XML 196 R177.htm IDEA: XBRL DOCUMENT v3.22.4
Northern Trust Corporation (Corporation only) - Condensed Statement of Income (Detail) - USD ($)
$ in Millions
9 Months Ended 12 Months Ended
Sep. 30, 2020
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
OPERATING INCOME        
Total Operating Income   $ 6,761.2 $ 6,464.5 $ 6,100.8
OPERATING EXPENSES        
Interest Expense $ 200.3 990.5 23.8 200.3
Other Operating Expenses   359.3 299.1 346.7
Total Noninterest Expense   4,982.9 4,535.9 4,348.2
Benefit for Income Taxes   (430.3) (464.8) (418.3)
NET INCOME   1,336.0 1,545.3 1,209.3
Preferred Stock Dividends   41.8 41.8 56.2
Net Income Applicable to Common Stock   1,294.2 1,503.5 1,153.1
Parent Company        
OPERATING INCOME        
Intercompany Interest and Other Charges   112.8 20.1 46.5
Interest and Other Income   (5.7) 32.3 19.1
Total Operating Income   107.1 811.8 965.6
OPERATING EXPENSES        
Interest Expense   132.3 71.3 104.2
Other Operating Expenses   11.9 36.7 26.2
Total Noninterest Expense   144.2 108.0 130.4
Income (Loss) before Income Taxes and Equity in Undistributed Net Income of Subsidiaries   (37.1) 703.8 835.2
Benefit for Income Taxes   16.9 25.7 28.2
Income (Loss) before Equity in Undistributed Net Income of Subsidiaries   (20.2) 729.5 863.4
Equity in Undistributed Net Income of Subsidiaries   1,356.2 815.8 345.9
NET INCOME   1,336.0 1,545.3 1,209.3
Preferred Stock Dividends   41.8 41.8 56.2
Net Income Applicable to Common Stock   1,294.2 1,503.5 1,153.1
Banks Industry | Parent Company        
OPERATING INCOME        
Dividends from Subsidiaries   0.0 751.1 900.0
OPERATING EXPENSES        
Equity in Undistributed Net Income of Subsidiaries   1,338.5 803.3 326.0
Nonbank Subsidiaries | Parent Company        
OPERATING INCOME        
Dividends from Subsidiaries   0.0 8.3 0.0
OPERATING EXPENSES        
Equity in Undistributed Net Income of Subsidiaries   $ 17.7 $ 12.5 $ 19.9