10-Q Filing

MARSH & MCLENNAN COMPANIES, INC. CIK: 62709 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0000062709-18-000039`
Period End Date	20180930
Filing Date	20181026
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	mmc-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 101 Income Statement 78 Cash Flow Statement 88 Stockholders Equity 18 Comprehensive Income 40

Balance Sheet 101 line items

Line Item	Tag	Value	Unit	Period
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.86B	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.83B	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.21B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$951.00M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	6.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.03B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.08B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	6.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Commissions and fees	`AccruedFeesandOtherRevenueReceivableGrossCurrent`	$4.08B	USD	Point-in-time
Commissions and fees	`AccruedFeesandOtherRevenueReceivableGrossCurrent`	$3.78B	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.60B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.60B	shares	Point-in-time
Advanced premiums and claims	`AdvancedPremiumsandClaimsReceivableGrossCurrent`	$65.00M	USD	Point-in-time
Advanced premiums and claims	`AdvancedPremiumsandClaimsReceivableGrossCurrent`	$56.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	560.64M	shares	Point-in-time
Other	`OtherReceivablesGrossCurrent`	$467.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	560.64M	shares	Point-in-time
Other	`OtherReceivablesGrossCurrent`	$401.00M	USD	Point-in-time
Treasury shares, shares	`TreasuryStockShares`	51.93M	shares	Point-in-time
Gross receivables	`AccountsReceivableGrossCurrent`	$4.24B	USD	Point-in-time
Treasury shares, shares	`TreasuryStockShares`	57.11M	shares	Point-in-time
Gross receivables	`AccountsReceivableGrossCurrent`	$4.60B	USD	Point-in-time
Less-allowance for doubtful accounts and cancellations	`AllowanceForDoubtfulAccountsReceivableCurrent`	$110.00M	USD	Point-in-time
Less-allowance for doubtful accounts and cancellations	`AllowanceForDoubtfulAccountsReceivableCurrent`	$124.00M	USD	Point-in-time
Net receivables	`ReceivablesNetCurrent`	$4.13B	USD	Point-in-time
Net receivables	`ReceivablesNetCurrent`	$4.48B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$224.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$539.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.56B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.97B	USD	Point-in-time
Goodwill	`Goodwill`	$9.10B	USD	Point-in-time
Goodwill	`Goodwill`	$8.37B	USD	Point-in-time
Goodwill	`Goodwill`	$9.44B	USD	Point-in-time
Goodwill	`Goodwill`	$9.09B	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	$1.27B	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	$1.33B	USD	Point-in-time
Fixed assets (net of accumulated depreciation and amortization of $1,863 at September 30, 2018 and $1,826 at December 31, 2017)	`PropertyPlantAndEquipmentNet`	$707.00M	USD	Point-in-time
Fixed assets (net of accumulated depreciation and amortization of $1,863 at September 30, 2018 and $1,826 at December 31, 2017)	`PropertyPlantAndEquipmentNet`	$712.00M	USD	Point-in-time
Pension related assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.69B	USD	Point-in-time
Pension related assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.81B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$497.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$669.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.43B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.38B	USD	Point-in-time
Total assets	`Assets`	$21.13B	USD	Point-in-time
Total assets	`Assets`	$20.43B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$262.00M	USD	Point-in-time
Short-term debt	`DebtCurrent`	$638.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.29B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.08B	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$1.41B	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$1.72B	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$179.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$199.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$211.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.73B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.26B	USD	Point-in-time
Fiduciary liabilities	`FiduciaryLiabilitiesGrossNoncurrent`	$4.85B	USD	Point-in-time
Fiduciary liabilities	`FiduciaryLiabilitiesGrossNoncurrent`	$5.18B	USD	Point-in-time
Less cash and investments held in a fiduciary capacity	`CashandInvestmentsHeldinFiduciaryCapacityNoncurrent`	$5.18B	USD	Point-in-time
Less cash and investments held in a fiduciary capacity	`CashandInvestmentsHeldinFiduciaryCapacityNoncurrent`	$4.85B	USD	Point-in-time
Net fiduciary assets	`FiduciaryLiabilitiesNetNoncurrent`	-	USD	Point-in-time
Net fiduciary assets	`FiduciaryLiabilitiesNetNoncurrent`	-	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$5.22B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$5.51B	USD	Point-in-time
Pension, post-retirement and post-employment benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.73B	USD	Point-in-time
Pension, post-retirement and post-employment benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.89B	USD	Point-in-time
Liabilities for errors and omissions	`LiabilityForErrorsAndOmissions`	$303.00M	USD	Point-in-time
Liabilities for errors and omissions	`LiabilityForErrorsAndOmissions`	$301.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.31B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.32B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $1 par value, authorized 6,000,000 shares, none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $1 par value, authorized 6,000,000 shares, none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $1 par value, authorized 1,600,000,000 shares, issued 560,641,640 shares at September 30, 2018 and December 31, 2017	`CommonStockValue`	$561.00M	USD	Point-in-time
Common stock, $1 par value, authorized 1,600,000,000 shares, issued 560,641,640 shares at September 30, 2018 and December 31, 2017	`CommonStockValue`	$561.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$784.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$771.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$13.14B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$14.20B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.04B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.49B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$83.00M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$85.00M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquitySubtotalBeforeTreasuryStock`	$11.12B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquitySubtotalBeforeTreasuryStock`	$10.53B	USD	Point-in-time
Less treasury shares, at cost, 57,107,062 shares at September 30, 2018 and 51,930,135 shares at December 31, 2017	`TreasuryStockValue`	$3.08B	USD	Point-in-time
Less treasury shares, at cost, 57,107,062 shares at September 30, 2018 and 51,930,135 shares at December 31, 2017	`TreasuryStockValue`	$3.59B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.44B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.13B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.54B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$20.43B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$21.13B	USD	Point-in-time

Income Statement 78 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$11.24B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$10.34B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.34B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.50B	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$1.97B	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$6.44B	USD	3 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$5.97B	USD	3 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$2.08B	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$880.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$2.38B	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$2.66B	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$838.00M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$8.35B	USD	3 Qtrs
Operating expenses	`OperatingExpenses`	$2.81B	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$2.96B	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$9.10B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$541.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.14B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$535.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.99B	USD	3 Qtrs
Other net benefit credits	`DefinedBenefitPlanOtherCosts`	$-62.00M	USD	1 Quarter
Other net benefit credits	`DefinedBenefitPlanOtherCosts`	$-185.00M	USD	3 Qtrs
Other net benefit credits	`DefinedBenefitPlanOtherCosts`	$-194.00M	USD	3 Qtrs
Other net benefit credits	`DefinedBenefitPlanOtherCosts`	$-63.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$6.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$8.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$60.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$178.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$69.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$198.00M	USD	3 Qtrs
Investment (loss) income	`InvestmentIncomeNet`	$-52.00M	USD	1 Quarter
Investment (loss) income	`InvestmentIncomeNet`	$-24.00M	USD	3 Qtrs
Investment (loss) income	`InvestmentIncomeNet`	$-2.00M	USD	1 Quarter
Investment (loss) income	`InvestmentIncomeNet`	$3.00M	USD	3 Qtrs
Change in fair value of acquisition related FX contract	`ChangeInUnrealizedGainLossOnForeignCurrencyFairValueHedgingInstruments1`	$-100.00M	USD	1 Quarter
Change in fair value of acquisition related FX contract	`ChangeInUnrealizedGainLossOnForeignCurrencyFairValueHedgingInstruments1`	-	USD	1 Quarter
Change in fair value of acquisition related FX contract	`ChangeInUnrealizedGainLossOnForeignCurrencyFairValueHedgingInstruments1`	$-100.00M	USD	3 Qtrs
Change in fair value of acquisition related FX contract	`ChangeInUnrealizedGainLossOnForeignCurrencyFairValueHedgingInstruments1`	-	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$537.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.02B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.00B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$385.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$106.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$519.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$509.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$140.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$397.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$279.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$1.51B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$1.48B	USD	3 Qtrs
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$19.00M	USD	3 Qtrs
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.00M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$14.00M	USD	3 Qtrs
Net income attributable to the Company	`NetIncomeLoss`	$276.00M	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLoss`	$1.50B	USD	3 Qtrs
Net income attributable to the Company	`NetIncomeLoss`	$1.46B	USD	3 Qtrs
Net income attributable to the Company	`NetIncomeLoss`	$393.00M	USD	1 Quarter
Basic net income per share attributable to the Company (usd per share)	`EarningsPerShareBasic`	$0.77	USD	1 Quarter
Basic net income per share attributable to the Company (usd per share)	`EarningsPerShareBasic`	$2.96	USD	3 Qtrs
Basic net income per share attributable to the Company (usd per share)	`EarningsPerShareBasic`	$0.55	USD	1 Quarter
Basic net income per share attributable to the Company (usd per share)	`EarningsPerShareBasic`	$2.85	USD	3 Qtrs
Diluted net income per share attributable to the Company (usd per share)	`EarningsPerShareDiluted`	$0.76	USD	1 Quarter
Diluted net income per share attributable to the Company (usd per share)	`EarningsPerShareDiluted`	$2.93	USD	3 Qtrs
Diluted net income per share attributable to the Company (usd per share)	`EarningsPerShareDiluted`	$2.81	USD	3 Qtrs
Diluted net income per share attributable to the Company (usd per share)	`EarningsPerShareDiluted`	$0.54	USD	1 Quarter
Average number of shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	512.00M	shares	1 Quarter
Average number of shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	506.00M	shares	3 Qtrs
Average number of shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	504.00M	shares	1 Quarter
Average number of shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	514.00M	shares	3 Qtrs
Average number of shares outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	512.00M	shares	3 Qtrs
Average number of shares outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	519.00M	shares	1 Quarter
Average number of shares outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	520.00M	shares	3 Qtrs
Average number of shares outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	510.00M	shares	1 Quarter
Shares outstanding at September 30,	`CommonStockSharesOutstanding`	504.00M	shares	Point-in-time
Shares outstanding at September 30,	`CommonStockSharesOutstanding`	511.00M	shares	Point-in-time

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net income before non-controlling interests	`ProfitLoss`	$397.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$279.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$1.51B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$1.48B	USD	3 Qtrs
Depreciation and amortization of fixed assets and capitalized software	`Depreciation`	$234.00M	USD	3 Qtrs
Depreciation and amortization of fixed assets and capitalized software	`Depreciation`	$236.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$122.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$135.00M	USD	3 Qtrs
Adjustments and payments related to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-10.00M	USD	3 Qtrs
Adjustments and payments related to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-30.00M	USD	3 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$66.00M	USD	3 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$52.00M	USD	3 Qtrs
Loss (gain) on investments	`GainLossOnInvestments`	$3.00M	USD	3 Qtrs
Loss (gain) on investments	`GainLossOnInvestments`	$-24.00M	USD	3 Qtrs
(Gain) loss on disposition of assets	`GainLossOnSaleOfOtherAssets`	$53.00M	USD	3 Qtrs
(Gain) loss on disposition of assets	`GainLossOnSaleOfOtherAssets`	$-9.00M	USD	3 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$146.00M	USD	3 Qtrs
Share-based compensation expense	`StockOptionPlanExpense`	$111.00M	USD	3 Qtrs
Change in fair value of acquisition related FX contract	`AcquisitionRelatedHedgingExpense`	-	USD	3 Qtrs
Change in fair value of acquisition related FX contract	`AcquisitionRelatedHedgingExpense`	$100.00M	USD	3 Qtrs
Net receivables	`IncreaseDecreaseInReceivables`	$248.00M	USD	3 Qtrs
Net receivables	`IncreaseDecreaseInReceivables`	$210.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$14.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-19.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$51.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$18.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$11.00M	USD	3 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-278.00M	USD	3 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-312.00M	USD	3 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$77.00M	USD	3 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-13.00M	USD	3 Qtrs
Contributions to pension and other benefit plans in excess of current year expense/credit	`PensionandOtherPostretirementBenefitContributionsInExcessofCurrentYearExpense`	$337.00M	USD	3 Qtrs
Contributions to pension and other benefit plans in excess of current year expense/credit	`PensionandOtherPostretirementBenefitContributionsInExcessofCurrentYearExpense`	$250.00M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$11.00M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$83.00M	USD	3 Qtrs
Effect of exchange rate changes	`EffectofExchangeRateonCashandCashEquivalentsfromOperatingActivities`	$-27.00M	USD	3 Qtrs
Effect of exchange rate changes	`EffectofExchangeRateonCashandCashEquivalentsfromOperatingActivities`	$-116.00M	USD	3 Qtrs
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$1.14B	USD	3 Qtrs
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$1.32B	USD	3 Qtrs
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$600.00M	USD	3 Qtrs
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$675.00M	USD	3 Qtrs
Net increase in commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	$75.00M	USD	3 Qtrs
Net increase in commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	-	USD	3 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$987.00M	USD	3 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$592.00M	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$313.00M	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$10.00M	USD	3 Qtrs
Payment of bridge loan fees	`PaymentsOfFinancingCosts`	$24.00M	USD	3 Qtrs
Payment of bridge loan fees	`PaymentsOfFinancingCosts`	-	USD	3 Qtrs
Shares withheld for taxes on vested units treasury shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$49.00M	USD	3 Qtrs
Shares withheld for taxes on vested units treasury shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$62.00M	USD	3 Qtrs
Issuance of common stock from treasury shares	`ProceedsFromIssuanceOrSaleOfEquity`	$134.00M	USD	3 Qtrs
Issuance of common stock from treasury shares	`ProceedsFromIssuanceOrSaleOfEquity`	$72.00M	USD	3 Qtrs
Payments of deferred and contingent consideration for acquisitions	`PaymentsforAcquisitionsDeferredandContingentConsideration`	$127.00M	USD	3 Qtrs
Payments of deferred and contingent consideration for acquisitions	`PaymentsforAcquisitionsDeferredandContingentConsideration`	$106.00M	USD	3 Qtrs
Distributions of non-controlling interests	`PaymentsToMinorityShareholders`	$15.00M	USD	3 Qtrs
Distributions of non-controlling interests	`PaymentsToMinorityShareholders`	$14.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$594.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$545.00M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-747.00M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-527.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$217.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$222.00M	USD	3 Qtrs
Net purchases of long-term investments	`PaymentsForProceedsFromInvestments`	$21.00M	USD	3 Qtrs
Net purchases of long-term investments	`PaymentsForProceedsFromInvestments`	$1.00M	USD	3 Qtrs
Proceeds from sales of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.00M	USD	3 Qtrs
Proceeds from sales of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.00M	USD	3 Qtrs
Dispositions	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$5.00M	USD	3 Qtrs
Dispositions	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	-	USD	3 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$629.00M	USD	3 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$536.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.00M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-859.00M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-752.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectofExchangeRateonCashandCashEquivalentsExcludingOperatingActivities`	$301.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectofExchangeRateonCashandCashEquivalentsExcludingOperatingActivities`	$-74.00M	USD	3 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-254.00M	USD	3 Qtrs
Decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$52.00M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.21B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$951.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.03B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.08B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.21B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$951.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.03B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.08B	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$1.43	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$1.58	USD	3 Qtrs
Dividend equivalents declared per share (in dollars per share)	`DividendEquivalentsPerShareCashDeclared`	$1.43	USD	3 Qtrs
Dividend equivalents declared per share (in dollars per share)	`DividendEquivalentsPerShareCashDeclared`	$1.58	USD	3 Qtrs
Balance, beginning of year	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.44B	USD	Point-in-time
Balance, beginning of year	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.13B	USD	Point-in-time
Balance, beginning of year	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.54B	USD	Point-in-time
Net income	`ProfitLoss`	$397.00M	USD	1 Quarter
Net income	`ProfitLoss`	$279.00M	USD	1 Quarter
Net income	`ProfitLoss`	$1.51B	USD	3 Qtrs
Net income	`ProfitLoss`	$1.48B	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-223.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-431.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$533.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-19.00M	USD	1 Quarter
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.44B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.13B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.54B	USD	Point-in-time

Comprehensive Income 40 line items

Line Item	Tag	Value	Unit	Period
Net income before non-controlling interests	`ProfitLoss`	$397.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$279.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$1.51B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$1.48B	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$652.00M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-538.00M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$127.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-237.00M	USD	1 Quarter
Unrealized investment (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$11.00M	USD	3 Qtrs
Unrealized investment (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	$-8.00M	USD	1 Quarter
Unrealized investment (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	-	USD	3 Qtrs
Unrealized investment (losses) gains	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax`	-	USD	1 Quarter
Gain (loss) related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$168.00M	USD	1 Quarter
Gain (loss) related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-23.00M	USD	1 Quarter
Gain (loss) related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-131.00M	USD	3 Qtrs
Gain (loss) related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$140.00M	USD	3 Qtrs
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$523.00M	USD	3 Qtrs
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-214.00M	USD	1 Quarter
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-49.00M	USD	1 Quarter
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-407.00M	USD	3 Qtrs
Income tax expense (benefit) on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$-10.00M	USD	3 Qtrs
Income tax expense (benefit) on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$9.00M	USD	1 Quarter
Income tax expense (benefit) on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$24.00M	USD	3 Qtrs
Income tax expense (benefit) on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$-30.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-223.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-431.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$533.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-19.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$378.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$56.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.08B	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.02B	USD	3 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$14.00M	USD	3 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.00M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$19.00M	USD	3 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.00M	USD	1 Quarter
Comprehensive income attributable to the Company	`ComprehensiveIncomeNetOfTax`	$53.00M	USD	1 Quarter
Comprehensive income attributable to the Company	`ComprehensiveIncomeNetOfTax`	$374.00M	USD	1 Quarter
Comprehensive income attributable to the Company	`ComprehensiveIncomeNetOfTax`	$1.07B	USD	3 Qtrs
Comprehensive income attributable to the Company	`ComprehensiveIncomeNetOfTax`	$2.00B	USD	3 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.