10-Q Filing

MARSH & MCLENNAN COMPANIES, INC. CIK: 62709 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0000062709-21-000015`
Period End Date	20210331
Filing Date	20210427
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	mmc-20210331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 105 Income Statement 38 Cash Flow Statement 86 Stockholders Equity 12 Comprehensive Income 18

Balance Sheet 105 line items

Line Item	Tag	Value	Unit	Period
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.20B	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.16B	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.12B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	6.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.09B	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`	$5.03B	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Commissions and fees	`AccruedFeesandOtherRevenueReceivableGrossCurrent`	$4.68B	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Advanced premiums and claims	`AdvancedPremiumsandClaimsReceivableGrossCurrent`	$119.00M	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`	$112.00M	USD	Point-in-time
Other	`OtherReceivablesGrossCurrent`	$592.00M	USD	Point-in-time
Other	`OtherReceivablesGrossCurrent`	$677.00M	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
Treasury shares, shares	`TreasuryStockShares`	52.91M	shares	Point-in-time
Gross receivables	`AccountsReceivableGrossCurrent`	$5.47B	USD	Point-in-time
Gross receivables	`AccountsReceivableGrossCurrent`	$5.74B	USD	Point-in-time
Treasury shares, shares	`TreasuryStockShares`	51.87M	shares	Point-in-time
Less-allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$142.00M	USD	Point-in-time
Less-allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$146.00M	USD	Point-in-time
Net receivables	`ReceivablesNetCurrent`	$5.33B	USD	Point-in-time
Net receivables	`ReceivablesNetCurrent`	$5.60B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$832.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$740.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$7.55B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$8.15B	USD	Point-in-time
Goodwill	`Goodwill`	$15.52B	USD	Point-in-time
Goodwill	`Goodwill`	$15.46B	USD	Point-in-time
Goodwill	`Goodwill`	$14.41B	USD	Point-in-time
Goodwill	`Goodwill`	$14.67B	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	$2.70B	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	$2.60B	USD	Point-in-time
Fixed assets (net of accumulated depreciation and amortization of $2,197 at March 31, 2021 and $2,159 at December 31, 2020)	`PropertyPlantAndEquipmentNet`	$856.00M	USD	Point-in-time
Fixed assets (net of accumulated depreciation and amortization of $2,197 at March 31, 2021 and $2,159 at December 31, 2020)	`PropertyPlantAndEquipmentNet`	$830.00M	USD	Point-in-time
Pension related assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.82B	USD	Point-in-time
Pension related assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.77B	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$1.82B	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$1.89B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$702.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$704.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.48B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.46B	USD	Point-in-time
Total assets	`Assets`	$33.05B	USD	Point-in-time
Total assets	`Assets`	$32.27B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$1.01B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$517.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.94B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.05B	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$1.22B	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$2.40B	USD	Point-in-time
Current lease liabilities	`OperatingLeaseLiabilityCurrent`	$342.00M	USD	Point-in-time
Current lease liabilities	`OperatingLeaseLiabilityCurrent`	$342.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$368.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$247.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$238.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.12B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.56B	USD	Point-in-time
Fiduciary liabilities	`FiduciaryLiabilitiesGrossNoncurrent`	$8.78B	USD	Point-in-time
Fiduciary liabilities	`FiduciaryLiabilitiesGrossNoncurrent`	$8.59B	USD	Point-in-time
Less cash and investments held in a fiduciary capacity	`CashandInvestmentsHeldinFiduciaryCapacityNoncurrent`	$8.59B	USD	Point-in-time
Less cash and investments held in a fiduciary capacity	`CashandInvestmentsHeldinFiduciaryCapacityNoncurrent`	$8.78B	USD	Point-in-time
Net fiduciary assets	`FiduciaryLiabilitiesNetNoncurrent`	-	USD	Point-in-time
Net fiduciary assets	`FiduciaryLiabilitiesNetNoncurrent`	-	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$10.80B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$10.24B	USD	Point-in-time
Pension, post-retirement and post-employment benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$2.59B	USD	Point-in-time
Pension, post-retirement and post-employment benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$2.66B	USD	Point-in-time
Long-term lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.85B	USD	Point-in-time
Long-term lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.92B	USD	Point-in-time
Liabilities for errors and omissions	`LiabilityForErrorsAndOmissions`	$366.00M	USD	Point-in-time
Liabilities for errors and omissions	`LiabilityForErrorsAndOmissions`	$354.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.51B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.49B	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, 2021 and December 31, 2020	`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, 2021 and December 31, 2020	`CommonStockValue`	$561.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$851.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$943.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.27B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.78B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.20B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.11B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$156.00M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$162.00M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquitySubtotalBeforeTreasuryStock`	$12.82B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquitySubtotalBeforeTreasuryStock`	$13.16B	USD	Point-in-time
Less treasury shares, at cost, 51,871,847 shares at March 31, 2021 and 52,914,550 shares at December 31, 2020	`TreasuryStockValue`	$3.56B	USD	Point-in-time
Less treasury shares, at cost, 51,871,847 shares at March 31, 2021 and 52,914,550 shares at December 31, 2020	`TreasuryStockValue`	$3.56B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.26B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.60B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.45B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$32.27B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$33.05B	USD	Point-in-time

Income Statement 38 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$5.08B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$4.65B	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$2.81B	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$2.56B	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$1.03B	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$918.00M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$3.73B	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$3.58B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.36B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$1.07B	USD	1 Quarter
Other net benefit credits	`DefinedBenefitPlanOtherCosts`	$-64.00M	USD	1 Quarter
Other net benefit credits	`DefinedBenefitPlanOtherCosts`	$-71.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$127.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$118.00M	USD	1 Quarter
Investment income (loss)	`GainLossOnInvestments`	$-2.00M	USD	1 Quarter
Investment income (loss)	`GainLossOnInvestments`	$11.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.01B	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.32B	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$324.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$240.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$998.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$767.00M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$13.00M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$15.00M	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLoss`	$983.00M	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLoss`	$754.00M	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$1.93	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$1.49	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$1.48	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$1.91	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	509.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	505.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	510.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	514.00M	shares	1 Quarter
Shares outstanding (in shares)	`CommonStockSharesOutstanding`	506.00M	shares	Point-in-time
Shares outstanding (in shares)	`CommonStockSharesOutstanding`	509.00M	shares	Point-in-time

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income before non-controlling interests	`ProfitLoss`	$998.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$767.00M	USD	1 Quarter
Depreciation and amortization of fixed assets and capitalized software	`Depreciation`	$97.00M	USD	1 Quarter
Depreciation and amortization of fixed assets and capitalized software	`Depreciation`	$97.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$86.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$100.00M	USD	1 Quarter
Non cash lease expense	`LeasesRightOfUseAssetAmortization`	$80.00M	USD	1 Quarter
Non cash lease expense	`LeasesRightOfUseAssetAmortization`	$79.00M	USD	1 Quarter
Adjustments and payments related to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-1.00M	USD	1 Quarter
Adjustments and payments related to contingent consideration liability	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-10.00M	USD	1 Quarter
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$9.00M	USD	1 Quarter
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$14.00M	USD	1 Quarter
Net (gain) loss on investments	`GainLossOnInvestments`	$-2.00M	USD	1 Quarter
Net (gain) loss on investments	`GainLossOnInvestments`	$11.00M	USD	1 Quarter
Net loss (gain) on disposition of assets	`GainLossOnSaleOfOtherAssets`	$-3.00M	USD	1 Quarter
Net loss (gain) on disposition of assets	`GainLossOnSaleOfOtherAssets`	$3.00M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$78.00M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$72.00M	USD	1 Quarter
Net receivables	`IncreaseDecreaseInReceivables`	$275.00M	USD	1 Quarter
Net receivables	`IncreaseDecreaseInReceivables`	$313.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$91.00M	USD	1 Quarter
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$34.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$54.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-57.00M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-73.00M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-140.00M	USD	1 Quarter
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.18B	USD	1 Quarter
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-1.18B	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$91.00M	USD	1 Quarter
Accrued income taxes	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$121.00M	USD	1 Quarter
Contributions to pension and other benefit plans in excess of current year credit	`PensionandOtherPostretirementBenefitContributionsInExcessofCurrentYearExpense`	$85.00M	USD	1 Quarter
Contributions to pension and other benefit plans in excess of current year credit	`PensionandOtherPostretirementBenefitContributionsInExcessofCurrentYearExpense`	$102.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$26.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-38.00M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-86.00M	USD	1 Quarter
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-82.00M	USD	1 Quarter
Effect of exchange rate changes	`EffectofExchangeRateonCashandCashEquivalentsfromOperatingActivities`	$-55.00M	USD	1 Quarter
Effect of exchange rate changes	`EffectofExchangeRateonCashandCashEquivalentsfromOperatingActivities`	$-12.00M	USD	1 Quarter
Net cash used for operations	`NetCashProvidedByUsedInOperatingActivities`	$-638.00M	USD	1 Quarter
Net cash used for operations	`NetCashProvidedByUsedInOperatingActivities`	$-408.00M	USD	1 Quarter
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$112.00M	USD	1 Quarter
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Net increase in commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	-	USD	1 Quarter
Net increase in commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	$193.00M	USD	1 Quarter
Borrowings from term-loan and credit facilities	`ProceedsFromLinesOfCredit`	$2.00B	USD	1 Quarter
Borrowings from term-loan and credit facilities	`ProceedsFromLinesOfCredit`	-	USD	1 Quarter
Repayments of debt	`RepaymentsOfLongTermDebt`	$4.00M	USD	1 Quarter
Repayments of debt	`RepaymentsOfLongTermDebt`	$503.00M	USD	1 Quarter
Purchase of non-controlling interests	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	$3.00M	USD	1 Quarter
Purchase of non-controlling interests	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	-	USD	1 Quarter
Shares withheld for taxes on vested units treasury shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$112.00M	USD	1 Quarter
Shares withheld for taxes on vested units treasury shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$93.00M	USD	1 Quarter
Issuance of common stock from treasury shares	`ProceedsFromIssuanceOrSaleOfEquity`	$44.00M	USD	1 Quarter
Issuance of common stock from treasury shares	`ProceedsFromIssuanceOrSaleOfEquity`	$35.00M	USD	1 Quarter
Payments of deferred and contingent consideration for acquisitions	`PaymentsforAcquisitionsDeferredandContingentConsideration`	$32.00M	USD	1 Quarter
Payments of deferred and contingent consideration for acquisitions	`PaymentsforAcquisitionsDeferredandContingentConsideration`	$29.00M	USD	1 Quarter
Distributions of non-controlling interests	`PaymentsToMinorityShareholders`	$8.00M	USD	1 Quarter
Distributions of non-controlling interests	`PaymentsToMinorityShareholders`	$18.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$232.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividendsCommonStock`	$237.00M	USD	1 Quarter
Net cash (used for) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.34B	USD	1 Quarter
Net cash (used for) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-451.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$118.00M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$69.00M	USD	1 Quarter
Net sales of long-term investments	`PaymentsForProceedsFromInvestments`	$-57.00M	USD	1 Quarter
Net sales of long-term investments	`PaymentsForProceedsFromInvestments`	$-4.00M	USD	1 Quarter
Dispositions	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$7.00M	USD	1 Quarter
Dispositions	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	-	USD	1 Quarter
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$200.00M	USD	1 Quarter
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$2.00M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-9.00M	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-245.00M	USD	1 Quarter
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-67.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-132.00M	USD	1 Quarter
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-43.00M	USD	1 Quarter
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$325.00M	USD	1 Quarter
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-969.00M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.48B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.12B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.16B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.09B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.48B	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`	$1.16B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.09B	USD	Point-in-time

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.26B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.60B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.45B	USD	Point-in-time
Net income attributable to the Company	`ProfitLoss`	$998.00M	USD	1 Quarter
Net income attributable to the Company	`ProfitLoss`	$767.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-87.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-792.00M	USD	1 Quarter
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.26B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.60B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.45B	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`	$0.91	USD	1 Quarter

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net income before non-controlling interests	`ProfitLoss`	$998.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$767.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-941.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-91.00M	USD	1 Quarter
Gain related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-6.00M	USD	1 Quarter
Gain related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-175.00M	USD	1 Quarter
Other comprehensive loss, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-766.00M	USD	1 Quarter
Other comprehensive loss, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-85.00M	USD	1 Quarter
Income tax expense on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$2.00M	USD	1 Quarter
Income tax expense on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$26.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-87.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-792.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$911.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-25.00M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$13.00M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$15.00M	USD	1 Quarter
Comprehensive income (loss) attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-38.00M	USD	1 Quarter
Comprehensive income (loss) attributable to the Company	`ComprehensiveIncomeNetOfTax`	$896.00M	USD	1 Quarter

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