XML 49 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1
Employee Benefits (Tables)
6 Months Ended
Jun. 30, 2018
Retirement Benefits [Abstract]  
Components of net periodic benefit cost for the pension plans
The following table provides the components of the net periodic cost (benefit) recognized in the Condensed Consolidated Statements of Income for Aon’s material U.K., U.S., and other significant international pension plans located in the Netherlands and Canada. Service cost is reported in Compensation and benefits and all other components are reported in Other income (expense) as follows (in millions):
 
Three months ended June 30
 
U.K.
 
U.S.
 
Other
 
2018
 
2017
 
2018
 
2017
 
2018
 
2017
Service cost
$

 
$

 
$

 
$

 
$

 
$

Interest cost
29

 
30

 
25

 
24

 
7

 
6

Expected return on plan assets, net of administration expenses
(50
)
 
(49
)
 
(36
)
 
(35
)
 
(11
)
 
(11
)
Amortization of prior-service cost

 

 
1

 
1

 

 

Amortization of net actuarial loss
7

 
8

 
15

 
12

 
3

 
3

Net periodic cost (benefit)
(14
)
 
(11
)
 
5

 
2

 
(1
)
 
(2
)
Loss on pension settlement
16

 

 

 

 

 

Total net periodic cost (benefit)
$
2


$
(11
)

$
5


$
2


$
(1
)

$
(2
)

 
Six months ended June 30
 
U.K.
 
U.S.
 
Other
 
2018
 
2017
 
2018
 
2017
 
2018
 
2017
Service cost
$

 
$

 
$

 
$

 
$

 
$

Interest cost
58

 
60

 
50

 
48

 
14

 
12

Expected return on plan assets, net of administration expenses
(101
)
 
(97
)
 
(72
)
 
(70
)
 
(23
)
 
(22
)
Amortization of prior-service cost

 

 
1

 
1

 

 

Amortization of net actuarial loss
15

 
15

 
30

 
25

 
6

 
6

Net periodic cost (benefit)
(28
)
 
(22
)
 
9

 
4

 
(3
)
 
(4
)
Loss on pension settlement
23

 

 

 

 

 

Total net periodic cost (benefit)
$
(5
)
 
$
(22
)
 
$
9

 
$
4

 
$
(3
)
 
$
(4
)