Business Units (Tables)

6 Months Ended

Jun. 30, 2014

Earnings Contribution of Northern Trust's Business Units

The following tables show the earnings contributions of Northern Trust’s business units for the three and six month periods ended June 30, 2014 and 2013.

Three Months Ended June 30,	Corporate & Institutional Services						Wealth Management						Treasury and Other						Total Consolidated
($ In Millions)	2014			2013			2014			2013			2014			2013			2014			2013
Noninterest Income
Trust, Investment and Other Servicing Fees	$	395.4		$	364.2		$	311.5		$	293.1		$	—		$	—		$	706.9		$	657.3
Foreign Exchange Trading Income		50.7			69.8			2.2			1.5			—			—			52.9			71.3
Other Noninterest Income		47.1			45.6			23.1			24.3			5.1			1.9			75.3			71.8
Net Interest Income (FTE)*		76.7			66.0			132.6			141.2			44.1			20.8			253.4			228.0
Revenue*		569.9			545.6			469.4			460.1			49.2			22.7			1,088.5			1,028.4
Provision for Credit Losses		2.4			1.2			(2.4	)		3.8			—			—			—			5.0
Noninterest Expense		446.4			396.0			329.4			301.8			35.2			31.9			811.0			729.7
Income (loss) before Income Taxes*		121.1			148.4			142.4			154.5			14.0			(9.2	)		277.5			293.7
Provision (Benefit) for Income Taxes*		36.1			48.3			53.6			58.0			5.9			(3.7	)		95.6			102.6
Net Income	$	85.0		$	100.1		$	88.8		$	96.5		$	8.1		$	(5.5	)	$	181.9		$	191.1
Percentage of Consolidated Net Income		47	%		52	%		49	%		51	%		4	%		-3	%		100	%		100	%
Average Assets	$	59,995.2		$	51,976.0		$	22,210.8		$	22,803.8		$	21,118.1		$	18,069.8		$	103,324.1		$	92,849.6

* Stated on a fully taxable equivalent basis (FTE). Total consolidated includes FTE adjustments of $6.8 million for 2014 and $7.9 million for 2013.

Six Months Ended June 30,	Corporate & Institutional Services						Wealth Management						Treasury and Other						Total Consolidated
($ In Millions)	2014			2013			2014			2013			2014			2013			2014			2013
Noninterest Income
Trust, Investment and Other Servicing Fees	$	774.6		$	712.9		$	611.8		$	575.1		$	—		$	—		$	1,386.4		$	1,288.0
Foreign Exchange Trading Income		98.8			128.0			4.2			2.8			—			—			103.0			130.8
Other Noninterest Income		91.5			85.8			45.8			41.5			3.2			4.6			140.5			131.9
Net Interest Income (FTE)*		150.4			130.1			267.6			289.0			89.8			42.6			507.8			461.7
Revenue*		1,115.3			1,056.8			929.4			908.4			93.0			47.2			2,137.7			2,012.4
Provision for Credit Losses		3.6			(1.5	)		(0.6	)		11.5			—			—			3.0			10.0
Noninterest Expense		869.9			794.7			648.2			603.6			60.9			60.3			1,579.0			1,458.6
Income (loss) before Income Taxes*		241.8			263.6			281.8			293.3			32.1			(13.1	)		555.7			543.8
Provision (Benefit) for Income Taxes*		70.9			84.2			106.2			110.8			15.3			(6.3	)		192.4			188.7
Net Income	$	170.9		$	179.4		$	175.6		$	182.5		$	16.8		$	(6.8	)	$	363.3		$	355.1
Percentage of Consolidated Net Income		47	%		51	%		48	%		51	%		5	%		-2	%		100	%		100	%
Average Assets	$	58,631.4		$	51,648.2		$	22,368.8		$	22,832.4			20,792.1		$	17,732.4		$	101,792.3		$	92,213.0

* Stated on a fully taxable equivalent basis (FTE). Total consolidated includes FTE adjustments of $15.5 million for both 2014 and 2013.