Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 1,294	$ 1,066
Receivables
Commissions and fees	5,057	3,984
Advanced premiums and claims	91	79
Other	547	366
Gross receivables	5,695	4,429
Less-allowance for doubtful accounts and cancellations	(142)	(112)
Net receivables	5,553	4,317
Other current assets	679	551
Total current assets	7,526	5,934
Goodwill	14,479	9,599
Other intangible assets	3,083	1,437
Fixed assets (net of accumulated depreciation and amortization of $2,018 at June 30, 2019 and $1,842 at December 31, 2018)	799	701
Pension related assets	1,821	1,688
Right of use assets	2,016	0
Deferred tax assets	628	680
Other assets	1,764	1,539
Total assets	32,116	21,578
Current liabilities:
Short-term debt	1,663	314
Accounts payable and accrued liabilities	2,600	2,234
Accrued compensation and employee benefits	1,375	1,778
Acquisition related derivatives	0	441
Current lease liabilities	347	0
Accrued income taxes	165	157
Dividends payable	232	0
Total current liabilities	6,382	4,924
Fiduciary liabilities	6,807	5,001
Less – cash and investments held in a fiduciary capacity	(6,807)	(5,001)
Net fiduciary assets	0	0
Long-term debt	11,459	5,510
Pension, post-retirement and post-employment benefits	2,044	1,911
Long-term lease liabilities	1,981	0
Liabilities for errors and omissions	319	287
Other liabilities	1,594	1,362
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 June 30, 2019 and December 31, 2018	561	561
Additional paid-in capital	736	817
Retained earnings	14,741	14,347
Accumulated other comprehensive loss	(4,527)	(4,647)
Non-controlling interests	272	73
Stockholders' equity before treasury stock	11,783	11,151
Less – treasury shares, at cost, 54,073,164 shares at June 30, 2019 and 56,804,468 shares at December 31, 2018	(3,446)	(3,567)
Total equity	8,337	7,584
Total liabilities and stockholders' equity	$ 32,116	$ 21,578