Aon plc (AON)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Revenue
Commissions, fees and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,736

2,800

2,842

3,292

2,873

2,913

2,941

3,202

2,786

2,891

2,908

3,108

2,726

2,813

2,829

2,980

2,708

2,799

2,748

2,897

1,786

1,883

1,891

2,059

1,778

1,863

1,821

1,756

1,889

Fiduciary investment income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

5

5

7

7

6

6

7

8

6

7

7

11

8

12

14

15

12

11

12

15

15

13

14

16

19

25

90

67

Total revenue

3,219

2,885

2,379

2,606

3,143

2,770

2,349

2,561

3,090

2,909

2,340

2,368

2,381

2,650

2,201

2,282

2,276

1,086

2,742

2,805

2,847

3,299

2,880

2,919

2,947

3,209

2,794

2,897

2,915

3,115

2,737

2,821

2,841

2,994

2,723

2,811

2,759

2,909

1,801

1,898

1,904

2,073

1,794

1,882

1,846

1,846

1,956

Expenses
Compensation and benefits

1,522

1,601

1,368

1,501

1,584

1,601

1,392

1,494

1,616

1,640

1,428

1,466

1,469

1,473

1,300

1,396

1,345

625

1,644

1,653

1,683

1,848

1,707

1,708

1,751

1,842

1,666

1,712

1,725

1,789

1,620

1,639

1,661

1,724

1,634

1,612

1,597

1,715

1,050

1,169

1,163

1,330

1,119

1,134

1,014

1,131

1,143

Information technology

111

131

120

126

117

121

125

123

115

124

109

98

88

105

99

99

83

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Premises

73

91

76

85

87

87

94

96

93

89

89

86

84

86

86

89

82

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation of fixed assets

41

48

44

40

40

50

40

47

39

39

40

54

54

44

39

41

38

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization and impairment of intangible assets

97

97

101

97

97

101

100

282

110

100

101

460

43

40

42

38

37

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other general expenses

342

393

310

344

346

311

336

535

318

316

317

331

308

266

267

232

271

-1,083

685

875

723

816

756

766

727

852

764

803

780

865

778

788

778

840

761

759

764

754

488

461

468

502

481

528

466

419

500

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49

58

Total operating expenses

2,186

2,361

2,019

2,193

2,271

2,271

2,087

2,577

2,291

2,308

2,084

2,495

2,046

2,014

1,833

1,895

1,856

630

2,329

2,528

2,406

2,664

2,463

2,474

2,478

2,694

2,430

2,515

2,505

2,654

2,398

2,427

2,439

2,564

2,395

2,371

2,361

2,469

1,538

1,630

1,631

1,832

1,600

1,662

1,480

1,599

1,701

Operating income

1,033

524

360

413

872

499

262

-16

799

601

256

-127

335

636

368

387

420

456

413

277

441

635

417

445

469

515

364

382

410

461

339

394

402

430

328

440

398

440

263

268

273

241

194

220

366

247

255

Interest income

2

4

1

1

2

0

0

1

4

7

10

8

2

3

1

3

2

4

3

4

3

3

3

2

2

3

3

2

1

4

1

2

3

4

4

4

6

6

4

4

1

4

3

2

7

-

-

Interest expense

83

80

78

77

72

70

69

69

70

71

70

71

70

70

70

73

69

68

72

68

65

67

65

65

58

57

53

48

52

55

57

57

59

59

60

63

63

65

50

33

34

35

32

26

29

32

31

Other income (expense)

29

-7

2

6

0

-8

1

-3

-15

-131

4

4

-2

-164

10

-1

18

49

8

1

42

10

35

-2

1

14

39

6

9

-1

-9

12

0

13

20

-29

15

-21

-9

5

7

8

13

14

-1

3

2

Income from continuing operations before income taxes

981

441

285

343

802

421

194

-87

718

406

200

-186

265

405

309

316

371

441

352

214

421

581

390

380

414

475

353

342

368

409

274

351

346

388

292

352

356

360

208

244

247

218

178

210

343

218

226

Income tax expense

189

59

56

56

126

137

39

-144

114

389

4

-143

0

21

25

43

59

20

49

26

80

114

75

67

78

115

89

90

96

103

64

96

97

104

84

87

103

118

61

60

61

56

47

57

108

59

57

Net income from continuing operations

792

382

229

287

676

284

155

57

604

17

196

-43

265

384

284

273

312

-

-

-

-

-

-

-

-

-

-

-

-

-

210

255

249

-

208

265

253

242

147

184

186

162

131

153

235

159

169

Loss from discontinued operations before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1

-

-

0

1

4

-1

1

-41

2

-10

0

2

91

-57

1,431

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

-1

2

0

1

-15

2

-66

-3

0

41

-19

464

Net income (loss) from discontinued operations

-1

0

-1

0

0

69

-2

1

6

-29

-4

821

40

75

42

35

25

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1

-

-

0

2

2

-

-

-26

-

56

3

2

50

-38

967

Net income

791

382

228

287

676

353

153

58

610

-12

192

778

305

459

326

308

337

590

303

188

341

467

315

313

336

360

264

252

272

-

210

254

-

280

208

267

255

241

147

158

186

218

134

155

285

121

1,136

Less: Net income attributable to noncontrolling interests

19

8

6

10

17

8

6

10

16

7

7

9

14

7

7

8

12

6

8

10

13

8

6

9

11

5

8

11

11

2

6

8

11

3

10

9

9

10

3

5

8

20

14

6

5

4

3

Net income attributable to Aon shareholders

772

374

222

277

659

345

147

48

594

-19

185

769

291

452

319

300

325

584

295

178

328

459

309

304

325

355

256

241

261

305

204

246

238

277

198

258

246

231

144

153

178

198

120

149

280

117

1,133

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

204

247

-

-

198

256

244

232

144

179

178

142

117

147

230

155

166

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1

-

-

0

2

2

-

-

-26

-

56

3

2

50

-38

967

Net income attributable to Aon shareholders

772

374

222

277

659

345

147

48

594

-19

185

769

291

-

319

300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

204

246

238

-

198

258

246

231

144

153

178

198

120

149

280

117

1,133

Basic net income per share attributable to Aon shareholders
Continuing operations (in dollars per share)

3.31

1.59

0.94

1.15

2.72

1.14

0.61

0.19

2.37

0.05

0.74

-0.20

0.95

1.42

1.03

0.99

1.11

-

-

-

-

-

-

-

-

-

-

-

-

-

0.62

0.74

0.72

-

0.59

0.76

0.72

0.69

0.52

0.64

0.65

0.51

0.41

0.52

0.81

0.55

0.56

Discontinued operations (in dollars per share)

0.00

0.00

0.00

0.00

0.00

0.28

-0.01

0.01

0.02

-0.06

-0.02

3.13

0.15

0.28

0.16

0.13

0.09

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

-

-

-

-

-

-

-

-0.09

-

0.19

0.01

0.01

0.18

-0.13

3.26

Net income (in dollars per share)

3.31

1.59

0.94

1.15

2.72

1.42

0.60

0.20

2.39

-0.01

0.72

2.93

1.10

1.70

1.19

1.12

1.20

2.10

1.05

0.63

1.15

1.58

1.06

1.02

1.07

1.15

0.83

0.77

0.82

-

0.62

0.74

-

0.85

0.59

0.76

0.72

0.69

0.52

0.55

0.65

0.71

0.42

0.52

0.99

0.42

3.82

Diluted net income per share attributable to Aon shareholders
Continuing operations (in dollars per share)

3.29

1.58

0.93

1.14

2.70

1.13

0.61

0.19

2.35

0.06

0.73

-0.20

0.94

1.40

1.03

0.98

1.10

-

-

-

-

-

-

-

-

-

-

-

-

-

0.62

0.73

0.71

-

0.59

0.75

0.71

0.69

0.51

0.63

0.63

0.50

0.40

0.50

0.79

0.53

0.54

Discontinued operations (in dollars per share)

0.00

0.00

0.00

0.00

0.00

0.28

-0.01

0.00

0.02

-0.10

-0.01

3.13

0.15

0.28

0.15

0.13

0.09

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

-

-

-

-

-

-

-

-0.09

-

0.19

0.01

0.01

0.17

-0.13

3.17

Net income (in dollars per share)

3.29

1.58

0.93

1.14

2.70

1.41

0.60

0.19

2.37

-0.04

0.72

2.93

1.09

1.68

1.18

1.11

1.19

2.08

1.04

0.62

1.14

1.55

1.04

1.01

1.06

1.13

0.82

0.76

0.82

-

0.62

0.73

-

0.82

0.59

0.75

0.71

0.69

0.51

0.54

0.63

0.69

0.41

0.51

0.96

0.40

3.71

Cash dividends per share paid on ordinary shares (in dollars per share)

-

-

-

-

-

-

-

-

-

-

0.36

0.36

0.33

-

0.33

0.33

0.30

0.30

0.30

0.30

0.25

0.24

0.25

0.25

0.18

0.16

0.18

0.18

0.16

0.15

0.16

0.16

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

Weighted average ordinary shares outstanding - basic (in shares)

233

234

236

240

242

242

244

246

248

251

255

262

264

265

267

268

271

273

280

284

284

287

292

298

303

306

309

313

316

322

327

332

332

332

332

337

339

340

278

278

275

279

283

285

284

281

289

Weighted average ordinary shares outstanding - diluted (in shares)

234

236

239

242

243

244

245

247

250

256

257

262

267

268

269

269

273

277

283

286

287

293

296

301

307

311

312

317

320

327

331

335

336

338

336

342

345

344

282

282

283

287

292

292

292

293

305