XML 50 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenue        
Commissions, fees and other $ 2,873 $ 2,786 $ 8,727 $ 8,585
Fiduciary investment income 7 8 19 21
Total revenue 2,880 2,794 8,746 8,606
Expenses        
Compensation and benefits 1,707 1,666 5,166 5,103
Other general expenses 756 764 2,249 2,347
Total operating expenses 2,463 2,430 7,415 7,450
Operating income 417 364 1,331 1,156
Interest income 3 3 7 6
Interest expense (65) (53) (188) (153)
Other income 35 39 34 54
Income before income taxes 390 353 1,184 1,063
Income taxes 75 89 220 275
Net income 315 264 964 788
Less: Net income attributable to noncontrolling interests 6 8 26 30
Net income attributable to Aon shareholders $ 309 $ 256 $ 938 $ 758
Basic net income per share attributable to Aon shareholders $ 1.06 $ 0.83 $ 3.15 $ 2.42
Diluted net income per share attributable to Aon shareholders $ 1.04 $ 0.82 $ 3.11 $ 2.39
Cash dividends per share paid on ordinary shares $ 0.25 $ 0.18 $ 0.68 $ 0.51
Weighted average ordinary shares outstanding - basic (in shares) 292.3 [1] 309.5 [1] 298.1 [1] 313.2 [1]
Weighted average ordinary shares outstanding - diluted (in shares) 296.1 312.9 301.6 316.7
[1] Includes 2.9 million and 3.8 million of participating securities for the three months ended September 30, 2014 and 2013, respectively, and 3.1 million and 4.0 million of participating securities for the nine months ended September 30, 2014 and 2013, respectively.