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Reporting Segments (Tables)
 3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Earnings Contribution of Northern Trust's Reporting Segments
The following table shows the earnings contributions of Northern Trust’s reporting segments for the three-month periods ended March 31, 2017 and 2016.
Table 52: Results of Reporting Segments
Three Months Ended March 31,
Corporate &
Institutional Services
 
Wealth
Management
 
Treasury and
Other
 
Total
Consolidated
($ In Millions)
2017
 
2016
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
Noninterest Income
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Trust, Investment and Other Servicing Fees
$
462.9

 
$
433.4

 
$
345.3

 
$
314.8

 
$
—

 
$
—

 
$
808.2

 
$
748.2

Foreign Exchange Trading Income
49.1

 
51.7

 
0.9

 
4.5

 
(1.9
)
 
4.3

 
48.1

 
60.5

Other Noninterest Income
44.2

 
45.6

 
25.5

 
26.8

 
4.9

 
1.1

 
74.6

 
73.5

Net Interest Income*
166.5

 
138.4

 
177.0

 
158.5

 
18.9

 
17.1

 
362.4

 
314.0

Revenue*
722.7

 
669.1

 
548.7

 
504.6

 
21.9

 
22.5

 
1,293.3

 
1,196.2

Provision for Credit Losses
0.3

 
(3.2
)
 
(1.3
)
 
5.2

 
—

 
—

 
(1.0
)
 
2.0

Noninterest Expense
510.8

 
475.3

 
346.3

 
326.9

 
37.4

 
26.6

 
894.5

 
828.8

Income before Income Taxes*
211.6

 
197.0

 
203.7

 
172.5

 
(15.5
)
 
(4.1
)
 
399.8

 
365.4

Provision for Income Taxes*
66.9

 
62.2

 
76.8

 
64.9

 
(20.0
)
 
(7.1
)
 
123.7

 
120.0

Net Income
$
144.7

 
$
134.8

 
$
126.9

 
$
107.6

 
$
4.5

 
$
3.0

 
$
276.1

 
$
245.4

Percentage of Consolidated Net Income
52
%
 
55
%
 
46
%
 
44
%
 
2
%
 
1
%
 
100
%
 
100
%
Average Assets
$
77,803.5

 
$
75,372.9

 
$
26,661.8

 
$
26,237.8

 
$
12,011.1

 
$
11,806.4

 
$
116,476.4

 
$
113,417.1

* Non-GAAP financial measures stated on a fully taxable equivalent basis (FTE). Total consolidated includes FTE adjustments of $8.9 million for 2017 and $6.2 million for 2016.