Guarantee of Registered Securities (Tables)

12 Months Ended

Dec. 31, 2019

Guarantee of Registered Securities

Condensed Consolidating Statement of Income

Condensed Consolidating Statement of Income

	Year Ended December 31, 2019
(millions)	Aon Ireland		Aon UK			Aon Global Holdings Limited			Aon Corporation			Other Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Revenue
Total revenue	$	—	$	—		$	—		$	—		$	11,013		$	—		$	11,013
Expenses
Compensation and benefits	—		49			—			20			5,985			—			6,054
Information technology	—		—			—			—			494			—			494
Premises	—		—			—			23			316			—			339
Depreciation of fixed assets	—		—			—			—			172			—			172
Amortization and impairment of intangible assets	—		—			—			—			392			—			392
Other general expense	—		10			—			4			1,379			—			1,393
Total operating expenses	—		59			—			47			8,738			—			8,844
Operating income (loss)	—		(59		)	—			(47		)	2,275			—			2,169
Interest income	—		—			—			39			67			(98		)	8
Interest expense	—		(188		)	(81		)	(133		)	(3		)	98			(307		)
Intercompany interest income (expense)	—		21			—			(464		)	443			—			—
Intercompany other income (expense)	—		185			—			(362		)	177			—			—
Other income (expense)	—		18			—			(60		)	51			(8		)	1
Income (loss) from continuing operations before income taxes	—		(23		)	(81		)	(1,027		)	3,010			(8		)	1,871
Income tax expense (benefit)	—		(12		)	(8		)	(182		)	499			—			297
Net income (loss) from continuing operations	—		(11		)	(73		)	(845		)	2,511			(8		)	1,574
Net income (loss) from discontinued operations	—		—			—			—			(1		)	—			(1		)
Net income (loss) before equity in earnings of subsidiaries	—		(11		)	(73		)	(845		)	2,510			(8		)	1,573
Equity in earnings of subsidiaries	1,540		1,551			283			1,254			—			(4,628		)	—
Net income	1,540		1,540			210			409			2,510			(4,636		)	1,573
Less: Net income attributable to noncontrolling interests	—		—			—			—			41			—			41
Net income attributable to Aon shareholders	$	1,540	$	1,540		$	210		$	409		$	2,469		$	(4,636	)	$	1,532

Condensed Consolidating Statement of Income

	Year Ended December 31, 2018
(millions)	Aon Ireland		Aon UK			Aon Global Holdings Limited			Aon Corporation			Other Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Revenue
Total revenue	$	—	$	—		$	—		$	—		$	10,770		$	—		$	10,770
Expenses
Compensation and benefits	—		74			—			(1		)	6,030			—			6,103
Information technology	—		—			—			—			484			—			484
Premises	—		—			—			—			370			—			370
Depreciation of fixed assets	—		—			—			—			176			—			176
Amortization and impairment of intangible assets	—		—			—			—			593			—			593
Other general expense	—		4			—			90			1,406			—			1,500
Total operating expenses	—		78			—			89			9,059			—			9,226
Operating income (loss)	—		(78		)	—			(89		)	1,711			—			1,544
Interest income	—		—			—			58			60			(113		)	5
Interest expense	—		(203		)	(83		)	(101		)	(4		)	113			(278		)
Intercompany interest income (expense)	—		15			—			(514		)	499			—			—
Intercompany other income (expense)	—		65			—			(373		)	308			—			—
Other income (expense)	—		41			—			(48		)	3			(21		)	(25		)
Income (loss) from continuing operations before income taxes	—		(160		)	(83		)	(1,067		)	2,577			(21		)	1,246
Income tax expense (benefit)	—		(60		)	(15		)	(192		)	413			—			146
Net income (loss) from continuing operations	—		(100		)	(68		)	(875		)	2,164			(21		)	1,100
Net income (loss) from discontinued operations	—		—			—			—			74			—			74
Net income (loss) before equity in earnings of subsidiaries	—		(100		)	(68		)	(875		)	2,238			(21		)	1,174
Equity in earnings of subsidiaries	—		1,255			100			1,009			—			(2,364		)	—
Net income	—		1,155			32			134			2,238			(2,385		)	1,174
Less: Net income attributable to noncontrolling interests	—		—			—			—			40			—			40
Net income attributable to Aon shareholders	$	—	$	1,155		$	32		$	134		$	2,198		$	(2,385	)	$	1,134

Condensed Consolidating Statement of Income

	Year Ended December 31, 2017
(millions)	Aon Ireland		Aon UK			Aon Global Holdings Limited			Aon Corporation			Other Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Revenue
Total revenue	$	—	$	—		$	—		$	—		$	9,998		$	—		$	9,998
Expenses
Compensation and benefits	—		150			—			26			5,827			—			6,003
Information technology	—		—			—			—			419			—			419
Premises	—		—			—			—			348			—			348
Depreciation of fixed assets	—		—			—			—			187			—			187
Amortization and impairment of intangible assets	—		—			—			—			704			—			704
Other general expense	—		12			—			20			1,240			—			1,272
Total operating expenses	—		162			—			46			8,725			—			8,933
Operating income (loss)	—		(162		)	—			(46		)	1,273			—			1,065
Interest income	—		—			—			52			37			(62		)	27
Interest expense	—		(202		)	(33		)	(94		)	(15		)	62			(282		)
Intercompany interest income (expense)	—		14			1			(543		)	528			—			—
Intercompany other income (expense)	—		282			—			(385		)	103			—			—
Other income (expense)	—		(62		)	—			12			(93		)	18			(125		)
Income (loss) from continuing operations before income taxes	—		(130		)	(32		)	(1,004		)	1,833			18			685
Income tax expense (benefit)	—		(43		)	(6		)	(110		)	409			—			250
Net income (loss) from continuing operations	—		(87		)	(26		)	(894		)	1,424			18			435
Net income (loss) from discontinued operations	—		—			—			—			828			—			828
Net income (loss) before equity in earnings of subsidiaries	—		(87		)	(26		)	(894		)	2,252			18			1,263
Equity in earnings of subsidiaries	—		1,295			457			1,141			—			(2,893		)	—
Net income	—		1,208			431			247			2,252			(2,875		)	1,263
Less: Net income attributable to noncontrolling interests	—		—			—			—			37			—			37
Net income attributable to Aon shareholders	$	—	$	1,208		$	431		$	247		$	2,215		$	(2,875	)	$	1,226

Condensed Consolidating Statement of Comprehensive Income

Condensed Consolidating Statement of Comprehensive Income

	Year Ended December 31, 2019
(millions)	Aon Ireland			Aon UK			Aon Global Holdings Limited			Aon Corporation			Other Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Net income	$	1,540		$	1,540		$	210		$	409		$	2,510		$	(4,636	)	$	1,573
Less: Net income attributable to noncontrolling interests	—			—			—			—			41			—			41
Net income attributable to Aon shareholders	1,540			1,540			210			409			2,469			(4,636		)	1,532
Other comprehensive income (loss), net of tax:
Change in fair value of financial instruments	—			—			—			3			—			—			3
Foreign currency translation adjustments	—			—			—			—			6			8			14
Postretirement benefit obligation	—			—			—			(44		)	(97		)	—			(141		)
Total other comprehensive income (loss)	—			—			—			(41		)	(91		)	8			(124		)
Equity in other comprehensive income (loss) of subsidiaries, net of tax	(132		)	(132		)	(172		)	(131		)	—			567			—
Less: Other comprehensive income (loss) attributable to noncontrolling interests	—			—			—			—			—			—			—
Total other comprehensive income (loss) attributable to Aon shareholders	(132		)	(132		)	(172		)	(172		)	(91		)	575			(124		)
Comprehensive income (loss) attributable to Aon shareholders	$	1,408		$	1,408		$	38		$	237		$	2,378		$	(4,061	)	$	1,408

Condensed Consolidating Statement of Comprehensive Income

	Year Ended December 31, 2018
(millions)	Aon Ireland		Aon UK			Aon Global Holdings Limited			Aon Corporation			Other Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Net income	$	—	$	1,155		$	32		$	134		$	2,238		$	(2,385	)	$	1,174
Less: Net income attributable to noncontrolling interests	—		—			—			—			40			—			40
Net income attributable to Aon shareholders	—		1,155			32			134			2,198			(2,385		)	1,134
Other comprehensive income (loss), net of tax:
Change in fair value of financial instruments	—		—			—			—			11			—			11
Foreign currency translation adjustments	—		—			—			—			(465		)	21			(444		)
Postretirement benefit obligation	—		—			—			(2		)	19			—			17
Total other comprehensive income (loss)	—		—			—			(2		)	(435		)	21			(416		)
Equity in other comprehensive income (loss) of subsidiaries, net of tax	—		(433		)	(417		)	(415		)	—			1,265			—
Less: Other comprehensive income (loss) attributable to noncontrolling interests	—		—			—			—			(4		)	—			(4		)
Total other comprehensive income (loss) attributable to Aon shareholders	—		(433		)	(417		)	(417		)	(431		)	1,286			(412		)
Comprehensive income (loss) attributable to Aon shareholders	$	—	$	722		$	(385	)	$	(283	)	$	1,767		$	(1,099	)	$	722

Condensed Consolidating Statement of Comprehensive Income

	Year Ended December 31, 2017
(millions)	Aon Ireland		Aon UK		Aon Global Holdings Limited		Aon Corporation			Other Non-Guarantor Subsidiaries		Consolidating Adjustments			Consolidated
Net income	$	—	$	1,208	$	431	$	247		$	2,252	$	(2,875	)	$	1,263
Less: Net income attributable to noncontrolling interests	—		—		—		—			37		—			37
Net income attributable to Aon shareholders	—		1,208		431		247			2,215		(2,875		)	1,226
Other comprehensive income (loss), net of tax:
Change in fair value of financial instruments	—		—		—		3			9		—			12
Foreign currency translation adjustments	—		—		—		—			408		(18		)	390
Postretirement benefit obligation	—		—		—		(101		)	120		—			19
Total other comprehensive income (loss)	—		—		—		(98		)	537		(18		)	421
Equity in other comprehensive income (loss) of subsidiaries, net of tax	—		434		417		515			—		(1,366		)	—
Less: Other comprehensive income (loss) attributable to noncontrolling interests	—		—		—		—			5		—			5
Total other comprehensive income (loss) attributable to Aon shareholders	—		434		417		417			532		(1,384		)	416
Comprehensive income (loss) attributable to Aon shareholders	$	—	$	1,642	$	848	$	664		$	2,747	$	(4,259	)	$	1,642

Condensed Consolidating Statement of Financial Position

Condensed Consolidating Statement of Financial Position

	As of December 31, 2019
(millions)	Aon Ireland		Aon UK		Aon Global Holdings Limited		Aon Corporation			Other Non-Guarantor Subsidiaries		Consolidating Adjustments			Consolidated
Assets
Current assets
Cash and cash equivalents	$	—	$	—	$	—	$	2,271		$	2,619	$	(4,100	)	$	790
Short-term investments	—		—		—		28			110		—			138
Receivables, net	—		—		—		—			3,112		—			3,112
Fiduciary assets	—		—		—		—			11,834		—			11,834
Intercompany receivables	—		246		89		1,214			12,710		(14,259		)	—
Other current assets	—		—		—		7			595		—			602
Total current assets	—		246		89		3,520			30,980		(18,359		)	16,476
Goodwill	—		—		—		—			8,165		—			8,165
Intangible assets, net	—		—		—		—			783		—			783
Operating lease right-of-use assets	—		—		—		110			819		—			929
Fixed assets, net	—		—		—		—			621		—			621
Deferred tax assets	—		89		4		577			165		(190		)	645
Intercompany receivables	—		868		—		261			7,046		(8,175		)	—
Prepaid pension	—		—		—		7			1,209		—			1,216
Other non-current assets	—		—		—		32			538		—			570
Investment in subsidiary	3,375		8,899		12,211		19,470			—		(43,955		)	—
Total assets	$	3,375	$	10,102	$	12,304	$	23,977		$	50,326	$	(70,679	)	$	29,405
Liabilities and equity
Liabilities
Current liabilities
Accounts payable and accrued liabilities	$	—	$	2,157	$	1,994	$	56		$	1,832	$	(4,100	)	$	1,939
Short-term debt and current portion of long-term debt	—		112		—		600			—		—			712
Fiduciary liabilities	—		—		—		—			11,834		—			11,834
Intercompany payables	—		234		61		12,978			986		(14,259		)	—
Other current liabilities	—		—		—		80			1,006		—			1,086
Total current liabilities	—		2,503		2,055		13,714			15,658		(18,359		)	15,571
Long-term debt	—		4,223		—		2,404			—		—			6,627
Non-current operating lease liabilities	—		—		—		143			801		—			944
Deferred tax liabilities	—		—		—		—			389		(190		)	199
Pension, other postretirement, and other post-employment liabilities	—		—		—		1,348			390		—			1,738
Intercompany payables	—		—		—		7,212			963		(8,175		)	—
Other non-current liabilities	—		1		—		113			763		—			877
Total liabilities	—		6,727		2,055		24,934			18,964		(26,724		)	25,956
Equity
Total Aon shareholders' equity	3,375		3,375		10,249		(957		)	31,288		(43,955		)	3,375
Noncontrolling interests	—		—		—		—			74		—			74
Total equity	3,375		3,375		10,249		(957		)	31,362		(43,955		)	3,449
Total liabilities and equity	$	3,375	$	10,102	$	12,304	$	23,977		$	50,326	$	(70,679	)	$	29,405

Condensed Consolidating Statement of Financial Position

	As of December 31, 2018
(millions)	Aon Ireland		Aon UK		Aon Global Holdings Limited		Aon Corporation			Other Non-Guarantor Subsidiaries		Consolidating Adjustments			Consolidated
Assets
Current assets
Cash and cash equivalents	$	—	$	—	$	—	$	862		$	3,473	$	(3,679	)	$	656
Short-term investments	—		—		—		56			116		—			172
Receivables, net	—		—		—		—			2,760		—			2,760
Fiduciary assets	—		—		—		—			10,166		—			10,166
Intercompany receivables	—		191		20		897			11,614		(12,722		)	—
Other current assets	—		—		—		16			602		—			618
Total current assets	—		191		20		1,831			28,731		(16,401		)	14,372
Goodwill	—		—		—		—			8,171		—			8,171
Intangible assets, net	—		—		—		—			1,149		—			1,149
Fixed assets, net	—		—		—		—			588		—			588
Deferred tax assets	—		94		4		467			140		(144		)	561
Intercompany receivables	—		403		—		261			7,225		(7,889		)	—
Prepaid pension	—		—		—		5			1,128		—			1,133
Other non-current assets	—		1		—		30			417		—			448
Investment in subsidiary	—		8,433		4,421		19,031			—		(31,885		)	—
Total assets	$	—	$	9,122	$	4,445	$	21,625		$	47,549	$	(56,319	)	$	26,422
Liabilities and equity
Liabilities
Current liabilities
Accounts payable and accrued liabilities	$	—	$	274	$	3,463	$	70		$	1,815	$	(3,679	)	$	1,943
Short-term debt and current portion of long-term debt	—		250		—		—			1		—			251
Fiduciary liabilities	—		—		—		—			10,166		—			10,166
Intercompany payables	—		213		1		11,875			633		(12,722		)	—
Other current liabilities	—		—		—		69			867		—			936
Total current liabilities	—		737		3,464		12,014			13,482		(16,401		)	13,296
Long-term debt	—		4,231		—		1,762			—		—			5,993
Deferred tax liabilities	—		—		—		—			325		(144		)	181
Pension, other postretirement, and other post-employment liabilities	—		—		—		1,275			361		—			1,636
Intercompany payables	—		—		—		7,390			499		(7,889		)	—
Other non-current liabilities	—		3		—		167			927		—			1,097
Total liabilities	—		4,971		3,464		22,608			15,594		(24,434		)	22,203
Equity
Total Aon shareholders' equity	—		4,151		981		(983		)	31,887		(31,885		)	4,151
Noncontrolling interests	—		—		—		—			68		—			68
Total equity	—		4,151		981		(983		)	31,955		(31,885		)	4,219
Total liabilities and equity	$	—	$	9,122	$	4,445	$	21,625		$	47,549	$	(56,319	)	$	26,422

Condensed Consolidating Statement of Cash Flows

Condensed Consolidating Statement of Cash Flows

	Year Ended December 31, 2019
(millions)	Aon Ireland		Aon UK			Aon Global Holdings Limited			Aon Corporation			Other Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Cash flows from operating activities
Cash provided by (used for) operating activities - continuing operations	$	—	$	280		$	1,346		$	(140	)	$	2,254		$	(1,905	)	$	1,835
Cash provided by operating activities - discontinued operations	—		—			—			—			—			—			—
Cash provided by (used for) operating activities	—		280			1,346			(140		)	2,254			(1,905		)	1,835
Cash flows from investing activities
Proceeds from investments	—		—			123			29			189			(280		)	61
Payments for investments	—		—			—			(62		)	(124		)	73			(113		)
Net sales (purchases) of short-term investments — non-fiduciary	—		—			—			28			7			—			35
Acquisition of businesses, net of cash acquired	—		—			—			—			(39		)	—			(39		)
Sale of businesses, net of cash sold	—		—			—			—			52			—			52
Capital expenditures	—		—			—			—			(225		)	—			(225		)
Cash used for investing activities - continuing operations	—		—			123			(5		)	(140		)	(207		)	(229		)
Cash used for investing activities - discontinued operations	—		—			—			—			—			—			—
Cash used for investing activities	—		—			123			(5		)	(140		)	(207		)	(229		)
Cash flows from financing activities
Share repurchase	—		(1,960		)	(1,469		)	—			—			—			(1,960		)
Advances from (to) affiliates	—		2,350			—			314			(2,886		)	1,691			—
Issuance of shares for employee benefit plans	—		(131		)	—			—			—			—			(131		)
Issuance of debt	—		2,739			—			3,313			—			—			6,052
Repayment of debt	—		(2,868		)	—			(2,073		)	—			—			(4,941		)
Cash dividends to shareholders	—		(410		)	—			—			—			—			(410		)
Noncontrolling interests and other financing activities	—		—			—			—			(103		)	—			(103		)
Cash provided by (used for) financing activities - continuing operations	—		(280		)	(1,469		)	1,554			(2,989		)	1,691			(1,493		)
Cash used for financing activities - discontinued operations	—		—			—			—			—			—			—
Cash provided by (used for) financing activities	—		(280		)	(1,469		)	1,554			(2,989		)	1,691			(1,493		)
Effect of exchange rate changes on cash and cash equivalents	—		—			—			—			21			—			21
Net increase (decrease) in cash and cash equivalents	—		—			—			1,409			(854		)	(421		)	134
Cash and cash equivalents at beginning of year	—		—			—			862			3,473			(3,679		)	656
Cash and cash equivalents at end of year	$	—	$	—		$	—		$	2,271		$	2,619		$	(4,100	)	$	790

Condensed Consolidating Statement of Cash Flows

	Year Ended December 31, 2018
(millions)	Aon Ireland		Aon UK			Aon Global Holdings Limited			Aon Corporation			Other Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Cash flows from operating activities
Cash provided by operating activities - continuing operations	$	—	$	1,575		$	2,676		$	3		$	2,700		$	(5,268	)	$	1,686
Cash provided by operating activities - discontinued operations	—		—			—			—			—			—			—
Cash provided by operating activities	—		1,575			2,676			3			2,700			(5,268		)	1,686
Cash flows from investing activities
Proceeds from investments	—		—			—			24			955			(908		)	71
Payments for investments	—		(13		)	—			(47		)	(33		)	13			(80		)
Net sales (purchases) of short-term investments — non-fiduciary	—		—			—			299			49			—			348
Acquisition of businesses, net of cash acquired	—		—			—			—			(58		)	—			(58		)
Sale of businesses, net of cash sold	—		—			—			—			(10		)	—			(10		)
Capital expenditures	—		—			—			—			(240		)	—			(240		)
Cash provided by (used for) investing activities - continuing operations	—		(13		)	—			276			663			(895		)	31
Cash used for investing activities - discontinued operations	—		—			—			—			—			—			—
Cash provided by (used for) investing activities	—		(13		)	—			276			663			(895		)	31
Cash flows from financing activities
Share repurchase	—		(1,470		)	—			—			—			—			(1,470		)
Advances from (to) affiliates	—		156			(2,676		)	(2,291		)	(2,523		)	7,334			—
Issuance of shares for employee benefit plans	—		(149		)	—			—			—			—			(149		)
Issuance of debt	—		1,723			—			4,028			3			—			5,754
Repayment of debt	—		(1,441		)	—			(3,678		)	(298		)	—			(5,417		)
Cash dividends to shareholders	—		(382		)	—			—			—			—			(382		)
Noncontrolling interests and other financing activities	—		—			—			—			(35		)	—			(35		)
Cash used for financing activities - continuing operations	—		(1,563		)	(2,676		)	(1,941		)	(2,853		)	7,334			(1,699		)
Cash used for financing activities - discontinued operations	—		—			—			—			—			—			—
Cash used for financing activities	—		(1,563		)	(2,676		)	(1,941		)	(2,853		)	7,334			(1,699		)
Effect of exchange rate changes on cash and cash equivalents	—		—			—			—			(118		)	—			(118		)
Net decrease in cash and cash equivalents	—		(1		)	—			(1,662		)	392			1,171			(100		)
Cash and cash equivalents at beginning of year	—		1			—			2,524			3,081			(4,850		)	756
Cash and cash equivalents at end of year	$	—	$	—		$	—		$	862		$	3,473		$	(3,679	)	$	656

Condensed Consolidating Statement of Cash Flows

	Year Ended December 31, 2017
(millions)	Aon Ireland		Aon UK			Aon Global Holdings Limited			Aon Corporation			Other Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated
Cash flows from operating activities
Cash provided by operating activities - continuing operations	$	—	$	2,787		$	618		$	503		$	1,804		$	(5,043	)	$	669
Cash provided by operating activities - discontinued operations	—		—			—			—			65			—			65
Cash provided by operating activities	—		2,787			618			503			1,869			(5,043		)	734
Cash flows from investing activities
Proceeds from investments	—		224			1,683			587			582			(3,008		)	68
Payments for investments	—		(261		)	(1,141		)	(29		)	(2,259		)	3,626			(64		)
Net sales (purchases) of short-term investments — non-fiduciary	—		—			—			(215		)	(17		)	—			(232		)
Acquisition of businesses, net of cash acquired	—		—			—			—			(1,029		)	—			(1,029		)
Sale of businesses, net of cash sold	—		—			—			—			4,246			—			4,246
Capital expenditures	—		—			—			—			(183		)	—			(183		)
Cash provided by (used for) investing activities - continuing operations	—		(37		)	542			343			1,340			618			2,806
Cash used for investing activities - discontinued operations	—		—			—			—			(19		)	—			(19		)
Cash provided by (used for) investing activities	—		(37		)	542			343			1,321			618			2,787
Cash flows from financing activities
Share repurchase	—		(2,399		)	—			—			—			—			(2,399		)
Advances from (to) affiliates	—		426			(1,160		)	95			(1,966		)	2,605			—
Issuance of shares for employee benefit plans	—		(121		)	—			—			—			—			(121		)
Issuance of debt	—		544			—			1,100			10			—			1,654
Repayment of debt	—		(835		)	—			(1,150		)	(14		)	—			(1,999		)
Cash dividends to shareholders	—		(364		)	—			—			—			—			(364		)
Noncontrolling interests and other financing activities	—		—			—			—			(36		)	—			(36		)
Cash provided by (used for) financing activities - continuing operations	—		(2,749		)	(1,160		)	45			(2,006		)	2,605			(3,265		)
Cash used for financing activities - discontinued operations	—		—			—			—			—			—			—
Cash provided by (used for) financing activities	—		(2,749		)	(1,160		)	45			(2,006		)	2,605			(3,265		)
Effect of exchange rate changes on cash and cash equivalents	—		—			—			—			69			—			69
Net increase in cash and cash equivalents	—		1			—			891			1,253			(1,820		)	325
Cash and cash equivalents at beginning of year (1)	—		—			—			1,633			1,828			(3,030		)	431
Cash and cash equivalents at end of year	$	—	$	1		$	—		$	2,524		$	3,081		$	(4,850	)	$	756

(1) Includes $5 million of discontinued operations at December 31, 2016 .