Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 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 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2015-12-31 | 2015-03-31 | 2014-06-30 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 2,511,000,000 | 1,677,000,000 | 1,604,000,000 | 2,398,000,000 | 1,798,000,000 | 1,653,000,000 | 1,452,000,000 | 3,358,000,000 | 2,901,000,000 | 1,171,000,000 | 1,006,000,000 | 1,442,000,000 | 802,000,000 | 909,000,000 | 772,000,000 | 1,752,000,000 | 1,398,000,000 | 888,000,000 | 1,120,000,000 | 2,089,000,000 | 2,388,000,000 | 1,711,000,000 | 1,480,000,000 | 1,155,000,000 | 1,213,000,000 | 1,294,000,000 | 1,117,000,000 | 1,066,000,000 | 1,036,000,000 | 1,168,000,000 | 1,205,000,000 | 1,078,000,000 | 1,026,000,000 | 1,388,000,000 | 1,374,000,000 | 2,301,000,000 | 1,894,000,000 | 1,777,000,000 | 2,133,000,000 | |||||||||||||||||||||||||
cash and cash equivalents held in a fiduciary capacity | 12,001,000,000 | 11,871,000,000 | 11,579,000,000 | 11,276,000,000 | 11,923,000,000 | 11,497,000,000 | 11,458,000,000 | 10,794,000,000 | 11,828,000,000 | 11,564,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commissions and fees | 7,256,000,000 | 7,751,000,000 | 7,215,000,000 | 6,533,000,000 | 6,783,000,000 | 7,031,000,000 | 6,509,000,000 | 5,806,000,000 | 5,909,000,000 | 5,966,000,000 | 5,293,000,000 | 5,312,000,000 | 5,775,000,000 | 5,503,000,000 | 5,093,000,000 | 5,190,000,000 | 5,359,000,000 | 5,032,000,000 | 4,679,000,000 | 4,658,000,000 | 5,045,000,000 | 5,028,000,000 | 4,608,000,000 | 4,636,000,000 | 5,057,000,000 | 4,315,000,000 | 3,984,000,000 | 4,288,000,000 | 4,217,000,000 | 3,777,000,000 | 3,651,000,000 | 3,370,000,000 | 3,316,000,000 | 3,198,000,000 | 2,858,000,000 | 2,544,000,000 | 2,429,000,000 | 2,614,000,000 | ||||||||||||||||||||||||||
advanced premiums and claims | 63,000,000 | 105,000,000 | 101,000,000 | 84,000,000 | 102,000,000 | 119,000,000 | 107,000,000 | 103,000,000 | 102,000,000 | 98,000,000 | 103,000,000 | 144,000,000 | 118,000,000 | 139,000,000 | 136,000,000 | 120,000,000 | 113,000,000 | 119,000,000 | 112,000,000 | 121,000,000 | 111,000,000 | 113,000,000 | 123,000,000 | 126,000,000 | 91,000,000 | 59,000,000 | 79,000,000 | 62,000,000 | 70,000,000 | 65,000,000 | 52,000,000 | 83,000,000 | 53,000,000 | 51,000,000 | 62,000,000 | 96,000,000 | 86,000,000 | 77,000,000 | ||||||||||||||||||||||||||
other | 760,000,000 | 770,000,000 | 713,000,000 | 706,000,000 | 702,000,000 | 749,000,000 | 757,000,000 | 660,000,000 | 664,000,000 | 7,000,000 | 790,000,000 | 616,000,000 | 527,000,000 | 560,000,000 | 494,000,000 | 523,000,000 | 475,000,000 | 515,000,000 | 592,000,000 | 677,000,000 | 604,000,000 | 635,000,000 | 561,000,000 | 645,000,000 | 575,000,000 | 547,000,000 | 372,000,000 | 366,000,000 | 367,000,000 | 389,000,000 | 401,000,000 | 311,000,000 | 2,000,000 | 286,000,000 | 318,000,000 | 4,000,000 | 309,000,000 | 1,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | 244,000,000 | 1,000,000 | -1,000,000 | 1,000,000 | 186,000,000 | 3,000,000 | 4,000,000 | 5,000,000 | 457,000,000 | 3,000,000 | 7,000,000 | 2,000,000 | -2,000,000 | -4,000,000 | 2,000,000 | 302,000,000 | 1,000,000 | ||||||
less-allowance for credit losses | -173,000,000 | -169,000,000 | -157,000,000 | -165,000,000 | -160,000,000 | -157,000,000 | -155,000,000 | -154,000,000 | -160,000,000 | -164,000,000 | -167,000,000 | -173,000,000 | -166,000,000 | -161,000,000 | -148,000,000 | -146,000,000 | -142,000,000 | -147,000,000 | -144,000,000 | -144,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
net receivables | 7,906,000,000 | 8,457,000,000 | 7,872,000,000 | 7,156,000,000 | 7,422,000,000 | 7,739,000,000 | 7,216,000,000 | 6,418,000,000 | 6,520,000,000 | -1,029,000,000 | 6,700,000,000 | 5,852,000,000 | 5,819,000,000 | 6,286,000,000 | 5,963,000,000 | 5,586,000,000 | 5,624,000,000 | 5,839,000,000 | 5,597,000,000 | 5,326,000,000 | 5,236,000,000 | 5,647,000,000 | 5,558,000,000 | 5,236,000,000 | 5,198,000,000 | 5,553,000,000 | 4,630,000,000 | 4,317,000,000 | 4,601,000,000 | 4,562,000,000 | 4,133,000,000 | 3,909,000,000 | 3,643,000,000 | 3,603,000,000 | 3,471,000,000 | 3,058,000,000 | 122,000,000 | -70,000,000 | -172,000,000 | 3,035,000,000 | -248,000,000 | -425,000,000 | 2,855,000,000 | 46,000,000 | -98,000,000 | 9,000,000 | -19,000,000 | -271,000,000 | -203,000,000 | 2,874,000,000 | -363,000,000 | |||||||||||||
other current assets | 1,281,000,000 | 1,329,000,000 | 1,406,000,000 | 1,287,000,000 | 1,143,000,000 | 1,133,000,000 | 1,173,000,000 | 1,178,000,000 | 1,030,000,000 | 1,407,000,000 | 1,005,000,000 | 953,000,000 | 974,000,000 | 1,053,000,000 | 926,000,000 | 855,000,000 | 846,000,000 | 832,000,000 | 740,000,000 | 688,000,000 | 739,000,000 | 711,000,000 | 677,000,000 | 645,000,000 | 679,000,000 | 569,000,000 | 551,000,000 | 19,000,000 | 538,000,000 | 540,000,000 | 224,000,000 | 228,000,000 | 215,000,000 | 218,000,000 | 199,000,000 | 28,000,000 | 194,000,000 | 19,000,000 | 151,000,000 | -75,000,000 | -73,000,000 | 347,000,000 | -16,000,000 | -7,000,000 | 299,000,000 | -8,000,000 | -8,000,000 | -9,000,000 | -34,000,000 | 2,000,000 | 447,000,000 | 396,000,000 | ||||||||||||
total current assets | 23,699,000,000 | 23,334,000,000 | 22,461,000,000 | 22,117,000,000 | 22,286,000,000 | 22,022,000,000 | 21,299,000,000 | 21,748,000,000 | 22,279,000,000 | 9,113,000,000 | 8,299,000,000 | 7,574,000,000 | 8,169,000,000 | 7,788,000,000 | 8,264,000,000 | 7,877,000,000 | 7,573,000,000 | 7,549,000,000 | 8,155,000,000 | 8,312,000,000 | 8,097,000,000 | 7,749,000,000 | 7,068,000,000 | 7,056,000,000 | 7,526,000,000 | 12,675,000,000 | 5,934,000,000 | 6,175,000,000 | 6,270,000,000 | 5,562,000,000 | 5,215,000,000 | 4,884,000,000 | 5,209,000,000 | 5,044,000,000 | 5,963,000,000 | 5,276,000,000 | 4,931,000,000 | 5,454,000,000 | ||||||||||||||||||||||||||
goodwill | 23,949,000,000 | 23,919,000,000 | 23,538,000,000 | 23,306,000,000 | 18,235,000,000 | 17,516,000,000 | 17,314,000,000 | 17,231,000,000 | 16,655,000,000 | 16,300,000,000 | 16,251,000,000 | 15,576,000,000 | 15,963,000,000 | 16,254,000,000 | 16,317,000,000 | 15,648,000,000 | 15,775,000,000 | 15,458,000,000 | 15,517,000,000 | 15,034,000,000 | 14,797,000,000 | 14,412,000,000 | 14,671,000,000 | 14,286,000,000 | 14,479,000,000 | 9,739,000,000 | 9,599,000,000 | 9,177,000,000 | 9,194,000,000 | 9,089,000,000 | 9,100,000,000 | 8,369,000,000 | 7,975,000,000 | 7,889,000,000 | ||||||||||||||||||||||||||||||
other intangible assets | 4,671,000,000 | 4,770,000,000 | 4,736,000,000 | 4,820,000,000 | 2,720,000,000 | 2,638,000,000 | 2,631,000,000 | 2,630,000,000 | 2,498,000,000 | 2,452,000,000 | 2,537,000,000 | 2,403,000,000 | 2,538,000,000 | 2,720,000,000 | 2,810,000,000 | 2,587,000,000 | 2,717,000,000 | 2,603,000,000 | 2,699,000,000 | 2,711,000,000 | 2,761,000,000 | 2,663,000,000 | 2,774,000,000 | 2,869,000,000 | 3,083,000,000 | 1,464,000,000 | 1,437,000,000 | 1,234,000,000 | 1,256,000,000 | 1,274,000,000 | 1,320,000,000 | 1,126,000,000 | 907,000,000 | 1,036,000,000 | ||||||||||||||||||||||||||||||
fixed assets | 820,000,000 | 839,000,000 | 840,000,000 | 859,000,000 | 884,000,000 | 879,000,000 | 877,000,000 | 882,000,000 | 859,000,000 | 867,000,000 | 871,000,000 | 865,000,000 | 863,000,000 | 865,000,000 | 847,000,000 | 824,000,000 | 816,000,000 | 830,000,000 | 856,000,000 | 864,000,000 | 866,000,000 | 850,000,000 | 858,000,000 | 816,000,000 | 799,000,000 | 716,000,000 | 701,000,000 | 698,000,000 | 713,000,000 | 712,000,000 | 728,000,000 | 725,000,000 | 717,000,000 | 773,000,000 | 809,000,000 | 822,000,000 | 952,000,000 | 992,000,000 | ||||||||||||||||||||||||||
pension related assets | 2,212,000,000 | 2,203,000,000 | 2,021,000,000 | 1,914,000,000 | 2,384,000,000 | 2,187,000,000 | 2,114,000,000 | 2,051,000,000 | 2,310,000,000 | 2,200,000,000 | 2,127,000,000 | 2,074,000,000 | 2,160,000,000 | 2,246,000,000 | 2,270,000,000 | 1,935,000,000 | 1,911,000,000 | 1,823,000,000 | 1,768,000,000 | 1,825,000,000 | 1,672,000,000 | 1,619,000,000 | 1,632,000,000 | 1,857,000,000 | 1,821,000,000 | 1,815,000,000 | 1,688,000,000 | 1,808,000,000 | 1,857,000,000 | 1,693,000,000 | 1,155,000,000 | 776,000,000 | 1,253,000,000 | 1,159,000,000 | 260,000,000 | 265,000,000 | 94,000,000 | 1,411,000,000 | ||||||||||||||||||||||||||
right of use assets | 1,436,000,000 | 1,471,000,000 | 1,477,000,000 | 1,498,000,000 | 1,487,000,000 | 1,468,000,000 | 1,494,000,000 | 1,541,000,000 | 1,519,000,000 | 1,586,000,000 | 1,562,000,000 | 1,615,000,000 | 1,744,000,000 | 1,825,000,000 | 1,868,000,000 | 1,899,000,000 | 1,983,000,000 | 1,824,000,000 | 1,894,000,000 | 1,884,000,000 | 1,882,000,000 | 1,885,000,000 | 1,921,000,000 | 1,957,000,000 | 2,016,000,000 | 1,625,000,000 | ||||||||||||||||||||||||||||||||||||||
deferred tax assets | 248,000,000 | 280,000,000 | 250,000,000 | 237,000,000 | 242,000,000 | 285,000,000 | 276,000,000 | 357,000,000 | 348,000,000 | 369,000,000 | 358,000,000 | 533,000,000 | 537,000,000 | 530,000,000 | 551,000,000 | 692,000,000 | 669,000,000 | 704,000,000 | 702,000,000 | 623,000,000 | 618,000,000 | 694,000,000 | 676,000,000 | 603,000,000 | 628,000,000 | 680,000,000 | 680,000,000 | 532,000,000 | 554,000,000 | 669,000,000 | 947,000,000 | 1,097,000,000 | 1,085,000,000 | 1,138,000,000 | 1,223,000,000 | 1,205,000,000 | 1,242,000,000 | |||||||||||||||||||||||||||
other assets | 1,748,000,000 | 1,739,000,000 | 1,692,000,000 | 1,730,000,000 | 1,626,000,000 | 1,596,000,000 | 1,567,000,000 | 1,590,000,000 | 1,532,000,000 | -108,000,000 | 1,471,000,000 | 1,449,000,000 | 1,383,000,000 | 1,466,000,000 | 1,460,000,000 | 1,461,000,000 | 1,520,000,000 | 1,509,000,000 | 1,482,000,000 | 1,458,000,000 | 1,428,000,000 | 1,476,000,000 | 1,519,000,000 | 1,757,000,000 | 1,653,000,000 | 1,764,000,000 | 1,423,000,000 | 1,539,000,000 | 1,535,000,000 | 1,535,000,000 | 1,430,000,000 | 1,225,000,000 | 1,213,000,000 | 1,212,000,000 | 1,177,000,000 | 15,000,000 | 772,000,000 | -145,000,000 | -45,000,000 | 919,000,000 | -167,000,000 | -93,000,000 | 945,000,000 | -253,000,000 | -227,000,000 | -36,000,000 | -67,000,000 | -95,000,000 | 14,000,000 | 1,743,000,000 | 110,000,000 | |||||||||||||
liabilities and equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term debt | 1,263,000,000 | 769,000,000 | 1,667,000,000 | 519,000,000 | 518,000,000 | 1,267,000,000 | 1,169,000,000 | 1,619,000,000 | 1,868,000,000 | 2,111,000,000 | 268,000,000 | 967,000,000 | 1,311,000,000 | 1,191,000,000 | 17,000,000 | 516,000,000 | 516,000,000 | 1,015,000,000 | 517,000,000 | 1,216,000,000 | 1,216,000,000 | 2,409,000,000 | 1,215,000,000 | 1,139,000,000 | 1,663,000,000 | 1,562,000,000 | 314,000,000 | 439,000,000 | 512,000,000 | 262,000,000 | 13,000,000 | 312,000,000 | 262,000,000 | 12,000,000 | 260,000,000 | 8,000,000 | 558,000,000 | 260,000,000 | ||||||||||||||||||||||||||
accounts payable and accrued liabilities | 3,355,000,000 | 3,434,000,000 | 3,450,000,000 | 3,402,000,000 | 3,099,000,000 | 3,205,000,000 | 3,379,000,000 | 3,403,000,000 | 3,143,000,000 | 3,406,000,000 | 3,278,000,000 | 2,903,000,000 | 3,029,000,000 | 3,084,000,000 | 3,165,000,000 | 2,833,000,000 | 2,830,000,000 | 2,940,000,000 | 3,050,000,000 | 2,662,000,000 | 2,668,000,000 | 2,611,000,000 | 2,746,000,000 | 2,479,000,000 | 2,600,000,000 | 2,244,000,000 | 2,234,000,000 | 2,246,000,000 | 2,343,000,000 | 2,083,000,000 | 2,002,000,000 | 52,000,000 | 60,000,000 | 1,969,000,000 | 1,862,000,000 | 1,886,000,000 | 47,000,000 | 27,000,000 | 53,000,000 | 1,721,000,000 | 90,000,000 | 148,000,000 | 68,000,000 | 1,741,000,000 | -33,000,000 | 463,000,000 | 64,000,000 | 1,826,000,000 | 1,000,000 | 15,000,000 | -18,000,000 | -177,000,000 | -51,000,000 | 125,000,000 | 1,670,000,000 | -395,000,000 | ||||||||
accrued compensation and employee benefits | 3,089,000,000 | 2,372,000,000 | 1,798,000,000 | 3,620,000,000 | 2,785,000,000 | 2,086,000,000 | 1,539,000,000 | 3,346,000,000 | 2,632,000,000 | -1,101,000,000 | 1,443,000,000 | 3,095,000,000 | 2,396,000,000 | 1,914,000,000 | 1,400,000,000 | 2,942,000,000 | 2,365,000,000 | 1,775,000,000 | 1,220,000,000 | 2,400,000,000 | 1,762,000,000 | 1,345,000,000 | 1,018,000,000 | 2,197,000,000 | 1,762,000,000 | 1,375,000,000 | 892,000,000 | 1,778,000,000 | 1,103,000,000 | 813,000,000 | 1,718,000,000 | 1,377,000,000 | 1,655,000,000 | 1,310,000,000 | 1,656,000,000 | 1,473,000,000 | -422,000,000 | -627,000,000 | 1,294,000,000 | -269,000,000 | -480,000,000 | 1,319,000,000 | -186,000,000 | -404,000,000 | -629,000,000 | -184,000,000 | -369,000,000 | -558,000,000 | 1,290,000,000 | -245,000,000 | ||||||||||||||
current lease liabilities | 332,000,000 | 335,000,000 | 327,000,000 | 325,000,000 | 313,000,000 | 304,000,000 | 310,000,000 | 312,000,000 | 303,000,000 | 306,000,000 | 310,000,000 | 298,000,000 | 314,000,000 | 331,000,000 | 332,000,000 | 339,000,000 | 342,000,000 | 342,000,000 | 342,000,000 | 335,000,000 | 332,000,000 | 334,000,000 | 342,000,000 | 341,000,000 | 347,000,000 | 291,000,000 | ||||||||||||||||||||||||||||||||||||||
accrued income taxes | 617,000,000 | 619,000,000 | 554,000,000 | 376,000,000 | 565,000,000 | 505,000,000 | 456,000,000 | 321,000,000 | 480,000,000 | 356,000,000 | 221,000,000 | 432,000,000 | 448,000,000 | 308,000,000 | 198,000,000 | 333,000,000 | 353,000,000 | 368,000,000 | 247,000,000 | 318,000,000 | 367,000,000 | 256,000,000 | 179,000,000 | 251,000,000 | 165,000,000 | 256,000,000 | 157,000,000 | 216,000,000 | 261,000,000 | 199,000,000 | 229,000,000 | 45,000,000 | 56,000,000 | 146,000,000 | 213,000,000 | 35,000,000 | 154,000,000 | 61,000,000 | 39,000,000 | 53,000,000 | 39,000,000 | 110,000,000 | 88,000,000 | 49,000,000 | 17,000,000 | 12,000,000 | 43,000,000 | -20,000,000 | 62,000,000 | -23,000,000 | -38,000,000 | -96,000,000 | -70,000,000 | 19,000,000 | -66,000,000 | -104,000,000 | -42,000,000 | 96,000,000 | -2,000,000 | |||||
dividends payable | 441,000,000 | 400,000,000 | 401,000,000 | 349,000,000 | 351,000,000 | 292,000,000 | 296,000,000 | 273,000,000 | 273,000,000 | 238,000,000 | 237,000,000 | 231,000,000 | 232,000,000 | 232,000,000 | 211,000,000 | 212,000,000 | 193,000,000 | 193,000,000 | 178,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
fiduciary liabilities | 12,001,000,000 | 11,871,000,000 | 11,579,000,000 | 11,276,000,000 | 11,923,000,000 | 11,497,000,000 | 11,458,000,000 | 10,794,000,000 | 11,828,000,000 | 10,834,000,000 | 10,660,000,000 | 10,608,000,000 | 10,530,000,000 | 10,461,000,000 | 9,622,000,000 | 10,408,000,000 | 9,936,000,000 | 8,782,000,000 | 8,585,000,000 | 8,765,000,000 | 7,441,000,000 | 7,661,000,000 | 7,344,000,000 | 7,547,000,000 | 6,807,000,000 | 5,243,000,000 | 5,001,000,000 | 5,118,000,000 | 5,140,000,000 | 4,847,000,000 | 5,128,000,000 | 4,241,000,000 | 4,532,000,000 | 4,146,000,000 | 3,992,000,000 | 3,824,000,000 | 3,559,000,000 | 3,612,000,000 | ||||||||||||||||||||||||||
total current liabilities | 21,098,000,000 | 19,400,000,000 | 19,775,000,000 | 19,518,000,000 | 19,604,000,000 | 18,864,000,000 | 18,660,000,000 | 19,795,000,000 | 20,605,000,000 | 7,914,000,000 | 7,172,000,000 | 7,292,000,000 | 7,016,000,000 | 6,587,000,000 | 6,654,000,000 | 6,659,000,000 | 5,816,000,000 | 6,123,000,000 | 6,556,000,000 | 6,530,000,000 | 5,928,000,000 | 6,859,000,000 | 6,679,000,000 | 6,204,000,000 | 6,382,000,000 | 5,739,000,000 | 4,924,000,000 | 4,216,000,000 | 4,122,000,000 | 4,262,000,000 | 3,814,000,000 | 4,082,000,000 | 3,825,000,000 | 3,708,000,000 | 3,564,000,000 | 3,105,000,000 | 3,703,000,000 | 3,493,000,000 | ||||||||||||||||||||||||||
long-term debt | 18,317,000,000 | 18,960,000,000 | 18,862,000,000 | 19,428,000,000 | 12,330,000,000 | 12,278,000,000 | 12,300,000,000 | 11,844,000,000 | 11,781,000,000 | 10,841,000,000 | 11,227,000,000 | 10,399,000,000 | 10,487,000,000 | 10,552,000,000 | 10,933,000,000 | 10,228,000,000 | 10,257,000,000 | 10,242,000,000 | 10,796,000,000 | 11,532,000,000 | 11,985,000,000 | 11,231,000,000 | 10,741,000,000 | 11,429,000,000 | 11,459,000,000 | 11,472,000,000 | 5,510,000,000 | 5,813,000,000 | 5,815,000,000 | 5,225,000,000 | 5,475,000,000 | 4,495,000,000 | 4,494,000,000 | 4,402,000,000 | 2,658,000,000 | 3,026,000,000 | 3,034,000,000 | 3,604,000,000 | ||||||||||||||||||||||||||
pension, post-retirement and post-employment benefits | 791,000,000 | 816,000,000 | 832,000,000 | 840,000,000 | 704,000,000 | 715,000,000 | 747,000,000 | 779,000,000 | 840,000,000 | 896,000,000 | 1,309,000,000 | 1,407,000,000 | 1,515,000,000 | 2,387,000,000 | 2,539,000,000 | 2,594,000,000 | 2,163,000,000 | 2,197,000,000 | 2,248,000,000 | 1,998,000,000 | 2,044,000,000 | 1,874,000,000 | 1,768,000,000 | 1,842,000,000 | 1,948,000,000 | 1,969,000,000 | ||||||||||||||||||||||||||||||||||||||
long-term lease liabilities | 1,514,000,000 | 1,546,000,000 | 1,563,000,000 | 1,590,000,000 | 1,618,000,000 | 1,586,000,000 | 1,600,000,000 | 1,661,000,000 | 1,643,000,000 | 1,723,000,000 | 1,667,000,000 | 1,620,000,000 | 1,752,000,000 | 1,831,000,000 | 1,880,000,000 | 1,900,000,000 | 1,992,000,000 | 1,850,000,000 | 1,924,000,000 | 1,902,000,000 | 1,902,000,000 | 1,898,000,000 | 1,926,000,000 | 1,957,000,000 | 1,981,000,000 | 1,590,000,000 | ||||||||||||||||||||||||||||||||||||||
liabilities for errors and omissions | 285,000,000 | 280,000,000 | 309,000,000 | 330,000,000 | 322,000,000 | 324,000,000 | 319,000,000 | 355,000,000 | 331,000,000 | 340,000,000 | 352,000,000 | 356,000,000 | 365,000,000 | 354,000,000 | 352,000,000 | 350,000,000 | 343,000,000 | 324,000,000 | 319,000,000 | 282,000,000 | 303,000,000 | 312,000,000 | 316,000,000 | 317,000,000 | 460,000,000 | |||||||||||||||||||||||||||||||||||||||
other liabilities | 1,419,000,000 | 1,577,000,000 | 1,406,000,000 | 1,265,000,000 | 1,396,000,000 | 1,261,000,000 | 1,319,000,000 | 1,267,000,000 | 1,226,000,000 | 10,000,000 | 1,433,000,000 | 1,363,000,000 | 1,281,000,000 | 1,521,000,000 | 1,695,000,000 | 1,712,000,000 | 1,564,000,000 | 1,720,000,000 | 1,514,000,000 | 1,485,000,000 | 1,450,000,000 | 1,415,000,000 | 1,361,000,000 | 1,397,000,000 | 1,388,000,000 | 1,594,000,000 | 1,194,000,000 | 1,362,000,000 | 11,000,000 | 1,262,000,000 | 1,267,000,000 | 1,311,000,000 | 1,006,000,000 | 9,000,000 | 957,000,000 | 999,000,000 | 1,128,000,000 | 174,000,000 | 124,000,000 | 906,000,000 | 201,000,000 | 68,000,000 | 26,000,000 | 93,000,000 | 64,000,000 | 50,000,000 | 1,123,000,000 | -117,000,000 | 44,000,000 | 15,000,000 | 1,035,000,000 | 63,000,000 | 39,000,000 | -113,000,000 | -18,000,000 | -110,000,000 | -138,000,000 | 1,135,000,000 | -199,000,000 | |||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 1 par value, authorized 6,000,000 shares, none issued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | |||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 1,457,000,000 | 1,362,000,000 | 1,253,000,000 | 1,370,000,000 | 1,289,000,000 | 1,197,000,000 | 1,112,000,000 | 1,242,000,000 | 1,150,000,000 | 1,064,000,000 | 1,179,000,000 | 1,111,000,000 | 1,044,000,000 | 1,026,000,000 | 1,112,000,000 | 1,034,000,000 | 945,000,000 | 851,000,000 | 943,000,000 | 882,000,000 | 814,000,000 | 746,000,000 | 862,000,000 | 796,000,000 | 736,000,000 | 681,000,000 | 817,000,000 | 732,000,000 | 682,000,000 | 784,000,000 | 783,000,000 | 842,000,000 | 812,000,000 | 861,000,000 | 1,107,000,000 | 1,185,000,000 | 1,211,000,000 | 1,242,000,000 | ||||||||||||||||||||||||||
retained earnings | 26,948,000,000 | 27,088,000,000 | 25,881,000,000 | 25,306,000,000 | 24,520,000,000 | 24,578,000,000 | 23,456,000,000 | 22,759,000,000 | 22,007,000,000 | 20,949,000,000 | 20,301,000,000 | 19,837,000,000 | 19,880,000,000 | 18,916,000,000 | 18,389,000,000 | 17,589,000,000 | 17,597,000,000 | 16,780,000,000 | 16,272,000,000 | 15,902,000,000 | 16,060,000,000 | 15,490,000,000 | 15,199,000,000 | 14,811,000,000 | 14,741,000,000 | 14,642,000,000 | 14,347,000,000 | 14,131,000,000 | 13,812,000,000 | 13,140,000,000 | 13,113,000,000 | 12,388,000,000 | 11,953,000,000 | 11,302,000,000 | 8,628,000,000 | 7,436,000,000 | 7,033,000,000 | 7,732,000,000 | ||||||||||||||||||||||||||
accumulated other comprehensive loss | -5,441,000,000 | -5,244,000,000 | -5,896,000,000 | -6,240,000,000 | -4,990,000,000 | -5,527,000,000 | -5,509,000,000 | -5,295,000,000 | -5,460,000,000 | -5,234,000,000 | -5,314,000,000 | -6,048,000,000 | -5,363,000,000 | -4,679,000,000 | -4,575,000,000 | -5,345,000,000 | -5,153,000,000 | -5,197,000,000 | -5,110,000,000 | -5,148,000,000 | -5,582,000,000 | -5,847,000,000 | -4,931,000,000 | -4,527,000,000 | -4,590,000,000 | -4,265,000,000 | -3,905,000,000 | -4,560,000,000 | -4,289,000,000 | -2,300,000,000 | -2,171,000,000 | -351,000,000 | ||||||||||||||||||||||||||||||||
non-controlling interests | 206,000,000 | 209,000,000 | 203,000,000 | 193,000,000 | 194,000,000 | 198,000,000 | 200,000,000 | 179,000,000 | 180,000,000 | 243,000,000 | 229,000,000 | 226,000,000 | 224,000,000 | 219,000,000 | 213,000,000 | 154,000,000 | 156,000,000 | 162,000,000 | 156,000,000 | 161,000,000 | 166,000,000 | 156,000,000 | 150,000,000 | 177,000,000 | 272,000,000 | 77,000,000 | 73,000,000 | 81,000,000 | 81,000,000 | 83,000,000 | 85,000,000 | 80,000,000 | 83,000,000 | 89,000,000 | 64,000,000 | 47,000,000 | 35,000,000 | |||||||||||||||||||||||||||
less – treasury shares, at cost, 70,639,222 shares at september 30, 2025and 69,239,488 shares at december 31, 2024 | -8,372,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total equity | 15,359,000,000 | 15,976,000,000 | 14,268,000,000 | 13,535,000,000 | 13,882,000,000 | 13,565,000,000 | 12,622,000,000 | 12,370,000,000 | 11,586,000,000 | 11,196,000,000 | 10,749,000,000 | 9,791,000,000 | 10,917,000,000 | 11,156,000,000 | 11,222,000,000 | 9,888,000,000 | 10,264,000,000 | 9,596,000,000 | 9,260,000,000 | 8,752,000,000 | 8,392,000,000 | 7,451,000,000 | 7,943,000,000 | 7,797,000,000 | 8,337,000,000 | 7,986,000,000 | 7,584,000,000 | 7,538,000,000 | 7,797,000,000 | 8,021,000,000 | 7,442,000,000 | 7,131,000,000 | 7,074,000,000 | 6,619,000,000 | 6,272,000,000 | 6,754,000,000 | 6,705,000,000 | 6,602,000,000 | 6,863,000,000 | 8,228,000,000 | 7,120,000,000 | 6,846,000,000 | 6,713,000,000 | 6,606,000,000 | 6,580,000,000 | 6,344,000,000 | 6,265,000,000 | 6,465,000,000 | 6,780,000,000 | 6,687,000,000 | 6,415,000,000 | 6,039,000,000 | 5,760,000,000 | 5,694,000,000 | ||||||||||
less – treasury shares, at cost, 68,964,746 shares at june 30, 2025and 69,239,488 shares at december 31, 2024 | -8,000,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 67,958,159 shares at march 31, 2025and 69,239,488 shares at december 31, 2024 | -7,734,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – allowance for credit losses | -167,000,000 | -151,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liability for errors and omissions | 305,000,000 | 314,000,000 | 355,000,000 | 355,000,000 | 366,000,000 | 335,000,000 | 287,000,000 | 301,000,000 | 308,000,000 | 318,000,000 | 430,000,000 | 518,000,000 | 596,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 69,239,488 shares at december 31, 2024 and 68,635,498 shares at december 31, 2023 | -7,655,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 69,608,340 shares at september 30, 2024and 68,635,498 shares at december 31, 2023 | -7,692,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 68,717,711 shares at june 30, 2024and 68,635,498 shares at december 31, 2023 | -7,442,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 67,816,273 shares at march 31, 2024and 68,635,498 shares at december 31, 2023 | -7,198,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 68,635,498 shares at december 31, 2023 and 65,855,914 shares at december 31, 2022 | -7,076,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 67,666,591 shares at september 30, 2023and 65,855,914 shares at december 31, 2022 | -6,852,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating cash flows: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income before non-controlling interests | 2,299,000,000 | 1,670,000,000 | 1,511,000,000 | 1,512,000,000 | 1,085,000,000 | 578,000,000 | 1,795,000,000 | 970,000,000 | 1,636,000,000 | 495,000,000 | 894,000,000 | 1,078,000,000 | 819,000,000 | 424,000,000 | 1,201,000,000 | 938,000,000 | 691,000,000 | 354,000,000 | 755,000,000 | 620,000,000 | 331,000,000 | 665,000,000 | 494,000,000 | 252,000,000 | 180,000,000 | |||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income provided by operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization of fixed assets and capitalized software | 175,000,000 | 311,000,000 | 236,000,000 | 312,000,000 | 156,000,000 | 80,000,000 | 308,000,000 | 154,000,000 | 314,000,000 | 77,000,000 | 149,000,000 | 213,000,000 | 142,000,000 | 69,000,000 | 277,000,000 | 201,000,000 | 133,000,000 | 66,000,000 | 200,000,000 | 133,000,000 | 67,000,000 | 222,000,000 | 154,000,000 | 80,000,000 | 229,000,000 | 151,000,000 | 74,000,000 | 249,000,000 | 168,000,000 | 83,000,000 | 278,000,000 | |||||||||||||||||||||||||||||||||
amortization of intangible assets | 172,000,000 | 183,000,000 | 135,000,000 | 169,000,000 | 80,000,000 | 40,000,000 | 130,000,000 | 67,000,000 | 109,000,000 | 24,000,000 | 42,000,000 | 53,000,000 | 35,000,000 | 18,000,000 | 72,000,000 | 53,000,000 | 34,000,000 | 17,000,000 | 50,000,000 | 32,000,000 | 16,000,000 | 52,000,000 | 36,000,000 | 17,000,000 | 48,000,000 | 32,000,000 | 16,000,000 | 53,000,000 | 36,000,000 | 18,000,000 | 60,000,000 | |||||||||||||||||||||||||||||||||
non-cash lease expense | 143,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments and payments related to contingent consideration assets and liabilities | -23,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deconsolidation of russian businesses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net gain on investments | -5,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income (gain) on disposition of assets | 19,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation expense | 191,000,000 | 193,000,000 | 146,000,000 | 149,000,000 | 75,000,000 | 42,000,000 | 109,000,000 | 58,000,000 | 88,000,000 | 24,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from taxes, net of payments and refunds | 245,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions to pension and other benefit plans in excess of current year credit | -164,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease liabilities | -159,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operations | 665,000,000 | 2,428,000,000 | 1,319,000,000 | 1,893,000,000 | 343,000,000 | 2,007,000,000 | 229,000,000 | 1,888,000,000 | 258,000,000 | 575,000,000 | 1,322,000,000 | 750,000,000 | 66,000,000 | 995,000,000 | 330,000,000 | -376,000,000 | 50,000,000 | 272,000,000 | 405,000,000 | -236,000,000 | -450,000,000 | 199,000,000 | -379,000,000 | -463,000,000 | 71,000,000 | |||||||||||||||||||||||||||||||||||||||
financing cash flows: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of treasury shares | -600,000,000 | -235,000,000 | -32,000,000 | -21,000,000 | -20,000,000 | -1,300,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of commercial paper | 308,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings from term-loan and credit facilities | 200,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of debt | 589,000,000 | 591,000,000 | 592,000,000 | 987,000,000 | 248,000,000 | 248,000,000 | 248,000,000 | 248,000,000 | 496,000,000 | 398,000,000 | 398,000,000 | 397,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of debt | -8,000,000 | -6,000,000 | -2,000,000 | -557,000,000 | -4,000,000 | -406,000,000 | -404,000,000 | -2,000,000 | -258,000,000 | -256,000,000 | -253,000,000 | -1,114,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of non-controlling interests | -139,000,000 | -21,000,000 | -13,000,000 | -15,000,000 | -15,000,000 | -24,000,000 | -24,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares withheld for taxes on vested units – treasury shares | -141,000,000 | -86,000,000 | -85,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock from treasury shares | 120,000,000 | 93,000,000 | 72,000,000 | 166,000,000 | 94,000,000 | 73,000,000 | 188,000,000 | 131,000,000 | 224,000,000 | 104,000,000 | 136,000,000 | 254,000,000 | 206,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
payments of deferred and contingent consideration for acquisitions | -185,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receipts of contingent consideration for dispositions | 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions of non-controlling interests | -10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid | -591,000,000 | -235,000,000 | -117,000,000 | -333,000,000 | -221,000,000 | -322,000,000 | -207,000,000 | -102,000,000 | -308,000,000 | -206,000,000 | -103,000,000 | -313,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fiduciary liabilities | 682,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 227,000,000 | 16,000,000 | 697,000,000 | 71,000,000 | 9,000,000 | -471,000,000 | -128,000,000 | -931,000,000 | -265,000,000 | -358,000,000 | -238,000,000 | 260,000,000 | -445,000,000 | -399,000,000 | -315,000,000 | -2,555,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
investing cash flows: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures | -185,000,000 | -142,000,000 | -67,000,000 | -193,000,000 | -143,000,000 | -209,000,000 | -143,000,000 | -69,000,000 | -334,000,000 | -224,000,000 | -122,000,000 | -262,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of long term investments | -30,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of long term investments | 16,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dispositions | -17,000,000 | 110,000,000 | 5,000,000 | 71,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,194,000,000 | 119,000,000 | 110,000,000 | 75,000,000 | 70,000,000 | 56,000,000 | 50,000,000 | 50,000,000 | 3,357,000,000 | |||||||||||||||||||||||||||||||||||||||||||
acquisitions, net of cash and cash held in a fiduciary capacity acquired | -292,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -501,000,000 | 8,000,000 | -221,000,000 | -168,000,000 | 817,000,000 | -153,000,000 | -114,000,000 | -60,000,000 | -62,000,000 | -350,000,000 | -235,000,000 | -118,000,000 | 2,997,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity | 242,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity | 633,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at beginning of period | 12,102,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at end of period | 12,735,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reconciliation of cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity to the consolidated balance sheets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at june 30, | 2,023,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity | 12,735,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – cash and cash equivalents held in a fiduciary capacity | -10,834,000,000 | -10,608,000,000 | -10,530,000,000 | -10,461,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 65,836,882 shares at march 31, 2023and 65,855,914 shares at december 31, 2022 | -6,387,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less - cash and cash equivalents held in a fiduciary capacity | -10,660,000,000 | -9,622,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension, postretirement and postemployment benefits | 921,000,000 | 1,632,000,000 | 2,662,000,000 | 2,336,000,000 | 1,911,000,000 | 1,888,000,000 | 2,076,000,000 | 2,058,000,000 | 2,094,000,000 | 1,211,000,000 | 709,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 560,641,640 shares at december 31, 2022 and 2021 | 561,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 65,855,914 shares at december 31, 2022 and 57,105,619 shares at december 31, 2021 | -6,207,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 64,102,660 shares at september 30, 2022and 57,105,619 shares at december 31, 2021 | -5,896,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 61,408,596 shares at june 30, 2022and 57,105,619 shares at december 31, 2021 | -5,429,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 58,524,983 shares at march 31, 2022and 57,105,619 shares at december 31, 2021 | -4,887,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issued 560,641,640 shares at december 31, 2021 and 2020 | 561,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 57,105,619 shares at december 31, 2021 and 52,914,550 shares at december 31, 2020 | -4,478,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – cash and investments held in a fiduciary capacity | -10,408,000,000 | -9,936,000,000 | -8,782,000,000 | -8,585,000,000 | -8,765,000,000 | -7,441,000,000 | -7,661,000,000 | -7,547,000,000 | -6,807,000,000 | -5,243,000,000 | -5,118,000,000 | -5,140,000,000 | -5,128,000,000 | -4,532,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 55,175,963 shares at september 30, 2021and 52,914,550 shares at december 31, 2020 | -4,105,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 53,676,347 shares at june 30, 2021and 52,914,550 shares at december 31, 2020 | -3,842,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 51,871,847 shares at march 31, 2021and 52,914,550 shares at december 31, 2020 | -3,561,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,600,000,000 shares, issued 560,641,640 shares at december 31, 2020 and december 31, 2019 | 561,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 52,914,550 shares at december 31, 2020 and 57,013,097 shares at december 31, 2019 | -3,562,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 53,626,539 shares at september 30, 2020 and 57,013,097 shares at december 31, 2019 | -3,606,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 54,263,059 shares at june 30, 2020 and 57,013,097 shares at december 31, 2019 | -3,627,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 54,694,523 shares at march 31, 2020 and 57,013,097 shares at december 31, 2019 | -3,655,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less-allowance for doubtful accounts and cancellations | -139,000,000 | -142,000,000 | -116,000,000 | -116,000,000 | -114,000,000 | -105,000,000 | -84,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition related derivatives | 283,000,000 | 441,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,600,000,000 shares, issued 560,641,640 shares at december 31, 2019 and december 31, 2018 | 561,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 57,013,097 shares at december 31, 2019 and 56,804,468 shares at december 31, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 55,643,998 shares at september 30, 2019 and 56,804,468 shares at december 31, 2018 | -3,617,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 54,073,164 shares at june 30, 2019 and 56,804,468 shares at december 31, 2018 | -3,446,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
funds held in escrow for acquisition | 6,359,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 53,623,897 shares at march 31, 2019 and 56,804,468 shares at december 31, 2018 | -3,385,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,600,000,000 shares, issued 560,641,640 shares at december 31, 2018 and december 31, 2017 | 561,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 56,804,468 shares at december 31, 2018 and 51,930,135 shares at december 31, 2017 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
for the years ended december 31, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash from operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments and payments related to contingent consideration liability | 11,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on deconsolidation of entity | 11,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit for deferred income taxes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on investments | 12,000,000 | 24,000,000 | 2,000,000 | -13,000,000 | -19,000,000 | 16,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on disposition of assets | 6,000,000 | 39,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in fair value of acquisition-related derivative contracts | 441,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions to pension and other benefit plans in excess of current year expense/credit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes | 18,000,000 | 104,000,000 | 48,000,000 | 70,000,000 | 90,000,000 | 26,000,000 | 13,000,000 | 36,000,000 | 19,000,000 | -71,000,000 | -69,000,000 | 54,000,000 | 86,000,000 | 59,000,000 | -80,000,000 | -90,000,000 | 12,000,000 | -92,000,000 | -48,000,000 | -23,000,000 | -76,000,000 | |||||||||||||||||||||||||||||||||||||||||||
net increase in commercial paper | 75,000,000 | 100,000,000 | 100,000,000 | 50,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of bridge loan fees | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sales (purchases) of long-term investments | 4,000,000 | 12,000,000 | 11,000,000 | 32,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of fixed assets | 3,000,000 | 3,000,000 | 8,000,000 | 4,000,000 | 1,000,000 | 4,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | 6,000,000 | 4,000,000 | 1,000,000 | 1,000,000 | 4,000,000 | 1,000,000 | 1,000,000 | 3,000,000 | 8,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||
acquisitions | -113,000,000 | -104,000,000 | -248,000,000 | -198,000,000 | -7,000,000 | -6,000,000 | -2,000,000 | -114,000,000 | -86,000,000 | -51,000,000 | -137,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | 251,000,000 | 119,000,000 | 67,000,000 | 16,000,000 | 82,000,000 | 74,000,000 | 61,000,000 | 127,000,000 | 108,000,000 | -18,000,000 | -121,000,000 | 195,000,000 | 140,000,000 | -19,000,000 | -76,000,000 | 45,000,000 | 48,000,000 | 217,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | 179,000,000 | 188,000,000 | -82,000,000 | 128,000,000 | -672,000,000 | 730,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | 1,205,000,000 | 1,026,000,000 | 1,374,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | 1,066,000,000 | 1,205,000,000 | 1,026,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from deferred income taxes | 66,000,000 | 396,000,000 | 42,000,000 | 25,000,000 | 68,000,000 | 48,000,000 | 178,000,000 | 87,000,000 | 83,000,000 | 137,000,000 | 71,000,000 | 51,000,000 | 96,000,000 | 18,000,000 | 25,000,000 | 35,000,000 | 91,000,000 | 73,000,000 | 110,000,000 | -40,000,000 | 22,000,000 | 100,000,000 | 25,000,000 | 16,000,000 | 16,000,000 | 56,000,000 | 72,000,000 | 41,000,000 | 68,000,000 | |||||||||||||||||||||||||||||||||||
change in fair value of acquisition related fx contract | 100,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net purchases of long-term investments | 6,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | -235,000,000 | -564,000,000 | -267,000,000 | -394,000,000 | -271,000,000 | -968,000,000 | -848,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 1,205,000,000 | 1,026,000,000 | 1,026,000,000 | 1,374,000,000 | 1,958,000,000 | 1,958,000,000 | 2,303,000,000 | 2,301,000,000 | 2,301,000,000 | 2,301,000,000 | 2,113,000,000 | 2,113,000,000 | 2,113,000,000 | 2,113,000,000 | 1,894,000,000 | 1,894,000,000 | 1,894,000,000 | 1,777,000,000 | 1,777,000,000 | 1,777,000,000 | 1,685,000,000 | 1,685,000,000 | 1,685,000,000 | 2,133,000,000 | 2,133,000,000 | 2,133,000,000 | 2,089,000,000 | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 951,000,000 | 966,000,000 | 930,000,000 | 974,000,000 | 1,374,000,000 | 1,104,000,000 | 2,005,000,000 | 2,174,000,000 | 1,230,000,000 | 1,263,000,000 | 2,301,000,000 | 2,044,000,000 | 1,504,000,000 | 1,410,000,000 | 1,714,000,000 | 1,659,000,000 | 1,330,000,000 | 1,695,000,000 | 1,510,000,000 | 1,167,000,000 | 1,813,000,000 | 1,291,000,000 | 1,414,000,000 | 1,461,000,000 | 1,165,000,000 | 1,285,000,000 | 2,819,000,000 | |||||||||||||||||||||||||||||||||||||
for the nine months ended september 30, | 2,010,000,000 | 2,009,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance, beginning and end of period | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
balance, beginning of year | 784,000,000 | 842,000,000 | 842,000,000 | 861,000,000 | 930,000,000 | 1,028,000,000 | 1,107,000,000 | 1,107,000,000 | 1,107,000,000 | 1,156,000,000 | 1,156,000,000 | 1,156,000,000 | 1,185,000,000 | 1,185,000,000 | 1,185,000,000 | 1,211,000,000 | 1,211,000,000 | 1,211,000,000 | 1,245,000,000 | 1,245,000,000 | 1,246,000,000 | |||||||||||||||||||||||||||||||||||||||||||
change in accrued stock compensation costs | 20,000,000 | -85,000,000 | -129,000,000 | -25,000,000 | -33,000,000 | 11,000,000 | 9,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of shares under stock compensation plans and employee stock purchase plans | 171,000,000 | 201,000,000 | 175,000,000 | 225,000,000 | 174,000,000 | 251,000,000 | 380,000,000 | 312,000,000 | 226,000,000 | 282,000,000 | 212,000,000 | 184,000,000 | 235,000,000 | 213,000,000 | 187,000,000 | 160,000,000 | 123,000,000 | 105,000,000 | 127,000,000 | 88,000,000 | 69,000,000 | |||||||||||||||||||||||||||||||||||||||||||
balance, end of period | 771,000,000 | 763,000,000 | 733,000,000 | 789,000,000 | 837,000,000 | 914,000,000 | 1,010,000,000 | 1,002,000,000 | 993,000,000 | 1,076,000,000 | 1,053,000,000 | 1,018,000,000 | 1,123,000,000 | 1,092,000,000 | 1,050,000,000 | 1,159,000,000 | 1,149,000,000 | 1,109,000,000 | 1,181,000,000 | 1,182,000,000 | 1,183,000,000 | |||||||||||||||||||||||||||||||||||||||||||
cumulative effect of adoption of the revenue recognition standard | 364,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of adoption of other accounting standards | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to the company | 1,497,000,000 | 1,070,000,000 | 569,000,000 | 953,000,000 | 482,000,000 | 874,000,000 | 1,054,000,000 | 801,000,000 | 413,000,000 | 917,000,000 | 676,000,000 | 347,000,000 | 737,000,000 | 607,000,000 | 325,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
dividend equivalents declared – | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared – | -348,000,000 | -229,000,000 | -437,000,000 | -322,000,000 | -418,000,000 | -312,000,000 | -208,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of adoption of the financial instruments standard | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income, net of tax | 552,000,000 | 256,000,000 | 14,000,000 | 94,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to non-controlling interests | 14,000,000 | 15,000,000 | 9,000,000 | 17,000,000 | 13,000,000 | 20,000,000 | 24,000,000 | 18,000,000 | 11,000,000 | 21,000,000 | 15,000,000 | 7,000,000 | 18,000,000 | 13,000,000 | 9,000,000 | 4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
distributions and other changes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,600,000,000 shares, issued 560,641,640 shares at june 30, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and december 31, 2017 | 561,000,000 | 561,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 55,507,129 shares at june 30, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 51,930,135 shares at december 31, 2017 | -3,443,000,000 | -3,210,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,600,000,000 shares, issued 560,641,640 shares at march 31, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 52,710,521 shares at march 31, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,600,000,000 shares, issued 560,641,640 shares at december 31, 2017 and december 31, 2016 | 561,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 51,930,135 shares at december 31, 2017 and 46,150,415 shares at december 31, 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposition of assets | 10,000,000 | 23,000,000 | 1,000,000 | 12,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (purchases) sales of long-term investments | 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,600,000,000 shares, issued 560,641,640 shares at september 30, 2017 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and december 31, 2016 | 561,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 49,484,693 shares at september 30, 2017 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 46,150,415 shares at december 31, 2016 | -2,851,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on deconsolidation of subsidiary | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on investments | -21,000,000 | -25,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposition of assets | 9,000,000 | 6,000,000 | 3,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 5,000,000 | 2,000,000 | 13,000,000 | 12,000,000 | 12,000,000 | 1,000,000 | -23,000,000 | 30,000,000 | 26,000,000 | 46,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from debt | 987,000,000 | 987,000,000 | 347,000,000 | 347,000,000 | 1,091,000,000 | 500,000,000 | 595,000,000 | 546,000,000 | 50,000,000 | 50,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
for the six months ended june 30, | 2,011,000,000 | 2,010,000,000 | 2,009,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of shares under stock compensation plans and employee stock purchase plans and related tax impact in 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deconsolidation of subsidiary | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on investments | 30,000,000 | 50,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
for the three months ended march 31, | 2,011,000,000 | 2,010,000,000 | 2,009,000,000 | 2,008,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,600,000,000 shares, issued 560,641,640 shares at december 31, 2016 and december 31, 2015 | 561,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 46,150,415 shares at december 31, 2016 and 38,743,686 shares at december 31, 2015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of early extinguishment of debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for early extinguishment of debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of equity investment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,600,000,000 shares, issued 560,641,640 shares at september 30, 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and december 31, 2015 | 561,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 44,118,274 shares at september 30, 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and 38,743,686 shares at december 31, 2015 | -2,366,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of shares under stock compensation plans and employee stock purchase plans and related tax impact | -6,000,000 | -6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive loss, net of tax | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,600,000,000 shares, issued 560,641,640 shares at december 31, 2015 and december 31, 2014 | 561,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 38,743,686 shares at december 31, 2015 and 20,499,596 shares at december 31, 2014 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible asset impairment | 5,000,000 | 8,000,000 | 8,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to acquisition related contingent consideration liability | 16,000,000 | 10,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other changes | 7,000,000 | 3,000,000 | 3,000,000 | -7,000,000 | 5,000,000 | -3,000,000 | -2,000,000 | -7,000,000 | -6,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
share based compensation expense | 51,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments of contingent consideration for acquisitions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net sales of long-term investments | 2,000,000 | 90,000,000 | 82,000,000 | 92,000,000 | 20,000,000 | 26,000,000 | 64,000,000 | 33,000,000 | 58,000,000 | 57,000,000 | 19,000,000 | 17,000,000 | 8,000,000 | 33,000,000 | 27,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
dividend equivalents declared - | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock option expense | 15,000,000 | 12,000,000 | 7,000,000 | 26,000,000 | 23,000,000 | 20,000,000 | 11,000,000 | 16,000,000 | 12,000,000 | 7,000,000 | 14,000,000 | 11,000,000 | 8,000,000 | 4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of subsidiary shares from non-controlling interests | 1,000,000 | 1,000,000 | -2,000,000 | -38,000,000 | -38,000,000 | -36,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividend equivalents declared | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive gain | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends and other changes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock | 135,000,000 | 248,000,000 | 151,000,000 | 95,000,000 | 77,000,000 | 123,000,000 | 112,000,000 | 89,000,000 | 28,000,000 | 18,000,000 | 10,000,000 | 28,000,000 | 20,000,000 | 11,000,000 | 121,000,000 | 63,000,000 | 41,000,000 | 169,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
current deferred tax assets | 410,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and intangible assets | 7,261,000,000 | 6,823,000,000 | 7,173,000,000 | 7,759,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,600,000,000 shares, issued 560,641,640 shares at december 31, 2012 and december 31, 2011 | 561,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less – treasury shares, at cost, 15,133,774 shares at december 31, 2012 and 21,463,226 shares at december 31, 2011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
charge for early extinguishment of debt | 72,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to non-controlling interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation adjustments | 152,000,000 | 162,000,000 | 235,000,000 | 171,000,000 | -44,000,000 | -360,000,000 | 393,000,000 | 304,000,000 | -43,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized investment holding losses, net of reclassification adjustments | -4,000,000 | -3,000,000 | -11,000,000 | -10,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net changes under benefit plans, net of tax | 33,000,000 | 91,000,000 | 5,000,000 | 85,000,000 | -9,000,000 | -51,000,000 | 88,000,000 | 135,000,000 | 118,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingent payments for acquisitions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance, beginning and end of year | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | 561,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of shares for acquisitions | -15,000,000 | -15,000,000 | 192,000,000 | -39,000,000 | -35,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividend equivalents paid | -7,000,000 | -4,000,000 | -12,000,000 | -8,000,000 | -10,000,000 | -8,000,000 | -3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total comprehensive income | 722,000,000 | 842,000,000 | 448,000,000 | 698,000,000 | 259,000,000 | 177,000,000 | 479,000,000 | 146,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents – reported as discontinued operations | 35,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents – continuing operations | 1,659,000,000 | 1,330,000,000 | 1,695,000,000 | 1,475,000,000 | 1,165,000,000 | 1,285,000,000 | 2,819,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to non-controlling interests, net of discontinued operations | 13,000,000 | 6,000,000 | 13,000,000 | 10,000,000 | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax receivable | 323,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less—allowance for doubtful accounts and cancellations | -114,000,000 | -117,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-current assets of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less—cash and investments held in a fiduciary capacity | -3,824,000,000 | -3,559,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less—treasury shares at cost, 20,132,120 at 2010 and 30,967,116 at 2009 | -514,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment charge | 315,000,000 | 315,000,000 | 540,000,000 | 540,000,000 | 425,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares withheld for taxes on vested units | -54,000,000 | -43,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of shares under stock compensation plans and employee stock purchase plans and related tax deficiency | -12,000,000 | -14,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to mmc | 652,000,000 | 484,000,000 | 248,000,000 | 204,000,000 | -17,000,000 | 176,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 6,415,000,000 | 6,043,000,000 | 6,014,000,000 | 5,863,000,000 | 7,822,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrual of stock based compensation | 6,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retirement and postemployment benefits | 1,184,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less—treasury shares at cost, 30,967,116 in 2009 and 46,375,622 in 2008 | -806,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 217,000,000 | -8,000,000 | -153,000,000 | -145,000,000 | -210,000,000 | 2,390,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales related to fixed assets | 7,000,000 | 4,000,000 | 1,000,000 | 11,000,000 | 2,000,000 | 3,000,000 | 6,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of shares under stock compensation plans and employee stock purchase plans and related tax benefits | 2,000,000 | 1,000,000 | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized investment holding gains, net of reclassification adjustments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net changes under asc topic no. 960, net of tax | -131,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized investment holding | -1,000,000 | -4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net changes under sfas 158, net of tax | -129,000,000 | 13,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total comprehensive income loss | 166,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of non-controlling interest | -24,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in accrued compensation costs | -31,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gains)/losses on investments | 37,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gains)/losses on disposition of assets | 21,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrual of stock-based compensation | 28,000,000 | 22,000,000 | 15,000,000 | 62,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents — reported as discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents — continuing operations | 1,461,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains/losses on investments | 12,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
disposition of assets | -2,000,000 | -6,000,000 | -1,844,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: potential minority interest associated with the putnam class b common shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income for diluted earnings per share | 65,000,000 | -210,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic weighted-average common shares outstanding | 512,000,000 | 519,000,000 | 534,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dilutive effect of potentially issuable common shares | 6,000,000 | 6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted weighted-average common shares outstanding | 518,000,000 | 519,000,000 | 540,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average stock price used to calculate common stock equivalents | 26,940,000 | 26,140,000 | 27,620,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on investments | -6,000,000 | -169,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: potential minority interest expense associated with putnam class b common shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less — allowance for doubtful accounts and cancellations | -119,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
regulatory settlements — current portion | 177,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less — cash and investments held in a fiduciary capacity | -3,612,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
regulatory settlements | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less — treasury shares at cost, 40,249,598 in 2007 and 8,727,764 in 2006 | -1,362,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: potential minority interest associated with the putnam class b common shares* | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income for diluted earnings per share | 1,945,000,000 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.