US Bank 2006 Annual Report Download - page 3

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U.S. BANCORP
1
FINANCIALS
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. This report contains forward-looking statements. Statements that are not
historical or current facts, including statements about beliefs and expectations, are forward-looking statements. These statements often include the words “may,”
“could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “targets,” “potentially,” “probably,” “projects,” “outlook” or
similar expressions. These forward-looking statements cover, among other things, anticipated future revenue and expenses and the future plans and prospects
of U.S. Bancorp. Forward-looking statements involve inherent risks and uncertainties, and important factors could cause actual results to differ materially
from those anticipated, including changes in general business and economic conditions, changes in interest rates, legal and regulatory developments, increased
competition from both banks and non-banks, changes in customer behavior and preferences, effects of mergers and acquisitions and related integration, and
effects of critical accounting policies and judgments. These and other risks that may cause actual results to differ from expectations are described throughout
this report, which you should read carefully, including the sections entitled “Corporate Risk Profile” beginning on page 32 and “Risk Factors” beginning on
page 111. Forward-looking statements speak only as of the date they are made, and U.S. Bancorp undertakes no obligation to update them in light of new
information or future events.
page 2 corporate overview
page 4 selected financial highlights
page 5 financial summary
page 6 letter to shareholders
page 8 positive results
CONTENTS
page 18 management’s discussion and analysis
page 61 reports of management and independent accountants
page 64 consolidated financial statements
page 68 notes to consolidated financial statements
page 103 five-year consolidated financial statements
page 105 quarterly consolidated financial data
page 108 supplemental financial data
page 109 annual report on form 10-k
page 120 CEO and CFO certifications
page 123 executive officers
page 125 directors
corporate information
inside
back cover