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Northern Trust Corporation (Corporation only) (Tables) - Parent Company
 12 Months Ended
Dec. 31, 2015
Condensed Financial Statements, Captions [Line Items]  
Condensed Balance Sheet
 
                      DECEMBER 31,
(In Millions)
2015

2014

ASSETS
 
 
Cash on Deposit with Subsidiary Bank
$
757.5

$
869.4

Securities
1.2

2.3

Advances to Wholly-Owned Subsidiaries – Banks
2,260.0

2,273.5

                                     – Nonbank
18.5

5.0

Investments in Wholly-Owned Subsidiaries – Banks
7,927.8

7,604.5

                                – Nonbank
153.4

123.0

Other Assets
682.3

605.8

Total Assets
$
11,800.7

$
11,483.5

LIABILITIES
 
 
Senior Notes
$
1,497.4

$
1,497.0

Long Term Debt
800.3

793.0

Floating Rate Capital Debt
277.3

277.2

Other Liabilities
519.8

467.4

Total Liabilities
3,094.8

3,034.6

STOCKHOLDERS’ EQUITY
 
 
Preferred Stock
388.5

388.5

Common Stock
408.6

408.6

Additional Paid-in Capital
1,072.3

1,050.9

Retained Earnings
8,242.8

7,625.4

Accumulated Other Comprehensive Loss
(372.7
)
(319.7
)
Treasury Stock
(1,033.6
)
(704.8
)
Total Stockholders’ Equity
8,705.9

8,448.9

Total Liabilities and Stockholders’ Equity
$
11,800.7

$
11,483.5
Condensed Statement of Income
 
                      FOR THE YEAR ENDED DECEMBER 31,
(In Millions)
2015

2014

2013

OPERATING INCOME
 
 
 
Dividends – Bank Subsidiaries
$
600.0

$
300.0

$
880.0

                 – Nonbank Subsidiaries
8.7

3.8

21.7

Intercompany Interest and Other Charges
38.5

42.9

33.2

Interest and Other Income
5.4

(0.3
)
9.0

Total Operating Income
652.6

346.4

943.9

OPERATING EXPENSES
 
 
 
Interest Expense
59.3

66.6

78.3

Other Operating Expenses
56.8

17.0

20.8

Total Operating Expenses
116.1

83.6

99.1

Income before Income Taxes and Equity in Undistributed Net Income of Subsidiaries
536.5

262.8

844.8

Benefit for Income Taxes
29.0

16.6

24.2

Income before Equity in Undistributed Net Income of Subsidiaries
565.5

279.4

869.0

Equity in Undistributed Net Income of Subsidiaries – Banks
392.8

522.1

(152.5
)
                                         – Nonbank
15.5

10.3

14.8

Net Income
$
973.8

$
811.8

$
731.3

Preferred Stock Dividends
23.4

9.5

—

Net Income Applicable to Common Stock
$
950.4

$
802.3

$
731.3
Condensed Statement of Cash Flows
 
                      FOR THE YEAR ENDED DECEMBER 31,
(In Millions)
2015

2014

2013

OPERATING ACTIVITIES:
 
 
 
Net Income
$
973.8

$
811.8

$
731.3

Adjustments to Reconcile Net Income to Net Cash Provided by (Used in) Operating Activities:
 
 
 
Equity in Undistributed Net Income of Subsidiaries
(408.3
)
(532.4
)
131.0

Change in Prepaid Expenses
1.2

0.2

(1.1
)
Change in Accrued Income Taxes
22.8

(30.7
)
(18.1
)
Other, net
58.4

56.1

102.6

Net Cash Provided by Operating Activities
647.9

305.0

945.7

INVESTING ACTIVITIES:
 
 
 
Change in Time Deposits with Banks
—

—

1,691.4

Purchases of Securities – Available for Sale
—

—

—

Proceeds from Sale, Maturity and Redemption of Securities – Available for Sale
1.3

2.9

0.2

Change in Capital Investments in Subsidiaries
(10.0
)
—

(13.0
)
Advances to Wholly-Owned Subsidiaries
—

(238.5
)
(1,000.0
)
Other, net
0.2

1.1

1.8

Net Cash Provided by (Used in) Investing Activities
(8.5
)
(234.5
)
680.4

FINANCING ACTIVITIES:
 
 
 
Change in Senior Notes and Long-Term Debt
—

(500.0
)
317.9

Proceeds from Issuance of Preferred Stock – Series C
—

388.5

—

Treasury Stock Purchased
(496.9
)
(480.7
)
(309.7
)
Net Proceeds from Stock Options
94.0

127.5

146.2

Cash Dividends Paid on Common Stock
(321.4
)
(302.9
)
(220.6
)
Cash Dividends Paid on Preferred Stock
(27.0
)
—

—

Other, net
—

0.1

—

Net Cash Used in Financing Activities
(751.3
)
(767.5
)
(66.2
)
Net Change in Cash on Deposit with Subsidiary Bank
(111.9
)
(697.0
)
1,559.9

Cash on Deposit with Subsidiary Bank at Beginning of Year
869.4

1,566.4

6.5

Cash on Deposit with Subsidiary Bank at End of Year
$
757.5

$
869.4

$
1,566.4