Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 1,168	$ 1,205
Receivables
Commissions and fees	4,217	3,777
Advanced premiums and claims	70	65
Other	389	401
Gross receivables	4,676	4,243
Less-allowance for doubtful accounts and cancellations	(114)	(110)
Net receivables	4,562	4,133
Other current assets	540	224
Total current assets	6,270	5,562
Goodwill	9,194	9,089
Other intangible assets	1,256	1,274
Fixed assets (net of accumulated depreciation and amortization of $1,889 at March 31, 2018 and $1,826 at December 31, 2017)	713	712
Pension related assets	1,857	1,693
Deferred tax assets	554	669
Other assets	1,535	1,430
Total assets	21,379	20,429
Current liabilities:
Short-term debt	512	262
Accounts payable and accrued liabilities	2,343	2,083
Accrued compensation and employee benefits	813	1,718
Accrued income taxes	261	199
Dividends payable	193	0
Total current liabilities	4,122	4,262
Fiduciary liabilities	5,140	4,847
Less – cash and investments held in a fiduciary capacity	(5,140)	(4,847)
Net fiduciary assets	0	0
Long-term debt	5,815	5,225
Pension, post-retirement and post-employment benefits	1,842	1,888
Liabilities for errors and omissions	312	301
Other liabilities	1,267	1,311
Commitments and contingencies	0	0
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, 2018 and December 31, 2017	561	561
Additional paid-in capital	682	784
Retained earnings	13,812	13,140
Accumulated other comprehensive loss	(3,905)	(4,043)
Non-controlling interests	81	83
Stockholders' equity before treasury stock	11,231	10,525
Less – treasury shares, at cost, 52,710,521 shares at March 31, 2018 and 51,930,135 shares at December 31, 2017	(3,210)	(3,083)
Total equity	8,021	7,442
Total liabilities and stockholders' equity	$ 21,379	$ 20,429