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 Statements Of Income | |||
Period Ending Dec 31, 2014 10-K (Filed: Feb 26, 2015) | |||
(In Millions) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
Revenue | $ 12,951 | 12,261 | 11,924 |
Expense: | |||
Compensation and benefits | 7,515 | 7,226 | 7,134 |
Other operating expenses | 3,135 | 2,958 | 2,961 |
Operating expenses | 10,650 | 10,184 | 10,095 |
Operating income | 2,301 | 2,077 | 1,829 |
Interest income | 21 | 18 | 24 |
Interest expense | (165) | (167) | (181) |
Cost of extinguishment of debt | (137) | (24) | 0 |
Investment income | 37 | 69 | 24 |
Income before income taxes | 2,057 | 1,973 | 1,696 |
Income tax expense | 586 | 594 | 492 |
Income from continuing operations | 1,471 | 1,379 | 1,204 |
Discontinued operations, net of tax | 26 | 6 | (3) |
Net income before non-controlling interests | 1,497 | 1,385 | 1,201 |
Less: Net income attributable to non-controlling interests | 32 | 28 | 25 |
Net income attributable to the Company | 1,465 | 1,357 | 1,176 |
Basic Per Share Data: | |||
Basic net income per share Continuing operations (in dollars per share) | 2.64 | 2.46 | 2.16 |
Net income attributable to the Company (in dollars per share) | 2.69 | 2.47 | 2.16 |
Diluted Per Share Data: | |||
Continuing operations (in dollars per share) | 2.61 | 2.42 | 2.13 |
Net income attributable to the Company (in dollars per share) | 2.65 | 2.43 | 2.13 |
Average number of shares outstanding | |||
Basic (in shares) | 545 | 549 | 544 |
Diluted (in shares) | 553 | 558 | 552 |
Shares outstanding at December 31 (in shares) | 540 | 547 | 545 |
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 |