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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Noninterest Income      
Trust, Investment and Other Servicing Fees $ 4,432.6 $ 4,361.1 $ 3,995.0
Foreign Exchange Trading Income 288.6 292.6 290.4
Treasury Management Fees 39.3 44.3 45.4
Security Commissions and Trading Income 136.2 140.2 133.2
Other Operating Income 191.3 243.9 194.0
Investment Security Gains (Losses), net (214.0) (0.3) (0.4)
Total Noninterest Income 4,874.0 5,081.8 4,657.6
Net Interest Income      
Interest Income 2,877.7 1,406.5 1,643.5
Interest Expense 990.5 23.8 200.3
Net Interest Income 1,887.2 1,382.7 1,443.2
Provision for Credit Losses 12.0 (81.5) 125.0
Net Interest Income after Provision for Credit Losses 1,875.2 1,464.2 1,318.2
Noninterest Expense      
Compensation 2,248.0 2,011.0 1,947.1
Employee Benefits 437.4 431.4 387.7
Outside Services 880.3 849.4 763.1
Equipment and Software 838.8 736.3 673.5
Occupancy 219.1 208.7 230.1
Other Operating Expense 359.3 299.1 346.7
Total Noninterest Expense 4,982.9 4,535.9 4,348.2
Income before Income Taxes 1,766.3 2,010.1 1,627.6
Provision 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
PER COMMON SHARE      
Net Income - Basic (in dollars per share) $ 6.16 $ 7.16 $ 5.48
Net Income - Diluted (in dollars per share) $ 6.14 $ 7.14 $ 5.46
Average Number of Common Shares Outstanding - Basic (in shares) 208,309,331 208,075,522 208,319,412
Average Number of Common Shares Outstanding - Diluted (in shares) 208,867,264 208,899,230 209,007,986