Expenses

3 Months Ended

Mar. 31, 2023

Other Expenses [Abstract]

Expenses

Expenses

The following table presents the components of other expenses for the periods indicated:

	Three Months Ended March 31,
(In millions)	2023		2022
Professional services	$	106	$	97
Regulatory fees and assessments	26		20
Sales advertising and public relations	23		19
Bank operations	11		4
Securities processing	10		8
Donations	7		6
Other	87		89
Total other expenses	$	270	$	243

Acquisition and Restructuring Costs

Acquisition and restructuring costs were nil in the first quarter of 2023 compared to $9 million in the first quarter of 2023 related to the BBH Investor Services acquisition transaction that we are no longer pursuing.

Repositioning Charges

The following table presents aggregate activity for repositioning charges for the periods indicated:

(In millions)	Employee Related Costs		Real Estate Actions		Total
Accrual Balance at December 31, 2021	$	68	$	6	$	74
Payments and Other Adjustments	(17)		(1)		(18)
Accrual Balance at March 31, 2022	$	51	$	5	$	56
Accrual Balance at December 31, 2022	$	83	$	5	$	88
Payments and other adjustments	(14)		(1)		(15)
Accrual Balance at March 31, 2023	$	69	$	4	$	73