v3.26.1
Earnings Per Share
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share
NOTE 10
Earnings Per Share
The components of earnings per share were:
Three Months Ended
June 30		Six Months Ended
June 30
(Dollars and Shares in Millions, Except Per Share Data)2026202520262025
Net income attributable to U.S. Bancorp$2,177 $1,815 $4,122 $3,524 
Preferred dividends(66)(70)(159)(165)
Earnings allocated to participating stock awards(13)(12)(24)(23)
Net income applicable to U.S. Bancorp common shareholders$2,098 $1,733 $3,939 $3,336 
Average common shares outstanding1,554 1,559 1,554 1,559 
Net effect of the exercise and assumed purchase of stock awards1 — 1 1 
Average diluted common shares outstanding1,555 1,559 1,555 1,560 
Earnings per common share$1.35 $1.11 $2.53 $2.14 
Diluted earnings per common share$1.35 $1.11 $2.53 $2.14 
Options outstanding at June 30, 2025 to purchase 1 million common shares for the three and six months ended June 30, 2025 were not included in the computation of diluted earnings per share because they were antidilutive.