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Guarantee of Registered Securities (Tables)
 3 Months Ended
Mar. 31, 2019
Guarantee of Registered Securities [Abstract]  
Condensed Consolidating Statements of Income Condensed Consolidating Statement of Income
 
 
Three Months Ended March 31, 2019
(millions)
 
Aon plc
 
Aon Corporation
 
Other Non-Guarantor Subsidiaries
 
Consolidating Adjustments
 
Consolidated
Revenue
 
 
 
 
 
 
 
 
 
 
Total revenue
 
$
—

 
$
—

 
$
3,143

 
$
—

 
$
3,143

Expenses
 
 
 
 
 
 
 
 
 
 
Compensation and benefits
 
20

 
8

 
1,556

 
—

 
1,584

Information technology
 
—

 
—

 
117

 
—

 
117

Premises
 
—

 
4

 
83

 
—

 
87

Depreciation of fixed assets
 
—

 
—

 
40

 
—

 
40

Amortization and impairment of intangible assets
 
—

 
—

 
97

 
—

 
97

Other general expenses (income)
 
—

 
(4
)
 
350

 
—

 
346

Total operating expenses
 
20

 
8

 
2,243

 
—

 
2,271

Operating income (loss)
 
(20
)
 
(8
)
 
900

 
—

 
872

Interest income
 
—

 
9

 
—

 
(7
)
 
2

Interest expense
 
(46
)
 
(28
)
 
(5
)
 
7

 
(72
)
Intercompany interest income (expense)
 
4

 
(116
)
 
112

 
—

 
—

Intercompany other income (expense)
 
31

 
(99
)
 
68

 
—

 
—

Other income (expense)
 
5

 
(11
)
 
8

 
(2
)
 
—

Income (loss) from continuing operations before income taxes
 
(26
)
 
(253
)
 
1,083

 
(2
)
 
802

Income tax expense (benefit)
 
(5
)
 
(42
)
 
173

 
—

 
126

Net income (loss) from continuing operations
 
(21
)
 
(211
)
 
910

 
(2
)
 
676

Net income from discontinued operations
 
—

 
—

 
—

 
—

 
—

Net income (loss) before equity in earnings of subsidiaries
 
(21
)
 
(211
)
 
910

 
(2
)
 
676

Equity in earnings of subsidiaries
 
682

 
724

 
513

 
(1,919
)
 
—

Net income
 
661

 
513

 
1,423

 
(1,921
)
 
676

Less: Net income attributable to noncontrolling interests
 
—

 
—

 
17

 
—

 
17

Net income attributable to Aon shareholders
 
$
661

 
$
513

 
$
1,406

 
$
(1,921
)
 
$
659

Condensed Consolidating Statement of Income
 
 
Three Months Ended March 31, 2018
(millions)
 
Aon plc
 
Aon Corporation
 
Other Non-Guarantor Subsidiaries
 
Consolidating Adjustments
 
Consolidated
Revenue
 
 
 
 
 
 
 
 
 
 
Total revenue
 
$
—

 
$
—

 
$
3,090

 
$
—

 
$
3,090

Expenses
 
 
 
 
 
 
 
 
 
 
Compensation and benefits
 
19

 
1

 
1,596

 
—

 
1,616

Information technology
 
—

 
—

 
115

 
—

 
115

Premises
 
—

 
—

 
93

 
—

 
93

Depreciation of fixed assets
 
—

 
—

 
39

 
—

 
39

Amortization and impairment of intangible assets
 
—

 
—

 
110

 
—

 
110

Other general expenses (income)
 
1

 
—

 
317

 
—

 
318

Total operating expenses
 
20

 
1

 
2,270

 
—

 
2,291

Operating income (loss)
 
(20
)
 
(1
)
 
820

 
—

 
799

Interest income
 
—

 
14

 
—

 
(10
)
 
4

Interest expense
 
(49
)
 
(24
)
 
(7
)
 
10

 
(70
)
Intercompany interest income (expense)
 
4

 
(128
)
 
124

 
—

 
—

Intercompany other income (expense)
 
(53
)
 
(5
)
 
58

 
—

 
—

Other income (expense)
 
(25
)
 
(6
)
 
13

 
3

 
(15
)
Income (loss) from continuing operations before income taxes
 
(143
)
 
(150
)
 
1,008

 
3

 
718

Income tax expense (benefit)
 
(16
)
 
(27
)
 
157

 
—

 
114

Net income (loss) from continuing operations
 
(127
)
 
(123
)
 
851

 
3

 
604

Net income from discontinued operations
 
—

 
—

 
6

 
—

 
6

Net income (loss) before equity in earnings of subsidiaries
 
(127
)
 
(123
)
 
857

 
3

 
610

Equity in earnings of subsidiaries
 
718

 
705

 
582

 
(2,005
)
 
—

Net income
 
591

 
582

 
1,439

 
(2,002
)
 
610

Less: Net income attributable to noncontrolling interests
 
—

 
—

 
16

 
—

 
16

Net income attributable to Aon shareholders
 
$
591

 
$
582

 
$
1,423

 
$
(2,002
)
 
$
594
Condensed Consolidating Statements of Comprehensive Income Condensed Consolidating Statement of Comprehensive Income
 
 
Three Months Ended March 31, 2019
(millions)
 
Aon plc
 
Aon Corporation
 
Other Non-Guarantor Subsidiaries
 
Consolidating Adjustments
 
Consolidated
Net income
 
$
661

 
$
513

 
$
1,423

 
$
(1,921
)
 
$
676

Less: Net income attributable to noncontrolling interests
 
—

 
—

 
17

 
—

 
17

Net income attributable to Aon shareholders
 
661

 
513

 
1,406

 
(1,921
)
 
659

Other comprehensive income, net of tax:
 
 
 
 
 
 
 
 
 
 
Change in fair value of financial instruments
 
—

 
2

 
5

 
—

 
7

Foreign currency translation adjustments
 
—

 
—

 
131

 
2

 
133

Postretirement benefit obligation
 
—

 
22

 
9

 
—

 
31

Total other comprehensive income
 
—

 
24

 
145

 
2

 
171

Equity in other comprehensive income of subsidiaries, net of tax
 
167

 
115

 
139

 
(421
)
 
—

Less: Other comprehensive income attributable to noncontrolling interests
 
—

 
—

 
2

 
—

 
2

Total other comprehensive income attributable to Aon shareholders
 
167

 
139

 
282

 
(419
)
 
169

Comprehensive income attributable to Aon shareholders
 
$
828

 
$
652

 
$
1,688

 
$
(2,340
)
 
$
828

Condensed Consolidating Statement of Comprehensive Income
 
 
Three Months Ended March 31, 2018
(millions)
 
Aon plc
 
Aon Corporation
 
Other Non-Guarantor Subsidiaries
 
Consolidating Adjustments
 
Consolidated
Net income
 
$
591

 
$
582

 
$
1,439

 
$
(2,002
)
 
$
610

Less: Net income attributable to noncontrolling interests
 
—

 
—

 
16

 
—

 
16

Net income attributable to Aon shareholders
 
591

 
582

 
1,423

 
(2,002
)
 
594

Other comprehensive income, net of tax:
 
 
 
 
 
 
 
 
 
 
Change in fair value of financial instruments
 
—

 
3

 
11

 
—

 
14

Foreign currency translation adjustments
 
—

 
—

 
250

 
(3
)
 
247

Postretirement benefit obligation
 
—

 
11

 
37

 
—

 
48

Total other comprehensive income
 
—

 
14

 
298

 
(3
)
 
309

Equity in other comprehensive income of subsidiaries, net of tax
 
309

 
285

 
299

 
(893
)
 
—

Less: Other comprehensive income attributable to noncontrolling interests
 
—

 
—

 
3

 
—

 
3

Total other comprehensive income attributable to Aon shareholders
 
309

 
299

 
594

 
(896
)
 
306

Comprehensive income attributable to Aon shareholders
 
$
900

 
$
881

 
$
2,017

 
$
(2,898
)
 
$
900
Condensed Consolidating Statements of Financial Position Condensed Consolidating Statement of Financial Position
 
 
As of March 31, 2019
(millions)
 
Aon plc
 
Aon Corporation
 
Other Non-Guarantor Subsidiaries
 
Consolidating Adjustments
 
Consolidated
Assets
 
 

 
 

 
 

 
 

 
 

Current assets
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
—

 
$
746

 
$
563

 
$
(709
)
 
$
600

Short-term investments
 
—

 
47

 
87

 
—

 
134

Receivables, net
 
—

 
—

 
3,242

 
—

 
3,242

Fiduciary assets
 
—

 
—

 
11,412

 
—

 
11,412

Current intercompany receivables
 
166

 
2,277

 
12,154

 
(14,597
)
 
—

Other current assets
 
—

 
10

 
521

 
—

 
531

Total current assets
 
166

 
3,080

 
27,979

 
(15,306
)
 
15,919

Goodwill
 
—

 
—

 
8,219

 
—

 
8,219

Intangible assets, net
 
—

 
—

 
1,077

 
—

 
1,077

Fixed assets, net
 
—

 
—

 
606

 
—

 
606

Operating lease right-of-use assets
 
—

 
114

 
879

 
—

 
993

Deferred tax assets
 
94

 
488

 
150

 
(144
)
 
588

Prepaid pension
 
—

 
5

 
1,219

 
—

 
1,224

Non-current intercompany receivables
 
401

 
262

 
7,202

 
(7,865
)
 
—

Other non-current assets
 
1

 
30

 
478

 
—

 
509

Investment in subsidiary
 
9,283

 
19,919

 
(355
)
 
(28,847
)
 
—

Total assets
 
$
9,945

 
$
23,898

 
$
47,454

 
$
(52,162
)
 
$
29,135

 
 
 
 
 
 
 
 
 
 
 
Liabilities and equity
 
 

 
 

 
 

 
 

 
 

Liabilities
 
 
 
 
 
 
 
 
 
 
Current liabilities
 
 
 
 
 
 
 
 
 
 
Accounts payable and accrued liabilities
 
$
351

 
$
75

 
$
1,762

 
$
(709
)
 
$
1,479

Short-term debt and current portion of long-term debt
 
248

 
175

 
3

 
—

 
426

Fiduciary liabilities
 
—

 
—

 
11,412

 
—

 
11,412

Current intercompany payables
 
339

 
13,283

 
975

 
(14,597
)
 
—

Other current liabilities
 
—

 
81

 
1,139

 
—

 
1,220

Total current liabilities
 
938

 
13,614

 
15,291

 
(15,306
)
 
14,537

Long-term debt
 
4,228

 
1,762

 
—

 
—

 
5,990

Non-current operating lease liabilities
 
—

 
153

 
825

 
—

 
978

Deferred tax liabilities
 
—

 
—

 
349

 
(144
)
 
205

Pension, other postretirement and postemployment liabilities
 
—

 
1,241

 
349

 
—

 
1,590

Non-current intercompany payables
 
—

 
7,368

 
497

 
(7,865
)
 
—

Other non-current liabilities
 
4

 
115

 
854

 
—

 
973

Total liabilities
 
5,170

 
24,253

 
18,165

 
(23,315
)
 
24,273

 
 
 
 
 
 
 
 
 
 
 
Equity
 
 
 
 
 
 
 
 
 
 
Total Aon shareholders’ equity
 
4,775

 
(355
)
 
29,202

 
(28,847
)
 
4,775

Noncontrolling interests
 
—

 
—

 
87

 
—

 
87

Total equity
 
4,775

 
(355
)
 
29,289

 
(28,847
)
 
4,862

Total liabilities and equity
 
$
9,945

 
$
23,898

 
$
47,454

 
$
(52,162
)
 
$
29,135

Condensed Consolidating Statement of Financial Position
 
 
As of December 31, 2018
(millions)
 
Aon plc
 
Aon Corporation
 
Other Non-Guarantor Subsidiaries
 
Consolidating Adjustments
 
Consolidated
Assets
 
 

 
 

 
 

 
 

 
 

Current assets
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
—

 
$
862

 
$
575

 
$
(781
)
 
$
656

Short-term investments
 
—

 
56

 
116

 
—

 
172

Receivables, net
 
—

 
—

 
2,760

 
—

 
2,760

Fiduciary assets
 
—

 
—

 
10,166

 
—

 
10,166

Current intercompany receivables
 
191

 
897

 
11,634

 
(12,722
)
 
—

Other current assets
 
—

 
16

 
602

 
—

 
618

Total current assets
 
191

 
1,831

 
25,853

 
(13,503
)
 
14,372

Goodwill
 
—

 
—

 
8,171

 
—

 
8,171

Intangible assets, net
 
—

 
—

 
1,149

 
—

 
1,149

Fixed assets, net
 
—

 
—

 
588

 
—

 
588

Operating lease right-of-use assets
 
—

 
—

 
—

 
—

 
—

Deferred tax assets
 
94

 
467

 
144

 
(144
)
 
561

Prepaid pension
 
—

 
5

 
1,128

 
—

 
1,133

Non-current intercompany receivables
 
403

 
261

 
7,225

 
(7,889
)
 
—

Other non-current assets
 
1

 
30

 
417

 
—

 
448

Investment in subsidiary
 
8,433

 
19,132

 
(882
)
 
(26,683
)
 
—

Total assets
 
$
9,122

 
$
21,726

 
$
43,793

 
$
(48,219
)
 
$
26,422

 
 
 
 
 
 
 
 
 
 
 
Liabilities and equity
 
 

 
 

 
 

 
 

 
 

Liabilities
 
 
 
 
 
 
 
 
 
 
Current liabilities
 
 
 
 
 
 
 
 
 
 
Accounts payable and accrued liabilities
 
$
274

 
$
70

 
$
2,380

 
$
(781
)
 
$
1,943

Short-term debt and current portion of long-term debt
 
250

 
—

 
1

 
—

 
251

Fiduciary liabilities
 
—

 
—

 
10,166

 
—

 
10,166

Current intercompany payables
 
213

 
11,875

 
634

 
(12,722
)
 
—

Other current liabilities
 
—

 
69

 
867

 
—

 
936

Total current liabilities
 
737

 
12,014

 
14,048

 
(13,503
)
 
13,296

Long-term debt
 
4,231

 
1,762

 
—

 
—

 
5,993

Non-current operating lease liabilities
 
—

 
—

 
—

 
—

 
—

Deferred tax liabilities
 
—

 
—

 
325

 
(144
)
 
181

Pension, other postretirement and postemployment liabilities
 
—

 
1,275

 
361

 
—

 
1,636

Non-current intercompany payables
 
—

 
7,390

 
499

 
(7,889
)
 
—

Other non-current liabilities
 
3

 
167

 
927

 
—

 
1,097

Total liabilities
 
4,971

 
22,608

 
16,160

 
(21,536
)
 
22,203

 
 
 
 
 
 
 
 
 
 
 
Equity
 
 
 
 
 
 
 
 
 
 
Total Aon shareholders’ equity
 
4,151

 
(882
)
 
27,565

 
(26,683
)
 
4,151

Noncontrolling interests
 
—

 
—

 
68

 
—

 
68

Total equity
 
4,151

 
(882
)
 
27,633

 
(26,683
)
 
4,219

Total liabilities and equity
 
$
9,122

 
$
21,726

 
$
43,793

 
$
(48,219
)
 
$
26,422
Condensed Consolidating Statements of Cash Flows Condensed Consolidating Statement of Cash Flows
 
 
Three Months Ended March 31, 2019
(millions)
 
Aon plc
 
Aon
Corporation
 
Other
Non-Guarantor
Subsidiaries
 
Consolidating
Adjustments
 
Consolidated
Cash flows from operating activities
 
 
 
 
 
 
 
 
 
 
Cash provided by (used for) operating activities
 
$
(11
)
 
$
(34
)
 
$
179

 
$
(60
)
 
$
74

 
 
 
 
 
 
 
 
 
 
 
Cash flows from investing activities
 
 
 
 
 
 
 
 
 
 
Proceeds from investments
 
—

 
8

 
4

 
—

 
12

Payments for investments
 
—

 
(9
)
 
(5
)
 
—

 
(14
)
Net sales of short-term investments - non-fiduciary
 
—

 
9

 
32

 
—

 
41

Acquisition of businesses, net of cash acquired
 
—

 
—

 
(15
)
 
—

 
(15
)
Sale of businesses, net of cash sold
 
—

 
—

 
6

 
—

 
6

Capital expenditures
 
—

 
—

 
(57
)
 
—

 
(57
)
Cash provided by (used for) investing activities
 
—

 
8

 
(35
)
 
—

 
(27
)
 
 
 
 
 
 
 
 
 
 
 
Cash flows from financing activities
 
 
 
 
 
 
 
 
 
 
Share repurchase
 
(100
)
 
—

 
—

 
—

 
(100
)
Advances from (to) affiliates
 
305

 
(265
)
 
(172
)
 
132

 
—

Issuance of shares for employee benefit plans
 
(98
)
 
—

 
—

 
—

 
(98
)
Issuance of debt
 
384

 
485

 
2

 
—

 
871

Repayment of debt
 
(384
)
 
(310
)
 
—

 
—

 
(694
)
Cash dividends to shareholders
 
(96
)
 
—

 
—

 
—

 
(96
)
Noncontrolling interests and other financing activities
 
—

 
—

 
(23
)
 
—

 
(23
)
Cash provided by (used for) financing activities
 
11

 
(90
)
 
(193
)
 
132

 
(140
)
 
 
 
 
 
 
 
 
 
 
 
Effect of exchange rate changes on cash and cash equivalents
 
—

 
—

 
37

 
—

 
37

Net increase (decrease) in cash and cash equivalents
 
—

 
(116
)
 
(12
)
 
72

 
(56
)
Cash and cash equivalents at beginning of period
 
—

 
862

 
575

 
(781
)
 
656

Cash and cash equivalents at end of period
 
$
—

 
$
746

 
$
563

 
$
(709
)
 
$
600


Condensed Consolidating Statement of Cash Flows
 
 
Three Months Ended March 31, 2018
(millions)
 
Aon plc
 
Aon
Corporation
 
Other
Non-Guarantor
Subsidiaries
 
Consolidating
Adjustments
 
Consolidated
Cash flows from operating activities
 
 
 
 
 
 
 
 
 
 
Cash provided by (used for) operating activities
 
$
(21
)
 
$
626

 
$
277

 
$
(742
)
 
$
140

 
 
 
 
 
 
 
 
 
 
 
Cash flows from investing activities
 
 
 
 
 
 
 
 
 
 
Proceeds from investments
 
—

 
10

 
7

 
—

 
17

Payments for investments
 
(1
)
 
(5
)
 
(6
)
 
1

 
(11
)
Net sales of short-term investments - non-fiduciary
 
—

 
355

 
60

 
—

 
415

Acquisition of businesses, net of cash acquired
 
—

 
—

 
(29
)
 
—

 
(29
)
Sale of businesses, net of cash sold
 
—

 
—

 
(1
)
 
—

 
(1
)
Capital expenditures
 
—

 
—

 
(45
)
 
—

 
(45
)
Cash provided by (used for) investing activities
 
(1
)
 
360

 
(14
)
 
1

 
346

 
 
 
 
 
 
 
 
 
 
 
Cash flows from financing activities
 
 
 
 
 
 
 
 
 
 
Share repurchase
 
(569
)
 
—

 
—

 
—

 
(569
)
Advances from (to) affiliates
 
418

 
(933
)
 
(142
)
 
657

 
—

Issuance of shares for employee benefit plans
 
(109
)
 
—

 
—

 
—

 
(109
)
Issuance of debt
 
431

 
375

 
2

 
—

 
808

Repayment of debt
 
(61
)
 
(349
)
 
(294
)
 
—

 
(704
)
Cash dividends to shareholders
 
(89
)
 
—

 
—

 
—

 
(89
)
Noncontrolling interests and other financing activities
 
—

 
—

 
—

 
—

 
—

Cash provided by (used for) financing activities
 
21

 
(907
)
 
(434
)
 
657

 
(663
)
 
 
 
 
 
 
 
 
 
 
 
Effect of exchange rate changes on cash and cash equivalents
 
—

 
—

 
18

 
—

 
18

Net increase (decrease) in cash and cash equivalents
 
(1
)
 
79

 
(153
)
 
(84
)
 
(159
)
Cash and cash equivalents at beginning of period
 
1

 
2,524

 
793

 
(2,562
)
 
756

Cash and cash equivalents at end of period
 
$
—

 
$
2,603

 
$
640

 
$
(2,646
)
 
$
597