Revenue from Contracts with Clients (Tables)

6 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

The following table presents revenues disaggregated by major revenue source.

TABLE 65: REVENUE DISAGGREGATION


	THREE MONTHS ENDED JUNE 30,				SIX MONTHS ENDED JUNE 30,
(In Millions)	2022		2021		2022		2021
Noninterest Income
Trust, Investment and Other Servicing Fees
Custody and Fund Administration	$	464.4	$	479.2	$	948.4	$	948.9
Investment Management and Advisory	597.3		521.2		1,200.5		1,037.6
Securities Lending	21.6		19.5		40.5		37.8
Other	60.1		55.5		122.4		114.8
Total Trust, Investment and Other Servicing Fees	$	1,143.4	$	1,075.4	$	2,311.8	$	2,139.1
Other Noninterest Income
Foreign Exchange Trading Income	$	77.6	$	70.6	$	158.5	$	149.3
Treasury Management Fees	10.6		11.3		21.7		22.5
Security Commissions and Trading Income	32.8		33.0		69.0		67.8
Other Operating Income	45.6		54.4		86.7		109.3
Investment Security Gains (Losses), net	—		—		—		—
Total Other Noninterest Income	$	166.6	$	169.3	$	335.9	$	348.9
Total Noninterest Income	$	1,310.0	$	1,244.7	$	2,647.7	$	2,488.0

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, 2022 and December 31, 2021.

TABLE 66: CLIENT RECEIVABLES


(In Millions)	JUNE 30, 2022		DECEMBER 31, 2021
Trust Fees Receivable, net(1)	$	1,009.7	$	925.2
Other	134.8		126.9
Total Client Receivables	$	1,144.5	$	1,052.1

(1) Trust Fees Receivable is net of a $13.1 million and $10.9 million fee receivable allowance as of June 30, 2022 and December 31, 2021, respectively.