Pledged and Restricted Assets (Tables)

6 Months Ended

Jun. 30, 2021

Transfers and Servicing [Abstract]

Schedule of Financial Instruments Owned and Pledged as Collateral

The following table presents Northern Trust's pledged assets.

TABLE 57: TYPE OF PLEDGED ASSETS

(In Billions)	JUNE 30, 2021		DECEMBER 31, 2020
Securities
Obligations of States and Political Subdivisions	$	3.3	$	2.9
Government Sponsored Agency and Other Securities	33.3		32.5
Loans	14.6		12.1
Total Pledged Assets	$	51.2	$	47.5

The following table presents the AFS debt securities pledged as collateral that are included in pledged assets.

TABLE 58: FAIR VALUE OF AVAILABLE FOR SALE DEBT SECURITIES INCLUDED IN PLEDGED ASSETS

	SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE				DERIVATIVE CONTRACTS
(In Millions)	JUNE 30, 2021		DECEMBER 31, 2020		JUNE 30, 2021		DECEMBER 31, 2020
Debt Securities
Available for Sale	$	535.2	$	33.0	$	29.6	$	27.1

Schedule of Customer Securities for which Entity has Right to Sell or Repledge

The following table presents the fair value of securities accepted as collateral.

TABLE 59: ACCEPTED COLLATERAL

(In Millions)	JUNE 30, 2021		DECEMBER 31, 2020
Collateral that may be repledged or sold
Reverse repurchase agreements	$	147.8	$	1,179.8
Derivative contracts	14.9		0.9
Collateral that may not be repledged or sold
Reverse repurchase agreements	800.0		500.0