Share-Based Compensation Plans

6 Months Ended

Jun. 30, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Share-Based Compensation Plans — The Northern Trust Corporation 2012 Stock Plan provides for the grant of nonqualified stock options, incentive stock options, stock appreciation rights, stock awards, restricted stock units and performance stock units.

Total compensation expense for share-based payment arrangements and the associated tax impacts were as follows for the three and six months ended June 30, 2016 and 2015.

Table 58: Total Compensation Expense for Share-Based Payment Arrangements



	Three Months Ended June 30,				Six Months Ended June 30,
(In Millions)	2016		2015		2016		2015
Restricted Stock Unit Awards	$	14.7	$	13.4	$	30.0	$	26.9
Stock Options	0.8		1.7		7.2		7.7
Performance Stock Units	4.5		4.1		8.6		7.5
Total Share-Based Compensation Expense	20.0		19.2		45.8		42.1
Tax Benefits Recognized	$	7.6	$	7.2	$	17.3	$	15.8

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details