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Segment Information (Tables)
6 Months Ended
Jun. 30, 2012
Segment Information  
Schedule of total revenue by business segments

 

 

 

 

Three months ended June 30,

 

Six months ended June 30,

 

(in millions)

 

2012

 

2011

 

2012

 

2011

 

Risk Solutions

 

$

1,899

 

$

1,912

 

$

3,804

 

$

3,763

 

HR Solutions

 

931

 

906

 

1,876

 

1,821

 

Intersegment elimination

 

(9

)

(7

)

(18

)

(14

)

Total revenue

 

$

2,821

 

$

2,811

 

$

5,662

 

$

5,570

 

Schedule of commissions, fees and other revenues by products

 

 

 

 

Three months ended June 30,

 

Six months ended June 30,

 

(in millions)

 

2012

 

2011

 

2012

 

2011

 

Retail brokerage

 

$

1,511

 

$

1,533

 

$

3,005

 

$

2,986

 

Reinsurance brokerage

 

380

 

367

 

779

 

754

 

Total Risk Solutions Segment

 

1,891

 

1,900

 

3,784

 

3,740

 

 

 

 

 

 

 

 

 

 

 

Consulting services

 

366

 

367

 

746

 

738

 

Outsourcing

 

570

 

545

 

1,138

 

1,097

 

Intrasegment

 

(5

)

(6

)

(8

)

(14

)

Total HR Solutions Segment

 

931

 

906

 

1,876

 

1,821

 

Intersegment

 

(9

)

(7

)

(18

)

(14

)

Unallocated

 

 

 

 

 

Total commissions, fees and other revenue

 

$

2,813

 

$

2,799

 

$

5,642

 

$

5,547

 

Schedule of fiduciary investment income by business segments

 

 

 

 

Three months ended June 30,

 

Six months ended June 30,

 

(in millions)

 

2012

 

2011

 

2012

 

2011

 

Risk Solutions

 

$

8

 

$

12

 

$

20

 

$

23

 

HR Solutions

 

 

 

 

 

Total fiduciary investment income

 

$

8

 

$

12

 

$

20

 

$

23

 

Schedule of reconciliation of segment income before tax to income from continuing operations before income taxes

 

 

 

 

Three months ended June 30,

 

Six months ended June 30,

 

(in millions)

 

2012

 

2011

 

2012

 

2011

 

Risk Solutions

 

$

384

 

$

378

 

$

750

 

$

725

 

HR Solutions

 

58

 

95

 

131

 

178

 

Segment income from continuing operations before income taxes

 

442

 

473

 

881

 

903

 

Unallocated revenue

 

 

 

 

 

 

 

 

 

Unallocated expenses

 

(48

)

(33

)

(85

)

(65

)

Interest income

 

2

 

4

 

5

 

10

 

Interest expense

 

(57

)

(63

)

(116

)

(126

)

Other income (expense)

 

12

 

(29

)

12

 

(14

)

Income from continuing operations before income taxes

 

$

351

 

$

352

 

$

697

 

$

708