US BANCORP \DE\ — Director's Dealing 2006

Oct 24, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2006-10-20

Reporting Person: CECERE ANDREW (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-10-20	Common Stock, $0.01 par value	G	450	—	Disposed	118315	Direct
2006-10-20	Common Stock, $0.01 par value	G	150	—	Disposed	118165	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	6197.7926	Indirect
Common Stock, $0.01 par value	341	Indirect

Footnotes

F1: Based on a plan report dated September 30, 2006, the most recent plan report available.