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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue        
Total revenue $ 2,953 $ 2,696 $ 10,001 $ 9,349
Expenses        
Compensation and benefits 1,685 1,532 5,231 4,938
Information technology 135 133 403 371
Premises 74 71 217 216
Depreciation of fixed assets 42 37 119 115
Amortization and impairment of intangible assets 20 34 70 87
Other general expense 300 299 949 965
Accelerating Aon United Program expenses 6 0 6 0
Total operating expenses 2,262 2,106 6,995 6,692
Operating income 691 590 3,006 2,657
Interest income 9 7 19 15
Interest expense (119) (103) (360) (296)
Other income (expense) (21) 16 (105) 71
Income before income taxes 560 510 2,560 2,447
Income tax expense 93 92 439 467
Net income 467 418 2,121 1,980
Less: Net income attributable to noncontrolling interests 11 10 55 48
Net income attributable to Aon shareholders $ 456 $ 408 $ 2,066 $ 1,932
Basic net income per share attributable to Aon shareholders (in dollars per share) $ 2.25 $ 1.93 $ 10.10 $ 9.06
Diluted net income per share attributable to Aon shareholders (in dollars per share) $ 2.23 $ 1.92 $ 10.03 $ 9.00
Weighted average ordinary shares outstanding - basic (in shares) 202.9 210.9 204.6 213.2
Weighted average ordinary shares outstanding - diluted (in shares) 204.6 212.6 206.0 214.6