Marsh & mclennan companies, inc. (MMC)
Income statement / TTM
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

17,232

16,652

16,100

15,636

15,021

14,950

14,923

14,760

14,521

14,024

13,703

13,497

13,378

13,211

13,185

13,165

13,014

12,893

12,801

12,827

12,902

12,951

12,820

12,611

12,399

12,261

12,148

12,061

11,999

11,924

11,830

11,791

11,693

11,526

11,403

11,121

10,799

10,550

10,163

9,993

9,857

9,831

10,252

10,931

0

0

0

Expense:
Compensation and benefits

10,007

9,734

9,419

9,065

8,663

8,605

8,556

8,441

8,304

8,085

8,122

7,971

7,845

7,694

7,678

7,739

7,693

7,569

7,330

7,356

7,406

7,515

7,452

7,372

7,262

7,226

7,195

7,131

7,141

7,134

7,099

7,092

7,044

6,969

6,892

6,725

6,611

6,465

6,325

6,272

6,186

6,182

6,437

6,783

0

0

0

Other operating expenses

4,416

4,241

3,975

3,791

3,567

3,584

3,557

3,515

3,403

3,284

3,196

3,104

3,086

3,086

3,117

3,147

3,139

3,140

3,110

3,126

3,133

3,135

3,114

3,026

2,994

2,958

2,959

2,962

2,949

2,961

2,917

2,953

2,956

2,919

2,939

2,895

3,202

3,146

3,259

3,186

2,792

2,871

2,938

3,171

0

0

0

Goodwill impairment charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Operating expenses

14,423

13,975

13,394

12,856

12,230

12,189

12,113

11,956

11,707

11,369

11,318

11,075

10,931

10,780

10,795

10,886

10,832

10,709

10,440

10,482

10,539

10,650

10,566

10,398

10,256

10,184

10,154

10,093

10,090

10,095

10,016

10,045

10,000

9,888

9,831

9,620

9,813

9,611

9,584

9,458

8,978

9,053

9,375

10,069

0

0

0

Operating Income (Loss)

2,809

2,677

2,706

2,780

2,791

2,761

2,810

2,804

2,814

2,655

2,385

2,422

2,447

2,431

2,390

2,279

2,182

2,184

2,361

2,345

2,363

2,301

2,254

2,213

2,143

2,077

1,994

1,968

1,909

1,829

1,814

1,746

1,693

1,638

1,572

1,501

986

939

579

535

879

778

877

862

0

0

0

Defined Benefit Plan, Other Cost (Credit)

-265

-265

-224

-218

-213

-215

-210

-209

-207

-201

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

13

39

37

35

36

11

11

11

10

9

7

5

5

5

8

11

12

13

14

17

19

21

21

20

19

18

19

20

22

24

25

28

27

28

28

25

23

20

17

14

15

17

23

32

0

0

0

Interest expense

531

524

486

422

349

290

257

248

240

237

226

213

201

189

187

181

173

163

153

157

159

165

172

167

165

167

170

174

179

181

185

190

194

199

202

213

224

233

241

240

245

241

234

230

0

0

0

Investment (loss) income

15

22

32

-27

-7

-12

-12

38

15

15

5

8

4

-

-2

31

33

38

39

31

26

37

48

36

61

69

62

44

25

24

16

20

10

9

32

30

54

43

47

71

21

-2

-48

-86

0

0

0

Cost of extinguishment of debt

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

Acquisition related derivative contracts

-37

-8

-349

-449

-412

-441

-100

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

2,502

2,439

2,132

2,103

2,272

2,244

2,662

2,814

2,806

2,643

2,589

2,577

2,547

2,480

2,443

2,375

2,289

2,307

2,124

2,099

2,112

2,057

2,127

2,078

2,034

1,973

1,905

1,858

1,777

1,696

1,670

1,532

1,464

1,404

1,358

1,343

839

769

402

380

670

552

618

578

0

0

0

Income tax expense

689

666

596

594

571

574

1,123

1,157

1,178

1,133

666

667

664

685

709

696

661

671

599

598

600

586

618

614

610

594

568

535

515

492

487

462

447

422

428

418

229

204

41

-60

44

21

58

170

0

0

0

Income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,679

1,628

1,636

1,525

1,501

1,512

1,471

1,509

1,464

1,424

1,379

1,337

1,323

1,262

1,204

1,183

1,070

1,017

982

930

925

610

565

361

440

626

531

560

408

0

0

0

Discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

29

26

24

26

-4

-4

-7

6

4

6

9

-3

15

16

21

33

31

72

340

306

330

305

-313

-290

-350

-356

0

0

0

Net income before non-controlling interests

1,813

1,773

1,536

1,509

1,701

1,670

1,541

1,659

1,630

1,512

1,866

0

0

-

0

-

-

1,636

1,554

1,527

1,536

1,497

1,505

1,460

1,417

1,385

1,341

1,329

1,271

1,201

1,198

1,086

1,038

1,015

961

997

950

871

691

745

313

241

210

52

0

0

0

Less: Net income attributable to non-controlling interests

33

31

32

32

25

20

15

16

17

20

24

25

27

27

28

31

33

37

36

35

32

32

31

30

30

28

28

28

29

25

25

24

23

22

21

19

18

16

16

17

14

14

14

12

0

0

0

Net income attributable to the Company

1,780

1,742

1,504

1,477

1,676

1,650

1,526

1,643

1,613

1,492

1,899

1,885

1,856

1,768

1,707

1,651

1,598

1,599

1,518

1,492

1,504

1,465

1,474

1,430

1,387

1,357

1,313

1,301

1,242

1,176

1,173

1,062

1,015

993

940

978

932

855

675

728

299

227

196

40

0

0

0

Net income per share attributable to the Company:
Basic net income per share
Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.72

0.61

0.78

0.90

0.49

0.55

0.79

0.81

0.56

0.46

0.71

0.73

0.47

0.44

0.61

0.64

0.44

0.24

0.51

0.57

0.34

0.23

-0.06

0.50

-0.02

0.38

0.28

0.33

0.03

0.10

Basic net income per share attributable to the Company (usd per share)

1.49

0.76

0.60

0.66

1.42

0.30

0.55

1.05

1.36

0.06

0.77

0.98

1.10

0.85

0.73

0.91

0.92

0.73

0.61

0.78

0.89

0.55

0.55

0.78

0.81

0.55

0.46

0.71

0.75

0.48

0.44

0.60

0.64

0.48

0.24

0.51

0.59

0.37

0.30

0.43

0.46

0.05

0.41

-0.36

0.33

-0.02

0.12

Diluted net income per share
Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.72

0.60

0.77

0.89

0.49

0.54

0.78

0.80

0.55

0.45

0.70

0.72

0.47

0.43

0.60

0.63

0.44

0.23

0.50

0.56

0.35

0.22

-0.06

0.49

-0.03

0.38

0.28

0.33

0.03

0.10

Diluted net income per share attributable to the Company (usd per share)

1.48

0.77

0.59

0.65

1.40

0.31

0.54

1.04

1.34

0.06

0.76

0.96

1.09

0.84

0.73

0.90

0.91

0.72

0.61

0.77

0.88

0.54

0.54

0.77

0.80

0.55

0.45

0.69

0.74

0.47

0.44

0.59

0.63

0.47

0.24

0.50

0.58

0.37

0.30

0.43

0.45

0.05

0.41

-0.37

0.33

-0.02

0.12

Average number of shares outstanding:
Weighted Average Number of Shares Outstanding, Basic

505

506

506

507

505

505

504

507

508

511

512

514

515

516

518

521

521

522

528

535

539

539

544

549

548

548

549

551

548

545

544

545

542

537

540

547

544

543

543

541

533

527

524

522

515

513

512

Weighted Average Number of Shares Outstanding, Diluted

510

510

511

512

511

508

510

512

514

515

519

520

522

522

523

525

526

525

533

541

545

549

551

556

556

558

558

559

557

552

552

553

551

548

549

555

552

547

548

545

536

532

526

523

515

516

512

Dividends declared per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.40

-

-

-

0.40

0.20

0.20