Other Operating Income

12 Months Ended

Dec. 31, 2016

Other Income and Expenses [Abstract]

Other Operating Income

Other Operating Income

The components of other operating income were as follows:

TABLE 83: Other Operating Income

	FOR THE YEAR ENDED DECEMBER 31,
(In Millions)	2016		2015		2014
Loan Service Fees	$	56.6	$	59.1	$	62.7
Banking Service Fees	50.6		48.2		49.6
Other Income	134.0		139.8		41.2
Total Other Operating Income	$	241.2	$	247.1	$	153.5

Other income in 2016 includes a $123.1 million net gain on the sale of 1.1 million Visa Class B common shares. Other income in 2015 includes a $99.9 million net gain on the sale of 1.0 million Visa Class B common shares.

Other Operating Expense

The components of other operating expense were as follows:

TABLE 84: OTHER OPERATING EXPENSE

	FOR THE YEAR ENDED DECEMBER 31,
(In Millions)	2016		2015		2014
Business Promotion	$	83.6	$	85.1	$	79.7
FDIC Insurance Premiums	31.7		25.2		22.0
Staff Related	43.0		40.5		39.1
Other Intangibles Amortization	8.8		10.9		19.5
Other Expenses	197.3		166.3		111.8
Total Other Operating Expense	$	364.4	$	328.0	$	272.1

Other expenses in the second quarter of 2016 included a charge in connection with an agreement to settle certain securities lending litigation of $46.5 million, and charges related to contractual modifications associated with existing C&IS clients of $18.6 million. In the third quarter of 2016, there was a $3.5 million charge to settle securities lending litigation that had not been part of the second quarter settlement. Other expenses in 2015 includes a charge related to voluntary cash contributions to certain constant dollar NAV funds totaling $45.8 million to bring the NAVs of these funds to $1.00.