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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,604	2,398	3,358	1,442	1,752	2,089
Cash & Short-Term Investments	1,604	2,398	3,358	1,442	1,752	2,089
Cash Growth	10.47%	-28.59%	132.87%	-17.69%	-16.13%	80.87%
Accounts Receivable	7,661	6,923	6,115	5,571	5,353	4,885
Other Receivables	713	706	659	613	518	677
Receivables	8,374	7,629	6,774	6,184	5,871	5,562
Other Current Assets	12,483	12,090	11,616	11,333	641	504
Total Current Assets	22,461	22,117	21,748	18,959	8,264	8,155
Property, Plant & Equipment	2,317	2,357	2,423	2,433	2,715	2,750
Long-Term Investments	471	541	449	396	468	533
Goodwill	23,538	23,306	17,231	16,251	16,317	15,517
Other Intangible Assets	4,736	5,294	3,149	3,029	3,285	3,180
Long-Term Deferred Tax Assets	250	237	357	358	551	702
Long-Term Deferred Charges	-	399	372	347	314	282
Other Long-Term Assets	3,242	2,230	2,301	2,341	2,474	1,930
Total Assets	57,015	56,481	48,030	44,114	34,388	33,049
Accounts Payable	3,450	3,316	3,332	3,214	3,086	2,779
Accrued Expenses	1,798	3,620	3,346	3,095	2,942	2,400
Short-Term Debt	1,048	-	-	-	-	-
Current Portion of Long-Term Debt	619	519	1,619	268	17	517
Current Portion of Leases	327	325	312	310	332	342
Current Income Taxes Payable	554	376	321	221	198	247
Other Current Liabilities	11,979	11,362	10,865	10,724	79	271
Total Current Liabilities	19,775	19,518	19,795	17,832	6,654	6,556
Long-Term Debt	18,862	19,428	11,844	11,227	10,933	10,796
Long-Term Leases	1,563	1,590	1,661	1,667	1,880	1,924
Long-Term Deferred Tax Liabilities	-	454	543	522	737	561
Other Long-Term Liabilities	1,715	1,116	1,038	1,196	1,330	1,290
Total Liabilities	42,747	42,946	35,660	33,365	23,166	23,789
Common Stock	561	561	561	561	561	561
Additional Paid-In Capital	1,253	1,370	1,242	1,179	1,112	943
Retained Earnings	25,881	25,306	22,759	20,301	18,389	16,272
Treasury Stock	-7,734	-7,655	-7,076	-6,207	-4,478	-3,562
Comprehensive Income & Other	-5,896	-6,240	-5,295	-5,314	-4,575	-5,110
Total Common Equity	14,065	13,342	12,191	10,520	11,009	9,104
Minority Interest	203	193	179	229	213	156
Shareholders' Equity	14,268	13,535	12,370	10,749	11,222	9,260
Total Liabilities & Equity	57,015	56,481	48,030	44,114	34,388	33,049
Total Debt	22,419	21,862	15,436	13,472	13,162	13,579
Net Cash (Debt)	-20,815	-19,464	-12,078	-12,030	-11,410	-11,490
Net Cash Per Share	-42.01	-39.24	-24.20	-23.82	-22.24	-22.44
Filing Date Shares Outstanding	492.73	491.13	491.66	494.57	502.77	508.19
Total Common Shares Outstanding	492.68	491.4	492	494.79	503.54	507.73
Working Capital	2,686	2,599	1,953	1,127	1,610	1,599
Book Value Per Share	28.55	27.15	24.78	21.26	21.86	17.93
Tangible Book Value	-14,209	-15,258	-8,189	-8,760	-8,593	-9,593
Tangible Book Value Per Share	-28.84	-31.05	-16.64	-17.70	-17.07	-18.89
Land	-	364	360	372	385	379
Machinery	-	696	776	772	811	1,326
Leasehold Improvements	-	1,337	1,308	1,258	1,240	1,310

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q