XML 74 R19.htm IDEA: XBRL DOCUMENT v2.4.0.8
Employee Benefits
 6 Months Ended
Jun. 30, 2014
Compensation and Retirement Disclosure [Abstract]  
Employee Benefits
Employee Benefits
 
The following table provides the components of the net periodic benefit cost for Aon’s material U.K., U.S., and other significant international pension plans, which are located in the Netherlands and Canada (in millions):
 
Three months ended June 30,
 
U.K.
 
U.S.
 
Other
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
Service cost
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
4

Interest cost
58

 
51

 
32

 
28

 
12

 
11

Expected return on plan assets
(83
)
 
(74
)
 
(39
)
 
(35
)
 
(15
)
 
(14
)
Amortization of net actuarial loss
14

 
12

 
11

 
13

 
2

 
7

Total net periodic (benefit) cost
$
(11
)

$
(11
)

$
4


$
6


$
(1
)

$
8



 
Six months ended June 30,
 
U.K.
 
U.S.
 
Other
 
2014
 
2013
 
2014
 
2013
 
2014
 
2013
Service cost
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
9

Interest cost
116

 
104

 
64

 
56

 
24

 
22

Expected return on plan assets
(165
)
 
(149
)
 
(78
)
 
(69
)
 
(30
)
 
(29
)
Amortization of net actuarial loss
27

 
24

 
21

 
26

 
4

 
13

Net periodic (benefit) cost
(22
)
 
(21
)
 
7

 
13

 
(2
)
 
15

Curtailment loss (gain) and other
—

 
—

 
1

 
—

 
(3
)
 
—

Total net periodic (benefit) cost
$
(22
)
 
$
(21
)
 
$
8

 
$
13

 
$
(5
)
 
$
15




Based on current assumptions, in 2014, Aon plans to contribute $183 million, $173 million, and $29 million to its U.K., U.S. and other significant international pension plans, respectively. During the three months ended June 30, 2014, contributions of $56 million, $33 million, and $4 million were made to the Company's U.K., U.S. and other significant international pension plans, respectively. During the six months ended June 30, 2014, contributions of $121 million, $73 million, and $16 million were made to the Company's U.K., U.S. and other significant international pension plans, respectively.

During the three months ended June 30, 2013, contributions of $57 million, $35 million, and $7 million were made to the Company's U.K., U.S. and other significant international pension plans, respectively. During the six months ended June 30, 2013, contributions of $187 million, $68 million, and $44 million were made to the Company’s U.K., U.S. and other significant international pension plans, respectively.