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U.S. Bancorp$51.47$.41.80%

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Income Statement for U.S. Bancorp
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $23,996.00 $22,744.00 $21,494.00
Cost of Goods Sold $1,041.00 $622.00 $457.00
Gross Profit $22,955.00 $22,122.00 $21,037.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $14,160.00 $12,821.00 $11,889.00
Income Before Depreciation $8,795.00 $9,301.00 $9,148.00
       
Depreciation, Depletion, Amortization $175.00 $179.00 $174.00
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $1,103.00 $1,017.00 $944.00
Pretax Income $7,517.00 $8,105.00 $8,030.00
       
Provision for Income Taxes $1,264.00 $2,161.00 $2,097.00
Minority Interest $35.00 $56.00 $54.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $6,253.00 $5,944.00 $5,933.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $6,218.00 $5,888.00 $5,879.00
       
Basic Earnings Per Share $3.53 $3.25 $3.18
Diluted Earnings Per Share $3.51 $3.24 $3.16
       
Weighted Average Basic Shares Outstanding 1,677.00 1,718.00 1,764.00
Weighted Average Diluted Shares Outstanding 1,683.00 1,724.00 1,772.00
       
Income Before Non-Recurring Items $6,066.53 $5,888.00 $5,861.46
Income From Non-Recurring Items $151.47 $0.00 $17.54
Diluted Earnings Per Share before extras $3.42 $3.24 $3.15
       
Dividend (preferred) $298.19 $304.50 $269.48
Dividend (common) $1,920.96 $1,815.79 $1,762.45
Dividend Per Share (common) $1.16 $1.07 $1.01




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