Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - US BANCORP \DE\ | Financial_Report.xls |
| EX-32 - EX-32 - US BANCORP \DE\ | d897379dex32.htm |
| EX-31.2 - EX-31.2 - US BANCORP \DE\ | d897379dex312.htm |
| 10-Q - FORM 10-Q - US BANCORP \DE\ | d897379d10q.htm |
| EX-31.1 - EX-31.1 - US BANCORP \DE\ | d897379dex311.htm |
Computation of Ratio of Earnings to Fixed Charges
| (Dollars in Millions) | Three Months Ended March 31, 2015 |
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| Earnings |
||||||||
| 1. |
Net income attributable to U.S. Bancorp |
$ | 1,431 | |||||
| 2. |
Applicable income taxes, including expense related to unrecognized tax positions |
479 | ||||||
| 3. |
Net income attributable to U.S. Bancorp before income taxes (1 + 2) |
$ | 1,910 | |||||
| 4. |
Fixed charges: |
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| a. | Interest expense excluding interest on deposits* |
$ | 245 | |||||
| b. | Portion of rents representative of interest and amortization of debt expense |
28 | ||||||
| c. | Fixed charges excluding interest on deposits (4a + 4b) |
273 | ||||||
| d. | Interest on deposits |
118 | ||||||
| e. | Fixed charges including interest on deposits (4c + 4d) |
$ | 391 | |||||
| 5. |
Amortization of interest capitalized |
$ | – | |||||
| 6. |
Earnings excluding interest on deposits (3 + 4c + 5) |
2,183 | ||||||
| 7. |
Earnings including interest on deposits (3 + 4e + 5) |
2,301 | ||||||
| 8. |
Fixed charges excluding interest on deposits (4c) |
273 | ||||||
| 9. |
Fixed charges including interest on deposits (4e) |
391 | ||||||
| Ratio of Earnings to Fixed Charges |
||||||||
| 10. |
Excluding interest on deposits (line 6/line 8) |
8.00 | ||||||
| 11. |
Including interest on deposits (line 7/line 9) |
5.88 | ||||||
| * | Excludes interest expense related to unrecognized tax positions |
| 76 | U.S. Bancorp |