Net Interest Income

6 Months Ended

Jun. 30, 2019

Banking and Thrift, Interest [Abstract]

Net Interest Income

Net Interest Income

The components of net interest income were as follows:

Table 65: Net Interest Income

	Three Months Ended June 30,				Six Months Ended June 30,
(In Millions)	2019		2018		2019		2018
Interest Income
Loans and Leases	$	300.6	$	271.4	$	598.8	$	523.4
Securities — Taxable	269.1		219.1		546.5		396.9
— Non-Taxable	1.0		1.9		2.2		3.9
Interest-Bearing Due from and Deposits with Banks (1)	19.2		18.3		37.1		38.2
Federal Reserve and Other Central Bank Deposits and Other	50.3		57.0		118.4		111.2
Total Interest Income	$	640.2	$	567.7	$	1,303.0	$	1,073.6
Interest Expense
Deposits	$	133.9	$	77.3	$	281.5	$	140.4
Federal Funds Purchased	7.1		13.6		20.5		18.9
Securities Sold Under Agreements to Repurchase	2.1		2.0		3.9		4.7
Other Borrowings	49.1		35.9		99.0		62.4
Senior Notes	18.5		11.7		34.4		23.5
Long-Term Debt	10.0		12.0		20.0		23.0
Floating Rate Capital Debt	2.1		1.9		4.3		3.4
Total Interest Expense	$	222.8	$	154.4	$	463.6	$	276.3
Net Interest Income	$	417.4	$	413.3	$	839.4	$	797.3

⁽¹⁾

Interest-Bearing Due from and Deposits with Banks includes the interest-bearing component of Cash and Due from Banks and Interest-Bearing Deposits with Banks as presented on the consolidated balance sheets.