US BANCORP \DE\ — Director's Dealing 2003

Dec 19, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2003-12-18

Reporting Person: GRZEDZINSKI EDWARD (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-18	Common Stock, $0.01 par value	F	6869	$28.36	Disposed	328404	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	25569	Indirect
Common Stock, $0.01 par value	5000	Indirect