NORTHERN TRUST CORPORATION NTRS Cash Flow

Northern trust corporation (NTRS)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income
360	371	384	389	347	409	374	390	381	356	298	267	276	266	257	263	245	239	234	269	230	244	204	181	181	169	206	191	164	167	178	179	161	130	170	152	151	157	155	199	157	200	187	314	161
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities
Marketable Securities, Gain (Loss)
0	-0	-0	-0	-0	-0	-0	0	-0	-0	-0	-0	-0	-1	0	-2	0	0	0	-0	0	-1	0	0	-4	0	-2	0	0	0	0	0	-2	0	-2	-16	-5	-7	-13	-0	0	-2	-4	-17	0
Amortization and Accretion of Securities and Unearned Income, net
-22	-12	-14	-17	-20	-16	-21	-23	-35	-16	-35	-34	-18	-35	-28	-24	-12	-10	-15	-16	-10	-4	-12	-14	-3	-18	-6	-18	-1	-26	2	15	19	15	-0	10	9	14	13	13	13	12	20	10	6
Provision for Credit Losses
61	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for Credit Losses
45	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for Credit Losses
-	-	-	-	-	-4	-9	1	-3	-13	-7	-7	-1	-22	-3	-3	2	-18	-10	-10	-4	3	0	0	3	5	5	5	5	5	10	5	5	12	17	10	15	40	30	50	40	40	60	60	55
Depreciation on Buildings and Equipment
28	26	26	24	24	26	26	27	27	27	26	23	23	22	22	22	22	23	20	23	23	22	21	23	23	22	23	24	22	22	21	22	22	21	21	24	22	23	26	21	22	25	24	24	21
Amortization of Computer Software
91	86	84	83	84	83	82	85	83	78	75	79	75	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38	-	34	34	32	226	-34	-30	-29
Amortization of Intangibles
4	4	4	4	4	4	4	4	4	4	2	2	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	-	3	3	4	4	4	4	3
Excess Tax Benefits from Stock Incentive Plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	2
Pension Plan Contributions
10	3	0	0	3	2	0	0	71	3	0	0	11	3	0	0	9	4	0	0	16	4	0	0	13	4	0	0	16	100	0	0	12	100	0	0	10	48	0	0	20	-	-	-	-
Visa Indemnification Benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-13	0	0	-10	-20	0	43	-56	-	-	-	-
Change in Receivables
122	-278	-141	365	105	-44	33	127	79	-15	63	65	5	48	39	-53	95	2	-14	78	-50	21	98	-395	254	178	122	-126	32	6	13	4	17	284	-10	-129	34	-25	167	-51	-0	-1	5	51	-120
Change in Interest Payable
-5	-14	-3	-1	-3	2	13	7	5	-5	8	2	5	-0	1	-3	2	-2	2	-2	-6	-1	7	-10	-0	3	-2	6	-18	-11	2	12	-13	3	12	1	-11	13	-1	14	-18	8	-12	21	-31
Change in Collateral With Derivative Counterparties, net
3,570	-1,114	317	-64	-292	437	-679	321	619	48	-57	95	-572	-149	-737	867	200	-967	1,318	-862	-289	522	364	-22	-505	361	-1,929	1,870	-52	42	-122	381	-173	-1,376	1,294	-143	53	706	-250	-397	320	-	-	-	-
Net Increase in Trading Account Securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-0	2
Other Operating Activities, net
-456	203	-249	126	368	-435	-294	-242	242	-461	-122	713	172	-669	-104	-222	343	-12	64	113	151	144	108	-312	-26	-77	-169	151	-81	187	116	86	-407	-232	-315	18	32	-184	179	69	-206	66	-87	316	-97
Net Cash (Used in) Provided by Operating Activities
-2,685	1,636	577	84	293	459	1,453	332	-477	850	557	-472	784	838	1,178	-211	-295	1,350	-1,043	1,036	490	-337	-266	1,001	538	-121	2,242	-1,594	312	23	251	-218	757	1,391	-700	490	72	-129	152	732	34	322	349	-103	446
CASH FLOWS FROM INVESTING ACTIVITIES
Net Change in Federal Funds Sold and Securities Purchased under Agreements to Resell
-362	-130	106	-111	620	317	-98	98	-211	342	442	-159	52	72	-195	-106	-143	-356	-235	93	-51	-52	-430	-69	19	-245	-3	-29	-190	307	-345	268	-169	100	-175	43	70	268	-166	-111	99	-196	1,021	-623	-282
Change in Interest-Bearing Deposits with Banks
-757	-812	121	-323	400	-1,575	1,345	643	660	67	-651	443	-327	769	1,192	-778	721	1,684	1,601	-1,758	-1,242	-2,300	919	249	2,329	-1,932	981	60	108	544	-905	428	-2,174	2,247	-2,330	277	-1,540	749	-2,824	2,662	-3,034	1,250	1,899	2,280	-1,613
Net Change in Federal Reserve and Other Central Bank Deposits
11,204	10,715	-4,539	4,246	-6,738	-2,445	-439	4,738	-11,533	6,276	4,667	2,572	-767	4,913	-688	1,885	-1,987	-3,798	5,094	6,727	-8,582	-6,018	7,989	1,127	-700	4,458	1,687	937	-1,791	1,389	-2,203	6,205	-11,220	6,950	-8,675	81	4,155	4,584	-3,447	2,894	-8,080	5,048	6,940	-5	-6,414
Purchases of Debt Securities – Held to Maturity
7,076	4,292	3,540	2,596	3,724	5,556	5,265	5,129	5,511	4,608	2,622	2,440	2,284	2,815	3,180	1,288	1,287	858	2,503	2,611	2,101	1,541	1,838	1,291	2,467	646	1,397	1,489	2,182	2,587	22	1,134	53	46	13	39	48	66	102	55	224	56	48	84	31
Proceeds from Maturity and Redemption of Debt Securities – Held to Maturity
6,287	3,842	2,175	4,324	5,948	5,702	5,089	4,566	4,678	2,744	2,322	2,406	2,450	2,034	756	508	726	1,340	3,473	1,536	278	1,402	1,659	1,248	597	1,338	1,259	1,622	1,633	1,252	768	56	143	77	40	88	67	51	105	55	215	68	42	53	54
Purchases of Debt Securities – Available for Sale
2,857	4,166	4,282	2,527	1,834	3,468	3,399	3,003	2,725	2,842	2,549	1,754	2,633	3,660	4,526	3,269	3,285	3,856	2,126	2,514	2,992	3,698	2,526	2,503	3,939	2,834	1,604	1,452	2,276	2,661	4,181	3,597	9,107	8,414	11,339	6,951	6,597	3,267	3,802	3,526	4,100	1,813	4,500	3,272	4,466
Proceeds from Sale, Maturity and Redemption of Debt Securities – Available for Sale
2,430	4,147	3,137	2,058	1,714	2,798	2,124	1,991	2,044	2,495	1,787	2,584	3,235	3,769	3,115	2,015	2,416	2,472	2,866	1,550	1,686	2,221	4,069	2,381	2,803	2,097	1,597	1,032	3,728	2,027	3,559	7,148	8,448	6,598	6,999	4,896	4,588	2,658	2,852	1,582	4,338	1,230	4,707	3,728	2,260
Change in Loans and Leases
6,432	549	-123	361	-1,875	1,144	-1,109	389	-491	-740	-178	-378	-153	231	-1,134	422	950	-183	436	324	1,004	936	33	1,044	274	369	258	-9	-637	-30	-48	451	97	383	143	693	-201	313	-497	468	195	-325	-797	-1,360	-349
Purchases of Buildings and Equipment
37	108	22	18	9	58	15	17	6	27	23	25	14	53	26	20	12	43	12	17	25	30	18	18	13	48	12	19	11	45	11	7	9	41	30	16	8	31	28	10	19	26	19	37	50
Purchases and Development of Computer Software
94	137	95	126	81	119	114	94	79	93	108	99	79	111	96	88	65	106	80	80	68	92	75	84	74	89	73	70	60	89	51	50	47	54	147	3	69	67	47	44	61	44	41	39	55
Change in Client Security Settlement Receivables
1,241	-1,286	796	-750	419	106	-483	1,484	-1,058	372	-442	142	519	-931	-229	317	-261	240	-108	-187	660	42	-52	-251	485	-273	144	671	-1,232	970	353	-260	207	-169	-629	273	602	-3	-157	-108	175	7	-375	460	-7
Other Investing Activities, net
153	267	-211	97	-378	222	-34	-89	774	37	218	-56	-226	729	-586	-75	-293	394	414	-191	-404	116	-229	254	16	-761	898	-217	-29	123	-15	10	43	-223	-150	301	-89	-528	567	21	-582	381	100	-1,496	1,163
Net Cash (Used in) Provided by Investing Activities
-21,500	-12,403	1,667	-4,276	11,607	-1,021	1,730	-7,538	11,156	-8,055	-5,667	-1,324	1,026	-4,939	-322	-5,592	662	3,623	-2,854	-10,474	2,805	831	-5,981	-2,262	-822	-6,193	-2,201	-1,727	4,438	-3,705	724	-3,294	7,903	-6,472	2,215	-3,126	-8,005	-4,072	-477	-2,724	5,506	-4,699	-2,808	4,406	1,422
CASH FLOWS FROM FINANCING ACTIVITIES
Change in Deposits
23,956	10,619	-2,051	4,534	-8,838	133	-1,298	2,842	-7,841	6,441	768	2,985	-1,671	3,588	553	2,207	388	-2,834	448	13,309	-2,817	-68	4,088	2,385	2,082	5,784	749	2,182	-5,778	4,476	-64	3,063	-8,744	4,163	1,013	6,425	6,879	5,749	493	516	-846	2,957	1,743	236	-9,061
Change in Federal Funds Purchased
-3,817	-4,435	167	283	1,942	586	658	-2,889	1,953	4,018	-1,983	210	-164	173	-72	-42	88	-8	7	59	522	-146	182	45	-48	88	1,229	-962	-540	-206	1,468	-68	-1,158	-77	365	3,260	-672	1,113	-364	-701	2,910	53	-1,674	2,706	-5,952
Change in Securities Sold under Agreements to Repurchase
-455	224	140	84	-128	121	-934	171	-23	310	60	30	-40	171	-263	58	-39	62	454	-583	-271	18	-52	183	-180	448	-308	287	-209	317	149	-51	-914	859	-1,139	680	-156	249	72	-40	-364	320	17	-321	-507
Change in Short-Term Other Borrowings
-778	-1,065	26	13	-158	171	86	605	997	1	2,026	-29	-1,030	1,115	-2,038	2,023	-27	-33	800	481	1,064	-197	1,678	-640	-1,004	-123	-75	401	1,057	-68	-520	37	115	108	-1,453	1,097	878	-69	-42	-1	-459	584	-382	-1,035	1,460
Redemption of Preferred Stock - Series C
400	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Senior Notes and Long-Term Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	-	-	-	-	-	-	-	-
Proceeds from Term Federal Funds Purchased
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	500	4,659	2,800	1,837	5,423	5,589	6,196	6,011	4,567	4,473	2,881
Repayments of Term Federal Funds Purchased
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	500	5,360	2,119	3,636	5,182	4,627	6,772	5,431	4,625	4,285	2,875
Repayments of Senior Notes and Long-Term Debt
-	-	-	-	-	-	-	-	1	-	1	1	3	2	1	1	1	1	1	-1	230	1	36	601	1	1	401	201	201	201	245	125	350	0	562	109	208	0	635	25	256	50	232	6	132
Treasury Stock Purchased
296	264	307	271	257	234	235	190	263	170	124	157	70	65	65	140	140	152	140	96	107	165	77	74	163	122	97	15	74	62	49	35	14	1	1	40	36	-0	2	0	3	2	0	3	4
Net Proceeds from Stock Options
8	24	10	3	5	2	8	2	19	24	12	33	37	171	35	21	5	5	12	43	32	5	52	15	54	12	26	57	51	28	26	21	30	16	16	16	26	13	44	9	4	4	3	16	14
Excess Tax Benefits from Stock Incentive Plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	2
Cash Dividends Paid on Common Stock
147	148	129	131	120	121	94	94	95	95	87	87	86	86	81	82	82	83	83	77	77	77	75	74	75	74	74	70	1	144	73	68	67	68	68	68	68	68	69	67	67	67	67	62	62
Cash Dividends Paid on Preferred Stock
5	17	5	17	5	17	5	17	5	17	5	20	5	5	5	5	5	5	5	5	9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	26	19
Other Financing Activities, net
8	-	-	-	0	-	-	-	-	-	-	-	-	1	0	0	-8	0	-138	-592	747	-76	-507	335	27	229	-577	626	-52	-	-	-	-	-	-	-	-0	0	-355	242	114	-287	151	9	-13
Net Cash Provided by (Used in) Financing Activities
25,708	10,114	-2,483	4,431	-11,446	77	-2,939	6,210	-9,167	6,436	4,632	2,891	-2,707	4,715	-1,301	4,123	-0	-3,035	1,339	12,421	-2,191	-417	5,276	1,426	788	6,814	-1,989	4,231	-4,667	3,978	-1,173	2,909	-8,787	5,155	-2,061	4,025	8,684	3,461	152	2,896	-5,365	3,980	2,762	-3,954	-2,366
Effect of Foreign Currency Exchange Rates on Cash
-148	73	-71	34	37	-7	-59	-197	52	24	46	-49	213	-175	25	5	203	34	-112	87	-81	29	-54	103	9	-27	7	-51	-63	59	0	-82	91	-95	-216	117	23	68	137	-32	-15	2	51	78	-46
Change in Cash and Due from Banks
1,374	-578	-310	274	492	-491	185	-1,193	1,563	-744	-431	1,045	-682	439	-419	-1,676	569	1,973	-2,671	3,071	1,024	105	-1,026	268	513	471	-1,940	857	20	356	-197	-686	-35	-21	-762	1,506	774	-671	-34	872	159	-394	354	427	-544
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Interest Paid
126	169	206	225	244	228	178	147	116	113	91	73	50	47	44	47	41	41	34	40	44	40	38	58	50	46	57	48	79	79	74	55	98	79	77	112	124	98	98	71	102	81	107	82	148
Income Taxes Paid
72	76	127	205	27	141	151	171	29	92	36	268	43	157	183	198	215	-136	302	183	40	119	85	59	15	78	92	77	14	24	98	61	4	29	45	66	11	36	103	91	-58	108	111	82	106
Transfers from Loans to OREO
0	0	0	2	0	0	8	1	1	1	1	3	2	2	1	5	4	2	1	4	4	11	1	6	1	8	1	10	4	12	9	15	11	11	21	11	24	27	0	4	20	-	-	-	-