10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000950170-23-055281 |
| Period End Date | 20230930 |
| Filing Date | 20231026 |
| Fiscal Year | 2023 |
| Fiscal Period | Q3 |
| XBRL Instance | bro-20230930_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 |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$650.00M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
302.90M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
304.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$579.50M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$755.70M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
283.20M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
284.30M | shares | Point-in-time |
| Fiduciary cash |
FiduciaryCashCurrent
|
$1.52B | USD | Point-in-time |
| Fiduciary cash |
FiduciaryCashCurrent
|
$1.38B | USD | Point-in-time |
| Treasury stock shares (in shares) |
TreasuryStockCommonShares
|
19.70M | shares | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$12.00M | USD | Point-in-time |
| Treasury stock shares (in shares) |
TreasuryStockCommonShares
|
19.70M | shares | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$13.20M | USD | Point-in-time |
| Commission, fees and other receivables |
CommissionFeesAndOtherReceivable
|
$642.90M | USD | Point-in-time |
| Commission, fees and other receivables |
CommissionFeesAndOtherReceivable
|
$732.60M | USD | Point-in-time |
| Fiduciary receivables |
FiduciaryReceivablesCurrent
|
$862.50M | USD | Point-in-time |
| Fiduciary receivables |
FiduciaryReceivablesCurrent
|
$881.40M | USD | Point-in-time |
| Reinsurance recoverable |
ReinsuranceRecoverablesGross
|
$220.10M | USD | Point-in-time |
| Reinsurance recoverable |
ReinsuranceRecoverablesGross
|
$831.00M | USD | Point-in-time |
| Prepaid reinsurance premiums |
PrepaidReinsurancePremiums
|
$502.70M | USD | Point-in-time |
| Prepaid reinsurance premiums |
PrepaidReinsurancePremiums
|
$393.20M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$202.30M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$243.20M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$5.00B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$4.85B | USD | Point-in-time |
| Fixed assets, net |
PropertyPlantAndEquipmentNet
|
$239.90M | USD | Point-in-time |
| Fixed assets, net |
PropertyPlantAndEquipmentNet
|
$250.20M | USD | Point-in-time |
| Operating lease assets |
OperatingLeaseRightOfUseAsset
|
$214.90M | USD | Point-in-time |
| Operating lease assets |
OperatingLeaseRightOfUseAsset
|
$198.00M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$6.67B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$6.85B | USD | Point-in-time |
| Amortizable intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$1.60B | USD | Point-in-time |
| Amortizable intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$1.53B | USD | Point-in-time |
| Investments |
Investments
|
$24.30M | USD | Point-in-time |
| Investments |
Investments
|
$22.40M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$230.90M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$288.00M | USD | Point-in-time |
| Total assets |
Assets
|
$13.98B | USD | Point-in-time |
| Total assets |
Assets
|
$13.97B | USD | Point-in-time |
| Total assets |
Assets
|
$13.66B | USD | Point-in-time |
| Fiduciary liabilities |
FiduciaryLiabilitiesCurrent
|
$2.38B | USD | Point-in-time |
| Fiduciary liabilities |
FiduciaryLiabilitiesCurrent
|
$2.26B | USD | Point-in-time |
| Losses and loss adjustment reserve |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$231.70M | USD | Point-in-time |
| Losses and loss adjustment reserve |
LiabilityForClaimsAndClaimsAdjustmentExpense
|
$841.10M | USD | Point-in-time |
| Unearned premiums |
UnearnedPremiums
|
$412.30M | USD | Point-in-time |
| Unearned premiums |
UnearnedPremiums
|
$530.90M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$286.50M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$380.20M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrent
|
$507.50M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrent
|
$541.50M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$562.50M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$250.60M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$4.60B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$4.59B | USD | Point-in-time |
| Long-term debt less unamortized discount and debt issuance costs |
LongTermDebtNoncurrent
|
$3.69B | USD | Point-in-time |
| Long-term debt less unamortized discount and debt issuance costs |
LongTermDebtNoncurrent
|
$3.14B | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiabilityNoncurrent
|
$195.90M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiabilityNoncurrent
|
$178.90M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxLiabilitiesNet
|
$568.40M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxLiabilitiesNet
|
$584.00M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$301.90M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$298.90M | USD | Point-in-time |
| Common stock, par value $0.10 per share; authorized 560.0 shares; issued 304.0 shares and outstanding 284.3 shares at 2023, issued 302.9 shares and outstanding 283.2 shares at 2022, respectively |
CommonStockValue
|
$30.30M | USD | Point-in-time |
| Common stock, par value $0.10 per share; authorized 560.0 shares; issued 304.0 shares and outstanding 284.3 shares at 2023, issued 302.9 shares and outstanding 283.2 shares at 2022, respectively |
CommonStockValue
|
$30.40M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$987.10M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$919.70M | USD | Point-in-time |
| Treasury stock, at cost 19.7 shares at 2023, 19.7 shares at 2022, respectively. |
TreasuryStockValue
|
$748.00M | USD | Point-in-time |
| Treasury stock, at cost 19.7 shares at 2023, 19.7 shares at 2022, respectively. |
TreasuryStockValue
|
$748.10M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-148.40M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-127.60M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$5.06B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$4.55B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$5.07B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$4.28B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$4.84B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$4.20B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$4.34B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$4.31B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$5.20B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$4.61B | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$13.97B | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$13.98B | USD | Point-in-time |
Income Statement
75 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Commissions and fees |
InsuranceCommissionsAndFees
|
$925.20M | USD | 1 Quarter |
| Commissions and fees |
InsuranceCommissionsAndFees
|
$2.67B | USD | 3 Qtrs |
| Commissions and fees |
InsuranceCommissionsAndFees
|
$3.19B | USD | 3 Qtrs |
| Commissions and fees |
InsuranceCommissionsAndFees
|
$1.05B | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNonoperating
|
$16.60M | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNonoperating
|
$1.80M | USD | 3 Qtrs |
| Investment income |
InvestmentIncomeNonoperating
|
$1.20M | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNonoperating
|
$33.80M | USD | 3 Qtrs |
| Other income, net |
OtherIncome
|
$3.90M | USD | 3 Qtrs |
| Other income, net |
OtherIncome
|
$2.00M | USD | 3 Qtrs |
| Other income, net |
OtherIncome
|
$1.20M | USD | 1 Quarter |
| Other income, net |
OtherIncome
|
$1.80M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$2.67B | USD | 3 Qtrs |
| Total revenues |
Revenues
|
$1.07B | USD | 1 Quarter |
| Total revenues |
Revenues
|
$3.23B | USD | 3 Qtrs |
| Total revenues |
Revenues
|
$927.60M | USD | 1 Quarter |
| Employee compensation and benefits |
EmployeeCompensationAndBenefits
|
$1.34B | USD | 3 Qtrs |
| Employee compensation and benefits |
EmployeeCompensationAndBenefits
|
$531.60M | USD | 1 Quarter |
| Employee compensation and benefits |
EmployeeCompensationAndBenefits
|
$470.30M | USD | 1 Quarter |
| Employee compensation and benefits |
EmployeeCompensationAndBenefits
|
$1.63B | USD | 3 Qtrs |
| Other operating expenses |
OtherCostAndExpenseOperating
|
$450.60M | USD | 3 Qtrs |
| Other operating expenses |
OtherCostAndExpenseOperating
|
$490.20M | USD | 3 Qtrs |
| Other operating expenses |
OtherCostAndExpenseOperating
|
$167.70M | USD | 1 Quarter |
| Other operating expenses |
OtherCostAndExpenseOperating
|
$169.60M | USD | 1 Quarter |
| (Gain)/loss on disposal |
GainLossOnDispositionOfAssets1
|
$8.90M | USD | 3 Qtrs |
| (Gain)/loss on disposal |
GainLossOnDispositionOfAssets1
|
$2.80M | USD | 1 Quarter |
| (Gain)/loss on disposal |
GainLossOnDispositionOfAssets1
|
$900.00K | USD | 3 Qtrs |
| Amortization |
AdjustmentForAmortization
|
$43.50M | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$123.70M | USD | 3 Qtrs |
| Amortization |
AdjustmentForAmortization
|
$108.20M | USD | 3 Qtrs |
| Amortization |
AdjustmentForAmortization
|
$41.10M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$28.30M | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$11.30M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$30.50M | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$10.40M | USD | 1 Quarter |
| Interest |
InterestExpense
|
$41.50M | USD | 1 Quarter |
| Interest |
InterestExpense
|
$142.10M | USD | 3 Qtrs |
| Interest |
InterestExpense
|
$95.80M | USD | 3 Qtrs |
| Interest |
InterestExpense
|
$47.50M | USD | 1 Quarter |
| Change in estimated acquisition earn-out payables |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$29.40M | USD | 3 Qtrs |
| Change in estimated acquisition earn-out payables |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$-26.60M | USD | 1 Quarter |
| Change in estimated acquisition earn-out payables |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$-33.10M | USD | 3 Qtrs |
| Change in estimated acquisition earn-out payables |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$29.90M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$825.40M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$709.60M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$1.99B | USD | 3 Qtrs |
| Total expenses |
OperatingExpenses
|
$2.44B | USD | 3 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$242.30M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$791.00M | USD | 3 Qtrs |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$218.00M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$681.80M | USD | 3 Qtrs |
| Income taxes |
IncomeTaxExpenseBenefit
|
$56.90M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$66.40M | USD | 1 Quarter |
| Income taxes |
IncomeTaxExpenseBenefit
|
$189.20M | USD | 3 Qtrs |
| Income taxes |
IncomeTaxExpenseBenefit
|
$155.20M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$526.60M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$175.90M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$145.20M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$220.30M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$235.50M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$601.80M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$161.10M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$190.40M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.57 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$1.86 | USD | 3 Qtrs |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$2.12 | USD | 3 Qtrs |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.62 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$2.11 | USD | 3 Qtrs |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.62 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.57 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$1.85 | USD | 3 Qtrs |
| Dividends declared per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.31 | USD | 3 Qtrs |
| Dividends declared per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.10 | USD | 1 Quarter |
| Dividends declared per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.34 | USD | 3 Qtrs |
| Dividends declared per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.12 | USD | 1 Quarter |
Cash Flow Statement
99 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$526.60M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$175.90M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$145.20M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$220.30M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$235.50M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$601.80M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$161.10M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$190.40M | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortizationExcludingAccretionAmortizationOfDebtDiscountsAndPremiumsInvestments
|
$123.70M | USD | 3 Qtrs |
| Amortization |
AdjustmentForAmortizationExcludingAccretionAmortizationOfDebtDiscountsAndPremiumsInvestments
|
$108.20M | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$28.30M | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$11.30M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$30.50M | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$10.40M | USD | 1 Quarter |
| Non-cash stock-based compensation |
ShareBasedCompensation
|
$67.00M | USD | 3 Qtrs |
| Non-cash stock-based compensation |
ShareBasedCompensation
|
$50.30M | USD | 3 Qtrs |
| Change in estimated acquisition earn-out payables |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$29.40M | USD | 3 Qtrs |
| Change in estimated acquisition earn-out payables |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$-26.60M | USD | 1 Quarter |
| Change in estimated acquisition earn-out payables |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$-33.10M | USD | 3 Qtrs |
| Change in estimated acquisition earn-out payables |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$29.90M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$40.20M | USD | 3 Qtrs |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-1.40M | 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
|
$3.10M | 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
|
$11.20M | USD | 3 Qtrs |
| Payments on acquisition earn-outs in excess of original estimated payables |
PaymentsOnAcquisitionEarnOutsInExcessOfOriginalEstimatedPayables
|
$24.30M | USD | 3 Qtrs |
| Payments on acquisition earn-outs in excess of original estimated payables |
PaymentsOnAcquisitionEarnOutsInExcessOfOriginalEstimatedPayables
|
$17.70M | USD | 3 Qtrs |
| Effect of changes in foreign exchange rate changes |
IncreaseDecreaseInEffectOfForeignExchangeRate
|
$100.00K | 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
|
$82.80M | USD | 3 Qtrs |
| Commissions, fees and other receivables (increase) decrease |
IncreaseDecreaseInPremiumsCommissionAndFeesReceivable
|
$47.40M | USD | 3 Qtrs |
| Reinsurance recoverable (increase) decrease |
IncreaseDecreaseInReinsuranceRecoverable
|
$-610.90M | USD | 3 Qtrs |
| Reinsurance recoverable (increase) decrease |
IncreaseDecreaseInReinsuranceRecoverable
|
$958.50M | USD | 3 Qtrs |
| Prepaid reinsurance premiums (increase) decrease |
IncreaseDecreaseInPrepaidReinsurancePremiums
|
$17.70M | USD | 3 Qtrs |
| Prepaid reinsurance premiums (increase) decrease |
IncreaseDecreaseInPrepaidReinsurancePremiums
|
$109.50M | USD | 3 Qtrs |
| Other assets (increase) decrease |
IncreaseDecreaseInOtherOperatingAssets
|
$87.10M | USD | 3 Qtrs |
| Other assets (increase) decrease |
IncreaseDecreaseInOtherOperatingAssets
|
$15.10M | USD | 3 Qtrs |
| Losses and loss adjustment reserve increase (decrease) |
IncreaseDecreaseForLossAndLossAdjustmentExpense
|
$970.40M | USD | 3 Qtrs |
| Losses and loss adjustment reserve increase (decrease) |
IncreaseDecreaseForLossAndLossAdjustmentExpense
|
$-609.40M | USD | 3 Qtrs |
| Unearned premiums increase (decrease) |
IncreaseDecreaseInUnearnedPremiums
|
$38.50M | USD | 3 Qtrs |
| Unearned premiums increase (decrease) |
IncreaseDecreaseInUnearnedPremiums
|
$118.50M | USD | 3 Qtrs |
| Accounts payable increase (decrease) |
IncreaseDecreaseInAccountsPayable
|
$163.00M | USD | 3 Qtrs |
| Accounts payable increase (decrease) |
IncreaseDecreaseInAccountsPayable
|
$80.30M | USD | 3 Qtrs |
| Accrued expenses and other liabilities increase (decrease) |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-40.60M | USD | 3 Qtrs |
| Accrued expenses and other liabilities increase (decrease) |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-63.40M | USD | 3 Qtrs |
| Other liabilities increase (decrease) |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-84.30M | USD | 3 Qtrs |
| Other liabilities increase (decrease) |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-86.10M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$704.10M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$599.80M | USD | 3 Qtrs |
| Additions to fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$13.80M | USD | 1 Quarter |
| Additions to fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$38.40M | USD | 3 Qtrs |
| Additions to fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$14.10M | USD | 1 Quarter |
| Additions to fixed assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$32.40M | USD | 3 Qtrs |
| Payments for businesses acquired, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$1.89B | USD | 3 Qtrs |
| Payments for businesses acquired, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$163.30M | USD | 3 Qtrs |
| Proceeds from sales of fixed assets and customer accounts |
ProceedsFromSaleOfProductiveAssets
|
$8.60M | USD | 3 Qtrs |
| Proceeds from sales of fixed assets and customer accounts |
ProceedsFromSaleOfProductiveAssets
|
$2.20M | USD | 3 Qtrs |
| Purchases of investments |
PaymentsToAcquireInvestments
|
$6.20M | USD | 3 Qtrs |
| Proceeds from sales of investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$6.00M | USD | 3 Qtrs |
| Proceeds from sales of investments |
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
$7.30M | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.91B | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-193.30M | USD | 3 Qtrs |
| Fiduciary receivables and liabilities, net |
FiduciaryReceivablesAndLiabilitiesNet
|
$-117.00M | 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
|
$56.80M | 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
|
$238.10M | USD | 3 Qtrs |
| Payments on long-term debt |
RepaymentsOfLongTermDebt
|
$44.40M | USD | 3 Qtrs |
| Deferred debt issuance costs |
PaymentsOfDebtIssuanceCosts
|
$23.30M | USD | 3 Qtrs |
| Borrowings on revolving credit facility |
ProceedsFromLinesOfCredit
|
$350.00M | USD | 3 Qtrs |
| Borrowings on revolving credit facility |
ProceedsFromLinesOfCredit
|
$170.00M | USD | 3 Qtrs |
| Payments on revolving credit facilities |
RepaymentsOfLinesOfCredit
|
$200.00M | USD | 3 Qtrs |
| Payments on revolving credit facilities |
RepaymentsOfLinesOfCredit
|
$170.00M | USD | 3 Qtrs |
| Issuances of common stock for employee stock benefit plans |
ProceedsFromStockOptionsExercised
|
$40.60M | USD | 3 Qtrs |
| Issuances of common stock for employee stock benefit plans |
ProceedsFromStockOptionsExercised
|
$37.40M | 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
|
$39.80M | USD | 3 Qtrs |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$100.00K | USD | 3 Qtrs |
| Purchase of treasury stock |
PaymentsForRepurchaseOfCommonStock
|
$74.10M | USD | 3 Qtrs |
| Cash dividends paid |
PaymentsOfDividends
|
$86.90M | USD | 3 Qtrs |
| Cash dividends paid |
PaymentsOfDividends
|
$97.90M | USD | 3 Qtrs |
| Net cash (used in)/provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-275.10M | USD | 3 Qtrs |
| Net cash (used in)/provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.88B | USD | 3 Qtrs |
| Effect of foreign exchange rate changes on cash and cash equivalents inclusive of fiduciary cash |
EffectOfForeignExchangeRateCashChangesInCashAndCashEquivalentsInclusiveOfFiduciary
|
$2.00M | USD | 3 Qtrs |
| Effect of foreign exchange rate changes on cash and cash equivalents inclusive of fiduciary cash |
EffectOfForeignExchangeRateCashChangesInCashAndCashEquivalentsInclusiveOfFiduciary
|
$-183.10M | USD | 3 Qtrs |
| Net increase in cash and cash equivalents inclusive of fiduciary cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$380.60M | USD | 3 Qtrs |
| Net increase in cash and cash equivalents inclusive of fiduciary cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$237.70M | USD | 3 Qtrs |
| 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
|
$1.47B | USD | Point-in-time |
| Cash and cash equivalents inclusive of fiduciary cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.03B | USD | Point-in-time |
| Cash and cash equivalents inclusive of fiduciary cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.27B | 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
|
$1.47B | USD | Point-in-time |
| Cash and cash equivalents inclusive of fiduciary cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.03B | USD | Point-in-time |
| Cash and cash equivalents inclusive of fiduciary cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.27B | USD | Point-in-time |
Stockholders Equity
77 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash dividends paid |
CommonStockDividendsPerShareCashPaid
|
$0.10 | USD | 1 Quarter |
| Cash dividends paid |
CommonStockDividendsPerShareCashPaid
|
$0.12 | USD | 1 Quarter |
| Cash dividends paid |
CommonStockDividendsPerShareCashPaid
|
$0.12 | USD | 1 Quarter |
| Cash dividends paid |
CommonStockDividendsPerShareCashPaid
|
$0.12 | USD | 1 Quarter |
| Cash dividends paid |
CommonStockDividendsPerShareCashPaid
|
$0.12 | USD | Point-in-time |
| Cash dividends paid |
CommonStockDividendsPerShareCashPaid
|
$0.10 | USD | 1 Quarter |
| Cash dividends paid |
CommonStockDividendsPerShareCashPaid
|
$0.10 | USD | 1 Quarter |
| Beginning Balance, Value |
StockholdersEquity
|
$5.07B | USD | Point-in-time |
| Beginning Balance, Value |
StockholdersEquity
|
$4.28B | USD | Point-in-time |
| Beginning Balance, Value |
StockholdersEquity
|
$4.84B | USD | Point-in-time |
| Beginning Balance, Value |
StockholdersEquity
|
$4.20B | USD | Point-in-time |
| Beginning Balance, Value |
StockholdersEquity
|
$4.34B | USD | Point-in-time |
| Beginning Balance, Value |
StockholdersEquity
|
$4.31B | USD | Point-in-time |
| Beginning Balance, Value |
StockholdersEquity
|
$5.20B | USD | Point-in-time |
| Beginning Balance, Value |
StockholdersEquity
|
$4.61B | USD | Point-in-time |
| Beginning Balance, Shares |
CommonStockSharesOutstanding
|
283.20M | shares | Point-in-time |
| Beginning Balance, Shares |
CommonStockSharesOutstanding
|
284.30M | shares | Point-in-time |
| Net income |
NetIncomeLoss
|
$526.60M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$175.90M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$145.20M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$220.30M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$235.50M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$601.80M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$161.10M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$190.40M | USD | 1 Quarter |
| Net unrealized holding (loss) gain on available-for- sale securities |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
$300.00K | 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
|
$-300.00K | 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
|
$-200.00K | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$47.10M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$50.50M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-130.20M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-77.20M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-171.70M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-2.10M | USD | 1 Quarter |
| Employee stock purchase plan |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$2.70M | USD | 1 Quarter |
| Employee stock purchase plan |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$2.40M | USD | 1 Quarter |
| Employee stock purchase plan |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$1.70M | USD | 1 Quarter |
| Employee stock purchase plan |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$3.40M | USD | 1 Quarter |
| Employee stock purchase plan |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$43.00M | USD | 1 Quarter |
| Employee stock purchase plan |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$39.20M | USD | 1 Quarter |
| Stock incentive plans |
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
$13.60M | USD | 1 Quarter |
| Stock incentive plans |
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
$17.50M | USD | 1 Quarter |
| Stock incentive plans |
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
$12.10M | USD | 1 Quarter |
| Stock incentive plans |
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
$18.70M | USD | 1 Quarter |
| Stock incentive plans |
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
$21.00M | USD | 1 Quarter |
| Stock incentive plans |
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
$17.90M | USD | 1 Quarter |
| Agency acquisition |
StockIssuedDuringPeriodValueAcquisitions
|
$14.70M | USD | 1 Quarter |
| Directors |
StockIssuedDuringPeriodValueIssuedForServices
|
$900.00K | USD | 1 Quarter |
| Directors |
StockIssuedDuringPeriodValueIssuedForServices
|
$1.10M | 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
|
$800.00K | 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
|
$2.80M | USD | 1 Quarter |
| Repurchase shares to fund tax withholdings for non-cash stock-based compensation |
RepurchaseSharesToFundTaxWithholdingsForNonCashStockBasedCompensationValue
|
$36.20M | USD | 1 Quarter |
| Repurchase shares to fund tax withholdings for non-cash stock-based compensation |
RepurchaseSharesToFundTaxWithholdingsForNonCashStockBasedCompensationValue
|
$46.00M | USD | 1 Quarter |
| Purchase of treasury stock |
TreasuryStockValueAcquiredCostMethod
|
$24.10M | USD | 1 Quarter |
| Purchase of treasury stock |
TreasuryStockValueAcquiredCostMethod
|
$50.00M | USD | 1 Quarter |
| Purchase of treasury stock |
TreasuryStockValueAcquiredCostMethod
|
$100.00K | USD | 1 Quarter |
| Cash dividends paid |
DividendsCash
|
$32.70M | USD | 1 Quarter |
| Cash dividends paid |
DividendsCash
|
$32.60M | 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
|
$32.60M | USD | 1 Quarter |
| Cash dividends paid |
DividendsCash
|
$29.00M | USD | 1 Quarter |
| Ending Balance, Value |
StockholdersEquity
|
$5.07B | USD | Point-in-time |
| Ending Balance, Value |
StockholdersEquity
|
$4.28B | USD | Point-in-time |
| Ending Balance, Value |
StockholdersEquity
|
$4.84B | USD | Point-in-time |
| Ending Balance, Value |
StockholdersEquity
|
$4.20B | USD | Point-in-time |
| Ending Balance, Value |
StockholdersEquity
|
$4.34B | USD | Point-in-time |
| Ending Balance, Value |
StockholdersEquity
|
$4.31B | USD | Point-in-time |
| Ending Balance, Value |
StockholdersEquity
|
$5.20B | USD | Point-in-time |
| Ending Balance, Value |
StockholdersEquity
|
$4.61B | USD | Point-in-time |
| Ending Balance, Shares |
CommonStockSharesOutstanding
|
283.20M | shares | Point-in-time |
| Ending Balance, Shares |
CommonStockSharesOutstanding
|
284.30M | shares | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$601.80M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$161.10M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$526.60M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$175.90M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-304.50M | USD | 3 Qtrs |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$20.60M | USD | 3 Qtrs |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-172.30M | USD | 1 Quarter |
| Foreign currency translation |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
$-77.20M | USD | 1 Quarter |
| Unrealized gain/(loss) on available-for-sale debt securities, net of tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$100.00K | USD | 1 Quarter |
| Unrealized gain/(loss) on available-for-sale debt securities, net of tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-400.00K | USD | 1 Quarter |
| Unrealized gain/(loss) on available-for-sale debt securities, net of tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-1.60M | USD | 3 Qtrs |
| Unrealized gain/(loss) on available-for-sale debt securities, net of tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$200.00K | USD | 3 Qtrs |
| Comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$220.50M | USD | 3 Qtrs |
| Comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$98.80M | USD | 1 Quarter |
| Comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-11.60M | USD | 1 Quarter |
| Comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$622.60M | USD | 3 Qtrs |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.