Aon plc(NYSE:AON) 
Aon plc, a professional services firm, provides advice and solutions to clients focused on risk, retirement, and health worldwide. It offers commercial risk solutions, including retail brokerage, cyber, and global risk consulting solutions, as well as acts as a captive insurance solutions provider; ...
Website: http://www.aon.com
Founded: 1982
Full Time Employees: 50,000
Sector: Financial Services
Industry: Insurance Brokers
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-03-31 | 2012-06-30 | 2012-03-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-09-30 | 2008-06-30 |
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revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total revenue | 5,034,000,000 | 4,300,000,000 | 3,997,000,000 | 4,155,000,000 | 4,729,000,000 | 4,147,000,000 | 3,721,000,000 | 3,760,000,000 | 4,070,000,000 | 2,953,000,000 | 3,177,000,000 | 3,871,000,000 | 3,130,000,000 | 2,696,000,000 | 2,983,000,000 | 3,670,000,000 | 3,080,000,000 | 2,702,000,000 | 2,886,000,000 | 3,525,000,000 | 2,965,000,000 | 2,385,000,000 | 2,497,000,000 | 3,219,000,000 | 2,885,000,000 | 2,379,000,000 | 2,606,000,000 | 3,143,000,000 | 2,770,000,000 | 2,349,000,000 | 2,561,000,000 | 3,090,000,000 | 2,340,000,000 | 2,368,000,000 | 2,381,000,000 | 3,323,000,000 | 2,746,000,000 | 2,766,000,000 | 2,792,000,000 | 3,288,000,000 | 2,742,000,000 | 2,805,000,000 | 2,847,000,000 | 2,880,000,000 | 2,919,000,000 | 2,947,000,000 | 2,915,000,000 | 2,821,000,000 | 2,841,000,000 | 2,723,000,000 | 2,811,000,000 | 2,759,000,000 | 1,801,000,000 | 1,898,000,000 | 1,904,000,000 | 1,808,000,000 | 1,885,000,000 | 1,854,000,000 | 1,847,000,000 | 1,980,000,000 |
yoy | 6.45% | 3.69% | 7.42% | 10.51% | 16.19% | 40.43% | 17.12% | -2.87% | 30.03% | 9.53% | 6.50% | 5.48% | 1.62% | -0.22% | 3.36% | 4.11% | 3.88% | 13.29% | 15.58% | 9.51% | 2.77% | 0.25% | -4.18% | 2.42% | 4.15% | 1.28% | 1.76% | 1.72% | 18.38% | -0.80% | 7.56% | -7.01% | -14.79% | -14.39% | -14.72% | 1.06% | 0.15% | -1.39% | -1.93% | 14.17% | -6.06% | -4.82% | -2.33% | 2.09% | 2.75% | 8.23% | 3.70% | 2.25% | 57.75% | 43.47% | 47.64% | 52.60% | -4.46% | 2.37% | 3.09% | -8.69% | ||||
qoq | 17.07% | 7.58% | -3.80% | -12.14% | 14.03% | 11.45% | -1.04% | -7.62% | 37.83% | -7.05% | -17.93% | 23.67% | 16.10% | -9.62% | -18.72% | 19.16% | 13.99% | -6.38% | -18.13% | 18.89% | 24.32% | -4.49% | -22.43% | 11.58% | 21.27% | -8.71% | -17.09% | 13.47% | 17.92% | -8.28% | -17.12% | 32.05% | -1.18% | -0.55% | -28.35% | 21.01% | -0.72% | -0.93% | -15.09% | 19.91% | -2.25% | -1.48% | -1.15% | -1.34% | -0.95% | 1.10% | 3.33% | -0.70% | 4.33% | -3.13% | 1.88% | 53.19% | -5.11% | -0.32% | 5.31% | -4.08% | 1.67% | 0.38% | -6.72% | |
expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
compensation and benefits | 2,393,000,000 | 2,117,000,000 | 2,259,000,000 | 2,360,000,000 | 2,249,000,000 | 2,120,000,000 | 2,150,000,000 | 2,130,000,000 | 1,883,000,000 | 1,685,000,000 | 1,754,000,000 | 1,792,000,000 | 1,539,000,000 | 1,532,000,000 | 1,639,000,000 | 1,767,000,000 | 1,556,000,000 | 1,835,000,000 | 1,628,000,000 | 1,719,000,000 | 1,635,000,000 | 1,387,000,000 | 1,361,000,000 | 1,522,000,000 | 1,601,000,000 | 1,368,000,000 | 1,501,000,000 | 1,584,000,000 | 1,601,000,000 | 1,392,000,000 | 1,494,000,000 | 1,616,000,000 | 1,419,000,000 | 1,457,000,000 | 1,461,000,000 | 1,966,000,000 | 1,611,000,000 | 1,688,000,000 | 1,649,000,000 | 1,857,000,000 | 1,644,000,000 | 1,653,000,000 | 1,683,000,000 | 1,707,000,000 | 1,708,000,000 | 1,751,000,000 | 1,725,000,000 | 1,639,000,000 | 1,661,000,000 | 1,634,000,000 | 1,612,000,000 | 1,597,000,000 | 1,050,000,000 | 1,169,000,000 | 1,163,000,000 | 1,119,000,000 | 1,134,000,000 | 1,014,000,000 | 1,132,000,000 | 1,155,000,000 |
information technology | 144,000,000 | 156,000,000 | 140,000,000 | 136,000,000 | 136,000,000 | 142,000,000 | 141,000,000 | 132,000,000 | 124,000,000 | 135,000,000 | 129,000,000 | 139,000,000 | 138,000,000 | 133,000,000 | 115,000,000 | 123,000,000 | 118,000,000 | 130,000,000 | 115,000,000 | 114,000,000 | 119,000,000 | 107,000,000 | 107,000,000 | 111,000,000 | 131,000,000 | 120,000,000 | 126,000,000 | 117,000,000 | 121,000,000 | 125,000,000 | 123,000,000 | 115,000,000 | 109,000,000 | 98,000,000 | 88,000,000 | |||||||||||||||||||||||||
premises | 81,000,000 | 85,000,000 | 85,000,000 | 85,000,000 | 82,000,000 | 84,000,000 | 88,000,000 | 82,000,000 | 71,000,000 | 74,000,000 | 68,000,000 | 75,000,000 | 73,000,000 | 71,000,000 | 73,000,000 | 72,000,000 | 76,000,000 | 98,000,000 | 76,000,000 | 77,000,000 | 74,000,000 | 70,000,000 | 74,000,000 | 73,000,000 | 91,000,000 | 76,000,000 | 85,000,000 | 87,000,000 | 87,000,000 | 94,000,000 | 96,000,000 | 93,000,000 | 89,000,000 | 86,000,000 | 84,000,000 | |||||||||||||||||||||||||
depreciation of fixed assets | 46,000,000 | 48,000,000 | 47,000,000 | 47,000,000 | 46,000,000 | 47,000,000 | 47,000,000 | 45,000,000 | 44,000,000 | 42,000,000 | 39,000,000 | 38,000,000 | 36,000,000 | 37,000,000 | 40,000,000 | 38,000,000 | 41,000,000 | 56,000,000 | 41,000,000 | 41,000,000 | 43,000,000 | 42,000,000 | 41,000,000 | 41,000,000 | 48,000,000 | 44,000,000 | 40,000,000 | 40,000,000 | 50,000,000 | 40,000,000 | 47,000,000 | 39,000,000 | 40,000,000 | 54,000,000 | 54,000,000 | |||||||||||||||||||||||||
amortization and impairment of intangible assets | 152,000,000 | 185,000,000 | 193,000,000 | 201,000,000 | 199,000,000 | 185,000,000 | 174,000,000 | 128,000,000 | 16,000,000 | 20,000,000 | 25,000,000 | 25,000,000 | 26,000,000 | 34,000,000 | 25,000,000 | 28,000,000 | 35,000,000 | 36,000,000 | 97,000,000 | 101,000,000 | 97,000,000 | 97,000,000 | 101,000,000 | 100,000,000 | 282,000,000 | 110,000,000 | 101,000,000 | 460,000,000 | ||||||||||||||||||||||||||||||||
other general expense | 411,000,000 | 372,000,000 | 425,000,000 | 373,000,000 | 446,000,000 | 409,000,000 | 429,000,000 | 455,000,000 | 348,000,000 | 300,000,000 | 320,000,000 | 329,000,000 | 306,000,000 | 299,000,000 | 391,000,000 | 275,000,000 | 280,000,000 | 1,348,000,000 | 318,000,000 | 289,000,000 | 340,000,000 | 288,000,000 | 262,000,000 | 342,000,000 | 393,000,000 | 310,000,000 | ||||||||||||||||||||||||||||||||||
accelerating aon united program expenses | 92,000,000 | 129,000,000 | 32,000,000 | 94,000,000 | 110,000,000 | 69,000,000 | 69,000,000 | 132,000,000 | 119,000,000 | 6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 3,319,000,000 | 3,092,000,000 | 3,181,000,000 | 3,296,000,000 | 3,268,000,000 | 3,056,000,000 | 3,098,000,000 | 3,104,000,000 | 2,605,000,000 | 2,262,000,000 | 2,335,000,000 | 2,398,000,000 | 2,118,000,000 | 2,106,000,000 | 2,283,000,000 | 2,303,000,000 | 2,106,000,000 | 3,503,000,000 | 2,214,000,000 | 2,280,000,000 | 2,252,000,000 | 1,944,000,000 | 1,903,000,000 | 2,186,000,000 | 2,361,000,000 | 2,019,000,000 | 2,193,000,000 | 2,271,000,000 | 2,271,000,000 | 2,087,000,000 | 2,577,000,000 | 2,291,000,000 | 2,075,000,000 | 2,486,000,000 | 2,038,000,000 | 2,694,000,000 | 2,324,000,000 | 2,361,000,000 | 2,342,000,000 | 2,571,000,000 | 2,329,000,000 | 2,528,000,000 | 2,406,000,000 | 2,463,000,000 | 2,474,000,000 | 2,478,000,000 | 2,505,000,000 | 2,427,000,000 | 2,439,000,000 | 2,382,000,000 | 2,377,000,000 | 2,363,000,000 | 1,538,000,000 | 1,630,000,000 | 1,631,000,000 | 1,599,000,000 | 1,658,000,000 | 1,471,000,000 | 1,606,000,000 | 1,725,000,000 |
operating income | 1,715,000,000 | 1,208,000,000 | 816,000,000 | 859,000,000 | 1,461,000,000 | 1,091,000,000 | 623,000,000 | 656,000,000 | 1,465,000,000 | 691,000,000 | 842,000,000 | 1,473,000,000 | 1,012,000,000 | 590,000,000 | 700,000,000 | 1,367,000,000 | 974,000,000 | -801,000,000 | 672,000,000 | 1,245,000,000 | 713,000,000 | 441,000,000 | 594,000,000 | 1,033,000,000 | 524,000,000 | 360,000,000 | 413,000,000 | 872,000,000 | 499,000,000 | 262,000,000 | -16,000,000 | 799,000,000 | 265,000,000 | -118,000,000 | 343,000,000 | 629,000,000 | 422,000,000 | 405,000,000 | 450,000,000 | 717,000,000 | 413,000,000 | 277,000,000 | 441,000,000 | 417,000,000 | 445,000,000 | 469,000,000 | 410,000,000 | 394,000,000 | 402,000,000 | 341,000,000 | 434,000,000 | 396,000,000 | 263,000,000 | 268,000,000 | 273,000,000 | |||||
yoy | 17.39% | 10.72% | 30.98% | 30.95% | -0.27% | 57.89% | -26.01% | -55.47% | 44.76% | 17.12% | 20.29% | 7.75% | 3.90% | -173.66% | 4.17% | 9.80% | 36.61% | -281.63% | 13.13% | 20.52% | 36.07% | 22.50% | 43.83% | 18.46% | 5.01% | 37.40% | -2681.25% | 9.14% | 88.30% | -322.03% | -104.66% | 27.03% | -37.20% | -129.14% | -23.78% | -12.27% | 2.18% | 46.21% | 2.04% | 71.94% | -7.19% | -40.94% | 7.56% | 5.84% | 10.70% | 37.54% | -5.53% | -0.51% | 52.85% | 27.24% | 58.97% | |||||||||
qoq | 41.97% | 48.04% | -5.01% | -41.20% | 33.91% | 75.12% | -5.03% | -55.22% | 112.01% | -17.93% | -42.84% | 45.55% | 71.53% | -15.71% | -48.79% | 40.35% | -221.60% | -219.20% | -46.02% | 74.61% | 61.68% | -25.76% | -42.50% | 97.14% | 45.56% | -12.83% | -52.64% | 74.75% | 90.46% | -1737.50% | -102.00% | 201.51% | -324.58% | -134.40% | -45.47% | 49.05% | 4.20% | -10.00% | -37.24% | 73.61% | 49.10% | -37.19% | 5.76% | -6.29% | -5.12% | 14.39% | 4.06% | -1.99% | 17.89% | -21.43% | 9.60% | 50.57% | -1.87% | -1.83% | ||||||
operating margin % | 34.07% | 28.09% | 20.42% | 20.67% | 30.89% | 26.31% | 16.74% | 17.45% | 36.00% | 23.40% | 26.50% | 38.05% | 32.33% | 21.88% | 23.47% | 37.25% | 31.62% | -29.64% | 23.28% | 35.32% | 24.05% | 18.49% | 23.79% | 32.09% | 18.16% | 15.13% | 15.85% | 27.74% | 18.01% | 11.15% | -0.62% | 25.86% | 11.32% | -4.98% | 14.41% | 18.93% | 15.37% | 14.64% | 16.12% | 21.81% | 15.06% | 9.88% | 15.49% | 14.48% | 15.24% | 15.91% | 14.07% | 13.97% | 14.15% | 12.52% | 15.44% | 14.35% | 14.60% | 14.12% | 14.34% | 0% | 0% | 0% | 0% | 0% |
interest income | 12,000,000 | 14,000,000 | 5,000,000 | 4,000,000 | 4,000,000 | 31,000,000 | 28,000,000 | 9,000,000 | 5,000,000 | 5,000,000 | 3,000,000 | 7,000,000 | 5,000,000 | 3,000,000 | 2,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 1,000,000 | 3,000,000 | 2,000,000 | 4,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 4,000,000 | 10,000,000 | 8,000,000 | 2,000,000 | 3,000,000 | 1,000,000 | 3,000,000 | 2,000,000 | 4,000,000 | 3,000,000 | 4,000,000 | 3,000,000 | 3,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | 2,000,000 | 3,000,000 | 4,000,000 | 4,000,000 | 6,000,000 | 4,000,000 | 4,000,000 | 1,000,000 | ||||||||||
interest expense | -179,000,000 | -191,000,000 | -206,000,000 | -212,000,000 | -206,000,000 | -206,000,000 | -213,000,000 | -225,000,000 | -144,000,000 | -119,000,000 | -130,000,000 | -111,000,000 | -110,000,000 | -103,000,000 | -102,000,000 | -91,000,000 | -85,000,000 | -80,000,000 | -78,000,000 | -79,000,000 | -82,000,000 | -80,000,000 | -89,000,000 | -83,000,000 | -80,000,000 | -78,000,000 | -77,000,000 | -72,000,000 | -70,000,000 | -69,000,000 | -69,000,000 | -70,000,000 | -70,000,000 | -71,000,000 | -70,000,000 | -70,000,000 | -70,000,000 | -73,000,000 | -69,000,000 | -68,000,000 | -72,000,000 | -68,000,000 | -65,000,000 | -65,000,000 | -65,000,000 | -58,000,000 | -52,000,000 | 32,000,000 | 26,000,000 | 29,000,000 | 32,000,000 | 31,000,000 | ||||||||
other income | 5,000,000 | 1,178,000,000 | -13,000,000 | 56,000,000 | -10,000,000 | 2,000,000 | 35,000,000 | 236,000,000 | 75,000,000 | -21,000,000 | -59,000,000 | -25,000,000 | -196,000,000 | 16,000,000 | 30,000,000 | 25,000,000 | 145,000,000 | 10,000,000 | -1,000,000 | -2,000,000 | -6,000,000 | -1,000,000 | -10,000,000 | 29,000,000 | -7,000,000 | 2,000,000 | 6,000,000 | -8,000,000 | 1,000,000 | -3,000,000 | -15,000,000 | -5,000,000 | -5,000,000 | -10,000,000 | 9,000,000 | 9,000,000 | 18,000,000 | 49,000,000 | 8,000,000 | 1,000,000 | 42,000,000 | 35,000,000 | -2,000,000 | 1,000,000 | 9,000,000 | 12,000,000 | 7,000,000 | 17,000,000 | 5,000,000 | 7,000,000 | ||||||||||
income before income taxes | 1,553,000,000 | 2,209,000,000 | 597,000,000 | 703,000,000 | 1,250,000,000 | 891,000,000 | 449,000,000 | 698,000,000 | 1,424,000,000 | 560,000,000 | 658,000,000 | 1,342,000,000 | 709,000,000 | 510,000,000 | 633,000,000 | 1,304,000,000 | 1,036,000,000 | -868,000,000 | 596,000,000 | 1,167,000,000 | 571,000,000 | 362,000,000 | 335,000,000 | 401,000,000 | 702,000,000 | 352,000,000 | 214,000,000 | 421,000,000 | 390,000,000 | 380,000,000 | 414,000,000 | 368,000,000 | ||||||||||||||||||||||||||||
income tax expense | 314,000,000 | 505,000,000 | 127,000,000 | 109,000,000 | 268,000,000 | 157,000,000 | 94,000,000 | 160,000,000 | 331,000,000 | 93,000,000 | 83,000,000 | 263,000,000 | 43,000,000 | 92,000,000 | 119,000,000 | 256,000,000 | 163,000,000 | 23,000,000 | 203,000,000 | 234,000,000 | 92,000,000 | 82,000,000 | 85,000,000 | 189,000,000 | 59,000,000 | 56,000,000 | 56,000,000 | 2,250,000 | 39,000,000 | 4,000,000 | -143,000,000 | |||||||||||||||||||||||||||||
net income | 1,239,000,000 | 1,704,000,000 | 470,000,000 | 594,000,000 | 982,000,000 | 734,000,000 | 355,000,000 | 538,000,000 | 1,093,000,000 | 467,000,000 | 575,000,000 | 1,079,000,000 | 666,000,000 | 418,000,000 | 514,000,000 | 1,048,000,000 | 873,000,000 | -891,000,000 | 393,000,000 | 933,000,000 | 534,000,000 | 282,000,000 | 411,000,000 | 791,000,000 | 382,000,000 | 228,000,000 | 287,000,000 | 676,000,000 | 353,000,000 | 153,000,000 | 58,000,000 | 610,000,000 | 192,000,000 | 778,000,000 | 305,000,000 | 509,000,000 | 314,000,000 | 280,000,000 | 327,000,000 | 590,000,000 | 303,000,000 | 188,000,000 | 341,000,000 | 315,000,000 | 313,000,000 | 336,000,000 | 272,000,000 | 254,000,000 | 249,000,000 | 208,000,000 | 267,000,000 | 255,000,000 | 147,000,000 | 158,000,000 | 186,000,000 | 134,000,000 | 155,000,000 | 285,000,000 | 117,000,000 | 1,133,000,000 |
yoy | 26.17% | 132.15% | 32.39% | 10.41% | -10.16% | 57.17% | -38.26% | -50.14% | 64.11% | 11.72% | 11.87% | 2.96% | -23.71% | -146.91% | 30.79% | 12.33% | 63.48% | -415.96% | -4.38% | 17.95% | 39.79% | 23.68% | 43.21% | 17.01% | 8.22% | 49.02% | 394.83% | 10.82% | 83.85% | -80.33% | -80.98% | 19.84% | -38.85% | 177.86% | -6.73% | -13.73% | 3.63% | 48.94% | -4.11% | 87.30% | -3.19% | -44.05% | 25.37% | 24.02% | 25.70% | 61.54% | 1.87% | -0.39% | 69.39% | 31.65% | 43.55% | 90.30% | -5.16% | -44.56% | 58.97% | -88.17% | ||||
qoq | -27.29% | 262.55% | -20.88% | -39.51% | 33.79% | 106.76% | -34.01% | -50.78% | 134.05% | -18.78% | -46.71% | 62.01% | 59.33% | -18.68% | -50.95% | 20.05% | -197.98% | -326.72% | -57.88% | 74.72% | 89.36% | -31.39% | -48.04% | 107.07% | 67.54% | -20.56% | -57.54% | 91.50% | 130.72% | 163.79% | -90.49% | 217.71% | -75.32% | 155.08% | -40.08% | 62.10% | 12.14% | -14.37% | -44.58% | 94.72% | 61.17% | -44.87% | 8.25% | 0.64% | -6.85% | 23.53% | 7.09% | 2.01% | 19.71% | -22.10% | 4.71% | 73.47% | -6.96% | -15.05% | 38.81% | -13.55% | -45.61% | 143.59% | -89.67% | |
net income margin % | 24.61% | 39.63% | 11.76% | 14.30% | 20.77% | 17.70% | 9.54% | 14.31% | 26.86% | 15.81% | 18.10% | 27.87% | 21.28% | 15.50% | 17.23% | 28.56% | 28.34% | -32.98% | 13.62% | 26.47% | 18.01% | 11.82% | 16.46% | 24.57% | 13.24% | 9.58% | 11.01% | 21.51% | 12.74% | 6.51% | 2.26% | 19.74% | 8.21% | 32.85% | 12.81% | 15.32% | 11.43% | 10.12% | 11.71% | 17.94% | 11.05% | 6.70% | 11.98% | 10.94% | 10.72% | 11.40% | 9.33% | 9.00% | 8.76% | 7.64% | 9.50% | 9.24% | 8.16% | 8.32% | 9.77% | 7.41% | 8.22% | 15.37% | 6.33% | 57.22% |
less: net income attributable to redeemable and nonredeemable noncontrolling interests | 27,000,000 | 11,000,000 | 12,000,000 | 15,000,000 | 17,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to aon shareholders | 1,212,000,000 | 1,693,000,000 | 458,000,000 | 579,000,000 | 965,000,000 | 716,000,000 | 343,000,000 | 524,000,000 | 1,071,000,000 | 456,000,000 | 560,000,000 | 1,050,000,000 | 657,000,000 | 408,000,000 | 501,000,000 | 1,023,000,000 | 863,000,000 | -900,000,000 | 379,000,000 | 913,000,000 | 524,000,000 | 275,000,000 | 398,000,000 | 772,000,000 | 374,000,000 | 222,000,000 | 277,000,000 | 659,000,000 | 345,000,000 | 147,000,000 | 48,000,000 | 594,000,000 | 185,000,000 | 769,000,000 | 291,000,000 | 502,000,000 | 307,000,000 | 272,000,000 | 315,000,000 | 584,000,000 | 295,000,000 | 178,000,000 | 328,000,000 | 309,000,000 | 304,000,000 | 325,000,000 | 261,000,000 | 246,000,000 | ||||||||||||
basic net income per share attributable to aon shareholders | 5.66 | 7.85 | 2.12 | 2.68 | 4.46 | 3.31 | 1.58 | 2.47 | 5.38 | 2.25 | 2.74 | 5.09 | 3.17 | 1.93 | 2.35 | 4.75 | 3.86 | -3.99 | 1.67 | 4.02 | 1.89 | 1.15 | 1.01 | 1.16 | 2.1 | 1.05 | 0.63 | 1.15 | 1.06 | 1.02 | 1.07 | 0.82 | ||||||||||||||||||||||||||||
diluted net income per share attributable to aon shareholders | 5.63 | 7.81 | 2.11 | 2.66 | 4.43 | 3.29 | 1.57 | 2.46 | 5.35 | 2.23 | 2.71 | 5.07 | 3.14 | 1.92 | 2.33 | 4.73 | 3.83 | -3.99 | 1.66 | 4 | 1.86 | 1.14 | 1.01 | 1.15 | 2.08 | 1.04 | 0.62 | 1.14 | 1.04 | 1.01 | 1.06 | 0.82 | ||||||||||||||||||||||||||||
weighted-average ordinary shares outstanding - basic | 214.3 | 215.9 | 215.7 | 216.2 | 216.4 | 211.4 | 217.4 | 212.5 | 199.1 | 202.9 | 204.7 | 206.1 | 211.7 | 210.9 | 213.3 | 215.3 | 224.7 | 225.4 | 227 | 227.1 | 231.9 | 232.6 | 232.7 | 233.2 | 238.6 | 236.9 | 240.6 | 242.2 | 245.2 | 244 | 246 | 248.5 | 255.6 | 262.4 | 264.8 | 268.1 | 267.5 | 268 | 271.7 | 280.8 | 280.9 | 284.5 | 284.2 | 292.3 | 298.5 | 303.5 | 316.4 | 332 | ||||||||||||
weighted-average ordinary shares outstanding - diluted | 215.4 | 217.1 | 216.7 | 217.3 | 217.9 | 212.5 | 218.4 | 213.3 | 200.1 | 204.6 | 206.3 | 207.1 | 213.2 | 212.6 | 214.7 | 216.4 | 226.1 | 225.4 | 228 | 228.1 | 233.1 | 233.5 | 233.6 | 234.5 | 240.6 | 239.1 | 242.8 | 243.7 | 247 | 245.6 | 247.4 | 250.2 | 257.3 | 262.4 | 267 | 270.3 | 269.6 | 269.8 | 273.7 | 283.8 | 283.8 | 286.7 | 287.1 | 296.1 | 301.6 | 307.2 | 320 | 335.6 | ||||||||||||
less: net income attributable to redeemable and non-redeemable noncontrolling interests | 12,000,000 | 12,000,000 | 14,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interests | 22,000,000 | 11,000,000 | 15,000,000 | 29,000,000 | 9,000,000 | 10,000,000 | 13,000,000 | 25,000,000 | 10,000,000 | 9,000,000 | 14,000,000 | 20,000,000 | 10,000,000 | 7,000,000 | 13,000,000 | 19,000,000 | 8,000,000 | 6,000,000 | 10,000,000 | 17,000,000 | 8,000,000 | 6,000,000 | 10,000,000 | 16,000,000 | 7,000,000 | 9,000,000 | 14,000,000 | 7,000,000 | 7,000,000 | 8,000,000 | 12,000,000 | 6,000,000 | 8,000,000 | 10,000,000 | 13,000,000 | 6,000,000 | 9,000,000 | 11,000,000 | 11,000,000 | 8,000,000 | 11,000,000 | 10,000,000 | 9,000,000 | 9,000,000 | 3,000,000 | 5,000,000 | 8,000,000 | 14,000,000 | 6,000,000 | 5,000,000 | ||||||||||
amortization of intangible assets | 36,000,000 | 40,000,000 | 51,250,000 | 50,000,000 | 58,000,000 | 97,000,000 | 43,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before income taxes | 626,000,000 | 363,000,000 | 495,000,000 | 981,000,000 | 441,000,000 | 285,000,000 | 343,000,000 | 802,000,000 | 421,000,000 | 194,000,000 | -87,000,000 | 718,000,000 | 200,000,000 | -186,000,000 | 265,000,000 | 351,000,000 | 346,000,000 | 292,000,000 | 352,000,000 | 356,000,000 | 208,000,000 | 244,000,000 | 247,000,000 | 178,000,000 | 210,000,000 | 343,000,000 | ||||||||||||||||||||||||||||||||||
net income from continuing operations | 534,000,000 | 281,000,000 | 410,000,000 | 792,000,000 | 382,000,000 | 229,000,000 | 287,000,000 | 676,000,000 | 284,000,000 | 155,000,000 | 57,000,000 | 604,000,000 | 196,000,000 | -43,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net income from discontinued operations | 1,000,000 | 1,000,000 | -1,000,000 | -1,000,000 | 69,000,000 | -2,000,000 | 1,000,000 | 6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
continuing operations | 2.28 | 1.18 | 1.71 | 3.31 | 1.59 | 0.94 | 1.15 | 2.72 | 1.14 | 0.61 | 0.19 | 2.37 | 0.74 | -0.2 | 0.95 | 0.74 | 0.72 | 0.59 | 0.76 | 0.72 | 0.52 | 0.64 | 0.65 | 0.41 | 0.52 | 0.56 | 0.58 | |||||||||||||||||||||||||||||||||
discontinued operations | 0.28 | -0.01 | 0.01 | 0.02 | -0.02 | 3.13 | 0.15 | 0.01 | 0.01 | 0.18 | 3.33 | |||||||||||||||||||||||||||||||||||||||||||||||||
other general expenses | 344,000,000 | 346,000,000 | 311,000,000 | 336,000,000 | 535,000,000 | 318,000,000 | 317,000,000 | 331,000,000 | 308,000,000 | 728,000,000 | 713,000,000 | 673,000,000 | 693,000,000 | 714,000,000 | 685,000,000 | 875,000,000 | 723,000,000 | 756,000,000 | 766,000,000 | 727,000,000 | 780,000,000 | 788,000,000 | 778,000,000 | 748,000,000 | 765,000,000 | 766,000,000 | 488,000,000 | 461,000,000 | 468,000,000 | 424,000,000 | 466,000,000 | 397,000,000 | 425,000,000 | 512,000,000 | ||||||||||||||||||||||||||
income taxes | 126,000,000 | 114,000,000 | 62,000,000 | 48,000,000 | 55,000,000 | 74,000,000 | 112,000,000 | 49,000,000 | 26,000,000 | 80,000,000 | 75,000,000 | 67,000,000 | 78,000,000 | 96,000,000 | 96,000,000 | 97,000,000 | 84,000,000 | 87,000,000 | 103,000,000 | 61,000,000 | 60,000,000 | 61,000,000 | 47,000,000 | 57,000,000 | 108,000,000 | |||||||||||||||||||||||||||||||||||
cash dividends per share paid on ordinary shares | 0.29 | 0.4 | 0.4 | 0.36 | 0.36 | 0.36 | 0.33 | 0.33 | 0.33 | 0.33 | 0.3 | 0.3 | 0.3 | 0.3 | 0.25 | 0.25 | 0.25 | 0.18 | 0.16 | 0.16 | ||||||||||||||||||||||||||||||||||||||||
income tax benefit | -144,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of tax | -4,000,000 | 821,000,000 | 40,000,000 | 965,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 265,000,000 | 255,000,000 | 249,000,000 | 208,000,000 | 265,000,000 | 253,000,000 | 147,000,000 | 184,000,000 | 186,000,000 | 131,000,000 | 153,000,000 | 235,000,000 | 153,000,000 | 168,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
commissions, fees and other | 3,317,000,000 | 2,740,000,000 | 2,761,000,000 | 2,787,000,000 | 3,283,000,000 | 2,736,000,000 | 2,800,000,000 | 2,842,000,000 | 2,873,000,000 | 2,913,000,000 | 2,941,000,000 | 2,908,000,000 | 2,813,000,000 | 2,829,000,000 | 2,708,000,000 | 2,799,000,000 | 2,748,000,000 | 1,786,000,000 | 1,883,000,000 | 1,891,000,000 | 1,780,000,000 | 1,864,000,000 | 1,822,000,000 | 1,756,000,000 | 1,912,000,000 | |||||||||||||||||||||||||||||||||||
fiduciary investment income | 6,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 7,000,000 | 6,000,000 | 6,000,000 | 7,000,000 | 8,000,000 | 12,000,000 | 15,000,000 | 12,000,000 | 11,000,000 | 15,000,000 | 15,000,000 | 13,000,000 | ||||||||||||||||||||||||||||||||||||||||
income from discontinued operations before income taxes | 1,000,000 | 4,000,000 | 1,000,000 | 2,000,000 | 2,000,000 | 91,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations | 2,000,000 | 2,000,000 | 3,000,000 | 2,000,000 | 50,000,000 | 1,428,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to aon stockholders | 238,000,000 | 198,000,000 | 258,000,000 | 246,000,000 | 144,000,000 | 153,000,000 | 178,000,000 | 120,000,000 | 149,000,000 | 280,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
basic net income per share attributable to aon stockholders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted net income per share attributable to aon stockholders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends per share paid on common stock | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding - basic | 332.4 | 332.6 | 337.7 | 339.4 | 278.4 | 283.8 | 284.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding - diluted | 336.6 | 336.9 | 342.7 | 345.4 | 282.2 | 282.6 | 283.4 | 292.1 | 289.1 | 288.8 | 290.3 | 305.3 | ||||||||||||||||||||||||||||||||||||||||||||||||
weighted average common shares outstanding - basic | 278.7 | 275.9 | 278.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment income | 28,000,000 | 21,000,000 | 32,000,000 | 91,000,000 | 68,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 56,000,000 | 58,000,000 | 60,000,000 | 49,000,000 | 58,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
other expense | 11,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid per share | 0.15 | 0.15 | 0.15 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before provision for income tax | 212,000,000 | 226,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for income tax | 59,000,000 | 58,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic net income per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted net income per share |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-03-31 | 2012-06-30 | 2012-03-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 |
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assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 1,178,000,000 | 1,195,000,000 | 1,095,000,000 | 1,008,000,000 | 964,000,000 | 1,085,000,000 | 1,103,000,000 | 974,000,000 | 995,000,000 | 808,000,000 | 952,000,000 | 1,119,000,000 | 690,000,000 | 692,000,000 | 740,000,000 | 595,000,000 | 544,000,000 | 609,000,000 | 1,091,000,000 | 822,000,000 | 884,000,000 | 821,000,000 | 757,000,000 | 690,000,000 | 790,000,000 | 602,000,000 | 581,000,000 | 600,000,000 | 656,000,000 | 484,000,000 | 487,000,000 | 597,000,000 | 749,000,000 | 684,000,000 | 433,000,000 | 431,000,000 | 483,000,000 | 438,000,000 | 465,000,000 | 384,000,000 | 398,000,000 | 367,000,000 | 378,000,000 | 382,000,000 | 418,000,000 | 338,000,000 | 408,000,000 | 286,000,000 | 323,000,000 | 295,000,000 | 300,000,000 | 682,000,000 | 335,000,000 | 260,000,000 | 422,000,000 | 580,000,000 | 537,000,000 | 501,000,000 | |||||||||
short-term investments | 238,000,000 | 1,603,000,000 | 207,000,000 | 379,000,000 | 366,000,000 | 219,000,000 | 196,000,000 | 182,000,000 | 5,413,000,000 | 175,000,000 | 200,000,000 | 172,000,000 | 452,000,000 | 251,000,000 | 243,000,000 | 455,000,000 | 292,000,000 | 310,000,000 | 289,000,000 | 171,000,000 | 308,000,000 | 448,000,000 | 654,000,000 | 170,000,000 | 138,000,000 | 177,000,000 | 235,000,000 | 134,000,000 | 172,000,000 | 167,000,000 | 173,000,000 | 118,000,000 | 1,640,000,000 | 2,746,000,000 | 200,000,000 | 290,000,000 | 463,000,000 | 251,000,000 | 587,000,000 | 356,000,000 | 385,000,000 | 484,000,000 | 343,000,000 | 217,000,000 | 308,000,000 | 340,000,000 | 352,000,000 | 516,000,000 | 510,000,000 | 607,000,000 | 515,000,000 | 589,000,000 | 2,114,000,000 | 474,000,000 | 312,000,000 | 602,000,000 | 580,000,000 | 879,000,000 | 1,946,000,000 | 2,566,000,000 | 771,000,000 | 4,096,000,000 | 4,199,000,000 | 4,314,000,000 | 3,647,000,000 | 4,136,000,000 | 4,702,000,000 |
receivables | 5,089,000,000 | 4,209,000,000 | 4,276,000,000 | 4,905,000,000 | 4,620,000,000 | 3,803,000,000 | 4,004,000,000 | 4,459,000,000 | 4,035,000,000 | 3,300,000,000 | 3,764,000,000 | 3,713,000,000 | 3,035,000,000 | 2,971,000,000 | 3,648,000,000 | 3,625,000,000 | 3,094,000,000 | 3,117,000,000 | 3,545,000,000 | 3,526,000,000 | 3,070,000,000 | 2,906,000,000 | 3,314,000,000 | 3,554,000,000 | 3,112,000,000 | 2,866,000,000 | 3,227,000,000 | 3,242,000,000 | 2,760,000,000 | 2,656,000,000 | 2,992,000,000 | 3,053,000,000 | 2,068,000,000 | 2,191,000,000 | 2,103,000,000 | 2,589,000,000 | 2,391,000,000 | 2,516,000,000 | 2,591,000,000 | 2,734,000,000 | 2,453,000,000 | 2,684,000,000 | 2,672,000,000 | 2,630,000,000 | 2,803,000,000 | 2,880,000,000 | 2,884,000,000 | 3,075,000,000 | 3,164,000,000 | 2,745,000,000 | 2,785,000,000 | 2,650,000,000 | 2,086,000,000 | 1,994,000,000 | 1,983,000,000 | 1,844,000,000 | 1,937,000,000 | 1,795,000,000 | 1,877,000,000 | 2,012,000,000 | 1,938,000,000 | ||||||
fiduciary assets | 18,905,000,000 | 17,889,000,000 | 18,781,000,000 | 20,677,000,000 | 17,766,000,000 | 17,566,000,000 | 17,596,000,000 | 18,865,000,000 | 17,161,000,000 | 15,965,000,000 | 18,193,000,000 | 16,629,000,000 | 15,900,000,000 | 14,699,000,000 | 16,864,000,000 | 15,277,000,000 | 14,386,000,000 | 14,017,000,000 | 15,804,000,000 | 13,894,000,000 | 13,798,000,000 | 13,549,000,000 | 13,794,000,000 | 12,401,000,000 | 11,834,000,000 | 11,041,000,000 | 12,071,000,000 | 11,412,000,000 | 10,166,000,000 | 9,314,000,000 | 10,476,000,000 | 10,738,000,000 | 9,292,000,000 | 9,582,000,000 | 9,162,000,000 | 9,485,000,000 | 8,710,000,000 | 10,201,000,000 | 9,776,000,000 | 9,932,000,000 | 9,956,000,000 | 11,389,000,000 | 10,894,000,000 | 10,815,000,000 | 12,786,000,000 | 12,038,000,000 | 12,224,000,000 | 12,736,000,000 | 11,795,000,000 | 10,315,000,000 | 11,760,000,000 | 10,609,000,000 | 9,545,000,000 | 12,226,000,000 | 11,089,000,000 | 9,551,000,000 | 12,323,000,000 | 11,239,000,000 | 9,109,000,000 | 11,358,000,000 | |||||||
other current assets | 753,000,000 | 878,000,000 | 2,210,000,000 | 854,000,000 | 698,000,000 | 759,000,000 | 754,000,000 | 1,063,000,000 | 1,020,000,000 | 877,000,000 | 840,000,000 | 511,000,000 | 646,000,000 | 563,000,000 | 672,000,000 | 593,000,000 | 716,000,000 | 687,000,000 | 547,000,000 | 492,000,000 | 624,000,000 | 525,000,000 | 471,000,000 | 530,000,000 | 602,000,000 | 631,000,000 | 631,000,000 | 531,000,000 | 618,000,000 | 727,000,000 | 732,000,000 | 609,000,000 | 518,000,000 | 399,000,000 | 309,000,000 | 351,000,000 | 424,000,000 | 395,000,000 | 622,000,000 | 566,000,000 | 728,000,000 | 731,000,000 | 712,000,000 | 711,000,000 | 1,396,000,000 | 577,000,000 | 389,000,000 | 443,000,000 | 415,000,000 | 538,000,000 | 571,000,000 | 681,000,000 | 532,000,000 | 543,000,000 | 462,000,000 | 349,000,000 | 315,000,000 | 307,000,000 | 245,000,000 | 229,000,000 | 223,000,000 | ||||||
total current assets | 26,163,000,000 | 25,774,000,000 | 26,569,000,000 | 27,823,000,000 | 24,414,000,000 | 23,432,000,000 | 23,653,000,000 | 25,543,000,000 | 28,624,000,000 | 21,125,000,000 | 23,949,000,000 | 22,144,000,000 | 20,723,000,000 | 19,176,000,000 | 22,167,000,000 | 20,545,000,000 | 19,032,000,000 | 18,740,000,000 | 21,276,000,000 | 18,905,000,000 | 18,684,000,000 | 18,249,000,000 | 18,990,000,000 | 17,345,000,000 | 16,476,000,000 | 15,317,000,000 | 16,745,000,000 | 15,919,000,000 | 14,372,000,000 | 13,348,000,000 | 14,860,000,000 | 15,115,000,000 | 14,267,000,000 | 15,602,000,000 | 15,393,000,000 | 13,146,000,000 | 12,471,000,000 | 13,801,000,000 | 14,041,000,000 | 13,972,000,000 | 13,920,000,000 | 15,655,000,000 | 14,999,000,000 | 14,755,000,000 | 17,711,000,000 | 16,173,000,000 | 16,257,000,000 | 17,056,000,000 | 16,207,000,000 | 14,500,000,000 | 15,931,000,000 | 15,211,000,000 | 14,612,000,000 | 15,497,000,000 | 14,268,000,000 | 12,926,000,000 | 15,881,000,000 | 14,909,000,000 | 13,686,000,000 | 16,631,000,000 | 19,019,000,000 | ||||||
goodwill | 15,925,000,000 | 15,797,000,000 | 15,704,000,000 | 16,024,000,000 | 15,697,000,000 | 15,234,000,000 | 15,612,000,000 | 15,281,000,000 | 8,302,000,000 | 8,245,000,000 | 8,360,000,000 | 8,319,000,000 | 8,292,000,000 | 7,979,000,000 | 8,295,000,000 | 8,496,000,000 | 8,434,000,000 | 8,547,000,000 | 8,659,000,000 | 8,587,000,000 | 8,666,000,000 | 8,462,000,000 | 8,356,000,000 | 8,293,000,000 | 8,165,000,000 | 8,071,000,000 | 8,198,000,000 | 8,219,000,000 | 8,171,000,000 | 8,282,000,000 | 8,291,000,000 | 8,550,000,000 | 7,888,000,000 | 7,745,000,000 | 7,544,000,000 | 8,747,000,000 | 8,452,000,000 | 8,473,000,000 | 8,411,000,000 | 8,448,000,000 | 8,571,000,000 | 8,661,000,000 | 8,548,000,000 | 9,026,000,000 | 9,099,000,000 | 9,030,000,000 | 8,786,000,000 | 8,713,000,000 | 8,896,000,000 | 8,835,000,000 | 8,975,000,000 | 8,895,000,000 | 5,976,000,000 | 5,710,000,000 | 5,887,000,000 | 5,957,000,000 | 5,883,000,000 | 5,546,000,000 | 4,882,000,000 | 5,137,000,000 | 5,175,000,000 | 4,883,000,000 | 4,739,000,000 | 4,698,000,000 | 4,410,000,000 | 4,390,000,000 | 4,423,000,000 |
intangible assets | 5,826,000,000 | 5,727,000,000 | 5,827,000,000 | 6,733,000,000 | 6,865,000,000 | 6,743,000,000 | 6,789,000,000 | 6,794,000,000 | 217,000,000 | 252,000,000 | 268,000,000 | 425,000,000 | 447,000,000 | 456,000,000 | 491,000,000 | 530,000,000 | 492,000,000 | 529,000,000 | 564,000,000 | 594,000,000 | 640,000,000 | 665,000,000 | 699,000,000 | 746,000,000 | 783,000,000 | 874,000,000 | 973,000,000 | 1,077,000,000 | 1,149,000,000 | 1,260,000,000 | 1,363,000,000 | 1,662,000,000 | 1,341,000,000 | 1,402,000,000 | 1,886,000,000 | 2,223,000,000 | 2,038,000,000 | 2,107,000,000 | 2,108,000,000 | 2,180,000,000 | 2,257,000,000 | 2,350,000,000 | 2,410,000,000 | 2,612,000,000 | 2,468,000,000 | 2,500,000,000 | 2,844,000,000 | 3,106,000,000 | 3,203,000,000 | 3,361,000,000 | 3,484,000,000 | 3,547,000,000 | 754,000,000 | 753,000,000 | 770,000,000 | ||||||||||||
fixed assets | 714,000,000 | 702,000,000 | 684,000,000 | 664,000,000 | 650,000,000 | 637,000,000 | 650,000,000 | 636,000,000 | 590,000,000 | 652,000,000 | 639,000,000 | 605,000,000 | 558,000,000 | 510,000,000 | 505,000,000 | 515,000,000 | 529,000,000 | 541,000,000 | 585,000,000 | 584,000,000 | 599,000,000 | 609,000,000 | 615,000,000 | 666,000,000 | 621,000,000 | 606,000,000 | 599,000,000 | 606,000,000 | 588,000,000 | 594,000,000 | 575,000,000 | 578,000,000 | 545,000,000 | 556,000,000 | 536,000,000 | 765,000,000 | 738,000,000 | 751,000,000 | 766,000,000 | 765,000,000 | 785,000,000 | 782,000,000 | 754,000,000 | 760,000,000 | 787,000,000 | 785,000,000 | 816,000,000 | 797,000,000 | 808,000,000 | 773,000,000 | 798,000,000 | 791,000,000 | 468,000,000 | 450,000,000 | 452,000,000 | 453,000,000 | 447,000,000 | 430,000,000 | 449,000,000 | 483,000,000 | 507,000,000 | ||||||
operating lease right-of-use assets | 674,000,000 | 677,000,000 | 681,000,000 | 735,000,000 | 716,000,000 | 711,000,000 | 737,000,000 | 723,000,000 | 628,000,000 | 646,000,000 | 678,000,000 | 684,000,000 | 699,000,000 | 668,000,000 | 704,000,000 | 754,000,000 | 786,000,000 | 823,000,000 | 863,000,000 | 867,000,000 | 911,000,000 | 914,000,000 | 941,000,000 | 897,000,000 | 929,000,000 | 913,000,000 | 959,000,000 | 993,000,000 | |||||||||||||||||||||||||||||||||||||||
deferred tax assets | 737,000,000 | 748,000,000 | 855,000,000 | 861,000,000 | 768,000,000 | 654,000,000 | 1,209,000,000 | 1,218,000,000 | 1,254,000,000 | 1,022,000,000 | 963,000,000 | 897,000,000 | 824,000,000 | 819,000,000 | 771,000,000 | 770,000,000 | 766,000,000 | 761,000,000 | 738,000,000 | 721,000,000 | 724,000,000 | 655,000,000 | 654,000,000 | 638,000,000 | 645,000,000 | 611,000,000 | 599,000,000 | 588,000,000 | 561,000,000 | 476,000,000 | 452,000,000 | 296,000,000 | 565,000,000 | 575,000,000 | 351,000,000 | 322,000,000 | |||||||||||||||||||||||||||||||
prepaid pension | 598,000,000 | 603,000,000 | 588,000,000 | 598,000,000 | 595,000,000 | 556,000,000 | 650,000,000 | 629,000,000 | 627,000,000 | 673,000,000 | 691,000,000 | 672,000,000 | 652,000,000 | 1,140,000,000 | 1,284,000,000 | 1,361,000,000 | 1,366,000,000 | 1,350,000,000 | 1,349,000,000 | 1,321,000,000 | 1,280,000,000 | 1,249,000,000 | 1,192,000,000 | 1,164,000,000 | 1,216,000,000 | 1,213,000,000 | 1,213,000,000 | 1,224,000,000 | 1,133,000,000 | 1,208,000,000 | 1,272,000,000 | 1,207,000,000 | 1,020,000,000 | 941,000,000 | 893,000,000 | 858,000,000 | 711,000,000 | 720,000,000 | 737,000,000 | 1,033,000,000 | |||||||||||||||||||||||||||
other non-current assets | 792,000,000 | 756,000,000 | 729,000,000 | 572,000,000 | 599,000,000 | 998,000,000 | 585,000,000 | 629,000,000 | 525,000,000 | 497,000,000 | 501,000,000 | 507,000,000 | 509,000,000 | 475,000,000 | 503,000,000 | 520,000,000 | 512,000,000 | 525,000,000 | 546,000,000 | 596,000,000 | 610,000,000 | 556,000,000 | 548,000,000 | 533,000,000 | 570,000,000 | 562,000,000 | 521,000,000 | 509,000,000 | 448,000,000 | 434,000,000 | 404,000,000 | 439,000,000 | 298,000,000 | 368,000,000 | 379,000,000 | 554,000,000 | 564,000,000 | 576,000,000 | 579,000,000 | 625,000,000 | 1,673,000,000 | 1,755,000,000 | 1,678,000,000 | 1,531,000,000 | 1,573,000,000 | 1,446,000,000 | 1,174,000,000 | 935,000,000 | 946,000,000 | 1,022,000,000 | 1,059,000,000 | 1,040,000,000 | 1,247,000,000 | 1,245,000,000 | 1,274,000,000 | 1,245,000,000 | 1,155,000,000 | 1,172,000,000 | 1,109,000,000 | 1,165,000,000 | 1,151,000,000 | ||||||
total assets | 51,429,000,000 | 50,784,000,000 | 51,637,000,000 | 54,010,000,000 | 50,304,000,000 | 48,965,000,000 | 49,885,000,000 | 51,453,000,000 | 40,767,000,000 | 33,112,000,000 | 36,049,000,000 | 34,253,000,000 | 32,704,000,000 | 31,223,000,000 | 34,720,000,000 | 33,491,000,000 | 31,917,000,000 | 31,816,000,000 | 34,580,000,000 | 32,175,000,000 | 32,114,000,000 | 31,359,000,000 | 31,995,000,000 | 30,282,000,000 | 29,405,000,000 | 28,167,000,000 | 29,807,000,000 | 29,135,000,000 | 26,422,000,000 | 25,602,000,000 | 27,217,000,000 | 27,847,000,000 | 25,924,000,000 | 27,189,000,000 | 26,982,000,000 | 26,615,000,000 | 25,252,000,000 | 26,693,000,000 | 26,813,000,000 | 27,164,000,000 | 27,206,000,000 | 29,203,000,000 | 28,389,000,000 | 28,827,000,000 | 31,776,000,000 | 30,077,000,000 | 30,029,000,000 | 30,807,000,000 | 30,271,000,000 | 28,745,000,000 | 30,496,000,000 | 29,802,000,000 | 23,358,000,000 | 23,956,000,000 | 22,959,000,000 | 21,641,000,000 | 24,438,000,000 | 23,108,000,000 | 20,718,000,000 | 24,075,000,000 | 26,507,000,000 | 23,823,000,000 | 24,791,000,000 | 24,591,000,000 | 28,683,000,000 | 30,103,000,000 | 28,618,000,000 |
liabilities, redeemable noncontrolling interests, and equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities | 2,208,000,000 | 2,861,000,000 | 2,398,000,000 | 2,294,000,000 | 2,088,000,000 | 2,905,000,000 | 2,588,000,000 | 2,319,000,000 | 1,925,000,000 | 1,749,000,000 | 1,625,000,000 | 1,681,000,000 | 2,114,000,000 | 1,798,000,000 | 1,728,000,000 | 1,728,000,000 | 2,192,000,000 | 1,995,000,000 | 1,692,000,000 | 1,628,000,000 | 2,016,000,000 | 1,608,000,000 | 1,488,000,000 | 1,549,000,000 | 1,939,000,000 | 1,499,000,000 | 1,369,000,000 | 1,479,000,000 | 1,943,000,000 | 1,600,000,000 | 1,447,000,000 | 1,545,000,000 | 1,588,000,000 | 1,423,000,000 | 1,332,000,000 | 1,801,000,000 | 1,477,000,000 | 1,373,000,000 | 1,420,000,000 | 1,772,000,000 | 1,447,000,000 | 1,368,000,000 | 1,391,000,000 | 1,528,000,000 | 1,498,000,000 | 1,499,000,000 | 1,440,000,000 | 1,339,000,000 | 1,432,000,000 | 1,611,000,000 | 1,557,000,000 | 1,544,000,000 | 1,281,000,000 | 1,192,000,000 | 1,269,000,000 | 1,377,000,000 | 1,392,000,000 | 1,336,000,000 | 1,180,000,000 | 1,207,000,000 | 1,206,000,000 | ||||||
short-term debt and current portion of long-term debt | 1,121,000,000 | 589,000,000 | 1,735,000,000 | 1,837,000,000 | 1,348,000,000 | 751,000,000 | 4,000,000 | 606,000,000 | 1,282,000,000 | 1,338,000,000 | 775,000,000 | 945,000,000 | 711,000,000 | 739,000,000 | 599,000,000 | 1,164,000,000 | 150,000,000 | 13,000,000 | 448,000,000 | 472,000,000 | 782,000,000 | 1,884,000,000 | 712,000,000 | 1,148,000,000 | 844,000,000 | 426,000,000 | 251,000,000 | 741,000,000 | 799,000,000 | 403,000,000 | 305,000,000 | 292,000,000 | 667,000,000 | 336,000,000 | 250,000,000 | 251,000,000 | 695,000,000 | 562,000,000 | 1,327,000,000 | 1,237,000,000 | 966,000,000 | 660,000,000 | 799,000,000 | 1,077,000,000 | 802,000,000 | 392,000,000 | 286,000,000 | 163,000,000 | 52,000,000 | 502,000,000 | 610,000,000 | 370,000,000 | 84,000,000 | ||||||||||||||
fiduciary liabilities | 18,905,000,000 | 17,889,000,000 | 18,781,000,000 | 20,677,000,000 | 17,766,000,000 | 17,566,000,000 | 17,596,000,000 | 18,865,000,000 | 17,161,000,000 | 15,965,000,000 | 18,193,000,000 | 16,629,000,000 | 15,900,000,000 | 14,699,000,000 | 16,864,000,000 | 15,277,000,000 | 14,386,000,000 | 14,017,000,000 | 15,804,000,000 | 13,894,000,000 | 13,798,000,000 | 13,549,000,000 | 13,794,000,000 | 12,401,000,000 | 11,834,000,000 | 11,041,000,000 | 12,071,000,000 | 11,412,000,000 | 10,166,000,000 | 9,314,000,000 | 10,476,000,000 | 10,738,000,000 | 9,292,000,000 | 9,582,000,000 | 9,162,000,000 | 9,485,000,000 | 8,710,000,000 | 10,201,000,000 | 9,776,000,000 | 9,932,000,000 | 9,956,000,000 | 11,389,000,000 | 10,894,000,000 | 10,815,000,000 | 12,786,000,000 | 12,038,000,000 | 12,224,000,000 | 12,736,000,000 | 11,795,000,000 | 10,315,000,000 | 11,760,000,000 | 10,609,000,000 | 9,545,000,000 | 12,226,000,000 | 11,089,000,000 | 9,551,000,000 | 12,323,000,000 | 11,239,000,000 | 9,109,000,000 | 11,358,000,000 | |||||||
other current liabilities | 2,303,000,000 | 1,887,000,000 | 2,189,000,000 | 2,267,000,000 | 2,131,000,000 | 1,773,000,000 | 1,914,000,000 | 2,310,000,000 | 2,146,000,000 | 1,726,000,000 | 1,793,000,000 | 1,510,000,000 | 1,347,000,000 | 1,480,000,000 | 1,746,000,000 | 1,585,000,000 | 1,331,000,000 | 1,348,000,000 | 1,418,000,000 | 1,301,000,000 | 1,171,000,000 | 1,241,000,000 | 1,319,000,000 | 1,277,000,000 | 1,086,000,000 | 1,163,000,000 | 1,197,000,000 | 1,220,000,000 | 936,000,000 | 988,000,000 | 1,121,000,000 | 972,000,000 | 1,289,000,000 | 2,078,000,000 | 773,000,000 | 873,000,000 | 929,000,000 | 872,000,000 | 902,000,000 | 820,000,000 | 811,000,000 | 845,000,000 | 865,000,000 | 853,000,000 | 957,000,000 | 967,000,000 | 795,000,000 | 733,000,000 | 739,000,000 | 676,000,000 | 618,000,000 | 604,000,000 | 383,000,000 | 350,000,000 | 334,000,000 | 277,000,000 | 345,000,000 | 308,000,000 | 346,000,000 | 694,000,000 | 286,000,000 | ||||||
total current liabilities | 24,537,000,000 | 23,226,000,000 | 25,103,000,000 | 27,075,000,000 | 23,333,000,000 | 22,995,000,000 | 22,098,000,000 | 23,498,000,000 | 21,838,000,000 | 20,722,000,000 | 22,949,000,000 | 20,595,000,000 | 20,306,000,000 | 18,688,000,000 | 21,077,000,000 | 19,189,000,000 | 19,073,000,000 | 17,510,000,000 | 18,927,000,000 | 16,823,000,000 | 17,433,000,000 | 16,870,000,000 | 17,383,000,000 | 17,111,000,000 | 15,571,000,000 | 14,851,000,000 | 15,481,000,000 | 14,537,000,000 | 13,296,000,000 | 12,643,000,000 | 13,843,000,000 | 13,658,000,000 | 12,474,000,000 | 13,375,000,000 | 12,970,000,000 | 12,495,000,000 | 11,366,000,000 | 12,697,000,000 | 12,793,000,000 | 13,086,000,000 | 13,541,000,000 | 14,839,000,000 | 14,116,000,000 | 13,856,000,000 | 16,040,000,000 | 15,581,000,000 | 15,261,000,000 | 15,200,000,000 | 14,252,000,000 | 12,765,000,000 | 13,987,000,000 | 13,259,000,000 | 11,819,000,000 | 14,138,000,000 | 12,776,000,000 | 11,217,000,000 | 14,859,000,000 | 13,111,000,000 | 10,638,000,000 | 13,259,000,000 | 15,743,000,000 | ||||||
long-term debt | 13,542,000,000 | 14,660,000,000 | 15,055,000,000 | 15,451,000,000 | 16,284,000,000 | 16,265,000,000 | 17,090,000,000 | 17,610,000,000 | 15,916,000,000 | 9,969,000,000 | 9,989,000,000 | 10,577,000,000 | 9,825,000,000 | 10,116,000,000 | 9,666,000,000 | 9,685,000,000 | 8,228,000,000 | 8,250,000,000 | 7,272,000,000 | 7,263,000,000 | 7,281,000,000 | 7,251,000,000 | 7,229,000,000 | 6,227,000,000 | 6,627,000,000 | 6,120,000,000 | 6,740,000,000 | 5,990,000,000 | 5,993,000,000 | 5,665,000,000 | 5,659,000,000 | 5,697,000,000 | 5,662,000,000 | 5,631,000,000 | 5,610,000,000 | 5,869,000,000 | 5,910,000,000 | 5,907,000,000 | 5,902,000,000 | 5,175,000,000 | 4,799,000,000 | 4,824,000,000 | 4,710,000,000 | 4,840,000,000 | 5,155,000,000 | 3,669,000,000 | 3,770,000,000 | 4,098,000,000 | 4,168,000,000 | 4,415,000,000 | 4,479,000,000 | 4,409,000,000 | 3,146,000,000 | 1,601,000,000 | 2,013,000,000 | 1,998,000,000 | 1,249,000,000 | 1,848,000,000 | 1,964,000,000 | 2,022,000,000 | 1,995,000,000 | ||||||
non-current operating lease liabilities | 633,000,000 | 641,000,000 | 651,000,000 | 705,000,000 | 689,000,000 | 685,000,000 | 712,000,000 | 702,000,000 | 611,000,000 | 640,000,000 | 675,000,000 | 681,000,000 | 693,000,000 | 667,000,000 | 691,000,000 | 736,000,000 | 772,000,000 | 817,000,000 | 841,000,000 | 849,000,000 | 897,000,000 | 910,000,000 | 947,000,000 | 910,000,000 | 944,000,000 | 922,000,000 | 962,000,000 | 978,000,000 | |||||||||||||||||||||||||||||||||||||||
deferred tax liabilities | 350,000,000 | 340,000,000 | 361,000,000 | 363,000,000 | 384,000,000 | 319,000,000 | 1,086,000,000 | 1,177,000,000 | 129,000,000 | 117,000,000 | 120,000,000 | 110,000,000 | 99,000,000 | 332,000,000 | 364,000,000 | 399,000,000 | 401,000,000 | 414,000,000 | 417,000,000 | 293,000,000 | 262,000,000 | 223,000,000 | 200,000,000 | 189,000,000 | 199,000,000 | 209,000,000 | 211,000,000 | 205,000,000 | 181,000,000 | 273,000,000 | 294,000,000 | 243,000,000 | 83,000,000 | 84,000,000 | 112,000,000 | 101,000,000 | |||||||||||||||||||||||||||||||
pension, other postretirement, and postemployment liabilities | 1,028,000,000 | 1,084,000,000 | 1,052,000,000 | 1,078,000,000 | 1,101,000,000 | 1,127,000,000 | 1,168,000,000 | 1,173,000,000 | 1,198,000,000 | 1,146,000,000 | 1,159,000,000 | 1,169,000,000 | 1,186,000,000 | 1,237,000,000 | 1,277,000,000 | 1,320,000,000 | 1,375,000,000 | 1,607,000,000 | 1,644,000,000 | 1,681,000,000 | 1,763,000,000 | 1,597,000,000 | 1,641,000,000 | 1,655,000,000 | 1,738,000,000 | 1,551,000,000 | 1,576,000,000 | 1,590,000,000 | 1,636,000,000 | 1,603,000,000 | 1,715,000,000 | 1,759,000,000 | |||||||||||||||||||||||||||||||||||
other non-current liabilities | 1,359,000,000 | 1,285,000,000 | 1,216,000,000 | 1,249,000,000 | 1,239,000,000 | 1,144,000,000 | 1,178,000,000 | 1,135,000,000 | 1,103,000,000 | 1,004,000,000 | 995,000,000 | 1,063,000,000 | 1,024,000,000 | 853,000,000 | 857,000,000 | 871,000,000 | 910,000,000 | 919,000,000 | 912,000,000 | 905,000,000 | 895,000,000 | 888,000,000 | 900,000,000 | 930,000,000 | 877,000,000 | 953,000,000 | 924,000,000 | 973,000,000 | 1,097,000,000 | 1,090,000,000 | 1,088,000,000 | 1,105,000,000 | 846,000,000 | 858,000,000 | 733,000,000 | 844,000,000 | 759,000,000 | 767,000,000 | 838,000,000 | 769,000,000 | 1,091,000,000 | 1,140,000,000 | 1,131,000,000 | 1,422,000,000 | 1,289,000,000 | 1,248,000,000 | 1,338,000,000 | 1,332,000,000 | 1,363,000,000 | 1,743,000,000 | 1,792,000,000 | 1,798,000,000 | 876,000,000 | 1,023,000,000 | 943,000,000 | 1,051,000,000 | 1,019,000,000 | 1,041,000,000 | 1,033,000,000 | 1,043,000,000 | 1,029,000,000 | ||||||
total liabilities | 41,449,000,000 | 41,236,000,000 | 43,438,000,000 | 45,921,000,000 | 43,030,000,000 | 42,535,000,000 | 43,332,000,000 | 45,295,000,000 | 40,795,000,000 | 33,598,000,000 | 35,887,000,000 | 34,195,000,000 | 33,133,000,000 | 31,893,000,000 | 33,932,000,000 | 32,200,000,000 | 30,759,000,000 | 29,517,000,000 | 30,013,000,000 | 27,814,000,000 | 28,531,000,000 | 27,739,000,000 | 28,300,000,000 | 27,022,000,000 | 25,956,000,000 | 24,606,000,000 | 25,894,000,000 | 24,273,000,000 | 22,203,000,000 | 21,274,000,000 | 22,599,000,000 | 22,462,000,000 | 20,677,000,000 | 21,636,000,000 | 21,156,000,000 | 21,083,000,000 | 19,758,000,000 | 21,132,000,000 | 21,466,000,000 | 21,001,000,000 | 21,264,000,000 | 22,747,000,000 | 21,958,000,000 | 21,555,000,000 | 24,017,000,000 | 22,071,000,000 | 22,396,000,000 | 22,597,000,000 | 21,855,000,000 | 20,466,000,000 | 22,031,000,000 | 21,315,000,000 | 17,514,000,000 | 18,478,000,000 | 17,502,000,000 | 15,511,000,000 | 18,430,000,000 | 17,446,000,000 | 14,771,000,000 | 17,620,000,000 | 20,055,000,000 | 18,208,000,000 | 19,447,000,000 | 19,331,000,000 | 23,311,000,000 | 24,711,000,000 | 23,310,000,000 |
redeemable noncontrolling interests | 22,000,000 | 89,000,000 | 85,000,000 | 81,000,000 | 79,000,000 | 125,000,000 | 135,000,000 | 130,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ordinary shares - 0.01 nominal value authorized: 500.0 shares | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 13,453,000,000 | 13,438,000,000 | 13,379,000,000 | 13,258,000,000 | 13,198,000,000 | 13,173,000,000 | 13,045,000,000 | 12,910,000,000 | 6,969,000,000 | 7,015,000,000 | 6,906,000,000 | 6,860,000,000 | 6,864,000,000 | 6,772,000,000 | 6,669,000,000 | 6,627,000,000 | 6,624,000,000 | 6,529,000,000 | 6,381,000,000 | 6,348,000,000 | 6,312,000,000 | 6,216,000,000 | 6,144,000,000 | 6,121,000,000 | 6,152,000,000 | 6,084,000,000 | 6,002,000,000 | 5,958,000,000 | 5,965,000,000 | 5,850,000,000 | 5,772,000,000 | 5,743,000,000 | 5,670,000,000 | 5,587,000,000 | 5,567,000,000 | 5,577,000,000 | 5,522,000,000 | 5,434,000,000 | 5,388,000,000 | 5,409,000,000 | 5,318,000,000 | 5,226,000,000 | 5,177,000,000 | 5,012,000,000 | 4,933,000,000 | 4,860,000,000 | 4,507,000,000 | 4,279,000,000 | 3,913,000,000 | 3,975,000,000 | 3,946,000,000 | 3,942,000,000 | 3,135,000,000 | 3,134,000,000 | 3,135,000,000 | 3,166,000,000 | 3,160,000,000 | 3,129,000,000 | 3,153,000,000 | 3,107,000,000 | 3,066,000,000 | 2,741,000,000 | 2,704,000,000 | 2,619,000,000 | 2,463,000,000 | ||
retained earnings | 307,000,000 | -1,694,000,000 | -445,000,000 | 1,823,000,000 | 1,801,000,000 | 1,042,000,000 | 1,423,000,000 | 1,751,000,000 | 1,455,000,000 | 1,254,000,000 | 1,436,000,000 | 1,669,000,000 | 2,555,000,000 | 2,093,000,000 | 2,042,000,000 | 2,295,000,000 | 2,747,000,000 | 2,914,000,000 | 3,574,000,000 | 3,934,000,000 | 3,807,000,000 | 3,702,000,000 | 3,784,000,000 | 3,600,000,000 | 4,117,000,000 | 4,015,000,000 | 4,405,000,000 | 4,612,000,000 | 4,718,000,000 | 4,982,000,000 | 5,403,000,000 | 5,844,000,000 | 6,302,000,000 | 8,770,000,000 | 8,377,000,000 | 8,233,000,000 | 8,039,000,000 | 7,700,000,000 | 7,605,000,000 | 7,500,000,000 | 7,189,000,000 | 7,132,000,000 | 7,034,000,000 | 6,868,000,000 | 6,807,000,000 | 5,767,000,000 | 5,452,000,000 | 5,303,000,000 | 5,141,000,000 | 4,897,000,000 | 4,843,000,000 | 4,711,000,000 | |||||||||||||||
accumulated other comprehensive loss | -3,928,000,000 | -3,843,000,000 | -3,915,000,000 | -3,843,000,000 | -4,456,000,000 | -4,745,000,000 | -4,121,000,000 | -4,478,000,000 | -4,404,000,000 | -4,579,000,000 | -4,338,000,000 | -4,544,000,000 | -4,623,000,000 | -4,919,000,000 | -4,260,000,000 | -3,843,000,000 | -3,871,000,000 | -3,877,000,000 | -3,744,000,000 | -3,891,000,000 | -3,861,000,000 | -4,099,000,000 | -4,296,000,000 | -4,409,000,000 | -4,033,000,000 | -4,030,000,000 | -3,837,000,000 | -3,740,000,000 | -3,909,000,000 | -3,632,000,000 | -3,524,000,000 | -3,191,000,000 | -3,412,000,000 | -3,677,000,000 | -3,750,000,000 | -3,912,000,000 | -3,793,000,000 | -3,722,000,000 | -3,710,000,000 | -3,423,000,000 | -3,453,000,000 | -3,236,000,000 | -3,427,000,000 | -2,518,000,000 | -2,218,000,000 | -2,320,000,000 | -2,775,000,000 | ||||||||||||||||||||
total aon shareholders' equity | 9,834,000,000 | 9,352,000,000 | 7,939,000,000 | 7,843,000,000 | 7,004,000,000 | 6,121,000,000 | 6,244,000,000 | 5,860,000,000 | 65,000,000 | -529,000,000 | -783,000,000 | 684,000,000 | 1,177,000,000 | 1,061,000,000 | 2,209,000,000 | 4,462,000,000 | 4,260,000,000 | 3,495,000,000 | 3,542,000,000 | 3,601,000,000 | 3,169,000,000 | 3,375,000,000 | 3,492,000,000 | 3,836,000,000 | 4,775,000,000 | 4,151,000,000 | 4,262,000,000 | 4,545,000,000 | 5,301,000,000 | 5,175,000,000 | 5,487,000,000 | 5,754,000,000 | 5,475,000,000 | 5,434,000,000 | 5,499,000,000 | 5,281,000,000 | 6,106,000,000 | 5,883,000,000 | 6,398,000,000 | 6,365,000,000 | 7,215,000,000 | ||||||||||||||||||||||||||
nonredeemable noncontrolling interests | 124,000,000 | 107,000,000 | 175,000,000 | 165,000,000 | 191,000,000 | 184,000,000 | 174,000,000 | 168,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total equity | 9,958,000,000 | 9,459,000,000 | 8,114,000,000 | 8,008,000,000 | 7,195,000,000 | 6,305,000,000 | 6,418,000,000 | 6,028,000,000 | 162,000,000 | 58,000,000 | -429,000,000 | -670,000,000 | 788,000,000 | 1,291,000,000 | 1,158,000,000 | 2,299,000,000 | 4,567,000,000 | 4,361,000,000 | 3,583,000,000 | 3,620,000,000 | 3,695,000,000 | 3,260,000,000 | 3,449,000,000 | 3,561,000,000 | 3,913,000,000 | 4,862,000,000 | 4,219,000,000 | 4,328,000,000 | 4,618,000,000 | 5,385,000,000 | 5,247,000,000 | 5,553,000,000 | 5,826,000,000 | 5,532,000,000 | 5,494,000,000 | 5,561,000,000 | 5,347,000,000 | 6,163,000,000 | 5,942,000,000 | 6,456,000,000 | 6,431,000,000 | 7,272,000,000 | 7,759,000,000 | 8,006,000,000 | 7,633,000,000 | 8,210,000,000 | 8,416,000,000 | 8,279,000,000 | 8,465,000,000 | 8,487,000,000 | 5,844,000,000 | 5,478,000,000 | 5,457,000,000 | 6,130,000,000 | 6,008,000,000 | 5,662,000,000 | |||||||||||
total liabilities, redeemable noncontrolling interests and equity | 51,429,000,000 | 51,637,000,000 | 54,010,000,000 | 50,304,000,000 | 49,885,000,000 | 51,453,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -245,000,000 | -1,527,000,000 | -1,574,000,000 | -1,740,000,000 | -2,309,000,000 | -2,682,000,000 | -2,574,000,000 | -2,700,000,000 | -3,024,000,000 | -2,505,000,000 | -2,388,000,000 | -2,772,000,000 | -2,638,000,000 | -1,727,000,000 | -1,609,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, redeemable noncontrolling interests, and equity | 50,784,000,000 | 48,965,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total aon shareholders' deficit | -133,000,000 | -586,000,000 | -70,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | 105,000,000 | 100,000,000 | 97,000,000 | 128,000,000 | 100,000,000 | 113,000,000 | 104,000,000 | 114,000,000 | 97,000,000 | 90,000,000 | 105,000,000 | 101,000,000 | 88,000,000 | 78,000,000 | 94,000,000 | 91,000,000 | 74,000,000 | 69,000,000 | 77,000,000 | 87,000,000 | 68,000,000 | 66,000,000 | 73,000,000 | 84,000,000 | 72,000,000 | 66,000,000 | 72,000,000 | 57,000,000 | 60,000,000 | 62,000,000 | 66,000,000 | 57,000,000 | 59,000,000 | 58,000,000 | 66,000,000 | 57,000,000 | 59,000,000 | 60,000,000 | 54,000,000 | 58,000,000 | 58,000,000 | 46,000,000 | 67,000,000 | 64,000,000 | 52,000,000 | 50,000,000 | 55,000,000 | 140,000,000 | 142,000,000 | 109,000,000 | |||||||||||||||||
total deficit | -28,000,000 | -486,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and equity | 40,767,000,000 | 33,112,000,000 | 36,049,000,000 | 34,253,000,000 | 32,704,000,000 | 31,223,000,000 | 34,720,000,000 | 33,491,000,000 | 31,917,000,000 | 31,816,000,000 | 34,580,000,000 | 32,175,000,000 | 32,114,000,000 | 31,359,000,000 | 31,995,000,000 | 30,282,000,000 | 29,405,000,000 | 28,167,000,000 | 29,807,000,000 | 29,135,000,000 | 26,422,000,000 | 25,602,000,000 | 27,217,000,000 | 27,847,000,000 | 25,924,000,000 | 27,189,000,000 | 26,982,000,000 | 26,615,000,000 | 25,252,000,000 | 26,693,000,000 | 26,813,000,000 | 27,164,000,000 | 27,206,000,000 | 29,203,000,000 | 28,389,000,000 | 28,827,000,000 | 31,776,000,000 | 30,077,000,000 | 30,029,000,000 | 30,807,000,000 | 30,271,000,000 | 28,745,000,000 | 30,496,000,000 | 29,802,000,000 | 23,358,000,000 | 23,956,000,000 | 22,959,000,000 | 21,641,000,000 | 24,438,000,000 | 23,108,000,000 | |||||||||||||||||
ordinary shares - 0.01 nominal value authorized: 500 shares | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ordinary shares - 0.01 nominal value authorized: 2020 - 500 shares; 2019 - 750 shares | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ordinary shares - 0.01 nominal value authorized: 750 shares | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||
current assets of discontinued operations | 3,186,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-current assets of discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities of discontinued operations | 1,036,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension, other postretirement and postemployment liabilities | 1,612,000,000 | 1,688,000,000 | 1,731,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-current liabilities of discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension, other post retirement, and post employment liabilities | 1,774,000,000 | 1,795,000,000 | 2,072,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-current deferred tax assets | 278,000,000 | 265,000,000 | 171,000,000 | 141,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-current deferred tax liabilities | 36,000,000 | 39,000,000 | 177,000,000 | 176,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension, other post-retirement and post-employment liabilities | 1,687,000,000 | 1,722,000,000 | 1,756,000,000 | 1,833,000,000 | 1,944,000,000 | 2,001,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments | 143,000,000 | 138,000,000 | 143,000,000 | 152,000,000 | 200,000,000 | 211,000,000 | 254,000,000 | 249,000,000 | 318,000,000 | 301,000,000 | 301,000,000 | 308,000,000 | 297,000,000 | 296,000,000 | 313,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
pension, other post-retirement and other post-employment liabilities | 1,437,000,000 | 1,533,000,000 | 1,573,000,000 | 2,027,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total aon shareholders’ equity | 7,700,000,000 | 7,946,000,000 | 7,579,000,000 | 8,152,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension and other post employment liabilities | 1,967,000,000 | 1,543,000,000 | 1,773,000,000 | 1,849,000,000 | 1,673,000,000 | 1,716,000,000 | 1,770,000,000 | 1,245,000,000 | 1,303,000,000 | 1,446,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ordinary shares | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares at cost | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock-1 par value | 386,000,000 | 361,000,000 | 361,000,000 | 361,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
authorized: 750 shares | 386,000,000 | 386,000,000 | 386,000,000 | 363,000,000 | 363,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total aon stockholders’ equity | 8,358,000,000 | 8,233,000,000 | 8,398,000,000 | 8,423,000,000 | 5,792,000,000 | 5,428,000,000 | 5,402,000,000 | 5,990,000,000 | 5,866,000,000 | 5,553,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock-1 par value authorized: 750 shares | 363,000,000 | 363,000,000 | 363,000,000 | 363,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets held for sale | 189,000,000 | 188,000,000 | 31,000,000 | 4,446,000,000 | 4,672,000,000 | 3,998,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other intangible assets | 763,000,000 | 776,000,000 | 738,000,000 | 222,000,000 | 245,000,000 | 239,000,000 | 203,000,000 | 202,000,000 | 197,000,000 | 136,000,000 | 136,000,000 | 110,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term debt | 12,000,000 | 681,000,000 | 104,000,000 | 84,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities held for sale | 118,000,000 | 124,000,000 | 3,000,000 | 2,978,000,000 | 3,976,000,000 | 3,356,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
aon stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash | 478,000,000 | 466,000,000 | 452,000,000 | 321,000,000 | 406,000,000 | 351,000,000 | 461,000,000 | 425,000,000 | 451,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term investments | 370,000,000 | 414,000,000 | 416,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension, post employment and post retirement liabilities | 1,136,000,000 | 1,296,000,000 | 1,288,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 5,947,000,000 | 6,455,000,000 | 6,452,000,000 | 5,344,000,000 | 5,260,000,000 | 5,372,000,000 | 5,392,000,000 | 5,308,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 20,718,000,000 | 24,075,000,000 | 26,507,000,000 | 24,791,000,000 | 24,591,000,000 | 28,683,000,000 | 30,103,000,000 | 28,618,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net fiduciary assets | 11,189,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net fiduciary liabilities | 11,189,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities at fair value | 2,970,000,000 | 2,920,000,000 | 2,888,000,000 | 2,962,000,000 | 2,802,000,000 | 4,152,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities at fair value | 39,000,000 | 39,000,000 | 58,000,000 | 66,000,000 | 48,000,000 | 47,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investments | 380,000,000 | 389,000,000 | 406,000,000 | 397,000,000 | 400,000,000 | 400,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total investments | 7,485,000,000 | 7,547,000,000 | 7,666,000,000 | 7,072,000,000 | 7,386,000,000 | 9,301,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
risk and insurance brokerage services and consulting | 7,995,000,000 | 8,951,000,000 | 8,624,000,000 | 8,062,000,000 | 9,427,000,000 | 8,414,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables | 301,000,000 | 304,000,000 | 348,000,000 | 845,000,000 | 1,143,000,000 | 1,549,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total receivables | 8,296,000,000 | 9,255,000,000 | 8,972,000,000 | 8,907,000,000 | 10,570,000,000 | 9,963,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred policy acquisition costs | 576,000,000 | 562,000,000 | 544,000,000 | 524,000,000 | 538,000,000 | 1,230,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment | 520,000,000 | 526,000,000 | 507,000,000 | 499,000,000 | 507,000,000 | 524,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 1,539,000,000 | 1,554,000,000 | 1,656,000,000 | 2,002,000,000 | 2,153,000,000 | 2,616,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance premiums payable | 9,457,000,000 | 10,581,000,000 | 10,410,000,000 | 9,332,000,000 | 10,976,000,000 | 10,165,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
policy liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
future policy benefits | 1,909,000,000 | 1,863,000,000 | 1,812,000,000 | 1,764,000,000 | 1,731,000,000 | 1,695,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
policy and contract claims | 644,000,000 | 640,000,000 | 647,000,000 | 1,468,000,000 | 1,619,000,000 | 1,848,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unearned and advance premiums | 337,000,000 | 409,000,000 | 410,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other policyholder funds | 29,000,000 | 27,000,000 | 26,000,000 | 23,000,000 | 23,000,000 | 22,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total policy liabilities | 2,919,000,000 | 2,939,000,000 | 2,895,000,000 | 3,619,000,000 | 3,871,000,000 | 6,629,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general expenses | 1,553,000,000 | 1,483,000,000 | 1,585,000,000 | 1,544,000,000 | 1,504,000,000 | 1,694,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term borrowings | 14,000,000 | 4,000,000 | 1,000,000 | 268,000,000 | 21,000,000 | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable | 1,994,000,000 | 2,182,000,000 | 2,072,000,000 | 2,075,000,000 | 2,082,000,000 | 2,012,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension, post-employment and post-retirement liabilities | 1,436,000,000 | 1,430,000,000 | 1,407,000,000 | 1,734,000,000 | 1,646,000,000 | 1,545,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 835,000,000 | 828,000,000 | 961,000,000 | 763,000,000 | 1,255,000,000 | 1,261,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - 1 par value | 350,000,000 | 350,000,000 | 347,000,000 | 347,000,000 | 347,000,000 | 346,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 5,615,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 23,823,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unearned and advance premiums and contract fees | 364,000,000 | 498,000,000 | 3,064,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less - treasury stock at cost | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
paid-in additional capital | 2,436,000,000 | 2,412,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-03-31 | 2012-06-30 | 2012-03-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 1,239,000,000 | 1,704,000,000 | 470,000,000 | 594,000,000 | 982,000,000 | 734,000,000 | 355,000,000 | 538,000,000 | 1,093,000,000 | 467,000,000 | 575,000,000 | 1,079,000,000 | 666,000,000 | 418,000,000 | 514,000,000 | 1,048,000,000 | 873,000,000 | -891,000,000 | 393,000,000 | 933,000,000 | 534,000,000 | 282,000,000 | 411,000,000 | 791,000,000 | 382,000,000 | 228,000,000 | 287,000,000 | 676,000,000 | 353,000,000 | 153,000,000 | 58,000,000 | 610,000,000 | 192,000,000 | 778,000,000 | 305,000,000 | 509,000,000 | 314,000,000 | 280,000,000 | 327,000,000 | 590,000,000 | 303,000,000 | 188,000,000 | 341,000,000 | 315,000,000 | 313,000,000 | 336,000,000 | 272,000,000 | 254,000,000 | 249,000,000 | 208,000,000 | 267,000,000 | 255,000,000 | 147,000,000 | 158,000,000 | 186,000,000 | 134,000,000 | 155,000,000 | 285,000,000 | 117,000,000 | 1,133,000,000 | 218,000,000 | 204,000,000 | 240,000,000 | 213,000,000 | 106,000,000 | 193,000,000 | 198,000,000 |
adjustments to reconcile net income to cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain from sales of businesses | -20,000,000 | -1,200,000,000 | -4,000,000 | -76,000,000 | -1,000,000 | -6,000,000 | -22,000,000 | -25,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation of fixed assets | 46,000,000 | 48,000,000 | 47,000,000 | 47,000,000 | 46,000,000 | 47,000,000 | 47,000,000 | 45,000,000 | 44,000,000 | 42,000,000 | 39,000,000 | 38,000,000 | 36,000,000 | 37,000,000 | 40,000,000 | 38,000,000 | 41,000,000 | 56,000,000 | 41,000,000 | 41,000,000 | 43,000,000 | 42,000,000 | 41,000,000 | 41,000,000 | 48,000,000 | 44,000,000 | 40,000,000 | 40,000,000 | 50,000,000 | 40,000,000 | 47,000,000 | 39,000,000 | 40,000,000 | 54,000,000 | 54,000,000 | 61,000,000 | 57,000,000 | 58,000,000 | 56,000,000 | 60,000,000 | 56,000,000 | 57,000,000 | 56,000,000 | 61,000,000 | 62,000,000 | 60,000,000 | 59,000,000 | 57,000,000 | 55,000,000 | 53,000,000 | 58,000,000 | 53,000,000 | 31,000,000 | ||||||||||||||
amortization and impairment of intangible assets | 152,000,000 | 185,000,000 | 193,000,000 | 201,000,000 | 199,000,000 | 185,000,000 | 174,000,000 | 128,000,000 | 16,000,000 | 20,000,000 | 25,000,000 | 25,000,000 | 26,000,000 | 34,000,000 | 25,000,000 | 28,000,000 | 35,000,000 | 36,000,000 | 36,000,000 | 40,000,000 | 41,000,000 | 50,000,000 | 58,000,000 | 97,000,000 | 97,000,000 | 101,000,000 | 97,000,000 | 97,000,000 | 101,000,000 | 100,000,000 | 282,000,000 | 110,000,000 | 101,000,000 | ||||||||||||||||||||||||||||||||||
share-based compensation expense | 82,000,000 | 60,000,000 | 106,000,000 | 119,000,000 | 147,000,000 | 113,000,000 | 114,000,000 | 117,000,000 | 130,000,000 | 95,000,000 | 99,000,000 | 127,000,000 | 93,000,000 | 93,000,000 | 92,000,000 | 119,000,000 | 103,000,000 | 130,000,000 | 85,000,000 | 131,000,000 | 105,000,000 | 67,000,000 | 64,000,000 | 76,000,000 | 65,000,000 | 72,000,000 | 91,000,000 | 89,000,000 | 124,000,000 | 67,000,000 | 70,000,000 | 77,000,000 | 66,000,000 | 70,000,000 | 78,000,000 | 103,000,000 | 73,000,000 | 70,000,000 | 85,000,000 | 101,000,000 | 75,000,000 | 74,000,000 | 90,000,000 | 72,000,000 | 73,000,000 | 102,000,000 | 69,000,000 | ||||||||||||||||||||
deferred income taxes | -49,000,000 | 95,000,000 | 6,000,000 | -125,000,000 | -117,000,000 | -165,000,000 | -24,000,000 | -46,000,000 | -76,000,000 | -64,000,000 | -98,000,000 | -70,000,000 | -165,000,000 | -51,000,000 | -18,000,000 | -18,000,000 | -72,000,000 | -32,000,000 | 96,000,000 | 19,000,000 | 13,000,000 | 11,000,000 | -9,000,000 | -6,000,000 | 8,000,000 | -19,000,000 | 0 | -25,000,000 | -97,000,000 | -35,000,000 | -119,000,000 | 26,000,000 | 19,000,000 | -225,000,000 | -2,000,000 | -17,000,000 | -22,000,000 | -8,000,000 | 23,000,000 | -140,000,000 | -99,000,000 | 9,000,000 | 7,000,000 | 59,000,000 | 8,000,000 | 10,000,000 | 13,000,000 | 7,000,000 | 16,000,000 | -14,000,000 | 6,000,000 | 11,000,000 | 78,000,000 | -11,000,000 | 14,000,000 | ||||||||||||
other | 1,000,000 | -17,000,000 | -5,000,000 | -94,000,000 | -17,000,000 | -8,000,000 | -14,000,000 | -30,000,000 | -82,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables | -905,000,000 | 85,000,000 | 560,000,000 | -160,000,000 | -742,000,000 | 72,000,000 | 575,000,000 | -133,000,000 | -826,000,000 | 414,000,000 | -40,000,000 | -664,000,000 | 50,000,000 | 528,000,000 | -130,000,000 | -544,000,000 | -40,000,000 | 398,000,000 | 8,000,000 | -485,000,000 | -85,000,000 | 455,000,000 | 281,000,000 | -543,000,000 | -204,000,000 | 310,000,000 | -19,000,000 | -458,000,000 | -116,000,000 | 360,000,000 | -102,000,000 | -269,000,000 | 169,000,000 | -63,000,000 | 38,000,000 | -375,000,000 | 114,000,000 | 65,000,000 | 110,000,000 | -315,000,000 | 173,000,000 | 10,000,000 | 49,000,000 | 105,000,000 | 102,000,000 | 13,000,000 | 174,000,000 | 20,000,000 | 61,000,000 | 108,000,000 | -43,000,000 | 45,000,000 | |||||||||||||||
accounts payable and accrued liabilities | -656,000,000 | 388,000,000 | 195,000,000 | 108,000,000 | -846,000,000 | 429,000,000 | 215,000,000 | 92,000,000 | -343,000,000 | 158,000,000 | -72,000,000 | -443,000,000 | 233,000,000 | 153,000,000 | 41,000,000 | -449,000,000 | 242,000,000 | 317,000,000 | 61,000,000 | -356,000,000 | 377,000,000 | 132,000,000 | -48,000,000 | -275,000,000 | 357,000,000 | 194,000,000 | -125,000,000 | -454,000,000 | 356,000,000 | 164,000,000 | -56,000,000 | -439,000,000 | 140,000,000 | 13,000,000 | -390,000,000 | 341,000,000 | 112,000,000 | -41,000,000 | -348,000,000 | 502,000,000 | 122,000,000 | -71,000,000 | -466,000,000 | 84,000,000 | -24,000,000 | -468,000,000 | -417,000,000 | ||||||||||||||||||||
accelerating aon united program liabilities | 14,000,000 | 56,000,000 | -44,000,000 | 21,000,000 | -6,000,000 | -26,000,000 | -18,000,000 | 27,000,000 | 34,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current income taxes | 243,000,000 | 255,000,000 | -68,000,000 | -225,000,000 | 152,000,000 | -179,000,000 | -103,000,000 | 163,000,000 | 5,000,000 | -73,000,000 | 126,000,000 | 80,000,000 | -1,000,000 | -16,000,000 | 153,000,000 | 153,000,000 | -36,000,000 | -59,000,000 | 142,000,000 | -51,000,000 | -152,000,000 | 45,000,000 | 141,000,000 | -23,000,000 | -7,000,000 | -108,000,000 | 118,000,000 | 171,000,000 | 7,000,000 | -174,000,000 | 30,000,000 | -760,000,000 | 31,000,000 | -56,000,000 | 78,000,000 | 6,000,000 | -4,000,000 | -31,000,000 | 185,000,000 | 83,000,000 | -179,000,000 | 27,000,000 | -66,000,000 | -147,000,000 | 2,000,000 | -65,000,000 | 7,000,000 | 41,000,000 | 50,000,000 | 64,000,000 | 58,000,000 | -19,000,000 | 65,000,000 | ||||||||||||||
pension, other postretirement and postemployment liabilities | -14,000,000 | 1,000,000 | -5,000,000 | -4,000,000 | -8,000,000 | 7,000,000 | -8,000,000 | -5,000,000 | -12,000,000 | 6,000,000 | 6,000,000 | -9,000,000 | -9,000,000 | -8,000,000 | -9,000,000 | -27,000,000 | -18,000,000 | -21,000,000 | -21,000,000 | -59,000,000 | -24,000,000 | -55,000,000 | -21,000,000 | -41,000,000 | -29,000,000 | -35,000,000 | -38,000,000 | -54,000,000 | -139,000,000 | ||||||||||||||||||||||||||||||||||||||
other assets and liabilities | 297,000,000 | -263,000,000 | -306,000,000 | 314,000,000 | 350,000,000 | -303,000,000 | -148,000,000 | 140,000,000 | 168,000,000 | -100,000,000 | 199,000,000 | 234,000,000 | -137,000,000 | -151,000,000 | 151,000,000 | 140,000,000 | -246,000,000 | -50,000,000 | 145,000,000 | 155,000,000 | -178,000,000 | 3,000,000 | 82,000,000 | 141,000,000 | -89,000,000 | -42,000,000 | 58,000,000 | 74,000,000 | -137,000,000 | -162,000,000 | 263,000,000 | 38,000,000 | -69,000,000 | -62,000,000 | 92,000,000 | -33,000,000 | 27,000,000 | -13,000,000 | 69,000,000 | -29,000,000 | 3,000,000 | 125,000,000 | 50,000,000 | -51,000,000 | -7,000,000 | 21,000,000 | 62,000,000 | ||||||||||||||||||||
cash from operating activities | 430,000,000 | 1,397,000,000 | 1,148,000,000 | 796,000,000 | 140,000,000 | 1,200,000,000 | 1,013,000,000 | 513,000,000 | 309,000,000 | 1,043,000,000 | 688,000,000 | 443,000,000 | 1,042,000,000 | 1,046,000,000 | 668,000,000 | 463,000,000 | 931,000,000 | -94,000,000 | 784,000,000 | 561,000,000 | 760,000,000 | 804,000,000 | 881,000,000 | 338,000,000 | 672,000,000 | 802,000,000 | 287,000,000 | 74,000,000 | 711,000,000 | 562,000,000 | 273,000,000 | 140,000,000 | -147,000,000 | 260,000,000 | 240,000,000 | 851,000,000 | 711,000,000 | 491,000,000 | 273,000,000 | 934,000,000 | 710,000,000 | 229,000,000 | 136,000,000 | 550,000,000 | 344,000,000 | -11,000,000 | 252,000,000 | 579,000,000 | 582,000,000 | -99,000,000 | 408,000,000 | 464,000,000 | 84,000,000 | -456,000,000 | 553,000,000 | 516,000,000 | 816,000,000 | -68,000,000 | |||||||||
cash flows from investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from investments | 17,000,000 | 31,000,000 | 43,000,000 | 51,000,000 | 20,000,000 | 26,000,000 | 40,000,000 | 28,000,000 | 118,000,000 | 5,000,000 | 41,000,000 | 13,000,000 | 39,000,000 | 6,000,000 | 20,000,000 | 45,000,000 | 7,000,000 | 10,000,000 | 30,000,000 | 11,000,000 | 30,000,000 | 17,000,000 | 11,000,000 | 6,000,000 | 28,000,000 | 19,000,000 | 2,000,000 | 12,000,000 | 41,000,000 | 7,000,000 | 6,000,000 | 17,000,000 | 14,000,000 | 4,000,000 | 25,000,000 | 12,000,000 | 8,000,000 | 10,000,000 | 13,000,000 | ||||||||||||||||||||||||||||
purchases of investments | -19,000,000 | -33,000,000 | -97,000,000 | -23,000,000 | -19,000,000 | -36,000,000 | -45,000,000 | -35,000,000 | -56,000,000 | -32,000,000 | -18,000,000 | -11,000,000 | -9,000,000 | -18,000,000 | -15,000,000 | -14,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net sale (purchases) of short-term investments - non fiduciary | 1,363,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of businesses, net of cash and funds held on behalf of clients | -296,000,000 | -118,000,000 | -133,000,000 | -27,000,000 | -116,000,000 | -495,000,000 | -231,000,000 | -2,776,000,000 | -4,000,000 | -10,000,000 | -6,000,000 | -2,000,000 | -8,000,000 | -11,000,000 | -9,000,000 | -134,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
sale of businesses, net of cash and funds held on behalf of clients | 1,000,000 | 2,237,000,000 | -7,000,000 | 95,000,000 | 24,000,000 | 14,000,000 | 334,000,000 | 277,000,000 | 75,000,000 | 0 | 0 | 1,000,000 | 1,000,000 | 58,000,000 | 0 | 22,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures | -67,000,000 | -74,000,000 | -69,000,000 | -64,000,000 | -56,000,000 | -55,000,000 | -62,000,000 | -53,000,000 | -48,000,000 | -58,000,000 | -69,000,000 | -76,000,000 | -70,000,000 | -58,000,000 | -45,000,000 | -23,000,000 | -35,000,000 | -32,000,000 | -41,000,000 | -29,000,000 | -22,000,000 | -30,000,000 | -30,000,000 | -59,000,000 | -58,000,000 | -61,000,000 | -49,000,000 | -57,000,000 | -61,000,000 | -68,000,000 | -66,000,000 | -45,000,000 | -43,000,000 | -48,000,000 | -34,000,000 | -69,000,000 | -49,000,000 | -52,000,000 | -52,000,000 | -65,000,000 | -83,000,000 | -80,000,000 | -62,000,000 | -64,000,000 | -60,000,000 | -55,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
free cash flows | 363,000,000 | 1,323,000,000 | 1,079,000,000 | 732,000,000 | 84,000,000 | 1,145,000,000 | 951,000,000 | 460,000,000 | 261,000,000 | 985,000,000 | 619,000,000 | 367,000,000 | 972,000,000 | 988,000,000 | 623,000,000 | 440,000,000 | 896,000,000 | -126,000,000 | 743,000,000 | 532,000,000 | 738,000,000 | 774,000,000 | 851,000,000 | 279,000,000 | 614,000,000 | 741,000,000 | 238,000,000 | 17,000,000 | 650,000,000 | 494,000,000 | 207,000,000 | 95,000,000 | -190,000,000 | 212,000,000 | 206,000,000 | 782,000,000 | 662,000,000 | 439,000,000 | 221,000,000 | 869,000,000 | 627,000,000 | 149,000,000 | 74,000,000 | 486,000,000 | 284,000,000 | -66,000,000 | 252,000,000 | 579,000,000 | 582,000,000 | -99,000,000 | 408,000,000 | 464,000,000 | 84,000,000 | -456,000,000 | 553,000,000 | 516,000,000 | 816,000,000 | -68,000,000 | |||||||||
cash from investing activities | 999,000,000 | 648,000,000 | -94,000,000 | 24,000,000 | -292,000,000 | -577,000,000 | 29,000,000 | 2,676,000,000 | -4,961,000,000 | -76,000,000 | -77,000,000 | 205,000,000 | -240,000,000 | -84,000,000 | 138,000,000 | -263,000,000 | 165,000,000 | -89,000,000 | -129,000,000 | 102,000,000 | 136,000,000 | 177,000,000 | -554,000,000 | -438,000,000 | 2,000,000 | -9,000,000 | -195,000,000 | -27,000,000 | -53,000,000 | -95,000,000 | -167,000,000 | 346,000,000 | 1,033,000,000 | 1,476,000,000 | 13,000,000 | -583,000,000 | -287,000,000 | 115,000,000 | -199,000,000 | 48,000,000 | 15,000,000 | -203,000,000 | 2,000,000 | -316,000,000 | -102,000,000 | 156,000,000 | -62,000,000 | -129,000,000 | 222,000,000 | 16,000,000 | |||||||||||||||||
cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share repurchase | -500,000,000 | -250,000,000 | -250,000,000 | -250,000,000 | -250,000,000 | -200,000,000 | -300,000,000 | -250,000,000 | -250,000,000 | -850,000,000 | -550,000,000 | -550,000,000 | -675,000,000 | -1,200,000,000 | -500,000,000 | -828,000,000 | -2,000,000,000 | -1,251,000,000 | -242,000,000 | -50,000,000 | -800,000,000 | -500,000,000 | 0 | -463,000,000 | -453,000,000 | -352,000,000 | -1,055,000,000 | -100,000,000 | -198,000,000 | -301,000,000 | -402,000,000 | -569,000,000 | -788,000,000 | -974,000,000 | -126,000,000 | -220,000,000 | -287,000,000 | -65,000,000 | -685,000,000 | -400,000,000 | -600,000,000 | -300,000,000 | -250,000,000 | -500,000,000 | -650,000,000 | -600,000,000 | -300,000,000 | ||||||||||||||||||||
proceeds from issuance of shares | 25,000,000 | 10,000,000 | 27,000,000 | 3,000,000 | 30,000,000 | 18,000,000 | 34,000,000 | 2,000,000 | 25,000,000 | 30,000,000 | 8,000,000 | 25,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for employee taxes on withholding shares | -93,000,000 | -7,000,000 | -7,000,000 | -53,000,000 | -141,000,000 | -12,000,000 | -14,000,000 | -46,000,000 | -130,000,000 | -16,000,000 | -59,000,000 | -157,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
commercial paper issuances, net of repayments | -400,000,000 | -104,000,000 | -114,000,000 | 594,000,000 | 0 | 0 | 0 | -591,000,000 | -57,000,000 | -44,000,000 | -173,000,000 | 360,000,000 | -16,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of debt | -593,000,000 | -1,150,000,000 | -400,000,000 | -50,000,000 | -550,000,000 | -2,208,000,000 | -1,784,000,000 | -936,000,000 | -850,000,000 | -650,000,000 | -25,000,000 | -310,000,000 | -2,206,000,000 | -1,341,000,000 | -1,083,000,000 | -1,630,000,000 | -1,534,000,000 | -694,000,000 | -1,919,000,000 | -1,471,000,000 | -1,323,000,000 | -704,000,000 | -8,000,000 | -1,040,000,000 | -950,000,000 | -637,000,000 | -676,000,000 | -1,457,000,000 | -175,000,000 | -2,238,000,000 | -964,000,000 | -1,210,000,000 | -686,000,000 | -1,328,000,000 | -916,000,000 | -829,000,000 | -715,000,000 | ||||||||||||||||||||||||||||||
increase in fiduciary liabilities, net of fiduciary receivables | 955,000,000 | -1,072,000,000 | 137,000,000 | 924,000,000 | -355,000,000 | -329,000,000 | 326,000,000 | -111,000,000 | 394,000,000 | -129,000,000 | 363,000,000 | 636,000,000 | -498,000,000 | 539,000,000 | 14,000,000 | 647,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends to shareholders | -162,000,000 | -161,000,000 | -160,000,000 | -161,000,000 | -147,000,000 | -146,000,000 | -147,000,000 | -146,000,000 | -123,000,000 | -125,000,000 | -126,000,000 | -115,000,000 | -116,000,000 | -118,000,000 | -119,000,000 | -110,000,000 | -112,000,000 | -116,000,000 | -115,000,000 | -104,000,000 | -105,000,000 | -103,000,000 | -102,000,000 | -102,000,000 | -103,000,000 | -104,000,000 | -107,000,000 | -96,000,000 | -97,000,000 | -98,000,000 | -98,000,000 | -89,000,000 | -92,000,000 | -95,000,000 | -87,000,000 | -87,000,000 | -89,000,000 | -87,000,000 | -82,000,000 | -83,000,000 | -84,000,000 | -85,000,000 | -71,000,000 | -73,000,000 | -75,000,000 | -53,000,000 | -50,000,000 | ||||||||||||||||||||
redeemable and nonredeemable noncontrolling interests, and other financing activities | -73,000,000 | -34,000,000 | -11,000,000 | -73,000,000 | -80,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from financing activities | -441,000,000 | -3,064,000,000 | -768,000,000 | -24,000,000 | -349,000,000 | -769,000,000 | -699,000,000 | -2,997,000,000 | 5,261,000,000 | -1,162,000,000 | -443,000,000 | 404,000,000 | -1,451,000,000 | -302,000,000 | -537,000,000 | 500,000,000 | -544,000,000 | -258,000,000 | -413,000,000 | -709,000,000 | -942,000,000 | -942,000,000 | -286,000,000 | 82,000,000 | -525,000,000 | -736,000,000 | -92,000,000 | -140,000,000 | -444,000,000 | -457,000,000 | -135,000,000 | -663,000,000 | -878,000,000 | -1,512,000,000 | -258,000,000 | -271,000,000 | -371,000,000 | -640,000,000 | -4,000,000 | -979,000,000 | -582,000,000 | -33,000,000 | -95,000,000 | -254,000,000 | -189,000,000 | -260,000,000 | 120,000,000 | 34,000,000 | 17,000,000 | 13,000,000 | |||||||||||||||||
effect of exchange rates on cash and cash equivalents and funds held on behalf of clients | -97,000,000 | 72,000,000 | -90,000,000 | 500,000,000 | 196,000,000 | -564,000,000 | 379,000,000 | -56,000,000 | -146,000,000 | -260,000,000 | 145,000,000 | 58,000,000 | 530,000,000 | -656,000,000 | -373,000,000 | -50,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents and funds held on behalf of clients | 891,000,000 | -947,000,000 | 196,000,000 | 1,296,000,000 | -305,000,000 | -710,000,000 | 722,000,000 | 136,000,000 | 463,000,000 | -455,000,000 | 313,000,000 | 1,110,000,000 | -119,000,000 | 4,000,000 | -104,000,000 | 650,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and funds held on behalf of clients at beginning of period | 8,573,000,000 | 0 | 0 | 8,333,000,000 | 0 | 0 | 7,722,000,000 | 0 | 0 | 7,076,000,000 | 0 | 0 | 6,645,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and funds held on behalf of clients at end of period | 9,464,000,000 | 196,000,000 | 1,296,000,000 | 8,028,000,000 | 722,000,000 | 136,000,000 | 8,185,000,000 | -455,000,000 | 313,000,000 | 8,186,000,000 | 4,000,000 | -104,000,000 | 7,295,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
reconciliation of cash and cash equivalents and funds held on behalf of clients: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 1,178,000,000 | 100,000,000 | 87,000,000 | 44,000,000 | 964,000,000 | -18,000,000 | 129,000,000 | -21,000,000 | 995,000,000 | -144,000,000 | -167,000,000 | 1,119,000,000 | -2,000,000 | -48,000,000 | 145,000,000 | 595,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and funds held on behalf of clients classified as held for sale | 33,000,000 | -1,000,000 | 2,000,000 | -35,000,000 | 73,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
funds held on behalf of clients | 8,286,000,000 | -1,013,000,000 | 76,000,000 | 1,253,000,000 | 7,062,000,000 | -693,000,000 | 631,000,000 | 192,000,000 | 7,117,000,000 | -308,000,000 | 471,000,000 | 7,067,000,000 | -117,000,000 | 52,000,000 | -249,000,000 | 6,700,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total cash and cash equivalents and funds held on behalf of clients | 9,464,000,000 | -947,000,000 | 196,000,000 | 1,296,000,000 | 8,028,000,000 | -710,000,000 | 722,000,000 | 136,000,000 | 8,185,000,000 | -455,000,000 | 313,000,000 | 8,186,000,000 | -119,000,000 | 4,000,000 | -104,000,000 | 7,295,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest paid | 271,000,000 | 273,000,000 | 143,000,000 | 273,000,000 | 120,000,000 | 282,000,000 | 161,000,000 | 95,000,000 | 89,000,000 | 141,000,000 | 79,000,000 | 132,000,000 | 64,000,000 | 133,000,000 | 22,000,000 | 135,000,000 | 31,000,000 | 126,000,000 | 36,000,000 | 112,000,000 | 38,000,000 | 125,000,000 | 51,000,000 | 93,000,000 | 49,000,000 | 120,000,000 | 27,000,000 | 94,000,000 | 27,000,000 | 87,000,000 | 58,000,000 | 51,000,000 | 86,000,000 | 58,000,000 | 76,000,000 | 52,000,000 | 92,000,000 | 52,000,000 | 64,000,000 | 62,000,000 | 65,000,000 | 63,000,000 | 112,000,000 | 18,000,000 | 64,000,000 | 32,000,000 | 57,000,000 | 75,000,000 | 66,000,000 | 74,000,000 | 76,000,000 | 54,000,000 | 20,000,000 | 30,000,000 | 28,000,000 | 19,000,000 | 37,000,000 | ||||||||||
income taxes paid, net of refunds | 120,000,000 | 189,000,000 | 459,000,000 | 233,000,000 | 203,000,000 | 297,000,000 | 309,000,000 | 244,000,000 | 152,000,000 | 255,000,000 | 206,000,000 | 128,000,000 | 143,000,000 | 154,000,000 | 121,000,000 | 82,000,000 | 91,000,000 | 165,000,000 | 74,000,000 | 129,000,000 | 224,000,000 | 49,000,000 | 53,000,000 | 74,000,000 | 82,000,000 | 164,000,000 | 33,000,000 | 63,000,000 | 67,000,000 | 149,000,000 | 58,000,000 | 746,000,000 | 50,000,000 | 58,000,000 | 65,000,000 | 64,000,000 | 48,000,000 | 41,000,000 | 69,000,000 | 62,000,000 | 72,000,000 | 46,000,000 | 76,000,000 | 138,000,000 | 66,000,000 | 148,000,000 | 59,000,000 | 40,000,000 | 60,000,000 | -22,000,000 | 36,000,000 | 90,000,000 | 53,000,000 | 10,000,000 | 53,000,000 | 59,000,000 | 53,000,000 | ||||||||||
net sales (purchases) of short-term investments - non fiduciary | -5,046,000,000 | 280,000,000 | -190,000,000 | -164,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of debt | 0 | 0 | 1,984,000,000 | 5,942,000,000 | 0 | 0 | 744,000,000 | 0 | 496,000,000 | -1,657,000,000 | 3,128,000,000 | 2,800,000,000 | 2,060,000,000 | 863,000,000 | 250,000,000 | 0 | 0 | 2,093,000,000 | 2,060,000,000 | 1,134,000,000 | 1,359,000,000 | 2,688,000,000 | 871,000,000 | 1,794,000,000 | 1,408,000,000 | 1,744,000,000 | 808,000,000 | 0 | 659,000,000 | 992,000,000 | 738,000,000 | 673,000,000 | 1,011,000,000 | 1,045,000,000 | 1,857,000,000 | 1,049,000,000 | 1,575,000,000 | 870,000,000 | 931,000,000 | 2,129,000,000 | 1,195,000,000 | 1,150,000,000 | 257,000,000 | 75,000,000 | 103,000,000 | 1,040,000,000 | 429,000,000 | ||||||||||||||||||||
cash, cash equivalents and funds held on behalf of clients at beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and funds held on behalf of clients at end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net purchases of short-term investments - non fiduciary | -145,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net purchases (sales) of short-term investments - non fiduciary | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sales of short-term investments - non fiduciary | -31,000,000 | -7,000,000 | 19,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable and non-redeemable noncontrolling interests, and other financing activities | -50,000,000 | -48,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests and other financing activities | -6,000,000 | -15,000,000 | -35,000,000 | -6,000,000 | -21,000,000 | -13,000,000 | -24,000,000 | -13,000,000 | -8,000,000 | -33,000,000 | -16,000,000 | -68,000,000 | -4,000,000 | -45,000,000 | -26,000,000 | 40,000,000 | -22,000,000 | -20,000,000 | -38,000,000 | -23,000,000 | -14,000,000 | -6,000,000 | -11,000,000 | -8,000,000 | -2,000,000 | -6,000,000 | -9,000,000 | -20,000,000 | -42,000,000 | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents classified as held for sale | -3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for investments | -12,000,000 | -56,000,000 | -30,000,000 | -9,000,000 | -23,000,000 | -39,000,000 | -11,000,000 | -18,000,000 | -17,000,000 | -20,000,000 | -17,000,000 | -43,000,000 | -19,000,000 | -34,000,000 | -46,000,000 | -14,000,000 | -15,000,000 | -29,000,000 | -25,000,000 | -11,000,000 | -23,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and funds held on behalf of clients at beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and funds held on behalf of clients at end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of shares for employee benefit plans | 10,000,000 | -50,000,000 | -116,000,000 | -8,000,000 | 18,000,000 | -53,000,000 | -87,000,000 | -8,000,000 | 16,000,000 | -45,000,000 | -112,000,000 | 2,000,000 | 11,000,000 | -46,000,000 | -98,000,000 | -10,000,000 | 11,000,000 | -41,000,000 | -109,000,000 | 21,000,000 | -54,000,000 | -85,000,000 | -59,000,000 | 17,000,000 | -22,000,000 | -65,000,000 | -102,000,000 | 20,000,000 | 4,000,000 | 48,000,000 | 18,000,000 | 14,000,000 | 26,000,000 | 36,000,000 | |||||||||||||||||||||||||||||||||
gain from sales of businesses and investments | 2,000,000 | 0 | -6,000,000 | -35,000,000 | -52,000,000 | -9,000,000 | -1,000,000 | -19,000,000 | -33,000,000 | -3,000,000 | -5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fiduciary receivables | 1,979,000,000 | -1,454,000,000 | -166,000,000 | -89,000,000 | 589,000,000 | -832,000,000 | -808,000,000 | -583,000,000 | 1,100,000,000 | -317,000,000 | -609,000,000 | -1,445,000,000 | 1,649,000,000 | -278,000,000 | -605,000,000 | 976,000,000 | -327,000,000 | 337,000,000 | -944,000,000 | 1,442,000,000 | -303,000,000 | 399,000,000 | -196,000,000 | 911,000,000 | -289,000,000 | 173,000,000 | 1,551,000,000 | -728,000,000 | 165,000,000 | -42,000,000 | |||||||||||||||||||||||||||||||||||||
short-term investments — funds held on behalf of clients | -400,000,000 | -358,000,000 | -28,000,000 | 390,000,000 | -84,000,000 | -385,000,000 | -237,000,000 | 39,000,000 | -324,000,000 | -420,000,000 | -541,000,000 | 411,000,000 | -577,000,000 | 41,000,000 | -195,000,000 | -415,000,000 | 44,000,000 | -330,000,000 | -160,000,000 | 11,000,000 | -164,000,000 | -285,000,000 | 150,000,000 | 148,000,000 | -11,000,000 | 63,000,000 | |||||||||||||||||||||||||||||||||||||||||
fiduciary liabilities | -1,579,000,000 | 1,812,000,000 | 194,000,000 | -301,000,000 | -505,000,000 | 1,217,000,000 | 1,045,000,000 | 544,000,000 | -776,000,000 | 737,000,000 | 1,150,000,000 | 1,034,000,000 | -1,072,000,000 | 237,000,000 | 800,000,000 | -560,000,000 | 282,000,000 | -7,000,000 | 1,104,000,000 | -1,453,000,000 | 467,000,000 | -114,000,000 | 46,000,000 | -1,059,000,000 | 300,000,000 | -236,000,000 | -1,549,000,000 | 632,000,000 | 106,000,000 | 364,000,000 | 1,314,000,000 | 706,000,000 | |||||||||||||||||||||||||||||||||||
net sales (purchases) of short-term investments — non-fiduciary | -24,000,000 | -116,000,000 | 138,000,000 | -484,000,000 | -38,000,000 | 42,000,000 | 55,000,000 | -8,000,000 | 4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of businesses, net of cash acquired | 0 | 0 | -34,000,000 | -334,000,000 | 0 | -24,000,000 | 0 | -15,000,000 | -8,000,000 | 0 | -21,000,000 | -29,000,000 | -23,000,000 | -103,000,000 | -46,000,000 | -681,000,000 | -15,000,000 | -167,000,000 | -16,000,000 | 10,000,000 | -3,000,000 | -2,000,000 | -21,000,000 | -381,000,000 | -78,000,000 | -5,000,000 | -2,000,000 | ||||||||||||||||||||||||||||||||||||||||
sale of businesses, net of cash sold | -1,000,000 | 0 | 0 | 0 | 30,000,000 | 9,000,000 | 36,000,000 | 1,000,000 | 6,000,000 | -2,000,000 | -9,000,000 | 2,000,000 | -1,000,000 | 1,000,000 | 4,195,000,000 | -2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rates on cash and cash equivalents | -41,000,000 | 27,000,000 | -16,000,000 | 109,000,000 | 25,000,000 | 26,000,000 | -82,000,000 | 39,000,000 | -36,000,000 | -19,000,000 | 37,000,000 | -42,000,000 | -13,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | -482,000,000 | 63,000,000 | 172,000,000 | -3,000,000 | -110,000,000 | -159,000,000 | 65,000,000 | 233,000,000 | 20,000,000 | -52,000,000 | 45,000,000 | -27,000,000 | 81,000,000 | -14,000,000 | 4,000,000 | -139,000,000 | 117,000,000 | -37,000,000 | 51,000,000 | 336,000,000 | 75,000,000 | -162,000,000 | 205,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 884,000,000 | 0 | 0 | 790,000,000 | 0 | 0 | 0 | 656,000,000 | 0 | 0 | 0 | 756,000,000 | 0 | 0 | 431,000,000 | 0 | 0 | 384,000,000 | 0 | 0 | 374,000,000 | 0 | 0 | 477,000,000 | 291,000,000 | 0 | 272,000,000 | 0 | 0 | 346,000,000 | 0 | 0 | 217,000,000 | 0 | 0 | 582,000,000 | |||||||||||||||||||||||||||||
cash and cash equivalents at end of period | -482,000,000 | 269,000,000 | 822,000,000 | 64,000,000 | 67,000,000 | 690,000,000 | 188,000,000 | 21,000,000 | -19,000,000 | 600,000,000 | 172,000,000 | -3,000,000 | -110,000,000 | 597,000,000 | 65,000,000 | 233,000,000 | 451,000,000 | 45,000,000 | -27,000,000 | 465,000,000 | 31,000,000 | -11,000,000 | 378,000,000 | -36,000,000 | 80,000,000 | 338,000,000 | 408,000,000 | -37,000,000 | 323,000,000 | -5,000,000 | -382,000,000 | 682,000,000 | 75,000,000 | -162,000,000 | 422,000,000 | 43,000,000 | 36,000,000 | 501,000,000 | |||||||||||||||||||||||||||||
(gain) from sales of businesses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (decrease) in cash and cash equivalents | -62,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: income from discontinued operations, net of income taxes | 6,000,000 | -4,000,000 | 821,000,000 | 40,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from sales of businesses and investments | -1,000,000 | 1,000,000 | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring reserves | -15,000,000 | -30,000,000 | -22,000,000 | -60,000,000 | 65,000,000 | -44,000,000 | 7,000,000 | -25,000,000 | 9,000,000 | 2,000,000 | 36,000,000 | -24,000,000 | -8,000,000 | 79,000,000 | 99,000,000 | -6,000,000 | -6,000,000 | -6,000,000 | -13,000,000 | -13,000,000 | -22,000,000 | -40,000,000 | -16,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income from discontinued operations | -1,000,000 | -2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from sales of businesses | 0 | 0 | -25,000,000 | -1,000,000 | -3,000,000 | -4,000,000 | 3,000,000 | 0 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net purchases of short-term investments — non-fiduciary | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | 67,000,000 | -100,000,000 | 21,000,000 | -19,000,000 | -56,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from operating activities - continuing operations | 711,000,000 | 562,000,000 | 273,000,000 | 140,000,000 | -147,000,000 | 254,000,000 | 182,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from operating activities - discontinued operations | 0 | 6,000,000 | 58,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from investing activities - continuing operations | -53,000,000 | -95,000,000 | -167,000,000 | 346,000,000 | 1,033,000,000 | 1,480,000,000 | 28,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from investing activities - discontinued operations | 0 | -4,000,000 | -15,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from financing activities - continuing operations | -444,000,000 | -457,000,000 | -135,000,000 | -663,000,000 | -878,000,000 | -1,512,000,000 | -258,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from financing activities - discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sales of short-term investments — non-fiduciary | 41,000,000 | 42,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension, other postretirement and other postemployment liabilities | -53,000,000 | -41,000,000 | -60,000,000 | -41,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sale of short-term investments — non-fiduciary | 415,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | 18,000,000 | 57,000,000 | 9,000,000 | 25,000,000 | -49,000,000 | -8,000,000 | 7,000,000 | 11,000,000 | -17,000,000 | -112,000,000 | -4,000,000 | -39,000,000 | -16,000,000 | 27,000,000 | -24,000,000 | 5,000,000 | 8,000,000 | 10,000,000 | -16,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net sale (purchases) of short-term investments — non-fiduciary | 1,107,000,000 | -2,545,000,000 | 94,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of intangible assets | 43,000,000 | 70,000,000 | 72,000,000 | 68,000,000 | 67,000,000 | 77,000,000 | 78,000,000 | 79,000,000 | 80,000,000 | 90,000,000 | 87,000,000 | 86,000,000 | 99,000,000 | 104,000,000 | 104,000,000 | 91,000,000 | 91,000,000 | 91,000,000 | 30,000,000 | 24,000,000 | 22,000,000 | 23,000,000 | 15,000,000 | 11,000,000 | 14,000,000 | 12,000,000 | 9,000,000 | 10,000,000 | 13,000,000 | 12,000,000 | 11,000,000 | ||||||||||||||||||||||||||||||||||||
pension, other post-retirement and other post-employment liabilities | 112,000,000 | -42,000,000 | 22,000,000 | -50,000,000 | -39,000,000 | -69,000,000 | -56,000,000 | -66,000,000 | -73,000,000 | -98,000,000 | -128,000,000 | -196,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of businesses | 3,000,000 | 1,000,000 | 6,000,000 | 97,000,000 | 151,000,000 | 2,000,000 | 11,000,000 | 41,000,000 | 47,000,000 | 0 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 10,000,000 | 128,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net (purchases) sales of short-term investments — non-fiduciary | 333,000,000 | -227,000,000 | 88,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of long-term investments | 13,000,000 | 7,000,000 | 3,000,000 | 3,000,000 | 6,000,000 | 42,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of long-term investments | -2,000,000 | 0 | -1,000,000 | -5,000,000 | -4,000,000 | -10,000,000 | -3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(purchases) sales of shares (from) to noncontrolling interests | 0 | 0 | -5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid to noncontrolling interests | -3,000,000 | -17,000,000 | -1,000,000 | -8,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale-leaseback | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposit with trustee | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short term investments - funds held on behalf of clients | -2,000,000 | 96,000,000 | -271,000,000 | -322,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sales (purchases) of short-term investments - non-fiduciary | 183,000,000 | 97,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales (purchases) of shares to (from) noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sales of short-term investments - non-fiduciary | -24,000,000 | 283,000,000 | 218,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of shares from noncontrolling interests | 0 | 1,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from operations | 54,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of long-term investments | 18,000,000 | 15,000,000 | 36,000,000 | 79,000,000 | 17,000,000 | 5,000,000 | 11,000,000 | 66,000,000 | 5,000,000 | 9,000,000 | 7,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (purchases) sales of short-term investments - non-fiduciary | -16,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension and other post employment liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash (used for) provided by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock compensation expense | 55,000,000 | 58,000,000 | 47,000,000 | 74,000,000 | 43,000,000 | 57,000,000 | 55,000,000 | 40,000,000 | 52,000,000 | 60,000,000 | 82,000,000 | 45,000,000 | 56,000,000 | 51,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments - funds held on behalf of clients | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of long-term investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of treasury stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of stock for employee benefit plans | 49,000,000 | 3,000,000 | 77,000,000 | 85,000,000 | 17,000,000 | 46,000,000 | 35,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends to stockholders | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in funds held on behalf of clients | -116,000,000 | 315,000,000 | 427,000,000 | -167,000,000 | 237,000,000 | 396,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of long term investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of long term investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sales (purchases) of short term investments - non-fiduciary | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net purchases of short term investments - funds held on behalf of clients | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net purchases of short-term investments - funds held on behalf of clients | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see accompanying notes to the condensed consolidated financial statements (unaudited). | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses from sale of businesses | 7,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains from sale of businesses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 58,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation expense | 66,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance (repayments) of debt | 73,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash | 47,000,000 | -10,000,000 | 8,000,000 | 19,000,000 | 15,000,000 | 15,000,000 | 5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain from disposal of operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization of fixed assets | 32,000,000 | 36,000,000 | 37,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in funds held on behalf of brokerage and consulting clients | -67,000,000 | -399,000,000 | 512,000,000 | -250,000,000 | -200,000,000 | 500,000,000 | -300,000,000 | -110,000,000 | 560,000,000 | -250,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net receivables | 80,000,000 | -41,000,000 | 179,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales (purchases) of short-term investments | 58,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock | 8,000,000 | 15,000,000 | 27,000,000 | 7,000,000 | 32,000,000 | 3,000,000 | -4,000,000 | 8,000,000 | 11,000,000 | 0 | -7,000,000 | 53,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock transactions - net | 28,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term repayments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of long-term debt | 1,000,000 | 15,000,000 | 348,000,000 | 17,000,000 | 410,000,000 | 250,000,000 | 0 | 378,000,000 | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of long-term debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of subsidiaries, net of cash acquired | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term borrowings (repayments) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of short-term investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of short-term borrowings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows - operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash provided by operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization of property, equipment and software | 34,000,000 | 47,000,000 | 36,000,000 | 38,000,000 | 40,000,000 | 40,000,000 | 44,000,000 | 47,000,000 | 46,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
valuation changes on investments, income on disposals and net bond amortization | 3,000,000 | 1,000,000 | 5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | -42,000,000 | 21,000,000 | 73,000,000 | 61,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution to major defined benefit pension plans in excess of expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid (in excess of) less than expense for restructuring plans | 15,000,000 | 13,000,000 | 19,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for new york and other state settlements | 1,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in insurance underwriting assets and liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net reinsurance and net due & deferred premium | -2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid premiums | 1,000,000 | 1,000,000 | 5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred policy acquisition costs | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
policy liabilities | -5,000,000 | 8,000,000 | 2,000,000 | 43,000,000 | 209,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net due reinsurance | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in other assets and liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets and liabilities - net | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows - investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
maturities | 1,000,000 | 15,000,000 | 38,000,000 | 51,000,000 | 13,000,000 | 38,000,000 | 34,000,000 | 100,000,000 | 22,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
calls and prepayments | 0 | 4,000,000 | 25,000,000 | 13,000,000 | 28,000,000 | 20,000,000 | 61,000,000 | 42,000,000 | 66,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales | -10,000,000 | 20,000,000 | 176,000,000 | 201,000,000 | 153,000,000 | 184,000,000 | 354,000,000 | 530,000,000 | 361,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities and other investments | 0 | 0 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investments | 20,000,000 | 12,000,000 | 11,000,000 | 128,000,000 | 6,000,000 | 12,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments - net | 154,000,000 | 168,000,000 | 41,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of subsidiaries | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from sale of discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment and other - net | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows - financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of short-term borrowings - net | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash used by financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash | -85,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash at beginning of period | 0 | 0 | 584,000,000 | 0 | 0 | 281,000,000 | 0 | 0 | 476,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash at end of period | 12,000,000 | 14,000,000 | 452,000,000 | -85,000,000 | 55,000,000 | 351,000,000 | 36,000,000 | -26,000,000 | 451,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash provided (used) by operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of operations | 2,914,000,000 | 1,000,000 | 0 | 0 | 0 | 20,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash provided (used) by investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net reinsurance and net due and deferred premium | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash used by investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution to major defined benefit pension plans (in excess of) less than expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid in excess of expense for restructuring plans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in insurance underwriting assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating receivables | -10,000,000 | 23,000,000 | 36,000,000 | -18,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets including prepaid premiums | 3,000,000 | 14,000,000 | 25,000,000 | 35,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 36,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in other assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued compensation and general expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets and liabilities- net | 168,000,000 | -135,000,000 | 147,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash provided by operating activities | 75,000,000 | 697,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities | 0 | 26,000,000 | 4,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash provided by (used by) investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuances (repayments) of short-term borrowings - net | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid in excess of expense for 2005 restructuring plan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of short-term borrowings - net | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of long-term debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution to major defined benefit pension plan in excess of expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase (decrease) in cash | 70,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of stock awards | 33,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension expense in excess of cash paid to major defined benefit plans | 16,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for 2005 restructuring plan in excess of expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock transaction | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of short-term borrowings - net | 247,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance operating assets and liabilities, net of reinsurance | 97,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of stock-based compensation plans | 41,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2005 restructuring plan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other receivables and liabilities - net | 341,000,000 |