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: 2016 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2016 10-K (Filed: Feb 24, 2017) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2016 | Dec 31, 2015 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 1,026 | 1,374 |
| Receivables | ||
| Commissions and fees | 3,370 | 3,198 |
| Advanced premiums and claims | 83 | 51 |
| Other | 286 | 309 |
| Gross receivables | 3,739 | 3,558 |
| Less-allowance for doubtful accounts and cancellations | (96) | (87) |
| Net receivables | 3,643 | 3,471 |
| Other current assets | 215 | 199 |
| Total current assets | 4,884 | 5,044 |
| Goodwill | 8,369 | 7,889 |
| Other intangible assets | 1,126 | 1,036 |
| Fixed assets, net | 725 | 773 |
| Pension related assets | 776 | 1,159 |
| Deferred tax assets | 1,097 | 1,138 |
| Other assets | 1,213 | 1,177 |
| Total assets | 18,190 | 18,216 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Short-term debt | 312 | 12 |
| Accounts payable and accrued liabilities | 1,969 | 1,886 |
| Accrued compensation and employee benefits | 1,655 | 1,656 |
| Accrued income taxes | 146 | 154 |
| Total current liabilities | 4,082 | 3,708 |
| Fiduciary liabilities | 4,241 | 4,146 |
| Less cash and investments held in a fiduciary capacity | (4,241) | (4,146) |
| Fiduciary liabilities, net, noncurrent | 0 | 0 |
| Long-term debt | 4,495 | 4,402 |
| Pension, postretirement and postemployment benefits | 2,076 | 2,058 |
| Liability for errors and omissions | 308 | 318 |
| Other liabilities | 957 | 1,128 |
| 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, 2016 and December 31, 2015 | 561 | 561 |
| Additional paid-in capital | 842 | 861 |
| Retained earnings | 12,388 | 11,302 |
| Accumulated other comprehensive loss | (5,093) | (4,220) |
| Non-controlling interests | 80 | 89 |
| Stockholders Equity Subtotal Before Treasury Stock | 8,778 | 8,593 |
| Less treasury shares, at cost, 46,150,415 shares at December 31, 2016 and 38,743,686 shares at December 31, 2015 | (2,506) | (1,991) |
| Total equity | 6,272 | 6,602 |
| Total liabilities and stockholders' equity | 18,190 | 18,216 |
| External Links | |
| MARSH & MCLENNAN COMPANIES, INC. (MMC) Fiscal Year 2016 | |
| 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 |