10-Q Filing

MARSH & MCLENNAN COMPANIES, INC. CIK: 62709 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0000062709-19-000016`
Period End Date	20190331
Filing Date	20190426
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	mmc-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 110 Income Statement 40 Cash Flow Statement 97 Stockholders Equity 14 Comprehensive Income 18

Balance Sheet 110 line items

Line Item	Tag	Value	Unit	Period
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.84B	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.89B	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`	$1.07B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	6.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	6.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.12B	USD	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
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Commissions and fees	`AccruedFeesandOtherRevenueReceivableGrossCurrent`	$3.98B	USD	Point-in-time
Commissions and fees	`AccruedFeesandOtherRevenueReceivableGrossCurrent`	$4.32B	USD	Point-in-time
Advanced premiums and claims	`AdvancedPremiumsandClaimsReceivableGrossCurrent`	$79.00M	USD	Point-in-time
Advanced premiums and claims	`AdvancedPremiumsandClaimsReceivableGrossCurrent`	$59.00M	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
Other	`OtherReceivablesGrossCurrent`	$372.00M	USD	Point-in-time
Other	`OtherReceivablesGrossCurrent`	$366.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	560.64M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	560.64M	shares	Point-in-time
Gross receivables	`AccountsReceivableGrossCurrent`	$4.43B	USD	Point-in-time
Treasury shares, shares	`TreasuryStockShares`	53.62M	shares	Point-in-time
Gross receivables	`AccountsReceivableGrossCurrent`	$4.75B	USD	Point-in-time
Treasury shares, shares	`TreasuryStockShares`	56.80M	shares	Point-in-time
Less-allowance for doubtful accounts and cancellations	`AllowanceForDoubtfulAccountsReceivableCurrent`	$112.00M	USD	Point-in-time
Less-allowance for doubtful accounts and cancellations	`AllowanceForDoubtfulAccountsReceivableCurrent`	$116.00M	USD	Point-in-time
Net receivables	`ReceivablesNetCurrent`	$4.32B	USD	Point-in-time
Net receivables	`ReceivablesNetCurrent`	$4.63B	USD	Point-in-time
Funds held in escrow for acquisition	`EscrowDeposit`	$6.36B	USD	Point-in-time
Funds held in escrow for acquisition	`EscrowDeposit`	-	USD	Point-in-time
Funds held in escrow for acquisition	`EscrowDeposit`	-	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$551.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$569.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.93B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$12.68B	USD	Point-in-time
Goodwill	`Goodwill`	$9.74B	USD	Point-in-time
Goodwill	`Goodwill`	$9.19B	USD	Point-in-time
Goodwill	`Goodwill`	$9.09B	USD	Point-in-time
Goodwill	`Goodwill`	$9.60B	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	$1.46B	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	$1.44B	USD	Point-in-time
Fixed assets (net of accumulated depreciation and amortization of $1,889 at March 31, 2019 and $1,842 at December 31, 2018)	`PropertyPlantAndEquipmentNet`	$716.00M	USD	Point-in-time
Fixed assets (net of accumulated depreciation and amortization of $1,889 at March 31, 2019 and $1,842 at December 31, 2018)	`PropertyPlantAndEquipmentNet`	$701.00M	USD	Point-in-time
Pension related assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.69B	USD	Point-in-time
Pension related assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.81B	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$1.62B	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$680.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$680.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.42B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.54B	USD	Point-in-time
Total assets	`Assets`	$30.14B	USD	Point-in-time
Total assets	`Assets`	$21.58B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$1.56B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$314.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.23B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.24B	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$892.00M	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$1.78B	USD	Point-in-time
Acquisition related derivatives	`DerivativeLiabilitiesCurrent`	$441.00M	USD	Point-in-time
Acquisition related derivatives	`DerivativeLiabilitiesCurrent`	$283.00M	USD	Point-in-time
Current lease liabilities	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Current lease liabilities	`OperatingLeaseLiabilityCurrent`	$291.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$157.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$256.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	-	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$211.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.92B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.74B	USD	Point-in-time
Fiduciary liabilities	`FiduciaryLiabilitiesGrossNoncurrent`	$5.00B	USD	Point-in-time
Fiduciary liabilities	`FiduciaryLiabilitiesGrossNoncurrent`	$5.24B	USD	Point-in-time
Less cash and investments held in a fiduciary capacity	`CashandInvestmentsHeldinFiduciaryCapacityNoncurrent`	$5.24B	USD	Point-in-time
Less cash and investments held in a fiduciary capacity	`CashandInvestmentsHeldinFiduciaryCapacityNoncurrent`	$5.00B	USD	Point-in-time
Net fiduciary assets	`FiduciaryLiabilitiesNetNoncurrent`	-	USD	Point-in-time
Net fiduciary assets	`FiduciaryLiabilitiesNetNoncurrent`	-	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$5.51B	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$11.47B	USD	Point-in-time
Pension, post-retirement and post-employment benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.87B	USD	Point-in-time
Pension, post-retirement and post-employment benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$1.91B	USD	Point-in-time
Long-term lease liability	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Long-term lease liability	`OperatingLeaseLiabilityNoncurrent`	$1.59B	USD	Point-in-time
Liabilities for errors and omissions	`LiabilityForErrorsAndOmissions`	$282.00M	USD	Point-in-time
Liabilities for errors and omissions	`LiabilityForErrorsAndOmissions`	$287.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.19B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.36B	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 March 31, 2019 and December 31, 2018	`CommonStockValue`	$561.00M	USD	Point-in-time
Common stock, $1 par value, authorized 1,600,000,000 shares, issued 560,641,640 shares at March 31, 2019 and December 31, 2018	`CommonStockValue`	$561.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$817.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$681.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$14.64B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$14.35B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.65B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.59B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$73.00M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$77.00M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquitySubtotalBeforeTreasuryStock`	$11.15B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquitySubtotalBeforeTreasuryStock`	$11.37B	USD	Point-in-time
Less treasury shares, at cost, 53,623,897 shares at March 31, 2019 and 56,804,468 shares at December 31, 2018	`TreasuryStockValue`	$3.57B	USD	Point-in-time
Less treasury shares, at cost, 53,623,897 shares at March 31, 2019 and 56,804,468 shares at December 31, 2018	`TreasuryStockValue`	$3.38B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.02B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.58B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.99B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$21.58B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$30.14B	USD	Point-in-time

Income Statement 40 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$4.00B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$4.07B	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$2.28B	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$2.22B	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$851.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$868.00M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$3.09B	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$3.13B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$908.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$938.00M	USD	1 Quarter
Other net benefit credits	`DefinedBenefitPlanOtherCosts`	$-64.00M	USD	1 Quarter
Other net benefit credits	`DefinedBenefitPlanOtherCosts`	$-66.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$28.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$61.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$120.00M	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	-	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$5.00M	USD	1 Quarter
Change in fair value of acquisition related derivative contracts	`ChangeInUnrealizedGainLossOnForeignCurrencyFairValueHedgingInstruments1`	$29.00M	USD	1 Quarter
Change in fair value of acquisition related derivative contracts	`ChangeInUnrealizedGainLossOnForeignCurrencyFairValueHedgingInstruments1`	-	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$944.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$916.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$220.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$217.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$696.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$727.00M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$11.00M	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLoss`	$690.00M	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLoss`	$716.00M	USD	1 Quarter
Basic net income per share attributable to the Company (usd per share)	`EarningsPerShareBasic`	$1.36	USD	1 Quarter
Basic net income per share attributable to the Company (usd per share)	`EarningsPerShareBasic`	$1.42	USD	1 Quarter
Diluted net income per share attributable to the Company (usd per share)	`EarningsPerShareDiluted`	$1.34	USD	1 Quarter
Diluted net income per share attributable to the Company (usd per share)	`EarningsPerShareDiluted`	$1.40	USD	1 Quarter
Average number of shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	508.00M	shares	1 Quarter
Average number of shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	505.00M	shares	1 Quarter
Average number of shares outstanding - Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	511.00M	shares	1 Quarter
Average number of shares outstanding - Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	514.00M	shares	1 Quarter
Shares outstanding at March 31,	`CommonStockSharesOutstanding`	507.00M	shares	Point-in-time
Shares outstanding at March 31,	`CommonStockSharesOutstanding`	508.00M	shares	Point-in-time

Cash Flow Statement 97 line items

Line Item	Tag	Value	Unit	Period
Net income before non-controlling interests	`ProfitLoss`	$696.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$727.00M	USD	1 Quarter
Depreciation and amortization of fixed assets and capitalized software	`Depreciation`	$80.00M	USD	1 Quarter
Depreciation and amortization of fixed assets and capitalized software	`Depreciation`	$74.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$45.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$51.00M	USD	1 Quarter
Amortization of right of use asset	`FinanceLeaseRightOfUseAssetAmortization`	-	USD	1 Quarter
Amortization of right of use asset	`FinanceLeaseRightOfUseAssetAmortization`	$68.00M	USD	1 Quarter
Adjustments and payments related to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-5.00M	USD	1 Quarter
Adjustments and payments related to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-18.00M	USD	1 Quarter
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-9.00M	USD	1 Quarter
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$11.00M	USD	1 Quarter
(Gain) loss on investments	`GainLossOnInvestments`	-	USD	1 Quarter
(Gain) loss on investments	`GainLossOnInvestments`	$5.00M	USD	1 Quarter
(Gain) loss on disposition of assets	`GainLossOnSaleOfOtherAssets`	$1.00M	USD	1 Quarter
(Gain) loss on disposition of assets	`GainLossOnSaleOfOtherAssets`	-	USD	1 Quarter
Share-based compensation expense	`StockOptionPlanExpense`	$57.00M	USD	1 Quarter
Share-based compensation expense	`StockOptionPlanExpense`	$50.00M	USD	1 Quarter
Change in fair value of acquisition-related derivative contracts	`AcquisitionRelatedHedgingExpense`	-	USD	1 Quarter
Change in fair value of acquisition-related derivative contracts	`AcquisitionRelatedHedgingExpense`	$-29.00M	USD	1 Quarter
Net receivables	`IncreaseDecreaseInReceivables`	$357.00M	USD	1 Quarter
Net receivables	`IncreaseDecreaseInReceivables`	$309.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$37.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-2.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$32.00M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$135.00M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$79.00M	USD	1 Quarter
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-886.00M	USD	1 Quarter
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-905.00M	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$61.00M	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$96.00M	USD	1 Quarter
Contributions to pension and other benefit plans in excess of current year expense/credit	`PensionandOtherPostretirementBenefitContributionsInExcessofCurrentYearExpense`	$96.00M	USD	1 Quarter
Contributions to pension and other benefit plans in excess of current year expense/credit	`PensionandOtherPostretirementBenefitContributionsInExcessofCurrentYearExpense`	$80.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$42.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$17.00M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	-	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-73.00M	USD	1 Quarter
Effect of exchange rate changes	`EffectofExchangeRateonCashandCashEquivalentsfromOperatingActivities`	$-23.00M	USD	1 Quarter
Effect of exchange rate changes	`EffectofExchangeRateonCashandCashEquivalentsfromOperatingActivities`	$-65.00M	USD	1 Quarter
Net cash used for operations	`NetCashProvidedByUsedInOperatingActivities`	$-276.00M	USD	1 Quarter
Net cash used for operations	`NetCashProvidedByUsedInOperatingActivities`	$-364.00M	USD	1 Quarter
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$250.00M	USD	1 Quarter
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Net increase in commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	$249.00M	USD	1 Quarter
Net increase in commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	$748.00M	USD	1 Quarter
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$592.00M	USD	1 Quarter
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$6.46B	USD	1 Quarter
Repayments of debt	`RepaymentsOfLongTermDebt`	$3.00M	USD	1 Quarter
Repayments of debt	`RepaymentsOfLongTermDebt`	$3.00M	USD	1 Quarter
Acquisition-related hedging payments	`PaymentsForDerivativeInstrumentFinancingActivities`	$129.00M	USD	1 Quarter
Acquisition-related hedging payments	`PaymentsForDerivativeInstrumentFinancingActivities`	-	USD	1 Quarter
Shares withheld for taxes on vested units treasury shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$86.00M	USD	1 Quarter
Shares withheld for taxes on vested units treasury shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$61.00M	USD	1 Quarter
Issuance of common stock from treasury shares	`ProceedsFromIssuanceOrSaleOfEquity`	$32.00M	USD	1 Quarter
Issuance of common stock from treasury shares	`ProceedsFromIssuanceOrSaleOfEquity`	$77.00M	USD	1 Quarter
Payments of deferred and contingent consideration for acquisitions	`PaymentsforAcquisitionsDeferredandContingentConsideration`	$70.00M	USD	1 Quarter
Payments of deferred and contingent consideration for acquisitions	`PaymentsforAcquisitionsDeferredandContingentConsideration`	$29.00M	USD	1 Quarter
Distributions of non-controlling interests	`PaymentsToMinorityShareholders`	$4.00M	USD	1 Quarter
Distributions of non-controlling interests	`PaymentsToMinorityShareholders`	$6.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$189.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$210.00M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$294.00M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.83B	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$58.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$73.00M	USD	1 Quarter
Sales of long-term investments	`PaymentsForProceedsFromInvestments`	$-115.00M	USD	1 Quarter
Sales of long-term investments	`PaymentsForProceedsFromInvestments`	$-9.00M	USD	1 Quarter
Purchase of equity investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	1 Quarter
Purchase of equity investment	`PaymentsToAcquireEquityMethodInvestments`	$88.00M	USD	1 Quarter
Proceeds from sales of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.00M	USD	1 Quarter
Proceeds from sales of fixed assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.00M	USD	1 Quarter
Dispositions	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$3.00M	USD	1 Quarter
Dispositions	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	-	USD	1 Quarter
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$140.00M	USD	1 Quarter
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$24.00M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$2.00M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$1.00M	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-187.00M	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-70.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectofExchangeRateonCashandCashEquivalentsExcludingOperatingActivities`	$47.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectofExchangeRateonCashandCashEquivalentsExcludingOperatingActivities`	$103.00M	USD	1 Quarter
Increase (decrease) in cash and cash equivalents and funds held in escrow	`CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsandFundsHeldinEscrowPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$6.41B	USD	1 Quarter
Increase (decrease) in cash and cash equivalents and funds held in escrow	`CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsandFundsHeldinEscrowPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-37.00M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.12B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.21B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.07B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.17B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.12B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.21B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.07B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.17B	USD	Point-in-time
Funds held in escrow for acquisition	`EscrowDeposit`	$6.36B	USD	Point-in-time
Funds held in escrow for acquisition	`EscrowDeposit`	-	USD	Point-in-time
Funds held in escrow for acquisition	`EscrowDeposit`	-	USD	Point-in-time
Total	`CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsandFundsHeldinAcquisitionRelatedEscrow`	$7.48B	USD	Point-in-time
Total	`CashCashEquivalentsRestrictedCashandRestrictedCashEquivalentsandFundsHeldinAcquisitionRelatedEscrow`	$1.17B	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$0.83	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$0.75	USD	1 Quarter
Dividend equivalents declared per share (in dollars per share)	`DividendEquivalentsPerShareCashDeclared`	$0.75	USD	1 Quarter
Dividend equivalents declared per share (in dollars per share)	`DividendEquivalentsPerShareCashDeclared`	$0.83	USD	1 Quarter
Balance, beginning of year	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.02B	USD	Point-in-time
Balance, beginning of year	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.58B	USD	Point-in-time
Balance, beginning of year	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.99B	USD	Point-in-time
Net income	`ProfitLoss`	$696.00M	USD	1 Quarter
Net income	`ProfitLoss`	$727.00M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$57.00M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$152.00M	USD	1 Quarter
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.02B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.58B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.99B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income before non-controlling interests	`ProfitLoss`	$696.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$727.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$228.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$96.00M	USD	1 Quarter
(Loss) related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$43.00M	USD	1 Quarter
(Loss) related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$84.00M	USD	1 Quarter
Other comprehensive income, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$144.00M	USD	1 Quarter
Other comprehensive income, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$53.00M	USD	1 Quarter
Income tax (benefit) on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$-4.00M	USD	1 Quarter
Income tax (benefit) on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$-8.00M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$57.00M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$152.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$784.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$848.00M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$11.00M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Comprehensive income attributable to the Company	`ComprehensiveIncomeNetOfTax`	$842.00M	USD	1 Quarter
Comprehensive income attributable to the Company	`ComprehensiveIncomeNetOfTax`	$773.00M	USD	1 Quarter

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