10-K Filing

ARTHUR J. GALLAGHER & CO. CIK: 354190 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001564590-22-005714`
Period End Date	20211231
Filing Date	20220218
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	ajg-10k_20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 61 Cash Flow Statement 118 Stockholders Equity 59 Comprehensive Income 21

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Common stock - authorized shares	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$664.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$402.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$604.80M	USD	Point-in-time
Common stock - authorized shares	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$2.91B	USD	Point-in-time
Common stock - issued shares	`CommonStockSharesIssued`	208.50M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$4.06B	USD	Point-in-time
Common stock - issued shares	`CommonStockSharesIssued`	193.70M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$2.02B	USD	Point-in-time
Premiums and fees receivable	`PremiumsAndOtherReceivablesNet`	$6.44B	USD	Point-in-time
Premiums and fees receivable	`PremiumsAndOtherReceivablesNet`	$11.75B	USD	Point-in-time
Common stock - outstanding shares	`CommonStockSharesOutstanding`	208.50M	shares	Point-in-time
Common stock - outstanding shares	`CommonStockSharesOutstanding`	193.70M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.11B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$1.45B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$11.12B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$17.67B	USD	Point-in-time
Fixed assets - net	`PropertyPlantAndEquipmentNet`	$500.80M	USD	Point-in-time
Fixed assets - net	`PropertyPlantAndEquipmentNet`	$450.70M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$1.09B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$1.23B	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$966.50M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$769.90M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$373.90M	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$358.60M	USD	Point-in-time
Goodwill - net	`Goodwill`	$5.62B	USD	Point-in-time
Goodwill - net	`Goodwill`	$6.13B	USD	Point-in-time
Goodwill - net	`Goodwill`	$8.67B	USD	Point-in-time
Amortizable intangible assets - net	`FiniteLivedIntangibleAssetsNet`	$2.40B	USD	Point-in-time
Amortizable intangible assets - net	`FiniteLivedIntangibleAssetsNet`	$3.95B	USD	Point-in-time
Total assets	`Assets`	$19.63B	USD	Point-in-time
Total assets	`Assets`	$33.34B	USD	Point-in-time
Total assets	`Assets`	$22.33B	USD	Point-in-time
Premiums payable to underwriting enterprises	`PremiumsPayableToUnderwritingEnterprises`	$7.78B	USD	Point-in-time
Premiums payable to underwriting enterprises	`PremiumsPayableToUnderwritingEnterprises`	$13.85B	USD	Point-in-time
Accrued compensation and other accrued liabilities	`AccruedCompensationAndOtherAccruedLiabilities`	$1.90B	USD	Point-in-time
Accrued compensation and other accrued liabilities	`AccruedCompensationAndOtherAccruedLiabilities`	$1.60B	USD	Point-in-time
Deferred revenue - current	`DeferredRevenueCurrent`	$475.60M	USD	Point-in-time
Deferred revenue - current	`DeferredRevenueCurrent`	$520.90M	USD	Point-in-time
Premium financing borrowings	`PremiumFinancingBorrowings`	$203.60M	USD	Point-in-time
Premium financing borrowings	`PremiumFinancingBorrowings`	$228.40M	USD	Point-in-time
Corporate related borrowings - current	`ShortTermBorrowings`	$245.00M	USD	Point-in-time
Corporate related borrowings - current	`ShortTermBorrowings`	$75.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$16.73B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$10.13B	USD	Point-in-time
Corporate related borrowings - noncurrent	`LongTermDebtNoncurrent`	$4.27B	USD	Point-in-time
Corporate related borrowings - noncurrent	`LongTermDebtNoncurrent`	$5.81B	USD	Point-in-time
Deferred revenue - noncurrent	`DeferredRevenueNoncurrent`	$65.70M	USD	Point-in-time
Deferred revenue - noncurrent	`DeferredRevenueNoncurrent`	$58.70M	USD	Point-in-time
Lease liabilities - noncurrent	`OperatingLeaseLiabilityNoncurrent`	$320.90M	USD	Point-in-time
Lease liabilities - noncurrent	`OperatingLeaseLiabilityNoncurrent`	$309.30M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.31B	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.87B	USD	Point-in-time
Total liabilities	`Liabilities`	$24.78B	USD	Point-in-time
Total liabilities	`Liabilities`	$16.10B	USD	Point-in-time
Common stock - authorized 400.0 shares; issued and outstanding 208.5 shares in 2021 and 193.7 shares in 2020	`CommonStockValue`	$193.70M	USD	Point-in-time
Common stock - authorized 400.0 shares; issued and outstanding 208.5 shares in 2021 and 193.7 shares in 2020	`CommonStockValue`	$208.50M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$6.14B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$4.26B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.88B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.37B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-726.10M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-643.60M	USD	Point-in-time
Stockholders' equity attributable to controlling interests	`StockholdersEquity`	$6.19B	USD	Point-in-time
Stockholders' equity attributable to controlling interests	`StockholdersEquity`	$8.51B	USD	Point-in-time
Stockholders' equity attributable to noncontrolling interests	`MinorityInterest`	$46.50M	USD	Point-in-time
Stockholders' equity attributable to noncontrolling interests	`MinorityInterest`	$51.70M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.56B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.57B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.23B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.22B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$22.33B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$33.34B	USD	Point-in-time

Income Statement 61 line items

Line Item	Tag	Value	Unit	Period
Revenues before reimbursements	`RevenueFromContractWithCustomerBeforeReimbursementsExcludingAssessedTax`	$6.85B	USD	Annual
Revenues before reimbursements	`RevenueFromContractWithCustomerBeforeReimbursementsExcludingAssessedTax`	$7.06B	USD	Annual
Revenues before reimbursements	`RevenueFromContractWithCustomerBeforeReimbursementsExcludingAssessedTax`	$8.08B	USD	Annual
Reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTaxReimbursements`	$133.00M	USD	Annual
Reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTaxReimbursements`	$138.60M	USD	Annual
Reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTaxReimbursements`	$151.70M	USD	Annual
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.00B	USD	Annual
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.20B	USD	Annual
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$8.21B	USD	Annual
Compensation	`LaborAndRelatedExpense`	$3.93B	USD	Annual
Compensation	`LaborAndRelatedExpense`	$3.34B	USD	Annual
Compensation	`LaborAndRelatedExpense`	$3.47B	USD	Annual
Operating	`OperatingExpenses`	$1.07B	USD	Annual
Operating	`OperatingExpenses`	$1.07B	USD	Annual
Operating	`OperatingExpenses`	$906.50M	USD	Annual
Reimbursements	`CostReimbursements`	$151.70M	USD	Annual
Reimbursements	`CostReimbursements`	$133.00M	USD	Annual
Reimbursements	`CostReimbursements`	$138.60M	USD	Annual
Cost of revenues from clean coal activities	`CostOfGoodsAndServicesSold`	$1.17B	USD	Annual
Cost of revenues from clean coal activities	`CostOfGoodsAndServicesSold`	$882.10M	USD	Annual
Cost of revenues from clean coal activities	`CostOfGoodsAndServicesSold`	$1.35B	USD	Annual
Interest	`InterestExpense`	$226.10M	USD	Annual
Interest	`InterestExpense`	$196.40M	USD	Annual
Interest	`InterestExpense`	$179.80M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-16.20M	USD	Annual
Depreciation	`Depreciation`	$151.20M	USD	Annual
Depreciation	`Depreciation`	$145.10M	USD	Annual
Depreciation	`Depreciation`	$140.40M	USD	Annual
Amortization	`AdjustmentForAmortization`	$415.10M	USD	Annual
Amortization	`AdjustmentForAmortization`	$334.00M	USD	Annual
Amortization	`AdjustmentForAmortization`	$417.30M	USD	Annual
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$15.30M	USD	Annual
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$119.60M	USD	Annual
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$-32.90M	USD	Annual
Total expenses	`CostsAndExpenses`	$6.13B	USD	Annual
Total expenses	`CostsAndExpenses`	$6.57B	USD	Annual
Total expenses	`CostsAndExpenses`	$7.23B	USD	Annual
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$870.90M	USD	Annual
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$626.10M	USD	Annual
Earnings before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$975.10M	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$12.80M	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-89.70M	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$20.10M	USD	Annual
Net earnings	`ProfitLoss`	$955.00M	USD	Annual
Net earnings	`ProfitLoss`	$858.10M	USD	Annual
Net earnings	`ProfitLoss`	$715.80M	USD	Annual
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$47.00M	USD	Annual
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$48.20M	USD	Annual
Net earnings attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$39.30M	USD	Annual
Net earnings attributable to controlling interests	`NetIncomeLoss`	$668.80M	USD	Annual
Net earnings attributable to controlling interests	`NetIncomeLoss`	$818.80M	USD	Annual
Net earnings attributable to controlling interests	`NetIncomeLoss`	$906.80M	USD	Annual
Basic net earnings per share	`EarningsPerShareBasic`	$4.47	USD	Annual
Basic net earnings per share	`EarningsPerShareBasic`	$4.29	USD	Annual
Basic net earnings per share	`EarningsPerShareBasic`	$3.60	USD	Annual
Diluted net earnings per share	`EarningsPerShareDiluted`	$4.20	USD	Annual
Diluted net earnings per share	`EarningsPerShareDiluted`	$4.37	USD	Annual
Diluted net earnings per share	`EarningsPerShareDiluted`	$3.52	USD	Annual
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$1.72	USD	Annual
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$1.92	USD	Annual
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$1.80	USD	Annual

Cash Flow Statement 118 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$955.00M	USD	Annual
Net earnings	`ProfitLoss`	$858.10M	USD	Annual
Net earnings	`ProfitLoss`	$715.80M	USD	Annual
Net (gain) loss on investments and other	`GainLossOnInvestments`	$17.00M	USD	Annual
Net (gain) loss on investments and other	`GainLossOnInvestments`	$72.00M	USD	Annual
Net (gain) loss on investments and other	`GainLossOnInvestments`	$-6.30M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtRelatedToOperatingActivities`	$-9.70M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$562.40M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$566.30M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$474.40M	USD	Annual
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$15.30M	USD	Annual
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$119.60M	USD	Annual
Change in estimated acquisition earnout payables	`ChangeInEstimatedAcquisitionEarnoutPayables`	$-32.90M	USD	Annual
Amortization of deferred compensation and restricted stock	`AmortizationOfDeferredCompensationAndRestrictedStock`	$68.90M	USD	Annual
Amortization of deferred compensation and restricted stock	`AmortizationOfDeferredCompensationAndRestrictedStock`	$60.90M	USD	Annual
Amortization of deferred compensation and restricted stock	`AmortizationOfDeferredCompensationAndRestrictedStock`	$47.20M	USD	Annual
Stock-based and other noncash compensation expense	`ShareBasedCompensation`	$13.60M	USD	Annual
Stock-based and other noncash compensation expense	`ShareBasedCompensation`	$13.40M	USD	Annual
Stock-based and other noncash compensation expense	`ShareBasedCompensation`	$14.00M	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`	$-16.60M	USD	Annual
Payments on acquisition earnouts in excess of original estimates	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-14.50M	USD	Annual
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-171.20M	USD	Annual
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-184.00M	USD	Annual
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-162.00M	USD	Annual
Effect of changes in foreign exchange rate	`ForeignCurrencyTransactionGainLossUnrealized`	$-2.30M	USD	Annual
Effect of changes in foreign exchange rate	`ForeignCurrencyTransactionGainLossUnrealized`	$-6.70M	USD	Annual
Effect of changes in foreign exchange rate	`ForeignCurrencyTransactionGainLossUnrealized`	$-2.90M	USD	Annual
Net change in premium and fees receivable	`IncreaseDecreaseInPremiumsAndFeeReceivable`	$434.70M	USD	Annual
Net change in premium and fees receivable	`IncreaseDecreaseInPremiumsAndFeeReceivable`	$-132.90M	USD	Annual
Net change in premium and fees receivable	`IncreaseDecreaseInPremiumsAndFeeReceivable`	$796.50M	USD	Annual
Net change in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$12.80M	USD	Annual
Net change in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$18.50M	USD	Annual
Net change in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$23.10M	USD	Annual
Net change in premiums payable to underwriting enterprises	`IncreaseDecreaseInReinsurancePayables`	$461.60M	USD	Annual
Net change in premiums payable to underwriting enterprises	`IncreaseDecreaseInReinsurancePayables`	$1.15B	USD	Annual
Net change in premiums payable to underwriting enterprises	`IncreaseDecreaseInReinsurancePayables`	$35.50M	USD	Annual
Net change in other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$136.80M	USD	Annual
Net change in other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$-11.40M	USD	Annual
Net change in other current assets	`IncreaseDecreaseInOtherOperatingAssets`	$22.50M	USD	Annual
Net change in accrued compensation and other accrued liabilities	`NetChangeInAccruedCompensationAndOtherAccruedLiabilities`	$-222.30M	USD	Annual
Net change in accrued compensation and other accrued liabilities	`NetChangeInAccruedCompensationAndOtherAccruedLiabilities`	$-91.80M	USD	Annual
Net change in accrued compensation and other accrued liabilities	`NetChangeInAccruedCompensationAndOtherAccruedLiabilities`	$-77.00M	USD	Annual
Net change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$51.80M	USD	Annual
Net change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$35.50M	USD	Annual
Net change in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-123.80M	USD	Annual
Net change in other noncurrent assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-13.90M	USD	Annual
Net change in other noncurrent assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-46.30M	USD	Annual
Net change in other noncurrent assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-15.00M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.81B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.70B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.19B	USD	Annual
Capital expenditures	`PaymentsForCapitalImprovements`	$99.30M	USD	Annual
Capital expenditures	`PaymentsForCapitalImprovements`	$128.60M	USD	Annual
Capital expenditures	`PaymentsForCapitalImprovements`	$138.80M	USD	Annual
Cash paid for acquisitions, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAndRestrictedCashAcquired`	$3.25B	USD	Annual
Cash paid for acquisitions, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAndRestrictedCashAcquired`	$324.30M	USD	Annual
Cash paid for acquisitions, net of cash and restricted cash acquired	`PaymentsToAcquireBusinessesNetOfCashAndRestrictedCashAcquired`	$1.27B	USD	Annual
Net proceeds from sales of operations/books of business	`NetProceedsFromSalesOfOperations`	$81.00M	USD	Annual
Net proceeds from sales of operations/books of business	`NetProceedsFromSalesOfOperations`	$8.20M	USD	Annual
Net proceeds from sales of operations/books of business	`NetProceedsFromSalesOfOperations`	$15.70M	USD	Annual
Net funding of investment transactions	`PaymentsForProceedsFromInvestments`	$52.00M	USD	Annual
Net funding of investment transactions	`PaymentsForProceedsFromInvestments`	$1.10M	USD	Annual
Net funding of investment transactions	`PaymentsForProceedsFromInvestments`	$1.40M	USD	Annual
Net funding of premium finance loans	`PaymentsForProceedsFromLoansReceivable`	$71.90M	USD	Annual
Net funding of premium finance loans	`PaymentsForProceedsFromLoansReceivable`	$66.80M	USD	Annual
Net funding of premium finance loans	`PaymentsForProceedsFromLoansReceivable`	$54.60M	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-471.40M	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.43B	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.45B	USD	Annual
Payments on acquisition earnouts	`EarnoutPaymentsForAcquisitions`	$46.30M	USD	Annual
Payments on acquisition earnouts	`EarnoutPaymentsForAcquisitions`	$137.30M	USD	Annual
Payments on acquisition earnouts	`EarnoutPaymentsForAcquisitions`	$38.80M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$111.90M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$101.20M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.44B	USD	Point-in-time
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.55B	USD	Annual
Payments to noncontrolling interests	`PaymentsToMinorityShareholders`	$39.10M	USD	Annual
Payments to noncontrolling interests	`PaymentsToMinorityShareholders`	$75.40M	USD	Annual
Payments to noncontrolling interests	`PaymentsToMinorityShareholders`	$84.40M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$392.00M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$321.10M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$347.40M	USD	Annual
Net borrowings on premium financing debt facility	`NetBorrowingsPaymentsOnPremiumFinancingDebtFacility`	$-16.00M	USD	Annual
Net borrowings on premium financing debt facility	`NetBorrowingsPaymentsOnPremiumFinancingDebtFacility`	$-37.00M	USD	Annual
Net borrowings on premium financing debt facility	`NetBorrowingsPaymentsOnPremiumFinancingDebtFacility`	$-19.20M	USD	Annual
Borrowings on line of credit facility	`ProceedsFromLinesOfCredit`	$1.28B	USD	Annual
Borrowings on line of credit facility	`ProceedsFromLinesOfCredit`	$4.32B	USD	Annual
Borrowings on line of credit facility	`ProceedsFromLinesOfCredit`	$2.63B	USD	Annual
Repayments on line of credit facility	`RepaymentsOfLinesOfCredit`	$1.24B	USD	Annual
Repayments on line of credit facility	`RepaymentsOfLinesOfCredit`	$3.15B	USD	Annual
Repayments on line of credit facility	`RepaymentsOfLinesOfCredit`	$4.06B	USD	Annual
Net borrowings of corporate related long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.68B	USD	Annual
Net borrowings of corporate related long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$424.90M	USD	Annual
Net borrowings of corporate related long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$725.00M	USD	Annual
Debt acquisition costs	`PaymentsOfDebtIssuanceCosts`	$1.30M	USD	Annual
Debt acquisition costs	`PaymentsOfDebtIssuanceCosts`	$3.90M	USD	Annual
Debt acquisition costs	`PaymentsOfDebtIssuanceCosts`	$21.30M	USD	Annual
Settlements on terminated interest rate swaps	`PaymentsForProceedsFromSettlementsOfTerminatedInterestRateSwaps`	$66.00M	USD	Annual
Settlements on terminated interest rate swaps	`PaymentsForProceedsFromSettlementsOfTerminatedInterestRateSwaps`	$31.90M	USD	Annual
Settlements on terminated interest rate swaps	`PaymentsForProceedsFromSettlementsOfTerminatedInterestRateSwaps`	$15.30M	USD	Annual
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.68B	USD	Annual
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-505.10M	USD	Annual
Net cash provided (used) by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$638.40M	USD	Annual
Effect of changes in foreign exchange rates on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$119.80M	USD	Annual
Effect of changes in foreign exchange rates on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-64.50M	USD	Annual
Effect of changes in foreign exchange rates on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.10M	USD	Annual
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$387.10M	USD	Annual
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$892.00M	USD	Annual
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$950.40M	USD	Annual
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.24B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.47B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.57B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.62B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.24B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.47B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$3.57B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$2.62B	USD	Point-in-time

Stockholders Equity 59 line items

Line Item	Tag	Value	Unit	Period
Tax effect on net change in pension asset/liability	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$1.10M	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`	$100.00K	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`	$-22.40M	USD	Annual
Net change in fair value of derivative instruments, tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax`	$-8.90M	USD	Annual
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.56B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.57B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.23B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.22B	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesIssued`	208.50M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesIssued`	193.70M	shares	Point-in-time
Net earnings	`ProfitLoss`	$955.00M	USD	Annual
Net earnings	`ProfitLoss`	$858.10M	USD	Annual
Net earnings	`ProfitLoss`	$715.80M	USD	Annual
Net purchase of subsidiary shares from noncontrolling interests	`MinorityInterestIncreaseDecreaseFromRedemptions`	$-6.00M	USD	Annual
Net purchase of subsidiary shares from noncontrolling interests	`MinorityInterestIncreaseDecreaseFromRedemptions`	$-15.10M	USD	Annual
Net purchase of subsidiary shares from noncontrolling interests	`MinorityInterestIncreaseDecreaseFromRedemptions`	$-6.40M	USD	Annual
Dividends paid to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$43.00M	USD	Annual
Dividends paid to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$46.80M	USD	Annual
Dividends paid to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$38.30M	USD	Annual
Net change in pension asset/liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-4.70M	USD	Annual
Net change in pension asset/liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-19.00M	USD	Annual
Net change in pension asset/liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-400.00K	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$44.50M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$184.10M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-121.00M	USD	Annual
Change in fair value of derivative instruments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-22.70M	USD	Annual
Change in fair value of derivative instruments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-68.10M	USD	Annual
Change in fair value of derivative instruments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$20.80M	USD	Annual
Compensation expense related to stock option plan grants	`StockGrantedDuringPeriodValueSharebasedCompensation`	$17.50M	USD	Annual
Compensation expense related to stock option plan grants	`StockGrantedDuringPeriodValueSharebasedCompensation`	$13.60M	USD	Annual
Compensation expense related to stock option plan grants	`StockGrantedDuringPeriodValueSharebasedCompensation`	$14.00M	USD	Annual
Common stock issued in: purchase transactions	`StockIssuedDuringPeriodValueAcquisitions`	$309.10M	USD	Annual
Common stock issued in: purchase transactions	`StockIssuedDuringPeriodValueAcquisitions`	$251.30M	USD	Annual
Common stock issued in: purchase transactions	`StockIssuedDuringPeriodValueAcquisitions`	$168.00M	USD	Annual
Stock option plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$67.60M	USD	Annual
Stock option plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$77.70M	USD	Annual
Stock option plans	`StockIssuedDuringPeriodValueStockOptionsExercised`	$73.70M	USD	Annual
Stock option plans (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.80M	shares	Annual
Stock option plans (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	1.40M	shares	Annual
Employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$34.20M	USD	Annual
Employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$41.20M	USD	Annual
Employee stock purchase plan	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$27.50M	USD	Annual
Shares issued to benefit plans	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	$71.40M	USD	Annual
Stock issuance from public offering	`StockIssuedDuringPeriodValueNewIssues`	$1.44B	USD	Annual
Other compensation expense	`AdjustmentsToAdditionalPaidInCapitalOtherCompensationExpense`	$-300.00K	USD	Annual
Deferred compensation and restricted stock	`StockIssuedDuringPeriodValueDeferredCompensationAndRestrictedStockExpenseBenefit`	$4.70M	USD	Annual
Deferred compensation and restricted stock	`StockIssuedDuringPeriodValueDeferredCompensationAndRestrictedStockExpenseBenefit`	$9.70M	USD	Annual
Deferred compensation and restricted stock	`StockIssuedDuringPeriodValueDeferredCompensationAndRestrictedStockExpenseBenefit`	$6.90M	USD	Annual
Cash dividends declared on common stock	`DividendsCommonStockCash`	$323.90M	USD	Annual
Cash dividends declared on common stock	`DividendsCommonStockCash`	$396.20M	USD	Annual
Cash dividends declared on common stock	`DividendsCommonStockCash`	$348.40M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.56B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.57B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.23B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.22B	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesIssued`	208.50M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesIssued`	193.70M	shares	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$955.00M	USD	Annual
Net earnings	`ProfitLoss`	$858.10M	USD	Annual
Net earnings	`ProfitLoss`	$715.80M	USD	Annual
Change in pension liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-4.70M	USD	Annual
Change in pension liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-19.00M	USD	Annual
Change in pension liability, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-400.00K	USD	Annual
Foreign currency translation, net of taxes in 2021 and 2020	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$44.20M	USD	Annual
Foreign currency translation, net of taxes in 2021 and 2020	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$-122.30M	USD	Annual
Foreign currency translation, net of taxes in 2021 and 2020	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax`	$183.70M	USD	Annual
Change in fair value of derivative instruments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-22.70M	USD	Annual
Change in fair value of derivative instruments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-68.10M	USD	Annual
Change in fair value of derivative instruments, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$20.80M	USD	Annual
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$872.50M	USD	Annual
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$742.00M	USD	Annual
Comprehensive earnings	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$974.10M	USD	Annual
Comprehensive earnings attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$49.50M	USD	Annual
Comprehensive earnings attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$47.30M	USD	Annual
Comprehensive earnings attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$39.70M	USD	Annual
Comprehensive earnings attributable to controlling interests	`ComprehensiveIncomeNetOfTax`	$934.40M	USD	Annual
Comprehensive earnings attributable to controlling interests	`ComprehensiveIncomeNetOfTax`	$694.70M	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.