US BANCORP \DE\ — Director's Dealing 2006

Feb 21, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2006-02-16

Reporting Person: Hidy Richard J (EVP and Chief Risk Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-16	Common Stock, $0.01 par value	F	122	$30.18	Disposed	2881.16	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	10104.42	Indirect
Common Stock, $0.01 par value	12.9458	Indirect

Footnotes

F1: Based on a plan report dated 1/31/06, the most recent plan report available.