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: 2014 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2014 10-K (Filed: Feb 26, 2015) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2014 | Dec 31, 2013 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 1,958 | 2,303 |
| Receivables | ||
| Commissions and fees | 3,142 | 3,065 |
| Advanced premiums and claims | 50 | 61 |
| Other | 280 | 282 |
| Gross receivables | 3,472 | 3,408 |
| Less-allowance for doubtful accounts and cancellations | (95) | (98) |
| Net receivables | 3,377 | 3,310 |
| Current deferred tax assets | 521 | 482 |
| Other current assets | 199 | 205 |
| Total current assets | 6,055 | 6,300 |
| Goodwill and intangible assets | 7,933 | 7,365 |
| Fixed assets, net | 809 | 828 |
| Pension related assets | 967 | 979 |
| Deferred tax assets | 876 | 626 |
| Other assets | 1,200 | 882 |
| Total assets | 17,840 | 16,980 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Short-term debt | 11 | 334 |
| Accounts payable and accrued liabilities | 1,883 | 1,861 |
| Accrued compensation and employee benefits | 1,633 | 1,466 |
| Accrued income taxes | 178 | 148 |
| Total current liabilities | 3,705 | 3,809 |
| Fiduciary liabilities | 4,552 | 4,234 |
| Less cash and investments held in a fiduciary capacity | (4,552) | (4,234) |
| Fiduciary liabilities, net, noncurrent | 0 | 0 |
| Long-term debt | 3,376 | 2,621 |
| Pension, postretirement and postemployment benefits | 2,244 | 1,150 |
| Liabilities for errors and omissions | 341 | 373 |
| Other liabilities | 1,041 | 1,052 |
| Commitments and contingencies | 0 | 0 |
| Equity: | ||
| Preferred stock, $1 par value, authorized 6,000,000 shares, none issued | 0 | 0 |
| 1,600,000,000 shares, issued 560,641,640 shares at December 31, 2014 and December 31, 2013 | 561 | 561 |
| Additional paid-in capital | 930 | 1,028 |
| Retained earnings | 10,335 | 9,452 |
| Accumulated other comprehensive loss | (3,847) | (2,621) |
| Non-controlling interests | 79 | 70 |
| Stockholders Equity Subtotal Before Treasury Stock | 8,058 | 8,490 |
| Less treasury shares, at cost, 20,499,596 shares at December 31, 2014 and 13,882,204 shares at December 31, 2013 | (925) | (515) |
| Total equity | 7,133 | 7,975 |
| Total liabilities and stockholders' equity | 17,840 | 16,980 |
| External Links | |
| MARSH & MCLENNAN COMPANIES, INC. (MMC) Fiscal Year 2014 | |
| 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 |