10-K Filing

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

Filing Information

Form Type	10-K
Accession Number	`0000062709-24-000016`
Period End Date	20231231
Filing Date	20240212
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	mmc-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 103 Income Statement 57 Cash Flow Statement 144 Stockholders Equity 20 Comprehensive Income 27

Balance Sheet 103 line items

Line Item	Tag	Value	Unit	Period
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
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`	$1.75B	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	`CashAndCashEquivalentsAtCarryingValue`	$3.36B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.44B	USD	Point-in-time
Cash and cash equivalents held in a fiduciary capacity	`CashAndInvestmentsHeldInFiduciaryCapacityCurrent`	$10.79B	USD	Point-in-time
Cash and cash equivalents held in a fiduciary capacity	`CashAndInvestmentsHeldInFiduciaryCapacityCurrent`	$10.66B	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
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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	560.64M	shares	Point-in-time
Commissions and fees	`AccruedFeesandOtherRevenueReceivableGrossCurrent`	$5.81B	USD	Point-in-time
Commissions and fees	`AccruedFeesandOtherRevenueReceivableGrossCurrent`	$5.29B	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
Treasury shares, shares (in shares)	`TreasuryStockCommonShares`	68.64M	shares	Point-in-time
Treasury shares, shares (in shares)	`TreasuryStockCommonShares`	65.86M	shares	Point-in-time
Advanced premiums and claims	`AdvancedPremiumsandClaimsReceivableGrossCurrent`	$103.00M	USD	Point-in-time
Other	`OtherReceivablesGrossCurrent`	$660.00M	USD	Point-in-time
Other	`OtherReceivablesGrossCurrent`	$616.00M	USD	Point-in-time
Gross receivables	`AccountsReceivableGrossCurrent`	$6.57B	USD	Point-in-time
Gross receivables	`AccountsReceivableGrossCurrent`	$6.01B	USD	Point-in-time
Less allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$151.00M	USD	Point-in-time
Less allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$142.00M	USD	Point-in-time
Less allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$166.00M	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`	$6.42B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.18B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.00B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$18.96B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$21.75B	USD	Point-in-time
Goodwill	`Goodwill`	$16.25B	USD	Point-in-time
Goodwill	`Goodwill`	$17.23B	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`	$2.63B	USD	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$871.00M	USD	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$882.00M	USD	Point-in-time
Fixed assets, net	`PropertyPlantAndEquipmentNet`	$847.00M	USD	Point-in-time
Pension related assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$2.05B	USD	Point-in-time
Pension related assets	`DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent`	$2.13B	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$1.54B	USD	Point-in-time
Right of use assets	`OperatingLeaseRightOfUseAsset`	$1.56B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$357.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$358.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.59B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$1.45B	USD	Point-in-time
Total assets	`Assets`	$48.03B	USD	Point-in-time
Total assets	`Assets`	$44.11B	USD	Point-in-time
Total assets	`Assets`	$44.01B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$1.62B	USD	Point-in-time
Short-term debt	`DebtCurrent`	$268.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.40B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$3.28B	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$3.10B	USD	Point-in-time
Accrued compensation and employee benefits	`EmployeeRelatedLiabilitiesCurrent`	$3.35B	USD	Point-in-time
Current lease liabilities	`OperatingLeaseLiabilityCurrent`	$312.00M	USD	Point-in-time
Current lease liabilities	`OperatingLeaseLiabilityCurrent`	$310.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$321.00M	USD	Point-in-time
Accrued income taxes	`AccruedIncomeTaxesCurrent`	$221.00M	USD	Point-in-time
Fiduciary liabilities	`FiduciaryLiabilitiesCurrent`	$10.66B	USD	Point-in-time
Fiduciary liabilities	`FiduciaryLiabilitiesCurrent`	$10.79B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$19.80B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$17.83B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$11.84B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$11.23B	USD	Point-in-time
Pension, post-retirement and post-employment benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$779.00M	USD	Point-in-time
Pension, post-retirement and post-employment benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$921.00M	USD	Point-in-time
Long-term lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.66B	USD	Point-in-time
Long-term lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.67B	USD	Point-in-time
Liability for errors and omissions	`LiabilityForErrorsAndOmissions`	$314.00M	USD	Point-in-time
Liability for errors and omissions	`LiabilityForErrorsAndOmissions`	$355.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$1.27B	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 December 31, 2023 and 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 December 31, 2023 and 2022	`CommonStockValue`	$561.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.18B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.24B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$20.30B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$22.76B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.29B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.31B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$229.00M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$179.00M	USD	Point-in-time
Stockholders Equity Subtotal Before Treasury Stock	`StockholdersEquitySubtotalBeforeTreasuryStock`	$19.45B	USD	Point-in-time
Stockholders Equity Subtotal Before Treasury Stock	`StockholdersEquitySubtotalBeforeTreasuryStock`	$16.96B	USD	Point-in-time
Less treasury shares, at cost, 68,635,498 shares at December 31, 2023 and 65,855,914 shares at December 31, 2022	`TreasuryStockCommonValue`	$6.21B	USD	Point-in-time
Less treasury shares, at cost, 68,635,498 shares at December 31, 2023 and 65,855,914 shares at December 31, 2022	`TreasuryStockCommonValue`	$7.08B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.75B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.22B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.37B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$44.11B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$48.03B	USD	Point-in-time

Income Statement 57 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$19.82B	USD	Annual
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$20.72B	USD	Annual
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$22.74B	USD	Annual
Compensation and benefits	`LaborAndRelatedExpense`	$13.10B	USD	Annual
Compensation and benefits	`LaborAndRelatedExpense`	$11.43B	USD	Annual
Compensation and benefits	`LaborAndRelatedExpense`	$12.07B	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$4.36B	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$4.08B	USD	Annual
Other operating expenses	`OtherCostAndExpenseOperating`	$4.37B	USD	Annual
Operating expenses	`OperatingExpenses`	$17.45B	USD	Annual
Operating expenses	`OperatingExpenses`	$16.44B	USD	Annual
Operating expenses	`OperatingExpenses`	$15.51B	USD	Annual
Operating income	`OperatingIncomeLoss`	$4.31B	USD	Annual
Operating income	`OperatingIncomeLoss`	$5.28B	USD	Annual
Operating income	`OperatingIncomeLoss`	$4.28B	USD	Annual
Other net benefits credits	`DefinedBenefitPlanOtherCosts`	$-239.00M	USD	Annual
Other net benefits credits	`DefinedBenefitPlanOtherCosts`	$-277.00M	USD	Annual
Other net benefits credits	`DefinedBenefitPlanOtherCosts`	$-235.00M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$78.00M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$15.00M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$2.00M	USD	Annual
Interest expense	`InterestExpense`	$469.00M	USD	Annual
Interest expense	`InterestExpense`	$578.00M	USD	Annual
Interest expense	`InterestExpense`	$444.00M	USD	Annual
Investment income	`GainLossOnInvestments`	$21.00M	USD	Annual
Investment income	`GainLossOnInvestments`	$5.00M	USD	Annual
Investment income	`GainLossOnInvestments`	$61.00M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.21B	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.03B	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.08B	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$1.22B	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$1.03B	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$995.00M	USD	Annual
Net income before non-controlling interests	`ProfitLoss`	$3.09B	USD	Annual
Net income before non-controlling interests	`ProfitLoss`	$3.80B	USD	Annual
Net income before non-controlling interests	`ProfitLoss`	$3.17B	USD	Annual
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$37.00M	USD	Annual
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$46.00M	USD	Annual
Less: Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$31.00M	USD	Annual
Net income attributable to the Company	`NetIncomeLoss`	$3.05B	USD	Annual
Net income attributable to the Company	`NetIncomeLoss`	$3.14B	USD	Annual
Net income attributable to the Company	`NetIncomeLoss`	$3.76B	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$7.60	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.11	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$6.20	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.04	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$6.13	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$7.53	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	507.00M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	494.00M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	499.00M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	499.00M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	505.00M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	513.00M	shares	Annual
Shares outstanding (in shares)	`CommonStockSharesOutstanding`	504.00M	shares	Point-in-time
Shares outstanding (in shares)	`CommonStockSharesOutstanding`	492.00M	shares	Point-in-time
Shares outstanding (in shares)	`CommonStockSharesOutstanding`	495.00M	shares	Point-in-time

Cash Flow Statement 144 line items

Line Item	Tag	Value	Unit	Period
Net income before non-controlling interests	`ProfitLoss`	$3.09B	USD	Annual
Net income before non-controlling interests	`ProfitLoss`	$3.80B	USD	Annual
Net income before non-controlling interests	`ProfitLoss`	$3.17B	USD	Annual
Depreciation and amortization of fixed assets and capitalized software	`Depreciation`	$381.00M	USD	Annual
Depreciation and amortization of fixed assets and capitalized software	`Depreciation`	$370.00M	USD	Annual
Depreciation and amortization of fixed assets and capitalized software	`Depreciation`	$382.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$343.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$338.00M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$365.00M	USD	Annual
Non-cash lease expense	`LeasesRightOfUseAssetAmortization`	$288.00M	USD	Annual
Non-cash lease expense	`LeasesRightOfUseAssetAmortization`	$327.00M	USD	Annual
Non-cash lease expense	`LeasesRightOfUseAssetAmortization`	$404.00M	USD	Annual
Adjustments and payments related to contingent consideration assets and liabilities	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$27.00M	USD	Annual
Adjustments and payments related to contingent consideration assets and liabilities	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$11.00M	USD	Annual
Adjustments and payments related to contingent consideration assets and liabilities	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-11.00M	USD	Annual
Deconsolidation of Russian businesses	`DeconsolidationGainOrLossAmount`	-	USD	Annual
Deconsolidation of Russian businesses	`DeconsolidationGainOrLossAmount`	$-39.00M	USD	Annual
Deconsolidation of Russian businesses	`DeconsolidationGainOrLossAmount`	$-39.00M	USD	1 Quarter
Deconsolidation of Russian businesses	`DeconsolidationGainOrLossAmount`	-	USD	Annual
Gain on consolidation of entity	`ConsolidationGainLossAmount`	$267.00M	USD	Annual
Gain on consolidation of entity	`ConsolidationGainLossAmount`	$2.00M	USD	Annual
Gain on consolidation of entity	`ConsolidationGainLossAmount`	-	USD	Annual
Net (gain) on investments	`GainLossOnInvestments`	$21.00M	USD	Annual
Net (gain) on investments	`GainLossOnInvestments`	$5.00M	USD	Annual
Net (gain) on investments	`GainLossOnInvestments`	$61.00M	USD	Annual
Net loss (gain) on disposition of assets	`GainLossOnSaleOfOtherAssets`	$33.00M	USD	Annual
Net loss (gain) on disposition of assets	`GainLossOnSaleOfOtherAssets`	$-16.00M	USD	Annual
Net loss (gain) on disposition of assets	`GainLossOnSaleOfOtherAssets`	$127.00M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$363.00M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$367.00M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$348.00M	USD	Annual
Net receivables	`IncreaseDecreaseInReceivables`	$467.00M	USD	Annual
Net receivables	`IncreaseDecreaseInReceivables`	$570.00M	USD	Annual
Net receivables	`IncreaseDecreaseInReceivables`	$492.00M	USD	Annual
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$154.00M	USD	Annual
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$122.00M	USD	Annual
Other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$354.00M	USD	Annual
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$171.00M	USD	Annual
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$195.00M	USD	Annual
Accrued compensation and employee benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$574.00M	USD	Annual
Provision for taxes, net of payments and refunds	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-33.00M	USD	Annual
Provision for taxes, net of payments and refunds	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$105.00M	USD	Annual
Provision for taxes, net of payments and refunds	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-54.00M	USD	Annual
Contributions to pension and other benefit plans in excess of current year credit	`PensionandOtherPostretirementBenefitContributionsInExcessofCurrentYearExpense`	$372.00M	USD	Annual
Contributions to pension and other benefit plans in excess of current year credit	`PensionandOtherPostretirementBenefitContributionsInExcessofCurrentYearExpense`	$385.00M	USD	Annual
Contributions to pension and other benefit plans in excess of current year credit	`PensionandOtherPostretirementBenefitContributionsInExcessofCurrentYearExpense`	$335.00M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$64.00M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$358.00M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$193.00M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-349.00M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-323.00M	USD	Annual
Operating lease liabilities	`IncreaseDecreaseinOperatingLeaseLiabilities`	$-316.00M	USD	Annual
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$4.26B	USD	Annual
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$3.46B	USD	Annual
Net cash provided by operations	`NetCashProvidedByUsedInOperatingActivities`	$3.52B	USD	Annual
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$1.15B	USD	Annual
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$1.16B	USD	Annual
Purchase of treasury shares	`PaymentsForRepurchaseOfCommonStock`	$1.95B	USD	Annual
Issuance of commercial paper with maturity greater than 90 days	`ProceedsFromIssuanceOfCommercialPaperWithMaturityGreaterThan90Days`	-	USD	Annual
Issuance of commercial paper with maturity greater than 90 days	`ProceedsFromIssuanceOfCommercialPaperWithMaturityGreaterThan90Days`	$146.00M	USD	Annual
Issuance of commercial paper with maturity greater than 90 days	`ProceedsFromIssuanceOfCommercialPaperWithMaturityGreaterThan90Days`	-	USD	Annual
Repayment of commercial paper with maturity greater than 90 days	`RepaymentsOfCommercialPaperWithMaturityGreaterThan90Days`	-	USD	Annual
Repayment of commercial paper with maturity greater than 90 days	`RepaymentsOfCommercialPaperWithMaturityGreaterThan90Days`	-	USD	Annual
Repayment of commercial paper with maturity greater than 90 days	`RepaymentsOfCommercialPaperWithMaturityGreaterThan90Days`	$146.00M	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$743.00M	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$984.00M	USD	Annual
Proceeds from issuance of debt	`ProceedsFromIssuanceOfDebt`	$2.17B	USD	Annual
Repayments of debt	`RepaymentsOfLongTermDebt`	$266.00M	USD	Annual
Repayments of debt	`RepaymentsOfLongTermDebt`	$365.00M	USD	Annual
Repayments of debt	`RepaymentsOfLongTermDebt`	$1.02B	USD	Annual
Purchase of non-controlling interests	`PaymentsToMinorityShareholders`	-	USD	Annual
Purchase of non-controlling interests	`PaymentsToMinorityShareholders`	$7.00M	USD	Annual
Purchase of non-controlling interests	`PaymentsToMinorityShareholders`	$139.00M	USD	1 Quarter
Purchase of non-controlling interests	`PaymentsToMinorityShareholders`	$139.00M	USD	Annual
Shares withheld for taxes on vested units treasury shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$148.00M	USD	Annual
Shares withheld for taxes on vested units treasury shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$101.00M	USD	Annual
Shares withheld for taxes on vested units treasury shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$198.00M	USD	Annual
Issuance of common stock from treasury shares	`ProceedsFromIssuanceOrSaleOfEquity`	$199.00M	USD	Annual
Issuance of common stock from treasury shares	`ProceedsFromIssuanceOrSaleOfEquity`	$126.00M	USD	Annual
Issuance of common stock from treasury shares	`ProceedsFromIssuanceOrSaleOfEquity`	$161.00M	USD	Annual
Payments of deferred and contingent consideration for acquisitions	`PaymentsForAcquisitionsDeferredAndContingentConsideration`	$202.00M	USD	Annual
Payments of deferred and contingent consideration for acquisitions	`PaymentsForAcquisitionsDeferredAndContingentConsideration`	$117.00M	USD	Annual
Payments of deferred and contingent consideration for acquisitions	`PaymentsForAcquisitionsDeferredAndContingentConsideration`	$158.00M	USD	Annual
Receipts of contingent consideration for dispositions	`ReceiptsOfContingentConsiderationForDispositions`	$3.00M	USD	Annual
Receipts of contingent consideration for dispositions	`ReceiptsOfContingentConsiderationForDispositions`	$71.00M	USD	Annual
Receipts of contingent consideration for dispositions	`ReceiptsOfContingentConsiderationForDispositions`	$2.00M	USD	Annual
Distributions of non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$36.00M	USD	Annual
Distributions of non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$31.00M	USD	Annual
Distributions of non-controlling interests	`PaymentsOfDividendsMinorityInterest`	$27.00M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$1.03B	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$1.14B	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$1.30B	USD	Annual
Change in fiduciary liabilities	`IncreaseDecreaseInFiduciaryLiabilities`	$1.68B	USD	Annual
Change in fiduciary liabilities	`IncreaseDecreaseInFiduciaryLiabilities`	$-255.00M	USD	Annual
Change in fiduciary liabilities	`IncreaseDecreaseInFiduciaryLiabilities`	$1.18B	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.12B	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.05B	USD	Annual
Net cash used for financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.30B	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$470.00M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$406.00M	USD	Annual
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$416.00M	USD	Annual
Purchases of long-term investments	`PaymentsToAcquireLongtermInvestments`	$22.00M	USD	Annual
Purchases of long-term investments	`PaymentsToAcquireLongtermInvestments`	$57.00M	USD	Annual
Purchases of long-term investments	`PaymentsToAcquireLongtermInvestments`	$28.00M	USD	Annual
Sales of long-term investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$86.00M	USD	Annual
Sales of long-term investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$38.00M	USD	Annual
Sales of long-term investments	`ProceedsFromSaleAndMaturityOfOtherInvestments`	$41.00M	USD	Annual
Dispositions	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$-17.00M	USD	Annual
Dispositions	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$119.00M	USD	Annual
Dispositions	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$24.00M	USD	1 Quarter
Dispositions	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$84.00M	USD	Annual
Acquisitions, net of cash and cash held in a fiduciary capacity acquired	`PaymentToAcquireBusinessesNetOfCashAndCashHeldInAFiduciaryCapacityAcquired`	$859.00M	USD	Annual
Acquisitions, net of cash and cash held in a fiduciary capacity acquired	`PaymentToAcquireBusinessesNetOfCashAndCashHeldInAFiduciaryCapacityAcquired`	$976.00M	USD	Annual
Acquisitions, net of cash and cash held in a fiduciary capacity acquired	`PaymentToAcquireBusinessesNetOfCashAndCashHeldInAFiduciaryCapacityAcquired`	$572.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-11.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.00M	USD	Annual
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-9.00M	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-850.00M	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.16B	USD	Annual
Net cash used for investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.42B	USD	Annual
Effect of exchange rate changes on cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-841.00M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-355.00M	USD	Annual
Effect of exchange rate changes on cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$328.00M	USD	Annual
Increase in cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.05B	USD	Annual
Increase in cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$728.00M	USD	Annual
Increase in cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$700.00M	USD	Annual
Cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.37B	USD	Point-in-time
Cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.15B	USD	Point-in-time
Cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.10B	USD	Point-in-time
Cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.67B	USD	Point-in-time
Cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.37B	USD	Point-in-time
Cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.15B	USD	Point-in-time
Cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.10B	USD	Point-in-time
Cash, cash equivalents, and cash and cash equivalents held in a fiduciary capacity at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.67B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.75B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.36B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.44B	USD	Point-in-time
Cash and cash equivalents held in a fiduciary capacity	`RestrictedCashAndCashEquivalents`	$10.79B	USD	Point-in-time
Cash and cash equivalents held in a fiduciary capacity	`RestrictedCashAndCashEquivalents`	$9.62B	USD	Point-in-time
Cash and cash equivalents held in a fiduciary capacity	`RestrictedCashAndCashEquivalents`	$10.66B	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`	$14.15B	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`	$10.67B	USD	Point-in-time

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Dividend equivalents declared and paid (in dollars per share)	`DividendEquivalentsPerShareCashDeclared`	$2.60	USD	Annual
Dividend equivalents declared and paid (in dollars per share)	`DividendEquivalentsPerShareCashDeclared`	$2.00	USD	Annual
Dividend equivalents declared and paid (in dollars per share)	`DividendEquivalentsPerShareCashDeclared`	$2.25	USD	Annual
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$2.60	USD	Annual
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$2.00	USD	Annual
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashDeclared`	$2.25	USD	Annual
Balance, beginning of year	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.75B	USD	Point-in-time
Balance, beginning of year	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.22B	USD	Point-in-time
Balance, beginning of year	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.37B	USD	Point-in-time
Net income attributable to the Company	`ProfitLoss`	$3.09B	USD	Annual
Net income attributable to the Company	`ProfitLoss`	$3.80B	USD	Annual
Net income attributable to the Company	`ProfitLoss`	$3.17B	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$19.00M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-739.00M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$535.00M	USD	Annual
Purchase of treasury shares	`TreasuryStockValueAcquiredCostMethod`	$1.15B	USD	Annual
Purchase of treasury shares	`TreasuryStockValueAcquiredCostMethod`	$1.90B	USD	Annual
Balance, end of year	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.75B	USD	Point-in-time
Balance, end of year	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.22B	USD	Point-in-time
Balance, end of year	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$12.37B	USD	Point-in-time

Comprehensive Income 27 line items

Line Item	Tag	Value	Unit	Period
Net income before non-controlling interests	`ProfitLoss`	$3.09B	USD	Annual
Net income before non-controlling interests	`ProfitLoss`	$3.80B	USD	Annual
Net income before non-controlling interests	`ProfitLoss`	$3.17B	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-1.20B	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$389.00M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-389.00M	USD	Annual
(Loss) gain related to pension and post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-641.00M	USD	Annual
(Loss) gain related to pension and post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$503.00M	USD	Annual
(Loss) gain related to pension and post-retirement plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax`	$-1.23B	USD	Annual
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-114.00M	USD	Annual
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$840.00M	USD	Annual
Other comprehensive (loss) income, before tax	`OtherComprehensiveIncomeLossBeforeTax`	$-557.00M	USD	Annual
Income tax (credit) expense on other comprehensive (loss) income	`OtherComprehensiveIncomeLossTax`	$-133.00M	USD	Annual
Income tax (credit) expense on other comprehensive (loss) income	`OtherComprehensiveIncomeLossTax`	$305.00M	USD	Annual
Income tax (credit) expense on other comprehensive (loss) income	`OtherComprehensiveIncomeLossTax`	$182.00M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$19.00M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-739.00M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$535.00M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.71B	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.82B	USD	Annual
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$31.00M	USD	Annual
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$37.00M	USD	Annual
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$46.00M	USD	Annual
Comprehensive income attributable to the Company	`ComprehensiveIncomeNetOfTax`	$3.68B	USD	Annual
Comprehensive income attributable to the Company	`ComprehensiveIncomeNetOfTax`	$3.77B	USD	Annual
Comprehensive income attributable to the Company	`ComprehensiveIncomeNetOfTax`	$2.31B	USD	Annual

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