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10-Q Filing

ARTHUR J. GALLAGHER & CO. CIK: 354190 Q3 2023
Filing Information
Form Type 10-Q
Accession Number 0000950170-23-056014
Period End Date 20230930
Filing Date 20231027
Fiscal Year 2023
Fiscal Period Q3
XBRL Instance ajg-20230930_htm.xml
Balance Sheet 76 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.03B USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $810.60M USD Point-in-time
Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $738.40M USD Point-in-time
Deferred income tax credit carryforwards DeferredTaxAssetsTaxCreditCarryforwards $772.70M USD Point-in-time
Deferred income tax credit carryforwards DeferredTaxAssetsTaxCreditCarryforwards $669.40M USD Point-in-time
Common stock - issued shares CommonStockSharesIssued 211.90M shares Point-in-time
Fiduciary assets FiduciaryAssetsCurrent $18.24B USD Point-in-time
Fiduciary assets FiduciaryAssetsCurrent $30.70B USD Point-in-time
Common stock - issued shares CommonStockSharesIssued 215.90M shares Point-in-time
Common stock - outstanding shares CommonStockSharesOutstanding 211.90M shares Point-in-time
Common stock - outstanding shares CommonStockSharesOutstanding 215.90M shares Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $3.77B USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $2.91B USD Point-in-time
Other current assets OtherAssetsCurrent $399.00M USD Point-in-time
Other current assets OtherAssetsCurrent $436.20M USD Point-in-time
Total current assets AssetsCurrent $35.94B USD Point-in-time
Total current assets AssetsCurrent $22.29B USD Point-in-time
Fixed assets - net PropertyPlantAndEquipmentNet $576.20M USD Point-in-time
Fixed assets - net PropertyPlantAndEquipmentNet $649.40M USD Point-in-time
Deferred income taxes (includes tax credit carryforwards of $669.4 in 2023 and $772.7 in 2022) DeferredIncomeTaxAssetsNet $1.30B USD Point-in-time
Deferred income taxes (includes tax credit carryforwards of $669.4 in 2023 and $772.7 in 2022) DeferredIncomeTaxAssetsNet $1.11B USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $1.09B USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $989.80M USD Point-in-time
Right-of-use assets OperatingLeaseRightOfUseAsset $366.60M USD Point-in-time
Right-of-use assets OperatingLeaseRightOfUseAsset $346.70M USD Point-in-time
Goodwill Goodwill $9.49B USD Point-in-time
Goodwill Goodwill $10.47B USD Point-in-time
Amortizable intangible assets - net FiniteLivedIntangibleAssetsNet $3.58B USD Point-in-time
Amortizable intangible assets - net FiniteLivedIntangibleAssetsNet $3.37B USD Point-in-time
Total assets Assets $38.52B USD Point-in-time
Total assets Assets $53.20B USD Point-in-time
Total assets Assets $38.36B USD Point-in-time
Fiduciary liabilities FiduciaryLiabilitiesCurrent $18.24B USD Point-in-time
Fiduciary liabilities FiduciaryLiabilitiesCurrent $30.70B USD Point-in-time
Accrued compensation and other current liabilities AccruedCompensationAndOtherCurrentLiabilities $2.43B USD Point-in-time
Accrued compensation and other current liabilities AccruedCompensationAndOtherCurrentLiabilities $2.00B USD Point-in-time
Deferred revenue - current DeferredRevenueCurrent $546.70M USD Point-in-time
Deferred revenue - current DeferredRevenueCurrent $634.00M USD Point-in-time
Premium financing debt PremiumFinancingBorrowings $279.00M USD Point-in-time
Premium financing debt PremiumFinancingBorrowings $241.90M USD Point-in-time
Corporate related borrowings - current ShortTermBorrowings $425.00M USD Point-in-time
Corporate related borrowings - current ShortTermBorrowings $310.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $34.47B USD Point-in-time
Total current liabilities LiabilitiesCurrent $21.34B USD Point-in-time
Corporate related borrowings - noncurrent LongTermDebtNoncurrent $5.56B USD Point-in-time
Corporate related borrowings - noncurrent LongTermDebtNoncurrent $6.02B USD Point-in-time
Deferred revenue - noncurrent DeferredRevenueNoncurrent $62.60M USD Point-in-time
Deferred revenue - noncurrent DeferredRevenueNoncurrent $61.60M USD Point-in-time
Lease liabilities - noncurrent OperatingLeaseLiabilityNoncurrent $321.70M USD Point-in-time
Lease liabilities - noncurrent OperatingLeaseLiabilityNoncurrent $300.40M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $1.90B USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $1.81B USD Point-in-time
Total liabilities Liabilities $42.69B USD Point-in-time
Total liabilities Liabilities $29.17B USD Point-in-time
Common stock - issued and outstanding 215.9 shares in 2023 and 211.9 shares in 2022 CommonStockValue $211.90M USD Point-in-time
Common stock - issued and outstanding 215.9 shares in 2023 and 211.9 shares in 2022 CommonStockValue $215.90M USD Point-in-time
Capital in excess of par value AdditionalPaidInCapitalCommonStock $6.51B USD Point-in-time
Capital in excess of par value AdditionalPaidInCapitalCommonStock $7.11B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $3.56B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $4.21B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.14B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.06B USD Point-in-time
Stockholders' equity attributable to controlling interests StockholdersEquity $9.14B USD Point-in-time
Stockholders' equity attributable to controlling interests StockholdersEquity $10.46B USD Point-in-time
Stockholders' equity attributable to noncontrolling interests MinorityInterest $46.50M USD Point-in-time
Stockholders' equity attributable to noncontrolling interests MinorityInterest $46.60M USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.63B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.04B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.44B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.56B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.86B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.86B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.19B USD Point-in-time
Total stockholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.51B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $53.20B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $38.36B USD Point-in-time
Income Statement 81 line items
Line Item Tag Value Unit Period
Revenues before reimbursements RevenueFromContractWithCustomerBeforeReimbursementsExcludingAssessedTax $2.01B USD 1 Quarter
Revenues before reimbursements RevenueFromContractWithCustomerBeforeReimbursementsExcludingAssessedTax $6.42B USD 3 Qtrs
Revenues before reimbursements RevenueFromContractWithCustomerBeforeReimbursementsExcludingAssessedTax $2.45B USD 1 Quarter
Revenues before reimbursements RevenueFromContractWithCustomerBeforeReimbursementsExcludingAssessedTax $7.53B USD 3 Qtrs
Reimbursements RevenueFromContractWithCustomerExcludingAssessedTaxReimbursements $97.40M USD 3 Qtrs
Reimbursements RevenueFromContractWithCustomerExcludingAssessedTaxReimbursements $106.60M USD 3 Qtrs
Reimbursements RevenueFromContractWithCustomerExcludingAssessedTaxReimbursements $38.40M USD 1 Quarter
Reimbursements RevenueFromContractWithCustomerExcludingAssessedTaxReimbursements $32.00M USD 1 Quarter
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $2.49B USD 1 Quarter
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $7.64B USD 3 Qtrs
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $2.04B USD 1 Quarter
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $6.52B USD 3 Qtrs
Compensation LaborAndRelatedExpense $3.62B USD 3 Qtrs
Compensation LaborAndRelatedExpense $4.25B USD 3 Qtrs
Compensation LaborAndRelatedExpense $1.42B USD 1 Quarter
Compensation LaborAndRelatedExpense $1.18B USD 1 Quarter
Operating OperatingExpenses $423.00M USD 1 Quarter
Operating OperatingExpenses $962.70M USD 3 Qtrs
Operating OperatingExpenses $1.24B USD 3 Qtrs
Operating OperatingExpenses $321.50M USD 1 Quarter
Reimbursements CostReimbursements $38.40M USD 1 Quarter
Reimbursements CostReimbursements $32.00M USD 1 Quarter
Reimbursements CostReimbursements $97.40M USD 3 Qtrs
Reimbursements CostReimbursements $106.60M USD 3 Qtrs
Cost of revenues from clean coal activities CostOfGoodsAndServicesSold $22.90M USD 3 Qtrs
Interest InterestExpense $72.80M USD 1 Quarter
Interest InterestExpense $64.40M USD 1 Quarter
Interest InterestExpense $192.90M USD 3 Qtrs
Interest InterestExpense $218.50M USD 3 Qtrs
Depreciation Depreciation $32.90M USD 1 Quarter
Depreciation Depreciation $43.00M USD 1 Quarter
Depreciation Depreciation $108.10M USD 3 Qtrs
Depreciation Depreciation $121.50M USD 3 Qtrs
Amortization AdjustmentForAmortization $385.30M USD 3 Qtrs
Amortization AdjustmentForAmortization $337.50M USD 3 Qtrs
Amortization AdjustmentForAmortization $112.60M USD 1 Quarter
Amortization AdjustmentForAmortization $128.70M USD 1 Quarter
Change in estimated acquisition earnout payables ChangeInEstimatedAcquisitionEarnoutPayables $-16.20M USD 1 Quarter
Change in estimated acquisition earnout payables ChangeInEstimatedAcquisitionEarnoutPayables $-2.50M USD 1 Quarter
Change in estimated acquisition earnout payables ChangeInEstimatedAcquisitionEarnoutPayables $-29.10M USD 3 Qtrs
Change in estimated acquisition earnout payables ChangeInEstimatedAcquisitionEarnoutPayables $48.70M USD 3 Qtrs
Total expenses CostsAndExpenses $6.37B USD 3 Qtrs
Total expenses CostsAndExpenses $1.73B USD 1 Quarter
Total expenses CostsAndExpenses $5.32B USD 3 Qtrs
Total expenses CostsAndExpenses $2.13B USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $364.10M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $315.00M USD 1 Quarter
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.21B USD 3 Qtrs
Earnings before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.27B USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $224.50M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $261.70M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $80.90M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $58.70M USD 1 Quarter
Net earnings ProfitLoss $486.60M USD 1 Quarter
Net earnings ProfitLoss $439.10M USD 1 Quarter
Net earnings ProfitLoss $283.20M USD 1 Quarter
Net earnings ProfitLoss $235.80M USD 1 Quarter
Net earnings ProfitLoss $285.10M USD 1 Quarter
Net earnings ProfitLoss $256.30M USD 1 Quarter
Net earnings ProfitLoss $1.01B USD 3 Qtrs
Net earnings ProfitLoss $980.50M USD 3 Qtrs
Net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $500.00K USD 1 Quarter
Net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $1.80M USD 3 Qtrs
Net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $3.90M USD 3 Qtrs
Net earnings attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.50M USD 1 Quarter
Net earnings attributable to controlling interests NetIncomeLoss $280.70M USD 1 Quarter
Net earnings attributable to controlling interests NetIncomeLoss $1.00B USD 3 Qtrs
Net earnings attributable to controlling interests NetIncomeLoss $255.80M USD 1 Quarter
Net earnings attributable to controlling interests NetIncomeLoss $978.70M USD 3 Qtrs
Basic net earnings per share EarningsPerShareBasic $4.66 USD 3 Qtrs
Basic net earnings per share EarningsPerShareBasic $1.30 USD 1 Quarter
Basic net earnings per share EarningsPerShareBasic $1.21 USD 1 Quarter
Basic net earnings per share EarningsPerShareBasic $4.67 USD 3 Qtrs
Diluted net earnings per share EarningsPerShareDiluted $1.28 USD 1 Quarter
Diluted net earnings per share EarningsPerShareDiluted $4.58 USD 3 Qtrs
Diluted net earnings per share EarningsPerShareDiluted $1.19 USD 1 Quarter
Diluted net earnings per share EarningsPerShareDiluted $4.57 USD 3 Qtrs
Dividends declared per common share CommonStockDividendsPerShareDeclared $0.51 USD 1 Quarter
Dividends declared per common share CommonStockDividendsPerShareDeclared $1.53 USD 3 Qtrs
Dividends declared per common share CommonStockDividendsPerShareDeclared $1.65 USD 3 Qtrs
Dividends declared per common share CommonStockDividendsPerShareDeclared $0.55 USD 1 Quarter
Cash Flow Statement 88 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $486.60M USD 1 Quarter
Net earnings ProfitLoss $439.10M USD 1 Quarter
Net earnings ProfitLoss $283.20M USD 1 Quarter
Net earnings ProfitLoss $235.80M USD 1 Quarter
Net earnings ProfitLoss $285.10M USD 1 Quarter
Net earnings ProfitLoss $256.30M USD 1 Quarter
Net earnings ProfitLoss $1.01B USD 3 Qtrs
Net earnings ProfitLoss $980.50M USD 3 Qtrs
Net gain on investments and other GainLossOnInvestments $1.30M USD 3 Qtrs
Net gain on investments and other GainLossOnInvestments $3.90M USD 3 Qtrs
Depreciation and amortization DepreciationAmortizationAndAccretionNet $445.60M USD 3 Qtrs
Depreciation and amortization DepreciationAmortizationAndAccretionNet $506.80M USD 3 Qtrs
Change in estimated acquisition earnout payables ChangeInEstimatedAcquisitionEarnoutPayables $-16.20M USD 1 Quarter
Change in estimated acquisition earnout payables ChangeInEstimatedAcquisitionEarnoutPayables $-2.50M USD 1 Quarter
Change in estimated acquisition earnout payables ChangeInEstimatedAcquisitionEarnoutPayables $-29.10M USD 3 Qtrs
Change in estimated acquisition earnout payables ChangeInEstimatedAcquisitionEarnoutPayables $48.70M USD 3 Qtrs
Amortization of deferred compensation and restricted stock AmortizationOfDeferredCompensationAndRestrictedStock $76.70M USD 3 Qtrs
Amortization of deferred compensation and restricted stock AmortizationOfDeferredCompensationAndRestrictedStock $62.90M USD 3 Qtrs
Stock-based and other noncash compensation expense ShareBasedCompensation $21.00M USD 3 Qtrs
Stock-based and other noncash compensation expense ShareBasedCompensation $17.00M USD 3 Qtrs
Payments on acquisition earnouts in excess of original estimates BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $-67.90M USD 3 Qtrs
Payments on acquisition earnouts in excess of original estimates BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1 $-64.90M USD 3 Qtrs
Provision for deferred income taxes DeferredIncomeTaxExpenseBenefit $-20.90M USD 3 Qtrs
Provision for deferred income taxes DeferredIncomeTaxExpenseBenefit $8.50M USD 3 Qtrs
Effect of changes in foreign exchange rates ForeignCurrencyTransactionGainLossUnrealized $-7.20M USD 3 Qtrs
Effect of changes in foreign exchange rates ForeignCurrencyTransactionGainLossUnrealized $37.20M USD 3 Qtrs
Net change in accounts receivable, net IncreaseDecreaseInAccountsReceivable $506.60M USD 3 Qtrs
Net change in accounts receivable, net IncreaseDecreaseInAccountsReceivable $684.70M USD 3 Qtrs
Net change in deferred revenue IncreaseDecreaseInContractWithCustomerLiability $63.40M USD 3 Qtrs
Net change in deferred revenue IncreaseDecreaseInContractWithCustomerLiability $32.40M USD 3 Qtrs
Net change in other current assets IncreaseDecreaseInOtherOperatingAssets $17.50M USD 3 Qtrs
Net change in other current assets IncreaseDecreaseInOtherOperatingAssets $-5.80M USD 3 Qtrs
Net change in accrued compensation and other accrued liabilities NetChangeInAccruedCompensationAndOtherAccruedLiabilities $27.50M USD 3 Qtrs
Net change in accrued compensation and other accrued liabilities NetChangeInAccruedCompensationAndOtherAccruedLiabilities $-361.10M USD 3 Qtrs
Net change in income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $25.80M USD 3 Qtrs
Net change in income taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $-27.90M USD 3 Qtrs
Net change in other noncurrent assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $43.70M USD 3 Qtrs
Net change in other noncurrent assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $15.70M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.34B USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $782.10M USD 3 Qtrs
Capital expenditures PaymentsForCapitalImprovements $147.60M USD 3 Qtrs
Capital expenditures PaymentsForCapitalImprovements $140.30M USD 3 Qtrs
Cash paid for acquisitions, net of cash and restricted cash acquired PaymentsToAcquireBusinessesNetOfCashAndRestrictedCashAcquired $418.90M USD 3 Qtrs
Cash paid for acquisitions, net of cash and restricted cash acquired PaymentsToAcquireBusinessesNetOfCashAndRestrictedCashAcquired $1.18B USD 3 Qtrs
Net proceeds from sales of operations/books of business NetProceedsFromSalesOfOperations $6.20M USD 3 Qtrs
Net proceeds from sales of operations/books of business NetProceedsFromSalesOfOperations $5.20M USD 3 Qtrs
Net funding of investment transactions PaymentsForProceedsFromInvestments $-4.90M USD 3 Qtrs
Net funding of investment transactions PaymentsForProceedsFromInvestments $-900.00K USD 3 Qtrs
Net funding of premium finance loans PaymentsForProceedsFromLoansReceivable $72.40M USD 3 Qtrs
Net funding of premium finance loans PaymentsForProceedsFromLoansReceivable $9.00M USD 3 Qtrs
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-562.10M USD 3 Qtrs
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-1.39B USD 3 Qtrs
Payments on acquisition earnouts EarnoutPaymentsForAcquisitions $89.20M USD 3 Qtrs
Payments on acquisition earnouts EarnoutPaymentsForAcquisitions $83.10M USD 3 Qtrs
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $102.20M USD 3 Qtrs
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $100.00M USD 3 Qtrs
Payments to noncontrolling interests PaymentsToMinorityShareholders $2.20M USD 3 Qtrs
Payments to noncontrolling interests PaymentsToMinorityShareholders $800.00K USD 3 Qtrs
Dividends paid PaymentsOfDividendsCommonStock $321.50M USD 3 Qtrs
Dividends paid PaymentsOfDividendsCommonStock $354.50M USD 3 Qtrs
Net change in fiduciary assets and liabilities NetChangeInFiduciaryAssetsAndLiabilities $1.55B USD 3 Qtrs
Net change in fiduciary assets and liabilities NetChangeInFiduciaryAssetsAndLiabilities $1.14B USD 3 Qtrs
Net borrowings on premium financing debt facility NetBorrowingsPaymentsOnPremiumFinancingDebtFacility $-36.60M USD 3 Qtrs
Net borrowings on premium financing debt facility NetBorrowingsPaymentsOnPremiumFinancingDebtFacility $-48.30M USD 3 Qtrs
Borrowings on line of credit facility ProceedsFromLinesOfCredit $2.55B USD 3 Qtrs
Borrowings on line of credit facility ProceedsFromLinesOfCredit $2.29B USD 3 Qtrs
Repayments on line of credit facility RepaymentsOfLinesOfCredit $2.15B USD 3 Qtrs
Repayments on line of credit facility RepaymentsOfLinesOfCredit $2.61B USD 3 Qtrs
Net borrowings of corporate related long-term debt ProceedsFromRepaymentsOfCorporateRelatedLongTermDebt $-201.00M USD 3 Qtrs
Net borrowings of corporate related long-term debt ProceedsFromRepaymentsOfCorporateRelatedLongTermDebt $643.70M USD 3 Qtrs
Debt acquisition costs AmortizationOfDebtIssuanceCosts $1.60M USD 3 Qtrs
Debt acquisition costs AmortizationOfDebtIssuanceCosts $-8.10M USD 3 Qtrs
Settlements on terminated interest rate swaps PaymentsForProceedsFromSettlementsOfTerminatedInterestRateSwaps $-52.70M USD 3 Qtrs
Settlements on terminated interest rate swaps PaymentsForProceedsFromSettlementsOfTerminatedInterestRateSwaps $-60.00M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.89B USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $873.20M USD 3 Qtrs
Effect of changes in foreign exchange rates on cash and cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-16.20M USD 3 Qtrs
Effect of changes in foreign exchange rates on cash and cash equivalents and restricted cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $-282.70M USD 3 Qtrs
Net increase in cash, cash equivalents, restricted cash and fiduciary cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $810.50M USD 3 Qtrs
Net increase in cash, cash equivalents, restricted cash and fiduciary cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $1.82B USD 3 Qtrs
Cash, cash equivalents, restricted cash and fiduciary cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $6.79B USD Point-in-time
Cash, cash equivalents, restricted cash and fiduciary cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $4.47B USD Point-in-time
Cash, cash equivalents, restricted cash and fiduciary cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $4.96B USD Point-in-time
Cash, cash equivalents, restricted cash and fiduciary cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $5.28B USD Point-in-time
Cash, cash equivalents, restricted cash and fiduciary cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $6.79B USD Point-in-time
Cash, cash equivalents, restricted cash and fiduciary cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $4.47B USD Point-in-time
Cash, cash equivalents, restricted cash and fiduciary cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $4.96B USD Point-in-time
Cash, cash equivalents, restricted cash and fiduciary cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $5.28B USD Point-in-time
Stockholders Equity 110 line items
Line Item Tag Value Unit Period
Tax effect on net change in pension asset/liability OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $100.00K USD 1 Quarter
Tax effect on net change in pension asset/liability OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax - USD 1 Quarter
Tax effect on net change in pension asset/liability OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $200.00K USD 1 Quarter
Tax effect on net change in pension asset/liability OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $100.00K USD 1 Quarter
Tax effect on net change in pension asset/liability OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax $200.00K USD 1 Quarter
Net change in fair value of derivative instruments, tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $12.00M USD 1 Quarter
Net change in fair value of derivative instruments, tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $10.30M USD 1 Quarter
Net change in fair value of derivative instruments, tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $8.40M USD 1 Quarter
Net change in fair value of derivative instruments, tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $1.30M USD 1 Quarter
Net change in fair value of derivative instruments, tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $-5.90M USD 1 Quarter
Net change in fair value of derivative instruments, tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $16.20M USD 1 Quarter
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.63B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.04B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.44B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.56B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.86B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.86B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.19B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.51B USD Point-in-time
Beginning balance (in shares) CommonStockSharesIssued 211.90M shares Point-in-time
Beginning balance (in shares) CommonStockSharesIssued 215.90M shares Point-in-time
Net earnings ProfitLoss $486.60M USD 1 Quarter
Net earnings ProfitLoss $439.10M USD 1 Quarter
Net earnings ProfitLoss $283.20M USD 1 Quarter
Net earnings ProfitLoss $235.80M USD 1 Quarter
Net earnings ProfitLoss $285.10M USD 1 Quarter
Net earnings ProfitLoss $256.30M USD 1 Quarter
Net earnings ProfitLoss $1.01B USD 3 Qtrs
Net earnings ProfitLoss $980.50M USD 3 Qtrs
Net purchase of subsidiary shares from noncontrolling interests MinorityInterestIncreaseDecreaseFromRedemptions $2.90M USD 1 Quarter
Net purchase of subsidiary shares from noncontrolling interests MinorityInterestIncreaseDecreaseFromRedemptions $300.00K USD 1 Quarter
Net purchase of subsidiary shares from noncontrolling interests MinorityInterestIncreaseDecreaseFromRedemptions $2.10M USD 1 Quarter
Net purchase of subsidiary shares from noncontrolling interests MinorityInterestIncreaseDecreaseFromRedemptions $-5.40M USD 1 Quarter
Net purchase of subsidiary shares from noncontrolling interests MinorityInterestIncreaseDecreaseFromRedemptions $-1.00M USD 1 Quarter
Net purchase of subsidiary shares from noncontrolling interests MinorityInterestIncreaseDecreaseFromRedemptions $2.70M USD 1 Quarter
Dividends paid to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $400.00K USD 1 Quarter
Dividends paid to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $500.00K USD 1 Quarter
Dividends paid to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $1.10M USD 1 Quarter
Dividends paid to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $600.00K USD 1 Quarter
Dividends paid to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $1.00M USD 1 Quarter
Dividends paid to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $700.00K USD 1 Quarter
Net change in pension asset/liability, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-800.00K USD 1 Quarter
Net change in pension asset/liability, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-300.00K USD 1 Quarter
Net change in pension asset/liability, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-2.30M USD 3 Qtrs
Net change in pension asset/liability, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-700.00K USD 1 Quarter
Net change in pension asset/liability, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $300.00K USD 1 Quarter
Net change in pension asset/liability, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-800.00K USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $193.80M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-399.10M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-418.00M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $33.20M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-215.70M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $15.00M USD 1 Quarter
Change in fair value of derivative instruments, net of taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $4.90M USD 1 Quarter
Change in fair value of derivative instruments, net of taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $24.30M USD 1 Quarter
Change in fair value of derivative instruments, net of taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $45.20M USD 1 Quarter
Change in fair value of derivative instruments, net of taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $-22.50M USD 1 Quarter
Change in fair value of derivative instruments, net of taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $63.00M USD 3 Qtrs
Change in fair value of derivative instruments, net of taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $26.60M USD 1 Quarter
Change in fair value of derivative instruments, net of taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $33.80M USD 1 Quarter
Change in fair value of derivative instruments, net of taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $49.30M USD 3 Qtrs
Compensation expense related to stock option plan grants StockGrantedDuringPeriodValueSharebasedCompensation $5.70M USD 1 Quarter
Compensation expense related to stock option plan grants StockGrantedDuringPeriodValueSharebasedCompensation $7.50M USD 1 Quarter
Compensation expense related to stock option plan grants StockGrantedDuringPeriodValueSharebasedCompensation $9.10M USD 1 Quarter
Compensation expense related to stock option plan grants StockGrantedDuringPeriodValueSharebasedCompensation $20.40M USD 3 Qtrs
Compensation expense related to stock option plan grants StockGrantedDuringPeriodValueSharebasedCompensation $7.70M USD 1 Quarter
Compensation expense related to stock option plan grants StockGrantedDuringPeriodValueSharebasedCompensation $24.60M USD 3 Qtrs
Compensation expense related to stock option plan grants StockGrantedDuringPeriodValueSharebasedCompensation $7.20M USD 1 Quarter
Compensation expense related to stock option plan grants StockGrantedDuringPeriodValueSharebasedCompensation $7.80M USD 1 Quarter
Common stock issued in: purchase transactions StockIssuedDuringPeriodValueAcquisitions $178.60M USD 1 Quarter
Common stock issued in: purchase transactions StockIssuedDuringPeriodValueAcquisitions $17.30M USD 1 Quarter
Common stock issued in: purchase transactions StockIssuedDuringPeriodValueAcquisitions $23.30M USD 1 Quarter
Common stock issued in: purchase transactions StockIssuedDuringPeriodValueAcquisitions $186.50M USD 1 Quarter
Stock option plans StockIssuedDuringPeriodValueStockOptionsExercised $10.60M USD 1 Quarter
Stock option plans StockIssuedDuringPeriodValueStockOptionsExercised $15.80M USD 1 Quarter
Stock option plans StockIssuedDuringPeriodValueStockOptionsExercised $37.80M USD 1 Quarter
Stock option plans StockIssuedDuringPeriodValueStockOptionsExercised $22.80M USD 1 Quarter
Stock option plans StockIssuedDuringPeriodValueStockOptionsExercised $12.30M USD 1 Quarter
Stock option plans StockIssuedDuringPeriodValueStockOptionsExercised $21.20M USD 1 Quarter
Stock option plans (in shares) StockIssuedDuringPeriodSharesStockOptionsExercised 1.10M shares 3 Qtrs
Employee stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $8.10M USD 1 Quarter
Employee stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $13.00M USD 1 Quarter
Employee stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $12.50M USD 1 Quarter
Employee stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $21.70M USD 1 Quarter
Employee stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $17.30M USD 1 Quarter
Employee stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $9.10M USD 1 Quarter
Shares issued to benefit plans StockIssuedDuringPeriodValueEmployeeBenefitPlan $84.60M USD 1 Quarter
Shares issued to benefit plans StockIssuedDuringPeriodValueEmployeeBenefitPlan $74.40M USD 1 Quarter
Deferred compensation and restricted stock StockIssuedDuringPeriodValueDeferredCompensationAndRestrictedStockExpenseBenefit $4.90M USD 1 Quarter
Deferred compensation and restricted stock StockIssuedDuringPeriodValueDeferredCompensationAndRestrictedStockExpenseBenefit $-36.10M USD 1 Quarter
Deferred compensation and restricted stock StockIssuedDuringPeriodValueDeferredCompensationAndRestrictedStockExpenseBenefit $-18.90M USD 1 Quarter
Deferred compensation and restricted stock StockIssuedDuringPeriodValueDeferredCompensationAndRestrictedStockExpenseBenefit $22.30M USD 1 Quarter
Deferred compensation and restricted stock StockIssuedDuringPeriodValueDeferredCompensationAndRestrictedStockExpenseBenefit $-41.90M USD 1 Quarter
Deferred compensation and restricted stock StockIssuedDuringPeriodValueDeferredCompensationAndRestrictedStockExpenseBenefit $22.40M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $120.10M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $108.30M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $118.50M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $108.00M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $108.50M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $119.60M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.63B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.04B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.44B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.56B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.86B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.86B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.19B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.51B USD Point-in-time
Ending balance, (in shares) CommonStockSharesIssued 211.90M shares Point-in-time
Ending balance, (in shares) CommonStockSharesIssued 215.90M shares Point-in-time
Comprehensive Income 38 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $486.60M USD 1 Quarter
Net earnings ProfitLoss $439.10M USD 1 Quarter
Net earnings ProfitLoss $283.20M USD 1 Quarter
Net earnings ProfitLoss $235.80M USD 1 Quarter
Net earnings ProfitLoss $285.10M USD 1 Quarter
Net earnings ProfitLoss $256.30M USD 1 Quarter
Net earnings ProfitLoss $1.01B USD 3 Qtrs
Net earnings ProfitLoss $980.50M USD 3 Qtrs
Change in pension liability, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-800.00K USD 1 Quarter
Change in pension liability, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-300.00K USD 1 Quarter
Change in pension liability, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-2.30M USD 3 Qtrs
Change in pension liability, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-700.00K USD 1 Quarter
Change in pension liability, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $300.00K USD 1 Quarter
Change in pension liability, net of taxes OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-800.00K USD 1 Quarter
Foreign currency translation, net of taxes OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $10.60M USD 3 Qtrs
Foreign currency translation, net of taxes OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-801.90M USD 3 Qtrs
Foreign currency translation, net of taxes OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-216.20M USD 1 Quarter
Foreign currency translation, net of taxes OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-398.90M USD 1 Quarter
Change in fair value of derivative investments, net of taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $4.90M USD 1 Quarter
Change in fair value of derivative investments, net of taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $24.30M USD 1 Quarter
Change in fair value of derivative investments, net of taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $45.20M USD 1 Quarter
Change in fair value of derivative investments, net of taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $-22.50M USD 1 Quarter
Change in fair value of derivative investments, net of taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $63.00M USD 3 Qtrs
Change in fair value of derivative investments, net of taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $26.60M USD 1 Quarter
Change in fair value of derivative investments, net of taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $33.80M USD 1 Quarter
Change in fair value of derivative investments, net of taxes OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $49.30M USD 3 Qtrs
Comprehensive earnings (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.08B USD 3 Qtrs
Comprehensive earnings (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $227.90M USD 3 Qtrs
Comprehensive earnings (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-165.10M USD 1 Quarter
Comprehensive earnings (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $101.60M USD 1 Quarter
Comprehensive earnings attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.60M USD 3 Qtrs
Comprehensive earnings attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $4.60M USD 3 Qtrs
Comprehensive earnings attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $300.00K USD 1 Quarter
Comprehensive earnings attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Comprehensive earnings (loss) attributable to controlling interests ComprehensiveIncomeNetOfTax $1.08B USD 3 Qtrs
Comprehensive earnings (loss) attributable to controlling interests ComprehensiveIncomeNetOfTax $226.30M USD 3 Qtrs
Comprehensive earnings (loss) attributable to controlling interests ComprehensiveIncomeNetOfTax $-165.40M USD 1 Quarter
Comprehensive earnings (loss) attributable to controlling interests ComprehensiveIncomeNetOfTax $98.60M USD 1 Quarter

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

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