Pledged Assets Pledged Assets (Tables)

3 Months Ended

Mar. 31, 2020

Transfers and Servicing [Abstract]

Schedule of Financial Instruments Owned and Pledged as Collateral

The following table presents Northern Trust's pledged assets.

TABLE 50: TYPE OF PLEDGED ASSETS

(In Billions)	MARCH 31, 2020		DECEMBER 31, 2019
Securities
Obligations of States and Political Subdivisions	$	1.3	$	1.0
Government Sponsored Agency and Other Securities	31.0		33.4
Loans	7.4		7.7
Total Pledged Assets	$	39.7	$	42.1

The following table presents the available for sale debt securities pledged as collateral that are included in pledged assets.

TABLE 51: FAIR VALUE OF AVAILABLE FOR SALE DEBT SECURITIES INCLUDED IN PLEDGED ASSETS

	SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE				DERIVATIVE CONTRACTS
(In Millions)	MARCH 31, 2020		DECEMBER 31, 2019		MARCH 31, 2020		DECEMBER 31, 2019
Debt Securities
Available for Sale	$	30.4	$	487.1	$	58.3	$	14.4

Schedule of Customer Securities for which Entity has Right to Sell or Repledge

The following table presents the fair value of securities accepted as collateral. There was no repledged or sold collateral at March 31, 2020 or December 31, 2019.

TABLE 52: ACCEPTED COLLATERAL

(In Millions)	MARCH 31, 2020		DECEMBER 31, 2019
Collateral that may be repledged or sold
Repurchase agreements	$	998.2	$	707.8
Derivative contracts	34.6		16.8
Collateral that may not be repledged or sold
Repurchase agreements	—		—