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Northern Trust Corporation (Corporation only) - Condensed Statement of Income (Detail) - USD ($)
$ in Millions
9 Months Ended 12 Months Ended
Sep. 30, 2018
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
OPERATING INCOME        
Total Operating Income   $ 6,100.8 $ 6,073.1 $ 5,960.2
OPERATING EXPENSES        
Interest Expense $ 698.7 200.3 822.0 698.7
Other Operating Expenses   346.7 329.8 330.6
Total Noninterest Expense   4,348.2 4,143.5 4,016.9
Benefit for Income Taxes   (418.3) (451.9) (401.4)
NET INCOME   1,209.3 1,492.2 1,556.4
Preferred Stock Dividends   56.2 46.4 46.4
Net Income Applicable to Common Stock   1,153.1 1,445.8 1,510.0
Parent Company        
OPERATING INCOME        
Intercompany Interest and Other Charges   46.5 115.1 91.9
Interest and Other Income   19.1 20.2 (8.7)
Total Operating Income   965.6 2,159.8 1,284.1
OPERATING EXPENSES        
Interest Expense   104.2 121.6 97.3
Other Operating Expenses   26.2 28.6 17.0
Total Noninterest Expense   130.4 150.2 114.3
Income before Income Taxes and Equity in Undistributed Net Income of Subsidiaries   835.2 2,009.6 1,169.8
Benefit for Income Taxes   28.2 24.3 24.6
Income before Equity in Undistributed Net Income of Subsidiaries   863.4 2,033.9 1,194.4
Equity in Undistributed Net Income of Subsidiaries   345.9 (541.7) 362.0
NET INCOME   1,209.3 1,492.2 1,556.4
Preferred Stock Dividends   56.2 46.4 46.4
Net Income Applicable to Common Stock   1,153.1 1,445.8 1,510.0
Banks Industry | Parent Company        
OPERATING INCOME        
Dividends from Subsidiaries   900.0 2,024.1 1,200.9
OPERATING EXPENSES        
Equity in Undistributed Net Income of Subsidiaries   326.0 (559.9) 336.7
Nonbank Subsidiaries | Parent Company        
OPERATING INCOME        
Dividends from Subsidiaries   0.0 0.4 0.0
OPERATING EXPENSES        
Equity in Undistributed Net Income of Subsidiaries   $ 19.9 $ 18.2 $ 25.3