10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000950170-22-021976 |
| Period End Date | 20220930 |
| Filing Date | 20221103 |
| Fiscal Year | 2022 |
| Fiscal Period | Q3 |
| XBRL Instance | bro-20220930_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
86 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.10 | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.10 | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
560.00M | shares | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
560.00M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
301.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$784.60M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$579.50M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
302.90M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$693.20M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
283.30M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
282.50M | shares | Point-in-time |
| Fiduciary cash |
FiduciaryCashCurrent
|
$1.27B | USD | Point-in-time |
| Fiduciary cash |
FiduciaryCashCurrent
|
$777.00M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$11.20M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$12.90M | USD | Point-in-time |
| Treasury stock shares (in shares) |
TreasuryStockShares
|
19.60M | shares | Point-in-time |
| Treasury stock shares (in shares) |
TreasuryStockShares
|
18.50M | shares | Point-in-time |
| Commission, fees and other receivables |
CommissionFeesAndOtherReceivable
|
$625.30M | USD | Point-in-time |
| Commission, fees and other receivables |
CommissionFeesAndOtherReceivable
|
$522.60M | USD | Point-in-time |
| Fiduciary receivables |
FiduciaryReceivablesCurrent
|
$693.70M | USD | Point-in-time |
| Fiduciary receivables |
FiduciaryReceivablesCurrent
|
$723.40M | USD | Point-in-time |
| Reinsurance recoverable |
ReinsuranceRecoverablesGross
|
$63.10M | USD | Point-in-time |
| Reinsurance recoverable |
ReinsuranceRecoverablesGross
|
$1.02B | USD | Point-in-time |
| Prepaid reinsurance premiums |
PrepaidReinsurancePremiums
|
$409.90M | USD | Point-in-time |
| Prepaid reinsurance premiums |
PrepaidReinsurancePremiums
|
$392.20M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$175.60M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$208.60M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$4.85B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$3.33B | USD | Point-in-time |
| Fixed assets, net |
PropertyPlantAndEquipmentNet
|
$239.20M | USD | Point-in-time |
| Fixed assets, net |
PropertyPlantAndEquipmentNet
|
$212.00M | USD | Point-in-time |
| Operating lease assets |
OperatingLeaseRightOfUseAsset
|
$197.00M | USD | Point-in-time |
| Operating lease assets |
OperatingLeaseRightOfUseAsset
|
$214.50M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$6.52B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$4.74B | USD | Point-in-time |
| Amortizable intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$1.08B | USD | Point-in-time |
| Amortizable intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$1.59B | USD | Point-in-time |
| Investments |
Investments
|
$24.00M | USD | Point-in-time |
| Investments |
Investments
|
$31.00M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$206.80M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$219.50M | USD | Point-in-time |
| Total assets |
Assets
|
$9.63B | USD | Point-in-time |
| Total assets |
Assets
|
$13.66B | USD | Point-in-time |
| Total assets |
Assets
|
$9.80B | USD | Point-in-time |
| Fiduciary liabilities |
FiduciaryLiabilitiesCurrent
|
$1.99B | USD | Point-in-time |
| Fiduciary liabilities |
FiduciaryLiabilitiesCurrent
|
$1.47B | USD | Point-in-time |
| Losses and loss adjustment reserve |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$63.10M | USD | Point-in-time |
| Losses and loss adjustment reserve |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$1.03B | USD | Point-in-time |
| Unearned premiums |
UnearnedPremiums
|
$392.20M | USD | Point-in-time |
| Unearned premiums |
UnearnedPremiums
|
$430.70M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$276.30M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$242.70M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrent
|
$435.90M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrent
|
$456.20M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$42.50M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$67.50M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$4.24B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.67B | USD | Point-in-time |
| Long-term debt less unamortized discount and debt issuance costs |
LongTermDebtNoncurrent
|
$4.04B | USD | Point-in-time |
| Long-term debt less unamortized discount and debt issuance costs |
LongTermDebtNoncurrent
|
$1.98B | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiabilityNoncurrent
|
$180.00M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiabilityNoncurrent
|
$191.40M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxLiabilitiesNet
|
$572.30M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxLiabilitiesNet
|
$386.80M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$305.00M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$383.90M | USD | Point-in-time |
| Common stock, par value $0.10 per share; authorized 560.0 shares; issued 302.9 shares and outstanding 283.3 shares at 2022, issued 301.0 shares and outstanding 282.5 shares at 2021, respectively |
CommonStockValue
|
$30.10M | USD | Point-in-time |
| Common stock, par value $0.10 per share; authorized 560.0 shares; issued 302.9 shares and outstanding 283.3 shares at 2022, issued 301.0 shares and outstanding 282.5 shares at 2021, respectively |
CommonStockValue
|
$30.30M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$849.40M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$903.40M | USD | Point-in-time |
| Treasury stock, at cost at 19.6 shares at 2022, 18.5 shares at 2021, respectively |
TreasuryStockValue
|
$748.00M | USD | Point-in-time |
| Treasury stock, at cost at 19.6 shares at 2022, 18.5 shares at 2021, respectively |
TreasuryStockValue
|
$673.90M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-315.50M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-9.40M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$4.00B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$4.44B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$4.34B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$3.75B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$3.83B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$4.31B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$3.95B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$4.20B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$4.11B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$4.28B | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$13.66B | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$9.80B | USD | Point-in-time |
Income Statement
76 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Commissions and fees |
InsuranceCommissionsAndFees
|
$769.70M | USD | 1 Quarter |
| Commissions and fees |
InsuranceCommissionsAndFees
|
$2.67B | USD | 3 Qtrs |
| Commissions and fees |
InsuranceCommissionsAndFees
|
$2.31B | USD | 3 Qtrs |
| Commissions and fees |
InsuranceCommissionsAndFees
|
$925.20M | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNonoperating
|
$900.00K | USD | 3 Qtrs |
| Investment income |
InvestmentIncomeNonoperating
|
$1.80M | USD | 3 Qtrs |
| Investment income |
InvestmentIncomeNonoperating
|
$400.00K | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNonoperating
|
$1.20M | USD | 1 Quarter |
| Other income, net |
OtherIncome
|
$2.40M | USD | 3 Qtrs |
| Other income, net |
OtherIncome
|
$1.20M | USD | 1 Quarter |
| Other income, net |
OtherIncome
|
$200.00K | USD | 1 Quarter |
| Other income, net |
OtherIncome
|
$2.00M | USD | 3 Qtrs |
| Total revenues |
Revenues
|
$2.67B | USD | 3 Qtrs |
| Total revenues |
Revenues
|
$2.31B | USD | 3 Qtrs |
| Total revenues |
Revenues
|
$927.60M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$770.30M | USD | 1 Quarter |
| Employee compensation and benefits |
EmployeeCompensationAndBenefits
|
$1.34B | USD | 3 Qtrs |
| Employee compensation and benefits |
EmployeeCompensationAndBenefits
|
$470.30M | USD | 1 Quarter |
| Employee compensation and benefits |
EmployeeCompensationAndBenefits
|
$1.22B | USD | 3 Qtrs |
| Employee compensation and benefits |
EmployeeCompensationAndBenefits
|
$395.00M | USD | 1 Quarter |
| Other operating expenses |
OtherCostAndExpenseOperating
|
$291.70M | USD | 3 Qtrs |
| Other operating expenses |
OtherCostAndExpenseOperating
|
$101.10M | USD | 1 Quarter |
| Other operating expenses |
OtherCostAndExpenseOperating
|
$450.60M | USD | 3 Qtrs |
| Other operating expenses |
OtherCostAndExpenseOperating
|
$169.60M | USD | 1 Quarter |
| (Gain)/loss on disposal |
GainLossOnDispositionOfAssets1
|
$4.30M | USD | 3 Qtrs |
| (Gain)/loss on disposal |
GainLossOnDispositionOfAssets1
|
- | USD | 1 Quarter |
| (Gain)/loss on disposal |
GainLossOnDispositionOfAssets1
|
$900.00K | USD | 3 Qtrs |
| (Gain)/loss on disposal |
GainLossOnDispositionOfAssets1
|
$300.00K | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$108.20M | USD | 3 Qtrs |
| Amortization |
AdjustmentForAmortization
|
$29.50M | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$88.60M | USD | 3 Qtrs |
| Amortization |
AdjustmentForAmortization
|
$43.50M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$11.30M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$28.30M | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$25.40M | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$9.20M | USD | 1 Quarter |
| Interest |
InterestExpense
|
$16.20M | USD | 1 Quarter |
| Interest |
InterestExpense
|
$41.50M | USD | 1 Quarter |
| Interest |
InterestExpense
|
$48.80M | USD | 3 Qtrs |
| Interest |
InterestExpense
|
$95.80M | USD | 3 Qtrs |
| Change in estimated acquisition earn-out payables |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$-33.10M | USD | 3 Qtrs |
| Change in estimated acquisition earn-out payables |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$23.10M | USD | 1 Quarter |
| Change in estimated acquisition earn-out payables |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$-26.60M | USD | 1 Quarter |
| Change in estimated acquisition earn-out payables |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$20.60M | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$709.60M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$573.80M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$1.99B | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$1.69B | USD | 3 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$622.00M | USD | 3 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$681.80M | USD | 3 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$218.00M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$196.50M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$155.20M | USD | 3 Qtrs |
| Income taxes |
IncomeTaxExpenseBenefit
|
$50.10M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$56.90M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$136.60M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$485.40M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$199.70M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$146.40M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$526.60M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$139.30M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$161.10M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$220.30M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$145.20M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.57 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.52 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$1.86 | USD | 3 Qtrs |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$1.72 | USD | 3 Qtrs |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.52 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$1.85 | USD | 3 Qtrs |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$1.71 | USD | 3 Qtrs |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.57 | USD | 1 Quarter |
| Dividends declared per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.31 | USD | 3 Qtrs |
| Dividends declared per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.09 | USD | 1 Quarter |
| Dividends declared per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.28 | USD | 3 Qtrs |
| Dividends declared per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.10 | USD | 1 Quarter |
Cash Flow Statement
97 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$485.40M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$199.70M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$146.40M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$526.60M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$139.30M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$161.10M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$220.30M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$145.20M | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortizationExcludingAccretionAmortizationOfDebtDiscountsAndPremiumsInvestments
|
$108.20M | USD | 3 Qtrs |
| Amortization |
AdjustmentForAmortizationExcludingAccretionAmortizationOfDebtDiscountsAndPremiumsInvestments
|
$88.60M | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$11.30M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$28.30M | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$25.40M | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$9.20M | USD | 1 Quarter |
| Non-cash stock-based compensation |
ShareBasedCompensation
|
$46.70M | USD | 3 Qtrs |
| Non-cash stock-based compensation |
ShareBasedCompensation
|
$50.30M | USD | 3 Qtrs |
| Change in estimated acquisition earn-out payables |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$-33.10M | USD | 3 Qtrs |
| Change in estimated acquisition earn-out payables |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$23.10M | USD | 1 Quarter |
| Change in estimated acquisition earn-out payables |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$-26.60M | USD | 1 Quarter |
| Change in estimated acquisition earn-out payables |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$20.60M | USD | 3 Qtrs |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$40.20M | USD | 3 Qtrs |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$25.40M | USD | 3 Qtrs |
| Amortization of debt discount and disposal of deferred financing costs |
AmortizationOfDebtDiscountPremium
|
$2.80M | USD | 3 Qtrs |
| Amortization of debt discount and disposal of deferred financing costs |
AmortizationOfDebtDiscountPremium
|
$2.10M | USD | 3 Qtrs |
| Amortization (accretion) of discounts and premiums, investment |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-200.00K | USD | 3 Qtrs |
| Amortization (accretion) of discounts and premiums, investment |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-100.00K | USD | 3 Qtrs |
| Net (gain)/loss on sales/disposals of investments, fixed assets and customer accounts |
NetLossGainOnSalesOfInvestmentsFixedAssetsAndCustomerAccounts
|
$2.00M | USD | 3 Qtrs |
| Payments on acquisition earn-outs in excess of original estimated payables |
PaymentsOnAcquisitionEarnOutsInExcessOfOriginalEstimatedPayables
|
$5.70M | USD | 3 Qtrs |
| Payments on acquisition earn-outs in excess of original estimated payables |
PaymentsOnAcquisitionEarnOutsInExcessOfOriginalEstimatedPayables
|
$24.30M | USD | 3 Qtrs |
| Effect of changes in foreign exchange rate changes |
IncreaseDecreaseInEffectOfForeignExchangeRate
|
$500.00K | USD | 3 Qtrs |
| Effect of changes in foreign exchange rate changes |
IncreaseDecreaseInEffectOfForeignExchangeRate
|
$-400.00K | USD | 3 Qtrs |
| Commissions, fees and other receivables (increase) decrease |
IncreaseDecreaseInPremiumsCommissionAndFeesReceivable
|
$47.40M | USD | 3 Qtrs |
| Commissions, fees and other receivables (increase) decrease |
IncreaseDecreaseInPremiumsCommissionAndFeesReceivable
|
$75.80M | USD | 3 Qtrs |
| Reinsurance recoverable (increase) decrease |
IncreaseDecreaseInReinsuranceRecoverable
|
$958.50M | USD | 3 Qtrs |
| Reinsurance recoverable (increase) decrease |
IncreaseDecreaseInReinsuranceRecoverable
|
$177.00M | USD | 3 Qtrs |
| Prepaid reinsurance premiums (increase) decrease |
IncreaseDecreaseInPrepaidReinsurancePremiums
|
$33.60M | USD | 3 Qtrs |
| Prepaid reinsurance premiums (increase) decrease |
IncreaseDecreaseInPrepaidReinsurancePremiums
|
$17.70M | USD | 3 Qtrs |
| Other assets (increase) decrease |
IncreaseDecreaseInOtherOperatingAssets
|
$15.10M | USD | 3 Qtrs |
| Other assets (increase) decrease |
IncreaseDecreaseInOtherOperatingAssets
|
$6.50M | USD | 3 Qtrs |
| Losses and loss adjustment reserve increase (decrease) |
IncreaseDecreaseForLossAndLossAdjustmentExpense
|
$970.40M | USD | 3 Qtrs |
| Losses and loss adjustment reserve increase (decrease) |
IncreaseDecreaseForLossAndLossAdjustmentExpense
|
$177.00M | USD | 3 Qtrs |
| Unearned premiums increase (decrease) |
IncreaseDecreaseInUnearnedPremiums
|
$38.50M | USD | 3 Qtrs |
| Unearned premiums increase (decrease) |
IncreaseDecreaseInUnearnedPremiums
|
$33.60M | USD | 3 Qtrs |
| Accounts payable increase (decrease) |
IncreaseDecreaseInAccountsPayable
|
$54.50M | USD | 3 Qtrs |
| Accounts payable increase (decrease) |
IncreaseDecreaseInAccountsPayable
|
$80.30M | USD | 3 Qtrs |
| Accrued expenses and other liabilities increase (decrease) |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-800.00K | USD | 3 Qtrs |
| Accrued expenses and other liabilities increase (decrease) |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-63.40M | USD | 3 Qtrs |
| Other liabilities increase (decrease) |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-30.70M | USD | 3 Qtrs |
| Other liabilities increase (decrease) |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-86.10M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$627.80M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$599.80M | USD | 3 Qtrs |
| Additions to fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$9.50M | USD | 1 Quarter |
| Additions to fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$32.40M | USD | 3 Qtrs |
| Additions to fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$14.10M | USD | 1 Quarter |
| Additions to fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$34.60M | USD | 3 Qtrs |
| Payments for businesses acquired, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$178.00M | USD | 3 Qtrs |
| Payments for businesses acquired, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$1.89B | USD | 3 Qtrs |
| Proceeds from sales of fixed assets and customer accounts |
ProceedsFromSaleOfProductiveAssets
|
$9.30M | USD | 3 Qtrs |
| Proceeds from sales of fixed assets and customer accounts |
ProceedsFromSaleOfProductiveAssets
|
$2.20M | USD | 3 Qtrs |
| Purchases of investments |
PaymentsToAcquireInvestments
|
$12.40M | USD | 3 Qtrs |
| Proceeds from sales of investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$9.30M | USD | 3 Qtrs |
| Proceeds from sales of investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$7.30M | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-206.40M | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.91B | USD | 3 Qtrs |
| Fiduciary receivables and liabilities, net |
FiduciaryReceivablesAndLiabilitiesNet
|
$-100.00K | USD | 3 Qtrs |
| Fiduciary receivables and liabilities, net |
FiduciaryReceivablesAndLiabilitiesNet
|
$-24.40M | USD | 3 Qtrs |
| Deferred acquisition purchase payment |
DeferredAcquisitionPurchasePayment
|
$5.10M | USD | 3 Qtrs |
| Payments on acquisition earn-outs |
PaymentsOnAcquisitionEarnOuts
|
$36.10M | USD | 3 Qtrs |
| Payments on acquisition earn-outs |
PaymentsOnAcquisitionEarnOuts
|
$52.80M | USD | 3 Qtrs |
| Proceeds from long-term debt |
ProceedsFromIssuanceOfLongTermDebt
|
$2.00B | USD | 3 Qtrs |
| Payments on long-term debt |
RepaymentsOfLongTermDebt
|
$44.40M | USD | 3 Qtrs |
| Payments on long-term debt |
RepaymentsOfLongTermDebt
|
$52.50M | USD | 3 Qtrs |
| Deferred debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$23.30M | USD | 3 Qtrs |
| Borrowings on revolving credit facility |
ProceedsFromLinesOfCredit
|
$350.00M | USD | 3 Qtrs |
| Payments on revolving credit facilities |
RepaymentsOfLinesOfCredit
|
$200.00M | USD | 3 Qtrs |
| Issuances of common stock for employee stock benefit plans |
ProceedsFromStockOptionsExercised
|
$37.40M | USD | 3 Qtrs |
| Issuances of common stock for employee stock benefit plans |
ProceedsFromStockOptionsExercised
|
$33.80M | USD | 3 Qtrs |
| Repurchase shares to fund tax withholdings for non-cash stock-based compensation |
RepurchaseOfStockBenefitPlanSharesForEmployeesToFundTaxWithholdings
|
$48.70M | USD | 3 Qtrs |
| Repurchase shares to fund tax withholdings for non-cash stock-based compensation |
RepurchaseOfStockBenefitPlanSharesForEmployeesToFundTaxWithholdings
|
$49.60M | USD | 3 Qtrs |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$74.10M | USD | 3 Qtrs |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$82.60M | USD | 3 Qtrs |
| Cash dividends paid |
PaymentsOfDividends
|
$78.20M | USD | 3 Qtrs |
| Cash dividends paid |
PaymentsOfDividends
|
$86.90M | USD | 3 Qtrs |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-265.10M | USD | 3 Qtrs |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.88B | USD | 3 Qtrs |
| Effect of foreign exchange rate changes on cash and cash equivalents inclusive of fiduciary cash |
EffectOfForeignExchangeRateCashChangesInCashAndCashEquivalentsInclusiveOfFiduciary
|
$-183.10M | USD | 3 Qtrs |
| Effect of foreign exchange rate changes on cash and cash equivalents inclusive of fiduciary cash |
EffectOfForeignExchangeRateCashChangesInCashAndCashEquivalentsInclusiveOfFiduciary
|
$-2.30M | USD | 3 Qtrs |
| Net increase in cash and cash equivalents inclusive of fiduciary cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$154.00M | USD | 3 Qtrs |
| Net increase in cash and cash equivalents inclusive of fiduciary cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$380.60M | USD | 3 Qtrs |
| Cash and cash equivalents inclusive of fiduciary cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.27B | USD | Point-in-time |
| Cash and cash equivalents inclusive of fiduciary cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.47B | USD | Point-in-time |
| Cash and cash equivalents inclusive of fiduciary cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.85B | USD | Point-in-time |
| Cash and cash equivalents inclusive of fiduciary cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.43B | USD | Point-in-time |
| Cash and cash equivalents inclusive of fiduciary cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.27B | USD | Point-in-time |
| Cash and cash equivalents inclusive of fiduciary cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.47B | USD | Point-in-time |
| Cash and cash equivalents inclusive of fiduciary cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.85B | USD | Point-in-time |
| Cash and cash equivalents inclusive of fiduciary cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.43B | USD | Point-in-time |
Stockholders Equity
82 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash dividends paid |
CommonStockDividendsPerShareCashPaid
|
$0.10 | USD | 1 Quarter |
| Cash dividends paid |
CommonStockDividendsPerShareCashPaid
|
$0.10 | USD | Point-in-time |
| Cash dividends paid |
CommonStockDividendsPerShareCashPaid
|
$0.10 | USD | Point-in-time |
| Cash dividends paid |
CommonStockDividendsPerShareCashPaid
|
$0.09 | USD | 1 Quarter |
| Cash dividends paid |
CommonStockDividendsPerShareCashPaid
|
$0.10 | USD | 1 Quarter |
| Cash dividends paid |
CommonStockDividendsPerShareCashPaid
|
$0.09 | USD | 1 Quarter |
| Cash dividends paid |
CommonStockDividendsPerShareCashPaid
|
$0.10 | USD | 1 Quarter |
| Cash dividends paid |
CommonStockDividendsPerShareCashPaid
|
$0.10 | USD | Point-in-time |
| Cash dividends paid |
CommonStockDividendsPerShareCashPaid
|
$0.09 | USD | 1 Quarter |
| Beginning Balance, Value |
StockholdersEquity
|
$4.34B | USD | Point-in-time |
| Beginning Balance, Value |
StockholdersEquity
|
$3.75B | USD | Point-in-time |
| Beginning Balance, Value |
StockholdersEquity
|
$3.83B | USD | Point-in-time |
| Beginning Balance, Value |
StockholdersEquity
|
$4.31B | USD | Point-in-time |
| Beginning Balance, Value |
StockholdersEquity
|
$3.95B | USD | Point-in-time |
| Beginning Balance, Value |
StockholdersEquity
|
$4.20B | USD | Point-in-time |
| Beginning Balance, Value |
StockholdersEquity
|
$4.11B | USD | Point-in-time |
| Beginning Balance, Value |
StockholdersEquity
|
$4.28B | USD | Point-in-time |
| Beginning Balance, Shares |
CommonStockSharesOutstanding
|
283.30M | shares | Point-in-time |
| Beginning Balance, Shares |
CommonStockSharesOutstanding
|
282.50M | shares | Point-in-time |
| Net income |
NetIncomeLoss
|
$485.40M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$199.70M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$146.40M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$526.60M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$139.30M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$161.10M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$220.30M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$145.20M | USD | 1 Quarter |
| Net unrealized holding (loss) gain on available-for- sale securities |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-900.00K | USD | 1 Quarter |
| Net unrealized holding (loss) gain on available-for- sale securities |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-400.00K | USD | 1 Quarter |
| Net unrealized holding (loss) gain on available-for- sale securities |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-100.00K | USD | 1 Quarter |
| Net unrealized holding (loss) gain on available-for- sale securities |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-200.00K | USD | 1 Quarter |
| Net unrealized holding (loss) gain on available-for- sale securities |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$-300.00K | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$1.50M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-2.90M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-171.70M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-2.10M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-130.20M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-5.10M | USD | 1 Quarter |
| Employee stock purchase plan |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$2.70M | USD | 1 Quarter |
| Employee stock purchase plan |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$1.70M | USD | 1 Quarter |
| Employee stock purchase plan |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$2.00M | USD | 1 Quarter |
| Employee stock purchase plan |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$3.00M | USD | 1 Quarter |
| Employee stock purchase plan |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$35.30M | USD | 1 Quarter |
| Employee stock purchase plan |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$39.20M | USD | 1 Quarter |
| Stock incentive plans |
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
$12.10M | USD | 1 Quarter |
| Stock incentive plans |
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
$13.60M | USD | 1 Quarter |
| Stock incentive plans |
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
$11.60M | USD | 1 Quarter |
| Stock incentive plans |
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
$15.60M | USD | 1 Quarter |
| Stock incentive plans |
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
$12.00M | USD | 1 Quarter |
| Stock incentive plans |
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
$17.50M | USD | 1 Quarter |
| Agency acquisition |
StockIssuedDuringPeriodValueAcquisitions
|
$14.70M | USD | 1 Quarter |
| Agency acquisition |
StockIssuedDuringPeriodValueAcquisitions
|
$4.90M | USD | 1 Quarter |
| Agency acquisition |
StockIssuedDuringPeriodValueAcquisitions
|
$14.70M | USD | 3 Qtrs |
| Directors |
StockIssuedDuringPeriodValueIssuedForServices
|
$900.00K | USD | 1 Quarter |
| Directors |
StockIssuedDuringPeriodValueIssuedForServices
|
$900.00K | USD | 1 Quarter |
| Repurchase shares to fund tax withholdings for non-cash stock-based compensation |
RepurchaseSharesToFundTaxWithholdingsForNonCashStockBasedCompensationValue
|
$2.40M | USD | 1 Quarter |
| Repurchase shares to fund tax withholdings for non-cash stock-based compensation |
RepurchaseSharesToFundTaxWithholdingsForNonCashStockBasedCompensationValue
|
$300.00K | USD | 1 Quarter |
| Repurchase shares to fund tax withholdings for non-cash stock-based compensation |
RepurchaseSharesToFundTaxWithholdingsForNonCashStockBasedCompensationValue
|
$45.00M | USD | 1 Quarter |
| Repurchase shares to fund tax withholdings for non-cash stock-based compensation |
RepurchaseSharesToFundTaxWithholdingsForNonCashStockBasedCompensationValue
|
$1.30M | USD | 1 Quarter |
| Repurchase shares to fund tax withholdings for non-cash stock-based compensation |
RepurchaseSharesToFundTaxWithholdingsForNonCashStockBasedCompensationValue
|
$46.00M | USD | 1 Quarter |
| Repurchase shares to fund tax withholdings for non-cash stock-based compensation |
RepurchaseSharesToFundTaxWithholdingsForNonCashStockBasedCompensationValue
|
$3.20M | USD | 1 Quarter |
| Purchase of treasury stock |
TreasuryStockValueAcquiredCostMethod
|
$50.00M | USD | 1 Quarter |
| Purchase of treasury stock |
TreasuryStockValueAcquiredCostMethod
|
$70.00M | USD | 1 Quarter |
| Purchase of treasury stock |
TreasuryStockValueAcquiredCostMethod
|
$11.40M | USD | 1 Quarter |
| Purchase of treasury stock |
TreasuryStockValueAcquiredCostMethod
|
$24.10M | USD | 1 Quarter |
| Purchase of treasury stock |
TreasuryStockValueAcquiredCostMethod
|
$1.10M | USD | 1 Quarter |
| Cash dividends paid |
DividendsCash
|
$29.00M | USD | 1 Quarter |
| Cash dividends paid |
DividendsCash
|
$28.90M | USD | 1 Quarter |
| Cash dividends paid |
DividendsCash
|
$26.10M | USD | 1 Quarter |
| Cash dividends paid |
DividendsCash
|
$29.00M | USD | 1 Quarter |
| Cash dividends paid |
DividendsCash
|
$26.10M | USD | 1 Quarter |
| Cash dividends paid |
DividendsCash
|
$26.10M | USD | 1 Quarter |
| Ending Balance, Value |
StockholdersEquity
|
$4.34B | USD | Point-in-time |
| Ending Balance, Value |
StockholdersEquity
|
$3.75B | USD | Point-in-time |
| Ending Balance, Value |
StockholdersEquity
|
$3.83B | USD | Point-in-time |
| Ending Balance, Value |
StockholdersEquity
|
$4.31B | USD | Point-in-time |
| Ending Balance, Value |
StockholdersEquity
|
$3.95B | USD | Point-in-time |
| Ending Balance, Value |
StockholdersEquity
|
$4.20B | USD | Point-in-time |
| Ending Balance, Value |
StockholdersEquity
|
$4.11B | USD | Point-in-time |
| Ending Balance, Value |
StockholdersEquity
|
$4.28B | USD | Point-in-time |
| Ending Balance, Shares |
CommonStockSharesOutstanding
|
283.30M | shares | Point-in-time |
| Ending Balance, Shares |
CommonStockSharesOutstanding
|
282.50M | shares | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$485.40M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$526.60M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$161.10M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$146.40M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-2.90M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-172.30M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-304.50M | USD | 3 Qtrs |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-6.70M | USD | 3 Qtrs |
| Unrealized (loss) gain on available-for-sale debt securities, net of tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$200.00K | USD | 3 Qtrs |
| Unrealized (loss) gain on available-for-sale debt securities, net of tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-100.00K | USD | 1 Quarter |
| Unrealized (loss) gain on available-for-sale debt securities, net of tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-1.60M | USD | 3 Qtrs |
| Unrealized (loss) gain on available-for-sale debt securities, net of tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-400.00K | USD | 1 Quarter |
| Comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-11.60M | USD | 1 Quarter |
| Comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$143.40M | USD | 1 Quarter |
| Comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$220.50M | USD | 3 Qtrs |
| Comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$478.90M | USD | 3 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.