Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2019

Selected quarterly financial data for the years ended December 31, 2019 and 2018 are as follows (in millions, except per share data):



	1Q		2Q		3Q			4Q		2019
Income Statement Data
Total revenue	$	3,143	$	2,606	$	2,379		$	2,885	$	11,013
Operating income	872		413		360			524		2,169
Net income from continuing operations	676		287		229			382		1,574
Income from discontinued operations, net of tax	—		—		(1		)	—		(1		)
Net income	676		287		228			382		1,573
Less: Net income attributable to noncontrolling interests	17		10		6			8		41
Net income attributable to Aon shareholders	$	659	$	277	$	222		$	374	$	1,532
Per Share Data
Basic net income per share attributable to Aon shareholders
Continuing operations	$	2.72	$	1.15	$	0.94		$	1.59	$	6.42
Discontinued operations	—		—		—			—		—
Net income	$	2.72	$	1.15	$	0.94		$	1.59	$	6.42
Diluted net income per share attributable to Aon shareholders
Continuing operations	$	2.70	$	1.14	$	0.93		$	1.58	$	6.37
Discontinued operations	—		—		—			—		—
Net income	$	2.70	$	1.14	$	0.93		$	1.58	$	6.37



	1Q		2Q			3Q			4Q		2018
Income Statement Data
Total revenue	$	3,090	$	2,561		$	2,349		$	2,770	$	10,770
Operating income	799		(16		)	262			499		1,544
Net income from continuing operations	604		57			155			284		1,100
Income from discontinued operations, net of tax	6		1			(2		)	69		74
Net income	610		58			153			353		1,174
Less: Net income attributable to noncontrolling interests	16		10			6			8		40
Net income attributable to Aon shareholders	$	594	$	48		$	147		$	345	$	1,134
Per Share Data
Basic net income per share attributable to Aon shareholders
Continuing operations	$	2.37	$	0.19		$	0.61		$	1.14	$	4.32
Discontinued operations	0.02		0.01			(0.01		)	0.28		0.30
Net income	$	2.39	$	0.20		$	0.60		$	1.42	$	4.62
Diluted net income per share attributable to Aon shareholders
Continuing operations	$	2.35	$	0.19		$	0.61		$	1.13	$	4.29
Discontinued operations	0.02		—			(0.01		)	0.28		0.30
Net income	$	2.37	$	0.19		$	0.60		$	1.41	$	4.59