10-Q Filing

MARSH & MCLENNAN COMPANIES, INC. CIK: 62709 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0000062709-20-000053`
Period End Date	20200930
Filing Date	20201030
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	mmc-20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 105 Income Statement 82 Cash Flow Statement 107 Stockholders Equity 18 Comprehensive Income 36

Balance Sheet 105 line items

Line Item	Tag	Value	Unit	Period
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.11B	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.00B	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
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`	$1.16B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.39B	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
Commissions and fees	`AccruedFeesandOtherRevenueReceivableGrossCurrent`	$4.66B	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Commissions and fees	`AccruedFeesandOtherRevenueReceivableGrossCurrent`	$4.61B	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Advanced premiums and claims	`AdvancedPremiumsandClaimsReceivableGrossCurrent`	$123.00M	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
Advanced premiums and claims	`AdvancedPremiumsandClaimsReceivableGrossCurrent`	$121.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	560.64M	shares	Point-in-time
Other	`OtherReceivablesGrossCurrent`	$645.00M	USD	Point-in-time
Other	`OtherReceivablesGrossCurrent`	$604.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	560.64M	shares	Point-in-time
Gross receivables	`AccountsReceivableGrossCurrent`	$5.38B	USD	Point-in-time
Gross receivables	`AccountsReceivableGrossCurrent`	$5.38B	USD	Point-in-time
Treasury shares, shares	`TreasuryStockShares`	57.01M	shares	Point-in-time
Treasury shares, shares	`TreasuryStockShares`	53.63M	shares	Point-in-time
Less-allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$147.00M	USD	Point-in-time
Less-allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$140.00M	USD	Point-in-time
Net receivables	`ReceivablesNetCurrent`	$5.24B	USD	Point-in-time
Net receivables	`ReceivablesNetCurrent`	$5.24B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$677.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$688.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$7.07B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$8.31B	USD	Point-in-time
Goodwill	`Goodwill`	$14.67B	USD	Point-in-time
Goodwill	`Goodwill`	$15.03B	USD	Point-in-time
Goodwill	`Goodwill`	$14.29B	USD	Point-in-time
Goodwill	`Goodwill`	$9.60B	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	$2.77B	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	$2.71B	USD	Point-in-time
Fixed assets (net of accumulated depreciation and amortization of $2,113 at September 30, 2020 and $2,001 at December 31, 2019)	`PropertyPlantAndEquipmentNet`	$864.00M	USD	Point-in-time
Fixed assets (net of accumulated depreciation and amortization of $2,113 at September 30, 2020 and $2,001 at December 31, 2019)	`PropertyPlantAndEquipmentNet`	$858.00M	USD	Point-in-time
Pension related assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.82B	USD	Point-in-time
Pension related assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.63B	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$1.92B	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$1.88B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$623.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$676.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.76B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.43B	USD	Point-in-time
Total assets	`Assets`	$31.36B	USD	Point-in-time
Total assets	`Assets`	$32.68B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$1.22B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$1.22B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.75B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.66B	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$1.76B	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$2.20B	USD	Point-in-time
Current lease liabilities	`OperatingLeaseLiabilityCurrent`	$335.00M	USD	Point-in-time
Current lease liabilities	`OperatingLeaseLiabilityCurrent`	$342.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$179.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$318.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	-	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$237.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.53B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.68B	USD	Point-in-time
Fiduciary liabilities	`FiduciaryLiabilitiesGrossNoncurrent`	$8.77B	USD	Point-in-time
Fiduciary liabilities	`FiduciaryLiabilitiesGrossNoncurrent`	$7.34B	USD	Point-in-time
Less cash and investments held in a fiduciary capacity	`CashandInvestmentsHeldinFiduciaryCapacityNoncurrent`	$8.77B	USD	Point-in-time
Less cash and investments held in a fiduciary capacity	`CashandInvestmentsHeldinFiduciaryCapacityNoncurrent`	$7.34B	USD	Point-in-time
Net fiduciary assets	`FiduciaryLiabilitiesNetNoncurrent`	-	USD	Point-in-time
Net fiduciary assets	`FiduciaryLiabilitiesNetNoncurrent`	-	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$10.74B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$11.53B	USD	Point-in-time
Pension, post-retirement and post-employment benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$2.16B	USD	Point-in-time
Pension, post-retirement and post-employment benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$2.34B	USD	Point-in-time
Long-term lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.93B	USD	Point-in-time
Long-term lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.90B	USD	Point-in-time
Liabilities for errors and omissions	`LiabilityForErrorsAndOmissions`	$352.00M	USD	Point-in-time
Liabilities for errors and omissions	`LiabilityForErrorsAndOmissions`	$335.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.40B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.45B	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, 2020 and December 31, 2019	`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, 2020 and December 31, 2019	`CommonStockValue`	$561.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$882.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$862.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.90B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$15.20B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.15B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.05B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$161.00M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$150.00M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquitySubtotalBeforeTreasuryStock`	$12.36B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquitySubtotalBeforeTreasuryStock`	$11.72B	USD	Point-in-time
Less treasury shares, at cost, 53,626,539 shares at September 30, 2020 and 57,013,097 shares at December 31, 2019	`TreasuryStockValue`	$3.61B	USD	Point-in-time
Less treasury shares, at cost, 53,626,539 shares at September 30, 2020 and 57,013,097 shares at December 31, 2019	`TreasuryStockValue`	$3.77B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.94B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.80B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.75B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$31.36B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$32.68B	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.97B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.97B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$12.39B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$12.81B	USD	3 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$2.44B	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$2.50B	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$7.26B	USD	3 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$7.48B	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$933.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$1.06B	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$2.83B	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$3.05B	USD	3 Qtrs
Operating expenses	`OperatingExpenses`	$3.50B	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$3.43B	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$10.30B	USD	3 Qtrs
Operating expenses	`OperatingExpenses`	$10.31B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$540.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.08B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$2.50B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$467.00M	USD	1 Quarter
Other net benefit credits	`DefinedBenefitPlanOtherCosts`	$-69.00M	USD	1 Quarter
Other net benefit credits	`DefinedBenefitPlanOtherCosts`	$-60.00M	USD	1 Quarter
Other net benefit credits	`DefinedBenefitPlanOtherCosts`	$-203.00M	USD	3 Qtrs
Other net benefit credits	`DefinedBenefitPlanOtherCosts`	$-187.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$34.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$4.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$5.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$133.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$394.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$128.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$387.00M	USD	3 Qtrs
Cost of extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Cost of extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Cost of extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-32.00M	USD	3 Qtrs
Cost of extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Investment (loss) income	`GainLossOnInvestments`	$-47.00M	USD	3 Qtrs
Investment (loss) income	`GainLossOnInvestments`	$-14.00M	USD	1 Quarter
Investment (loss) income	`GainLossOnInvestments`	$20.00M	USD	3 Qtrs
Investment (loss) income	`GainLossOnInvestments`	$7.00M	USD	1 Quarter
Acquisition related derivative contracts	`ChangeInUnrealizedGainLossOnForeignCurrencyFairValueHedgingInstruments1`	-	USD	1 Quarter
Acquisition related derivative contracts	`ChangeInUnrealizedGainLossOnForeignCurrencyFairValueHedgingInstruments1`	-	USD	1 Quarter
Acquisition related derivative contracts	`ChangeInUnrealizedGainLossOnForeignCurrencyFairValueHedgingInstruments1`	-	USD	3 Qtrs
Acquisition related derivative contracts	`ChangeInUnrealizedGainLossOnForeignCurrencyFairValueHedgingInstruments1`	$-8.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$459.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.91B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.25B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$414.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$586.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$139.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$531.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$108.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$320.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$1.38B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$1.67B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$306.00M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$25.00M	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`	$4.00M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$26.00M	USD	3 Qtrs
Net income attributable to the Company	`NetIncomeLoss`	$316.00M	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLoss`	$303.00M	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLoss`	$1.64B	USD	3 Qtrs
Net income attributable to the Company	`NetIncomeLoss`	$1.35B	USD	3 Qtrs
Basic net income per share attributable to the Company (usd per share)	`EarningsPerShareBasic`	$0.60	USD	1 Quarter
Basic net income per share attributable to the Company (usd per share)	`EarningsPerShareBasic`	$0.62	USD	1 Quarter
Basic net income per share attributable to the Company (usd per share)	`EarningsPerShareBasic`	$2.67	USD	3 Qtrs
Basic net income per share attributable to the Company (usd per share)	`EarningsPerShareBasic`	$3.25	USD	3 Qtrs
Diluted net income per share attributable to the Company (usd per share)	`EarningsPerShareDiluted`	$0.62	USD	1 Quarter
Diluted net income per share attributable to the Company (usd per share)	`EarningsPerShareDiluted`	$2.64	USD	3 Qtrs
Diluted net income per share attributable to the Company (usd per share)	`EarningsPerShareDiluted`	$0.59	USD	1 Quarter
Diluted net income per share attributable to the Company (usd per share)	`EarningsPerShareDiluted`	$3.21	USD	3 Qtrs
Average number of shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	506.00M	shares	3 Qtrs
Average number of shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	506.00M	shares	1 Quarter
Average number of shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	507.00M	shares	1 Quarter
Average number of shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	506.00M	shares	3 Qtrs
Average number of shares outstanding - Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	511.00M	shares	1 Quarter
Average number of shares outstanding - Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	512.00M	shares	1 Quarter
Average number of shares outstanding - Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	511.00M	shares	3 Qtrs
Average number of shares outstanding - Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	511.00M	shares	3 Qtrs
Shares outstanding (in shares)	`CommonStockSharesOutstanding`	507.00M	shares	Point-in-time
Shares outstanding (in shares)	`CommonStockSharesOutstanding`	505.00M	shares	Point-in-time

Cash Flow Statement 107 line items

Line Item	Tag	Value	Unit	Period
Net income before non-controlling interests	`ProfitLoss`	$320.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$1.38B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$1.67B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$306.00M	USD	1 Quarter
Depreciation and amortization of fixed assets and capitalized software	`Depreciation`	$282.00M	USD	3 Qtrs
Depreciation and amortization of fixed assets and capitalized software	`Depreciation`	$245.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$265.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$235.00M	USD	3 Qtrs
Non cash lease expense	`LeasesRightOfUseAssetAmortization`	$241.00M	USD	3 Qtrs
Non cash lease expense	`LeasesRightOfUseAssetAmortization`	$236.00M	USD	3 Qtrs
Adjustments and payments related to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-14.00M	USD	3 Qtrs
Adjustments and payments related to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-9.00M	USD	3 Qtrs
Charge for early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Charge for early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Charge for early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-32.00M	USD	3 Qtrs
Charge for early extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$6.00M	USD	3 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$95.00M	USD	3 Qtrs
Loss (gain) on investments	`GainLossOnInvestments`	$-47.00M	USD	3 Qtrs
Loss (gain) on investments	`GainLossOnInvestments`	$-14.00M	USD	1 Quarter
Loss (gain) on investments	`GainLossOnInvestments`	$20.00M	USD	3 Qtrs
Loss (gain) on investments	`GainLossOnInvestments`	$7.00M	USD	1 Quarter
Net loss on disposition of assets	`GainLossOnSaleOfOtherAssets`	$-36.00M	USD	3 Qtrs
Net loss on disposition of assets	`GainLossOnSaleOfOtherAssets`	$-9.00M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$184.00M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$219.00M	USD	3 Qtrs
Change in fair value of acquisition-related derivative contracts	`AcquisitionRelatedHedgingExpense`	-	USD	3 Qtrs
Change in fair value of acquisition-related derivative contracts	`AcquisitionRelatedHedgingExpense`	$8.00M	USD	3 Qtrs
Net receivables	`IncreaseDecreaseInReceivables`	$84.00M	USD	3 Qtrs
Net receivables	`IncreaseDecreaseInReceivables`	$-77.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$14.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-30.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$59.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-69.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-144.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-126.00M	USD	3 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-281.00M	USD	3 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-431.00M	USD	3 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$150.00M	USD	3 Qtrs
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$120.00M	USD	3 Qtrs
Contributions to pension and other benefit plans in excess of current year credit	`PensionandOtherPostretirementBenefitContributionsInExcessofCurrentYearExpense`	$269.00M	USD	3 Qtrs
Contributions to pension and other benefit plans in excess of current year credit	`PensionandOtherPostretirementBenefitContributionsInExcessofCurrentYearExpense`	$240.00M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$74.00M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-149.00M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-240.00M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-254.00M	USD	3 Qtrs
Effect of exchange rate changes	`EffectofExchangeRateonCashandCashEquivalentsfromOperatingActivities`	$-70.00M	USD	3 Qtrs
Effect of exchange rate changes	`EffectofExchangeRateonCashandCashEquivalentsfromOperatingActivities`	$-10.00M	USD	3 Qtrs
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$2.00B	USD	3 Qtrs
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$1.29B	USD	3 Qtrs
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$300.00M	USD	3 Qtrs
Net increase in commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	$325.00M	USD	3 Qtrs
Net increase in commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	-	USD	3 Qtrs
Net borrowings from term-loan and credit facilities	`ProceedsFromLinesOfCredit`	$300.00M	USD	3 Qtrs
Net borrowings from term-loan and credit facilities	`ProceedsFromLinesOfCredit`	$1.00B	USD	3 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$737.00M	USD	3 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$6.46B	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$1.01B	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$760.00M	USD	3 Qtrs
Payments for early extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	$585.00M	USD	3 Qtrs
Payments for early extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	-	USD	3 Qtrs
Purchase of non-controlling interests	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	$75.00M	USD	3 Qtrs
Purchase of non-controlling interests	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	$3.00M	USD	3 Qtrs
Acquisition-related derivative payments	`PaymentsForDerivativeInstrumentFinancingActivities`	$337.00M	USD	3 Qtrs
Acquisition-related derivative payments	`PaymentsForDerivativeInstrumentFinancingActivities`	-	USD	3 Qtrs
Shares withheld for taxes on vested units treasury shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$131.00M	USD	3 Qtrs
Shares withheld for taxes on vested units treasury shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$89.00M	USD	3 Qtrs
Issuance of common stock from treasury shares	`ProceedsFromIssuanceOrSaleOfEquity`	$98.00M	USD	3 Qtrs
Issuance of common stock from treasury shares	`ProceedsFromIssuanceOrSaleOfEquity`	$132.00M	USD	3 Qtrs
Payments of deferred and contingent consideration for acquisitions	`PaymentsforAcquisitionsDeferredandContingentConsideration`	$125.00M	USD	3 Qtrs
Payments of deferred and contingent consideration for acquisitions	`PaymentsforAcquisitionsDeferredandContingentConsideration`	$60.00M	USD	3 Qtrs
Distributions of non-controlling interests	`PaymentsToMinorityShareholders`	$18.00M	USD	3 Qtrs
Distributions of non-controlling interests	`PaymentsToMinorityShareholders`	$26.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$655.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$702.00M	USD	3 Qtrs
Net cash (used for) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-163.00M	USD	3 Qtrs
Net cash (used for) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.34B	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$278.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$284.00M	USD	3 Qtrs
Net sales of long-term investments	`PaymentsForProceedsFromInvestments`	$-102.00M	USD	3 Qtrs
Net sales of long-term investments	`PaymentsForProceedsFromInvestments`	$-193.00M	USD	3 Qtrs
Purchase of equity investment	`PaymentsToAcquireEquityMethodInvestments`	$91.00M	USD	3 Qtrs
Purchase of equity investment	`PaymentsToAcquireEquityMethodInvestments`	-	USD	3 Qtrs
Purchase of equity investment	`PaymentsToAcquireEquityMethodInvestments`	$75.00M	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`	$225.00M	USD	3 Qtrs
Dispositions	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$93.00M	USD	3 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.50B	USD	3 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$559.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$7.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$51.00M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-646.00M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.50B	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.00M	USD	3 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$147.00M	USD	3 Qtrs
Increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.23B	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.39B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.16B	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`	$1.21B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.39B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.16B	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`	$1.21B	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.94B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.80B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.75B	USD	Point-in-time
Net income attributable to the Company	`ProfitLoss`	$320.00M	USD	1 Quarter
Net income attributable to the Company	`ProfitLoss`	$1.38B	USD	3 Qtrs
Net income attributable to the Company	`ProfitLoss`	$1.67B	USD	3 Qtrs
Net income attributable to the Company	`ProfitLoss`	$306.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$434.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-404.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-93.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-284.00M	USD	3 Qtrs
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.94B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.80B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.75B	USD	Point-in-time
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$0.93	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$1.84	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$1.74	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$0.46	USD	1 Quarter

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income before non-controlling interests	`ProfitLoss`	$320.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$1.38B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$1.67B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$306.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-475.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$500.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-200.00M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-366.00M	USD	3 Qtrs
(Loss) gain related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-102.00M	USD	3 Qtrs
(Loss) gain related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-82.00M	USD	1 Quarter
(Loss) gain related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$73.00M	USD	1 Quarter
(Loss) gain related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-136.00M	USD	3 Qtrs
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-64.00M	USD	3 Qtrs
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTax`	$427.00M	USD	1 Quarter
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-393.00M	USD	1 Quarter
Other comprehensive income (loss), before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-264.00M	USD	3 Qtrs
Income tax (benefit) expense on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$20.00M	USD	3 Qtrs
Income tax (benefit) expense on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$11.00M	USD	1 Quarter
Income tax (benefit) expense on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$-7.00M	USD	1 Quarter
Income tax (benefit) expense on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$29.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$434.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-404.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-93.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-284.00M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-98.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.57B	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.09B	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$754.00M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.00M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.00M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$26.00M	USD	3 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$25.00M	USD	3 Qtrs
Comprehensive income (loss) attributable to the Company	`ComprehensiveIncomeNetOfTax`	$1.07B	USD	3 Qtrs
Comprehensive income (loss) attributable to the Company	`ComprehensiveIncomeNetOfTax`	$750.00M	USD	1 Quarter
Comprehensive income (loss) attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-101.00M	USD	1 Quarter
Comprehensive income (loss) attributable to the Company	`ComprehensiveIncomeNetOfTax`	$1.55B	USD	3 Qtrs

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