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: 2017 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2017 10-K (Filed: Feb 22, 2018) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2017 | Dec 31, 2016 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 1,205 | 1,026 |
| Receivables | ||
| Commissions and fees | 3,777 | 3,370 |
| Advanced premiums and claims | 65 | 83 |
| Other | 401 | 286 |
| Gross receivables | 4,243 | 3,739 |
| Less-allowance for doubtful accounts and cancellations | (110) | (96) |
| Net receivables | 4,133 | 3,643 |
| Other current assets | 224 | 215 |
| Total current assets | 5,562 | 4,884 |
| Goodwill | 9,089 | 8,369 |
| Other intangible assets | 1,274 | 1,126 |
| Fixed assets, net | 712 | 725 |
| Pension related assets | 1,693 | 776 |
| Deferred tax assets | 669 | 1,097 |
| Other assets | 1,430 | 1,213 |
| Total assets | 20,429 | 18,190 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Short-term debt | 262 | 312 |
| Accounts payable and accrued liabilities | 2,083 | 1,969 |
| Accrued compensation and employee benefits | 1,718 | 1,655 |
| Accrued income taxes | 199 | 146 |
| Total current liabilities | 4,262 | 4,082 |
| Fiduciary liabilities | 4,847 | 4,241 |
| Less cash and investments held in a fiduciary capacity | (4,847) | (4,241) |
| Fiduciary liabilities, net, noncurrent | 0 | 0 |
| Long-term debt | 5,225 | 4,495 |
| Pension, postretirement and postemployment benefits | 1,888 | 2,076 |
| Liability for errors and omissions | 301 | 308 |
| Other liabilities | 1,311 | 957 |
| 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, 2017 and December 31, 2016 | 561 | 561 |
| Additional paid-in capital | 784 | 842 |
| Retained earnings | 13,140 | 12,388 |
| Accumulated other comprehensive loss | (4,043) | (5,093) |
| Non-controlling interests | 83 | 80 |
| Stockholders Equity Subtotal Before Treasury Stock | 10,525 | 8,778 |
| Less treasury shares, at cost, 51,930,135 shares at December 31, 2017 and 46,150,415 shares at December 31, 2016 | (3,083) | (2,506) |
| Total equity | 7,442 | 6,272 |
| Total liabilities and stockholders' equity | 20,429 | 18,190 |
| External Links | |
| MARSH & MCLENNAN COMPANIES, INC. (MMC) Fiscal Year 2017 | |
| 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 |