10-K Filing

ARTHUR J. GALLAGHER & CO. CIK: 354190 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000950170-24-013370`
Period End Date	20231231
Filing Date	20240209
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	ajg-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 60 Cash Flow Statement 117 Stockholders Equity 60 Comprehensive Income 21

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$971.50M	USD	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$738.40M	USD	Point-in-time
Common stock - authorized shares	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$867.70M	USD	Point-in-time
Common stock - authorized shares	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock - issued shares	`CommonStockSharesIssued`	211.90M	shares	Point-in-time
Fiduciary assets	`FiduciaryAssetsCurrent`	$26.91B	USD	Point-in-time
Fiduciary assets	`FiduciaryAssetsCurrent`	$18.24B	USD	Point-in-time
Common stock - issued shares	`CommonStockSharesIssued`	216.70M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$2.91B	USD	Point-in-time
Common stock - outstanding shares	`CommonStockSharesOutstanding`	216.70M	shares	Point-in-time
Common stock - outstanding shares	`CommonStockSharesOutstanding`	211.90M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$3.79B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$399.00M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$450.10M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$32.12B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$22.29B	USD	Point-in-time
Fixed assets - net	`PropertyPlantAndEquipmentNet`	$726.40M	USD	Point-in-time
Fixed assets - net	`PropertyPlantAndEquipmentNet`	$576.20M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$1.13B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$1.30B	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$989.80M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$1.13B	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$346.70M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$400.30M	USD	Point-in-time
Goodwill - net	`Goodwill`	$11.48B	USD	Point-in-time
Goodwill - net	`Goodwill`	$9.49B	USD	Point-in-time
Goodwill - net	`Goodwill`	$8.67B	USD	Point-in-time
Amortizable intangible assets - net	`FiniteLivedIntangibleAssetsNet`	$3.37B	USD	Point-in-time
Amortizable intangible assets - net	`FiniteLivedIntangibleAssetsNet`	$4.63B	USD	Point-in-time
Total assets	`Assets`	$33.24B	USD	Point-in-time
Total assets	`Assets`	$51.62B	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`	$26.91B	USD	Point-in-time
Accrued compensation and other current liabilities	`AccruedCompensationAndOtherAccruedLiabilities`	$2.00B	USD	Point-in-time
Accrued compensation and other current liabilities	`AccruedCompensationAndOtherAccruedLiabilities`	$2.55B	USD	Point-in-time
Deferred revenue - current	`DeferredRevenueCurrent`	$546.70M	USD	Point-in-time
Deferred revenue - current	`DeferredRevenueCurrent`	$644.70M	USD	Point-in-time
Premium financing debt	`PremiumFinancingBorrowings`	$289.00M	USD	Point-in-time
Premium financing debt	`PremiumFinancingBorrowings`	$241.90M	USD	Point-in-time
Corporate related borrowings - current	`ShortTermBorrowings`	$670.00M	USD	Point-in-time
Corporate related borrowings - current	`ShortTermBorrowings`	$310.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$31.06B	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`	$7.01B	USD	Point-in-time
Deferred revenue - noncurrent	`DeferredRevenueNoncurrent`	$61.50M	USD	Point-in-time
Deferred revenue - noncurrent	`DeferredRevenueNoncurrent`	$62.60M	USD	Point-in-time
Lease liabilities - noncurrent	`OperatingLeaseLiabilityNoncurrent`	$300.40M	USD	Point-in-time
Lease liabilities - noncurrent	`OperatingLeaseLiabilityNoncurrent`	$352.20M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$2.32B	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.90B	USD	Point-in-time
Total liabilities	`Liabilities`	$29.17B	USD	Point-in-time
Total liabilities	`Liabilities`	$40.80B	USD	Point-in-time
Common stock - authorized 400.0 shares; issued and outstanding 216.7 shares in 2023 and 211.9 shares in 2022	`CommonStockValue`	$211.90M	USD	Point-in-time
Common stock - authorized 400.0 shares; issued and outstanding 216.7 shares in 2023 and 211.9 shares in 2022	`CommonStockValue`	$216.70M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$7.30B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$6.51B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.05B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.56B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.14B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-792.10M	USD	Point-in-time
Stockholders' equity attributable to controlling interests	`StockholdersEquity`	$9.14B	USD	Point-in-time
Stockholders' equity attributable to controlling interests	`StockholdersEquity`	$10.78B	USD	Point-in-time
Stockholders' equity attributable to noncontrolling interests	`MinorityInterest`	$46.60M	USD	Point-in-time
Stockholders' equity attributable to noncontrolling interests	`MinorityInterest`	$40.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.56B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.82B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.19B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.23B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$51.62B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$38.36B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenues before reimbursements	`RevenueFromContractWithCustomerBeforeReimbursementsExcludingAssessedTax`	$8.08B	USD	Annual
Revenues before reimbursements	`RevenueFromContractWithCustomerBeforeReimbursementsExcludingAssessedTax`	$9.93B	USD	Annual
Revenues before reimbursements	`RevenueFromContractWithCustomerBeforeReimbursementsExcludingAssessedTax`	$8.42B	USD	Annual
Reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTaxReimbursements`	$130.50M	USD	Annual
Reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTaxReimbursements`	$145.40M	USD	Annual
Reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTaxReimbursements`	$133.00M	USD	Annual
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.21B	USD	Annual
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$10.07B	USD	Annual
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.55B	USD	Annual
Compensation	`LaborAndRelatedExpense`	$3.93B	USD	Annual
Compensation	`LaborAndRelatedExpense`	$4.80B	USD	Annual
Compensation	`LaborAndRelatedExpense`	$5.68B	USD	Annual
Operating	`OperatingExpenses`	$1.07B	USD	Annual
Operating	`OperatingExpenses`	$1.69B	USD	Annual
Operating	`OperatingExpenses`	$1.33B	USD	Annual
Reimbursements	`CostReimbursements`	$145.40M	USD	Annual
Reimbursements	`CostReimbursements`	$130.50M	USD	Annual
Reimbursements	`CostReimbursements`	$133.00M	USD	Annual
Cost of revenues from clean coal activities	`CostOfGoodsAndServicesSold`	$1.17B	USD	Annual
Cost of revenues from clean coal activities	`CostOfGoodsAndServicesSold`	$22.90M	USD	Annual
Interest	`InterestExpense`	$296.70M	USD	Annual
Interest	`InterestExpense`	$226.10M	USD	Annual
Interest	`InterestExpense`	$256.90M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-16.20M	USD	Annual
Depreciation	`Depreciation`	$151.20M	USD	Annual
Depreciation	`Depreciation`	$165.20M	USD	Annual
Depreciation	`Depreciation`	$144.70M	USD	Annual
Amortization	`AdjustmentForAmortization`	$531.30M	USD	Annual
Amortization	`AdjustmentForAmortization`	$415.10M	USD	Annual
Amortization	`AdjustmentForAmortization`	$454.90M	USD	Annual
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$377.30M	USD	Annual
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$119.60M	USD	Annual
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$83.00M	USD	Annual
Total expenses	`CostsAndExpenses`	$7.23B	USD	Annual
Total expenses	`CostsAndExpenses`	$8.89B	USD	Annual
Total expenses	`CostsAndExpenses`	$7.22B	USD	Annual
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.19B	USD	Annual
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$975.10M	USD	Annual
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.33B	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$219.10M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$20.10M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$211.00M	USD	Annual
Net earnings	`ProfitLoss`	$1.12B	USD	Annual
Net earnings	`ProfitLoss`	$966.00M	USD	Annual
Net earnings	`ProfitLoss`	$955.00M	USD	Annual
Net earnings (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.80M	USD	Annual
Net earnings (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$48.20M	USD	Annual
Net earnings (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-3.50M	USD	Annual
Net earnings attributable to controlling interests	`NetIncomeLoss`	$906.80M	USD	Annual
Net earnings attributable to controlling interests	`NetIncomeLoss`	$969.50M	USD	Annual
Net earnings attributable to controlling interests	`NetIncomeLoss`	$1.11B	USD	Annual
Basic net earnings per share	`EarningsPerShareBasic`	$4.47	USD	Annual
Basic net earnings per share	`EarningsPerShareBasic`	$4.51	USD	Annual
Basic net earnings per share	`EarningsPerShareBasic`	$5.30	USD	Annual
Diluted net earnings per share	`EarningsPerShareDiluted`	$4.37	USD	Annual
Diluted net earnings per share	`EarningsPerShareDiluted`	$4.42	USD	Annual
Diluted net earnings per share	`EarningsPerShareDiluted`	$5.19	USD	Annual
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$2.20	USD	Annual
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$2.04	USD	Annual
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$1.92	USD	Annual

Cash Flow Statement 117 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$1.12B	USD	Annual
Net earnings	`ProfitLoss`	$966.00M	USD	Annual
Net earnings	`ProfitLoss`	$955.00M	USD	Annual
Net gain on investments and other	`GainLossOnInvestments`	$11.00M	USD	Annual
Net gain on investments and other	`GainLossOnInvestments`	$17.00M	USD	Annual
Net gain on investments and other	`GainLossOnInvestments`	$8.40M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtRelatedToOperatingActivities`	$-9.70M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$696.50M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$566.30M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$599.60M	USD	Annual
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$377.30M	USD	Annual
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$119.60M	USD	Annual
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$83.00M	USD	Annual
Amortization of deferred compensation and restricted stock	`AmortizationOfDeferredCompensationAndRestrictedStock`	$105.10M	USD	Annual
Amortization of deferred compensation and restricted stock	`AmortizationOfDeferredCompensationAndRestrictedStock`	$68.90M	USD	Annual
Amortization of deferred compensation and restricted stock	`AmortizationOfDeferredCompensationAndRestrictedStock`	$85.40M	USD	Annual
Stock-based and other noncash compensation expense	`ShareBasedCompensation`	$31.40M	USD	Annual
Stock-based and other noncash compensation expense	`ShareBasedCompensation`	$13.40M	USD	Annual
Stock-based and other noncash compensation expense	`ShareBasedCompensation`	$24.40M	USD	Annual
Payments on acquisition earnouts in excess of original estimates	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-81.70M	USD	Annual
Payments on acquisition earnouts in excess of original estimates	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-29.60M	USD	Annual
Payments on acquisition earnouts in excess of original estimates	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-68.40M	USD	Annual
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$43.10M	USD	Annual
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-209.00M	USD	Annual
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-184.00M	USD	Annual
Effect of changes in foreign exchange rates	`ForeignCurrencyTransactionGainLossUnrealized`	$-10.30M	USD	Annual
Effect of changes in foreign exchange rates	`ForeignCurrencyTransactionGainLossUnrealized`	$-2.30M	USD	Annual
Effect of changes in foreign exchange rates	`ForeignCurrencyTransactionGainLossUnrealized`	$34.00M	USD	Annual
Net change in accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$172.30M	USD	Annual
Net change in accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$319.60M	USD	Annual
Net change in accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$503.50M	USD	Annual
Net change in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$49.00M	USD	Annual
Net change in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$29.30M	USD	Annual
Net change in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$23.10M	USD	Annual
Net change in other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$102.80M	USD	Annual
Net change in other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$71.70M	USD	Annual
Net change in other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$107.30M	USD	Annual
Net change in accrued compensation and other accrued liabilities	`NetChangeInAccruedCompensationAndOtherAccruedLiabilities`	$-462.90M	USD	Annual
Net change in accrued compensation and other accrued liabilities	`NetChangeInAccruedCompensationAndOtherAccruedLiabilities`	$-217.30M	USD	Annual
Net change in accrued compensation and other accrued liabilities	`NetChangeInAccruedCompensationAndOtherAccruedLiabilities`	$-119.00M	USD	Annual
Net change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-77.70M	USD	Annual
Net change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-123.80M	USD	Annual
Net change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$49.90M	USD	Annual
Net change in other noncurrent assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-10.40M	USD	Annual
Net change in other noncurrent assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-46.30M	USD	Annual
Net change in other noncurrent assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-55.40M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.03B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.39B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.39B	USD	Annual
Capital expenditures	`PaymentsForCapitalImprovements`	$193.60M	USD	Annual
Capital expenditures	`PaymentsForCapitalImprovements`	$182.70M	USD	Annual
Capital expenditures	`PaymentsForCapitalImprovements`	$128.60M	USD	Annual
Cash paid for acquisitions, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAndRestrictedCashAcquired`	$764.90M	USD	Annual
Cash paid for acquisitions, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAndRestrictedCashAcquired`	$3.04B	USD	Annual
Cash paid for acquisitions, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAndRestrictedCashAcquired`	$3.25B	USD	Annual
Net proceeds from sales of operations/books of business	`NetProceedsFromSalesOfOperations`	$15.70M	USD	Annual
Net proceeds from sales of operations/books of business	`NetProceedsFromSalesOfOperations`	$9.90M	USD	Annual
Net proceeds from sales of operations/books of business	`NetProceedsFromSalesOfOperations`	$11.00M	USD	Annual
Net funding of investment transactions	`PaymentsForProceedsFromInvestments`	$1.10M	USD	Annual
Net funding of investment transactions	`PaymentsForProceedsFromInvestments`	$-5.50M	USD	Annual
Net funding of investment transactions	`PaymentsForProceedsFromInvestments`	$-1.00M	USD	Annual
Net funding of premium finance loans	`PaymentsForProceedsFromLoansReceivable`	$69.20M	USD	Annual
Net funding of premium finance loans	`PaymentsForProceedsFromLoansReceivable`	$72.90M	USD	Annual
Net funding of premium finance loans	`PaymentsForProceedsFromLoansReceivable`	$66.80M	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.00B	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.29B	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.43B	USD	Annual
Payments on acquisition earnouts	`EarnoutPaymentsForAcquisitions`	$137.30M	USD	Annual
Payments on acquisition earnouts	`EarnoutPaymentsForAcquisitions`	$106.50M	USD	Annual
Payments on acquisition earnouts	`EarnoutPaymentsForAcquisitions`	$97.80M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.55B	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$123.10M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$120.20M	USD	Annual
Payments to noncontrolling interests	`PaymentsToMinorityShareholders`	$2.40M	USD	Annual
Payments to noncontrolling interests	`PaymentsToMinorityShareholders`	$39.10M	USD	Annual
Payments to noncontrolling interests	`PaymentsToMinorityShareholders`	$3.60M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$392.00M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$473.60M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$429.50M	USD	Annual
Net change in fiduciary assets and liabilities	`NetChangeInFiduciaryAssetsAndLiabilities`	$1.30B	USD	Annual
Net change in fiduciary assets and liabilities	`NetChangeInFiduciaryAssetsAndLiabilities`	$311.70M	USD	Annual
Net change in fiduciary assets and liabilities	`NetChangeInFiduciaryAssetsAndLiabilities`	$735.40M	USD	Annual
Net borrowings on premium financing debt facility	`NetBorrowingsPaymentsOnPremiumFinancingDebtFacility`	$-41.70M	USD	Annual
Net borrowings on premium financing debt facility	`NetBorrowingsPaymentsOnPremiumFinancingDebtFacility`	$-37.00M	USD	Annual
Net borrowings on premium financing debt facility	`NetBorrowingsPaymentsOnPremiumFinancingDebtFacility`	$-25.30M	USD	Annual
Borrowings on line of credit facility	`ProceedsFromLinesOfCredit`	$3.79B	USD	Annual
Borrowings on line of credit facility	`ProceedsFromLinesOfCredit`	$1.28B	USD	Annual
Borrowings on line of credit facility	`ProceedsFromLinesOfCredit`	$2.57B	USD	Annual
Repayments on line of credit facility	`RepaymentsOfLinesOfCredit`	$1.24B	USD	Annual
Repayments on line of credit facility	`RepaymentsOfLinesOfCredit`	$3.61B	USD	Annual
Repayments on line of credit facility	`RepaymentsOfLinesOfCredit`	$2.56B	USD	Annual
Net borrowings of corporate related long-term debt	`ProceedsFromRepaymentsOfCorporateRelatedLongTermDebt`	$1.68B	USD	Annual
Net borrowings of corporate related long-term debt	`ProceedsFromRepaymentsOfCorporateRelatedLongTermDebt`	$1.63B	USD	Annual
Net borrowings of corporate related long-term debt	`ProceedsFromRepaymentsOfCorporateRelatedLongTermDebt`	$-201.50M	USD	Annual
Debt acquisition costs	`AmortizationOfDebtIssuanceCost`	$2.20M	USD	Annual
Debt acquisition costs	`AmortizationOfDebtIssuanceCost`	$-17.70M	USD	Annual
Debt acquisition costs	`AmortizationOfDebtIssuanceCost`	$-21.30M	USD	Annual
Settlements on terminated interest rate swaps	`PaymentsForProceedsFromSettlementsOfTerminatedInterestRateSwaps`	$-188.00M	USD	Annual
Settlements on terminated interest rate swaps	`PaymentsForProceedsFromSettlementsOfTerminatedInterestRateSwaps`	$31.90M	USD	Annual
Settlements on terminated interest rate swaps	`PaymentsForProceedsFromSettlementsOfTerminatedInterestRateSwaps`	$-52.70M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.87B	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$212.60M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.00B	USD	Annual
Effect of changes in foreign exchange rates on cash, cash equivalents, restricted cash and fiduciary cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-33.50M	USD	Annual
Effect of changes in foreign exchange rates on cash, cash equivalents, restricted cash and fiduciary cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-99.90M	USD	Annual
Effect of changes in foreign exchange rates on cash, cash equivalents, restricted cash and fiduciary cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-64.50M	USD	Annual
Net increase in cash, cash equivalents, restricted cash and fiduciary cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.58B	USD	Annual
Net increase in cash, cash equivalents, restricted cash and fiduciary cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$497.90M	USD	Annual
Net increase in cash, cash equivalents, restricted cash and fiduciary cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$892.00M	USD	Annual
Cash, cash equivalents, restricted cash and fiduciary cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.54B	USD	Point-in-time
Cash, cash equivalents, restricted cash and fiduciary cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.57B	USD	Point-in-time
Cash, cash equivalents, restricted cash and fiduciary cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.47B	USD	Point-in-time
Cash, cash equivalents, restricted cash and fiduciary cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.96B	USD	Point-in-time
Cash, cash equivalents, restricted cash and fiduciary cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.54B	USD	Point-in-time
Cash, cash equivalents, restricted cash and fiduciary cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.57B	USD	Point-in-time
Cash, cash equivalents, restricted cash and fiduciary cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.47B	USD	Point-in-time
Cash, cash equivalents, restricted cash and fiduciary cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.96B	USD	Point-in-time

Stockholders Equity 60 line items

Line Item	Tag	Value	Unit	Period
Tax effect on net change in pension asset/liability	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-3.00M	USD	Annual
Tax effect on net change in pension asset/liability	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$4.60M	USD	Annual
Tax effect on net change in pension asset/liability	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$3.00M	USD	Annual
Net change in fair value of derivative instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$26.80M	USD	Annual
Net change in fair value of derivative instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$7.40M	USD	Annual
Net change in fair value of derivative instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$39.30M	USD	Annual
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.56B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.82B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.19B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.23B	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesIssued`	211.90M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesIssued`	216.70M	shares	Point-in-time
Net earnings	`ProfitLoss`	$1.12B	USD	Annual
Net earnings	`ProfitLoss`	$966.00M	USD	Annual
Net earnings	`ProfitLoss`	$955.00M	USD	Annual
Net purchase of subsidiary shares from noncontrolling interests	`MinorityInterestIncreaseDecreaseFromRedemptions`	$-3.10M	USD	Annual
Net purchase of subsidiary shares from noncontrolling interests	`MinorityInterestIncreaseDecreaseFromRedemptions`	$-3.20M	USD	Annual
Net purchase of subsidiary shares from noncontrolling interests	`MinorityInterestIncreaseDecreaseFromRedemptions`	$-6.00M	USD	Annual
Dividends paid to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.00M	USD	Annual
Dividends paid to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.50M	USD	Annual
Dividends paid to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$38.30M	USD	Annual
Net change in pension asset/liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$12.30M	USD	Annual
Net change in pension asset/liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-12.30M	USD	Annual
Net change in pension asset/liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-19.00M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$258.80M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-121.00M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-512.00M	USD	Annual
Change in fair value of derivative instruments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$20.80M	USD	Annual
Change in fair value of derivative instruments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$78.20M	USD	Annual
Change in fair value of derivative instruments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$109.80M	USD	Annual
Compensation expense related to stock option plan grants	`StockGrantedDuringPeriodValueSharebasedCompensation`	$33.50M	USD	Annual
Compensation expense related to stock option plan grants	`StockGrantedDuringPeriodValueSharebasedCompensation`	$17.50M	USD	Annual
Compensation expense related to stock option plan grants	`StockGrantedDuringPeriodValueSharebasedCompensation`	$27.90M	USD	Annual
Common stock issued in: purchase transactions	`StockIssuedDuringPeriodValueAcquisitions`	$165.50M	USD	Annual
Common stock issued in: purchase transactions	`StockIssuedDuringPeriodValueAcquisitions`	$525.80M	USD	Annual
Common stock issued in: purchase transactions	`StockIssuedDuringPeriodValueAcquisitions`	$251.30M	USD	Annual
Stock option plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$67.60M	USD	Annual
Stock option plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$76.10M	USD	Annual
Stock option plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$65.20M	USD	Annual
Stock option plans (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.40M	shares	Annual
Stock option plans (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.30M	shares	Annual
Employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$41.20M	USD	Annual
Employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$55.00M	USD	Annual
Employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$47.60M	USD	Annual
Shares issued to benefit plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$84.60M	USD	Annual
Shares issued to benefit plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$71.40M	USD	Annual
Deferred compensation and restricted stock	`StockIssuedDuringPeriodValueDeferredCompensationAndRestrictedStockExpenseBenefit`	$28.60M	USD	Annual
Deferred compensation and restricted stock	`StockIssuedDuringPeriodValueDeferredCompensationAndRestrictedStockExpenseBenefit`	$-21.90M	USD	Annual
Deferred compensation and restricted stock	`StockIssuedDuringPeriodValueDeferredCompensationAndRestrictedStockExpenseBenefit`	$6.90M	USD	Annual
Stock issuance from public offering	`StockIssuedDuringPeriodValueNewIssues`	$1.44B	USD	Annual
Other compensation expense	`AdjustmentsToAdditionalPaidInCapitalOtherCompensationExpense`	$300.00K	USD	Annual
Cash dividends declared on common stock	`DividendsCommonStockCash`	$478.80M	USD	Annual
Cash dividends declared on common stock	`DividendsCommonStockCash`	$396.20M	USD	Annual
Cash dividends declared on common stock	`DividendsCommonStockCash`	$434.30M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.56B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$10.82B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.19B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.23B	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesIssued`	211.90M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesIssued`	216.70M	shares	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$1.12B	USD	Annual
Net earnings	`ProfitLoss`	$966.00M	USD	Annual
Net earnings	`ProfitLoss`	$955.00M	USD	Annual
Change in pension liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$12.30M	USD	Annual
Change in pension liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-12.30M	USD	Annual
Change in pension liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-19.00M	USD	Annual
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$257.80M	USD	Annual
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-511.80M	USD	Annual
Foreign currency translation, net of taxes	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-122.30M	USD	Annual
Change in fair value of derivative instruments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$20.80M	USD	Annual
Change in fair value of derivative instruments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$78.20M	USD	Annual
Change in fair value of derivative instruments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$109.80M	USD	Annual
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$701.70M	USD	Annual
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Annual
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$872.50M	USD	Annual
Comprehensive earnings (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.60M	USD	Annual
Comprehensive earnings (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$49.50M	USD	Annual
Comprehensive earnings (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-2.50M	USD	Annual
Comprehensive earnings attributable to controlling interests	`ComprehensiveIncomeNetOfTax`	$1.32B	USD	Annual
Comprehensive earnings attributable to controlling interests	`ComprehensiveIncomeNetOfTax`	$700.10M	USD	Annual
Comprehensive earnings attributable to controlling interests	`ComprehensiveIncomeNetOfTax`	$823.00M	USD	Annual

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