Aon plc AON Cash Flow

Aon plc (AON)

CashFlow / TTM

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
1,688	1,573	1,544	1,469	1,240	1,174	809	848	1,568	1,263	1,734	1,868	1,398	1,430	1,561	1,538	1,418	1,422	1,299	1,311	1,436	1,431	1,324	1,273	1,212	1,148	1,095	1,041	1,043	1,020	993	991	1,004	1,010	971	910	801	732	709	696	693	792	0	0	0
Net income (loss) from discontinued operations
-2	-1	68	67	68	74	-24	-26	794	828	932	978	192	177	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net income to cash provided by operating activities:
(Gain) loss from sales of businesses, net
34	13	6	2	-1	-6	-18	-14	-15	-16	-4	-5	2	39	93	102	97	81	32	56	58	44	78	73	70	65	0	0	0	-	-	-	-	-	-	-	-	-43	-46	-36	5	91	0	0	0
Depreciation of fixed assets
173	172	174	170	177	176	165	165	172	187	192	191	178	162	113	130	146	164	228	233	238	242	246	244	241	240	241	238	236	232	224	221	222	220	222	200	173	151	0	0	0	-	-	-	-
Amortization of Intangible Assets
392	392	396	395	580	593	592	593	771	704	644	585	163	157	54	90	131	174	326	338	346	352	362	370	382	395	406	413	418	423	402	388	375	362	341	280	218	154	0	0	0	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Share-based compensation expense
304	317	376	371	350	338	319	318	318	319	310	310	305	306	291	300	309	320	320	317	316	328	340	338	333	300	259	244	226	212	216	219	216	235	234	219	229	221	223	237	235	209	0	0	0
Deferred income taxes
-17	-36	-141	-157	-276	-225	62	116	10	-18	-225	-266	-49	-24	-147	-224	-207	-223	-295	-137	-138	-135	-37	-20	-17	-14	-16	-94	-98	-95	164	152	151	146	66	109	99	76	70	119	112	138	0	0	0
Change in assets and liabilities:
Fiduciary receivables
608	409	1,271	722	683	679	49	722	771	-171	-43	-509	-533	-595	-1,342	-811	-825	-599	212	-428	11	19	-300	-87	-203	4	271	555	800	1,402	873	835	839	14	0	0	0	-	-	-	-	-	-	-	-
Short-term investments — funds held on behalf of clients
942	1,246	874	1,127	666	320	165	3	0	135	822	417	628	540	413	255	99	-206	26	176	69	403	-348	-193	-207	-156	248	-546	21	-239	-31	490	348	713	1,111	1,394	842	19	-510	-610	26	-90	0	0	0
Fiduciary liabilities
1,550	1,655	2,145	1,849	1,349	999	214	726	771	-36	779	-93	95	-55	-929	-556	-726	-805	238	-252	80	422	-648	-280	-410	-152	519	9	821	1,163	842	1,325	1,187	727	0	0	0	-	-	-	-	-	-	-	-
Receivables, net
456	371	283	233	316	127	409	600	561	254	136	176	100	105	154	110	113	97	13	81	-11	25	13	-65	20	-141	-240	-216	-219	-106	218	395	541	494	65	89	6	69	321	199	197	63	0	0	0
Accounts payable and accrued liabilities
151	-28	-29	-59	10	25	2	-22	47	96	62	11	-30	53	154	140	129	88	100	109	124	4	32	49	59	110	-20	32	-3	-37	-120	-197	-124	0	-210	-240	-333	-280	48	-92	-68	-54	0	0	0
Restructuring reserves
-32	3	-53	-7	22	23	16	6	49	172	170	178	99	0	0	0	0	-	-	-	-	-	-53	-42	-9	15	-10	-13	-46	-46	-48	-57	-61	-73	-78	-100	-91	-64	-3	52	74	67	0	0	0
Current income taxes
3	-20	174	188	122	34	-266	-1,033	-828	-914	-747	-5	-53	-42	13	114	-48	24	184	35	67	42	-130	-151	-49	-116	-79	27	79	185	15	46	103	120	0	0	0	-	-100	-134	-122	-105	0	0	0
Pension, other postretirement and postemployment liabilities
-143	-156	-163	-267	-260	-259	-147	-49	-78	-66	-30	-31	51	42	-109	-136	-214	-230	-232	-236	-278	-340	-400	-437	-434	-502	-572	-676	-671	-585	-479	-453	-428	-399	-369	-235	-156	-130	-137	-125	-317	-404	0	0	0
Other assets and liabilities
-68	-1	47	167	-38	-2	-170	-263	62	8	80	-17	-99	-66	53	30	-88	-110	-264	-162	-17	43	-59	-83	-60	-101	-19	-109	-85	-4	48	45	63	103	55	184	109	51	89	66	115	231	0	0	0
Net Cash Provided by (Used in) Operating Activities, Continuing Operations
-	-	-	-	-	-	-	-	-	669	966	1,708	1,867	1,829	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash provided by operating activities - discontinued operations
-	-	-	-	-	-	-	-	-	65	238	354	426	497	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash provided by operating activities
2,099	1,835	1,874	1,634	1,620	1,686	1,356	647	634	734	1,204	2,062	2,293	2,326	2,189	2,195	1,984	2,009	2,224	2,057	2,121	1,812	1,652	1,699	1,688	1,753	1,536	1,537	1,488	1,419	1,098	868	848	1,018	776	319	471	783	1,113	1,286	414	500	0	0	0
Cash flows from investing activities
Proceeds from investments
55	61	74	62	66	71	55	62	60	68	55	49	55	43	228	233	230	220	24	14	13	52	63	118	117	93	88	150	160	178	258	145	209	190	111	109	41	90	134	134	132	73	0	0	0
Payments for investments
142	113	109	104	83	80	74	68	66	64	72	67	59	64	310	294	279	266	4	7	11	20	21	23	22	15	16	11	12	12	11	17	27	30	45	39	30	34	158	156	156	158	0	0	0
Net sales (purchases) of short-term investments — non-fiduciary
44	-35	15	66	26	-348	-1,468	-2,571	-89	232	1,175	2,496	-382	-61	90	-212	260	-9	200	204	31	-110	-140	-14	-25	174	-361	-210	-141	-440	118	39	-57	8	-1,531	-32	216	337	1,540	-64	-549	-259	0	0	0
Net purchases of short term investments - funds held on behalf of clients
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Acquisition of businesses, net of cash acquired
358	39	47	23	44	58	907	930	1,012	1,029	853	845	909	879	188	176	11	16	41	419	495	479	492	114	57	54	91	103	141	162	101	93	126	106	2,090	2,118	2,034	2,078	298	278	277	263	0	0	0
Sale of businesses, net of cash sold
76	52	41	-4	-3	-10	44	54	4,247	4,246	4,197	4,197	8	107	255	256	261	205	54	99	88	48	82	40	40	40	6	2	3	2	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0
Capital expenditures
227	225	228	235	252	240	237	212	194	183	174	170	153	156	82	126	175	200	302	283	263	256	234	222	224	229	242	262	258	269	291	271	256	241	216	208	203	180	169	158	152	140	0	0	0
Cash provided by (used for) investing activities - continuing operations
-	-	-	-	-	-	-	-	-	2,806	1,978	668	-676	-888	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash used for investing activities - discontinued operations
-	-	-	-	-	-	-	-	-	-19	-39	-49	-66	-66	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash used for investing activities
-640	-229	-284	-370	-342	31	349	1,477	3,120	2,787	1,939	619	-742	-954	-323	-21	-339	-138	-469	-800	-699	-545	-462	-187	-121	-339	106	-14	-107	177	-261	-273	-134	-186	-244	-1,583	-2,046	-2,539	-2,580	-1,052	84	-229	0	0	0
Cash flows from financing activities
Share repurchase
2,323	1,960	1,705	1,654	1,001	1,470	1,783	2,270	3,094	2,399	4,182	3,107	1,816	1,257	1,663	1,350	1,115	1,550	-650	450	1,400	2,250	1,827	1,827	1,402	1,102	1,525	1,300	1,325	1,125	625	525	578	828	978	803	550	250	0	0	0	-	-	-	-
Issuance of shares for employee benefit plans
117	131	155	155	160	149	100	110	97	121	81	77	109	129	108	104	79	30	-101	-96	-35	105	-48	-39	-32	-22	109	111	105	118	129	103	165	201	261	275	244	194	119	155	143	163	0	0	0
Issuance of debt
7,241	6,052	6,712	6,761	5,817	5,754	3,963	2,555	1,470	1,654	2,389	3,062	3,414	3,467	4,586	4,962	5,526	5,351	4,478	4,360	4,914	5,239	4,891	5,316	4,951	4,906	4,670	3,315	1,808	733	434	536	1,319	1,673	2,672	4,299	3,259	2,905	0	0	0	-	-	-	-
Repayment of debt
5,588	4,941	5,777	5,618	5,407	5,417	3,499	2,036	1,753	1,999	2,635	3,303	3,720	2,945	4,546	4,834	4,587	5,098	3,705	4,069	3,775	3,918	3,882	3,817	4,793	4,679	4,520	3,379	1,652	1,077	592	489	1,749	1,688	2,258	2,243	897	816	2,317	1,226	1,117	1,118	0	0	0
Cash dividends to shareholders
416	410	404	398	389	382	375	369	366	364	361	358	350	345	341	336	334	323	312	301	291	273	254	235	215	212	210	207	205	204	203	202	198	200	202	193	185	175	164	164	165	165	0	0	0
Payments to Noncontrolling Interests
166	103	95	81	12	35	36	41	38	36	15	-5	-37	-77	-84	-78	-75	-39	-23	-20	-3	4	-32	-26	-27	-27	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of shares from noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	27	0	0	0	-	-	-	-	20	0	0	0	-	-	-	-
Cash provided by (used for) financing activities - continuing operations
-	-	-	-	-	-	-	-	-	-3,265	-2,919	-2,412	-1,540	-1,286	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash used for financing activities - discontinued operations
-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash provided by (used for) financing activities
-1,271	-1,493	-1,412	-1,133	-1,176	-1,699	-1,872	-2,293	-3,670	-3,265	-2,919	-2,412	-1,540	-1,286	-1,774	-1,992	-1,436	-1,689	-1,530	-1,195	-1,300	-1,303	-1,120	-1,313	-1,516	-1,136	-1,509	-1,492	-1,300	-1,586	-883	-630	-1,096	-896	-564	1,305	1,843	1,823	1,184	-616	-651	-652	0	0	0
Effect of exchange rates on cash and cash equivalents
-98	21	-60	-37	-99	-118	-98	-28	62	69	42	-23	-25	-39	-7	-111	-122	-172	-209	-113	-82	-67	-57	-47	-121	-92	-54	-51	4	9	41	21	23	-10	-8	-1	-8	62	38	105	74	16	0	0	0
Net increase (decrease) in cash and cash equivalents
90	134	118	94	3	-100	-265	-197	146	325	266	246	-14	47	85	71	87	10	16	-51	40	-103	13	152	-70	186	79	-20	85	19	-5	-14	-359	-74	-40	40	260	129	-245	-277	-79	-365	0	0	0
Supplemental disclosures:
Interest paid
313	289	290	268	235	266	249	273	272	272	271	272	278	272	260	270	243	254	241	291	244	245	214	167	238	206	246	221	189	232	196	222	239	240	270	258	204	158	123	97	96	103	0	0	0
Income taxes paid, net of refunds
373	353	342	327	312	337	602	1,281	1,182	1,182	919	237	235	218	222	220	244	249	237	251	317	337	395	412	363	445	429	376	346	238	142	162	81	77	113	143	218	192	170	133	139	182	0	0	0