US BANCORP \DE\ — Director's Dealing 2007

Feb 20, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: US BANCORP \DE\ (USB)
CIK: 0000036104
Period of Report: 2007-02-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-16	Common Stock, $0.01 par value	F	123	$36.60	Disposed	2577.1557	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.01 par value	11348.068	Indirect
Common Stock, $0.01 par value	13.5027	Indirect

Footnotes

F1: Based on a plan report dated February 5, 2007, the most recent plan report available.