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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 1,263 $ 2,301
Receivables    
Commissions and fees 2,994 2,858
Advanced premiums and claims 76 62
Other 211 244
Gross receivables 3,281 3,164
Less-allowance for doubtful accounts and cancellations (105) (106)
Net receivables 3,176 3,058
Current deferred tax assets 436 410
Other current assets 222 194
Total current assets 5,097 5,963
Goodwill and intangible assets 7,199 7,261
Fixed assets(net of accumulated depreciation and amortization of $1,586 at March 31, 2013 and $1,582 at December 31, 2012) 793 809
Pension related assets 580 260
Deferred tax assets 1,129 1,223
Other assets 739 772
Total assets 15,537 16,288
Current liabilities:    
Short-term debt 10 260
Accounts payable and accrued liabilities 1,808 1,721
Accrued compensation and employee benefits 746 1,473
Accrued income taxes 148 110
Dividends payable 128   
Total current liabilities 2,840 3,564
Fiduciary liabilities 4,396 3,992
Less - cash and investments held in a fiduciary capacity (4,396) (3,992)
Net fiduciary assets 0 0
Long-term debt 2,705 2,658
Pension, postretirement and postemployment benefits 1,993 2,094
Liabilities for errors and omissions 433 460
Other liabilities 853 906
Commitments and contingencies      
Equity:    
Preferred stock, $1 par value, authorized 6,000,000 shares, none issued 0 0
Common stock, $1 par value, authorized 1,600,000,000 shares, issued 560,641,640 shares at March 31,2013 and December 31, 2012 561 561
Additional paid-in capital 993 1,107
Retained earnings 8,786 8,628
Accumulated other comprehensive loss (3,379) (3,307)
Non-controlling interests 73 64
Stockholders' equity before treasury stock 7,034 7,053
Less – treasury shares, at cost, 10,373,289 shares at March 31, 2013 and 15,133,774 shares at December 31, 2012 (321) (447)
Total Equity 6,713 6,606
Total liabilities and stockholders' equity $ 15,537 $ 16,288