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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Noninterest Income      
Trust, Investment and Other Servicing Fees $ 3,852.1 $ 3,753.7 $ 3,434.3
Foreign Exchange Trading Income 250.9 307.2 209.9
Treasury Management Fees 44.5 51.8 56.4
Security Commissions and Trading Income 103.6 98.3 89.6
Other Operating Income 145.5 127.5 157.5
Investment Security Gains (Losses), net (1.4) (1.0) (1.6)
Total Noninterest Income 4,395.2 4,337.5 3,946.1
Net Interest Income      
Interest Income 2,499.9 2,321.4 1,769.4
Interest Expense 822.0 698.7 340.2
Net Interest Income 1,677.9 1,622.7 1,429.2
Provision for Credit Losses (14.5) (14.5) (28.0)
Net Interest Income after Provision for Credit Losses 1,692.4 1,637.2 1,457.2
Noninterest Expense      
Compensation 1,859.0 1,806.9 1,733.7
Employee Benefits 355.2 356.7 319.9
Outside Services 774.5 739.4 668.4
Equipment and Software 612.1 582.2 524.0
Occupancy 212.9 201.1 191.8
Other Operating Expense 329.8 330.6 331.6
Total Noninterest Expense 4,143.5 4,016.9 3,769.4
Income before Income Taxes 1,944.1 1,957.8 1,633.9
Provision for Income Taxes 451.9 401.4 434.9
NET INCOME 1,492.2 1,556.4 1,199.0
Preferred Stock Dividends 46.4 46.4 49.8
Net Income Applicable to Common Stock $ 1,445.8 $ 1,510.0 $ 1,149.2
PER COMMON SHARE      
Net Income - Basic (in dollars per share) $ 6.66 $ 6.68 $ 4.95
Net Income - Diluted (in dollars per share) $ 6.63 $ 6.64 $ 4.92
Average Number of Common Shares Outstanding - Basic (in shares) 214,525,547 223,148,335 228,257,664
Average Number of Common Shares Outstanding - Diluted (in shares) 215,601,149 224,488,326 229,654,401
Note: Changes in Other-Than-Temporary-Impairment (OTTI) Losses $ (0.3) $ (0.5) $ (0.2)
Other Security Gains (Losses), net (1.1) (0.5) (1.4)
Investment Security Gains (Losses), net $ (1.4) $ (1.0) $ (1.6)