Business Units (Tables)

9 Months Ended

Sep. 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 nine month periods ended September 30, 2014, and 2013.

Three Months Ended September 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	$	399.9		$	359.8		$	318.3		$	288.2		$	—		$	—		$	718.2		$	648.0
Foreign Exchange Trading Income		44.4			61.8			2.0			1.0			—			—			46.4			62.8
Other Noninterest Income		42.8			44.3			20.9			54.3			1.3			0.8			65.0			99.4
Net Interest Income*		78.4			70.1			131.2			136.3			46.6			38.4			256.2			244.8
Revenue*		565.5			536.0			472.4			479.8			47.9			39.2			1,085.8			1,055.0
Provision for Credit Losses		0.9			0.4			(0.9	)		4.6			—			—			—			5.0
Noninterest Expense		429.6			412.0			312.1			297.3			33.0			31.4			774.7			740.7
Income before Income Taxes*		135.0			123.6			161.2			177.9			14.9			7.8			311.1			309.3
Provision (Benefit) for Income Taxes*		42.4			38.8			60.7			67.0			3.5			(3.0	)		106.6			102.8
Net Income	$	92.6		$	84.8		$	100.5		$	110.9		$	11.4		$	10.8		$	204.5		$	206.5
Percentage of Consolidated Net Income		45	%		41	%		49	%		54	%		6	%		5	%		100	%		100	%
Average Assets	$	59,907.1		$	53,653.5		$	26,061.8		$	22,923.6		$	19,275.8		$	18,635.4		$	105,244.7		$	95,212.5

* Stated on a fully taxable equivalent basis (FTE). Total consolidated includes FTE adjustments of $6.9 million for 2014 and $7.8 million for 2013.

Nine Months Ended September 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	$	1,174.5		$	1,072.7		$	930.1		$	863.3		$	—		$	—		$	2,104.6		$	1,936.0
Foreign Exchange Trading Income		143.2			189.8			6.2			3.8			—			—			149.4			193.6
Other Noninterest Income		134.3			130.1			66.7			95.8			4.5			5.4			205.5			231.3
Net Interest Income*		228.8			200.2			398.8			425.3			136.4			81.0			764.0			706.5
Revenue*		1,680.8			1,592.8			1,401.8			1,388.2			140.9			86.4			3,223.5			3,067.4
Provision for Credit Losses		4.5			(1.1	)		(1.5	)		16.1			—			—			3.0			15.0
Noninterest Expense		1,299.5			1,206.7			960.3			900.9			93.9			91.7			2,353.7			2,199.3
Income (loss) before Income Taxes*		376.8			387.2			443.0			471.2			47.0			(5.3	)		866.8			853.1
Provision (Benefit) for Income Taxes*		113.3			123.0			166.9			177.8			18.8			(9.3	)		299.0			291.5
Net Income	$	263.5		$	264.2		$	276.1		$	293.4		$	28.2		$	4.0		$	567.8		$	561.6
Percentage of Consolidated Net Income		46	%		47	%		49	%		52	%		5	%		1	%		100	%		100	%
Average Assets	$	59,061.3		$	52,323.8		$	23,613.4		$	22,863.1		$	20,281.1		$	18,036.6		$	102,955.8		$	93,223.5