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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenue    
Total revenue $ 3,871 $ 3,670
Expenses    
Compensation and benefits 1,792 1,767
Information technology 139 123
Premises 75 72
Depreciation of fixed assets 38 38
Amortization and impairment of intangible assets 25 28
Other general expense 329 275
Total operating expenses 2,398 2,303
Operating income 1,473 1,367
Interest income 5 3
Interest expense (111) (91)
Other income (expense) (25) 25
Income before income taxes 1,342 1,304
Income tax expense 263 256
Net income 1,079 1,048
Less: Net income attributable to noncontrolling interests 29 25
Net income attributable to Aon shareholders $ 1,050 $ 1,023
Basic net income (loss) per share attributable to Aon shareholders (in dollars per share) $ 5.09 $ 4.75
Diluted net income (loss) per share attributable to Aon shareholders (in dollars per share) $ 5.07 $ 4.73
Weighted average ordinary shares outstanding - basic (in shares) 206.1 215.3
Weighted average ordinary shares outstanding - diluted (in shares) 207.1 216.4