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Reporting Segments and Related Information - Earnings Contribution of Northern Trust's Reporting Segments (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Noninterest Income      
Trust, Investment and Other Servicing Fees $ 4,361.8 $ 4,432.6 $ 4,361.1
Foreign Exchange Trading Income 203.9 288.6 292.6
Other Noninterest Income 225.8 152.8 428.1
Total Noninterest Income 4,791.5 4,874.0 5,081.8
Net Interest Income 1,982.0 1,887.2 1,382.7
Revenue 6,773.5 6,761.2 6,464.5
Provision for Credit Losses 24.5 12.0 (81.5)
Noninterest Expense 5,284.2 4,982.9 4,535.9
Income (Loss) before Income Taxes 1,464.8 1,766.3 2,010.1
Provision (Benefit) for Income Taxes 357.5 430.3 464.8
NET INCOME 1,107.3 1,336.0 1,545.3
Corporate, Non-Segment      
Noninterest Income      
Total Noninterest Income (188.4) (235.6) (21.3)
Net Interest Income 0.0 0.0 0.0
Revenue (188.4) (235.6) (21.3)
Noninterest Expense 128.7 74.7 21.8
Income (Loss) before Income Taxes (317.1) (310.3) (43.1)
Provision (Benefit) for Income Taxes (18.0) (77.3) (10.7)
NET INCOME $ (299.1) $ (233.0) $ (32.4)
Percentage of Consolidated Net Income (27.00%) (17.00%) (2.00%)
Average Assets $ 0.0 $ 0.0 $ 0.0
Segment Reconciling Items      
Noninterest Income      
Average Assets 142,649.2 152,551.9 156,363.2
Corporate and Institutional Services Results of Operations | Operating Segments      
Noninterest Income      
Trust, Investment and Other Servicing Fees 2,461.9 2,496.3 2,487.3
Foreign Exchange Trading Income 213.0 281.0 279.0
Other Noninterest Income 263.4 250.7 261.2
Total Noninterest Income 2,938.3 3,028.0 3,027.5
Net Interest Income 1,197.3 1,072.7 637.2
Revenue 4,135.6 4,100.7 3,664.7
Provision for Credit Losses 0.5 2.4 (33.8)
Noninterest Expense 3,273.2 3,092.7 2,863.0
Income (Loss) before Income Taxes 861.9 1,005.6 835.5
Provision (Benefit) for Income Taxes 187.1 243.2 194.1
NET INCOME $ 674.8 $ 762.4 $ 641.4
Percentage of Consolidated Net Income 61.00% 57.00% 41.00%
Average Assets $ 101,472.6 $ 115,646.4 $ 120,883.2
Wealth Management | Operating Segments      
Noninterest Income      
Trust, Investment and Other Servicing Fees 1,899.9 1,936.3 1,873.8
Foreign Exchange Trading Income (9.1) 7.6 13.6
Other Noninterest Income 150.8 137.7 188.2
Total Noninterest Income 2,041.6 2,081.6 2,075.6
Net Interest Income 842.2 860.1 781.1
Revenue 2,883.8 2,941.7 2,856.7
Provision for Credit Losses 24.0 9.6 (47.7)
Noninterest Expense 1,882.3 1,815.5 1,651.1
Income (Loss) before Income Taxes 977.5 1,116.6 1,253.3
Provision (Benefit) for Income Taxes 245.9 310.0 317.0
NET INCOME $ 731.6 $ 806.6 $ 936.3
Percentage of Consolidated Net Income 66.00% 60.00% 61.00%
Average Assets $ 41,176.6 $ 36,905.5 $ 35,480.0