XML 199 R182.htm IDEA: XBRL DOCUMENT v3.22.0.1
Northern Trust Corporation (Corporation only) - Condensed Statement of Cash Flows (Detail) - USD ($)
$ in Millions
12 Months Ended
Oct. 15, 2021
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES        
Net Income   $ 1,545.3 $ 1,209.3 $ 1,492.2
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities        
Change in Accrued Income Taxes   37.2 25.4 (70.7)
Other Operating Activities, net   183.8 (16.4) (448.2)
Net Cash Provided by Operating Activities   1,356.0 1,896.8 2,592.0
CASH FLOWS FROM INVESTING ACTIVITIES        
Proceeds from Sale, Maturity and Redemption of Available for Sale Debt Securities   10,079.0 8,748.2 11,057.2
Acquisition of a Business, Net of Cash Received   0.0 0.0 (10.5)
Other Investing Activities, net   (163.7) (322.7) 225.1
Net Cash Used in Investing Activities   (18,602.6) (29,923.0) (3,405.0)
CASH FLOWS FROM FINANCING ACTIVITIES        
Proceeds from Senior Notes   0.0 993.2 498.0
Repayments of Senior Notes   (500.0) (508.6) 0.0
Repayment of Floating Rate Capital Debt $ (278.8) (278.8) 0.0 0.0
Redemption of Preferred Stock - Series C   0.0 (400.0) 0.0
Proceeds from Issuance of Preferred Stock - Series E   0.0 0.0 392.5
Treasury Stock Purchased   (267.6) (299.8) (1,100.2)
Net Proceeds from Stock Options   53.8 19.5 44.0
Cash Dividends Paid on Common Stock   (583.3) (584.6) (529.7)
Cash Dividends Paid on Preferred Stock   (41.8) (45.9) (46.4)
Other Financing Activities, net   0.1 1.2 (1.0)
Net Cash Provided by Financing Activities   16,073.5 27,871.9 615.9
Cash on Deposit with Subsidiary Bank at Beginning of Year   4,389.5    
Cash on Deposit with Subsidiary Bank at End of Year   3,056.8 4,389.5  
Parent Company        
CASH FLOWS FROM OPERATING ACTIVITIES        
Net Income   1,545.3 1,209.3 1,492.2
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities        
Equity in Undistributed Net Income of Subsidiaries   (815.8) (345.9) 541.7
Change in Prepaid Expenses   0.1 398.5 (400.4)
Change in Accrued Income Taxes   2.2 3.7 114.1
Other Operating Activities, net   236.6 300.3 141.9
Net Cash Provided by Operating Activities   968.4 1,565.9 1,889.5
CASH FLOWS FROM INVESTING ACTIVITIES        
Proceeds from Sale, Maturity and Redemption of Available for Sale Debt Securities   0.0 0.0 0.0
Investments in and Advances to Subsidiaries, net   (140.0) (800.0) 540.0
Acquisition of a Business, Net of Cash Received   0.0 0.0 0.0
Other Investing Activities, net   5.1 1.8 3.7
Net Cash Used in Investing Activities   (134.9) (798.2) 543.7
CASH FLOWS FROM FINANCING ACTIVITIES        
Proceeds from Senior Notes   0.0 993.2 498.0
Repayments of Senior Notes   (500.0) (508.6) 0.0
Repayment of Floating Rate Capital Debt   (278.8) 0.0 0.0
Redemption of Preferred Stock - Series C   0.0 (400.0) 0.0
Proceeds from Issuance of Preferred Stock - Series E   0.0 0.0 392.5
Treasury Stock Purchased   (267.6) (299.8) (1,100.2)
Net Proceeds from Stock Options   53.8 19.5 44.0
Cash Dividends Paid on Common Stock   (583.3) (584.6) (529.7)
Cash Dividends Paid on Preferred Stock   (41.8) (45.9) (46.4)
Other Financing Activities, net   (0.1) 15.4 0.9
Net Cash Provided by Financing Activities   (1,617.8) (810.8) (740.9)
Net Change in Cash on Deposit with Subsidiary Bank   (784.3) (43.1) 1,692.3
Cash on Deposit with Subsidiary Bank at Beginning of Year   2,516.0 2,559.1 866.8
Cash on Deposit with Subsidiary Bank at End of Year   $ 1,731.7 $ 2,516.0 $ 2,559.1