10-Q Filing

MARSH & MCLENNAN COMPANIES, INC. CIK: 62709 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0000062709-21-000047`
Period End Date	20210930
Filing Date	20211021
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	mmc-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 105 Income Statement 74 Cash Flow Statement 92 Stockholders Equity 19 Comprehensive Income 36

Balance Sheet 105 line items

Line Item	Tag	Value	Unit	Period
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.16B	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.33B	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`	$2.09B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.40B	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
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`	$4.68B	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Commissions and fees	`AccruedFeesandOtherRevenueReceivableGrossCurrent`	$5.19B	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
Advanced premiums and claims	`AdvancedPremiumsandClaimsReceivableGrossCurrent`	$120.00M	USD	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
Common stock, shares issued	`CommonStockSharesIssued`	560.64M	shares	Point-in-time
Other	`OtherReceivablesGrossCurrent`	$475.00M	USD	Point-in-time
Other	`OtherReceivablesGrossCurrent`	$677.00M	USD	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`	$5.79B	USD	Point-in-time
Treasury shares, shares	`TreasuryStockShares`	55.18M	shares	Point-in-time
Gross receivables	`AccountsReceivableGrossCurrent`	$5.47B	USD	Point-in-time
Less-allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$142.00M	USD	Point-in-time
Less-allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$161.00M	USD	Point-in-time
Net receivables	`ReceivablesNetCurrent`	$5.62B	USD	Point-in-time
Net receivables	`ReceivablesNetCurrent`	$5.33B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$855.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$740.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$8.15B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$7.88B	USD	Point-in-time
Goodwill	`Goodwill`	$15.65B	USD	Point-in-time
Goodwill	`Goodwill`	$15.52B	USD	Point-in-time
Goodwill	`Goodwill`	$15.03B	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`	$2.59B	USD	Point-in-time
Fixed assets (net of accumulated depreciation and amortization of $2,327 at September 30, 2021 and $2,159 at December 31, 2020)	`PropertyPlantAndEquipmentNet`	$856.00M	USD	Point-in-time
Fixed assets (net of accumulated depreciation and amortization of $2,327 at September 30, 2021 and $2,159 at December 31, 2020)	`PropertyPlantAndEquipmentNet`	$824.00M	USD	Point-in-time
Pension related assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.94B	USD	Point-in-time
Pension related assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$1.77B	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$1.89B	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$1.90B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$692.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$702.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.46B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.52B	USD	Point-in-time
Total assets	`Assets`	$33.05B	USD	Point-in-time
Total assets	`Assets`	$32.98B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$517.00M	USD	Point-in-time
Short-term debt	`DebtCurrent`	$516.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$2.83B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.05B	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$2.37B	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`	$339.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$333.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$247.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	-	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$273.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.56B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.66B	USD	Point-in-time
Fiduciary liabilities	`FiduciaryLiabilitiesGrossNoncurrent`	$10.41B	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`	$10.41B	USD	Point-in-time
Net fiduciary liabilities	`FiduciaryLiabilitiesNetNoncurrent`	-	USD	Point-in-time
Net fiduciary liabilities	`FiduciaryLiabilitiesNetNoncurrent`	-	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$10.80B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$10.23B	USD	Point-in-time
Pension, post-retirement and post-employment benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$2.66B	USD	Point-in-time
Pension, post-retirement and post-employment benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$2.39B	USD	Point-in-time
Long-term lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.90B	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`	$356.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.56B	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 September 30, 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 September 30, 2021 and December 31, 2020	`CommonStockValue`	$561.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.03B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$943.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$17.59B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$16.27B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.34B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.11B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$154.00M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$156.00M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquitySubtotalBeforeTreasuryStock`	$12.82B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquitySubtotalBeforeTreasuryStock`	$13.99B	USD	Point-in-time
Less treasury shares, at cost, 55,175,963 shares at September 30, 2021 and 52,914,550 shares at December 31, 2020	`TreasuryStockValue`	$4.11B	USD	Point-in-time
Less treasury shares, at cost, 55,175,963 shares at September 30, 2021 and 52,914,550 shares at December 31, 2020	`TreasuryStockValue`	$3.56B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.89B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.75B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.26B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$32.98B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$33.05B	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$12.81B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$14.68B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.97B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$4.58B	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$7.48B	USD	3 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$2.85B	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$8.52B	USD	3 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$2.50B	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$2.84B	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$990.00M	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$2.83B	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$933.00M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$3.84B	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$3.43B	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$10.31B	USD	3 Qtrs
Operating expenses	`OperatingExpenses`	$11.36B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$3.33B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$740.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.50B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$540.00M	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`	$-211.00M	USD	3 Qtrs
Other net benefit credits	`DefinedBenefitPlanOtherCosts`	$-187.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$5.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$335.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$387.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$128.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$107.00M	USD	1 Quarter
Investment income (loss)	`GainLossOnInvestments`	$43.00M	USD	3 Qtrs
Investment income (loss)	`GainLossOnInvestments`	$-47.00M	USD	3 Qtrs
Investment income (loss)	`GainLossOnInvestments`	$13.00M	USD	1 Quarter
Investment income (loss)	`GainLossOnInvestments`	$-14.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$716.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.25B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$459.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.25B	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$174.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$139.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$586.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$880.00M	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$2.37B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$320.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$542.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$1.67B	USD	3 Qtrs
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	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`	$27.00M	USD	3 Qtrs
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.00M	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLoss`	$316.00M	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLoss`	$1.64B	USD	3 Qtrs
Net income attributable to the Company	`NetIncomeLoss`	$2.34B	USD	3 Qtrs
Net income attributable to the Company	`NetIncomeLoss`	$537.00M	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$0.62	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$3.25	USD	3 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$1.06	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$4.61	USD	3 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$0.62	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$1.05	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$3.21	USD	3 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$4.56	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	508.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	507.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	506.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	506.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	513.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	513.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	512.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	511.00M	shares	3 Qtrs
Shares outstanding (in shares)	`CommonStockSharesOutstanding`	505.00M	shares	Point-in-time
Shares outstanding (in shares)	`CommonStockSharesOutstanding`	507.00M	shares	Point-in-time

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income before non-controlling interests	`ProfitLoss`	$2.37B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$320.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$542.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$1.67B	USD	3 Qtrs
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`	$291.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$278.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$265.00M	USD	3 Qtrs
Non cash lease expense	`LeasesRightOfUseAssetAmortization`	$241.00M	USD	3 Qtrs
Non cash lease expense	`LeasesRightOfUseAssetAmortization`	$241.00M	USD	3 Qtrs
Adjustments and payments related to contingent consideration assets and liabilities	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAssetsAndLiabilities`	$-16.00M	USD	3 Qtrs
Adjustments and payments related to contingent consideration assets and liabilities	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAssetsAndLiabilities`	$-14.00M	USD	3 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$6.00M	USD	3 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$7.00M	USD	3 Qtrs
Net (gain) loss on investments	`GainLossOnInvestments`	$43.00M	USD	3 Qtrs
Net (gain) loss on investments	`GainLossOnInvestments`	$-47.00M	USD	3 Qtrs
Net (gain) loss on investments	`GainLossOnInvestments`	$13.00M	USD	1 Quarter
Net (gain) loss on investments	`GainLossOnInvestments`	$-14.00M	USD	1 Quarter
Net (gain) loss on disposition of assets	`GainLossOnSaleOfOtherAssets`	$37.00M	USD	3 Qtrs
Net (gain) loss on disposition of assets	`GainLossOnSaleOfOtherAssets`	$-9.00M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$263.00M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$219.00M	USD	3 Qtrs
Net receivables	`IncreaseDecreaseInReceivables`	$-77.00M	USD	3 Qtrs
Net receivables	`IncreaseDecreaseInReceivables`	$336.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$114.00M	USD	3 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$14.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$115.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-69.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-66.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-144.00M	USD	3 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-53.00M	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`	$92.00M	USD	3 Qtrs
Contributions to pension and other benefit plans in excess of current year credit	`PensionandOtherPostretirementBenefitContributionsInExcessofCurrentYearExpense`	$240.00M	USD	3 Qtrs
Contributions to pension and other benefit plans in excess of current year credit	`PensionandOtherPostretirementBenefitContributionsInExcessofCurrentYearExpense`	$282.00M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$74.00M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-96.00M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-254.00M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-262.00M	USD	3 Qtrs
Effect of exchange rate changes	`EffectofExchangeRateonCashandCashEquivalentsfromOperatingActivities`	$-10.00M	USD	3 Qtrs
Effect of exchange rate changes	`EffectofExchangeRateonCashandCashEquivalentsfromOperatingActivities`	$-45.00M	USD	3 Qtrs
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$2.07B	USD	3 Qtrs
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$2.00B	USD	3 Qtrs
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$734.00M	USD	3 Qtrs
Borrowings from term-loan and credit facilities	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
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`	-	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$1.01B	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$512.00M	USD	3 Qtrs
Purchase of non-controlling interests	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	-	USD	3 Qtrs
Purchase of non-controlling interests	`PaymentsToAcquireAdditionalInterestInSubsidiaries`	$3.00M	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`	$99.00M	USD	3 Qtrs
Issuance of common stock from treasury shares	`ProceedsFromIssuanceOrSaleOfEquity`	$98.00M	USD	3 Qtrs
Issuance of common stock from treasury shares	`ProceedsFromIssuanceOrSaleOfEquity`	$115.00M	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`	$110.00M	USD	3 Qtrs
Receipts of contingent consideration for dispositions	`ReceiptsOfContingentConsiderationForDispositions`	-	USD	3 Qtrs
Receipts of contingent consideration for dispositions	`ReceiptsOfContingentConsiderationForDispositions`	$71.00M	USD	3 Qtrs
Distributions of non-controlling interests	`PaymentsToMinorityShareholders`	$27.00M	USD	3 Qtrs
Distributions of non-controlling interests	`PaymentsToMinorityShareholders`	$26.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$750.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$702.00M	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.05B	USD	3 Qtrs
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-163.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$278.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$268.00M	USD	3 Qtrs
Net sale of long term investments	`PaymentsForProceedsFromInvestments`	$-2.00M	USD	3 Qtrs
Net sale of long term investments	`PaymentsForProceedsFromInvestments`	$-102.00M	USD	3 Qtrs
Dispositions	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$84.00M	USD	3 Qtrs
Dispositions	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$93.00M	USD	3 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$559.00M	USD	3 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$401.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$4.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$6.00M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-589.00M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-646.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-130.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.00M	USD	3 Qtrs
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.23B	USD	3 Qtrs
(Decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-691.00M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.16B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.39B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.40B	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`	$1.16B	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`	$1.40B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.09B	USD	Point-in-time

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.89B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.75B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.26B	USD	Point-in-time
Net income attributable to the Company	`ProfitLoss`	$2.37B	USD	3 Qtrs
Net income attributable to the Company	`ProfitLoss`	$320.00M	USD	1 Quarter
Net income attributable to the Company	`ProfitLoss`	$542.00M	USD	1 Quarter
Net income attributable to the Company	`ProfitLoss`	$1.67B	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-235.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-93.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$434.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-192.00M	USD	1 Quarter
Purchase of treasury shares	`TreasuryStockValueAcquiredCostMethod`	$734.00M	USD	3 Qtrs
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.89B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.75B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.26B	USD	Point-in-time
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$1.84	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$1.07	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$2.00	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$0.93	USD	1 Quarter

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income before non-controlling interests	`ProfitLoss`	$2.37B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$320.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$542.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$1.67B	USD	3 Qtrs
Foreign currency translation (loss) gain adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-346.00M	USD	1 Quarter
Foreign currency translation (loss) gain adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-200.00M	USD	3 Qtrs
Foreign currency translation (loss) gain adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$500.00M	USD	1 Quarter
Foreign currency translation (loss) gain adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-413.00M	USD	3 Qtrs
Gain (loss) related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-204.00M	USD	1 Quarter
Gain (loss) related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$73.00M	USD	1 Quarter
Gain (loss) related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-234.00M	USD	3 Qtrs
Gain (loss) related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-136.00M	USD	3 Qtrs
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-142.00M	USD	1 Quarter
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$427.00M	USD	1 Quarter
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-64.00M	USD	3 Qtrs
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-179.00M	USD	3 Qtrs
Income tax expense (benefit) on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$-7.00M	USD	1 Quarter
Income tax expense (benefit) on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$56.00M	USD	3 Qtrs
Income tax expense (benefit) on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$29.00M	USD	3 Qtrs
Income tax expense (benefit) on other comprehensive income	`OtherComprehensiveIncomeLossTax`	$50.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-235.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-93.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$434.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-192.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$754.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.57B	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.13B	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$350.00M	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`	$27.00M	USD	3 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.00M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$25.00M	USD	3 Qtrs
Comprehensive income attributable to the Company	`ComprehensiveIncomeNetOfTax`	$345.00M	USD	1 Quarter
Comprehensive income attributable to the Company	`ComprehensiveIncomeNetOfTax`	$750.00M	USD	1 Quarter
Comprehensive income attributable to the Company	`ComprehensiveIncomeNetOfTax`	$2.10B	USD	3 Qtrs
Comprehensive income 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.