US Bank 2002 Annual Report Download - page 105

Download and view the complete annual report

Please find page 105 of the 2002 US Bank annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 124

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124

Supplemental Disclosures to the Consolidated Financial Statements
Consolidated Statement of Cash Flows Listed below are supplemental disclosures to the Consolidated Statement of
Cash Flows:
Year Ended December 31 (Dollars in Millions) 2002 2001 2000
Income taxes paid ********************************************************************* $ 1,129.5 $ 658.1 $ 1,046.5
Interest paid ************************************************************************** 2,890.1 5,092.2 5,686.3
Net noncash transfers to foreclosed property ********************************************* 89.5 59.9 94.3
Acquisitions and divestitures
Assets acquired ******************************************************************** $ 2,068.9 $1,150.8 $ 3,314.6
Liabilities assumed ***************************************************************** (3,821.9) (509.0) (3,755.9)
Net **************************************************************************** $(1,753.0) $ 641.8 $ (441.3)
Money Market Investments are included with cash and due from banks as part of cash and cash equivalents. Money market
investments were comprised of the following components at December 31:
(Dollars in Millions) 2002 2001
Interest-bearing deposits **************************************************************************************** $102 $104
Federal funds sold ********************************************************************************************** 61 123
Securities purchased under agreements to resell ******************************************************************* 271 398
Total money market investments**************************************************************************** $434 $625
Regulatory Capital The measures used to assess capital and 2001, for the Company and its bank subsidiaries, see
include the capital ratios established by bank regulatory Table 20 included in Management’s Discussion and Analysis
agencies, including the specific ratios for the ‘‘well capitalized’’ which is incorporated by reference into these Notes to
designation. For a description of the regulatory capital Consolidated Financial Statements.
requirements and the actual ratios as of December 31, 2002
U.S. Bancorp 103
Note 25