-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 BwvyQFC8DQSJrEtn7A0gknC/2MGXXpb8bLV/D03x2H3Z3QiCOBhfORwqqcuaM2Dn
 owbgIDWDPqOj3dtkIVWWxw==

<SEC-DOCUMENT>0000036104-04-000009.txt : 20040106
<SEC-HEADER>0000036104-04-000009.hdr.sgml : 20040106
<ACCEPTANCE-DATETIME>20040106185607
ACCESSION NUMBER:		0000036104-04-000009
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040102
FILED AS OF DATE:		20040106

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			STOLLENWERK JOHN J
		CENTRAL INDEX KEY:			0001185509

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-65358
		FILM NUMBER:		04511417

	MAIL ADDRESS:	
		STREET 1:		800 NICOLLET MALL
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55402

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			US BANCORP \DE\
		CENTRAL INDEX KEY:			0000036104
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				410255900
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		U.S.BANCORP
		STREET 2:		800 NICOLLET MALL
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55402
		BUSINESS PHONE:		(612)973-1111

	MAIL ADDRESS:	
		STREET 1:		U.S.BANCORP
		STREET 2:		800 NICOLLET MALL
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55402

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIRST BANK SYSTEM INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FIRST BANK STOCK CORP
		DATE OF NAME CHANGE:	19720317
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2004-01-02</periodOfReport>
    <issuer>
        <issuerCik>0000036104</issuerCik>
        <issuerName>US BANCORP \DE\</issuerName>
        <issuerTradingSymbol>USB</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001185509</rptOwnerCik>
            <rptOwnerName>STOLLENWERK JOHN J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>ALLEN-EDMONDS SHOE CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>201 EAST SEVEN HILLS ROAD</rptOwnerStreet2>
            <rptOwnerCity>PORT WASHINGTON</rptOwnerCity>
            <rptOwnerState>WI</rptOwnerState>
            <rptOwnerZipCode>53074</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
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.28</value><footnoteId id="F6"/></conversionOrExercisePrice><exerciseDate><footnoteId id="F17"/></exerciseDate><expirationDate><value>2011-01-02</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>1863</value><footnoteId id="F6"/></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>1863</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value/></natureOfOwnership></ownershipNature></derivativeHolding><derivativeHolding><securityTitle><value>Non-Employee Director Stock Option (Right to Buy)</value></securityTitle><conversionOrExercisePrice><value>21.54</value><footnoteId id="F6"/></conversionOrExercisePrice><exerciseDate><footnoteId id="F18"/></exerciseDate><expirationDate><value>2010-12-12</value></expirationDate><underlyingSecu
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ingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>629</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value/></natureOfOwnership></ownershipNature></derivativeHolding><derivativeHolding><securityTitle><value>Non-Employee Director Stock Option (Right to Buy)</value></securityTitle><conversionOrExercisePrice><value>20.73</value><footnoteId id="F6"/></conversionOrExercisePrice><exerciseDate><footnoteId id="F20"/></exerciseDate><expirationDate><value>2010-07-03</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>705</value><footnoteId id="F6"/></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>705</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwners
hip><value>D</value></directOrIndirectOwnership><natureOfOwnership><value/></natureOfOwnership></ownershipNature></derivativeHolding><derivativeHolding><securityTitle><value>Non-Employee Director Stock Option (Right to Buy)</value></securityTitle><conversionOrExercisePrice><value>23.22</value><footnoteId id="F6"/></conversionOrExercisePrice><exerciseDate><footnoteId id="F21"/></exerciseDate><expirationDate><value>2010-04-03</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>1233</value><footnoteId id="F6"/></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>1233</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value/></natureOfOwnership></ownershipNature></derivativeHolding><derivativeHolding><securityTitle><value>Non-Employ
ee Director Stock Option (Right to Buy)</value></securityTitle><conversionOrExercisePrice><value>20.80</value><footnoteId id="F6"/></conversionOrExercisePrice><exerciseDate><footnoteId id="F22"/></exerciseDate><expirationDate><value>2010-01-03</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>6444</value><footnoteId id="F6"/></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>6444</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value/></natureOfOwnership></ownershipNature></derivativeHolding><derivativeHolding><securityTitle><value>Non-Employee Director Stock Option (Right to Buy)</value></securityTitle><conversionOrExercisePrice><value>21.23</value><footnoteId id="F6"/></conversionOrExercisePrice><exerciseDate><footnoteId
 id="F23"/></exerciseDate><expirationDate><value>2009-12-14</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>6947</value><footnoteId id="F6"/></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>6947</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value/></natureOfOwnership></ownershipNature></derivativeHolding><derivativeHolding><securityTitle><value>Non-Employee Director Stock Option (Right to Buy)</value></securityTitle><conversionOrExercisePrice><value>25.45</value><footnoteId id="F6"/></conversionOrExercisePrice><exerciseDate><footnoteId id="F24"/></exerciseDate><expirationDate><value>2009-10-01</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><u
nderlyingSecurityShares><value>378</value><footnoteId id="F6"/></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>378</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value/></natureOfOwnership></ownershipNature></derivativeHolding><derivativeHolding><securityTitle><value>Non-Employee Director Stock Option (Right to Buy)</value></securityTitle><conversionOrExercisePrice><value>27.81</value><footnoteId id="F6"/></conversionOrExercisePrice><exerciseDate><footnoteId id="F25"/></exerciseDate><expirationDate><value>2009-07-01</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>956</value><footnoteId id="F6"/></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>956</value>
</sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value/></natureOfOwnership></ownershipNature></derivativeHolding><derivativeHolding><securityTitle><value>Non-Employee Director Stock Option (Right to Buy)</value></securityTitle><conversionOrExercisePrice><value>27.81</value><footnoteId id="F6"/></conversionOrExercisePrice><exerciseDate><footnoteId id="F25"/></exerciseDate><expirationDate><value>2009-07-01</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>3197</value><footnoteId id="F6"/></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>3197</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value/></natureOf
Ownership></ownershipNature></derivativeHolding><derivativeHolding><securityTitle><value>Non-Employee Director Stock Option (Right to Buy)</value></securityTitle><conversionOrExercisePrice><value>29.22</value><footnoteId id="F6"/></conversionOrExercisePrice><exerciseDate><footnoteId id="F26"/></exerciseDate><expirationDate><value>2009-03-09</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>10873</value><footnoteId id="F6"/></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>10873</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value/></natureOfOwnership></ownershipNature></derivativeHolding></derivativeTable><footnotes><footnote id="F1">Restricted stock units convert into common stock on a one-for-one basis.</footnote><foo
tnote id="F2">Restricted stock units vest in four equal annual installments beginning on December 17, 2003.  Vested units are payable in common stock when the reporting person retires in accordance with the Company's director retirement policy.</footnote><footnote id="F3">Includes restricted stock units acquired in January, April, July and October pursuant to a dividend reinvestment feature of the reporting person's restricted stock unit award.</footnote><footnote id="F4">The option vests in four equal annual installments beginning on January 2, 2005.</footnote><footnote id="F5">Stock option acquired from issuer in lieu of $65,000 of cash compensation for 2004 director fees under the 2001 Executive Stock Incentive Plan.</footnote><footnote id="F6">The exercise price and number of shares subject to the option were adjusted to preserve the economic value of the option in connection with the spin-off of the company's Piper Jaffray subsidiary on December 31, 2003, by multiplying the number of shares subject to t
he option, and dividing the option price, by 1.0068.</footnote><footnote id="F7">The option vests in four equal annual installments beginning on January 2, 2004.</footnote><footnote id="F8">The option vests in four equal annual installments beginning on December 17, 2003.</footnote><footnote id="F9">The option vests in four equal annual installments beginning on October 1, 2003.</footnote><footnote id="F10">The option vests in four equal annual installments beginning on July 1, 2003.</footnote><footnote id="F11">The option vests in four equal annual installments beginning on April 1, 2003.</footnote><footnote id="F12">The option vests in four equal annual installments beginning on January 2, 2003.</footnote><footnote id="F13">The option vests in four equal annual installments beginning on October 1, 2002.</footnote><footnote id="F14">The option vests in four equal annual installments beginning on July 2, 2002.</footnote><footnote id="F15">The option vests in four equal annual installments beginning on April 
2, 2002.</footnote><footnote id="F16">The option vests in four equal annual installments beginning on February 27, 2002.</footnote><footnote id="F17">The option vests in four equal annual installments beginning on January 2, 2002.</footnote><footnote id="F18">The option vests in four equal annual installments beginning on December 12, 2001.</footnote><footnote id="F19">The option vests in four equal annual installments beginning on October 2, 2001.</footnote><footnote id="F20">The option vests in four equal annual installments beginning on July 3, 2001.</footnote><footnote id="F21">The option vests in four equal annual installments beginning on April 3, 2001.</footnote><footnote id="F22">The option vested in four equal annual installments beginning on January 3, 2001.</footnote><footnote id="F23">The option vested in four equal annual installments beginning on December 14, 2000.</footnote><footnote id="F24">The option vested in four equal annual installments beginning on October 1, 2000.</footnote><footnote 
id="F25">The option vested in four equal annual installments beginning on July 1, 2000.</footnote><footnote id="F26">The option vested in four equal annual installments beginning on March 9, 2000.</footnote></footnotes><remarks/><ownerSignature><signatureName>Lee R. Mitau for John J. Stollenwerk</signatureName><signatureDate>2005-01-06</signatureDate></ownerSignature></ownershipDocument>

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-----END PRIVACY-ENHANCED MESSAGE-----
