XML 197 R178.htm IDEA: XBRL DOCUMENT v3.24.0.1
Northern Trust Corporation (Corporation only) - Condensed Statement of Cash Flows (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income $ 1,107.3 $ 1,336.0 $ 1,545.3
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities      
Change in Accrued Income Taxes (44.4) 61.3 37.2
Other Operating Activities, net 774.5 (333.7) 183.8
Net Cash Provided by Operating Activities 2,625.6 2,392.4 1,356.0
CASH FLOWS FROM INVESTING ACTIVITIES      
Other Investing Activities, net (1,539.0) (319.3) (163.7)
Net Cash Provided by (Used in) Investing Activities 4,784.1 25,929.8 (18,602.6)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from Senior Notes 0.0 1,988.8 0.0
Repayments of Senior Notes 0.0 (500.0) (500.0)
Repayment of Floating Rate Capital Debt 0.0 0.0 (278.8)
Treasury Stock Purchased (347.5) (35.4) (267.6)
Net Proceeds from Stock Options 2.3 3.9 53.8
Cash Dividends Paid on Common Stock (621.5) (750.2) (583.3)
Cash Dividends Paid on Preferred Stock (41.8) (46.5) (41.8)
Other Financing Activities, net (2.7) 0.0 0.1
Net Cash (Used in) Provided by Financing Activities (7,182.6) (26,437.4) 16,073.5
Change in Cash and Due from Banks 137.3 1,597.4 (1,332.7)
Cash on Deposit with Subsidiary Bank at Beginning of Year 4,654.2    
Cash on Deposit with Subsidiary Bank at End of Year 4,791.5 4,654.2  
Parent Company      
CASH FLOWS FROM OPERATING ACTIVITIES      
Net Income 1,107.3 1,336.0 1,545.3
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities      
Equity in Undistributed Net Income of Subsidiaries (284.3) (1,356.2) (815.8)
Change in Prepaid Expenses 1.7 (3.8) 0.1
Change in Accrued Income Taxes (10.2) 36.6 2.2
Other Operating Activities, net 138.1 (608.2) 236.6
Net Cash Provided by Operating Activities 952.6 (595.6) 968.4
CASH FLOWS FROM INVESTING ACTIVITIES      
Investments in and Advances to Subsidiaries, net 250.0 (1,200.1) (140.0)
Other Investing Activities, net 0.0 (0.1) 5.1
Net Cash Provided by (Used in) Investing Activities 250.0 (1,200.2) (134.9)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from Senior Notes 0.0 1,988.8 0.0
Repayments of Senior Notes 0.0 (500.0) (500.0)
Repayment of Floating Rate Capital Debt 0.0 0.0 (278.8)
Treasury Stock Purchased (347.5) (35.4) (267.6)
Net Proceeds from Stock Options 2.3 3.9 53.8
Cash Dividends Paid on Common Stock (621.5) (750.2) (583.3)
Cash Dividends Paid on Preferred Stock (41.8) (46.5) (41.8)
Other Financing Activities, net 0.0 4.9 (0.1)
Net Cash (Used in) Provided by Financing Activities (1,008.5) 665.5 (1,617.8)
Change in Cash and Due from Banks 194.1 (1,130.3) (784.3)
Cash on Deposit with Subsidiary Bank at Beginning of Year 601.4 1,731.7 2,516.0
Cash on Deposit with Subsidiary Bank at End of Year $ 795.5 $ 601.4 $ 1,731.7