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Northern Trust Corporation (Corporation only) - Condensed Statement of Income (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
OPERATING INCOME      
Total Operating Income $ 8,290.4 $ 6,773.5 $ 6,761.2
OPERATING EXPENSES      
Interest Expense 7,585.2 5,343.0 990.5
Other Operating Expenses 455.2 472.9 359.3
Total Noninterest Expense 5,633.9 5,284.2 4,982.9
Benefit (Expense) for Income Taxes (628.4) (357.5) (430.3)
NET INCOME 2,031.1 1,107.3 1,336.0
Preferred Stock Dividends 41.8 41.8 41.8
Net Income Applicable to Common Stock 1,989.3 1,065.5 1,294.2
Parent Company      
OPERATING INCOME      
Intercompany Interest and Other Charges 291.1 260.2 112.8
Interest and Other Income 75.3 12.2 (5.7)
Total Operating Income 3,487.0 1,122.4 107.1
OPERATING EXPENSES      
Interest Expense 302.8 279.5 132.3
Other Operating Expenses 47.5 32.3 11.9
Total Noninterest Expense 350.3 311.8 144.2
Income (Loss) before Income Taxes and Equity in Undistributed Net Income of Subsidiaries 3,136.7 810.6 (37.1)
Benefit (Expense) for Income Taxes (4.1) 12.4 16.9
Income (Loss) before Equity in Undistributed Net Income of Subsidiaries 3,132.6 823.0 (20.2)
Equity in Undistributed Net Income of Subsidiaries (1,101.5) 284.3 1,356.2
NET INCOME 2,031.1 1,107.3 1,336.0
Preferred Stock Dividends 41.8 41.8 41.8
Net Income Applicable to Common Stock 1,989.3 1,065.5 1,294.2
Banks Industry | Parent Company      
OPERATING INCOME      
Dividends from Subsidiaries 3,100.6 850.0 0.0
OPERATING EXPENSES      
Equity in Undistributed Net Income of Subsidiaries (1,104.6) 269.4 1,338.5
Nonbank Subsidiaries | Parent Company      
OPERATING INCOME      
Dividends from Subsidiaries 20.0 0.0 0.0
OPERATING EXPENSES      
Equity in Undistributed Net Income of Subsidiaries $ 3.1 $ 14.9 $ 17.7