Aon plc AON Cash Flow

Aon plc (AON)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Cash flows from operating activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
791,000	382,000	228,000	287,000	676,000	353,000	153,000	58,000	610,000	-12,000	192,000	778,000	305,000	459,000	326,000	308,000	337,000	590,000	303,000	188,000	341,000	467,000	315,000	313,000	336,000	360,000	264,000	252,000	272,000	307,000	210,000	254,000	249,000	280,000	208,000	267,000	255,000	241,000	147,000	158,000	186,000	218,000	134,000	155,000	285,000
Net income (loss) from discontinued operations
-1,000	0	-1,000	0	0	69,000	-2,000	1,000	6,000	-29,000	-4,000	821,000	40,000	75,000	42,000	35,000	25,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net income to cash provided by operating activities:
(Gain) loss from sales of businesses, net
25,000	5,000	1,000	3,000	4,000	-2,000	-3,000	0	-1,000	-14,000	1,000	-1,000	-2,000	-2,000	0	6,000	35,000	52,000	9,000	1,000	19,000	3,000	33,000	3,000	5,000	37,000	28,000	0	0	-	-	-	-	-	-	-	-	-3,000	-7,000	-39,000	6,000	-6,000	3,000	2,000	92,000
Depreciation of fixed assets
41,000	48,000	44,000	40,000	40,000	50,000	40,000	47,000	39,000	39,000	40,000	54,000	54,000	44,000	39,000	41,000	38,000	-5,000	56,000	57,000	56,000	59,000	61,000	62,000	60,000	63,000	59,000	59,000	59,000	64,000	56,000	57,000	55,000	56,000	53,000	58,000	53,000	58,000	31,000	31,000	31,000	-	-	-	-
Amortization of Intangible Assets
97,000	97,000	101,000	97,000	97,000	101,000	100,000	282,000	110,000	100,000	101,000	460,000	43,000	40,000	42,000	38,000	37,000	-63,000	78,000	79,000	80,000	89,000	90,000	87,000	86,000	99,000	98,000	99,000	99,000	110,000	105,000	104,000	104,000	89,000	91,000	91,000	91,000	68,000	30,000	29,000	27,000	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	60,000
Share-based compensation expense
76,000	65,000	72,000	91,000	89,000	124,000	67,000	70,000	77,000	105,000	66,000	70,000	78,000	96,000	66,000	65,000	79,000	81,000	75,000	74,000	90,000	81,000	72,000	73,000	102,000	93,000	70,000	68,000	69,000	52,000	55,000	50,000	55,000	56,000	58,000	47,000	74,000	55,000	43,000	57,000	66,000	57,000	57,000	55,000	40,000
Deferred income taxes
-6,000	8,000	-19,000	0	-25,000	-97,000	-35,000	-119,000	26,000	190,000	19,000	-225,000	-2,000	-17,000	-22,000	-8,000	23,000	-140,000	-99,000	9,000	7,000	-212,000	59,000	8,000	10,000	-114,000	76,000	11,000	13,000	-116,000	-2,000	7,000	16,000	143,000	-14,000	6,000	11,000	63,000	29,000	-4,000	-12,000	57,000	78,000	-11,000	14,000
Change in assets and liabilities:
Fiduciary receivables
808,000	583,000	-1,100,000	317,000	609,000	1,445,000	-1,649,000	278,000	605,000	815,000	-976,000	327,000	-337,000	943,000	-1,442,000	303,000	-399,000	196,000	-911,000	289,000	-173,000	1,007,000	-1,551,000	728,000	-165,000	688,000	-1,338,000	612,000	42,000	955,000	-1,054,000	857,000	644,000	426,000	-1,092,000	861,000	-181,000	-	-	-	-	-	-	-	-
Short-term investments — funds held on behalf of clients
237,000	-39,000	324,000	420,000	541,000	-411,000	577,000	-41,000	195,000	-566,000	415,000	-44,000	330,000	121,000	10,000	167,000	242,000	-6,000	-148,000	11,000	-63,000	226,000	2,000	-96,000	271,000	-525,000	157,000	-110,000	322,000	-121,000	-637,000	457,000	62,000	87,000	-116,000	315,000	427,000	485,000	167,000	-237,000	-396,000	-44,000	67,000	399,000	-512,000
Fiduciary liabilities
1,045,000	544,000	-776,000	737,000	1,150,000	1,034,000	-1,072,000	237,000	800,000	249,000	-560,000	282,000	-7,000	1,064,000	-1,432,000	470,000	-157,000	190,000	-1,059,000	300,000	-236,000	1,233,000	-1,549,000	632,000	106,000	163,000	-1,181,000	502,000	364,000	834,000	-1,691,000	1,314,000	706,000	513,000	-1,208,000	1,176,000	246,000	-	-	-	-	-	-	-	-
Receivables, net
543,000	204,000	-310,000	19,000	458,000	116,000	-360,000	102,000	269,000	398,000	-169,000	63,000	-38,000	280,000	-129,000	-13,000	-33,000	329,000	-173,000	-10,000	-49,000	245,000	-105,000	-102,000	-13,000	233,000	-183,000	-17,000	-174,000	134,000	-159,000	-20,000	-61,000	458,000	18,000	126,000	-108,000	29,000	42,000	43,000	-45,000	281,000	-80,000	41,000	-179,000
Accounts payable and accrued liabilities
-275,000	357,000	194,000	-125,000	-454,000	356,000	164,000	-56,000	-439,000	333,000	140,000	13,000	-390,000	299,000	89,000	-28,000	-307,000	400,000	75,000	-39,000	-348,000	412,000	84,000	-24,000	-468,000	440,000	101,000	-14,000	-417,000	310,000	153,000	-49,000	-451,000	227,000	76,000	24,000	-327,000	17,000	46,000	-69,000	-274,000	345,000	-94,000	-45,000	-260,000
Restructuring reserves
-60,000	65,000	-44,000	7,000	-25,000	9,000	2,000	36,000	-24,000	2,000	-8,000	79,000	99,000	0	0	0	0	-	-	-	-	-	-13,000	-22,000	-40,000	22,000	-2,000	11,000	-16,000	-3,000	-5,000	-22,000	-16,000	-5,000	-14,000	-26,000	-28,000	-10,000	-36,000	-17,000	-1,000	51,000	19,000	5,000	-8,000
Current income taxes
141,000	-23,000	-7,000	-108,000	118,000	171,000	7,000	-174,000	30,000	-129,000	-760,000	31,000	-56,000	38,000	-18,000	-17,000	-45,000	93,000	83,000	-179,000	27,000	253,000	-66,000	-147,000	2,000	81,000	-87,000	-45,000	-65,000	118,000	19,000	7,000	41,000	-52,000	50,000	64,000	58,000	-	-60,000	-19,000	65,000	-86,000	-94,000	-7,000	82,000
Pension, other postretirement and postemployment liabilities
-41,000	-29,000	-35,000	-38,000	-54,000	-36,000	-139,000	-31,000	-53,000	76,000	-41,000	-60,000	-41,000	112,000	-42,000	22,000	-50,000	-39,000	-69,000	-56,000	-66,000	-41,000	-73,000	-98,000	-128,000	-101,000	-110,000	-95,000	-196,000	-171,000	-214,000	-90,000	-110,000	-65,000	-188,000	-65,000	-81,000	-35,000	-54,000	14,000	-55,000	-42,000	-42,000	-178,000	-142,000
Other assets and liabilities
-141,000	89,000	42,000	-58,000	-74,000	137,000	162,000	-263,000	-38,000	-31,000	69,000	62,000	-92,000	41,000	-28,000	-20,000	-59,000	160,000	-51,000	-138,000	-81,000	6,000	51,000	7,000	-21,000	-96,000	27,000	30,000	-62,000	-14,000	-63,000	54,000	19,000	38,000	-66,000	72,000	59,000	-10,000	63,000	-3,000	1,000	28,000	40,000	46,000	117,000
Net Cash Provided by (Used in) Operating Activities, Continuing Operations
-	-	-	-	-	-	-	-	-	380,000	-147,000	254,000	182,000	677,000	595,000	413,000	144,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash provided by operating activities - discontinued operations
-	-	-	-	-	-	-	-	-	1,000	0	6,000	58,000	174,000	116,000	78,000	129,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash provided by operating activities
338,000	672,000	802,000	287,000	74,000	711,000	562,000	273,000	140,000	381,000	-147,000	260,000	240,000	851,000	711,000	491,000	273,000	714,000	717,000	280,000	298,000	929,000	550,000	344,000	-11,000	769,000	597,000	333,000	54,000	552,000	598,000	284,000	-15,000	231,000	368,000	264,000	155,000	-11,000	-89,000	416,000	467,000	319,000	84,000	-456,000	553,000
Cash flows from investing activities
Proceeds from investments
6,000	28,000	19,000	2,000	12,000	41,000	7,000	6,000	17,000	25,000	14,000	4,000	25,000	12,000	8,000	10,000	13,000	197,000	13,000	7,000	3,000	1,000	3,000	6,000	42,000	12,000	58,000	5,000	18,000	7,000	120,000	15,000	36,000	87,000	7,000	79,000	17,000	8,000	5,000	11,000	66,000	52,000	5,000	9,000	7,000
Payments for investments
43,000	19,000	34,000	46,000	14,000	15,000	29,000	25,000	11,000	9,000	23,000	23,000	9,000	17,000	18,000	15,000	14,000	263,000	2,000	0	1,000	1,000	5,000	4,000	10,000	2,000	7,000	3,000	3,000	3,000	2,000	4,000	3,000	2,000	8,000	14,000	6,000	17,000	2,000	5,000	10,000	141,000	0	5,000	12,000
Net sales (purchases) of short-term investments — non-fiduciary
38,000	-42,000	-55,000	103,000	-41,000	8,000	-4,000	63,000	-415,000	-1,112,000	-1,107,000	2,545,000	-94,000	-169,000	214,000	-333,000	227,000	-18,000	-88,000	139,000	-42,000	191,000	-84,000	-34,000	-183,000	161,000	42,000	-45,000	16,000	-374,000	193,000	24,000	-283,000	184,000	114,000	-72,000	-218,000	-1,355,000	1,613,000	176,000	-97,000	-152,000	9,000	-309,000	193,000
Net purchases of short term investments - funds held on behalf of clients
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	167,000	-237,000	-396,000	-	67,000	399,000	-512,000
Acquisition of businesses, net of cash acquired
334,000	0	24,000	0	15,000	8,000	0	21,000	29,000	857,000	23,000	103,000	46,000	681,000	15,000	167,000	16,000	-10,000	3,000	2,000	21,000	15,000	381,000	78,000	5,000	28,000	3,000	21,000	2,000	65,000	15,000	59,000	23,000	4,000	7,000	92,000	3,000	1,988,000	35,000	8,000	47,000	208,000	15,000	7,000	33,000
Sale of businesses, net of cash sold
30,000	9,000	36,000	1,000	6,000	-2,000	-9,000	2,000	-1,000	52,000	1,000	4,195,000	-2,000	3,000	1,000	6,000	97,000	151,000	2,000	11,000	41,000	0	47,000	0	1,000	34,000	5,000	0	1,000	0	1,000	1,000	0	-	-	-	-	-	-	-	-	-	1,000	10,000	128,000
Capital expenditures
59,000	58,000	61,000	49,000	57,000	61,000	68,000	66,000	45,000	58,000	43,000	48,000	34,000	49,000	39,000	31,000	37,000	-25,000	83,000	80,000	62,000	77,000	64,000	60,000	55,000	55,000	52,000	62,000	60,000	68,000	72,000	58,000	71,000	90,000	52,000	43,000	56,000	65,000	44,000	38,000	33,000	54,000	33,000	32,000	21,000
Cash provided by (used for) investing activities - continuing operations
-	-	-	-	-	-	-	-	-	265,000	1,033,000	1,480,000	28,000	-563,000	-277,000	136,000	-184,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash used for investing activities - discontinued operations
-	-	-	-	-	-	-	-	-	0	0	-4,000	-15,000	-20,000	-10,000	-21,000	-15,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash used for investing activities
-438,000	2,000	-9,000	-195,000	-27,000	-53,000	-95,000	-167,000	346,000	265,000	1,033,000	1,476,000	13,000	-583,000	-287,000	115,000	-199,000	48,000	15,000	-203,000	2,000	-283,000	-316,000	-102,000	156,000	-200,000	-41,000	-36,000	-62,000	245,000	-161,000	-129,000	222,000	-193,000	-173,000	10,000	170,000	-251,000	-1,512,000	-453,000	-323,000	-292,000	16,000	683,000	-636,000
Cash flows from financing activities
Share repurchase
463,000	453,000	352,000	1,055,000	100,000	198,000	301,000	402,000	569,000	511,000	788,000	1,226,000	-126,000	2,294,000	-287,000	-65,000	-685,000	2,700,000	-600,000	-300,000	-250,000	500,000	500,000	650,000	600,000	77,000	500,000	225,000	300,000	500,000	275,000	250,000	100,000	0	175,000	303,000	350,000	150,000	0	50,000	50,000	-	-	-	-
Issuance of shares for employee benefit plans
-112,000	264,000	11,000	-46,000	-98,000	288,000	11,000	-41,000	-109,000	239,000	21,000	-54,000	-85,000	199,000	17,000	-22,000	-65,000	178,000	13,000	-47,000	-114,000	47,000	18,000	14,000	26,000	-106,000	27,000	21,000	36,000	25,000	29,000	15,000	49,000	36,000	3,000	77,000	85,000	96,000	17,000	46,000	35,000	21,000	53,000	34,000	55,000
Issuance of debt
2,060,000	1,134,000	1,359,000	2,688,000	871,000	1,794,000	1,408,000	1,744,000	808,000	3,000	0	659,000	992,000	738,000	673,000	1,011,000	1,045,000	1,857,000	1,049,000	1,575,000	870,000	984,000	931,000	2,129,000	1,195,000	636,000	1,356,000	1,764,000	1,150,000	400,000	1,000	257,000	75,000	101,000	103,000	1,040,000	429,000	1,100,000	1,730,000	0	75,000	-	-	-	-
Repayment of debt
1,341,000	1,083,000	1,630,000	1,534,000	694,000	1,919,000	1,471,000	1,323,000	704,000	1,000	8,000	1,040,000	950,000	637,000	676,000	1,457,000	175,000	2,238,000	964,000	1,210,000	686,000	845,000	1,328,000	916,000	829,000	809,000	1,263,000	1,892,000	715,000	650,000	122,000	165,000	140,000	165,000	19,000	1,425,000	79,000	735,000	4,000	79,000	-2,000	2,236,000	-1,087,000	-30,000	-1,000
Cash dividends to shareholders
102,000	103,000	104,000	107,000	96,000	97,000	98,000	98,000	89,000	90,000	92,000	95,000	87,000	87,000	89,000	87,000	82,000	83,000	84,000	85,000	71,000	72,000	73,000	75,000	53,000	53,000	54,000	55,000	50,000	51,000	51,000	53,000	49,000	50,000	50,000	49,000	51,000	52,000	41,000	41,000	41,000	41,000	41,000	42,000	41,000
Payments to Noncontrolling Interests
40,000	22,000	20,000	84,000	-23,000	14,000	6,000	15,000	0	15,000	11,000	12,000	-2,000	-6,000	-9,000	-20,000	-42,000	-13,000	-3,000	-17,000	-6,000	3,000	0	0	1,000	-33,000	6,000	-1,000	1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of shares from noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	0	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,000	10,000	0	-	-	-	-	10,000	11,000	5,000	1,000	-	-	-	-	5,000	4,000	8,000	3,000	-	-	-	-
Cash provided by (used for) financing activities - continuing operations
-	-	-	-	-	-	-	-	-	-617,000	-878,000	-1,512,000	-258,000	-271,000	-371,000	-640,000	-4,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash used for financing activities - discontinued operations
-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash provided by (used for) financing activities
82,000	-525,000	-736,000	-92,000	-140,000	-444,000	-457,000	-135,000	-663,000	-617,000	-878,000	-1,512,000	-258,000	-271,000	-371,000	-640,000	-4,000	-759,000	-589,000	-84,000	-257,000	-600,000	-254,000	-189,000	-260,000	-417,000	-447,000	-392,000	120,000	-790,000	-430,000	-200,000	-166,000	-87,000	-177,000	-666,000	34,000	245,000	1,692,000	-128,000	14,000	-394,000	-108,000	-163,000	13,000
Effect of exchange rates on cash and cash equivalents
-82,000	39,000	-36,000	-19,000	37,000	-42,000	-13,000	-81,000	18,000	-22,000	57,000	9,000	25,000	-49,000	-8,000	7,000	11,000	-17,000	-112,000	-4,000	-39,000	-54,000	-16,000	27,000	-24,000	-44,000	-6,000	-47,000	5,000	-6,000	-3,000	8,000	10,000	26,000	-23,000	10,000	-23,000	28,000	-16,000	3,000	47,000	4,000	51,000	-28,000	-11,000
Net increase (decrease) in cash and cash equivalents
-100,000	188,000	21,000	-19,000	-56,000	172,000	-3,000	-110,000	-159,000	7,000	65,000	233,000	20,000	-52,000	45,000	-27,000	81,000	-14,000	31,000	-11,000	4,000	-8,000	-36,000	80,000	-139,000	108,000	103,000	-142,000	117,000	1,000	4,000	-37,000	51,000	-23,000	-5,000	-382,000	336,000	11,000	75,000	-162,000	205,000	-363,000	43,000	36,000	-81,000
Supplemental disclosures:
Interest paid
51,000	93,000	49,000	120,000	27,000	94,000	27,000	87,000	58,000	77,000	51,000	86,000	58,000	76,000	52,000	92,000	52,000	64,000	62,000	65,000	63,000	51,000	112,000	18,000	64,000	20,000	65,000	89,000	32,000	60,000	40,000	57,000	75,000	24,000	66,000	74,000	76,000	54,000	54,000	20,000	30,000	19,000	28,000	19,000	37,000
Income taxes paid, net of refunds
53,000	74,000	82,000	164,000	33,000	63,000	67,000	149,000	58,000	328,000	746,000	50,000	58,000	65,000	64,000	48,000	41,000	69,000	62,000	72,000	46,000	57,000	76,000	138,000	66,000	115,000	93,000	89,000	148,000	99,000	40,000	59,000	40,000	3,000	60,000	-22,000	36,000	39,000	90,000	53,000	10,000	17,000	53,000	59,000	53,000