Revenue from Contracts with Clients (Tables)

6 Months Ended

Jun. 30, 2021

Revenue from Contract with Customer [Abstract]

The following table presents revenues disaggregated by major revenue source.

TABLE 67: REVENUE DISAGGREGATION


	THREE MONTHS ENDED JUNE 30,				SIX MONTHS ENDED JUNE 30,
(In Millions)	2021		2020		2021		2020
Noninterest Income
Trust, Investment and Other Servicing Fees
Custody and Fund Administration	$	479.2	$	397.7	$	948.9	$	815.3
Investment Management and Advisory	521.2		485.4		1,037.6		995.9
Securities Lending	19.5		27.4		37.8		50.9
Other	55.5		51.0		114.8		103.0
Total Trust, Investment and Other Servicing Fees	$	1,075.4	$	961.5	$	2,139.1	$	1,965.1
Other Noninterest Income
Foreign Exchange Trading Income	$	70.6	$	71.3	$	149.3	$	160.2
Treasury Management Fees	11.3		11.4		22.5		22.4
Security Commissions and Trading Income	33.0		33.2		67.8		74.9
Other Operating Income	54.4		56.5		109.3		90.9
Investment Security Gains, net	—		0.1		—		0.1
Total Other Noninterest Income	$	169.3	$	172.5	$	348.9	$	348.5
Total Noninterest Income	$	1,244.7	$	1,134.0	$	2,488.0	$	2,313.6

Contract Balances

The table below represents receivables balances from contracts with clients, which are included in Other Assets on the consolidated balance sheets, at June 30, 2021 and December 31, 2020.

TABLE 68: CLIENT RECEIVABLES


(In Millions)	JUNE 30, 2021		DECEMBER 31, 2020
Trust Fees Receivable, net(1)	$	916.9	$	819.3
Other	119.0		116.5
Total Client Receivables	$	1,035.9	$	935.8

(1) Trust Fees Receivable is net of a $8.0 million and $7.2 million fee receivable allowance as of June 30, 2021 and December 31, 2020, respectively.