10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
MARSH & MCLENNAN COMPANIES, INC. | ||
Ticker: MMC Fiscal Year: 2011 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2011 10-K (Filed: Feb 28, 2012) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2011 | Dec 31, 2010 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 2,113 | 1,894 |
| Receivables | ||
| Commissions and fees | 2,676 | 2,544 |
| Advanced premiums and claims | 86 | 96 |
| Income tax receivable | 33 | 323 |
| Other | 216 | 186 |
| Gross receivables | 3,011 | 3,149 |
| Less-allowance for doubtful accounts and cancellations | (105) | (114) |
| Net receivables | 2,906 | 3,035 |
| Current deferred tax assets | 376 | 177 |
| Other current assets | 253 | 170 |
| Total current assets | 5,648 | 5,276 |
| Goodwill and intangible assets | 6,963 | 6,823 |
| Fixed assets, net | 804 | 822 |
| Pension related assets | 39 | 265 |
| Deferred tax assets | 1,205 | 1,205 |
| Other assets | 795 | 919 |
| Total assets | 15,454 | 15,310 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Short-term debt | 260 | 8 |
| Accounts payable and accrued liabilities | 2,016 | 1,741 |
| Accrued compensation and employee benefits | 1,400 | 1,294 |
| Accrued income taxes | 63 | 62 |
| Total current liabilities | 3,739 | 3,105 |
| Fiduciary liabilities | 4,082 | 3,824 |
| Less - cash and investments held in a fiduciary capacity | (4,082) | (3,824) |
| Long-term debt | 2,668 | 3,026 |
| Pension, postretirement and postemployment benefits | 1,655 | 1,211 |
| Liabilities for errors and omissions | 468 | 430 |
| Other liabilities | 984 | 1,123 |
| Commitments and contingencies | 0 | 0 |
| Equity: | ||
| Preferred stock, $1 par value, authorized 6,000,000 shares, none issued | 0 | 0 |
| Common stock, $1 par value, authorized 1,600,000,000 shares, issued 560,641,640 shares at December 31, 2011 and December 31, 2010 | 561 | 561 |
| Additional paid-in capital | 1,156 | 1,185 |
| Retained earnings | 7,949 | 7,436 |
| Accumulated other comprehensive loss | (3,188) | (2,300) |
| Non-controlling interests | 57 | 47 |
| Stockholders Equity Subtotal Before Treasury Stock | 6,535 | 6,929 |
| Less treasury shares, at cost, 21,543,833 shares at December 31, 2011 and 20,132,120 shares at December 31, 2010 | (595) | (514) |
| Total equity | 5,940 | 6,415 |
| Total liabilities and stockholders' equity | 15,454 | 15,310 |
| External Links | |
| MARSH & MCLENNAN COMPANIES, INC. (MMC) Fiscal Year 2011 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |