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U.S. Bancorp (NYSE:USB)
Net Income (Continuing Operations)
$5,908 Mil (TTM As of Dec. 2014)

Net Income (Continuing Operations) indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. U.S. Bancorp's net income (continuing operations) for the three months ended in Dec. 2014 was $1,501 Mil. Its net income (continuing operations) for the trailing twelve months (TTM) ended in Dec. 2014 was $5,908 Mil.


Definition

It indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period.

U.S. Bancorp Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Dec. 2014 was 1412 (Mar. 2014 ) + 1509 (Jun. 2014 ) + 1486 (Sep. 2014 ) + 1501 (Dec. 2014 ) = $5,908 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

U.S. Bancorp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Net Income (Continuing Operations) 4,4894,7514,3243,0122,2373,2654,7885,4905,7325,908

U.S. Bancorp Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
Net Income (Continuing Operations) 1,3751,3871,4441,4301,4711,4121,5091,4861,5011,444
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