Revenue from Contracts with Clients Revenue from Contracts with Clients (Tables)

12 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

Revenue Disaggregation

The following table presents revenues disaggregated by major revenue source.

TABLE 93: REVENUE DISAGGREGATION

	FOR THE YEAR ENDED DECEMBER 31,
(In Millions)	2023		2022		2021
Noninterest Income
Trust, Investment and Other Servicing Fees
Custody and Fund Administration	$	1,805.3	$	1,816.0	$	1,917.5
Investment Management and Advisory	2,232.3		2,299.1		2,140.0
Securities Lending	83.9		81.6		76.9
Other	240.3		235.9		226.7
Total Trust, Investment and Other Servicing Fees	$	4,361.8	$	4,432.6	$	4,361.1
Other Noninterest Income
Foreign Exchange Trading Income	$	203.9	$	288.6	$	292.6
Treasury Management Fees	31.6		39.3		44.3
Security Commissions and Trading Income	135.0		136.2		140.2
Other Operating Income	228.7		191.3		243.9
Investment Security Gains (Losses), net	(169.5)		(214.0)		(0.3)
Total Other Noninterest Income	$	429.7	$	441.4	$	720.7
Total Noninterest Income	$	4,791.5	$	4,874.0	$	5,081.8

Client Receivables

The following table represents receivables balances from contracts with clients, which are included in Other Assets on the consolidated balance sheets, at December 31, 2023 and 2022.

TABLE 94: CLIENT RECEIVABLES

	DECEMBER 31,
(In Millions)	2023		2022
Trust Fees Receivable, net(1)	$	863.5	$	882.5
Other	64.9		55.4
Total Client Receivables	$	928.4	$	937.9

(1)Trust Fees Receivable is net of a $15.9 million and $13.5 million fee receivable allowance as of December 31, 2023 and 2022, respectively.