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: 2020 | |||
Consolidated Statements Of Income | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 17, 2021) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Revenue | $ 17,224 | 16,652 | 14,950 |
| Expense: | |||
| Compensation and benefits | 10,129 | 9,734 | 8,605 |
| Other operating expenses | 4,029 | 4,241 | 3,584 |
| Operating expenses | 14,158 | 13,975 | 12,189 |
| Operating income | 3,066 | 2,677 | 2,761 |
| Other net benefits credits | 257 | 265 | 215 |
| Interest income | 7 | 39 | 11 |
| Interest expense | (515) | (524) | (290) |
| Cost of extinguishment of debt | 0 | (32) | 0 |
| Investment (loss) income | (22) | 22 | (12) |
| Acquisition related derivative contracts | 0 | (8) | (441) |
| Income before income taxes | 2,793 | 2,439 | 2,244 |
| Income tax expense | 747 | 666 | 574 |
| Net income before non-controlling interests | 2,046 | 1,773 | 1,670 |
| Less: Net income attributable to non-controlling interests | 30 | 31 | 20 |
| Net income attributable to the Company | 2,016 | 1,742 | 1,650 |
| Net income per share attributable to the Company | |||
| Basic (in dollars per share) | 3.98 | 3.44 | 3.26 |
| Diluted (in dollars per share) | 3.94 | 3.41 | 3.23 |
| Average number of shares outstanding | |||
| Basic (in shares) | 506 | 506 | 506 |
| Diluted (in shares) | 512 | 511 | 511 |
| Shares outstanding (in shares) | 508 | 504 | 504 |
| External Links | |
| MARSH & MCLENNAN COMPANIES, INC. (MMC) Fiscal Year 2020 | |
| 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 |