Share-Based Compensation Plans

9 Months Ended

Sep. 30, 2012

15. Share-Based Compensation Plans – The Amended and Restated Northern Trust Corporation 2012 Stock Plan provides for the grant of nonqualified stock options, incentive stock options, stock appreciation rights, stock awards, stock units, and performance shares.

Total compensation expense for share-based payment arrangements and the associated tax impacts were as follows for the the three and nine months ended September 30, 2012 and 2011.


	Three Months Ended September 30,				Nine Months Ended September 30,
(In Millions)	2012		2011		2012		2011
Stock Options	$	5.7	$	6.3	$	22.3	$	27.8
Stock and Stock Unit Awards		10.2		9.4		33.9		26.6
Performance Stock Units		0.7		—		1.8		—

Total Share-Based Compensation Expense		16.6		15.7		58.0		54.4

Tax Benefits Recognized	$	6.2	$	5.8	$	21.8	$	20.2

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

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-Publisher AICPA

-Name Statement of Position (SOP)

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-Name Accounting Standards Codification

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+ Details