Goodwill and Other Intangibles (Tables)

3 Months Ended

Mar. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill by Reporting Segment

Changes by reporting segment in the carrying amount of Goodwill for the three months ended March 31, 2025, including the effect of foreign exchange rates on non-U.S. dollar denominated balances, were as follows.

TABLE 51: GOODWILL

(In Millions)	ASSET SERVICING		WEALTH MANAGEMENT		TOTAL
Balance at December 31, 2024	$	614.6	$	80.3	$	694.9
Foreign Exchange Rates	5.6		—		5.6
Balance at March 31, 2025	$	620.2	$	80.3	$	700.5

Other Intangible Assets Subject to Amortization and Capitalized Software

The gross carrying amount and accumulated amortization of other intangible assets subject to amortization as of March 31, 2025 and December 31, 2024 were as follows.

TABLE 52: OTHER INTANGIBLE ASSSETS SUBJECT TO AMORTIZATION

(In Millions)	MARCH 31, 2025		DECEMBER 31, 2024
Gross Carrying Amount	$	125.5	$	127.0
Less: Accumulated Amortization	67.3		68.9
Net Book Value	$	58.2	$	58.1

TABLE 53: CHANGES IN OTHER INTANGIBLE ASSETS

	THREE MONTHS ENDED MARCH 31,
(In Millions)	2025		2024
Balance at Beginning of Period	58.1		71.6
Amortization	(2.1)		(2.3)
Foreign Exchange Rates	2.2		(2.3)
Balance as of March 31	$	58.2	$	67.0

The gross carrying amount and accumulated amortization of capitalized software as of March 31, 2025 and December 31, 2024 were as follows.

TABLE 54: CAPITALIZED SOFTWARE

(In Millions)	MARCH 31, 2025		DECEMBER 31, 2024
Gross Carrying Amount	$	4,561.0	$	4,259.6
Less: Accumulated Amortization	2,243.9		2,104.5
Net Book Value	$	2,317.1	$	2,155.1