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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Selected information and details for MMC's operating segments
Selected information about the Company’s segments and geographic areas of operation are as follows:
For the Year Ended December 31, (In millions of dollars)
Revenue

 
Operating
Income
(Loss)
 
Total
Assets
 
Depreciation
and
Amortization
 
Capital
Expenditures
2016 –
 
 
 
 
 
 
 
 
 
Risk and Insurance Services
$
7,143

(a) 
$
1,753

  
$
14,728

 
$
248

 
$
128

Consulting
6,112

(b) 
1,103

  
6,770

 
121

 
68

Total Segments
13,255

  
2,856

  
21,498

 
369

 
196

Corporate/Eliminations
(44
)
 
(192
)
 
(3,308
)
(c) 
69

 
57

Total Consolidated
$
13,211

  
$
2,664

  
$
18,190

 
$
438

 
$
253

2015 –
 
 
 
 
 
 
 
 
 
Risk and Insurance Services
$
6,869

(a) 
$
1,539

  
$
13,290

  
$
240

 
$
136

Consulting
6,064

(b) 
1,075

  
6,485

  
120

 
108

Total Segments
12,933

  
2,614

  
19,775

  
360

 
244

Corporate/Eliminations
(40
)
 
(195
)
 
(1,559
)
(c) 
63

 
81

Total Consolidated
$
12,893

  
$
2,419

  
$
18,216

  
$
423

 
$
325

2014 –
 
 
 
 
 
 
 
 
 
Risk and Insurance Services
$
6,931

(a) 
$
1,509

  
$
12,211

  
$
213

 
$
173

Consulting
6,059

(b) 
996

  
5,916

  
119

 
92

Total Segments
12,990

  
2,505

  
18,127

  
332

 
265

Corporate/Eliminations
(39
)
 
(204
)
 
(334
)
(c) 
56

 
103

Total Consolidated
$
12,951

  
$
2,301

  
$
17,793

  
$
388

 
$
368

(a)
Includes inter-segment revenue of $6 million in both 2016 and 2015 and $4 million in 2014, interest income on fiduciary funds of $26 million, $21 million and $24 million in 2016, 2015 and 2014, respectively, and equity method income of $12 million, $6 million and $9 million in 2016, 2015 and 2014, respectively.
(b)
Includes inter-segment revenue of $38 million, $34 million and $35 million in 2016, 2015 and 2014, respectively, interest income on fiduciary funds of $3 million in 2016, $4 million in 2015 and $6 million in 2014 and equity method income of $19 million in 2016, $21 million in 2015 and $2 million in 2014.
(c)
Corporate assets primarily include insurance recoverables, pension related assets, the owned portion of the Company headquarters building and intercompany eliminations.
Details of operating segment revenue
Details of operating segment revenue are as follows:  
For the Years Ended December 31,
(In millions of dollars)
2016

 
2015

 
2014

Risk and Insurance Services
 
 
 
 
 
Marsh
$
5,997

 
$
5,745

 
$
5,774

Guy Carpenter
1,146

 
1,124

 
1,157

Total Risk and Insurance Services
7,143

 
6,869

 
6,931

Consulting
 
 
 
 
 
Mercer
4,323

 
4,313

 
4,350

Oliver Wyman Group
1,789

 
1,751

 
1,709

Total Consulting
6,112

 
6,064

 
6,059

Total Segments
13,255

 
12,933

 
12,990

Corporate/Eliminations
(44
)
 
(40
)
 
(39
)
Total
$
13,211

 
$
12,893

 
$
12,951
Information by geographic area
Information by geographic area is as follows: 
For the Years Ended December 31,
(In millions of dollars)
2016

 
2015

 
2014

Revenue
 
 
 
 
 
United States
$
6,573

 
$
6,316

 
$
5,865

United Kingdom
2,019

 
2,036

 
2,111

Continental Europe
2,022

 
1,902

 
2,077

Asia Pacific
1,363

 
1,333

 
1,420

Other
1,278

 
1,346

 
1,517

 
13,255

 
12,933

 
12,990

Corporate/Eliminations
(44
)
 
(40
)
 
(39
)
Total
$
13,211

 
$
12,893

 
$
12,951

For the Years Ended December 31,
(In millions of dollars)
2016

 
2015

 
2014

Fixed Assets, Net
 
 
 
 
 
United States
$
412

 
$
460

 
$
483

United Kingdom
94

 
115

 
120

Continental Europe
53

 
57

 
60

Asia Pacific
76

 
49

 
62

Other
90

 
92

 
84

Total
$
725

 
$
773

 
$
809