XML 59 R41.htm IDEA: XBRL DOCUMENT v3.10.0.1
Segment Information (Tables)
 12 Months Ended
Dec. 31, 2018
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
2018 –
 
 
 
 
 
 
 
 
 
Risk and Insurance Services
$
8,228

(a) 
$
1,864

 
$
15,868

 
$
290

 
$
158

Consulting
6,779

(b) 
1,099

 
8,003

 
130

 
97

Total Segments
15,007

 
2,963

 
23,871

 
420

 
255

Corporate/Eliminations
(57
)
 
(202
)
 
(2,293
)
(c) 
74

 
59

Total Consolidated
$
14,950

 
$
2,761

 
$
21,578

 
$
494

 
$
314

2017 –
 
 
 
 
 
 
 
 
 
Risk and Insurance Services
$
7,630

(a) 
$
1,731

 
$
16,490

 
$
282

 
$
139

Consulting
6,444

(b) 
1,110

 
8,200

 
129

 
88

Total Segments
14,074

 
2,841

 
24,690

 
411

 
227

Corporate/Eliminations
(50
)
 
(186
)
 
(4,261
)
(c) 
70

 
75

Total Consolidated
$
14,024

 
$
2,655

 
$
20,429

 
$
481

 
$
302

2016 –
 
 
 
 
 
 
 
 
 
Risk and Insurance Services
$
7,143

(a) 
$
1,581

 
$
14,728

 
$
248

 
$
128

Consulting
6,112

(b) 
1,038

 
6,770

 
121

 
68

Total Segments
13,255

 
2,619

 
21,498

 
369

 
196

Corporate/Eliminations
(44
)
 
(188
)
 
(3,308
)
(c) 
69

 
57

Total Consolidated
$
13,211

 
$
2,431

 
$
18,190

 
$
438

 
$
253

(a)
Includes inter-segment revenue of $6 million, $5 million and $6 million in 2018, 2017 and 2016, respectively, interest income on fiduciary funds of $65 million, $39 million and $26 million in 2018, 2017 and 2016, respectively, and equity method income of $13 million, $14 million and $12 million in 2018, 2017 and 2016, respectively and $40 million related to the sale of business in 2018.
(b)
Includes inter-segment revenue of $51 million, $45 million and $38 million in 2018, 2017 and 2016, respectively, interest income on fiduciary funds of $3 million, $4 million and $3 million in 2018, 2017 and 2016, respectively, and equity method income of $8 million, $17 million and $19 million in 2018, 2017 and 2016, respectively.
(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)
2018

 
2017

 
2016

Risk and Insurance Services
 
 
 
 
 
Marsh
$
6,923

 
$
6,433

 
$
5,997

Guy Carpenter
1,305

 
1,197

 
1,146

Total Risk and Insurance Services
8,228

 
7,630

 
7,143

Consulting
 
 
 
 
 
Mercer
4,732

 
4,528

 
4,323

Oliver Wyman Group
2,047

 
1,916

 
1,789

Total Consulting
6,779

 
6,444

 
6,112

Total Segments
15,007

 
14,074

 
13,255

Corporate/Eliminations
(57
)
 
(50
)
 
(44
)
Total
$
14,950

 
$
14,024

 
$
13,211
Information by geographic area
Information by geographic area is as follows: 
For the Years Ended December 31,
(In millions of dollars)
2018

 
2017

 
2016

Revenue
 
 
 
 
 
United States
$
7,219

 
$
6,870

 
$
6,573

United Kingdom
2,243

 
2,112

 
2,019

Continental Europe
2,694

 
2,197

 
2,022

Asia Pacific
1,616

 
1,517

 
1,363

Other
1,235

 
1,378

 
1,278

 
15,007

 
14,074

 
13,255

Corporate/Eliminations
(57
)
 
(50
)
 
(44
)
Total
$
14,950

 
$
14,024

 
$
13,211

For the Years Ended December 31,
(In millions of dollars)
2018

 
2017

 
2016

Fixed Assets, Net
 
 
 
 
 
United States
$
403

 
$
399

 
$
412

United Kingdom
91

 
91

 
94

Continental Europe
59

 
57

 
53

Asia Pacific
74

 
78

 
76

Other
74

 
87

 
90

Total
$
701

 
$
712

 
$
725