US Bank 2008 Annual Report Download - page 2

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National
Wholesale Banking &
Trust Services
Global
Payments
Regional
Consumer & Business Banking &
Wealth Management
U.S. Bancorp
business scope
Mission Statement
The U.S. Bancorp mission
statement is our employee’s
clear, strong commitment to
our customers, communities,
and shareholders.
U.S. Bancorp:
Meeting the
challenges head on
Table of Contents
2 Selected Financial Highlights
3 Financial Summary
4 Letter to Shareholders
7 Building, Innovating, Expanding
15 Employee Engagement
16 Community Building
17 The Greening of USB
19 Management’s Discussion
and Analysis
66 Consolidated Financial Statements
70 Notes to Consolidated
Financial Statements
111 Reports of Management and
Independent Accountants
114 Five-year Consolidated
Financial Statements
116 Quarterly Consolidated Financial Data
117 Supplemental Financial Data
120 Company Information
127 Executive Offi cers
128 Directors
Inside Back Cover Corporate Information
U.S. Bancorp met the unprecedented challenges facing
our industry and the financial markets in 2008 with swift
and decisive actions to keep our company strong and
profitable. Our principles of financial discipline, balance
sheet strength and prudent risk administration allowed us
to manage the economic and industry turmoil of the past
year. We continue to build on our commitments of building
deeper customer relationships, investing in innovation for
the future, and expanding our capabilities and reach.