REG-Marsh & McLennan Marsh & McLennan Companies Reports Third Quarter 2017 Results <Origin Href="QuoteRef">MMC.N</Origin> - Part 2

Marsh & McLennan CompaniesAnnouncement

26/10/2017 12:01

- Part 2: For the preceding part double click  ID:nBwc2NgXda 

71               $    61              $    206              $    188    
                                                                                                                                  
 Consulting                                                                                                                       
 Compensation and Benefits                           $    825              $    807             $    2,583            $    2,506  
 Other operating expenses                            433                   398                  1,269                 1,186       
 Total Expenses                                      $    1,258            $    1,205           $    3,852            $    3,692  
                                                                                                                                  
 Depreciation and amortization expense               $    25               $    25              $    76               $    75     
 Identified intangible amortization expense          7                     6                    22                    16          
 Total                                               $    32               $    31              $    98               $    91     
                                                                                                                                  

                                                                                                                                   
 Marsh & McLennan Companies, Inc.Consolidated Balance Sheets(Millions)                                                             
                                                                                                                                   
                                                                   (Unaudited)September 30, 2017           December 31,2016        
 ASSETS                                                                                                                            
                                                                                                                                   
 Current assets:                                                                                                                   
 Cash and cash equivalents                                         $           1,078                       $       1,026           
 Net receivables                                                   3,909                                   3,643                   
 Other current assets                                              228                                     215                     
 Total current assets                                              5,215                                   4,884                   
                                                                                                                                   
 Goodwill and intangible assets                                    10,420                                  9,495                   
 Fixed assets, net                                                 728                                     725                     
 Pension related assets                                            1,155                                   776                     
 Deferred tax assets                                               947                                     1,097                   
 Other assets                                                      1,225                                   1,213                   
 TOTAL ASSETS                                                      $           19,690                      $       18,190          
                                                                                                                                   
 LIABILITIES AND EQUITY                                                                                                            
                                                                                                                                   
 Current liabilities:                                                                                                              
 Short-term debt                                                   $           13                          $       312             
 Accounts payable and accrued liabilities                          2,002                                   1,969                   
 Accrued compensation and employee benefits                        1,377                                   1,655                   
 Accrued income taxes                                              229                                     146                     
 Dividends payable                                                 193                                     —                       
 Total current liabilities                                         3,814                                   4,082                   
                                                                                                                                   
 Fiduciary liabilities                                             5,128                                   4,241                   
 Less - cash and investments held in a fiduciary capacity          (5,128                  )               (4,241          )       
                                                                   —                                       —                       
 Long-term debt                                                    5,475                                   4,495                   
 Pension, post-retirement and post-employment benefits             1,948                                   2,076                   
 Liabilities for errors and omissions                              316                                     308                     
 Other liabilities                                                 1,006                                   957                     
                                                                                                                                   
 Total equity                                                      7,131                                   6,272                   
 TOTAL LIABILITIES AND EQUITY                                      $           19,690                      $       18,190          
                                                                                                                                   


Marsh & McLennan CompaniesMedia:Laura Schooler, +1 212 345
0370laura.schooler@mmc.com (mailto:laura.schooler@mmc.com) orInvestors:Dan
Farrell, +1 212 345 3713daniel.farrell@mmc.com (mailto:daniel.farrell@mmc.com)

LEI : 549300XMP3KDCKJXIU47





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