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Stock Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of the status of MMC's stock option awards
 
Shares

 
Weighted
Average Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic Value
($000)
Balance at January 1, 2011
43,386,136

 
$
29.33

 
 
 
 
Granted
2,827,655

 
$
30.60

 
 
 
 
Exercised
4,255,079

 
$
26.26

 
 
 
 
Canceled or exchanged

 

 
 
 
 
Forfeited
294,840

 
$
25.46

 
 
 
 
Expired
2,768,763

 
$
37.12

 
 
 
 
Balance at December 31, 2011
38,895,109

 
$
29.21

 
4.6 years
 
155,159

Options vested or expected to vest at December 31, 2011
38,030,022

 
$
29.38

 
4.8 years

221,216

Options exercisable at December 31, 2011
12,913,460

 
$
31.47

 
3.0 years
 
58,228

Restricted Stock Units And Performance Stock Units [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of restricted stock units award activity
 
Restricted Stock Units
 
Performance Units
 
Shares
Weighted Average
Grant Date
Fair Value

 
Shares
Weighted Average Grant Date Fair Value

Non-vested balance at January 1, 2011
18,749,101

$
22.91

 

$

Granted
5,549,028

$
30.46

 
390,771

$
30.60

Vested
8,465,116

$
23.16

 
2,809

$
30.60

Forfeited
774,585

$
25.12

 
19,616

$
30.60

Non-vested balance at December 31, 2011
15,058,428

$
25.43

 
368,346

$
30.60

Deferred Stock Units [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary of restricted stock units award activity
 
Shares

 
Weighted Average
Grant Date
Fair Value
Non-vested balance at January 1, 2011
73,900

 
$
41.41

Granted

 
$

Vested
22,200

 
$
28.74

Forfeited

 
$

Non-vested balance at December 31, 2011
51,700

 
$
46.86


Black-Scholes Option Pricing [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Option pricing valuation model for options granted
 
2011
 
2010
 
2009
Risk-free interest rate
2.28%-2.90%
 
3.15%-3.20%
 
2.16%-2.68%
Expected life (in years)
6.75
 
6.75
 
6.75
Expected volatility
25.4%-25.8%
 
26.3%-27.6%
 
33.5%-36.4%
Expected dividend yield
2.75%-2.86%
 
3.26%-3.52%
 
4.15%-4.20%
Binomial Option Pricing [Member]
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Option pricing valuation model for options granted
 
 
2009
Risk-free interest rate
 
0.42%-2.40%
Expected life (in years)
 
5.6-7.7
Expected volatility
 
35.6%
Expected dividend yield
 
3.62%