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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Noninterest Income        
Trust, Investment and Other Servicing Fees $ 777.2 $ 756.8 $ 1,525.4 $ 1,484.3
Foreign Exchange Trading Income 64.4 74.8 124.9 146.4
Treasury Management Fees 16.0 16.1 32.2 32.4
Security Commissions and Trading Income 20.6 20.0 39.5 39.8
Other Operating Income 141.2 137.4 179.3 176.0
Investment Security Gains (Losses), net (Note) (2.4) (0.4) (2.1) (0.3)
Total Noninterest Income 1,017.0 1,004.7 1,899.2 1,878.6
Net Interest Income        
Interest Income 344.7 288.8 696.7 587.6
Interest Expense 45.0 37.6 89.2 75.8
Net Interest Income 299.7 251.2 607.5 511.8
Provision for Credit Losses (3.0) (10.0) (1.0) (14.5)
Net Interest Income after Provision for Credit Losses 302.7 261.2 608.5 526.3
Noninterest Expense        
Compensation 389.5 361.9 768.3 716.2
Employee Benefits 72.2 73.2 142.8 146.1
Outside Services 159.0 147.2 308.9 282.3
Equipment and Software 118.0 114.4 232.2 224.7
Occupancy 45.3 43.0 86.2 86.0
Other Operating Expense 141.0 114.8 215.4 188.2
Total Noninterest Expense 925.0 854.5 1,753.8 1,643.5
Income before Income Taxes 394.7 411.4 753.9 761.4
Provision for Income Taxes 134.0 142.2 251.4 261.5
Net Income 260.7 269.2 502.5 499.9
Preferred Stock Dividends 5.8 5.8 11.7 11.7
Net Income Applicable to Common Stock $ 254.9 $ 263.4 $ 490.8 $ 488.2
Per Common Share        
Net Income — Basic (in dollars per share) $ 1.10 $ 1.11 $ 2.11 $ 2.06
Net Income - Diluted (in dollars per share) $ 1.09 $ 1.10 $ 2.10 $ 2.04
Average number of common shares outstanding        
Basic (in shares) 227,535,701 233,149,020 228,077,395 233,264,453
Diluted (in shares) 229,197,013 235,232,835 229,588,352 235,260,611
Changes in Other-Than-Temporary-Impairment (OTTI) Losses $ (2.4) $ 0.0 $ (2.4) $ 0.0
Noncredit-related OTTI Losses Recorded in/(Reclassified from) OCI 0.0 0.0 0.0 0.0
Other Security Gains, net 0.0 (0.4) 0.3 (0.3)
Investment Security Gains (Losses), net $ (2.4) $ (0.4) $ (2.1) $ (0.3)