Net Interest Income (Tables)

3 Months Ended

Mar. 31, 2020

Banking and Thrift, Interest [Abstract]

Net Interest Income

The components of net interest income were as follows:

TABLE 61: NET INTEREST INCOME

	THREE MONTHS ENDED MARCH 31,
(In Millions)	2020		2019
Interest Income
Loans and Leases	$	250.2	$	298.2
Securities — Taxable	241.1		277.5
— Non-Taxable	0.5		1.1
Interest-Bearing Due from and Deposits with Banks(1)	12.8		17.9
Federal Reserve and Other Central Bank Deposits and Other	24.6		68.1
Total Interest Income	$	529.2	$	662.8
Interest Expense
Deposits	$	60.9	$	147.6
Federal Funds Purchased	2.0		13.4
Securities Sold Under Agreements to Repurchase	1.0		1.8
Other Borrowings	29.2		49.9
Senior Notes	17.9		15.9
Long-Term Debt	8.4		10.0
Floating Rate Capital Debt	1.7		2.2
Total Interest Expense	$	121.1	$	240.8
Net Interest Income	$	408.1	$	422.0

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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.