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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 2,174 $ 2,301
Receivables    
Commissions and fees 3,120 2,858
Advanced premiums and claims 62 62
Other 219 244
Gross receivables 3,401 3,164
Less-allowance for doubtful accounts and cancellations (107) (106)
Net receivables 3,294 3,058
Current deferred tax assets 459 410
Other current assets 234 194
Total current assets 6,161 5,963
Goodwill and intangible assets 7,353 7,261
Fixed assets (net of accumulated depreciation and amortization of $1,611 at September 30, 2013 and $1,582 at December 31, 2012) 824 809
Pension related assets 780 260
Deferred tax assets 1,020 1,223
Other assets 838 772
Total assets 16,976 16,288
Current liabilities:    
Short-term debt 583 260
Accounts payable and accrued liabilities 1,830 1,721
Accrued compensation and employee benefits 1,194 1,473
Accrued income taxes 148 110
Dividends payable 138   
Total current liabilities 3,893 3,564
Fiduciary liabilities 4,657 3,992
Less – cash and investments held in a fiduciary capacity (4,657) (3,992)
Net fiduciary assets 0 0
Long-term debt 2,623 2,658
Pension, post-retirement and post-employment benefits 1,975 2,094
Liabilities for errors and omissions 380 460
Other liabilities 985 906
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 September 30, 2013 and December 31, 2012 561 561
Additional paid-in capital 1,010 1,107
Retained earnings 9,151 8,628
Accumulated other comprehensive loss (3,213) (3,307)
Non-controlling interests 78 64
Stockholders' equity before treasury stock 7,587 7,053
Less – treasury shares, at cost, 13,338,019 shares at September 30, 2013 and 15,133,774 shares at December 31, 2012 (467) (447)
Total equity 7,120 6,606
Total liabilities and stockholders' equity $ 16,976 $ 16,288