Revenue from Contracts with Clients (Tables)

3 Months Ended

Mar. 31, 2024

Revenue from Contract with Customer [Abstract]

The following table presents revenues disaggregated by major revenue source.

TABLE 60: REVENUE DISAGGREGATION


	THREE MONTHS ENDED MARCH 31,
(In Millions)	2024		2023
Noninterest Income
Trust, Investment and Other Servicing Fees
Custody and Fund Administration	$	467.4	$	441.6
Investment Management and Advisory	593.9		540.5
Securities Lending	18.6		19.1
Other	63.0		62.4
Total Trust, Investment and Other Servicing Fees	$	1,142.9	$	1,063.6
Other Noninterest Income
Foreign Exchange Trading Income	$	57.0	$	53.0
Treasury Management Fees	9.3		8.4
Security Commissions and Trading Income	37.9		34.7
Other Operating Income	61.0		46.8
Investment Security Gains (Losses), net	(189.4)		6.9
Total Other Noninterest Income	$	(24.2)	$	149.8
Total Noninterest Income	$	1,118.7	$	1,213.4

Contract Balances

The table below represents receivables balances from contracts with clients, which are included in Other Assets on the consolidated balance sheets, at March 31, 2024 and December 31, 2023.

TABLE 61: CLIENT RECEIVABLES


(In Millions)	MARCH 31, 2024		DECEMBER 31, 2023
Trust Fees Receivable, net(1)	$	949.4	$	863.5
Other	47.7		64.9
Total Client Receivables	$	997.1	$	928.4

(1) Trust Fees Receivable is net of a $14.8 million and $15.9 million fee receivable allowance as of March 31, 2024 and December 31, 2023, respectively.