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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue    
Total revenue $ 3,670 $ 3,525
Expenses    
Compensation and benefits 1,767 1,719
Information technology 123 114
Premises 72 77
Depreciation of fixed assets 38 41
Amortization and impairment of intangible assets 28 40
Other general expense 275 289
Total operating expenses 2,303 2,280
Operating income 1,367 1,245
Interest income 3 3
Interest expense (91) (79)
Other income (expense) 25 (2)
Income before income taxes 1,304 1,167
Income tax expense 256 234
Net income 1,048 933
Less: Net income attributable to noncontrolling interests 25 20
Net income attributable to Aon shareholders $ 1,023 $ 913
Basic net income per share attributable to Aon shareholders (in dollars per share) $ 4.75 $ 4.02
Diluted net income per share attributable to Aon shareholders (in dollars per share) $ 4.73 $ 4.00
Weighted average ordinary shares outstanding - basic (in shares) 215.3 227.1
Weighted average ordinary shares outstanding - diluted (in shares) 216.4 228.1