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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Noninterest Income      
Trust, Investment and Other Servicing Fees $ 3,995.0 $ 3,852.1 $ 3,753.7
Foreign Exchange Trading Income 290.4 250.9 307.2
Treasury Management Fees 45.4 44.5 51.8
Security Commissions and Trading Income 133.2 103.6 98.3
Other Operating Income 194.0 145.5 127.5
Investment Security Gains (Losses), net (0.4) (1.4) (1.0)
Total Noninterest Income 4,657.6 4,395.2 4,337.5
Net Interest Income      
Interest Income 1,643.5 2,499.9 2,321.4
Interest Expense 200.3 822.0 698.7
Net Interest Income 1,443.2 1,677.9 1,622.7
Provision for Credit Losses 125.0 (14.5) (14.5)
Net Interest Income after Provision for Credit Losses 1,318.2 1,692.4 1,637.2
Noninterest Expense      
Compensation 1,947.1 1,859.0 1,806.9
Employee Benefits 387.7 355.2 356.7
Outside Services 763.1 774.5 739.4
Equipment and Software 673.5 612.1 582.2
Occupancy 230.1 212.9 201.1
Other Operating Expense 346.7 329.8 330.6
Total Noninterest Expense 4,348.2 4,143.5 4,016.9
Income before Income Taxes 1,627.6 1,944.1 1,957.8
Provision 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
PER COMMON SHARE      
Net Income - Basic (in dollars per share) $ 5.48 $ 6.66 $ 6.68
Net Income - Diluted (in dollars per share) $ 5.46 $ 6.63 $ 6.64
Average Number of Common Shares Outstanding - Basic (in shares) 208,319,412 214,525,547 223,148,335
Average Number of Common Shares Outstanding - Diluted (in shares) 209,007,986 215,601,149 224,488,326
Note: Changes in Other-Than-Temporary-Impairment (OTTI) Losses prior to the adoption of ASU 2016-13 $ 0.0 $ (0.3) $ (0.5)
Other Security Gains (Losses), net (0.4) (1.1) (0.5)
Investment Security Gains (Losses), net $ (0.4) $ (1.4) $ (1.0)