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Northern Trust Corporation (Corporation only) - Condensed Statement of Cash Flows (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income $ 1,209.3 $ 1,492.2 $ 1,556.4
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities      
Change in Accrued Income Taxes 25.4 (70.7) (130.0)
Other Operating Activities, net (16.4) (448.2) 729.9
Net Cash Provided by Operating Activities 1,896.8 2,592.0 1,767.5
CASH FLOWS FROM INVESTING ACTIVITIES      
Proceeds from Sale, Maturity and Redemption of Debt Securities – Available for Sale 8,748.2 11,057.2 8,958.7
Acquisition of a Business, Net of Cash Received 0.0 (10.5) (104.2)
Other Investing Activities, net (322.7) 225.1 (873.6)
Net Cash (Used in) Provided by Investing Activities (29,923.0) (3,405.0) 4,327.1
CASH FLOWS FROM FINANCING ACTIVITIES      
Repayments of Senior Notes (508.6) 0.0 (314.3)
Redemption of Preferred Stock - Series C (400.0) 0.0 0.0
Proceeds from Issuance of Preferred Stock - Series E 0.0 392.5 0.0
Treasury Stock Purchased (299.8) (1,100.2) (924.3)
Net Proceeds from Stock Options 19.5 44.0 32.6
Cash Dividends Paid on Common Stock (584.6) (529.7) (405.4)
Cash Dividends Paid on Preferred Stock (45.9) (46.4) (46.4)
Other Financing Activities, net 1.2 (1.0) 1.1
Net Cash Provided by (Used In) Financing Activities 27,871.9 615.9 (5,818.2)
Cash and Due from Banks at Beginning of Year 4,459.2    
Cash and Due from Banks at End of Year 4,389.5 4,459.2  
Parent Company      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income 1,209.3 1,492.2 1,556.4
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities      
Equity in Undistributed Net Income of Subsidiaries (345.9) 541.7 (362.0)
Change in Prepaid Expenses 398.5 (400.4) (0.6)
Change in Accrued Income Taxes 3.7 114.1 (141.8)
Other Operating Activities, net 300.3 141.9 125.6
Net Cash Provided by Operating Activities 1,565.9 1,889.5 1,177.6
CASH FLOWS FROM INVESTING ACTIVITIES      
Proceeds from Sale, Maturity and Redemption of Debt Securities – Available for Sale 0.0 0.0 1.0
Investments in and Advances to Subsidiaries, net (800.0) 540.0 (436.5)
Acquisition of a Business, Net of Cash Received 0.0 0.0 (31.2)
Other Investing Activities, net 1.8 3.7 (3.1)
Net Cash (Used in) Provided by Investing Activities (798.2) 543.7 (469.8)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from Senior Notes 993.2 498.0 497.9
Repayments of Senior Notes (508.6) 0.0 0.0
Redemption of Preferred Stock - Series C (400.0) 0.0 0.0
Proceeds from Issuance of Preferred Stock - Series E 0.0 392.5 0.0
Treasury Stock Purchased (299.8) (1,100.2) (924.3)
Net Proceeds from Stock Options 19.5 44.0 32.6
Cash Dividends Paid on Common Stock (584.6) (529.7) (405.4)
Cash Dividends Paid on Preferred Stock (45.9) (46.4) (46.4)
Other Financing Activities, net 15.4 0.9 2.1
Net Cash Provided by (Used In) Financing Activities (810.8) (740.9) (843.5)
Change in Cash and Due from Banks (43.1) 1,692.3 (135.7)
Cash and Due from Banks at Beginning of Year 2,559.1 866.8 1,002.5
Cash and Due from Banks at End of Year $ 2,516.0 $ 2,559.1 $ 866.8