Marsh & McLennan Companies, Inc. (MMC)

Marsh & McLennan Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,677	2,398	3,358	1,442	1,752	2,089
Cash & Short-Term Investments	1,677	2,398	3,358	1,442	1,752	2,089
Cash Growth	1.45%	-28.59%	132.87%	-17.69%	-16.13%	80.87%
Accounts Receivable	7,687	6,450	5,758	5,236	5,063	4,649
Other Receivables	770	706	660	616	523	677
Total Trade Receivables	8,457	7,156	6,418	5,852	5,586	5,326
Other Current Assets	13,200	12,563	11,972	11,665	926	740
Total Current Assets	23,334	22,117	21,748	18,959	8,264	8,155
Net Property, Plant & Equipment	2,310	2,357	2,423	2,433	2,715	2,750
Other Intangible Assets	4,770	4,820	2,630	2,537	2,810	2,699
Goodwill	23,919	23,306	17,231	16,251	16,317	15,517
Other Long-Term Assets	4,222	3,881	3,998	3,934	4,282	3,928
Total Assets	58,555	56,481	48,030	44,114	34,388	33,049
Accounts Payable	3,434	3,402	3,403	3,278	3,165	3,050
Accrued Expenses	2,991	3,996	3,667	3,316	3,140	2,647
Short-Term Debt	769	519	1,619	268	17	517
Current Portion of Leases	335	325	312	310	332	342
Other Current Liabilities	11,871	11,276	10,794	10,660	0	0
Total Current Liabilities	19,400	19,518	19,795	17,832	6,654	6,556
Long-Term Debt	18,960	19,428	11,844	11,227	10,933	10,796
Long-Term Leases	1,546	1,590	1,661	1,667	1,880	1,924
Other Long-Term Liabilities	2,673	2,410	2,360	2,639	3,699	4,513
Total Long-Term Liabilities	23,179	23,428	15,865	15,533	16,512	17,233
Total Liabilities	42,579	42,946	35,660	33,365	23,166	23,789
Common Stock	561	561	561	561	561	561
Treasury Stock	-8,000	-7,655	-7,076	-6,207	-4,478	-3,562
Additional Paid-in Capital	1,362	1,370	1,242	1,179	1,112	943
Accumulated Other Comprehensive Income	-5,244	-6,240	-5,295	-5,314	-4,575	-5,110
Retained Earnings	27,088	25,306	22,759	20,301	18,389	16,272
Total Common Shareholders' Equity	15,767	13,342	12,191	10,520	11,009	9,104
Minority Interest	209	193	179	229	213	156
Shareholders' Equity	15,976	13,535	12,370	10,749	11,222	9,260
Total Liabilities & Equity	58,555	56,481	48,030	44,114	34,388	33,049
Total Debt	21,610	21,862	15,436	13,472	13,162	13,579
Net Cash (Debt)	-19,933	-19,464	-12,078	-12,030	-11,410	-11,490
Net Cash Per Share	-40.23	-39.24	-24.20	-23.82	-22.24	-22.44
Book Value	15,767	13,342	12,191	10,520	11,009	9,104
Book Value Per Share	31.82	26.90	24.43	20.83	21.46	17.78
Tangible Book Value	-12,922	-14,784	-7,670	-8,268	-8,118	-9,112
Tangible Book Value Per Share	-26.08	-29.81	-15.37	-16.37	-15.82	-17.80

Updated Jul 17, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q