U.S. Bancorp (USB) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 1.34B | 2.84B | 3.39B | 2.03B | -285M | 4.77B | 972M | 2.87B | 2.66B | 416M | 3.87B | 3.32B | 842M | 6.89B | 3.5B | 2.25B | 8.48B | 703M | 2.65B | 5.58B |
| Operating CF Growth % | 570.18% | -40.5% | 248.56% | -29.33% | -110.71% | 1045.67% | -74.9% | -13.33% | 216.03% | -93.96% | 10.5% | 47.44% | -90.07% | 879.8% | 32.41% | -59.72% | 804.7% | 165.76% | -19.4% | 754.51% |
| Net Income | 1.95B | 2.04B | 2B | 1.81B | 1.71B | 1.66B | 1.71B | 1.6B | 1.32B | 847M | 1.52B | 1.36B | 1.7B | 925M | 1.81B | 1.53B | 1.56B | 1.67B | 2.03B | 1.98B |
| Depreciation & Amortization | 204M | 227M | 216M | 217M | 215M | 238M | 231M | 234M | 236M | 250M | 256M | 255M | 257M | 175M | 128M | 125M | 132M | 125M | 126M | 124M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 553M | 564M | 491M | -48M | 985M | 1.32B | 233M | 1.04B | 1.11B | -681M | 2.09B | 1.7B | -1.11B | 5.79B | 1.56B | 593M | 6.79B | -1.09B | 493M | 3.48B |
| Working Capital Changes | -1.36B | 0 | 680M | 47M | -3.19B | 1.55B | -1.21B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -5.35B | -16.85B | 230M | -1.37B | -2.55B | -12.88B | 1.62B | -8.33B | -4.95B | 1.8B | 5.64B | 6.55B | 4.94B | 34.58B | -7.56B | -12.15B | -7.36B | -41.72B | 9.59B | -5.89B |
| Purchase of Investments | -8.52B | -11.9B | -1.8B | -9.35B | -2.75B | -12.72B | -9.17B | -9.3B | -4.94B | -3.49B | -2.07B | -2.57B | -1.14B | -5.37B | -1.79B | -5.61B | -18.92B | -37.37B | -7.85B | -18.73B |
| Sale/Maturity of Investments | 7.15B | 4.63B | 5.33B | 6.3B | 3.74B | 6.24B | 12.48B | 3.69B | 2.88B | 5.98B | 3.53B | 3.73B | 10.44B | 25.13B | 5.08B | 7.67B | 19.2B | 11.24B | 17.87B | 15.64B |
| Net Investment Activity | -1.37B | -7.27B | 3.53B | -3.05B | 990M | -6.48B | 3.31B | -5.61B | -2.06B | 2.49B | 1.46B | 1.16B | 9.3B | 19.77B | 3.29B | 2.06B | 277M | -26.13B | 10.02B | -3.09B |
| Acquisitions | 0 | -1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | -3.98B | -9.57B | -3.3B | 1.68B | -3.54B | -6.39B | -1.69B | -2.72B | -2.89B | -689M | 4.18B | 5.38B | -4.36B | 14.81B | -10.85B | -14.22B | -7.64B | -15.59B | -431M | -2.8B |
| Cash from Financing | 5.67B | -6.44B | 5.21B | 7.13B | -3.66B | -8.95B | 5.14B | -5.7B | 18.09B | -5.38B | -15.8B | -5.45B | 6.9B | -29.57B | 6.58B | 4.72B | 14.29B | 6.02B | 7.1B | 1.38B |
| Dividends Paid | -884M | -910M | -853M | -880M | -859M | -887M | -844M | -871M | -846M | -854M | -813M | -837M | -807M | -802M | -746M | -770M | -757M | -770M | -684M | -720M |
| Share Repurchases | -276M | -122M | -101M | -106M | -160M | -122M | -1M | -1M | -49M | -17M | -1M | 0 | -44M | -14M | 0 | -1M | -1.15B | -18M | 0 | -1.64B |
| Stock Issued | 16M | 13M | 10M | 6M | 16M | 10M | 8M | 1M | 13M | 9M | 936M | 0 | 6M | 5M | 0 | 1M | 452M | 5M | 2M | 19M |
| Net Stock Activity | -260M | -109M | -91M | -100M | -144M | -112M | 7M | 0 | -36M | -8M | 935M | 0 | -38M | -9M | 0 | 0 | -702M | -13M | 2M | -1.62B |
| Debt Issuance (Net) | 1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K | -1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K |
| Other Financing | 6.06B | -4.52B | 7.4B | 6.14B | -5.78B | -2.84B | -2.68B | -4.29B | 15.75B | -6.05B | -3.24B | 16.23B | -19.24B | -32.28B | 4.05B | 5.56B | 5.46B | 13.01B | 5.72B | 3.42B |
| Net Change in Cash | 1.53B | 0 | 8.83B | 7.79B | -6.49B | -17.06B | 7.73B | -11.15B | 15.79B | -3.16B | -6.29B | 4.41B | 12.69B | 11.89B | 2.53B | -5.18B | 15.4B | -35B | 19.33B | 1.07B |
| Exchange Rate Effect | -132M | 20.45B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 46.89B | 0 | 57.81B | 50.01B | 56.5B | 73.56B | 65.83B | 76.98B | 61.19B | 64.35B | 70.64B | 66.23B | 53.54B | 41.65B | 39.12B | 44.3B | 28.91B | 63.9B | 44.57B | 43.5B |
| Cash at End | 48.42B | 0 | 66.64B | 57.81B | 50.01B | 56.5B | 73.56B | 65.83B | 76.98B | 61.19B | 64.35B | 70.64B | 66.23B | 53.54B | 41.65B | 39.12B | 44.3B | 28.91B | 63.9B | 44.57B |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 1.34B | 2.84B | 3.39B | 2.03B | -285M | 4.77B | 972M | 2.87B | 2.66B | 416M | 3.87B | 3.32B | 842M | 6.89B | 3.5B | 2.25B | 8.48B | 703M | 2.65B | 5.58B |
| FCF Growth % | 570.18% | -40.5% | 248.56% | -29.33% | -110.71% | 1045.67% | -74.9% | -13.33% | 216.03% | -93.96% | 10.5% | 47.44% | -90.07% | 879.8% | 32.41% | -59.72% | 804.7% | 165.76% | -19.4% | 754.51% |