US BANCORP \DE\ — Director's Dealing 2005

Dec 21, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2005-12-19

Reporting Person: MITAU LEE R (EVP, General Counsel & Sec)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-12-19	Common Stock, $0.01 par value	F	3013	$30.60	Disposed	47979	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	7812.8	Indirect
Common Stock, $0.01 par value	85019	Indirect

Footnotes

F1: Based on a plan report dated 11/30/05, the most recent plan report available.