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: 2006-10-26

Reporting Person: Otting Joseph M (Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-10-26	Common Stock, $0.01 par value	M	35000	$19.5173	Acquired	54678.6412	Direct
2006-10-26	Common Stock, $0.01 par value	S	13000	$33.96	Disposed	41678.6412	Direct
2006-10-26	Common Stock, $0.01 par value	S	12000	$33.95	Disposed	29678.6412	Direct
2006-10-26	Common Stock, $0.01 par value	S	10000	$33.94	Disposed	19678.6412	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 October 26, 2006. The amount of direct holdings includes shares aquired pursuant to dividend reinvestment in October 2006.