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: 2012 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2012 10-K (Filed: Feb 27, 2013) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2012 | Dec 31, 2011 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 2,301 | 2,113 |
| Receivables | ||
| Commissions and fees | 2,858 | 2,676 |
| Advanced premiums and claims | 62 | 86 |
| Other | 244 | 249 |
| Gross receivables | 3,164 | 3,011 |
| Less-allowance for doubtful accounts and cancellations | (106) | (105) |
| Net receivables | 3,058 | 2,906 |
| Current deferred tax assets | 410 | 376 |
| Other current assets | 194 | 253 |
| Total current assets | 5,963 | 5,648 |
| Goodwill and intangible assets | 7,261 | 6,963 |
| Fixed assets, net | 809 | 804 |
| Pension related assets | 260 | 39 |
| Deferred tax assets | 1,223 | 1,205 |
| Other assets | 772 | 795 |
| Total assets | 16,288 | 15,454 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Short-term debt | 260 | 260 |
| Accounts payable and accrued liabilities | 1,721 | 2,016 |
| Accrued compensation and employee benefits | 1,473 | 1,400 |
| Accrued income taxes | 110 | 63 |
| Total current liabilities | 3,564 | 3,739 |
| Fiduciary liabilities | 3,992 | 4,082 |
| Less cash and investments held in a fiduciary capacity | (3,992) | (4,082) |
| Net fiduciary assets | 0 | 0 |
| Long-term debt | 2,658 | 2,668 |
| Pension, postretirement and postemployment benefits | 2,094 | 1,655 |
| Liabilities for errors and omissions | 460 | 468 |
| Other liabilities | 906 | 984 |
| 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, 2012 and December 31, 2011 | 561 | 561 |
| Additional paid-in capital | 1,107 | 1,156 |
| Retained earnings | 8,628 | 7,949 |
| Accumulated other comprehensive loss | (3,307) | (3,188) |
| Non-controlling interests | 64 | 57 |
| Stockholders Equity Subtotal Before Treasury Stock | 7,053 | 6,535 |
| Less treasury shares, at cost, 15,133,774 shares at December 31, 2012 and 21,463,226 shares at December 31, 2011 | (447) | (595) |
| Total equity | 6,606 | 5,940 |
| Total liabilities and stockholders' equity | 16,288 | 15,454 |
| External Links | |
| MARSH & MCLENNAN COMPANIES, INC. (MMC) Fiscal Year 2012 | |
| 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 |