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: 2018 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2018 10-K (Filed: Feb 21, 2019) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2018 | Dec 31, 2017 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 1,066 | 1,205 |
| Receivables | ||
| Commissions and fees | 3,984 | 3,777 |
| Advanced premiums and claims | 79 | 65 |
| Other | 366 | 401 |
| Gross receivables | 4,429 | 4,243 |
| Less-allowance for doubtful accounts and cancellations | (112) | (110) |
| Net receivables | 4,317 | 4,133 |
| Other current assets | 551 | 224 |
| Total current assets | 5,934 | 5,562 |
| Goodwill | 9,599 | 9,089 |
| Other intangible assets | 1,437 | 1,274 |
| Fixed assets, net | 701 | 712 |
| Pension related assets | 1,688 | 1,693 |
| Deferred tax assets | 680 | 669 |
| Other assets | 1,539 | 1,430 |
| Total assets | 21,578 | 20,429 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Short-term debt | 314 | 262 |
| Accounts payable and accrued liabilities | 2,234 | 2,083 |
| Accrued compensation and employee benefits | 1,778 | 1,718 |
| Acquisition related derivatives | 441 | 0 |
| Accrued income taxes | 157 | 199 |
| Total current liabilities | 4,924 | 4,262 |
| Fiduciary liabilities | 5,001 | 4,847 |
| Less cash and investments held in a fiduciary capacity | (5,001) | (4,847) |
| Fiduciary liabilities, net, noncurrent | 0 | 0 |
| Long-term debt | 5,510 | 5,225 |
| Pension, postretirement and postemployment benefits | 1,911 | 1,888 |
| Liability for errors and omissions | 287 | 301 |
| Other liabilities | 1,362 | 1,311 |
| 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, 2018 and December 31, 2017 | 561 | 561 |
| Additional paid-in capital | 817 | 784 |
| Retained earnings | 14,347 | 13,140 |
| Accumulated other comprehensive loss | (4,647) | (4,043) |
| Non-controlling interests | 73 | 83 |
| Stockholders Equity Subtotal Before Treasury Stock | 11,151 | 10,525 |
| Less treasury shares, at cost, 56,804,468 shares at December 31, 2018 and 51,930,135 shares at December 31, 2017 | (3,567) | (3,083) |
| Total equity | 7,584 | 7,442 |
| Total liabilities and stockholders' equity | 21,578 | 20,429 |
| External Links | |
| MARSH & MCLENNAN COMPANIES, INC. (MMC) Fiscal Year 2018 | |
| 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 |