Net Interest Income (Tables)

9 Months Ended

Sep. 30, 2019

Banking and Thrift, Interest [Abstract]

Net Interest Income

The components of net interest income were as follows:

Table 65: Net Interest Income

	Three Months Ended September 30,				Nine Months Ended September 30,
(In Millions)	2019		2018		2019		2018
Interest Income
Loans and Leases	$	291.0	$	282.9	$	889.8	$	806.3
Securities — Taxable	265.9		238.8		812.4		635.8
— Non-Taxable	0.9		1.7		3.1		5.5
Interest-Bearing Due from and Deposits with Banks (1)	18.6		15.6		55.7		53.8
Federal Reserve and Other Central Bank Deposits and Other	44.4		60.2		162.8		171.4
Total Interest Income	$	620.8	$	599.2	$	1,923.8	$	1,672.8
Interest Expense
Deposits	$	122.0	$	105.4	$	403.5	$	245.8
Federal Funds Purchased	2.4		16.1		22.8		35.0
Securities Sold Under Agreements to Repurchase	1.6		1.5		5.4		6.1
Other Borrowings	46.0		40.1		145.2		102.6
Senior Notes	19.6		14.6		54.0		38.1
Long-Term Debt	9.4		11.3		29.4		34.3
Floating Rate Capital Debt	2.1		2.0		6.4		5.4
Total Interest Expense	$	203.1	$	191.0	$	666.7	$	467.3
Net Interest Income	$	417.7	$	408.2	$	1,257.1	$	1,205.5

⁽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.