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: 2013 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2013 10-K (Filed: Feb 27, 2014) | ||
(In Millions, except shares in actual) | ||
As of | As of | |
Dec 31, 2013 | Dec 31, 2012 | |
ASSETS | ||
Current assets: | ||
Cash and cash equivalents | $ 2,303 | 2,301 |
Receivables | ||
Commissions and fees | 3,065 | 2,858 |
Advanced premiums and claims | 61 | 62 |
Other | 282 | 244 |
Gross receivables | 3,408 | 3,164 |
Less-allowance for doubtful accounts and cancellations | (98) | (106) |
Net receivables | 3,310 | 3,058 |
Current deferred tax assets | 482 | 410 |
Other current assets | 205 | 194 |
Total current assets | 6,300 | 5,963 |
Goodwill and intangible assets | 7,365 | 7,261 |
Fixed assets, net | 828 | 809 |
Pension related assets | 979 | 260 |
Deferred tax assets | 626 | 1,223 |
Other assets | 882 | 772 |
Total assets | 16,980 | 16,288 |
LIABILITIES AND EQUITY | ||
Current liabilities: | ||
Short-term debt | 334 | 260 |
Accounts payable and accrued liabilities | 1,861 | 1,721 |
Accrued compensation and employee benefits | 1,466 | 1,473 |
Accrued income taxes | 148 | 110 |
Total current liabilities | 3,809 | 3,564 |
Fiduciary liabilities | 4,234 | 3,992 |
Less cash and investments held in a fiduciary capacity | (4,234) | (3,992) |
Fiduciary liabilities, net, noncurrent | 0 | 0 |
Long-term debt | 2,621 | 2,658 |
Pension, postretirement and postemployment benefits | 1,150 | 2,094 |
Liabilities for errors and omissions | 373 | 460 |
Other liabilities | 1,052 | 906 |
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, 2013 and December 31, 2012 | 561 | 561 |
Additional paid-in capital | 1,028 | 1,107 |
Retained earnings | 9,452 | 8,628 |
Accumulated other comprehensive loss | (2,621) | (3,307) |
Non-controlling interests | 70 | 64 |
Stockholders Equity Subtotal Before Treasury Stock | 8,490 | 7,053 |
Less treasury shares, at cost, 13,882,204 shares at December 31, 2013 and 15,133,774 shares at December 31, 2012 | (515) | (447) |
Total equity | 7,975 | 6,606 |
Total liabilities and stockholders' equity | 16,980 | 16,288 |
External Links | |
MARSH & MCLENNAN COMPANIES, INC. (MMC) Fiscal Year 2013 | |
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 |