Expenses

6 Months Ended

Jun. 30, 2023

Other Expenses [Abstract]

Expenses

Expenses

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

	Three Months Ended June 30,				Six Months Ended June 30,
(In millions)	2023		2022		2023		2022
Professional services	$	110	$	84	$	216	$	181
Sales advertising and public relations	30		22		53		41
Regulatory fees and assessments	18		20		44		40
Securities processing	15		12		25		20
Bank operations	13		9		24		13
Donations	7		7		14		13
Other	93		108		180		197
Total other expenses	$	286	$	262	$	556	$	505

Acquisition and Restructuring Costs

We had no acquisition and restructuring costs in both the three and six months ended June 30, 2023, compared to $12 million and $21 million in the same periods of 2022, respectively, 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
Payments and Other Adjustments	(11)		—		(11)
Accrual Balance at June 30, 2022	$	40	$	5	$	45
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
Payments and Other Adjustments	(16)		(1)		(17)
Accrual Balance at June 30, 2023	$	53	$	3	$	56