10-Q Filing

MARSH & MCLENNAN COMPANIES, INC. CIK: 62709 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000062709-23-000096`
Period End Date	20230930
Filing Date	20231019
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	mmc-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 104 Income Statement 74 Cash Flow Statement 108 Stockholders Equity 20 Comprehensive Income 36

Balance Sheet 104 line items

Line Item	Tag	Value	Unit	Period
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.62B	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.53B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.90B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	6.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	6.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.44B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$802.00M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents held in a fiduciary capacity	`CashAndInvestmentsHeldInFiduciaryCapacityCurrent`	$10.66B	USD	Point-in-time
Cash and cash equivalents held in a fiduciary capacity	`CashAndInvestmentsHeldInFiduciaryCapacityCurrent`	$11.83B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Commissions and fees	`AccruedFeesandOtherRevenueReceivableGrossCurrent`	$5.91B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.60B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.60B	shares	Point-in-time
Commissions and fees	`AccruedFeesandOtherRevenueReceivableGrossCurrent`	$5.29B	USD	Point-in-time
Advanced premiums and claims	`AdvancedPremiumsandClaimsReceivableGrossCurrent`	$102.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	560.64M	shares	Point-in-time
Advanced premiums and claims	`AdvancedPremiumsandClaimsReceivableGrossCurrent`	$103.00M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	560.64M	shares	Point-in-time
Other	`OtherReceivablesGrossCurrent`	$616.00M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	65.86M	shares	Point-in-time
Other	`OtherReceivablesGrossCurrent`	$664.00M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	67.67M	shares	Point-in-time
Gross receivables	`AccountsReceivableGrossCurrent`	$6.01B	USD	Point-in-time
Gross receivables	`AccountsReceivableGrossCurrent`	$6.67B	USD	Point-in-time
Less-allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$155.00M	USD	Point-in-time
Less-allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$160.00M	USD	Point-in-time
Net receivables	`ReceivablesNetCurrent`	$5.85B	USD	Point-in-time
Net receivables	`ReceivablesNetCurrent`	$6.52B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.03B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.00B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$22.28B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.96B	USD	Point-in-time
Goodwill	`Goodwill`	$15.58B	USD	Point-in-time
Goodwill	`Goodwill`	$16.66B	USD	Point-in-time
Goodwill	`Goodwill`	$16.25B	USD	Point-in-time
Goodwill	`Goodwill`	$16.32B	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	$2.54B	USD	Point-in-time
Other intangible assets	`OtherIntangibleAssetsNet`	$2.50B	USD	Point-in-time
Fixed assets (net of accumulated depreciation and amortization of $1,619 at September 30, 2023 and $1,531 at December 31, 2022)	`PropertyPlantAndEquipmentNet`	$859.00M	USD	Point-in-time
Fixed assets (net of accumulated depreciation and amortization of $1,619 at September 30, 2023 and $1,531 at December 31, 2022)	`PropertyPlantAndEquipmentNet`	$871.00M	USD	Point-in-time
Pension related assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$2.13B	USD	Point-in-time
Pension related assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$2.31B	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$1.56B	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$1.52B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$358.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$348.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.45B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.53B	USD	Point-in-time
Total assets	`Assets`	$44.11B	USD	Point-in-time
Total assets	`Assets`	$48.00B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$1.87B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$268.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.28B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.14B	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$3.10B	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$2.63B	USD	Point-in-time
Current lease liabilities	`OperatingLeaseLiabilityCurrent`	$310.00M	USD	Point-in-time
Current lease liabilities	`OperatingLeaseLiabilityCurrent`	$303.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$480.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$221.00M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	-	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$351.00M	USD	Point-in-time
Fiduciary liabilities	`FiduciaryLiabilitiesCurrent`	$10.66B	USD	Point-in-time
Fiduciary liabilities	`FiduciaryLiabilitiesCurrent`	$11.83B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.61B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$17.83B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$11.23B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$11.78B	USD	Point-in-time
Pension, post-retirement and post-employment benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$840.00M	USD	Point-in-time
Pension, post-retirement and post-employment benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$921.00M	USD	Point-in-time
Long-term lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.64B	USD	Point-in-time
Long-term lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.67B	USD	Point-in-time
Liabilities for errors and omissions	`LiabilityForErrorsAndOmissions`	$319.00M	USD	Point-in-time
Liabilities for errors and omissions	`LiabilityForErrorsAndOmissions`	$355.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.23B	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.36B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $1 par value, authorized 6,000,000 shares, none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $1 par value, authorized 6,000,000 shares, none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $1 par value, authorized 1,600,000,000 shares, issued 560,641,640 shares at September 30, 2023 and December 31, 2022	`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, 2023 and December 31, 2022	`CommonStockValue`	$561.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.15B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.18B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$22.01B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$20.30B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.31B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.46B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$180.00M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$229.00M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquitySubtotalBeforeTreasuryStock`	$18.44B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquitySubtotalBeforeTreasuryStock`	$16.96B	USD	Point-in-time
Less treasury shares, at cost, 67,666,591 shares at September 30, 2023 and 65,855,914 shares at December 31, 2022	`TreasuryStockCommonValue`	$6.85B	USD	Point-in-time
Less treasury shares, at cost, 67,666,591 shares at September 30, 2023 and 65,855,914 shares at December 31, 2022	`TreasuryStockCommonValue`	$6.21B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.79B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.75B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.59B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$48.00B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$44.11B	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$4.77B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$15.70B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$5.38B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$17.18B	USD	3 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$3.29B	USD	1 Quarter
Compensation and benefits	`LaborAndRelatedExpense`	$9.83B	USD	3 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$9.03B	USD	3 Qtrs
Compensation and benefits	`LaborAndRelatedExpense`	$2.92B	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$3.06B	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$1.06B	USD	1 Quarter
Other operating expenses	`OtherCostAndExpenseOperating`	$3.17B	USD	3 Qtrs
Other operating expenses	`OtherCostAndExpenseOperating`	$1.10B	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$13.00B	USD	3 Qtrs
Operating expenses	`OperatingExpenses`	$4.39B	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$3.98B	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$12.10B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$996.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$4.18B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$791.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.60B	USD	3 Qtrs
Other net benefit credits	`DefinedBenefitPlanOtherCosts`	$-180.00M	USD	3 Qtrs
Other net benefit credits	`DefinedBenefitPlanOtherCosts`	$-178.00M	USD	3 Qtrs
Other net benefit credits	`DefinedBenefitPlanOtherCosts`	$-57.00M	USD	1 Quarter
Other net benefit credits	`DefinedBenefitPlanOtherCosts`	$-62.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$40.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$6.00M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$16.00M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$342.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$145.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$118.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$427.00M	USD	3 Qtrs
Investment income (loss)	`GainLossOnInvestments`	$6.00M	USD	3 Qtrs
Investment income (loss)	`GainLossOnInvestments`	$27.00M	USD	3 Qtrs
Investment income (loss)	`GainLossOnInvestments`	$-1.00M	USD	1 Quarter
Investment income (loss)	`GainLossOnInvestments`	$1.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.98B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$733.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$3.47B	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$930.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$853.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$192.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$941.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$181.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$738.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$3.04B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$2.62B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$552.00M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$32.00M	USD	3 Qtrs
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.00M	USD	1 Quarter
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$37.00M	USD	3 Qtrs
Net income attributable to the Company	`NetIncomeLoss`	$3.00B	USD	3 Qtrs
Net income attributable to the Company	`NetIncomeLoss`	$730.00M	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLoss`	$546.00M	USD	1 Quarter
Net income attributable to the Company	`NetIncomeLoss`	$2.58B	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.07	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.48	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.10	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.16	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.08	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.01	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.11	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.47	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	501.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	494.00M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	498.00M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	494.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	499.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	503.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	506.00M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	499.00M	shares	3 Qtrs
Shares outstanding (in shares)	`CommonStockSharesOutstanding`	493.00M	shares	Point-in-time
Shares outstanding (in shares)	`CommonStockSharesOutstanding`	497.00M	shares	Point-in-time

Cash Flow Statement 108 line items

Line Item	Tag	Value	Unit	Period
Net income before non-controlling interests	`ProfitLoss`	$738.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$3.04B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$2.62B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$552.00M	USD	1 Quarter
Depreciation and amortization of fixed assets and capitalized software	`Depreciation`	$259.00M	USD	3 Qtrs
Depreciation and amortization of fixed assets and capitalized software	`Depreciation`	$270.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$84.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$85.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$258.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$257.00M	USD	3 Qtrs
Non-cash lease expense	`LeasesRightOfUseAssetAmortization`	$223.00M	USD	3 Qtrs
Non-cash lease expense	`LeasesRightOfUseAssetAmortization`	$215.00M	USD	3 Qtrs
Adjustments and payments related to contingent consideration assets and liabilities	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	3 Qtrs
Adjustments and payments related to contingent consideration assets and liabilities	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-19.00M	USD	3 Qtrs
Deconsolidation of Russian businesses	`DeconsolidationGainOrLossAmount`	$-39.00M	USD	1 Quarter
Deconsolidation of Russian businesses	`DeconsolidationGainOrLossAmount`	-	USD	3 Qtrs
Deconsolidation of Russian businesses	`DeconsolidationGainOrLossAmount`	$-39.00M	USD	3 Qtrs
Net gain on investments	`GainLossOnInvestments`	$6.00M	USD	3 Qtrs
Net gain on investments	`GainLossOnInvestments`	$27.00M	USD	3 Qtrs
Net gain on investments	`GainLossOnInvestments`	$-1.00M	USD	1 Quarter
Net gain on investments	`GainLossOnInvestments`	$1.00M	USD	1 Quarter
Net loss (gain) on disposition of assets	`GainLossOnSaleOfOtherAssets`	$112.00M	USD	3 Qtrs
Net loss (gain) on disposition of assets	`GainLossOnSaleOfOtherAssets`	$-18.00M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$283.00M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$273.00M	USD	3 Qtrs
Net receivables	`IncreaseDecreaseInReceivables`	$670.00M	USD	3 Qtrs
Net receivables	`IncreaseDecreaseInReceivables`	$745.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$14.00M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$98.00M	USD	3 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-451.00M	USD	3 Qtrs
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-458.00M	USD	3 Qtrs
Provision for taxes, net of payments and refunds	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$156.00M	USD	3 Qtrs
Provision for taxes, net of payments and refunds	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$242.00M	USD	3 Qtrs
Contributions to pension and other benefit plans in excess of current year credit	`PensionandOtherPostretirementBenefitContributionsInExcessofCurrentYearExpense`	$306.00M	USD	3 Qtrs
Contributions to pension and other benefit plans in excess of current year credit	`PensionandOtherPostretirementBenefitContributionsInExcessofCurrentYearExpense`	$246.00M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-103.00M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$28.00M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-237.00M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-244.00M	USD	3 Qtrs
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$2.48B	USD	3 Qtrs
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$1.96B	USD	3 Qtrs
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$900.00M	USD	3 Qtrs
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$1.60B	USD	3 Qtrs
Net proceeds from issuance of commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	$600.00M	USD	3 Qtrs
Net proceeds from issuance of commercial paper	`ProceedsFromRepaymentsOfCommercialPaper`	-	USD	3 Qtrs
Issuance of commercial paper with maturity greater than 90 days	`ProceedsFromIssuanceOfCommercialPaperWithMaturityGreaterThan90Days`	-	USD	3 Qtrs
Issuance of commercial paper with maturity greater than 90 days	`ProceedsFromIssuanceOfCommercialPaperWithMaturityGreaterThan90Days`	$146.00M	USD	3 Qtrs
Repayment of commercial paper with maturity greater than 90 days	`RepaymentsOfCommercialPaperWithMaturityGreaterThan90Days`	-	USD	3 Qtrs
Repayment of commercial paper with maturity greater than 90 days	`RepaymentsOfCommercialPaperWithMaturityGreaterThan90Days`	$146.00M	USD	3 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$2.17B	USD	3 Qtrs
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	-	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$14.00M	USD	3 Qtrs
Repayments of debt	`RepaymentsOfLongTermDebt`	$12.00M	USD	3 Qtrs
Purchase of non-controlling interests	`PaymentsToMinorityShareholders`	$139.00M	USD	3 Qtrs
Purchase of non-controlling interests	`PaymentsToMinorityShareholders`	$139.00M	USD	1 Quarter
Purchase of non-controlling interests	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Shares withheld for taxes on vested units treasury shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$194.00M	USD	3 Qtrs
Shares withheld for taxes on vested units treasury shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$145.00M	USD	3 Qtrs
Issuance of common stock from treasury shares	`ProceedsFromIssuanceOrSaleOfEquity`	$165.00M	USD	3 Qtrs
Issuance of common stock from treasury shares	`ProceedsFromIssuanceOrSaleOfEquity`	$89.00M	USD	3 Qtrs
Payments of deferred and contingent consideration for acquisitions	`PaymentsForAcquisitionsDeferredAndContingentConsideration`	$187.00M	USD	3 Qtrs
Payments of deferred and contingent consideration for acquisitions	`PaymentsForAcquisitionsDeferredAndContingentConsideration`	$144.00M	USD	3 Qtrs
Receipts of contingent consideration for dispositions	`ReceiptsOfContingentConsiderationForDispositions`	$2.00M	USD	3 Qtrs
Receipts of contingent consideration for dispositions	`ReceiptsOfContingentConsiderationForDispositions`	$3.00M	USD	3 Qtrs
Distributions of non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$20.00M	USD	3 Qtrs
Distributions of non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$18.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$944.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$840.00M	USD	3 Qtrs
Change in fiduciary liabilities	`IncreaseDecreaseInFiduciaryLiabilities`	$1.22B	USD	3 Qtrs
Change in fiduciary liabilities	`IncreaseDecreaseInFiduciaryLiabilities`	$2.15B	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$28.00M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.22B	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$367.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$296.00M	USD	3 Qtrs
Purchases of long term investments	`PaymentsToAcquireLongtermInvestments`	$44.00M	USD	3 Qtrs
Purchases of long term investments	`PaymentsToAcquireLongtermInvestments`	$19.00M	USD	3 Qtrs
Sales of long term investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$84.00M	USD	3 Qtrs
Sales of long term investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$18.00M	USD	3 Qtrs
Dispositions	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$-18.00M	USD	3 Qtrs
Dispositions	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$138.00M	USD	3 Qtrs
Dispositions	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$20.00M	USD	1 Quarter
Acquisitions, net of cash and cash held in a fiduciary capacity acquired	`PaymentToAcquireBusinessesNetOfCashAndCashHeldInAFiduciaryCapacityAcquired`	$213.00M	USD	3 Qtrs
Acquisitions, net of cash and cash held in a fiduciary capacity acquired	`PaymentToAcquireBusinessesNetOfCashAndCashHeldInAFiduciaryCapacityAcquired`	$619.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-14.00M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-16.00M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-363.00M	USD	3 Qtrs
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-943.00M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.59B	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-120.00M	USD	3 Qtrs
Increase in cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.63B	USD	3 Qtrs
Increase in cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$36.00M	USD	3 Qtrs
Cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.41B	USD	Point-in-time
Cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.10B	USD	Point-in-time
Cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.37B	USD	Point-in-time
Cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.73B	USD	Point-in-time
Cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.41B	USD	Point-in-time
Cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.10B	USD	Point-in-time
Cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.37B	USD	Point-in-time
Cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.73B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.90B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.44B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$802.00M	USD	Point-in-time
Cash and cash equivalents held in a fiduciary capacity	`RestrictedCashAndCashEquivalents`	$11.83B	USD	Point-in-time
Cash and cash equivalents held in a fiduciary capacity	`RestrictedCashAndCashEquivalents`	$10.61B	USD	Point-in-time
Total cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.41B	USD	Point-in-time
Total cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.10B	USD	Point-in-time
Total cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.37B	USD	Point-in-time
Total cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.73B	USD	Point-in-time

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.79B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.75B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.59B	USD	Point-in-time
Net income attributable to the Company	`ProfitLoss`	$738.00M	USD	1 Quarter
Net income attributable to the Company	`ProfitLoss`	$3.04B	USD	3 Qtrs
Net income attributable to the Company	`ProfitLoss`	$2.62B	USD	3 Qtrs
Net income attributable to the Company	`ProfitLoss`	$552.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-146.00M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.47B	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-405.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-685.00M	USD	1 Quarter
Purchase of treasury shares	`TreasuryStockValueAcquiredCostMethod`	$900.00M	USD	3 Qtrs
Purchase of treasury shares	`TreasuryStockValueAcquiredCostMethod`	$1.60B	USD	3 Qtrs
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.79B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.75B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.59B	USD	Point-in-time
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$1.42	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$2.25	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$1.18	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$2.60	USD	3 Qtrs

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income before non-controlling interests	`ProfitLoss`	$738.00M	USD	1 Quarter
Net income before non-controlling interests	`ProfitLoss`	$3.04B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$2.62B	USD	3 Qtrs
Net income before non-controlling interests	`ProfitLoss`	$552.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-895.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-1.93B	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-473.00M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-131.00M	USD	3 Qtrs
Gain (loss) related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$13.00M	USD	3 Qtrs
Gain (loss) related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-281.00M	USD	1 Quarter
Gain (loss) related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-107.00M	USD	1 Quarter
Gain (loss) related to pension/post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-603.00M	USD	3 Qtrs
Other comprehensive loss before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-614.00M	USD	1 Quarter
Other comprehensive loss before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-1.32B	USD	3 Qtrs
Other comprehensive loss before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-144.00M	USD	3 Qtrs
Other comprehensive loss before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-366.00M	USD	1 Quarter
Income tax expense on other comprehensive loss	`OtherComprehensiveIncomeLossTax`	$71.00M	USD	1 Quarter
Income tax expense on other comprehensive loss	`OtherComprehensiveIncomeLossTax`	$148.00M	USD	3 Qtrs
Income tax expense on other comprehensive loss	`OtherComprehensiveIncomeLossTax`	$39.00M	USD	1 Quarter
Income tax expense on other comprehensive loss	`OtherComprehensiveIncomeLossTax`	$2.00M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-146.00M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-1.47B	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-405.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-685.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.89B	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-133.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.14B	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$333.00M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$8.00M	USD	1 Quarter
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$32.00M	USD	3 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$37.00M	USD	3 Qtrs
Less: comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.00M	USD	1 Quarter
Comprehensive income (loss) attributable to the Company	`ComprehensiveIncomeNetOfTax`	$325.00M	USD	1 Quarter
Comprehensive income (loss) attributable to the Company	`ComprehensiveIncomeNetOfTax`	$1.11B	USD	3 Qtrs
Comprehensive income (loss) attributable to the Company	`ComprehensiveIncomeNetOfTax`	$2.85B	USD	3 Qtrs
Comprehensive income (loss) attributable to the Company	`ComprehensiveIncomeNetOfTax`	$-139.00M	USD	1 Quarter

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