2022 Q4 Form 10-Q Financial Statement

#000006270922000081 Filed on October 20, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $5.022B $4.770B
YoY Change -2.24% 4.08%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $3.038B $2.923B
YoY Change 4.58% 2.45%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $460.0M $169.0M
YoY Change 158.43% -5.59%
% of Gross Profit
Operating Expenses $4.342B $3.979B
YoY Change 5.41% 3.54%
Operating Profit $791.0M
YoY Change 6.89%
Interest Expense -$124.0M $118.0M
YoY Change 36.26% 10.28%
% of Operating Profit 14.92%
Other Income/Expense, Net $57.00M $57.00M
YoY Change -13.64% -17.39%
Pretax Income $613.0M $733.0M
YoY Change -36.21% 2.37%
Income Tax $142.0M $181.0M
% Of Pretax Income 23.16% 24.69%
Net Earnings $466.0M $546.0M
YoY Change -41.97% 1.68%
Net Earnings / Revenue 9.28% 11.45%
Basic Earnings Per Share $1.10
Diluted Earnings Per Share $930.1K $1.08
COMMON SHARES
Basic Shares Outstanding 496.0M shares 499.0M shares
Diluted Shares Outstanding 503.0M shares

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.442B $802.0M
YoY Change -17.69% -42.63%
Cash & Equivalents $1.442B $802.0M
Short-Term Investments
Other Short-Term Assets $1.005B $953.0M
YoY Change 8.53% 11.46%
Inventory
Prepaid Expenses
Receivables $5.852B $5.819B
Other Receivables $0.00 $0.00
Total Short-Term Assets $8.299B $7.574B
YoY Change 0.42% -3.85%
LONG-TERM ASSETS
Property, Plant & Equipment $2.433B $865.0M
YoY Change 187.25% 4.98%
Goodwill $16.25B $15.58B
YoY Change -0.4% -0.46%
Intangibles $2.537B
YoY Change -9.72%
Long-Term Investments $215.0M $222.0M
YoY Change 3.86% -32.32%
Other Assets $3.934B $1.383B
YoY Change 169.27% -9.01%
Total Long-Term Assets $25.16B $24.45B
YoY Change -3.71% -2.61%
TOTAL ASSETS
Total Short-Term Assets $8.299B $7.574B
Total Long-Term Assets $25.16B $24.45B
Total Assets $33.45B $32.02B
YoY Change -2.72% -2.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.278B $2.903B
YoY Change 3.57% 2.47%
Accrued Expenses $3.405B $2.694B
YoY Change 4.0% -0.37%
Deferred Revenue
YoY Change
Short-Term Debt $268.0M $600.0M
YoY Change 1476.47%
Long-Term Debt Due $268.0M $367.0M
YoY Change 1476.47% -28.88%
Total Short-Term Liabilities $7.172B $7.292B
YoY Change 7.78% 9.51%
LONG-TERM LIABILITIES
Long-Term Debt $11.23B $10.40B
YoY Change 2.69% 1.67%
Other Long-Term Liabilities $4.306B $1.281B
YoY Change 151.52% -18.09%
Total Long-Term Liabilities $15.53B $11.68B
YoY Change 22.84% -0.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.172B $7.292B
Total Long-Term Liabilities $15.53B $11.68B
Total Liabilities $22.71B $18.97B
YoY Change 17.65% 2.82%
SHAREHOLDERS EQUITY
Retained Earnings $20.30B $19.84B
YoY Change 10.4% 12.78%
Common Stock $1.740B $1.672B
YoY Change 4.0% 4.83%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.896B
YoY Change 43.63%
Treasury Stock Shares 64.10M shares
Shareholders Equity $10.75B $9.791B
YoY Change
Total Liabilities & Shareholders Equity $33.45B $32.02B
YoY Change -2.72% -2.91%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income $466.0M $546.0M
YoY Change -41.97% 1.68%
Depreciation, Depletion And Amortization $460.0M $169.0M
YoY Change 158.43% -5.59%
Cash From Operating Activities $1.502B $1.383B
YoY Change 4.16% 4.46%
INVESTING ACTIVITIES
Capital Expenditures -$103.0M -$128.0M
YoY Change -25.36% 9.4%
Acquisitions
YoY Change
Other Investing Activities -$384.0M $23.00M
YoY Change -12.13% -147.92%
Cash From Investing Activities -$487.0M -$105.0M
YoY Change -15.3% -36.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.074B -470.0M
YoY Change -243.39% -74.34%
NET CHANGE
Cash From Operating Activities 1.502B 1.383B
Cash From Investing Activities -487.0M -105.0M
Cash From Financing Activities -1.074B -470.0M
Net Change In Cash -59.00M 808.0M
YoY Change -103.65% -220.06%
FREE CASH FLOW
Cash From Operating Activities $1.502B $1.383B
Capital Expenditures -$103.0M -$128.0M
Free Cash Flow $1.605B $1.511B
YoY Change 1.58% 4.86%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0000062709
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Amendment Flag
AmendmentFlag
false
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P1Y
CY2022Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity Registrant Name
EntityRegistrantName
Marsh & McLennan Companies, Inc.
dei Entity Address Address Line1
EntityAddressAddressLine1
1166 Avenue of the Americas
dei Entity Address City Or Town
EntityAddressCityOrTown
New York
dei Entity Address State Or Province
EntityAddressStateOrProvince
NY
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
10036
dei City Area Code
CityAreaCode
212
dei Local Phone Number
LocalPhoneNumber
345-5000
dei Entity File Number
EntityFileNumber
1-5998
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
36-2668272
dei Security12b Title
Security12bTitle
Common Stock, par value $1.00 per share
dei Trading Symbol
TradingSymbol
MMC
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
496009506 shares
CY2022Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4770000000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4583000000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
15698000000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
14683000000 usd
CY2022Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2923000000 usd
CY2021Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2853000000 usd
us-gaap Labor And Related Expense
LaborAndRelatedExpense
9033000000 usd
us-gaap Labor And Related Expense
LaborAndRelatedExpense
8520000000 usd
CY2022Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1056000000 usd
CY2021Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
990000000 usd
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
3065000000 usd
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2837000000 usd
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
3979000000 usd
CY2021Q3 us-gaap Operating Expenses
OperatingExpenses
3843000000 usd
us-gaap Operating Expenses
OperatingExpenses
12098000000 usd
us-gaap Operating Expenses
OperatingExpenses
11357000000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
791000000 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
740000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
3600000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
3326000000 usd
CY2022Q3 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
-57000000 usd
CY2021Q3 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
-69000000 usd
us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
-178000000 usd
us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
-211000000 usd
CY2022Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
4000000 usd
CY2021Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
1000000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
6000000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
2000000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
118000000 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
107000000 usd
us-gaap Interest Expense
InterestExpense
342000000 usd
us-gaap Interest Expense
InterestExpense
335000000 usd
CY2022Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
-1000000 usd
CY2021Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
13000000 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
27000000 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
43000000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
733000000 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
716000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3469000000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3247000000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
181000000 usd
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
174000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
853000000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
880000000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
552000000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
303000000 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
542000000 usd
us-gaap Profit Loss
ProfitLoss
2616000000 usd
us-gaap Profit Loss
ProfitLoss
2367000000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6000000 usd
CY2021Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5000000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
32000000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
27000000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
546000000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
537000000 usd
us-gaap Net Income Loss
NetIncomeLoss
2584000000 usd
us-gaap Net Income Loss
NetIncomeLoss
2340000000 usd
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.10
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.16
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.61
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.08
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.56
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
498000000 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
506000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
501000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
508000000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
503000000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
513000000 shares
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.246
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
506000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
513000000 shares
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
497000000 shares
CY2021Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
505000000 shares
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
497000000 shares
CY2021Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
505000000 shares
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
94000000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
552000000 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
542000000 usd
us-gaap Profit Loss
ProfitLoss
2616000000 usd
us-gaap Profit Loss
ProfitLoss
2367000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-895000000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-346000000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-1928000000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-413000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-281000000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-204000000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-603000000 usd
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-234000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-614000000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-142000000 usd
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-1325000000 usd
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-179000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
71000000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
50000000 usd
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
148000000 usd
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
56000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-685000000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-192000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1473000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-235000000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-133000000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
350000000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1143000000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2132000000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
6000000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
5000000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
32000000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
27000000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-139000000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
345000000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1111000000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2105000000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
802000000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1752000000 usd
CY2022Q3 mmc Accrued Feesand Other Revenue Receivable Gross Current
AccruedFeesandOtherRevenueReceivableGrossCurrent
5312000000 usd
CY2021Q4 mmc Accrued Feesand Other Revenue Receivable Gross Current
AccruedFeesandOtherRevenueReceivableGrossCurrent
5093000000 usd
CY2022Q3 mmc Advanced Premiumsand Claims Receivable Gross Current
AdvancedPremiumsandClaimsReceivableGrossCurrent
144000000 usd
CY2021Q4 mmc Advanced Premiumsand Claims Receivable Gross Current
AdvancedPremiumsandClaimsReceivableGrossCurrent
136000000 usd
CY2022Q3 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
527000000 usd
CY2021Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
523000000 usd
CY2022Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
5983000000 usd
CY2021Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
5752000000 usd
CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
164000000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
166000000 usd
CY2022Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
5819000000 usd
CY2021Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
5586000000 usd
CY2022Q3 us-gaap Other Assets Current
OtherAssetsCurrent
953000000 usd
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
926000000 usd
CY2022Q3 us-gaap Assets Current
AssetsCurrent
7574000000 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
8264000000 usd
CY2022Q3 us-gaap Goodwill
Goodwill
15576000000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
16317000000 usd
CY2022Q3 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
2403000000 usd
CY2021Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
2810000000 usd
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1650000000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1589000000 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
865000000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
847000000 usd
CY2022Q3 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
2074000000 usd
CY2021Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
2270000000 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1615000000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1868000000 usd
CY2022Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
533000000 usd
CY2021Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
551000000 usd
CY2022Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1383000000 usd
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1461000000 usd
CY2022Q3 us-gaap Assets
Assets
32023000000 usd
CY2021Q4 us-gaap Assets
Assets
34388000000 usd
CY2022Q3 us-gaap Debt Current
DebtCurrent
967000000 usd
CY2021Q4 us-gaap Debt Current
DebtCurrent
17000000 usd
CY2022Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2903000000 usd
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
3165000000 usd
CY2022Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2396000000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2942000000 usd
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
298000000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
332000000 usd
CY2022Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
432000000 usd
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
198000000 usd
CY2022Q3 us-gaap Dividends Payable Current
DividendsPayableCurrent
296000000 usd
CY2021Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
0 usd
CY2022Q3 us-gaap Liabilities Current
LiabilitiesCurrent
7292000000 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
6654000000 usd
CY2022Q3 mmc Fiduciary Liabilities Gross Noncurrent
FiduciaryLiabilitiesGrossNoncurrent
10608000000 usd
CY2021Q4 mmc Fiduciary Liabilities Gross Noncurrent
FiduciaryLiabilitiesGrossNoncurrent
9622000000 usd
CY2022Q3 mmc Cashand Investments Heldin Fiduciary Capacity Noncurrent
CashandInvestmentsHeldinFiduciaryCapacityNoncurrent
10608000000 usd
CY2021Q4 mmc Cashand Investments Heldin Fiduciary Capacity Noncurrent
CashandInvestmentsHeldinFiduciaryCapacityNoncurrent
9622000000 usd
CY2022Q3 mmc Fiduciary Liabilities Net Noncurrent
FiduciaryLiabilitiesNetNoncurrent
0 usd
CY2021Q4 mmc Fiduciary Liabilities Net Noncurrent
FiduciaryLiabilitiesNetNoncurrent
0 usd
CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
10399000000 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
10933000000 usd
CY2022Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1309000000 usd
CY2021Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
1632000000 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1620000000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1880000000 usd
CY2022Q3 mmc Liability For Errors And Omissions
LiabilityForErrorsAndOmissions
331000000 usd
CY2021Q4 mmc Liability For Errors And Omissions
LiabilityForErrorsAndOmissions
355000000 usd
CY2022Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1281000000 usd
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1712000000 usd
CY2022Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 usd
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 usd
CY2022Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
6000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
6000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1600000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1600000000 shares
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
560641640 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
560641640 shares
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
561000000 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
561000000 usd
CY2022Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1111000000 usd
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1112000000 usd
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
19837000000 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
18389000000 usd
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-6048000000 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4575000000 usd
CY2022Q3 us-gaap Minority Interest
MinorityInterest
226000000 usd
CY2021Q4 us-gaap Minority Interest
MinorityInterest
213000000 usd
CY2022Q3 mmc Stockholders Equity Subtotal Before Treasury Stock
StockholdersEquitySubtotalBeforeTreasuryStock
15687000000 usd
CY2021Q4 mmc Stockholders Equity Subtotal Before Treasury Stock
StockholdersEquitySubtotalBeforeTreasuryStock
15700000000 usd
CY2022Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
64102660 shares
CY2021Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
57105619 shares
CY2022Q3 us-gaap Treasury Stock Value
TreasuryStockValue
5896000000 usd
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
4478000000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9791000000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11222000000 usd
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
32023000000 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
34388000000 usd
us-gaap Profit Loss
ProfitLoss
2616000000 usd
us-gaap Profit Loss
ProfitLoss
2367000000 usd
us-gaap Depreciation
Depreciation
259000000 usd
us-gaap Depreciation
Depreciation
291000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
258000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
278000000 usd
mmc Leases Right Of Use Asset Amortization
LeasesRightOfUseAssetAmortization
223000000 usd
mmc Leases Right Of Use Asset Amortization
LeasesRightOfUseAssetAmortization
241000000 usd
mmc Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Assets And Liabilities
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAssetsAndLiabilities
0 usd
mmc Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Assets And Liabilities
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAssetsAndLiabilities
-16000000 usd
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
-39000000 usd
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
0 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
27000000 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
43000000 usd
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
112000000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.271
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
37000000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
283000000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
263000000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
745000000 usd
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
604000000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
14000000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
276000000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-451000000 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-20000000 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
156000000 usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
196000000 usd
mmc Pensionand Other Postretirement Benefit Contributions In Excessof Current Year Expense
PensionandOtherPostretirementBenefitContributionsInExcessofCurrentYearExpense
306000000 usd
mmc Pensionand Other Postretirement Benefit Contributions In Excessof Current Year Expense
PensionandOtherPostretirementBenefitContributionsInExcessofCurrentYearExpense
282000000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
28000000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-22000000 usd
mmc Increase Decreasein Operating Lease Liabilities
IncreaseDecreaseinOperatingLeaseLiabilities
-244000000 usd
CY2022Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.009
mmc Increase Decreasein Operating Lease Liabilities
IncreaseDecreaseinOperatingLeaseLiabilities
-262000000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1963000000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2074000000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1600000000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
734000000 usd
us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
600000000 usd
us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
0 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
14000000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
512000000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
194000000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
99000000 usd
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
89000000 usd
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
115000000 usd
mmc Payments For Acquisitions Deferred And Contingent Consideration
PaymentsForAcquisitionsDeferredAndContingentConsideration
144000000 usd
mmc Payments For Acquisitions Deferred And Contingent Consideration
PaymentsForAcquisitionsDeferredAndContingentConsideration
110000000 usd
mmc Receipts Of Contingent Consideration For Dispositions
ReceiptsOfContingentConsiderationForDispositions
3000000 usd
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.012
mmc Receipts Of Contingent Consideration For Dispositions
ReceiptsOfContingentConsiderationForDispositions
71000000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
20000000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
27000000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
840000000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
750000000 usd
mmc Increase Decrease In Fiduciary Liabilities
IncreaseDecreaseInFiduciaryLiabilities
2148000000 usd
mmc Increase Decrease In Fiduciary Liabilities
IncreaseDecreaseInFiduciaryLiabilities
1919000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
28000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-127000000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
367000000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
268000000 usd
us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
19000000 usd
us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
28000000 usd
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
84000000 usd
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
30000000 usd
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
138000000 usd
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.009
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
84000000 usd
mmc Payments To Acquire Businesses Net Of Cash Acquired And Cash Held In A Fiduciary Capacity Acquired
PaymentsToAcquireBusinessesNetOfCashAcquiredAndCashHeldInAFiduciaryCapacityAcquired
213000000 usd
mmc Payments To Acquire Businesses Net Of Cash Acquired And Cash Held In A Fiduciary Capacity Acquired
PaymentsToAcquireBusinessesNetOfCashAcquiredAndCashHeldInAFiduciaryCapacityAcquired
384000000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-14000000 usd
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
6000000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-363000000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-572000000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1592000000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-243000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
36000000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1132000000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11374000000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10674000000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11410000000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11806000000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
802000000 usd
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1398000000 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10608000000 usd
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10408000000 usd
us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
74000000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11410000000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11806000000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9791000000 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9888000000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9791000000 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9888000000 usd
CY2022Q3 mmc Common Stock Dividends Per Share Cash Declared
CommonStockDividendsPerShareCashDeclared
1.180
CY2021Q3 mmc Common Stock Dividends Per Share Cash Declared
CommonStockDividendsPerShareCashDeclared
1.070
mmc Common Stock Dividends Per Share Cash Declared
CommonStockDividendsPerShareCashDeclared
2.250
mmc Common Stock Dividends Per Share Cash Declared
CommonStockDividendsPerShareCashDeclared
2.000
us-gaap Nature Of Operations
NatureOfOperations
Nature of Operations <div style="margin-top:5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Marsh &amp; McLennan Companies, Inc. (the "Company"), a global professional services firm, is organized based on the different services that it offers. Under this structure, the Company’s two business segments are Risk and Insurance Services and Consulting.</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Risk and Insurance Services segment ("RIS") provides risk management solutions (risk advice, risk transfer and risk control and mitigation) as well as insurance and reinsurance broking and services for businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Company conducts business in this segment through Marsh and Guy Carpenter. Marsh provides data-driven risk advisory services and solutions to commercial and consumer clients. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and identify and capitalize on emerging opportunities.</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company conducts business in its Consulting segment through Mercer and Oliver Wyman Group. Mercer delivers advice and solutions that help organizations create a dynamic world of work, shape retirement and investment outcomes, and unlock health and well being for a changing workforce. Oliver Wyman Group serves as critical strategic, economic and brand advisor to private sector and governmental clients.</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Deconsolidation of Russia</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">On February 24, 2022, Russian forces launched a military invasion of Ukraine. In response, the United States, the European Union, United Kingdom and other governments have imposed significant economic sanctions on Russia, and Russia has responded with counter-sanctions. The war in Ukraine has disrupted international commerce and the global economy.</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">In the first quarter of 2022, the Company concluded that it did not meet the accounting criteria for control over its wholly-owned Russian businesses due to the evolving trade and economic sanctions, and recorded a loss of $52 million on the deconsolidation of the Russian businesses and other related charges.</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:115%">In June 2022, the Company entered into a definitive agreement to exit its businesses in Russia and transfer ownership to local management pending regulatory approvals. Refer to Note 8, Acquisitions and Dispositions, for additional information on the deconsolidation of the Russian businesses.</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company continues to monitor the ongoing situation and its potential impact on our business, financial condition, results of operations and cash flows.</span></div><div style="margin-top:5pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Business Update related to COVID-19</span></div>For nearly three years, the COVID-19 pandemic has impacted businesses globally including in every geography in which the Company operates. Our businesses have remained resilient throughout the pandemic and demand for our advice and services remains strong. The ultimate extent of the impact of COVID-19 to the Company will depend on future developments that it is unable to predict.
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2022Q1 mmc Deconsolidation Gain Loss And Other Charges Amount
DeconsolidationGainLossAndOtherChargesAmount
-52000000 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
295000000 usd
mmc Equity Method Investment Lag Period
EquityMethodInvestmentLagPeriod
P3M
CY2022Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
-1000000 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
27000000 usd
CY2021Q3 us-gaap Gain Loss On Investments
GainLossOnInvestments
13000000 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
43000000 usd
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.246
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.242
CY2021Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.009
CY2021Q2 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
100000000 usd
us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.031
CY2022Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
107000000 usd
mmc Revenue From Contract With Customer Threshold Percentage Of Total Revenue
RevenueFromContractWithCustomerThresholdPercentageOfTotalRevenue
0.02
CY2022Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
370000000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
290000000 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
783000000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
776000000 usd
CY2022Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
75000000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
529000000 usd
CY2021Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
131000000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
511000000 usd
CY2022Q3 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
13000000 usd
CY2021Q3 us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
6000000 usd
us-gaap Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
68000000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
98000000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
66000000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
39000000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
21000000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
10000000 usd
CY2022Q3 mmc Uncollected Premiumsand Claims Netof Related Payables
UncollectedPremiumsandClaimsNetofRelatedPayables
12500000000 usd
CY2021Q4 mmc Uncollected Premiumsand Claims Netof Related Payables
UncollectedPremiumsandClaimsNetofRelatedPayables
13000000000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
498000000 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
506000000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
501000000 shares
CY2022Q3 us-gaap Profit Loss
ProfitLoss
552000000 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
542000000 usd
us-gaap Profit Loss
ProfitLoss
2616000000 usd
us-gaap Profit Loss
ProfitLoss
2367000000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6000000 usd
CY2021Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5000000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
32000000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
27000000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
546000000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
537000000 usd
us-gaap Net Income Loss
NetIncomeLoss
2584000000 usd
us-gaap Net Income Loss
NetIncomeLoss
2340000000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
508000000 shares
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
5000000 shares
CY2021Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
7000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
5000000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
5000000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
503000000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
513000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
506000000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
513000000 shares
CY2022Q3 mmc Average Share Price Common Stock
AverageSharePriceCommonStock
160.14
CY2021Q3 mmc Average Share Price Common Stock
AverageSharePriceCommonStock
151.22
mmc Average Share Price Common Stock
AverageSharePriceCommonStock
159.35
mmc Average Share Price Common Stock
AverageSharePriceCommonStock
133.41
mmc Business Combination Consideration Transferred Assets Acquired
BusinessCombinationConsiderationTransferredAssetsAcquired
236000000 usd
mmc Business Combination Consideration Transferred Assets Acquired
BusinessCombinationConsiderationTransferredAssetsAcquired
601000000 usd
mmc Business Combination Acquisition Related Deposit
BusinessCombinationAcquisitionRelatedDeposit
24000000 usd
mmc Business Combination Acquisition Related Deposit
BusinessCombinationAcquisitionRelatedDeposit
0 usd
mmc Business Combination Consideration Transferred Fiduciary Liabilities Assumed
BusinessCombinationConsiderationTransferredFiduciaryLiabilitiesAssumed
2000000 usd
mmc Business Combination Consideration Transferred Fiduciary Liabilities Assumed
BusinessCombinationConsiderationTransferredFiduciaryLiabilitiesAssumed
17000000 usd
us-gaap Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
28000000 usd
us-gaap Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
59000000 usd
mmc Business Combination Contingentand Deferred Consideration
BusinessCombinationContingentandDeferredConsideration
17000000 usd
mmc Business Combination Contingentand Deferred Consideration
BusinessCombinationContingentandDeferredConsideration
141000000 usd
mmc Payments To Acquire Businesses Net Of Cash Acquired And Cash Held In A Fiduciary Capacity Acquired
PaymentsToAcquireBusinessesNetOfCashAcquiredAndCashHeldInAFiduciaryCapacityAcquired
213000000 usd
mmc Payments To Acquire Businesses Net Of Cash Acquired And Cash Held In A Fiduciary Capacity Acquired
PaymentsToAcquireBusinessesNetOfCashAcquiredAndCashHeldInAFiduciaryCapacityAcquired
384000000 usd
us-gaap Interest Paid Net
InterestPaidNet
388000000 usd
us-gaap Interest Paid Net
InterestPaidNet
407000000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
697000000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
686000000 usd
mmc Paymentof Contingent Consideration
PaymentofContingentConsideration
38000000 usd
us-gaap Stock Issued1
StockIssued1
225000000 usd
mmc Paymentof Contingent Consideration
PaymentofContingentConsideration
46000000 usd
mmc Proceeds From Contingent Consideration Prior Period Dispositions
ProceedsFromContingentConsiderationPriorPeriodDispositions
0 usd
mmc Proceeds From Contingent Consideration Prior Period Dispositions
ProceedsFromContingentConsiderationPriorPeriodDispositions
19000000 usd
mmc Fair Value Measurementwith Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Includedin Earnings Net
FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedinEarningsNet
-38000000 usd
mmc Fair Value Measurementwith Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Includedin Earnings Net
FairValueMeasurementwithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedinEarningsNet
-11000000 usd
mmc Adjustments And Payments Related To Contingent Consideration
AdjustmentsAndPaymentsRelatedToContingentConsideration
0 usd
mmc Adjustments And Payments Related To Contingent Consideration
AdjustmentsAndPaymentsRelatedToContingentConsideration
16000000 usd
mmc Payments For Previous Acquisition Contingent Consideration
PaymentsForPreviousAcquisitionContingentConsideration
28000000 usd
mmc Payments For Previous Acquisition Contingent Consideration
PaymentsForPreviousAcquisitionContingentConsideration
26000000 usd
mmc Payments For Previous Acquisition Deferred Consideration
PaymentsForPreviousAcquisitionDeferredConsideration
116000000 usd
mmc Payments For Previous Acquisition Deferred Consideration
PaymentsForPreviousAcquisitionDeferredConsideration
84000000 usd
mmc Payments For Previous Acquisition Deferredand Contingent Consideration
PaymentsForPreviousAcquisitionDeferredandContingentConsideration
144000000 usd
mmc Payments For Previous Acquisition Deferredand Contingent Consideration
PaymentsForPreviousAcquisitionDeferredandContingentConsideration
110000000 usd
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
5300000 shares
mmc Proceeds From Previous Disposition Contingent Consideration
ProceedsFromPreviousDispositionContingentConsideration
3000000 usd
mmc Proceeds From Previous Disposition Contingent Consideration
ProceedsFromPreviousDispositionContingentConsideration
71000000 usd
us-gaap Stock Issued1
StockIssued1
366000000 usd
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
89000000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
283000000 usd
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
87000000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
263000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-614000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
71000000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-685000000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-142000000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
50000000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-192000000 usd
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-1325000000 usd
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
148000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1473000000 usd
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-179000000 usd
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
56000000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-235000000 usd
us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
227000000 usd
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
210000000 usd
mmc Business Combination Contingentand Deferred Consideration
BusinessCombinationContingentandDeferredConsideration
17000000 usd
mmc Payments For Previous Acquisition Deferred Consideration
PaymentsForPreviousAcquisitionDeferredConsideration
116000000 usd
CY2022Q3 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic
1.10
CY2021Q3 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic
1.07
us-gaap Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
82000000 usd
us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
546000000 usd
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
405000000 usd
mmc Business Combination Contingentand Deferred Consideration
BusinessCombinationContingentandDeferredConsideration
141000000 usd
CY2022Q1 us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
-39000000 usd
CY2022Q3 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
4779000000 usd
CY2021Q3 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
4652000000 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
15748000000 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
14912000000 usd
CY2022Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
548000000 usd
CY2021Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
543000000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
2594000000 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
2358000000 usd
us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic
5.18
us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic
4.65
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
207000000 usd
CY2022Q3 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted
1.09
CY2021Q3 us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted
1.06
us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted
5.12
us-gaap Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Diluted
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareDiluted
4.59
CY2021Q4 us-gaap Goodwill
Goodwill
16317000000 usd
CY2020Q4 us-gaap Goodwill
Goodwill
15517000000 usd
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
139000000 usd
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
374000000 usd
us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-880000000 usd
us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-243000000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
734000000 usd
CY2022Q3 us-gaap Goodwill
Goodwill
15576000000 usd
CY2022Q3 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
17000000 usd
CY2021Q3 us-gaap Goodwill
Goodwill
15648000000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4099000000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1696000000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2403000000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4431000000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1621000000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2810000000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
84000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
258000000 usd
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
89000000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
278000000 usd
CY2022Q3 us-gaap Equity Method Investments
EquityMethodInvestments
222000000 usd
CY2021Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
75000000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
86000000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
301000000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
283000000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
252000000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
234000000 usd
CY2022Q3 mmc Finite Lived Intangible Asset Expected Amortizationafter Year Four
FiniteLivedIntangibleAssetExpectedAmortizationafterYearFour
1247000000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2403000000 usd
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
11000000 usd
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
3000000 usd
CY2022Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
38000000 usd
CY2021Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
36000000 usd
CY2022Q3 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
62000000 usd
CY2022Q3 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
-4000000 usd
mmc Net Investment Hedge Threshold Percentageofthe Equity Balance
NetInvestmentHedgeThresholdPercentageoftheEquityBalance
0.80
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
179000000 usd
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
84000000 usd
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
93000000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
262000000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
282000000 usd
CY2022Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1000000 usd
CY2021Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1000000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
3000000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
4000000 usd
CY2022Q3 us-gaap Variable Lease Cost
VariableLeaseCost
35000000 usd
CY2021Q3 us-gaap Variable Lease Cost
VariableLeaseCost
38000000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
99000000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
101000000 usd
CY2022Q3 us-gaap Sublease Income
SubleaseIncome
3000000 usd
CY2021Q3 us-gaap Sublease Income
SubleaseIncome
3000000 usd
us-gaap Sublease Income
SubleaseIncome
12000000 usd
us-gaap Sublease Income
SubleaseIncome
16000000 usd
CY2022Q3 us-gaap Lease Cost
LeaseCost
117000000 usd
CY2021Q3 us-gaap Lease Cost
LeaseCost
129000000 usd
us-gaap Lease Cost
LeaseCost
352000000 usd
us-gaap Lease Cost
LeaseCost
371000000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
286000000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
310000000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
148000000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
282000000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
90000000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
341000000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
302000000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
272000000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
250000000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
216000000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1600000000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
690000000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2161000000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
243000000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
1918000000 usd
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
298000000 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1620000000 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
1918000000 usd
CY2022Q3 mmc Lessee Operating Lease Lease Not Yet Commenced Amount
LesseeOperatingLeaseLeaseNotYetCommencedAmount
39000000 usd
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
367000000 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
17000000 usd
CY2022Q3 us-gaap Debt Current
DebtCurrent
967000000 usd
CY2021Q4 us-gaap Debt Current
DebtCurrent
17000000 usd
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
10766000000 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
10950000000 usd
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
367000000 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
17000000 usd
CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
10399000000 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
10933000000 usd
CY2022Q3 us-gaap Commercial Paper
CommercialPaper
600000000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
3100000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
3100000 shares
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.590
CY2022Q3 mmc Stockholders Equity Increase Decrease To Quarterly Dividend Percent
StockholdersEquityIncreaseDecreaseToQuarterlyDividendPercent
0.10
mmc Common Stock Approved Quarterly Dividend
CommonStockApprovedQuarterlyDividend
0.535
CY2022Q3 mmc Common Stock Approved Quarterly Dividend
CommonStockApprovedQuarterlyDividend
0.590
CY2022Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4770000000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
791000000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
15698000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
3600000000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4583000000 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
740000000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
14683000000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
3326000000 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4770000000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4583000000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
15698000000 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
14683000000 usd

Files In Submission

Name View Source Status
0000062709-22-000081-index-headers.html Edgar Link pending
0000062709-22-000081-index.html Edgar Link pending
0000062709-22-000081.txt Edgar Link pending
0000062709-22-000081-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
image_2.jpg Edgar Link pending
image_3.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
mmc-20220930.htm Edgar Link pending
mmc-20220930.xsd Edgar Link pending
mmc-20220930_g1.jpg Edgar Link pending
mmc0930202210qex_102.htm Edgar Link pending
mmc0930202210qex_311.htm Edgar Link pending
mmc0930202210qex_312.htm Edgar Link pending
mmc0930202210qex_321.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
mmc-20220930_cal.xml Edgar Link unprocessable
mmc-20220930_def.xml Edgar Link unprocessable
mmc-20220930_pre.xml Edgar Link unprocessable
mmc-20220930_lab.xml Edgar Link unprocessable
mmc-20220930_htm.xml Edgar Link completed
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable