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Table of Contents Form 10 - K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 For the fiscal year ended December 31 , 2020 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware ( State or other jurisdiction of incorporation or organization ) ✓ For the transition period from ( not applicable ) Commission file number : 1-6880 2 . Common Stock , $ .01 par value per share Depositary Shares ( each representing 1 / 100th interest in a share of Series A Non - Cumulative Perpetual Preferred Stock , par value $ 1.00 ) Depositary Shares ( each representing 1 / 1,000th interest in a share of Series B Non - Cumulative Perpetual Preferred Stock , par value $ 1.00 ) Depositary Shares ( each representing 1 / 1,000th interest in a share of Series F Non - Cumulative Perpetual Preferred Stock , par value $ 1.00 ) Depositary Shares ( each representing 1 / 1,000th interest in a share of Series K Non - Cumulative Perpetual Preferred Stock , par value $ 1.00 ) Depositary Shares ( each representing 1 / 1,000th interest in a share of Series L Non - Cumulative Perpetual Preferred Stock , par value $ 1.00 ) Depositary Shares ( each representing 1 / 1,000th interest in a share of Series M Non - Cumulative Perpetual Preferred Stock , par value $ 1.00 ) 0.850 % Medium - Term Notes , Series X ( Senior ) , due June 7 , 2024 U.S. Bancorp ( Exact name of registrant as specified in its charter ) Common Stock , $ .01 par value per share 800 Nicollet Mall , Minneapolis , Minnesota 55402 ( Address of principal executive offices ) ( Zip Code ) ( 651 ) 466-3000 ( Registrant's telephone number , including area code ) Securities registered pursuant to Section 12 ( b ) of the Act : Title of each class Document Securities registered pursuant to Section 12 ( g ) of the Act : None No No Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Large accelerated filer Non - accelerated filer Emerging growth company 41-0255900 ( I.R.S. Employer Identification No. ) If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . 0 Trading symbols USB USB PRA USB PrH USB PrM USB PrP USB PrQ USB PrR USB / 24B DOCUMENTS INCORPORATED BY REFERENCE 1. Portions of the Annual Report to Shareholders for the Fiscal Year Ended December 31 , 2020 ( the " 2020 Annual Report " ) Portions of the Proxy Statement for the Annual Meeting of Shareholders to be held April 19 , 2021 ( the " Proxy Statement " ) Name of each exchange on which registered New York Stock Exchange New York Stock Exchange New York Stock Exchange New York Stock Exchange New York Stock Exchange New York Stock Exchange New York Stock Exchange New York Stock Exchange Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . No Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Act ) . Yes □ As of June 30 , 2020 , the aggregate market value of the registrant's common stock held by non - affiliates of the registrant was $ 55.5 billion based on the closing sale price as reported on the New York Stock Exchange . Indicate the number of shares outstanding of each of the registrant's classes of common stock , as of the latest practicable date . Class Accelerated filer Smaller reporting company Parts Into Which Incorporated Parts I and II Part III Outstanding at January 31 , 2021 1,502,136,131 00