Marsh & McLennan Companies, Inc. (MMC)

Marsh & McLennan Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,798	3,358	1,442	1,752	2,089	1,155
Cash & Short-Term Investments	1,798	3,358	1,442	1,752	2,089	1,155
Cash Growth	-38.02%	132.87%	-17.69%	-16.13%	80.87%	8.35%
Accounts Receivable	7,153	6,115	5,571	5,353	4,885	4,798
Other Receivables	702	659	613	518	677	645
Receivables	7,855	6,774	6,184	5,871	5,562	5,443
Other Current Assets	12,633	11,616	11,333	641	504	470
Total Current Assets	22,286	21,748	18,959	8,264	8,155	7,068
Property, Plant & Equipment	2,371	2,423	2,433	2,715	2,750	2,779
Long-Term Investments	472	449	396	468	533	612
Goodwill	18,235	17,231	16,251	16,317	15,517	14,671
Other Intangible Assets	2,720	3,149	3,029	3,285	3,180	3,270
Long-Term Deferred Tax Assets	242	357	358	551	702	676
Long-Term Deferred Charges	-	372	347	314	282	252
Other Long-Term Assets	3,538	2,301	2,341	2,474	1,930	2,029
Total Assets	49,864	48,030	44,114	34,388	33,049	31,357
Accounts Payable	3,099	3,332	3,214	3,086	2,779	2,746
Accrued Expenses	2,785	3,346	3,095	2,942	2,400	2,197
Current Portion of Long-Term Debt	518	1,619	268	17	517	1,215
Current Portion of Leases	313	312	310	332	342	342
Current Income Taxes Payable	565	321	221	198	247	179
Other Current Liabilities	12,324	10,865	10,724	79	271	-
Total Current Liabilities	19,604	19,795	17,832	6,654	6,556	6,679
Long-Term Debt	12,330	11,844	11,227	10,933	10,796	10,741
Long-Term Leases	1,618	1,661	1,667	1,880	1,924	1,926
Long-Term Deferred Tax Liabilities	-	543	522	737	561	565
Other Long-Term Liabilities	1,726	1,038	1,196	1,330	1,290	1,167
Total Liabilities	35,982	35,660	33,365	23,166	23,789	23,414
Common Stock	561	561	561	561	561	561
Additional Paid-In Capital	1,289	1,242	1,179	1,112	943	862
Retained Earnings	24,520	22,759	20,301	18,389	16,272	15,199
Treasury Stock	-7,692	-7,076	-6,207	-4,478	-3,562	-3,774
Comprehensive Income & Other	-4,990	-5,295	-5,314	-4,575	-5,110	-5,055
Total Common Equity	13,688	12,191	10,520	11,009	9,104	7,793
Minority Interest	194	179	229	213	156	150
Shareholders' Equity	13,882	12,370	10,749	11,222	9,260	7,943
Total Liabilities & Equity	49,864	48,030	44,114	34,388	33,049	31,357
Total Debt	14,779	15,436	13,472	13,162	13,579	14,224
Net Cash (Debt)	-12,981	-12,078	-12,030	-11,410	-11,490	-13,069
Net Cash Per Share	-26.13	-24.20	-23.82	-22.24	-22.44	-25.58
Filing Date Shares Outstanding	491.12	491.66	494.57	502.77	508.19	503.9
Total Common Shares Outstanding	491.03	492	494.79	503.54	507.73	503.63
Working Capital	2,682	1,953	1,127	1,610	1,599	389
Book Value Per Share	27.88	24.78	21.26	21.86	17.93	15.47
Tangible Book Value	-7,267	-8,189	-8,760	-8,593	-9,593	-10,148
Tangible Book Value Per Share	-14.80	-16.64	-17.70	-17.07	-18.89	-20.15
Land	-	360	372	385	379	377
Machinery	-	776	772	811	1,326	1,268
Leasehold Improvements	-	1,308	1,258	1,240	1,310	1,214

Source: S&P Capital IQ. Standard template. Financial Sources.