US BANCORP \DE\ — Director's Dealing 2007

Dec 10, 2007

SEC Form 4/A — Form 4/A

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2007-01-17

Reporting Person: Otting Joseph M (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-01-17	Common Stock, $0.01 par value	M	50000	$19.5173	Acquired	69726.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	400	$35.60	Disposed	69326.6846	Direct
2006-01-17	Common Stock, $0.01 par value	S	1300	$35.61	Disposed	68026.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	1100	$35.62	Disposed	66926.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	900	$35.63	Disposed	66026.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	200	$35.64	Disposed	65826.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	1500	$35.65	Disposed	64326.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	1200	$35.66	Disposed	63126.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	900	$35.67	Disposed	62226.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	2000	$35.68	Disposed	60226.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	2200	$35.69	Disposed	58026.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	3800	$35.70	Disposed	54226.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	3900	$35.71	Disposed	50326.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	6200	$35.72	Disposed	44126.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	4300	$35.73	Disposed	39826.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	2400	$35.74	Disposed	37426.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	1200	$35.75	Disposed	36226.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	1800	$35.76	Disposed	34426.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	3300	$35.77	Disposed	31126.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	1000	$35.78	Disposed	30126.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	1900	$35.79	Disposed	28226.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	1000	$35.80	Disposed	27226.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	1600	$35.81	Acquired	25626.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	1100	$35.82	Disposed	24526.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	900	$35.83	Disposed	23626.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	300	$35.84	Disposed	23326.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	700	$35.85	Disposed	22626.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	1200	$35.86	Disposed	21426.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	1100	$35.87	Disposed	20326.6846	Direct
2007-01-17	Common Stock, $0.01 par value	S	600	$35.88	Disposed	19726.6846	Direct

Footnotes

F1: This amendment is filed only to show a change to the amounts of total direct holdings of the Reporting Person, and does not relate to the transactions that were completed by the Reporting Person on January 17, 2007. The amount of direct holdings includes shares aquired pursuant to dividend reinvestment in January 2007.