-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, C9nNaiXsFtuxxnO/EjYAy5JjnsBU0sDA3UBpbd/wmLw/bku85gXYXjaNpJ+DjXQh UxmHLkcD5SmNbfTRbdbuFQ== 0001193125-10-191118.txt : 20100817 0001193125-10-191118.hdr.sgml : 20100817 20100817134425 ACCESSION NUMBER: 0001193125-10-191118 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 7 CONFORMED PERIOD OF REPORT: 20100630 FILED AS OF DATE: 20100817 DATE AS OF CHANGE: 20100817 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARSH & MCLENNAN COMPANIES, INC. CENTRAL INDEX KEY: 0000062709 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411] IRS NUMBER: 362668272 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-05998 FILM NUMBER: 101022610 BUSINESS ADDRESS: STREET 1: 1166 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 2123455000 MAIL ADDRESS: STREET 1: 1166 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: MARSH & MCLENNAN COMPANIES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: MARLENNAN CORP DATE OF NAME CHANGE: 19760505 10-Q/A 1 d10qa.htm AMENDMENT NO.1 TO FORM 10-Q Amendment No.1 to Form 10-Q

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 10-Q/A

(Amendment No. 1)

 

 

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2010

 

 

Marsh & McLennan Companies, Inc.

(Exact Name of Registrant as Specified in Charter)

 

 

 

Delaware   1-5998   36-2668272

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1166 Avenue of the Americas, New York, NY   10036
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code (212) 345-5000

 

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  x    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

 

Large Accelerated Filer   x    Accelerated Filer   ¨
Non-Accelerated Filer   ¨  (Do not check if a smaller reporting company)    Smaller Reporting Company   ¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  x

As of July 31, 2010, there were outstanding 542,474,395 shares of common stock, par value $1.00 per share, of the registrant.

 

 

 


EXPLANATORY NOTE

This Amendment No. 1 to Marsh & McLennan Companies, Inc. Quarterly Report on Form 10-Q for the period ended June 30, 2010 is being filed solely for the purpose of furnishing Exhibit 101 to the Form 10-Q in accordance with Rule 405 of Regulation S-T. Exhibit 101 provides financial information from Marsh & McLennan Companies, Inc. Quarterly Report on Form 10-Q for the quarter ended June 30, 2010, formatted in XBRL. This Amendment No. 1 does not reflect any subsequent events occurring after the original filing date of the Form 10-Q or modify or update in any way disclosures made in the original filing.

Users of this data are advised that pursuant to Rule 406T of Regulation S-T, these interactive data files are deemed not filed or part of a registration statement or prospectus for purposes of sections 11 or 12 of the Securities Act of 1933 and are deemed not filed for purposes of section 18 of the Securities and Exchange Act of 1934.

Item 6. Exhibits

See Exhibit Index.

 

2


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  MARSH & McLENNAN COMPANIES, INC.
Date: August 17, 2010   By:  

/s/ Vanessa A. Wittman

  Name:   Vanessa A. Wittman
  Title:   Executive Vice President & Chief Financial Officer
  MARSH & McLENNAN COMPANIES, INC.
Date: August 17, 2010   By:  

/s/ Robert J. Rapport

  Name:   Robert J. Rapport
  Title:  

Senior Vice President & Controller

(Chief Accounting Officer)

 

3


EXHIBIT INDEX

 

Exhibit No.

  

Exhibit

    2.1

   Stock Purchase Agreement, dated as of June 6, 2010, by and between Marsh & McLennan Companies, Inc. and Altegrity, Inc. *

  10.1

   Form of Deferred Stock Unit Award, dated as of May 3, 2010, under the 2000 Senior Executive Incentive and Stock Award Plan and the 2000 Employee Incentive and Stock Award Plan *

  12.1

   Statement Re: Computation of Ratio of Earnings to Fixed Charges *

  31.1

   Rule 13a-14(a)/15d-14(a) Certification of Chief Executive Officer *

  31.2

   Rule 13a-14(a)/15d-14(a) Certification of Chief Financial Officer *

  32.1

   Section 1350 Certifications *

101.INS

   XBRL Instance Document

101.SCH

   XBRL Taxonomy Extension Schema

101.CAL

   XBRL Taxonomy Extension Calculation Linkbase

101.DEF

   XBRL Taxonomy Extension Definition Linkbase

101.LAB

   XBRL Taxonomy Extension Label Linkbase

101.PRE

   XBRL Taxonomy Extension Presentation Linkbase

 

* Previously filed.

 

4

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iso4217:USD xbrli:shares false --12-31 Q2 2010 2010-06-30 10-Q 0000062709 542474395 Large Accelerated Filer MARSH & MCLENNAN COMPANIES, INC. MMC <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">On April&nbsp;1, 2009, the FASB issued guidance for "Accounting for Assets Acquired and Liabilities Assumed in a Business Combination That Arise from Contingencies", to address application issues raised by preparers, auditors and attorneys. The guidance requires recognition of contingent assets or liabilities (arising from a business combination contingency) at fair value, at the acquisition date if the acquisition-date fair value of the asset or liability can be determined during the measurement period, or if certain criteria are met. Otherwise, the acquirer should not recognize an asset or liability as of the acquisition date. The guidance is effective for business combinations occurring on or after January&nbsp;1, 2009. This new guidance did not have a material impact on MMC's financial condition or reported results. </font></p></div> </div> -540000000 -855000000 15000000 0.55 0.45 86000000 98000000 <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">(amounts in millions): </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="68%"> <tr><td width="91%"> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Cash</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">241</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC common shares</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">178</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Contingent consideration</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">55</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total Consideration</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">474</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Allocation of purchase price:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Cash and cash equivalents</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">57</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Accounts receivable, net</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">81</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Property, plant, and equipment</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">5</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">20</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Intangible assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">138</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">288</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total assets acquired</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">589</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Current liabilities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">75</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other liabilities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">40</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total liabilities assumed</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">115</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net assets acquired</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">474</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> </div> 17000000 11000000 12000000 8000000 2000000 6000000 20.23 20.23 20.12 20.12 23.00 23.00 23.16 23.16 7400000 <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Effective January&nbsp;1, 2009, the Company adopted the new guidance issued by the FASB for Business Combinations. The guidance requires entities in a business combination to recognize all (and only) the assets acquired and liabilities assumed in the transaction; establishes the acquisition-date fair value as the measurement objective for all assets acquired and liabilities assumed; and requires the acquirer to disclose all information needed by investors and other users to evaluate and understand the nature and financial effect of the business combination. </font></p></div> </div> 1225000000 1707000000 1475000000 66000000 35000000 70000000 110000000 2831000000 3321000000 <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Effective January&nbsp;1, 2009, the Company adopted the new guidance issued by the FASB for Consolidation &ndash; Non-controlling Interests, which did not have a material impact on our financial condition, results of operations or cash flows. However, it did impact the presentation and disclosure of non-controlling (minority) interests in our consolidated financial statements. The effects of this change are reflected herein. </font></p></div> </div> <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In December 2009, the FASB issued new guidance related to the Consolidation of Variable Interest Entities ("VIE") and transfer of assets. The new guidance focuses on 'controlling financial interests' and requires companies to perform qualitative analysis to determine whether they must consolidate a VIE by assessing whether the variable interests give them controlling financial interests in the VIE. This guidance is effective for transfers occurring on or after November&nbsp;15, 2009. Provisions must be applied in annual reporting periods beginning after November&nbsp;15, 2009 and interim periods within that annual period. The adoption of the guidance did not have a material impact on the Company's financial statements. Also, effective January&nbsp;1, 2010, the Company adopted new guidance that indefinitely defers the above changes relating to the Company's interests in ent ities that have all the attributes of an investment company or for which it is industry practice to apply measurement principles for financial reporting that are consistent with those applied by an investment company. As a result, the above guidance did not apply to certain investment management trusts managed by Mercer. </font></p></div> </div> 2000000 121000000 25000000 15000000 22000000 2000000 2000000 212000000 193000000 2010-03-31 2010-04-01 2010-03-31 2010-04-30 38000000 14000000 359000000 173000000 325000000 163000000 <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Basic net income per share attributable to MMC and income from continuing operations per share are calculated by dividing the respective after-tax income attributable to common shares by the weighted average number of outstanding shares of MMC's common stock. </font></p></div> </div> 90000000 -86000000 0.295 0.323 <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In December 2008, the FASB issued guidance for Employers' Disclosures About Pension and Other Post Retirement Benefit Plan Assets. The guidance requires fair value plan asset disclosures for an employer's assets in defined benefit pension and postretirement plans similar to the guidance on Fair Value Measurements, as well as (a)&nbsp;how investment allocation decisions are made, (b)&nbsp;the major categories of plan assets, and (c)&nbsp;significant concentrations of risk within plan assets. The guidance is effective for fiscal years ending after December&nbsp;15, 2009. The Company has applied the provision of this new guidance to its financial statement disclosures beginning December&nbsp;31, 2009. </font></p></div> </div> -47000000 -32000000 26000000 18000000 150000000 605000000 599000000 6000000 353000000 353000000 6000000 6000000 448000000 448000000 225000000 225000000 141000000 141000000 127000000 127000000 812000000 235000000 577000000 712000000 338000000 374000000 46000000 46000000 31000000 31000000 235000000 235000000 338000000 338000000 370000000 370000000 244000000 244000000 161000000 161000000 99000000 99000000 <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In January 2010, the FASB issued new guidance that adds additional disclosures about transfers into and out of Levels 1 and 2 items and separate disclosures about purchases, sales, issuances, and settlements related to Level 3 measurements. It also clarifies existing fair value disclosures about the level of disaggregation and about inputs and valuation techniques used to measure fair value. Further, the new guidance amends the requirements on employer's disclosures about postretirement benefit plan assets to require disclosures be provided by classes of assets instead of by major categories of assets. This guidance is effective for the first reporting period beginning after December&nbsp;31, 2009, except for the requirement to provide the Level 3 activity of purchases, sales, issuances, and settlements on a gross basis, which will be effective for fiscal years beginning after Dec ember&nbsp;15, 2010. The adoption of the guidance did not have a material impact on the Company's financial statements. </font></p></div> </div> <div> <div> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In February 2008, the FASB issued guidance related to Fair Value Measurements which delayed until the second quarter of 2009, fair value measurement for non-financial assets and non-financial liabilities, except for items that are recognized or disclosed at fair value in the financial statements on a recurring basis. The Company has applied the provision of this new guidance to its financial statement disclosures beginning in the second quarter of 2009. </font></p></div> </div> <div> <font style="font-family: ARIAL;" class="_mt" size="2"> </font> <div><font style="font-family: ARIAL;" class="_mt" size="2"> </font> <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><strong>3. <u>Fiduciary Assets and Liabilities</u> </strong></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In its capacity as an insurance broker or agent, MMC collects premiums from insureds and, after deducting its commissions, remits the premiums to the respective insurance underwriters. MMC also collects claims or refunds from underwriters on behalf of insureds. Unremitted insurance premiums and claims proceeds are held by MMC in a fiduciary capacity. Risk and Insurance Services revenue includes interest on fiduciary funds of $<font class="_mt">22</font> million and $<font class="_mt">28</font> million for the six-month periods ended June&nbsp;30, 2010 and 2009, respectively. The Consulting segment recorded fiduciary interest income of $<font class="_mt">2</font> million for each of the comparable periods in 2010 and 2009. Since fiduciary assets are not available for corporate use, they are shown in the consolidated balance sheets as an offset to fiduciary liabilities. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Fiduciary assets include approximately $<font class="_mt">371</font> million and $<font class="_mt">577</font> million of fixed income securities classified as available for sale at June&nbsp;30, 2010 and December&nbsp;31, 2009, respectively. Unrealized gains or losses from available for sale securities are recorded in other comprehensive income until the securities are disposed of, or mature. Unrealized gains, net of tax, at June&nbsp;30, 2010 were $<font class="_mt">8</font> million and $<font class="_mt">12</font> million at June&nbsp;30, 2010 and December&nbsp;31, 2009, respectively. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net uncollected premiums and claims and the related payables amounted to $<font class="_mt">10.3</font> billion at June&nbsp;30, 2010 and $<font class="_mt">9.9</font> billion at December&nbsp;31, 2009. MMC is not a principal to the contracts under which the right to receive premiums or the right to receive reimbursement of insured losses arises. Net uncollected premiums and claims and the related payables are, therefore, not assets and liabilities of MMC and are not included in the accompanying consolidated balance sheets. Mercer had approximately $<font class="_mt">.4</font> billion of fiduciary assets at June&nbsp;30, 2010 and December&nbsp;31, 2009.</font></p> <p style="margin-top: 12px; margin-bottom: 0px;"> </p></div><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2">In certain instances, MMC advances premiums, refunds or claims to insurance underwriters or insureds prior to collection. These advances are made from corporate funds and are reflected in the accompanying consolidated balance sheets as receivables.</font></font></div> </div> 577000000 371000000 400000000 400000000 2000000 28000000 2000000 22000000 3559000000 4007000000 <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In the second quarter of 2009, MMC adopted the guidance issued by the FASB for interim disclosures about fair value of financial instruments. The guidance, which is effective for interim periods ending after June&nbsp;15, 2009, requires disclosures about the fair values of financial instruments in interim period reports of publicly traded companies as well as in annual financial statements. The adoption of this guidance did not have a material impact on MMC's financial condition or reported results. </font></p></div> </div> <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In October 2009, the FASB amended its guidance on revenue recognition regarding multiple-deliverable revenue arrangements. The guidance is effective prospectively for arrangements entered into or materially modified in fiscal years beginning on or after June&nbsp;15, 2010. The Company is evaluating the impact of adopting this new guidance. </font></p></div> </div> <div> <table border="0" cellspacing="0" cellpadding="0" width="92%"><tr> <td width="76%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Three&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Equity method gains (losses)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(33</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>17</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(51</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Gains on cost method investments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">4</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Gains (losses) from equity and cost method investments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(32</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(47</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Realized gains on available for sale securities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>8</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Investment income (loss)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(32</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>26</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(47</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> </div> -47000000 -32000000 18000000 18000000 -54000000 51000000 6219000000 6499000000 56000000 -121000000 7365000000 7636000000 2000000000 4200000000 -17000000 311000000 -189000000 149000000 476000000 231000000 233000000 -34000000 -17000000 311000000 -193000000 149000000 476000000 231000000 233000000 -35000000 453000000 201000000 288000000 -89000000 <div> <table border="0" cellspacing="0" cellpadding="0" width="92%"> <tr><td width="74%"> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="6" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Three&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="6" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six Months Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp;30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Revenue</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>163</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">173</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>325</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">359</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income before taxes (a)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>17</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(309</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>32</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(296</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income tax expense</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">7</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>15</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">8</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income (loss) from discontinued operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>17</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(316</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>17</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(304</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">(Loss) gain on disposal of discontinued operations (b)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(8</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(10</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(10</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income tax (credit) expense (c)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(262</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">21</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(225</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">24</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">(Loss) gain on disposal of discontinued operations, net of tax</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>254</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(31</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>232</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(34</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Discontinued operations, net of tax</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>271</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(347</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>249</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(338</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Discontinued operations, net of tax per share</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Basic</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.49</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(0.64</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.46</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(0.63</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Diluted</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.49</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(0.65</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.45</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(0.63</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: Times New Roman;" class="_mt" size="2">Includes goodwill impairment charge of $315 million for the three and six month periods in 2009. </font></p></td></tr></table> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(b)</sup></font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: Times New Roman;" class="_mt" size="2">Includes costs incurred through June&nbsp;30, 2010 related to the sale of Kroll and in 2009 a loss on the sale of KGS. </font></p></td></tr></table> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(c)</sup></font><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Represents primarily the recognition of estimated deferred tax assets associated with the sale of Kroll in the three and six month periods in 2010. The six months of 2010 also includes a tax provision of $36 million on the sale of KLS. </font></p></td></tr></table> </div> 7000000 1000000 1000000 -14000000 -14000000 3559000000 4007000000 10000000 -4000000 5000000 8000000 4000000 3000000 -1000000 10000000 5000000 8000000 4000000 3000000 116000000 95000000 518000000 488000000 3174000000 3166000000 572000000 558000000 109000000 74000000 2800000000 2010-08-03 <div> <table border="0" cellspacing="0" cellpadding="0" width="92%"><tr> <td width="77%"> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Three&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Unrealized gains (pre-tax)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">3</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">3</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Unrealized losses (pre-tax)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> </div> 1077000000 977000000 9900000000 10300000000 <div> <table border="0" cellspacing="0" cellpadding="0" width="92%"><tr> <td width="73%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Three&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td></tr> <tr><td valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Proceeds from the sale of available for sale securities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b><b> </b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b>&#8212;&nbsp;&nbsp;<b> </b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">4</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>14</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> </div> 40000000 70 150 40 50 <div> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>13. <u>Restructuring Costs</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Actions Initiated in 2010 </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">For the first six months of 2010, MMC implemented restructuring actions which resulted in costs totaling $<font class="_mt">41</font> million, primarily related to severance and benefits. Approximately $<font class="_mt">25</font> million of these costs related to cost reduction activities for recent acquisitions. These costs were incurred as follows: Marsh - $<font class="_mt">22</font> million, Guy Carpenter - $<font class="_mt">15</font> million, Mercer - $<font class="_mt">2</font> million and MMC - $<font class="_mt">2</font> million. These activities resulted in the elimination of approximately&nbsp;<font class="_mt">150</font> positions at Marsh,&nbsp;<font class="_mt">70</font> positions at Guy Carpenter,&nbsp;<font class="_mt">40</font> positions at Mercer an d&nbsp;<font class="_mt">50</font> positions at MMC. </font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Actions Initiated Prior to 2010 </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Prior to 2010, MMC implemented several restructuring and cost-saving initiatives related to firm-wide infrastructure, organization structure and operating company business processes. These initiatives resulted in staff reductions and consolidations of facilities. MMC incurred restructuring costs of $<font class="_mt">16</font> million for the six months ended June&nbsp;30, 2010 in connection with actions initiated in prior years, primarily due to severance and related benefits and adjustments to the estimated future rent and real estate costs related to previously vacated space. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">As of June&nbsp;30, 2010, the remaining liability for all restructuring initiatives described above was approximately $<font class="_mt">211</font> million, primarily related to future severance and benefit payments ($<font class="_mt">49</font> million) and future lease agreements ($<font class="_mt">133</font> million). MMC made $<font class="_mt">89</font> million of payments during the six months of 2010 related to its restructuring plans. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The expenses associated with the above initiatives are included in Compensation and benefits and Other operating expenses in the consolidated statements of income. The liabilities associated with these initiatives are classified on the consolidated balance sheets as Accounts payable, Other liabilities, or Accrued compensation, depending on the nature of the items. </font></p> </div> 2 to 4 years <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"><tr> <td width="88%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Foreign currency translation adjustments net of income tax (credit) expense&nbsp;($<font class="_mt">(62)</font> for 2010 and $<font class="_mt">16</font> for 2009, respectively)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$(360</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;304</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Unrealized investment holding losses net of income tax (credit) expense&nbsp;($<font class="_mt">(3)</font> for 2010 and $<font class="_mt">0</font> for 2009, respectively)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(10</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Gains (losses) related to pension/retiree plans net of income tax (credit) expense&nbsp;($<font class="_mt">51</font> for 2010 and $<font class="_mt">(54)</font> for 2009, respectively)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>135</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(129</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Other comprehensive (loss) income</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(235</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">174</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) before non-controlling interests</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>494</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(9</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Comprehensive income before non-controlling interests</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>259</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">165</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Comprehensive income&nbsp;attributable to non-controlling interests</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(10</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(8</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Comprehensive income attributable to MMC</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;249</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;157</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> </div> <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"><tr> <td width="72%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Three Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;48</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;45</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>141</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">138</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(200</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(194</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service credit</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(5</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(13</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(4</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(4</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>37</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">17</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost (credit)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;21</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;(7</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;2</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;3</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td height="16"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td></tr> <tr><td valign="top"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Combined U.S. and significant non-U.S. Plans</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Six Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;98</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;91</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;3</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;3</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>286</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">268</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(404</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(381</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service credit</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(10</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(25</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(7</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>72</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">34</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost (credit)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> <p align="justify">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;42</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;(13</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;3</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;5</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"> <p align="right">&nbsp;</p></td></tr> <tr><td height="16"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td></tr> <tr><td valign="top"><font style="font-family: ARIAL;" class="_mt" size="2"><b>U.S. Plans only</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Three Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;19</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;18</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>57</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">56</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(74</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(73</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service credit</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(5</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(12</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(4</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(4</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>19</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">13</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;16</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;2</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td height="16"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td></tr> <tr><td valign="top"><font style="font-family: ARIAL;" class="_mt" size="2"><b>U.S. Plans only</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Six Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;38</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;38</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>113</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">110</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>5</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">6</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(147</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(146</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service credit</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(9</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(24</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(7</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>36</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">26</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;31</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;2</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> </div> <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"><tr> <td width="76%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Three Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;29</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;27</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>84</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">82</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(126</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(121</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>18</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost (credit)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;(9</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;2</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;2</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td height="16"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td></tr> <tr><td valign="top"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Significant non-U.S. Plans only</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Six Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;60</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;53</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>173</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">158</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(257</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(235</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>36</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost (credit)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;11</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;(17</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;3</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;3</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top" colspan="12"> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">The weighted average actuarial assumptions utilized to calculate the net periodic benefit costs for the U.S. and significant non-U.S. defined benefit plans are as follows:</font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Combined U.S. and significant non-U.S. Plans</b></font></p></td> <td valign="top"> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;"> </p> <p style="margin-top: 0px; margin-bottom: 0px;">&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;"> </p> <p style="margin-top: 0px; margin-bottom: 1px;">&nbsp;</p></td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Weighted average assumptions:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>8.1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>%&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8.2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">%&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Discount rate</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6.0</b></font></p></td> <td valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>%&nbsp;</b></font></p></td> <td valign="bottom"> <p align="right">&nbsp;</p></td> <td valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">6.5</font></p></td> <td valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">%&nbsp;</font></p></td> <td valign="bottom"> <p align="right">&nbsp;</p></td> <td valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6.3</b></font></p></td> <td valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>%&nbsp;</b></font></p></td> <td valign="bottom"> <p align="right">&nbsp;</p></td> <td valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">6.7</font></p></td> <td valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">%&nbsp;</font></p></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Rate of compensation increase</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4.2</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>%&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3.7</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">%&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> </div> <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Basic EPS Calculation</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><i>Continuing Operations</i></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended </font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions, except per share figures)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) from continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$(29</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$157</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$245</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$329</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Non-controlling interests</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>10</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) from continuing operations attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$(35</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$154</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$235</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$321</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Portion attributable to participating securities</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(1</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">5</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">10</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) attributable to common shares for basic earnings per share</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$(34</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$149</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$231</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$311</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Basic weighted average common shares outstanding</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>537</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> </div> <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Basic EPS Calculation</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><i>Net Income</i></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended </font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions, except per share figures)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$236</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$(193</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$484</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$(17</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Portion attributable to participating securities</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(4</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>8</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) attributable to common shares for basic earnings per share</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$233</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$(189</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$476</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$(17</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Basic weighted average common shares outstanding</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>537</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> </div> <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="72%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Diluted EPS Calculation</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><i>Continuing Operations</i></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended </font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions, except per share figures)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) from continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;&nbsp;(29</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;157</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;245</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;329</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Non-controlling interests</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>10</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) from continuing operations attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;&nbsp;(35</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;154</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;235</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;321</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Portion attributable to participating securities </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(1)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">5</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">10</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) attributable to common shares for diluted earnings per share</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;&nbsp;(35</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;149</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;231</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;311</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Basic weighted average common shares outstanding</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>537</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Dilutive effect of potentially issuable common shares</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Diluted weighted average common shares outstanding</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">523</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Average stock price used to calculate common stock equivalents</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$23.16</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$20.12</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$23.00</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$20.23</font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(1)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">For the three months ended June&nbsp;30, 2010 earnings per share was more dilutive under the treasury stock method. Therefore, no amounts are allocated to participating securities in this period.</font></p></td></tr></table> </div> <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="72%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Diluted EPS Calculation</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><i>Net Income</i></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended </font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions, except per share figures)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;236</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;(193</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;484</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;(17</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Portion attributable to participating securities </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(2)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>8</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) attributable to common shares for diluted earnings per share</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;233</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;(193</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;476</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;(17</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Basic weighted average common shares outstanding</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>537</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Dilutive effect of potentially issuable common shares</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Diluted weighted average common shares outstanding</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>545</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Average stock price used to calculate common stock equivalents</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$23.16</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$20.12</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$23.00</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$20.23</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(2)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">For the three and six months ended June&nbsp;30, 2009, earnings per share was more dilutive under the treasury stock method. Therefore, no amounts are allocated to participating securities in these periods. </font></p></td></tr></table> </div> <div> <table border="0" cellspacing="0" cellpadding="0" width="68%"><tr> <td width="79%"> </td> <td valign="bottom" width="18%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>For the Years Ending December&nbsp;31,</b></font></p> <p style="border-bottom: #000000 1px solid; margin-top: 0px; width: 122pt; margin-bottom: 1px;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Estimated&nbsp;Expense</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2010 (excludes amortization through June 30, 2010)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">21</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2011</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">42</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2012</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">40</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2013</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">35</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2014</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">28</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Subsequent years</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">176</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">342</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> </div> <div> <div> <table border="0" cellspacing="0" cellpadding="0" width="76%"> <tr><td width="84%"> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Assets acquired, excluding cash</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>532</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">194</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Liabilities assumed</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(115</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(10</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Shares issued (7.4 million and 5.4&nbsp;million shares in 2010 and 2009, respectively)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(178</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(108</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Contingent purchase consideration</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(55</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Deferred purchase consideration</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>14</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(70</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net cash outflow for acquisitions</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>198</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="76%"> <tr><td width="86%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Interest paid</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>113</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">107</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income taxes paid</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>34</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">56</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table></div> </div> <div> <table border="0" cellspacing="0" cellpadding="0" width="76%"><tr> <td width="86%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>For the Six Months Ended June&nbsp;30</b></font></p> <p style="border-bottom: #000000 1px solid; margin-top: 0px; width: 118pt; margin-bottom: 1px;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net cash (used for) provided by operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(22</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">45</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net cash provided by investing activities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(13</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(26</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> </div> 6669000000 6534000000 0.58 0.42 0.65 0.35 342000000 0.83 15000000 8000000 0 -3000000 2298000000 2524000000 1332000000 1345000000 -2171000000 -2406000000 1211000000 1149000000 9000000 9000000 -33000000 -33000000 107000000 106000000 32000000 36000000 15337000000 15621000000 4931000000 5168000000 38000000 24000000 53000000 38000000 3000000 -2000000 3000000 1000000 1000000 8000000 3000000 55000000 55000000 47000000 195000000 474000000 472000000 45000000 0.01 0.47 0.67 0.01 0.47 0.67 352000000 560000000 247000000 0.63 1.00 0.43 0.63 0.99 0.43 <div> <table border="0" cellspacing="0" cellpadding="0" width="84%"><tr> <td width="72%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six Months Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp;30</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Year Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>December&nbsp;31</b></font></td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 115pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions, except per share data)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Revenue</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>5,320</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">5,163</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">10,280</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income from continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>247</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">352</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">560</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net income attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>371</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">256</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Basic net income per share:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.43</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.63</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">1.00</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Net income attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.67</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.01</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.47</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Diluted net income per share:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.43</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.63</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.99</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Net income attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.67</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.01</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.47</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> </div> 6000000 256000000 371000000 5163000000 10280000000 5320000000 589000000 474000000 57000000 75000000 115000000 -70000000 14000000 40000000 127000000 288000000 52000000 138000000 20000000 -55000000 <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>7. <u>Acquisitions</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In 2010, MMC has made four acquisitions in its Risk and Insurance Services segment, two of which were made in the second quarter of 2010. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">On April&nbsp;1, 2010, Marsh completed the acquisition of HSBC Insurance Brokers Ltd. This transaction deepens Marsh's presence in the U.K., Hong Kong, Singapore, China and the Middle East. As part of the acquisition agreement, Marsh also entered into a strategic partnership with HSBC Bank that gives MMC preferred access to provide insurance broking and risk management services to HSBC and their corporate and private clients. On April&nbsp;30, 2010, Marsh&nbsp;&amp; McLennan Agency acquired the Bostonian Group, one of the largest regional insurance brokerages in New England. This transaction increases Marsh's middle market presence. During the first quarter of 2010, Marsh acquired Haake Companies, Inc., one of the largest independent insurance broking firms in the Midwest, and Thomas Rutherfoord, Inc., one of the largest insurance broking firms in the Southeast and mid - -Atlantic regions in the U.S. These acquisitions were made to expand Marsh's share in the middle-market through Marsh&nbsp;&amp; McLennan Agency. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total purchase consideration for the four acquisitions made during 2010 was $<font class="_mt">472</font> million which consisted of cash paid of $<font class="_mt">239</font> million, the issuance of&nbsp;<font class="_mt">7.4</font>&nbsp;million shares with a fair value of $<font class="_mt">178</font> million, and estimated contingent consideration of $<font class="_mt">55</font> million. Contingent consideration arrangements are primarily based on EBITDA and revenue targets over two to four years. The fair value of the contingent consideration was based on earnings projections of the acquired entities. Estimated fair values of assets acquired and liabilities assumed are subject to adjustment when purchase accounting is finalized. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In 2010, MMC also paid $<font class="_mt">14</font> million of deferred purchase consideration and $<font class="_mt">2</font> million of contingent purchase consideration related to acquisitions made in prior years. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The following table presents the preliminary allocation of the acquisition costs for the companies acquired by MMC during 2010 to the assets acquired and liabilities assumed, based on their fair values, including contingent consideration from prior acquisitions (amounts in millions): </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="68%"> <tr><td width="91%"> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Cash</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">241</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC common shares</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">178</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Contingent consideration</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">55</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total Consideration</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">474</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Allocation of purchase price:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Cash and cash equivalents</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">57</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Accounts receivable, net</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">81</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Property, plant, and equipment</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">5</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">20</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Intangible assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">138</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">288</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total assets acquired</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">589</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Current liabilities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">75</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other liabilities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">40</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total liabilities assumed</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">115</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net assets acquired</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">474</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In the first quarter of 2010, MMC paid deferred purchase consideration of $<font class="_mt">15</font> million related to the purchase in 2009 of the minority interest of a previously controlled entity. </font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><i>Prior Year Acquisitions </i></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">During the six months ended June&nbsp;30, 2009, MMC made one acquisition in its Risk and Insurance Services segment for total purchase consideration of $<font class="_mt">195</font> million. The allocation of purchase consideration resulted in acquired goodwill and other intangible assets, amounting to $<font class="_mt">127</font> million and $<font class="_mt">52</font> million, respectively. MMC also paid $<font class="_mt">3</font> million of contingent consideration in 2009 related to prior acquisitions. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In the first quarter of 2009, MMC's Risk&nbsp;&amp; Insurance Services segment acquired the remaining minority interest of a previously majority owned entity for total purchase consideration of $<font class="_mt">47</font> million. The accounting guidance requires that changes in a parent's ownership interest while retaining financial controlling interest in a subsidiary be accounted for as an equity transaction. Stepping up the acquired assets to fair value or the recording of goodwill is no longer permitted. Therefore, MMC recorded a decrease to additional paid in capital in the first quarter of 2009 of $<font class="_mt">38</font> million related to this transaction. </font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><i>Pro-Forma Information </i></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The following unaudited pro-forma financial data gives effect to the acquisitions made by MMC during 2010, as if they occurred on January&nbsp;1, 2009. The pro-forma information adjusts for the effects of amortization of acquired intangibles. The pro-forma information also reflects the classification of Kroll's operating results to discontinued operations for all periods presented. The unaudited pro-forma financial data is presented for illustrative purposes only and is not necessarily indicative of the operating results that would have been achieved if such acquisitions had occurred on the dates indicated, nor is it necessarily indicative of future consolidated results. </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="84%"> <tr><td width="72%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six Months Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp;30</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Year Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>December&nbsp;31</b></font></td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 115pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions, except per share data)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Revenue</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>5,320</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">5,163</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">10,280</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income from continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>247</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">352</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">560</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net income attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>371</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">256</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Basic net income per share:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.43</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.63</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">1.00</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Net income attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.67</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.01</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.47</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Diluted net income per share:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.43</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.63</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.99</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Net income attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.67</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.01</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.47</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The pro-forma information provided above excludes the results of ORC Worldwide which was acquired on July&nbsp;30, 2010. </font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><i>Acquisitions Subsequent to the Balance Sheet Date </i></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">On July&nbsp;1, 2010, Mercer completed the acquisition of Innovative Process Administration ("IPA"), a provider of health benefits record keeping and employee enrollment technology to enhance its outsourcing platform. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">On July&nbsp;30, 2010, Mercer completed the acquisition of ORC Worldwide, a human resource knowledge provider, to become an unparalleled provider of global human resource intelligence and to further strengthen related international consulting, conference and educational related international consulting, conference and educational services. MMC paid approximately $<font class="_mt">45</font> million for these two acquisitions. </font></p> </div> 5000000 178000000 178000000 241000000 239000000 1685000000 1291000000 1777000000 1510000000 1707000000 1475000000 -394000000 -267000000 <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>5. <u>Supplemental Disclosures to the Consolidated Statements of Cash Flows</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The following schedule provides additional information concerning acquisitions, interest and income taxes paid for the six-month periods ended June&nbsp;30, 2010 and 2009. </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="76%"> <tr><td width="84%"> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Assets acquired, excluding cash</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>532</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">194</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Liabilities assumed</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(115</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(10</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Shares issued&nbsp;<font class="_mt">(7.4</font> million and&nbsp;<font class="_mt">5.4</font>&nbsp;million shares in 2010 and 2009, respectively)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(178</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(108</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Contingent purchase consideration</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(55</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Deferred purchase consideration</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>14</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(70</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net cash outflow for acquisitions</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>198</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="76%"> <tr><td width="86%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Interest paid</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>113</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">107</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income taxes paid</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>34</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">56</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC had non-cash issuances of common stock under its share-based payment plan of $<font class="_mt">132</font> million and $<font class="_mt">82</font> million for the six months ended June&nbsp;30, 2010 and 2009, respectively. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The consolidated cash flow statements include the cash flow impact by each cash flow category for Kroll, which is reflected as a discontinued operation. The cash flow impact of discontinued operations from the operating, financing and investing cash flow categories is as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="76%"> <tr><td width="86%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>For the Six Months Ended June&nbsp;30</b></font></p> <p style="border-bottom: #000000 1px solid; margin-top: 0px; width: 118pt; margin-bottom: 1px;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net cash (used for) provided by operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(22</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">45</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net cash provided by investing activities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(13</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(26</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The information above excludes the cash flow impacts of the actual disposal transaction related to discontinued operations because MMC believes the disposal transaction to be cash flows attributable to the parent company, arising from its decision to dispose of the discontinued operation. MMC's cash flow reflects the cash provided by investing activities of $<font class="_mt">110</font> million from the disposal of KLS in 2010 and $<font class="_mt">70</font> million from the sale of Kroll Government Services ("KGS") in 2009. These amounts have been excluded from the information presented in the above chart. </font></p> </div> -26000000 -13000000 45000000 -22000000 0.6 0.6 1 1 1600000000 1600000000 560641640 560641640 523000000 542000000 561000000 561000000 157000000 249000000 -8000000 -10000000 165000000 165000000 259000000 259000000 <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6.&nbsp;<u>Comprehensive Income (Loss)</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">The components of comprehensive income (loss) for the six-month periods ended June&nbsp;30, 2010 and 2009 are as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="88%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Foreign currency translation adjustments net of income tax (credit) expense&nbsp;($<font class="_mt">(62)</font> for 2010 and $<font class="_mt">16</font> for 2009, respectively)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$(360</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;304</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Unrealized investment holding losses net of income tax (credit) expense&nbsp;($<font class="_mt">(3)</font> for 2010 and $<font class="_mt">0</font> for 2009, respectively)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(10</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Gains (losses) related to pension/retiree plans net of income tax (credit) expense&nbsp;($<font class="_mt">51</font> for 2010 and $<font class="_mt">(54)</font> for 2009, respectively)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>135</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(129</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Other comprehensive (loss) income</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(235</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">174</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) before non-controlling interests</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>494</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(9</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Comprehensive income before non-controlling interests</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>259</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">165</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Comprehensive income&nbsp;attributable to non-controlling interests</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(10</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(8</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Comprehensive income attributable to MMC</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;249</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;157</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> </div> 4000000 1000000 1000000 60000000 3592000000 3588000000 <div> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>12.&nbsp;&nbsp;&nbsp;&nbsp;<u>Debt</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">MMC's outstanding debt is as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="82%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" align="right"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>June&nbsp;30,</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" align="right"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">December&nbsp;31,</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></p></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Short-term:</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Current portion of long-term debt</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;558</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;558</font></td></tr> <tr><td height="8"> </td> <td height="8" colspan="2"> </td> <td height="8" colspan="2"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Long-term:</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">6.25</font>% due&nbsp;<font class="_mt">2012</font> <font class="_mt">(<font class="_mt">5.1</font></font>% effective interest rate) </font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;254</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;255</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">4.850</font>% due 2013</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>250</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">249</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">5.875</font>% due 2033</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>296</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">296</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">5.375</font>% due 2014</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>648</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">648</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">5.15</font>% due 2010</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>550</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">549</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">5.75</font>% due 2015</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>747</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">747</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">9.25</font>% due 2019</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>397</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">398</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Mortgage &ndash; <font class="_mt">5.70</font>% due 2035</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>443</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">447</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Other</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3,588</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3,592</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less current portion</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>558</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">558</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$3,030</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$3,034</font></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">On October&nbsp;23, 2009, MMC and certain of its foreign </font><font style="font-family: ARIAL;" class="_mt" size="2">subsidiaries entered into a new $<font class="_mt">1.0</font> billion multi-currency three-year unsecured revolving credit facility, which replaced the $<font class="_mt">1.2</font> billion facility discussed below. The interest rate on this facility varies based upon MMC's credit ratings and MMC's credit default swap levels subject to floors and caps. The facility requires MMC to maintain certain coverage and leverage ratios which are tested quarterly. There were no borrowings outstanding under this facility at June&nbsp;30, 2010. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></p><font style="font-family: ARIAL;" class="_mt" size="2"><font style="line-height: 115%; font-size: 10pt;" class="_mt"><font style="font-family: 'Times New Roman','serif';" class="_mt"><font style="line-height: 115%; font-size: 10pt;" class="_mt"> </font></font></font></font> <p style="line-height: 115%; margin: 0in 0in 10pt; font-family: 'Calibri','sans-serif'; font-size: 11pt;" class="MsoNormal"><font style="line-height: 115%; font-family: 'Arial','sans-serif'; font-size: 10pt;" class="_mt">MMC and certain of its foreign subsidiaries previously maintained a $<font class="_mt">1.2</font> billion multi-currency five-year revolving credit facility. The facility was previously due to expire in December 2010 and was in effect until <font class="_mt">October 2009</font>. There were no borrowings outstanding under this facility at the time it was terminated.</font></p> </div> 0.051 0.057 0.0625 0.0485 0.05375 0.0575 0.0925 0.05875 0.0515 2010-12-01 16000000 22000000 265000000 1242000000 1144000000 8000000 1000000 34000000 26000000 1000000 4000000 1000000 17000000 13000000 1000000 36000000 72000000 36000000 18000000 37000000 19000000 -1000000 -7000000 -25000000 -24000000 -7000000 -1000000 -4000000 -13000000 -12000000 -4000000 -1000000 -7000000 -10000000 -9000000 -7000000 -4000000 -5000000 -5000000 -4000000 94000000 199000000 0.067 0.065 0.063 0.06 0.082 0.081 0.037 0.042 500000000 0.36 0.64 100000000 -235000000 -381000000 -146000000 -121000000 -194000000 -73000000 -257000000 -404000000 -147000000 -126000000 -200000000 -74000000 158000000 2000000 8000000 268000000 110000000 6000000 82000000 1000000 4000000 138000000 56000000 3000000 173000000 2000000 7000000 286000000 113000000 5000000 84000000 1000000 4000000 141000000 57000000 3000000 -17000000 3000000 5000000 -13000000 4000000 2000000 -9000000 2000000 3000000 -7000000 2000000 1000000 11000000 3000000 3000000 42000000 31000000 5000000 2000000 2000000 21000000 16000000 53000000 1000000 3000000 91000000 38000000 2000000 27000000 1000000 2000000 45000000 18000000 1000000 60000000 1000000 3000000 98000000 38000000 2000000 29000000 1000000 2000000 48000000 19000000 1000000 0.45 0.55 151000000 154000000 -10000000 -10000000 7000000 -8000000 -34000000 -31000000 232000000 254000000 -296000000 -309000000 32000000 17000000 -304000000 -316000000 17000000 17000000 8000000 7000000 15000000 24000000 21000000 -225000000 -262000000 36000000 <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>8. <u>Dispositions</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">On August&nbsp;3, 2010, MMC completed its sale of Kroll to Altegrity for cash proceeds of $<font class="_mt">1.13</font> billion. The account balances and activities of Kroll were segregated and reported as discontinued operations in the accompanying consolidated balance sheets at June&nbsp;30, 2010 and December&nbsp;31, 2009 and the accompanying consolidated statements of income for the three-month and six-month periods ended June&nbsp;30, 2010 and 2009. MMC will record the disposal of Kroll in the third quarter of 2010. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC's tax basis in its investment in the stock of Kroll exceeds the recorded amount primarily as a result of prior impairments of goodwill recognized for financial reporting, but not tax. Prior to the second quarter of 2010, a tax benefit was not recorded for this temporary difference because it was not apparent in the foreseeable future that it would reverse in a transaction that would result in a tax benefit. Since Kroll met the criteria for classification as a discontinued operation in the second quarter of 2010, MMC determined that it had the ability to carry back the capital loss realized against prior realized capital gains. Therefore, a $<font class="_mt">265</font> million deferred tax benefit was recorded in discontinued operations in the second quarter of 2010 to establish a deferred tax asset. </font></p> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In the first quarter of 2010, Kroll completed the sale of KLS. The after-tax loss on this disposal is included in discontinued operations in 2010. The operating results of KLS have been reclassified into discontinued operations. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In the second quarter of 2009, Kroll completed the sale of Kroll Government Services ("KGS"). The operating results of KGS for the second quarter of 2009 are included in discontinued operations. Discontinued operations in the second quarter of 2010 and 2009 also includes the accretion of interest related to an indemnity for uncertain tax positions provided as part of the purchase by Great West Lifeco Inc. of Putnam Investments Trust from MMC in August 2007. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Summarized Statements of Income data for discontinued operations is as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="92%"> <tr><td width="74%"> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="6" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Three&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="6" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six Months Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp;30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Revenue</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>163</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">173</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>325</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">359</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income before taxes (a)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>17</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(309</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>32</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(296</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income tax expense</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">7</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>15</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">8</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income (loss) from discontinued operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>17</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(316</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>17</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(304</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">(Loss) gain on disposal of discontinued operations (b)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(8</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(10</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(10</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income tax (credit) expense (c)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(262</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">21</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(225</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">24</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">(Loss) gain on disposal of discontinued operations, net of tax</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>254</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(31</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>232</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(34</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Discontinued operations, net of tax</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>271</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(347</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>249</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(338</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Discontinued operations, net of tax per share</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Basic</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.49</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(0.64</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.46</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(0.63</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Diluted</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.49</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(0.65</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.45</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(0.63</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font></td> <td class="MetaData" valign="top" align="left"> <p align="left"><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: Times New Roman;" class="_mt" size="2">Includes goodwill impairment charge of $<font class="_mt">315</font> million for the three and six month periods in 2009. </font></p></td></tr></table> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(b)</sup></font></td> <td class="MetaData" valign="top" align="left"> <p align="left"><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: Times New Roman;" class="_mt" size="2">Includes costs incurred through June 30, 2010 related to the sale of Kroll and in 2009 a loss on the sale of KGS. </font></p></td></tr></table> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(c)</sup></font><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td> <td class="MetaData" valign="top" align="left"> <p align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Represents primarily the recognition of estimated deferred tax assets associated with the sale of Kroll in the three and six month periods in 2010. The six months of 2010 also includes a tax provision of $<font class="_mt">36 </font>million on the sale of KLS. </font></p></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The assets and liabilities of Kroll are classified as current assets, non-current assets and current liabilities of discontinued operations in the Consolidated Balance Sheets at June&nbsp;30, 2010 and December&nbsp;31, 2009. The assets of Kroll primarily consist of goodwill, other identified intangible assets, commissions and fees receivable and fixed assets. </font></p> </div> 8000000 8000000 8000000 8000000 312000000 312000000 322000000 322000000 109000000 -0.03 -0.36 0.89 0.43 -0.03 -0.37 0.88 0.43 <div> <div><font style="font-family: ARIAL;" class="_mt" size="2"><b> </b></font> <div><font style="font-family: ARIAL;" class="_mt" size="2"><b> </b></font> <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>4. <u>Per Share Data</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Effective January&nbsp;1, 2009, MMC adopted the guidance for the calculation of earnings per share ("EPS") for share-based payment awards with rights to dividends or dividend equivalents. The guidance indicates that unvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are participating securities and should be included in the computation of basic and dilutive EPS using the two-class method. </font></p> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Basic net income per share attributable to MMC and income from continuing operations per share are calculated by dividing the respective after-tax income attributable to common shares by the weighted average number of outstanding shares of MMC's common stock. </font></p></div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Diluted net income per share attributable to MMC and income from continuing operations per share are calculated by dividing the respective after-tax income attributable to common shares by the weighted average number of outstanding shares of MMC's common stock, which have been adjusted for the dilutive effect of potentially issuable common shares (excluding those that are considered participating securities). The diluted earnings per share calculation reflects the more dilutive effect of either (a)&nbsp;the two-class method that assumes that the participating securities have not been exercised or (b)&nbsp;the treasury stock method. Reconciliation of the applicable income components used for diluted earnings per share and basic weighted average common shares outstanding to diluted weighted average common shares outstanding is presented below.</font></p></div> <p style="margin-top: 18px; margin-bottom: 0px;"> </p><font style="font-family: ARIAL;" class="_mt" size="2"> </font>&nbsp;</div></div> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="66%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Basic EPS Calculation</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><i>Continuing Operations</i></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended </font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions, except per share figures)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) from continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$(29</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$157</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$245</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$329</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Non-controlling interests</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>10</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) from continuing operations attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$(35</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$154</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$235</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$321</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Portion attributable to participating securities</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(1</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">5</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">10</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) attributable to common shares for basic earnings per share</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$(34</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$149</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$231</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$311</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Basic weighted average common shares outstanding</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>537</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Basic EPS Calculation</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><i>Net Income</i></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended </font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions, except per share figures)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$236</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$(193</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$484</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$(17</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Portion attributable to participating securities</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(4</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>8</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) attributable to common shares for basic earnings per share</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$233</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$(189</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$476</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$(17</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Basic weighted average common shares outstanding</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>537</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="72%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Diluted EPS Calculation</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><i>Continuing Operations</i></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended </font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions, except per share figures)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) from continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;&nbsp;(29</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;157</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;245</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;329</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Non-controlling interests</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>10</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) from continuing operations attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;&nbsp;(35</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;154</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;235</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;321</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Portion attributable to participating securities </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(1)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">5</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">10</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) attributable to common shares for diluted earnings per share</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;&nbsp;(35</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;149</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;231</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;311</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Basic weighted average common shares outstanding</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>537</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Dilutive effect of potentially issuable common shares</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Diluted weighted average common shares outstanding</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">523</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Average stock price used to calculate common stock equivalents</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$23.16</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$20.12</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$23.00</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$20.23</font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(1)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td class="MetaData" valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">For the three months ended June 30, 2010 earnings per share was more dilutive under the treasury stock method. Therefore, no amounts are allocated to participating securities in this period. </font></p></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="72%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Diluted EPS Calculation</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><i>Net Income</i></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended </font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions, except per share figures)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;236</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;(193</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;484</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;(17</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Portion attributable to participating securities </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(2)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>8</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) attributable to common shares for diluted earnings per share</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;233</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;(193</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;476</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;(17</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Basic weighted average common shares outstanding</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>537</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Dilutive effect of potentially issuable common shares</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Diluted weighted average common shares outstanding</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>545</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Average stock price used to calculate common stock equivalents</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$23.16</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$20.12</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$23.00</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$20.23</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(2)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td class="MetaData" valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">For the three and six months ended June 30, 2009, earnings per share was more dilutive under the treasury stock method. Therefore, no amounts are allocated to participating securities in these periods. </font></p></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">There were&nbsp;<font class="_mt">45.6</font>&nbsp;million and&nbsp;<font class="_mt">47.4</font>&nbsp;million stock options outstanding as of June&nbsp;30, 2010 and 2009, respectively. </font></p> </div> 0.274 0.219 0.149 0.674 140000000 -121000000 1290000000 810000000 151000000 <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="60%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Identical Assets</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>(Level 1)</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Observable&nbsp;Inputs</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>(Level 2)</b> </font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Unobservable</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Inputs</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>(Level 3)</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Total</b></font></td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>6/30/10</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>12/31/09</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>6/30/10</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>12/31/09</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>6/30/10</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>12/31/09</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>6/30/10</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>12/31/09</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Assets:</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Financial instruments owned:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Exchange traded equity securities (a)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">10</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">10</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Mutual funds (a)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>127</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">141</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b> </b><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b> </b>&#8212;&nbsp;&nbsp; <b> </b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>127</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">141</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Medium term bond funds and fixed income securities (a)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Money market funds (b)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>225</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">448</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>225</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">448</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total assets measured at fair value</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>353</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">599</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>353</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">605</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Fiduciary Assets:</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">State and local obligations (including non U.S. locales)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>99</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">161</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>99</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">161</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other sovereign government obligations and supranational agencies</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>244</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">370</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b> </b><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b> </b>&#8212;&nbsp;&nbsp; <b> </b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>244</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">370</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Corporate and other debt</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>31</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">46</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>31</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">46</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Money market funds</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>338</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">235</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>338</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">235</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total fiduciary assets measured at fair value</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>338</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">235</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>374</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">577</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>712</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">812</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">(a)</font></td> <td valign="top" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Included in other assets in the consolidated balance sheets. </font></td></tr></table> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">(b)</font></td> <td valign="top" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Included in cash and cash equivalents in the consolidated balance sheets. </font></td></tr></table> </div> <div> <table border="0" cellspacing="0" cellpadding="0" width="92%"><tr> <td width="68%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp;30, 2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>December&nbsp;31, 2009</b></font></td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Carrying</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amount</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Fair</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Value</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Carrying</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amount</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Fair</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Value</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Cash and cash equivalents </font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1,475</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1,475</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">1,707</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">1,707</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Long-term investments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>74</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>69</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">109</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">102</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Short-term debt</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>558</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>558</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">558</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">572</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Long-term debt</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>3,030</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>3,166</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">3,034</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">3,174</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr></table> </div> <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>10. <u>Fair Value Measurements</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><i>Fair Value Hierarchy </i></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC has categorized its assets and liabilities that are valued at fair value on a recurring basis into a three-level fair value hierarchy as defined by the FASB in ASC Topic No.&nbsp;820 ("Fair Value Measurements and Disclosures"). The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets and liabilities (Level 1) and lowest priority to unobservable inputs (Level 3). In some cases, the inputs used to measure fair value might fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Assets and liabilities recorded in the consolidated balance sheets at fair value are categorized based on the inputs in the valuation techniques as follows: </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><i>Level&nbsp;1.</i> Assets and liabilities whose values are based on unadjusted quoted prices for identical assets or liabilities in an active market (examples include active exchange-traded equity securities, most U.S.&nbsp;Government and agency securities, money market mutual funds and certain other sovereign government obligations). </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><i>Level&nbsp;2.</i> Assets and liabilities whose values are based on the following: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="4%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">a)</font></td> <td valign="top" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Quoted prices for similar assets or liabilities in active markets; </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="4%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">b)</font></td> <td valign="top" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Quoted prices for identical or similar assets or liabilities in non-active markets (examples include corporate and municipal bonds, which trade infrequently); </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="4%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">c)</font></td> <td valign="top" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Pricing models whose inputs are observable for substantially the full term of the asset or liability (examples include most over-the-counter derivatives, including interest rate and currency swaps);&nbsp;and </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="4%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">d)</font></td> <td valign="top" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Pricing models whose inputs are derived principally from or corroborated by observable market data through correlation or other means for substantially the full asset or liability (for example, certain mortgage loans). </font></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><i>Level&nbsp;3.</i> Assets and liabilities whose values are based on prices, or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. </font></p> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">These inputs reflect management's own assumptions about the assumptions a market participant would use in pricing the asset or liability (examples include private equity investments, certain commercial mortgage whole loans, and long-dated or complex derivatives including certain foreign exchange options and long-dated options on gas and power). </font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><i>Valuation Techniques </i></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><u>Equity Securities&nbsp;&amp; Mutual Funds </u></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Investments for which market quotations are readily available are valued at the sale price on their principal exchange, or official closing bid price for certain markets. If no sales are reported, the security is valued at its last reported bid price. </font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><u>Other Sovereign Government Obligations, Municipal Bonds and Corporate Bonds</u> </font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The investments listed in the caption above are valued on the basis of valuations furnished by an independent pricing service approved by the trustees or dealers selected by Putnam Investment Management LLC ("Putnam Management"), manager of the Putnam mutual funds, a wholly owned subsidiary of Putnam LLC. Such services or dealers determine valuations for normal institutional-size trading units of such securities using methods based on market transactions for comparable securities and various relationships, generally recognized by institutional traders, between securities. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The following fair value hierarchy table presents information about the Company's assets and liabilities measured at fair value on a recurring basis as of June&nbsp;30, 2010 and December&nbsp;31, 2009. </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="60%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Identical Assets</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>(Level 1)</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Observable&nbsp;Inputs</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>(Level 2)</b> </font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Unobservable</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Inputs</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>(Level 3)</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Total</b></font></td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>6/30/10</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>12/31/09</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>6/30/10</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>12/31/09</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>6/30/10</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>12/31/09</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>6/30/10</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>12/31/09</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Assets:</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Financial instruments owned:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Exchange traded equity securities (a)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">10</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">10</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Mutual funds (a)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>127</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">141</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b> </b><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b> </b>&#8212;&nbsp;&nbsp; <b> </b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>127</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">141</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Medium term bond funds and fixed income securities (a)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Money market funds (b)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>225</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">448</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>225</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">448</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total assets measured at fair value</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>353</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">599</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>353</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">605</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Fiduciary Assets:</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">State and local obligations (including non U.S. locales)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>99</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">161</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>99</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">161</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other sovereign government obligations and supranational agencies</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>244</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">370</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b> </b><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b> </b>&#8212;&nbsp;&nbsp; <b> </b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>244</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">370</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Corporate and other debt</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>31</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">46</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>31</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">46</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Money market funds</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>338</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">235</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>338</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">235</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total fiduciary assets measured at fair value</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>338</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">235</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>374</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">577</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>712</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">812</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">(a)</font></td> <td class="MetaData" valign="top" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Included in other assets in the consolidated balance sheets. </font></td></tr></table> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">(b)</font></td> <td class="MetaData" valign="top" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Included in cash and cash equivalents in the consolidated balance sheets. </font></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">There were no assets that transferred between Level 1 and Level 2 between December&nbsp;31, 2009 and June&nbsp;30, 2010. </font></p> </div> 166000000 183000000 15000000 21000000 22000000 176000000 395000000 525000000 229000000 342000000 <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In May 2010, the FASB issued guidance for foreign currency issues and Venezuela's highly inflationary status. The guidance states that Venezuela's economy should be considered highly inflationary as of January&nbsp;1, 2010 and therefore a U.S. dollar reporting entity must remeasure the financial statements of its Venezuelan subsidiaries as if the subsidiaries' functional reporting currency were the entity's reporting currency (i.e., the U.S. dollar). Any differences between the U.S. dollar denominated balances recorded by the Venezuelan subsidiaries and the amounts reported in the entity's consolidated financial statements must be recognized in earnings or as part of its cumulative translation adjustment. The adoption of the guidance did not have a material impact on the Company's financial statements. </font></p></div> </div> 28000000 42000000 35000000 40000000 -50000000 25000000 -39000000 -30000000 6825000000 5851000000 800000000 6781000000 6157000000 700000000 130000000 288000000 <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>9. <u>Goodwill and Other Intangibles</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC is required to assess goodwill and any indefinite-lived intangible assets for impairment annually, or more frequently if circumstances indicate impairment may have occurred. MMC performs the annual impairment test for each of its reporting units during the third quarter of each year. Fair values of the reporting units are estimated using a market approach or a discounted cash flow model. Carrying values for the reporting units are based on balances at the prior quarter end and include directly identified assets and liabilities as well as an allocation of those assets and liabilities not recorded at the reporting unit level. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">As previously reported, in the second quarter of 2009, Kroll completed the sale of KGS, its U.S. government security clearance screening business. As a result of the sale, MMC allocated goodwill between KGS (the portion of the reporting unit sold) and Kroll (the portion of the reporting unit retained), based on the relative fair value of the two portions. In addition, MMC evaluated the portion of the reporting unit retained for potential impairment. Fair value was estimated using a market approach, based on management's latest projections and outlook for the businesses in the current environment. This fair value determination was categorized as level 3 in the fair value hierarchy. On the basis of the step one impairment test, MMC concluded that goodwill in the reporting unit was impaired and completed the required step two portion of the impairment assessment. A step two impairment te st, which under ASC Topic No.&nbsp;350 ("Intangibles &ndash; Goodwill and Other") is required to be completed after an impairment is indicated in a step one test, requires a complete re-valuation of all assets and liabilities of the reporting units in the same manner as a business combination. MMC recorded a non-cash charge of $<font class="_mt">315</font> million to write down Kroll's goodwill to its estimated fair value. This charge is included in discontinued operations, which also includes the operating results of Kroll. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other intangible assets that are not deemed to have an indefinite life are amortized over their estimated lives and reviewed for impairment upon the occurrence of certain triggering events in accordance with applicable accounting literature. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Changes in the carrying amount of goodwill are as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="76%"> <tr><td width="82%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill recorded</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>7,636</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">7,365</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Accumulated impairment losses related to discontinued operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(855</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(540</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Balance as of January&nbsp;1, as reported</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>6,781</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6,825</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill acquired</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>288</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">130</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill impairment related to discontinued operation</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(315</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Reclassed to discontinued operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(791</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(845</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other adjustments </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(121</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">56</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Balance at June&nbsp;30</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>6,157</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">5,851</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Primarily foreign exchange. </font></p></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The chart above reflects the elimination of goodwill and accumulated goodwill impairment charges in the risk consulting and technology segments, resulting from disposal of Kroll. Goodwill related to Kroll of approximately $<font class="_mt">.7</font> billion and $<font class="_mt">.8</font> billion at June&nbsp;30, 2010 and 2009, respectively, is now included in non-current assets of discontinued operations in the consolidated balance sheets. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill allocable to MMC's reportable segments is as follows: Risk&nbsp;&amp; Insurance Services, $<font class="_mt">4.2</font> billion and Consulting, $<font class="_mt">2.0</font> billion. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Amortized intangible assets consist of the cost of client lists, client relationships and trade names acquired. The gross cost and accumulated amortization is as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="58%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="8" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp;30, 2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="8" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>December&nbsp;31, 2009</b></font></td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Gross</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Cost</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Accumulated</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amortization</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Net</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Carrying</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amount</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Gross</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Cost</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Accumulated<br />Amortization</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Net</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Carrying</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amount</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Amortized intangibles</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>525</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>183</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>342</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">395</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">166</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">229</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Aggregate amortization expense for the six months ended June&nbsp;30, 2010 and 2009 was $<font class="_mt">22</font> million and $<font class="_mt">15</font> million, respectively, and the estimated future aggregate amortization expense is as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="68%"> <tr><td width="79%"> </td> <td valign="bottom" width="18%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>For the Years Ending December&nbsp;31,</b></font></p> <p style="border-bottom: #000000 1px solid; margin-top: 0px; width: 122pt; margin-bottom: 1px;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Estimated&nbsp;Expense</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2010 (excludes amortization through June 30, 2010)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">21</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2011</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">42</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2012</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">40</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2013</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">35</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2014</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">28</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Subsequent years</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">176</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">342</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> </div> 315000000 315000000 315000000 -845000000 -791000000 321000000 321000000 154000000 154000000 235000000 235000000 -35000000 -35000000 329000000 329000000 329000000 157000000 157000000 157000000 245000000 245000000 245000000 -29000000 -29000000 -29000000 0.6 0.28 0.43 -0.06 0.6 0.28 0.43 -0.06 -338000000 -347000000 249000000 271000000 -0.63 -0.64 0.46 0.49 -0.63 -0.65 0.45 0.49 -51000000 -33000000 17000000 18000000 56000000 34000000 124000000 44000000 43000000 -60000000 81000000 -70000000 -38000000 -404000000 -480000000 15000000 463000000 227000000 93000000 40000000 44000000 98000000 425000000 121000000 65000000 120000000 60000000 107000000 113000000 10000000 4000000 7000000 3000000 -47000000 -32000000 26000000 18000000 102000000 69000000 3020000000 1528000000 3189000000 1614000000 15337000000 15621000000 3715000000 3845000000 0 1000000000 <font class="_mt">October 2009</font> 1200000000 3034000000 3030000000 558000000 558000000 35000000 43000000 -7000000 -38000000 -7000000 <div> <font style="font-family: Times New Roman;" class="_mt" size="2"> </font> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><strong>1. <u>Nature of Operations</u> </strong></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Marsh&nbsp;&amp; McLennan Companies, Inc. ("MMC"), a global professional services firm, is organized based on the different services that it offers. Under this organizational structure, MMC's three business segments are: Risk and Insurance Services; Consulting; and Risk Consulting&nbsp;&amp; Technology. As discussed below on August&nbsp;3, 2010, MMC completed the sale of Kroll to Altegrity, Inc. ("Altegrity"). </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The Risk and Insurance Services segment provides risk management and insurance broking, reinsurance broking and insurance program management services for businesses, public entities, insurance companies, associations, professional services organizations, and private clients. MMC conducts business in this segment through Marsh and Guy Carpenter. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In the first quarter of 2010, Marsh acquired Haake Companies, Inc., one of the largest insurance broking firms in the Midwest and Thomas Rutherfoord, Inc., one of the largest insurance broking firms in the Southeast and mid-Atlantic regions of the U.S. On April&nbsp;1, 2010, Marsh completed the acquisition of HSBC Insurance Brokers Ltd., an international provider of risk intermediary and risk advisory services. On April&nbsp;30, 2010, Marsh completed the acquisition of the Bostonian Group Insurance Agency, Inc. and Bostonian Solutions, Inc. (collectively the "Bostonian Group"), one of the largest regional insurance brokerages in New England. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In April 2009, Guy Carpenter completed the acquisition of John B. Collins Associates, Inc., previously the fifth-largest reinsurance intermediary in the U.S. and seventh-largest in the world. In October 2009, Guy Carpenter completed the acquisition of London-based specialty reinsurance broker Rattner Mackenzie Limited from HCC Insurance Holdings, Inc. In September 2009, Marsh acquired International Advisory Services Ltd., the largest independent manager of captives and third-party insurance companies in Bermuda. In December 2009, Marsh acquired the NIA Group, LLC, one of the largest, independent insurance agencies in the Northeast and the 34th largest agency in the U.S. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The Consulting segment provides advice and services to the managements of organizations in the area of human resource consulting, comprising retirement and investments, health and benefits, outsourcing and talent; and strategy and risk management consulting, comprising management, economic and brand consulting. MMC conducts business in this segment through Mercer and Oliver Wyman Group. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The Risk Consulting&nbsp;&amp; Technology segment provides various risk consulting and related risk mitigation services to corporate, government, institutional and individual clients, including consulting services and security services; and technology-enabled services. MMC conducts business in this segment through Kroll. In the first quarter of 2010, Kroll completed the sale of Kroll Laboratory Specialists ("KLS"). On August&nbsp;3, 2010, MMC completed the sale of Kroll to Altegrity for cash consideration of $<font class="_mt">1.13</font> billion. MMC will record the disposal of Kroll in the third quarter of 2010. The account balances and activities of Kroll and KLS were segregated and reported as discontinued operations in the accompanying consolidated balance sheets at June&nbsp;30, 2010 and December&nbsp;31, 2009 and the accompanying consolidated sta tements of income for the three-month and six-month periods ended June&nbsp;30, 2010 and 2009. The after-tax loss on the disposal of KLS is included in discontinued operations in 2010.</font></p></div> </div> -238000000 -265000000 -60000000 -153000000 -236000000 272000000 -17000000 -17000000 -17000000 -17000000 -193000000 -193000000 -193000000 484000000 484000000 484000000 484000000 236000000 236000000 236000000 8000000 8000000 8000000 8000000 3000000 3000000 3000000 10000000 10000000 10000000 10000000 6000000 6000000 6000000 194000000 532000000 -10000000 -115000000 4302000000 2176000000 4866000000 2656000000 611000000 169000000 -100000000 542000000 611000000 711000000 294000000 96000000 -47000000 245000000 294000000 341000000 375000000 -159000000 -71000000 605000000 375000000 446000000 -50000000 -275000000 -33000000 258000000 -50000000 -17000000 <div> <div><font style="font-family: ARIAL;" class="_mt" size="2"> </font> <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><strong>2. <u>Principles of Consolidation and Other Matters</u> </strong></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The consolidated financial statements included herein have been prepared by MMC pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America, have been omitted pursuant to such rules and regulations for interim filings, although MMC believes that the information and disclosures presented are adequate to make such information and disclosure not misleading. These consolidated financial statements should be read in conjunction with the consolidated financial statements and the notes thereto included in MMC's Annual Report on Form 10-K for the year ended December&nbsp;31, 2009 (the "2009 10-K").</font></p></div> <p style="margin-top: 18px; margin-bottom: 0px;"> </p><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2">The financial information contained herein reflects all adjustments consisting only of normal recurring adjustments which are, in the opinion of management, necessary for a fair presentation of MMC's results of operations for the six-month periods ended June&nbsp;30, 2010 and 2009. </font></font></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC reported a net income tax benefit of $<font class="_mt">60</font> million in continuing operations in the second quarter of 2010 on a pretax loss of $<font class="_mt">89</font>&nbsp;million, an effective tax rate of <font class="_mt">67.4</font>%. The high tax benefit rate primarily reflects the combination of the tax benefit related to the Alaska settlement, determined at U.S. tax rates, with other pretax income that is subject to lower average effective tax rates applicable worldwide. Excluding the impact of the Alaska settlement, the effective tax rate for the quarter was <font class="_mt">32.3</font>%. The <font class="_mt">14.9</font>% effective tax rate for the first six months of 2010 also primarily reflects the benefit associated with the Alaska settlement. Excluding the effect of the settlement, the effectiv e tax rate for the first six months was <font class="_mt">29.5</font>%. The increase in effective tax rates compared to 2009, excluding the Alaska settlement, primarily reflects a change in the worldwide mix of earnings. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC's <font class="_mt">21.9</font>% effective tax rate in the second quarter of 2009 primarily reflects a favorable adjustment from reducing the forecasted, full-year effective tax rate compared with the estimate as of the first quarter. The effective tax rate for the first six months of 2009 was <font class="_mt">27.4</font>%. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The caption "Investment income (loss)" in the consolidated statements of income comprises realized and unrealized gains and losses from investments recognized in current earnings. It includes, when applicable, other than temporary declines in the value of available for sale securities and the change in value of MMC's holdings in certain private equity funds. MMC's investments may include direct investments in insurance or consulting companies and investments in private equity funds. Equity method gains (losses) of $<font class="_mt">18</font> million and $<font class="_mt">(33)</font> million are included in this line for the three month periods ended June&nbsp;30, in 2010 and 2009, respectively. Equity method gains (losses) of $<font class="_mt">17</font> million and $<font class="_mt">(51)</font> million are included in this line f or the six month periods ended June&nbsp;30, 2010 and 2009. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC has an investment in Trident II limited partnership, a private equity investment fund. At June&nbsp;30, 2010, MMC's investment in Trident II was approximately $<font class="_mt">151</font> million, reflected in the other assets in consolidated balance sheet. MMC's maximum exposure to loss is equal to its investment plus any calls on its remaining capital commitment of $<font class="_mt">81</font> million. Since this fund is closed to new investments, none of the remaining capital commitment is expected to be called. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The Company reports a liability for unrecognized tax benefits resulting from uncertain tax positions taken or expected to be taken in the tax return. It is reasonably possible that the total amount of unrecognized tax benefits will decrease between zero and approximately $80 million within the next twelve months due to settlement of audits and expiration of statutes of limitation. </font></p></div> <p style="margin-top: 0px; margin-bottom: 0px;"> </p><font style="font-family: ARIAL;" class="_mt" size="2"> </font>&nbsp; </div> 1751000000 2273000000 288000000 285000000 924000000 819000000 -129000000 -129000000 135000000 135000000 304000000 304000000 -360000000 -360000000 16000000 -62000000 174000000 -235000000 -1000000 -1000000 -10000000 -10000000 1282000000 648000000 1677000000 1042000000 1025000000 1079000000 3000000 3000000 447000000 699000000 -8000000 -57000000 -7000000 -4000000 21000000 43000000 207000000 221000000 6000000 198000000 143000000 143000000 24000000 15000000 <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>11.&nbsp;&nbsp;&nbsp;&nbsp;<u>Retirement Benefits</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">MMC maintains qualified and non-qualified defined benefit pension plans for its U.S. and non-U.S. eligible employees. MMC's policy for funding its tax qualified defined benefit retirement plans is to contribute amounts at least sufficient to meet the funding requirements set forth by U.S. law and the laws of the non-U.S. jurisdictions in which MMC offers defined benefit plans. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">The target asset allocation for the U.S. Plan was changed recently from <font class="_mt">65</font>% equities and <font class="_mt">35</font>% fixed income to <font class="_mt">55</font>% equities and <font class="_mt">45</font>% fixed income. Implementation of the new target asset allocation is underway. At the end of the second quarter of 2010, the actual allocation for the U.S. Plan was <font class="_mt">64</font>% equities and <font class="_mt">36</font>% fixed income. The target asset allocation for the U.K. Plan, which comprises approximately <font class="_mt">83</font>% of non-U.S. Plan assets, is <font class="_mt">58</font>% equities and <font class="_mt">42</font>% fixed income. At the end of the second quarter of 2010, the actual allocation for the U.K. Plan was <font class=" _mt">55</font>% equities and <font class="_mt">45</font>% fixed income. </font></p> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">The components of the net periodic benefit cost for defined benefit and other postretirement plans are as follows: </font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Combined U.S. and significant non-U.S. Plans </b></font></p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="72%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Three Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;48</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;45</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>141</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">138</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(200</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(194</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service credit</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(5</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(13</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(4</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(4</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>37</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">17</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost (credit)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;21</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;(7</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;2</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;3</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td height="16"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td></tr> <tr><td valign="top"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Combined U.S. and significant non-U.S. Plans</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Six Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;98</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;91</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;3</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;3</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>286</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">268</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(404</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(381</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service credit</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(10</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(25</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(7</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>72</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">34</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost (credit)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> <p align="justify">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;42</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;(13</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;3</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;5</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"> <p align="right">&nbsp;</p></td></tr> <tr><td height="16"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td></tr> <tr><td valign="top"><font style="font-family: ARIAL;" class="_mt" size="2"><b>U.S. Plans only</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Three Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;19</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;18</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>57</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">56</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(74</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(73</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service credit</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(5</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(12</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(4</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(4</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>19</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">13</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;16</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;2</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td height="16"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td></tr> <tr><td valign="top"><font style="font-family: ARIAL;" class="_mt" size="2"><b>U.S. Plans only</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Six Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;38</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;38</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>113</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">110</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>5</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">6</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(147</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(146</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service credit</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(9</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(24</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(7</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>36</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">26</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;31</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;2</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Significant non-U.S. Plans only </b></font></p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="76%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Three Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;29</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;27</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>84</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">82</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(126</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(121</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>18</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost (credit)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;(9</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;2</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;2</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td height="16"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td></tr> <tr><td valign="top"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Significant non-U.S. Plans only</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Six Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;60</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;53</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>173</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">158</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(257</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(235</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>36</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost (credit)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;11</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;(17</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;3</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;3</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top" colspan="12"> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">The weighted average actuarial assumptions utilized to calculate the net periodic benefit costs for the U.S. and significant non-U.S. defined benefit plans are as follows:</font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Combined U.S. and significant non-U.S. Plans</b></font></p></td> <td valign="top"> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;"> </p> <p style="margin-top: 0px; margin-bottom: 0px;">&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;"> </p> <p style="margin-top: 0px; margin-bottom: 1px;">&nbsp;</p></td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Weighted average assumptions:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>8.1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>%&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8.2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">%&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Discount rate</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6.0</b></font></p></td> <td valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>%&nbsp;</b></font></p></td> <td valign="bottom"> <p align="right">&nbsp;</p></td> <td valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">6.5</font></p></td> <td valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">%&nbsp;</font></p></td> <td valign="bottom"> <p align="right">&nbsp;</p></td> <td valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6.3</b></font></p></td> <td valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>%&nbsp;</b></font></p></td> <td valign="bottom"> <p align="right">&nbsp;</p></td> <td valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">6.7</font></p></td> <td valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">%&nbsp;</font></p></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Rate of compensation increase</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4.2</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>%&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3.7</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">%&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">MMC made $<font class="_mt">121</font> million of contributions to its U.S. non-qualified and non-U.S. pension plans through the second quarter of 2010 and expects to contribute approximately $<font class="_mt">150</font> million for the remainder of 2010 for these plans.</font></p> </div> 1182000000 1136000000 1 1 6000000 6000000 0 0 1130000000 70000000 119000000 398000000 20000000 18000000 6000000 4000000 14000000 4000000 8000000 -9000000 -190000000 494000000 242000000 850000000 815000000 2724000000 3215000000 <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"><tr> <td width="72%"> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="6"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="6" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Risk and Insurance Services</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Marsh</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,214</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,114</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,389</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,202</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Guy Carpenter</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>245</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">229</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>562</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">513</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Risk and Insurance Services</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,459</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,343</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,951</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,715</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Consulting</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Mercer</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>838</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">832</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,687</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,635</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Oliver Wyman Group</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>330</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">311</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>636</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">591</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Consulting</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,168</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,143</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,323</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,226</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Total Operating Segments</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,627</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,486</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>5,274</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4,941</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Corporate/Eliminations</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(21</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(16</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(33</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(28</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Total</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,606</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">$</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,470</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>5,241</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">$</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4,913</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> </div> 404000000 4000000 82000000 132000000 -133000000 16000000 41000000 211000000 89000000 7033000000 7187000000 4913000000 2226000000 -28000000 513000000 2202000000 1635000000 591000000 2715000000 4913000000 4941000000 4913000000 2470000000 1143000000 -16000000 229000000 1114000000 832000000 311000000 1343000000 2470000000 2486000000 2470000000 5241000000 2323000000 -33000000 562000000 2389000000 1687000000 636000000 2951000000 5241000000 5274000000 5241000000 2606000000 1168000000 -21000000 245000000 1214000000 838000000 330000000 1459000000 2606000000 2627000000 2606000000 <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"><tr> <td width="82%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" align="right"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>June&nbsp;30,</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" align="right"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">December&nbsp;31,</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></p></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Short-term:</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Current portion of long-term debt</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;558</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;558</font></td></tr> <tr><td height="8"> </td> <td height="8" colspan="2"> </td> <td height="8" colspan="2"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Long-term:</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">6.25</font>% due&nbsp;<font class="_mt">2012</font> <font class="_mt">(<font class="_mt">5.1</font></font>% effective interest rate) </font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;254</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;255</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">4.850</font>% due 2013</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>250</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">249</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">5.875</font>% due 2033</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>296</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">296</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">5.375</font>% due 2014</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>648</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">648</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">5.15</font>% due 2010</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>550</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">549</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">5.75</font>% due 2015</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>747</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">747</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">9.25</font>% due 2019</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>397</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">398</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Mortgage &ndash; <font class="_mt">5.70</font>% due 2035</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>443</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">447</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Other</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3,588</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3,592</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less current portion</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>558</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">558</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$3,030</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$3,034</font></td></tr></table> </div> <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>14. <u>Financial Instruments</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The estimated fair value of MMC's significant financial instruments is provided below. Certain estimates and judgments were required to develop the fair value amounts. The fair value amounts shown below are not necessarily indicative of the amounts that MMC would realize upon disposition, nor do they indicate MMC's intent or need to dispose of the financial instrument. </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="92%"> <tr><td width="68%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp;30, 2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>December&nbsp;31, 2009</b></font></td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Carrying</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amount</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Fair</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Value</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Carrying</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amount</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Fair</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Value</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Cash and cash equivalents </font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1,475</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1,475</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">1,707</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">1,707</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Long-term investments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>74</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>69</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">109</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">102</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Short-term debt</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>558</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>558</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">558</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">572</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Long-term debt</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>3,030</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>3,166</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">3,034</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">3,174</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Cash and Cash Equivalents</b>: The estimated fair value of MMC's cash and cash equivalents approximates their carrying value. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Long-term Investments</b>: Long-term investments include available for sale securities recorded at quoted market prices, certain investments carried at cost and unrealized gains related to available for sale investments in insurance fiduciary funds as discussed below. </font></p> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC has certain long-term investments, for which there are no readily available market prices, amounting to $<font class="_mt">38</font> million and $<font class="_mt">53</font> million at June&nbsp;30, 2010 and December&nbsp;31, 2009, respectively, which are carried on a cost basis. These investments are included in Other assets in the consolidated balance sheets. MMC monitors these investments for impairment and makes appropriate reductions in carrying values when necessary. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC had available for sale securities with an aggregate fair value of $<font class="_mt">24</font> million and $<font class="_mt">38</font> million at June&nbsp;30, 2010 and December&nbsp;31, 2009, respectively, which are carried at market value under ASC Topic No.&nbsp;320. MMC had gross unrealized gains (pre-tax) on these securities of $<font class="_mt">8</font> million and $<font class="_mt">15</font> million included in accumulated other comprehensive income at June&nbsp;30, 2010 and December&nbsp;31, 2009, respectively. MMC recorded the following net unrealized gains and (losses) related to its available for sale securities for the three and six-month periods ended June&nbsp;30, 2010 and 2009. </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="92%"> <tr><td width="77%"> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Three&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Unrealized gains (pre-tax)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">3</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">3</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Unrealized losses (pre-tax)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">These amounts have been excluded from earnings and reported, net of deferred income taxes, in accumulated other comprehensive income (loss), which is a component of stockholders' equity. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC has a portion of insurance fiduciary funds described in Note 3 that are invested in high quality debt securities and classified as available for sale. Gross unrealized gains (pre-tax) on these securities that are included in other assets and accumulated other comprehensive income in the consolidated balance sheets was $<font class="_mt">11</font> million and $<font class="_mt">17</font> million at June&nbsp;30, 2010 and December&nbsp;31, 2009, respectively. MMC had no gross unrealized gains on these securities for the six months ended June&nbsp;30, 2010 and 2009, respectively. For the six months ended June&nbsp;30, 2010 and 2009, MMC recorded gross unrealized losses (pre-tax) of $<font class="_mt">6</font> million and $<font class="_mt">2</font> million, respectively, related to these investments. These amounts have b een excluded from earnings and reported, net of deferred income taxes, in accumulated other comprehensive income (loss), which is a component of stockholders' equity. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Proceeds from the sale of available for sale investments were as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="92%"> <tr><td width="73%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Three&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td></tr> <tr><td valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Proceeds from the sale of available for sale securities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b><b> </b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b>&#8212;&nbsp;&nbsp;<b> </b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">4</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>14</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The cost of securities sold is determined using the average cost method for equity securities. </font></p> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC also holds investments in certain private equity fund partnerships which are accounted for using the equity method and other investments that are held at cost. MMC recorded the following gains (losses) related to these investments: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="92%"> <tr><td width="76%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Three&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Equity method gains (losses)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(33</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>17</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(51</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Gains on cost method investments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">4</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Gains (losses) from equity and cost method investments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(32</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(47</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Realized gains on available for sale securities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>8</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Investment income (loss)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(32</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>26</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(47</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Short-term and Long-term Debt</b>: The fair value of MMC's short-term debt, which consists primarily of term debt maturing within the next year, approximates its carrying value. The estimated fair value of MMC's long-term debt is based on discounted future cash flows using current interest rates available for debt with similar terms and remaining maturities. </font></p> </div> <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"><tr> <td width="58%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="8" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp;30, 2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="8" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>December&nbsp;31, 2009</b></font></td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Gross</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Cost</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Accumulated</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amortization</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Net</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Carrying</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amount</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Gross</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Cost</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Accumulated<br />Amortization</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Net</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Carrying</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amount</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Amortized intangibles</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>525</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>183</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>342</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">395</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">166</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">229</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> </div> <div> <table border="0" cellspacing="0" cellpadding="0" width="76%"> <tr><td width="82%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill recorded</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>7,636</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">7,365</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Accumulated impairment losses related to discontinued operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(855</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(540</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Balance as of January&nbsp;1, as reported</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>6,781</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6,825</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill acquired</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>288</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">130</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill impairment related to discontinued operation</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(315</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Reclassed to discontinued operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(791</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(845</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other adjustments </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(121</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">56</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Balance at June&nbsp;30</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>6,157</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">5,851</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Primarily foreign exchange. </font></p></td></tr></table> </div> <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>16.&nbsp;&nbsp;&nbsp;&nbsp;<u>Claims, Lawsuits and Other Contingencies</u> </b></font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b><i>Governmental Inquiries and Claims </i></b></font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">In December 2007, the Alaska Retirement Management Board filed a civil lawsuit against Mercer (US) Inc. in Alaska state court. Plaintiff, represented by the Alaska Law Department (through the Alaska Attorney General) and the law firm of Paul, Weiss, Rifkind, Wharton&nbsp;&amp; Garrison LLP, filed an amended complaint in May 2009. The amended complaint alleged professional negligence and malpractice, breach of contract, breach of the implied covenant of good faith and fair dealing, negligent misrepresentation, unfair trade practices and fraud and misrepresentation related to actuarial services that Mercer provided to the Alaska Division of Retirement and Benefits relating to two State pension and benefit plans, the Alaska Public Employees Retirement System and the Alaska Teachers Retirement System. The amended complaint sought damages of "at least $<font class="_mt">2.8</font> billion" plus treble damages re lated to the unfair trade practices claim, punitive damages, attorneys' fees, costs and interest. The parties resolved this matter in June 2010. Mercer has agreed to pay $<font class="_mt">500</font> million, of which $<font class="_mt">100</font> million will be covered by insurance. The cost of this settlement and the related insurance receivable have been reflected in MMC's consolidated financial statements for the quarter ended June&nbsp;30, 2010. </font></p></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">In October 2007, the State of Connecticut brought a civil action against Guy Carpenter in Connecticut state court alleging that Guy Carpenter violated the state's antitrust and unfair trade practices laws by engaging in allocation of markets, price-fixing and other allegedly improper conduct by taking part in the operation of several reinsurance facilities over a period of decades. An amended complaint was filed in October 2009. The amended complaint alleges damages to Guy Carpenter's insurance company clients and their customers, as well as to the general economy of Connecticut, and seeks monetary damages, civil penalties, attorneys' fees, costs and injunctive and other equitable relief. Discovery is underway in this matter. </font></p></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Our activities are regulated under the laws of the United States and its various states, the European Union and its member states, and the other jurisdictions in which we operate. In the ordinary course of business, in addition to private party lawsuits, we may be subject to investigations, lawsuits and/or other regulatory actions undertaken by governmental authorities. </font></p></td></tr></table> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b><i>Errors and Omissions Claims </i></b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">MMC and its subsidiaries are subject to a significant number of other claims, lawsuits and proceedings in the ordinary course of business. Such claims and lawsuits consist principally of alleged errors and omissions in connection with the performance of professional services. Certain of these claims seek damages, including punitive and treble damages, in amounts that could, if awarded, be significant. In establishing liabilities for errors and omissions claims in accordance with FASB ASC Subtopic No.&nbsp;450-20 (Contingencies&#8212;Loss Contingencies), MMC utilizes internal actuarial and other estimates, and case level reviews by inside and outside counsel. A liability is established when a loss is both probable and reasonably estimable. The liability is reviewed quarterly and adjusted as developments warrant. In many cases, MMC has not recorded a liability, other than for legal fees to defend the claim, because MMC is unable, at the present time, to make a determination that a loss is both probable and reasonably estimable. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">To the extent that expected losses exceed MMC's deductible in any policy year, MMC also records an asset for the amount that MMC expects to recover under any available third-party insurance programs. MMC has varying levels of third-party insurance coverage, with policy limits and coverage terms varying significantly by policy year. MMC is not aware of coverage defenses or other obstacles to coverage that would limit recoveries through policy year 2001-2002 in a material amount. From 2002 to 2008, the availability of third-party insurance declined significantly. </font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b><i>Brokerage Compensation Practices Settlement and Related Actions </i></b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">In January 2005, MMC and its subsidiary Marsh Inc. entered into a settlement agreement with the New York State Attorney General ("NYAG") and the New York State Insurance Department to settle a civil complaint and related citation alleging that Marsh's use of market service agreements with various insurance companies entailed fraudulent business practices, bid-rigging, illegal restraint of trade and other statutory violations. The parties subsequently entered into an amended and restated settlement agreement in February 2010. The new agreement helps restore a level playing field for Marsh, allowing Marsh to compete on the same terms as other intermediaries in the insurance industry. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">Following the filing of the NYAG complaint in October 2004, various state regulators and attorneys general initiated investigations relating to the conduct alleged in that complaint. MMC and Marsh have entered into settlements with authorities in ten of those states. One action filed in August 2007 by the Attorney General of the State of Ohio against MMC, Marsh, certain Marsh subsidiaries and other parties remains pending. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">Numerous private party lawsuits based on similar allegations to those made in the NYAG complaint were commenced against MMC, one or more of its subsidiaries, and their current and former directors and officers. The status of the lawsuits that remain outstanding is as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">In February 2009, the trial court approved a settlement of the claims against MMC, Marsh and certain Marsh subsidiaries in two consolidated putative class actions that were pending in the U.S. District Court for the District of New Jersey (one on behalf of a purported class of "commercial" policyholders and the second on behalf of a purported class of "employee benefit" policyholders). The court's approval of the settlement has been appealed. In addition, nine actions instituted by individual policyholders against MMC, Marsh and certain Marsh subsidiaries are pending in federal and state courts. </font></p></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">MMC, Marsh and certain Marsh subsidiaries were named as additional defendants in a shareholder derivative suit pending in the Delaware Court of Chancery against the directors and officers of American International Group, Inc. ("AIG") and others. The suit alleged that MMC, Marsh and the Marsh subsidiaries engaged in conspiracy and fraud with respect to the alleged misconduct described in the NYAG complaint, and that they aided and abetted current and former directors and officers of AIG in breaching their fiduciary duties to AIG with respect to AIG's participation in the alleged misconduct. In June 2009, the Delaware court granted a motion to dismiss all claims against MMC and the Marsh defendants. An appeal of this dismissal is currently pending in the Delaware Supreme Court. </font></p></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <div class="MetaData"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b><i>Other Contingencies&#8212;Guarantees </i></b></font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">In connection with its acquisition of U.K.-based Sedgwick Group in 1998, MMC acquired several insurance underwriting businesses that were already in run-off, including River Thames Insurance Company Limited ("River Thames"), which MMC sold in 2001. Sedgwick guaranteed payment of claims on certain policies underwritten through the Institute of London Underwriters (the "ILU") by River Thames. The policies covered by this guarantee are reinsured up to &#163;<font class="_mt">40</font>&nbsp;million by a related party of River Thames. Payment of claims under the reinsurance agreement is collateralized by segregated assets held in a trust. As of June&nbsp;30, 2010, the reinsurance coverage exceeded the best estimate of the projected liability of the policies covered by the guarantee. To the extent River Thames or the reinsurer is unable to meet its obligations under those policies, a claimant may seek to reco ver from MMC under the guarantee. </font></p></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">From 1980 to 1983, MMC owned indirectly the English&nbsp;&amp; American Insurance Company ("E&amp;A"), which was a member of the ILU. The ILU required MMC to guarantee a portion of E&amp;A's obligations. After E&amp;A became insolvent in 1993, the ILU agreed to discharge the guarantee in exchange for MMC's agreement to post an evergreen letter of credit that is available to pay claims by policyholders on certain E&amp;A policies issued through the ILU and incepting between July&nbsp;3, 1980 and October&nbsp;6, 1983. Certain claims have been paid under the letter of credit and MMC anticipates that additional claimants may seek to recover against the letter of credit. </font></p></td></tr></table></div><font style="font-family: ARIAL;" class="_mt" size="2"><b><i> </i></b></font> <div class="MetaData"> <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b><i>Putnam-related Matters </i></b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">Under the terms of a stock purchase agreement with Great-West Lifeco Inc. ("GWL") related to GWL's purchase of Putnam Investments Trust from MMC in August 2007, a copy of which was included as an exhibit to MMC's Current Report on Form 8-K filed on February&nbsp;1, 2007, MMC agreed to indemnify GWL with respect to certain Putnam-related litigation and regulatory matters. Two putative class actions by investors in certain Putnam Funds pending against Putnam in the District of Maryland are based on similar allegations as those at issue in Putnam's 2003 and 2004 settlements with the SEC and the Commonwealth of Massachusetts regarding excessive short-term trading by certain former Putnam employees in shares of the Putnam mutual funds (the "Putnam Funds"), and directly involve MMC and/or may be subject to MMC's indemnification obligations. The first action asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Section&nbsp;36(b) of the Investment Company Act of 1940. The second action purports to assert derivative claims under Section&nbsp;36(b) of the Investment Company Act. Both suits seek to recover unspecified damages allegedly suffered by the Putnam Funds and their investors as a result of purported market-timing and late trading activity in certain Putnam Funds. In the first action, the parties have entered into a settlement agreement. That agreement is subject to final approval by the district court. In the derivative action, the court denied Putnam's motion for summary judgment. </font></p></div></div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b><i>Kroll-related Matters </i></b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">Under the terms of a stock purchase agreement with Altegrity, Inc. ("Altegrity") related to Altegrity's purchase of Kroll from MMC in August 2010, a copy of which is attached as exhibit 2.1 to this Quarterly Report on Form 10-Q, MMC agreed to provide a limited indemnity to Altegrity with respect to certain Kroll-related litigation and regulatory matters. </font></p> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">The pending proceedings and other matters described in this Note 16 on Claims, Lawsuits and Other Contingencies may expose MMC or its subsidiaries to liability for significant monetary damages and other forms of relief. Where a loss is both probable and reasonably estimable, MMC establishes liabilities in accordance with FASB ASC Subtopic No.&nbsp;450-20 (Contingencies&#8212;Loss Contingencies). Except as described above, MMC is not able at this time to provide a reasonable estimate of the range of possible loss attributable to these matters or the impact they may have on MMC's consolidated results of operations, financial position or cash flows. This is primarily because these matters are still developing and involve complex issues subject to inherent uncertainty. Adverse determinations in one or more of these matters could have a material impact on MMC's consolidated results of operati ons, financial condition or cash flows in a future period. </font></p> </div> <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18. <u>New Accounting Pronouncements</u> </b></font></p> <div> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Effective January&nbsp;1, 2009, MMC adopted the guidance for calculating EPS using the two-class method with retroactive application to prior periods. The impact of adopting the guidance is discussed in Note 4 to the consolidated financial statements. </font></p></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Effective January&nbsp;1, 2009, the Company adopted the new guidance issued by the FASB for Business Combinations. The guidance requires entities in a business combination to recognize all (and only) the assets acquired and liabilities assumed in the transaction; establishes the acquisition-date fair value as the measurement objective for all assets acquired and liabilities assumed; and requires the acquirer to disclose all information needed by investors and other users to evaluate and understand the nature and financial effect of the business combination. </font></p></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Effective January&nbsp;1, 2009, the Company adopted the new guidance issued by the FASB for Consolidation &ndash; Non-controlling Interests, which did not have a material impact on our financial condition, results of operations or cash flows. However, it did impact the presentation and disclosure of non-controlling (minority) interests in our consolidated financial statements. The effects of this change are reflected herein. </font></p></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The new guidance also requires adjustment of net income to include the net income attributable to the non-controlling interests and a new separate caption for net income attributable to MMC to be presented in the consolidated statement of earnings. </font></p></div> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <div> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In February 2008, the FASB issued guidance related to Fair Value Measurements which delayed until the second quarter of 2009, fair value measurement for non-financial assets and non-financial liabilities, except for items that are recognized or disclosed at fair value in the financial statements on a recurring basis. The Company has applied the provision of this new guidance to its financial statement disclosures beginning in the second quarter of 2009. </font></p></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">On April&nbsp;1, 2009, the FASB issued guidance for "Accounting for Assets Acquired and Liabilities Assumed in a Business Combination That Arise from Contingencies", to address application issues raised by preparers, auditors and attorneys. The guidance requires recognition of contingent assets or liabilities (arising from a business combination contingency) at fair value, at the acquisition date if the acquisition-date fair value of the asset or liability can be determined during the measurement period, or if certain criteria are met. Otherwise, the acquirer should not recognize an asset or liability as of the acquisition date. The guidance is effective for business combinations occurring on or after January&nbsp;1, 2009. This new guidance did not have a material impact on MMC's financial condition or reported results. </font></p></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In the second quarter of 2009, MMC adopted the guidance issued by the FASB for interim disclosures about fair value of financial instruments. The guidance, which is effective for interim periods ending after June&nbsp;15, 2009, requires disclosures about the fair values of financial instruments in interim period reports of publicly traded companies as well as in annual financial statements. The adoption of this guidance did not have a material impact on MMC's financial condition or reported results. </font></p></div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In the second quarter of 2009, MMC adopted the guidance issued by the FASB for Recognition and Presentation of Other-Than-Temporary Impairments. It amends GAAP guidance including SEC SAB Topic 5M and other authoritative literature that allow the holders of debt securities not to recognize other-than-temporary impairments based on their intent and ability to hold a security until recovery in fair value to its amortized cost. The other-than-temporary impairment model applies only to debt securities and not equity securities. The guidance requires recognition of a credit loss (the difference between the present value of cash flows expected to be collected and the amortized cost basis) through earnings. The guidance is effective for interim and annual periods ending after June&nbsp;15, 2009. The adoption of this guidance did not have a material impact on MMC's financial condition or r eported results. </font></p> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In December 2008, the FASB issued guidance for Employers' Disclosures About Pension and Other Post Retirement Benefit Plan Assets. The guidance requires fair value plan asset disclosures for an employer's assets in defined benefit pension and postretirement plans similar to the guidance on Fair Value Measurements, as well as (a)&nbsp;how investment allocation decisions are made, (b)&nbsp;the major categories of plan assets, and (c)&nbsp;significant concentrations of risk within plan assets. The guidance is effective for fiscal years ending after December&nbsp;15, 2009. The Company has applied the provision of this new guidance to its financial statement disclosures beginning December&nbsp;31, 2009. </font></p></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In December 2009, the FASB issued new guidance related to the Consolidation of Variable Interest Entities ("VIE") and transfer of assets. The new guidance focuses on 'controlling financial interests' and requires companies to perform qualitative analysis to determine whether they must consolidate a VIE by assessing whether the variable interests give them controlling financial interests in the VIE. This guidance is effective for transfers occurring on or after November&nbsp;15, 2009. Provisions must be applied in annual reporting periods beginning after November&nbsp;15, 2009 and interim periods within that annual period. The adoption of the guidance did not have a material impact on the Company's financial statements. Also, effective January&nbsp;1, 2010, the Company adopted new guidance that indefinitely defers the above changes relating to the Company's interests in ent ities that have all the attributes of an investment company or for which it is industry practice to apply measurement principles for financial reporting that are consistent with those applied by an investment company. As a result, the above guidance did not apply to certain investment management trusts managed by Mercer. </font></p></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In January 2010, the FASB issued new guidance that adds additional disclosures about transfers into and out of Levels 1 and 2 items and separate disclosures about purchases, sales, issuances, and settlements related to Level 3 measurements. It also clarifies existing fair value disclosures about the level of disaggregation and about inputs and valuation techniques used to measure fair value. Further, the new guidance amends the requirements on employer's disclosures about postretirement benefit plan assets to require disclosures be provided by classes of assets instead of by major categories of assets. This guidance is effective for the first reporting period beginning after December&nbsp;31, 2009, except for the requirement to provide the Level 3 activity of purchases, sales, issuances, and settlements on a gross basis, which will be effective for fiscal years beginning after Dec ember&nbsp;15, 2010. The adoption of the guidance did not have a material impact on the Company's financial statements. </font></p></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In October 2009, the FASB amended its guidance on revenue recognition regarding multiple-deliverable revenue arrangements. The guidance is effective prospectively for arrangements entered into or materially modified in fiscal years beginning on or after June&nbsp;15, 2010. The Company is evaluating the impact of adopting this new guidance. </font></p></div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">On April&nbsp;29, 2010, the FASB issued guidance which establishes a revenue recognition model for contingent consideration that is payable upon the achievement of an uncertain future event, referred to as a milestone. The scope of this guidance is limited to research or development arrangements and requires an entity to record the milestone payment in its entirety in the period received if the milestone meets all the necessary criteria to be considered substantive. However, entities would not be precluded from making an accounting policy election to apply another appropriate accounting policy that results in the deferral of some portion of the arrangement consideration. This is effective for fiscal years (and interim periods within those fiscal years) beginning on or after June&nbsp;15, 2010. Early application is permitted. Entities can apply this guidance prospectively to mi lestones achieved after adoption. However, retrospective application to all prior periods is also permitted. The Company is evaluating the impact of adopting this new guidance. </font></p> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In May 2010, the FASB issued guidance for foreign currency issues and Venezuela's highly inflationary status. The guidance states that Venezuela's economy should be considered highly inflationary as of January&nbsp;1, 2010 and therefore a U.S. dollar reporting entity must remeasure the financial statements of its Venezuelan subsidiaries as if the subsidiaries' functional reporting currency were the entity's reporting currency (i.e., the U.S. dollar). Any differences between the U.S. dollar denominated balances recorded by the Venezuelan subsidiaries and the amounts reported in the entity's consolidated financial statements must be recognized in earnings or as part of its cumulative translation adjustment. The adoption of the guidance did not have a material impact on the Company's financial statements. </font></p></div> </div> <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="60%"> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three Months Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six Months Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Revenue</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Operating</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Income&nbsp;(Loss)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Revenue</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Operating</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Income&nbsp;(Loss)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010 &ndash;</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Risk and Insurance Services</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$1,459<font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;258</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$2,951<font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(c)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;605</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Consulting</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,168<font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(b)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(275</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,323<font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(d)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(159</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Operating Segments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,627</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(17</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>5,274</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>446</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Corporate / Eliminations</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(21</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(33</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(33</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(71</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Consolidated</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$2,606</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;(50</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$5,241</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;375</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2009 &ndash;</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Risk and Insurance Services</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$1,343</font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;245</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$2,715</font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(c</sup></font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;542</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Consulting</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,143</font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(b)</sup> </font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">96</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,226</font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(d</sup></font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">169</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Operating Segments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,486</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">341</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4,941</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">711</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Corporate/Eliminations</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(16</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(47</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(28</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(100</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Consolidated</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$2,470</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;294</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$4,913</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;611</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">(a)</font></td> <td valign="top" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Includes inter-segment revenue of $1million and $5 million in 2010 and 2009, respectively, interest income on fiduciary funds of $11 million and $13 million in 2010 and 2009, respectively, and equity method income of $7 million and $6 million in 2010 and 2009, respectively. </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">(b)</font></td> <td valign="top" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Includes inter-segment revenue of $20 million and $11 million in 2010 and 2009, respectively, and interest income on fiduciary funds of $1 million in both 2010 and 2009. </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">(c)</font></td> <td valign="top" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Includes inter-segment revenue of $2 million and $7 million in 2010 and 2009, respectively, interest income on fiduciary funds of $22 million and $28 million in 2010 and 2009, respectively, and equity method income of $8 million in both 2010 and 2009. </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">(d)</font></td> <td valign="top" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Includes inter-segment revenue of $31 million and $21 million in 2010 and 2009, respectively, and interest income on fiduciary funds of $2 million in both 2010 and 2009. </font></td></tr></table> </div> <div> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>15.&nbsp;&nbsp;&nbsp;&nbsp;<u>Common Stock</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">MMC did not purchase any treasury shares in 2010 or 2009.</font></p> </div> 447000000 443000000 <div> <font style="font-family: ARIAL;" class="_mt" size="2"><b> </b></font> <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>17.&nbsp;&nbsp;&nbsp;&nbsp;<u>Segment Information</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">MMC is organized based on the types of services provided. Under this organizational structure, MMC's business segments are: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Risk and Insurance Services</b>, comprising insurance services (Marsh) and reinsurance services (Guy Carpenter); </font></p></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Consulting</b>, comprising Mercer and Oliver Wyman Group; and </font></p></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Risk Consulting&nbsp;&amp; Technology</b>, which is comprised of Kroll. The results of this segment are now included in discontinued operations due to the sale of Kroll. </font></p></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">The accounting policies of the segments are the same as those used for the consolidated financial statements described in Note 1 to MMC's 2009 10-K. Segment performance is evaluated based on segment operating income, which includes directly related expenses, and charges or credits related to integration and restructuring but not MMC corporate-level expenses. Revenues are attributed to geographic areas on the basis of where the services are performed. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">Selected information about MMC's operating segments for the three and six-month periods ended June&nbsp;30, 2010 and 2009 follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="60%"> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three Months Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six Months Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Revenue</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Operating</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Income&nbsp;(Loss)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Revenue</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Operating</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Income&nbsp;(Loss)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010 &ndash;</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Risk and Insurance Services</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$1,459<font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;258</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$2,951<font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(c)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;605</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Consulting</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,168<font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(b)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(275</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,323<font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(d)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(159</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Operating Segments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,627</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(17</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>5,274</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>446</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Corporate / Eliminations</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(21</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(33</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(33</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(71</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Consolidated</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$2,606</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;(50</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$5,241</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;375</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2009 &ndash;</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Risk and Insurance Services</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$1,343</font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;245</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$2,715</font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(c</sup></font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;542</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Consulting</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,143</font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(b)</sup> </font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">96</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,226</font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(d</sup></font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">169</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Operating Segments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,486</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">341</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4,941</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">711</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Corporate/Eliminations</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(16</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(47</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(28</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(100</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Consolidated</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$2,470</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;294</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$4,913</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;611</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">(a)</font></td> <td class="MetaData" valign="top" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Includes inter-segment revenue of $<font class="_mt"><font class="_mt">1</font></font> million and $<font class="_mt"><font class="_mt">5</font></font> million in 2010 and 2009, respectively, interest income on fiduciary funds of $<font class="_mt"><font class="_mt">11</font></font> million and $<font class="_mt"><font class="_mt">13</font></font> million in 2010 and 2009, respectively, and equity method income of $<font class="_mt"><font class="_mt">7</font></font> million and $<font class="_mt"><font class="_mt">6</font></font> million in 2010 and 2009, respectively. </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">(b)</font></td> <td class="MetaData" valign="top" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Includes inter-segment revenue of $<font class="_mt"><font class="_mt">20</font></font> million and $<font class="_mt"><font class="_mt">11</font></font> million in 2010 and 2009, respectively, and interest income on fiduciary funds of $<font class="_mt"><font class="_mt">1</font></font> million in both 2010 and 2009. </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">(c)</font></td> <td class="MetaData" valign="top" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Includes inter-segment revenue of $<font class="_mt"><font class="_mt">2</font></font> million and $<font class="_mt"><font class="_mt">7</font></font> million in 2010 and 2009, respectively, interest income on fiduciary funds of $<font class="_mt"><font class="_mt">22</font></font> million and $<font class="_mt"><font class="_mt">28</font></font> million in 2010 and 2009, respectively, and equity method income of $<font class="_mt"><font class="_mt">8</font></font> million in both 2010 and 2009. </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">(d)</font></td> <td class="MetaData" valign="top" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Includes inter-segment revenue of $<font class="_mt">31</font> million and $<font class="_mt">21</font> million in 2010 and 2009, respectively, and interest income on fiduciary funds of $<font class="_mt">2</font> million in both 2010 and 2009. </font></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">Details of operating segment revenue for the three and six-month periods ended June&nbsp;30, 2010 and 2009 is as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="72%"> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="6"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="6" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Risk and Insurance Services</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Marsh</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,214</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,114</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,389</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,202</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Guy Carpenter</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>245</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">229</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>562</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">513</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Risk and Insurance Services</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,459</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,343</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,951</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,715</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Consulting</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Mercer</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>838</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">832</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,687</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,635</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Oliver Wyman Group</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>330</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">311</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>636</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">591</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Consulting</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,168</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,143</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,323</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,226</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Total Operating Segments</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,627</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,486</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>5,274</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4,941</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Corporate/Eliminations</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(21</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(16</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(33</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(28</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Total</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,606</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">$</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,470</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>5,241</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">$</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4,913</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table></div> </div> 8000000 6000000 8000000 7000000 2000000 28000000 1000000 13000000 2000000 22000000 1000000 11000000 21000000 7000000 11000000 5000000 31000000 2000000 20000000 1000000 255000000 249000000 648000000 747000000 398000000 296000000 549000000 254000000 250000000 648000000 747000000 397000000 296000000 550000000 49000000 47400000 45600000 558000000 558000000 80000000 0 81000000 5760000000 1245000000 -2098000000 561000000 38000000 7237000000 -1223000000 5760000000 1182000000 -1924000000 561000000 33000000 6900000000 -992000000 5863000000 1211000000 -2171000000 561000000 35000000 7033000000 -806000000 6043000000 1149000000 -2406000000 561000000 43000000 7187000000 -491000000 6000000 6000000 2000000 2000000 5400000 7400000 108000000 -35000000 143000000 178000000 -15000000 192000000 88000000 88000000 123000000 123000000 4000000 11000000 10000000 10000000 1000000 1000000 30967116 19123733 806000000 491000000 1000000 4000000 4000000 4000000 519000000 519000000 519000000 523000000 522000000 523000000 541000000 541000000 541000000 545000000 545000000 541000000 519000000 519000000 519000000 519000000 519000000 522000000 522000000 522000000 522000000 522000000 537000000 537000000 537000000 537000000 537000000 541000000 541000000 541000000 541000000 541000000 Included in other assets in the consolidated balance sheets. Included in cash and cash equivalents in the consolidated balance sheets. Primarily foreign exchange. For the three months ended June 30, 2010 earnings per share was more dilutive under the treasury stock method. Therefore, no amounts are allocated to participating securities in this period. For the three and six months ended June 30, 2009, earnings per share was more dilutive under the treasury stock method. Therefore, no amounts are allocated to participating securities in these periods. Includes costs incurred through June 30, 2010 related to the sale of Kroll and in 2009 a loss on the sale of KGS. Includes goodwill impairment charge of $315 million for the three and six month periods in 2009. Represents primarily the recognition of estimated deferred tax assets associated with the sale of Kroll in the three and six month periods in 2010. The six months of 2010 also includes a tax provision of $36 million on the sale of KLS. Includes inter-segment revenue of $31 million and $21 million in 2010 and 2009, respectively, and interest income on fiduciary funds of $2 million in both 2010 and 2009. Includes inter-segment revenue of $2 million and $7 million in 2010 and 2009, respectively, interest income on fiduciary funds of $22 million and $28 million in 2010 and 2009, respectively, and equity method income of $8 million in both 2010 and 2009. Includes inter-segment revenue of $20 million and $11 million in 2010 and 2009, respectively, and interest income on fiduciary funds of $1 million in both 2010 and 2009. Includes inter-segment revenue of $1 million and $5 million in 2010 and 2009, respectively, interest income on fiduciary funds of $11 million and $13 million in 2010 and 2009, respectively, and equity method income of $7 million and $6 million in 2010 and 2009, respectively. 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DEFINITION LINKBASE EX-101.LAB 6 mmc-20100630_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE EX-101.PRE 7 mmc-20100630_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 8 R19.xml IDEA: Debt 2.2.0.7 false Debt 11201 - Disclosure - Debt true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_DebtDisclosureTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>12.&nbsp;&nbsp;&nbsp;&nbsp;<u>Debt</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">MMC's outstanding debt is as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="82%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" align="right"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>June&nbsp;30,</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" align="right"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">December&nbsp;31,</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></p></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Short-term:</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Current portion of long-term debt</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;558</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;558</font></td></tr> <tr><td height="8"> </td> <td height="8" colspan="2"> </td> <td height="8" colspan="2"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Long-term:</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">6.25</font>% due&nbsp;<font class="_mt">2012</font> <font class="_mt">(<font class="_mt">5.1</font></font>% effective interest rate) </font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;254</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;255</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">4.850</font>% due 2013</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>250</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">249</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">5.875</font>% due 2033</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>296</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">296</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">5.375</font>% due 2014</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>648</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">648</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">5.15</font>% due 2010</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>550</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">549</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">5.75</font>% due 2015</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>747</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">747</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">9.25</font>% due 2019</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>397</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">398</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Mortgage &ndash; <font class="_mt">5.70</font>% due 2035</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>443</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">447</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Other</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3,588</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3,592</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less current portion</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>558</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">558</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$3,030</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$3,034</font></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">On October&nbsp;23, 2009, MMC and certain of its foreign </font><font style="font-family: ARIAL;" class="_mt" size="2">subsidiaries entered into a new $<font class="_mt">1.0</font> billion multi-currency three-year unsecured revolving credit facility, which replaced the $<font class="_mt">1.2</font> billion facility discussed below. The interest rate on this facility varies based upon MMC's credit ratings and MMC's credit default swap levels subject to floors and caps. The facility requires MMC to maintain certain coverage and leverage ratios which are tested quarterly. There were no borrowings outstanding under this facility at June&nbsp;30, 2010. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></p><font style="font-family: ARIAL;" class="_mt" size="2"><font style="line-height: 115%; font-size: 10pt;" class="_mt"><font style="font-family: 'Times New Roman','serif';" class="_mt"><font style="line-height: 115%; font-size: 10pt;" class="_mt"> </font></font></font></font> <p style="line-height: 115%; margin: 0in 0in 10pt; font-family: 'Calibri','sans-serif'; font-size: 11pt;" class="MsoNormal"><font style="line-height: 115%; font-family: 'Arial','sans-serif'; font-size: 10pt;" class="_mt">MMC and certain of its foreign subsidiaries previously maintained a $<font class="_mt">1.2</font> billion multi-currency five-year revolving credit facility. The facility was previously due to expire in December 2010 and was in effect until <font class="_mt">October 2009</font>. There were no borrowings outstanding under this facility at the time it was terminated.</font></p> </div> 12.&nbsp;&nbsp;&nbsp;&nbsp;Debt MMC's outstanding debt is as follows: &nbsp; (In millions of false false false us-types:textBlockItemType textblock Information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 4 false 1 1 false UnKnown UnKnown UnKnown false true XML 9 R44.xml IDEA: Supplemental Disclosures to the Consolidated Statements of Cash Flows (Parenthetical) (Details) 2.2.0.7 false Supplemental Disclosures to the Consolidated Statements of Cash Flows (Parenthetical) (Details) 40502 - Disclosure - Supplemental Disclosures to the Consolidated Statements of Cash Flows (Parenthetical) (Details) true false In Millions false false 1 USD false false Unit12 Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Unit13 Standard http://www.xbrl.org/2003/instance pure xbrli 0 Unit14 Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 Unit1 Standard http://www.xbrl.org/2003/instance shares xbrli 0 $ false 2 USD false false Unit12 Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Unit14 Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 Unit1 Standard http://www.xbrl.org/2003/instance shares xbrli 0 $ 5 3 us-gaap_StockIssuedDuringPeriodSharesAcquisitions us-gaap true na duration No definition available. false false false false false false false false false false false terselabel false 1 false true false false 7400000 7.4 false false false 2 false true false false 5400000 5.4 false false false xbrli:sharesItemType shares Number of shares of stock issued during the period pursuant to acquisitions. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 53 -Subparagraph b Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 141 -Paragraph 51 -Subparagraph d Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30 -Article 5 false 2 1 false UnKnown HundredThousands UnKnown false true XML 10 R35.xml IDEA: Retirement Benefits (Tables) 2.2.0.7 false Retirement Benefits (Tables) 31103 - Disclosure - Retirement Benefits (Tables) true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 mmc_ScheduleOfDefinedBenefitPlanNetPeriodicBenefitCostTextBlock mmc false na duration Schedule detailing the net periodic benefit cost for defined benefit plans for the period. Schedule includes the following... false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"><tr> <td width="72%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Three Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;48</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;45</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>141</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">138</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(200</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(194</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service credit</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(5</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(13</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(4</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(4</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>37</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">17</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost (credit)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;21</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;(7</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;2</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;3</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td height="16"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td></tr> <tr><td valign="top"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Combined U.S. and significant non-U.S. Plans</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Six Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;98</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;91</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;3</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;3</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>286</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">268</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(404</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(381</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service credit</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(10</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(25</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(7</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>72</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">34</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost (credit)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> <p align="justify">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;42</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;(13</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;3</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;5</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"> <p align="right">&nbsp;</p></td></tr> <tr><td height="16"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td></tr> <tr><td valign="top"><font style="font-family: ARIAL;" class="_mt" size="2"><b>U.S. Plans only</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Three Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;19</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;18</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>57</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">56</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(74</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(73</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service credit</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(5</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(12</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(4</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(4</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>19</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">13</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;16</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;2</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td height="16"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td></tr> <tr><td valign="top"><font style="font-family: ARIAL;" class="_mt" size="2"><b>U.S. Plans only</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Six Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;38</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;38</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>113</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">110</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>5</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">6</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(147</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(146</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service credit</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(9</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(24</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(7</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>36</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">26</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;31</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;2</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> </div> For the Three Months Ended June&nbsp;30, &nbsp;&nbsp; PensionBenefits &nbsp; &nbsp; PostretirementBenefits &nbsp; (In millions of false false false us-types:textBlockItemType textblock Schedule detailing the net periodic benefit cost for defined benefit plans for the period. Schedule includes the following components: service cost, interest cost, expected return on plan assets, gain or loss, prior service cost or credit, transition asset or obligation, and gain or loss due to settlements or curtailments). No authoritative reference available. false 6 3 mmc_ScheduleOFdefinedBenefitPlanWeightedAverageAssumptionsUsedInCalculatingNetPeriodicBenefitCostTextBlock mmc false na duration Schedule of assumptions used in calculating the net periodic benefit cost for U.S. and Significant Non-U.S. defined benefit... false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"><tr> <td width="76%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Three Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;29</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;27</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>84</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">82</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(126</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(121</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>18</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost (credit)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;(9</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;2</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;2</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td height="16"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td></tr> <tr><td valign="top"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Significant non-U.S. Plans only</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Six Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;60</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;53</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>173</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">158</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(257</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(235</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>36</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost (credit)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;11</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;(17</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;3</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;3</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top" colspan="12"> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">The weighted average actuarial assumptions utilized to calculate the net periodic benefit costs for the U.S. and significant non-U.S. defined benefit plans are as follows:</font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Combined U.S. and significant non-U.S. Plans</b></font></p></td> <td valign="top"> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;"> </p> <p style="margin-top: 0px; margin-bottom: 0px;">&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;"> </p> <p style="margin-top: 0px; margin-bottom: 1px;">&nbsp;</p></td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Weighted average assumptions:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>8.1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>%&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8.2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">%&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Discount rate</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6.0</b></font></p></td> <td valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>%&nbsp;</b></font></p></td> <td valign="bottom"> <p align="right">&nbsp;</p></td> <td valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">6.5</font></p></td> <td valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">%&nbsp;</font></p></td> <td valign="bottom"> <p align="right">&nbsp;</p></td> <td valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6.3</b></font></p></td> <td valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>%&nbsp;</b></font></p></td> <td valign="bottom"> <p align="right">&nbsp;</p></td> <td valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">6.7</font></p></td> <td valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">%&nbsp;</font></p></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Rate of compensation increase</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4.2</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>%&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3.7</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">%&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> </div> For the Three Months Ended June&nbsp;30, &nbsp;&nbsp; PensionBenefits &nbsp; &nbsp; PostretirementBenefits &nbsp; (In millions of false false false us-types:textBlockItemType textblock Schedule of assumptions used in calculating the net periodic benefit cost for U.S. and Significant Non-U.S. defined benefit plans. No authoritative reference available. false 1 2 false UnKnown UnKnown UnKnown false true XML 11 R51.xml IDEA: Fair Value Measurements (Narrative) (Details) 2.2.0.7 true Fair Value Measurements (Narrative) (Details) (USD $) 41001 - Disclosure - Fair Value Measurements (Narrative) (Details) true false In Millions false false 1 USD true false false false Identical Assets (Level 1) [Member] us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_FairValueInputsLevel1Member us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis explicitMember Unit12 Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 $ false 2 USD true false false false Identical Assets (Level 1) [Member] us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_FairValueInputsLevel1Member us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis explicitMember Unit12 Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 $ 1 0 na true na na No definition available. false true false false false false false false false false false http://www.mmc.com/taxonomy/role/disclosurefairvaluemeasurementsdetails false 1 false false false false 0 0 false false false 2 false false false false 0 0 false false false false 1 USD true false false false Identical Assets (Level 1) [Member] us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_FairValueInputsLevel1Member us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis explicitMember Unit12 Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 $ false 2 USD true false false false Identical Assets (Level 1) [Member] us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_FairValueInputsLevel1Member us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis explicitMember Unit12 Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 $ na No definition available. No authoritative reference available. false 2 2 us-gaap_TradingSecuritiesFairValueDisclosure us-gaap true debit instant No definition available. false false false false false false false false false false false false 1 true true false false 1000000 1 [1] false false false 2 true true false false 10000000 10 [1] false false false xbrli:monetaryItemType monetary This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Trading Securities which consist of all investments in certain debt and equity securities that are bought and held principally for the purpose of selling them in the near term (thus held for only a short period of time) or for which an entity has elected the fair value option. Trading generally reflects active and frequent buying and selling, and trading securities are generally used with the objective of generating profits on short-term differences in price, but this category of investments may also include items which are not intended to be sold in the near term or for which the fair value option has been elected. 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No authoritative reference available. false 6 2 mmc_FairValueassetsMeasuredOnRecurringBasis mmc false debit instant This element represents a certain statement of financial position asset caption which represents a class of assets, or which... false false false false false false false false false false false terselabel false 1 false true false false 353000000 353 false false false 2 false true false false 599000000 599 false false false xbrli:monetaryItemType monetary This element represents a certain statement of financial position asset caption which represents a class of assets, or which may include an individual asset, measured at fair value on a recurring basis. No authoritative reference available. false 10 2 mmc_FairValueFiduciaryAssetsMeasuredOnRecurringBasisMoneyMarketFunds mmc false debit instant Fair Value Fiduciary Assets Measured On Recurring Basis Money Market Funds false false false false false false false false false false false terselabel false 1 false true false false 338000000 338 false false false 2 false true false false 235000000 235 false false false xbrli:monetaryItemType monetary Fair Value Fiduciary Assets Measured On Recurring Basis Money Market Funds No authoritative reference available. false 11 2 mmc_FairValueFiduciaryAssetsMeasuredOnRecurringBasis mmc false debit instant This element represents a certain statement of financial position asset caption which represents a class of assets, or which... false false false false false false false false false false false terselabel false 1 false true false false 338000000 338 false false false 2 false true false false 235000000 235 false false false xbrli:monetaryItemType monetary This element represents a certain statement of financial position asset caption which represents a class of assets, or which may include an individual asset, measured at fair value on a recurring basis. No authoritative reference available. false 12 0 na true na na No definition available. false true false false false false false false false false false http://www.mmc.com/taxonomy/role/disclosurefairvaluemeasurementsdetails false 1 false false false false 0 0 false false false 2 false false false false 0 0 false false false false 3 USD true false false false Observable Inputs (Level 2) [Member] us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_FairValueInputsLevel2Member us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis explicitMember Unit12 Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 $ false 4 USD true false false false Observable Inputs (Level 2) [Member] us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_FairValueInputsLevel2Member us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis explicitMember Unit12 Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 $ na No definition available. 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No authoritative reference available. false 22 2 mmc_FairValueFiduciaryAssetsMeasuredOnRecurringBasis mmc false debit instant This element represents a certain statement of financial position asset caption which represents a class of assets, or which... false false false false false false false false false false false terselabel false 1 false true false false 374000000 374 false false false 2 false true false false 577000000 577 false false false xbrli:monetaryItemType monetary This element represents a certain statement of financial position asset caption which represents a class of assets, or which may include an individual asset, measured at fair value on a recurring basis. No authoritative reference available. false 23 0 na true na na No definition available. false true false false false false false false false false false http://www.mmc.com/taxonomy/role/disclosurefairvaluemeasurementsdetails false 1 false false false false 0 0 false false false 2 false false false false 0 0 false false false false 5 USD true false false false Total Fair Value Input [Member] us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis xbrldi http://xbrl.org/2006/xbrldi mmc_TotalFairValueInputMember us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis explicitMember Unit12 Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 $ false 6 USD true false false false Total Fair Value Input [Member] us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis xbrldi http://xbrl.org/2006/xbrldi mmc_TotalFairValueInputMember us-gaap_DefinedBenefitPlanFairValueOfPlanAssetsByMeasurementAxis explicitMember Unit12 Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 $ na No definition available. 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This item represents Trading Securities which consist of all investments in certain debt and equity securities that are bought and held principally for the purpose of selling them in the near term (thus held for only a short period of time) or for which an entity has elected the fair value option. Trading generally reflects active and frequent buying and selling, and trading securities are generally used with the objective of generating profits on short-term differences in price, but this category of investments may also include items which are not intended to be sold in the near term or for which the fair value option has been elected. 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No authoritative reference available. false 1 Included in other assets in the consolidated balance sheets. 2 Included in cash and cash equivalents in the consolidated balance sheets. 2 25 false Millions UnKnown UnKnown false true XML 12 R29.xml IDEA: Supplemental Disclosures to the Consolidated Statements of Cash Flows (Tables) 2.2.0.7 false Supplemental Disclosures to the Consolidated Statements of Cash Flows (Tables) 30503 - Disclosure - Supplemental Disclosures to the Consolidated Statements of Cash Flows (Tables) true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 mmc_ScheduleOfSupplementalCashFlowDisclosuresTextBlock mmc false na duration Tabular disclosure of supplemental cash flow information related to cash, noncash, and part noncash transactions, for the... false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <div> <table border="0" cellspacing="0" cellpadding="0" width="76%"> <tr><td width="84%"> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Assets acquired, excluding cash</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>532</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">194</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Liabilities assumed</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(115</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(10</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Shares issued (7.4 million and 5.4&nbsp;million shares in 2010 and 2009, respectively)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(178</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(108</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Contingent purchase consideration</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(55</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Deferred purchase consideration</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>14</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(70</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net cash outflow for acquisitions</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>198</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="76%"> <tr><td width="86%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Interest paid</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>113</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">107</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income taxes paid</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>34</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">56</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table></div> </div> (In millions of dollars) &nbsp;&nbsp; 2010 &nbsp; &nbsp; 2009 &nbsp; Assets acquired, excluding false false false us-types:textBlockItemType textblock Tabular disclosure of supplemental cash flow information related to cash, noncash, and part noncash transactions, for the period. No authoritative reference available. false 6 3 mmc_ScheduleOfSupplementalCashFlowIncomeStatementDisclosuresTextBlock mmc false na duration Schedule Of Supplemental Cash Flow Income Statement Disclosures false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="76%"><tr> <td width="86%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>For the Six Months Ended June&nbsp;30</b></font></p> <p style="border-bottom: #000000 1px solid; margin-top: 0px; width: 118pt; margin-bottom: 1px;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net cash (used for) provided by operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(22</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">45</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net cash provided by investing activities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(13</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(26</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> </div> For the Six Months Ended June&nbsp;30 (In millions of dollars) &nbsp;&nbsp; 2010 &nbsp; &nbsp; 2009 &nbsp; Net cash (used for) provided by false false false us-types:textBlockItemType textblock Schedule Of Supplemental Cash Flow Income Statement Disclosures No authoritative reference available. false 1 2 false UnKnown UnKnown UnKnown false true XML 13 R11.xml IDEA: Per Share Data 2.2.0.7 false Per Share Data 10401 - Disclosure - Per Share Data true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_EarningsPerShareTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <div><font style="font-family: ARIAL;" class="_mt" size="2"><b> </b></font> <div><font style="font-family: ARIAL;" class="_mt" size="2"><b> </b></font> <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>4. <u>Per Share Data</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Effective January&nbsp;1, 2009, MMC adopted the guidance for the calculation of earnings per share ("EPS") for share-based payment awards with rights to dividends or dividend equivalents. The guidance indicates that unvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are participating securities and should be included in the computation of basic and dilutive EPS using the two-class method. </font></p> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Basic net income per share attributable to MMC and income from continuing operations per share are calculated by dividing the respective after-tax income attributable to common shares by the weighted average number of outstanding shares of MMC's common stock. </font></p></div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Diluted net income per share attributable to MMC and income from continuing operations per share are calculated by dividing the respective after-tax income attributable to common shares by the weighted average number of outstanding shares of MMC's common stock, which have been adjusted for the dilutive effect of potentially issuable common shares (excluding those that are considered participating securities). The diluted earnings per share calculation reflects the more dilutive effect of either (a)&nbsp;the two-class method that assumes that the participating securities have not been exercised or (b)&nbsp;the treasury stock method. Reconciliation of the applicable income components used for diluted earnings per share and basic weighted average common shares outstanding to diluted weighted average common shares outstanding is presented below.</font></p></div> <p style="margin-top: 18px; margin-bottom: 0px;"> </p><font style="font-family: ARIAL;" class="_mt" size="2"> </font>&nbsp;</div></div> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="66%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Basic EPS Calculation</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><i>Continuing Operations</i></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended </font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions, except per share figures)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) from continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$(29</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$157</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$245</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$329</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Non-controlling interests</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>10</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) from continuing operations attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$(35</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$154</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$235</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$321</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Portion attributable to participating securities</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(1</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">5</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">10</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) attributable to common shares for basic earnings per share</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$(34</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$149</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$231</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$311</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Basic weighted average common shares outstanding</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>537</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Basic EPS Calculation</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><i>Net Income</i></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended </font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions, except per share figures)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$236</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$(193</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$484</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$(17</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Portion attributable to participating securities</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(4</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>8</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) attributable to common shares for basic earnings per share</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$233</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$(189</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$476</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$(17</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Basic weighted average common shares outstanding</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>537</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="72%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Diluted EPS Calculation</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><i>Continuing Operations</i></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended </font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions, except per share figures)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) from continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;&nbsp;(29</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;157</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;245</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;329</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Non-controlling interests</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>10</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) from continuing operations attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;&nbsp;(35</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;154</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;235</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;321</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Portion attributable to participating securities </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(1)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">5</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">10</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) attributable to common shares for diluted earnings per share</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;&nbsp;(35</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;149</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;231</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;311</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Basic weighted average common shares outstanding</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>537</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Dilutive effect of potentially issuable common shares</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Diluted weighted average common shares outstanding</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">523</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Average stock price used to calculate common stock equivalents</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$23.16</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$20.12</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$23.00</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$20.23</font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(1)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td class="MetaData" valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">For the three months ended June 30, 2010 earnings per share was more dilutive under the treasury stock method. Therefore, no amounts are allocated to participating securities in this period. </font></p></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="72%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Diluted EPS Calculation</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><i>Net Income</i></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended </font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions, except per share figures)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;236</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;(193</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;484</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;(17</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Portion attributable to participating securities </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(2)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>8</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) attributable to common shares for diluted earnings per share</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;233</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;(193</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;476</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;(17</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Basic weighted average common shares outstanding</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>537</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Dilutive effect of potentially issuable common shares</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Diluted weighted average common shares outstanding</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>545</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Average stock price used to calculate common stock equivalents</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$23.16</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$20.12</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$23.00</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$20.23</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(2)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td class="MetaData" valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">For the three and six months ended June 30, 2009, earnings per share was more dilutive under the treasury stock method. Therefore, no amounts are allocated to participating securities in these periods. </font></p></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">There were&nbsp;<font class="_mt">45.6</font>&nbsp;million and&nbsp;<font class="_mt">47.4</font>&nbsp;million stock options outstanding as of June&nbsp;30, 2010 and 2009, respectively. </font></p> </div> 4. Per Share Data Effective January&nbsp;1, 2009, MMC adopted the guidance for the calculation of earnings per share ("EPS") for share-based payment awards false false false us-types:textBlockItemType textblock This element may be used to capture the complete disclosure pertaining to an entity's earnings per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 40 false 1 1 false UnKnown UnKnown UnKnown false true XML 14 R10.xml IDEA: Fiduciary Assets and Liabilities 2.2.0.7 false Fiduciary Assets and Liabilities 10301 - Disclosure - Fiduciary Assets and Liabilities true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 mmc_FiduciaryAssetsAndLiabilitiesTextBlock mmc false na duration Describes a general nature of fiduciary assets and liabilities. May include such items as what the assets and liabilities... false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <font style="font-family: ARIAL;" class="_mt" size="2"> </font> <div><font style="font-family: ARIAL;" class="_mt" size="2"> </font> <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><strong>3. <u>Fiduciary Assets and Liabilities</u> </strong></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In its capacity as an insurance broker or agent, MMC collects premiums from insureds and, after deducting its commissions, remits the premiums to the respective insurance underwriters. MMC also collects claims or refunds from underwriters on behalf of insureds. Unremitted insurance premiums and claims proceeds are held by MMC in a fiduciary capacity. Risk and Insurance Services revenue includes interest on fiduciary funds of $<font class="_mt">22</font> million and $<font class="_mt">28</font> million for the six-month periods ended June&nbsp;30, 2010 and 2009, respectively. The Consulting segment recorded fiduciary interest income of $<font class="_mt">2</font> million for each of the comparable periods in 2010 and 2009. Since fiduciary assets are not available for corporate use, they are shown in the consolidated balance sheets as an offset to fiduciary liabilities. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Fiduciary assets include approximately $<font class="_mt">371</font> million and $<font class="_mt">577</font> million of fixed income securities classified as available for sale at June&nbsp;30, 2010 and December&nbsp;31, 2009, respectively. Unrealized gains or losses from available for sale securities are recorded in other comprehensive income until the securities are disposed of, or mature. Unrealized gains, net of tax, at June&nbsp;30, 2010 were $<font class="_mt">8</font> million and $<font class="_mt">12</font> million at June&nbsp;30, 2010 and December&nbsp;31, 2009, respectively. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net uncollected premiums and claims and the related payables amounted to $<font class="_mt">10.3</font> billion at June&nbsp;30, 2010 and $<font class="_mt">9.9</font> billion at December&nbsp;31, 2009. MMC is not a principal to the contracts under which the right to receive premiums or the right to receive reimbursement of insured losses arises. Net uncollected premiums and claims and the related payables are, therefore, not assets and liabilities of MMC and are not included in the accompanying consolidated balance sheets. Mercer had approximately $<font class="_mt">.4</font> billion of fiduciary assets at June&nbsp;30, 2010 and December&nbsp;31, 2009.</font></p> <p style="margin-top: 12px; margin-bottom: 0px;"> </p></div><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2">In certain instances, MMC advances premiums, refunds or claims to insurance underwriters or insureds prior to collection. These advances are made from corporate funds and are reflected in the accompanying consolidated balance sheets as receivables.</font></font></div> </div> 3. Fiduciary Assets and Liabilities In its capacity as an insurance broker or agent, MMC collects premiums from insureds and, after deducting its commissions, false false false us-types:textBlockItemType textblock Describes a general nature of fiduciary assets and liabilities. May include such items as what the assets and liabilities relate to and how recorded No authoritative reference available. false 1 1 false UnKnown UnKnown UnKnown false true XML 15 R30.xml IDEA: Comprehensive Income (Loss) (Tables) 2.2.0.7 false Comprehensive Income (Loss) (Tables) 30603 - Disclosure - Comprehensive Income (Loss) (Tables) true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 mmc_ScheduleOfComprehensiveIncomeTextBlock mmc false na duration Schedule Of Comprehensive Income Text Block false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"><tr> <td width="88%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Foreign currency translation adjustments net of income tax (credit) expense&nbsp;($<font class="_mt">(62)</font> for 2010 and $<font class="_mt">16</font> for 2009, respectively)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$(360</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;304</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Unrealized investment holding losses net of income tax (credit) expense&nbsp;($<font class="_mt">(3)</font> for 2010 and $<font class="_mt">0</font> for 2009, respectively)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(10</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Gains (losses) related to pension/retiree plans net of income tax (credit) expense&nbsp;($<font class="_mt">51</font> for 2010 and $<font class="_mt">(54)</font> for 2009, respectively)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>135</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(129</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Other comprehensive (loss) income</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(235</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">174</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) before non-controlling interests</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>494</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(9</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Comprehensive income before non-controlling interests</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>259</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">165</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Comprehensive income&nbsp;attributable to non-controlling interests</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(10</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(8</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Comprehensive income attributable to MMC</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;249</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;157</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> </div> (In millions of dollars) &nbsp;&nbsp; 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false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false false false false 0 0 true false false 8 false false false false 0 0 true false false 9 false false false false 0 0 true false false 10 false false false false 0 0 true false false 11 false false false false 0 0 true false false 12 false false false false 0 0 true false false 13 false false false false 0 0 true false false 14 false false false false 0 0 true false false 15 false false false false 0 0 true false false 16 false false false false 0 0 true false false 17 false false false false 0 0 true false false 18 false false false false 0 0 true false false 19 false false false false 0 0 true false false xbrli:monetaryItemType monetary Total of the portions of the carrying amounts as of the balance sheet date of long-term debt, which may include notes payable, bonds payable, debentures, mortgage loans, and commercial paper, which are scheduled to be repaid within one year or the normal 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Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 4 false 14 3 us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity us-gaap true credit instant No definition available. false false false false false false false false false false false false 1 false false false false 0 0 false false false 2 false true false false 1000000000 1000000000 false false false 3 false false false false 0 0 false false false 4 false false false false 0 0 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false false false false 0 0 true false false 8 false false false false 0 0 true false false 9 false false false false 0 0 true false false 10 false false false false 0 0 true false false 11 false false false false 0 0 true false false 12 false false false false 0 0 true false false 13 false false false false 0 0 true false false 14 false false false false 0 0 true false false 15 false false false false 0 0 true false false 16 false false false false 0 0 true false false 17 false false false false 0 0 true false false 18 false false false false 0 0 true false false 19 false false false false 0 0 true false false xbrli:monetaryItemType monetary Amount of current borrowing capacity under the credit facility considering any current restrictions on the amount that could be borrowed (for example, borrowings may be limited by the amount of current assets), but without considering any amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 false 15 3 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity us-gaap true credit instant No definition available. false false false false false false false false false false false terselabel false 1 false false false false 0 0 false false false 2 false true false false 1200000000 1200000000 false false false 3 false false false false 0 0 false false false 4 false false false false 0 0 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false false false false 0 0 true false false 8 false false false false 0 0 true false false 9 false false false false 0 0 true false false 10 false false false false 0 0 true false false 11 false false false false 0 0 true false false 12 false false false false 0 0 true false false 13 false false false false 0 0 true false false 14 false false false false 0 0 true false false 15 false false false false 0 0 true false false 16 false false false false 0 0 true false false 17 false false false false 0 0 true false false 18 false false false false 0 0 true false false 19 false false false false 0 0 true false false xbrli:monetaryItemType monetary Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 4 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 false 16 3 us-gaap_LineOfCreditFacilityAmountOutstanding us-gaap true credit instant No definition available. false false false false false false false false false false false terselabel false 1 false false false false 0 0 false false false 2 true true false false 0 0 false false false 3 false false false false 0 0 false false false 4 false false false false 0 0 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false false false false 0 0 true false false 8 false false false false 0 0 true false false 9 false false false false 0 0 true false false 10 false false false false 0 0 true false false 11 false false false false 0 0 true false false 12 false false false false 0 0 true false false 13 false false false false 0 0 true false false 14 false false false false 0 0 true false false 15 false false false false 0 0 true false false 16 false false false false 0 0 true false false 17 false false false false 0 0 true false false 18 false false false false 0 0 true false false 19 false false false false 0 0 true false false xbrli:monetaryItemType monetary Amount borrowed under the credit facility as of the balance-sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 false 17 3 us-gaap_LineOfCreditFacilityExpirationDate us-gaap true na duration No definition available. false false false false false false false false false false false terselabel false 1 false false false false 0 0 <font class="_mt">October 2009</font> October 2009 false false false 2 false false false false 0 0 false false false 3 false false false false 0 0 false false false 4 false false false false 0 0 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false false false false 0 0 true false false 8 false false false false 0 0 true false false 9 false false false false 0 0 true false false 10 false false false false 0 0 true false false 11 false false false false 0 0 true false false 12 false false false false 0 0 true false false 13 false false false false 0 0 true false false 14 false false false false 0 0 true false false 15 false false false false 0 0 true false false 16 false false false false 0 0 true false false 17 false false false false 0 0 true false false 18 false false false false 0 0 true false false 19 false false false false 0 0 true false false us-types:dateStringItemType normalizedstring Reflects when the credit facility terminates, which may be presented in a variety of ways (year, month and year, day, month and year, quarter). Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 4 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 false 19 13 false NoRounding UnKnown UnKnown false true XML 18 R8.xml IDEA: Nature of Operations 2.2.0.7 false Nature of Operations 10101 - Disclosure - Nature of Operations true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_NatureOfOperations us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <font style="font-family: Times New Roman;" class="_mt" size="2"> </font> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><strong>1. <u>Nature of Operations</u> </strong></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Marsh&nbsp;&amp; McLennan Companies, Inc. ("MMC"), a global professional services firm, is organized based on the different services that it offers. Under this organizational structure, MMC's three business segments are: Risk and Insurance Services; Consulting; and Risk Consulting&nbsp;&amp; Technology. As discussed below on August&nbsp;3, 2010, MMC completed the sale of Kroll to Altegrity, Inc. ("Altegrity"). </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The Risk and Insurance Services segment provides risk management and insurance broking, reinsurance broking and insurance program management services for businesses, public entities, insurance companies, associations, professional services organizations, and private clients. MMC conducts business in this segment through Marsh and Guy Carpenter. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In the first quarter of 2010, Marsh acquired Haake Companies, Inc., one of the largest insurance broking firms in the Midwest and Thomas Rutherfoord, Inc., one of the largest insurance broking firms in the Southeast and mid-Atlantic regions of the U.S. On April&nbsp;1, 2010, Marsh completed the acquisition of HSBC Insurance Brokers Ltd., an international provider of risk intermediary and risk advisory services. On April&nbsp;30, 2010, Marsh completed the acquisition of the Bostonian Group Insurance Agency, Inc. and Bostonian Solutions, Inc. (collectively the "Bostonian Group"), one of the largest regional insurance brokerages in New England. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In April 2009, Guy Carpenter completed the acquisition of John B. Collins Associates, Inc., previously the fifth-largest reinsurance intermediary in the U.S. and seventh-largest in the world. In October 2009, Guy Carpenter completed the acquisition of London-based specialty reinsurance broker Rattner Mackenzie Limited from HCC Insurance Holdings, Inc. In September 2009, Marsh acquired International Advisory Services Ltd., the largest independent manager of captives and third-party insurance companies in Bermuda. In December 2009, Marsh acquired the NIA Group, LLC, one of the largest, independent insurance agencies in the Northeast and the 34th largest agency in the U.S. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The Consulting segment provides advice and services to the managements of organizations in the area of human resource consulting, comprising retirement and investments, health and benefits, outsourcing and talent; and strategy and risk management consulting, comprising management, economic and brand consulting. MMC conducts business in this segment through Mercer and Oliver Wyman Group. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The Risk Consulting&nbsp;&amp; Technology segment provides various risk consulting and related risk mitigation services to corporate, government, institutional and individual clients, including consulting services and security services; and technology-enabled services. MMC conducts business in this segment through Kroll. In the first quarter of 2010, Kroll completed the sale of Kroll Laboratory Specialists ("KLS"). On August&nbsp;3, 2010, MMC completed the sale of Kroll to Altegrity for cash consideration of $<font class="_mt">1.13</font> billion. MMC will record the disposal of Kroll in the third quarter of 2010. The account balances and activities of Kroll and KLS were segregated and reported as discontinued operations in the accompanying consolidated balance sheets at June&nbsp;30, 2010 and December&nbsp;31, 2009 and the accompanying consolidated sta tements of income for the three-month and six-month periods ended June&nbsp;30, 2010 and 2009. The after-tax loss on the disposal of KLS is included in discontinued operations in 2010.</font></p></div> </div> 1. Nature of Operations Marsh&nbsp;&amp; McLennan Companies, Inc. ("MMC"), a global professional services firm, is organized based on the different services false false false us-types:textBlockItemType textblock Describes the nature of an entity's business, the major products or services it sells or provides and its principal markets, including the locations of those markets. If the entity operates in more than one business, the disclosure also indicates the relative importance of its operations in each business and the basis for the determination (for example, assets, revenues, or earnings). Disclosures about the nature of operations need not be quantified; relative importance could be conveyed by use of terms such as "predominately", "about equally", or "major and other". This element is also referred to as "Business Description". Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 94-6 -Paragraph 10 false 1 1 false UnKnown UnKnown UnKnown false true XML 19 R36.xml IDEA: Debt (Tables) 2.2.0.7 false Debt (Tables) 31203 - Disclosure - Debt (Tables) true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_ScheduleOfDebtInstrumentsTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"><tr> <td width="82%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" align="right"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>June&nbsp;30,</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" align="right"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">December&nbsp;31,</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></p></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Short-term:</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Current portion of long-term debt</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;558</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;558</font></td></tr> <tr><td height="8"> </td> <td height="8" colspan="2"> </td> <td height="8" colspan="2"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Long-term:</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">6.25</font>% due&nbsp;<font class="_mt">2012</font> <font class="_mt">(<font class="_mt">5.1</font></font>% effective interest rate) </font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;254</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;255</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">4.850</font>% due 2013</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>250</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">249</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">5.875</font>% due 2033</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>296</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">296</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">5.375</font>% due 2014</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>648</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">648</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">5.15</font>% due 2010</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>550</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">549</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">5.75</font>% due 2015</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>747</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">747</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Senior notes &ndash; <font class="_mt">9.25</font>% due 2019</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>397</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">398</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Mortgage &ndash; <font class="_mt">5.70</font>% due 2035</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>443</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">447</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Other</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3,588</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3,592</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less current portion</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>558</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">558</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$3,030</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$3,034</font></td></tr></table> </div> (In millions of dollars) &nbsp;&nbsp; June&nbsp;30, 2010 &nbsp;&nbsp; December&nbsp;31, 2009 Short-term: &nbsp;&nbsp; &nbsp;&nbsp; Current portion of false false false us-types:textBlockItemType textblock This element may be used to capture the complete disclosure pertaining to long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the company, if longer. 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Such gross unrealized gains are the excess of the fair value of the Available-for-sale Securities over their carrying value as of the reporting date. Such gross unrealized gains are included in other comprehensive income in the statement of shareholders' equity, unless the Available-for-sale Security is designated as a hedge. All or a portion of the unrealized holding gain of an available-for-sale security that is designated as being hedged in a fair value hedge shall be recognized in earnings during the period of the hedge. No authoritative reference available. false 8 3 mmc_PremiumsReceivablesAtCarryingValue mmc false debit instant Net uncollected premiums and claims and the related payables are not assets and liabilities of MMC and are not included in... false false false false false false false false false false false terselabel false 1 false true false false 10300000000 10300000000 false false false 2 false true false false 9900000000 9900000000 false false false 3 false false false false 0 0 true false false 4 false false false false 0 0 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false xbrli:monetaryItemType monetary Net uncollected premiums and claims and the related payables are not assets and liabilities of MMC and are not included in the accompanying consolidated balance sheets. 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Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 1 -Article 5 false 1 Includes inter-segment revenue of $1 million and $5 million in 2010 and 2009, respectively, interest income on fiduciary funds of $11 million and $13 million in 2010 and 2009, respectively, and equity method income of $7 million and $6 million in 2010 and 2009, respectively. 2 Includes inter-segment revenue of $2 million and $7 million in 2010 and 2009, respectively, interest income on fiduciary funds of $22 million and $28 million in 2010 and 2009, respectively, and equity method income of $8 million in both 2010 and 2009. 3 Includes inter-segment revenue of $20 million and $11 million in 2010 and 2009, respectively, and interest income on fiduciary funds of $1 million in both 2010 and 2009. 4 Includes inter-segment revenue of $31 million and $21 million in 2010 and 2009, respectively, and interest income on fiduciary funds of $2 million in both 2010 and 2009. 4 27 false Millions UnKnown UnKnown false true XML 22 R22.xml IDEA: Common Stock 2.2.0.7 false Common Stock 11501 - Disclosure - Common Stock true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_ScheduleOfStockByClassTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false verboselabel false 1 false false false false 0 0 <div> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>15.&nbsp;&nbsp;&nbsp;&nbsp;<u>Common Stock</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">MMC did not purchase any treasury shares in 2010 or 2009.</font></p> </div> 15.&nbsp;&nbsp;&nbsp;&nbsp;Common Stock MMC did not purchase any treasury shares in 2010 or 2009. false false false us-types:textBlockItemType textblock This element is used to capture the complete disclosure pertaining to an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation. Stock by Class includes common, convertible and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscri bed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued and outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 30 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 150 -Paragraph 9 false 1 1 false UnKnown UnKnown UnKnown false true XML 23 R31.xml IDEA: Acquisitions (Tables) 2.2.0.7 false Acquisitions (Tables) 30703 - Disclosure - Acquisitions (Tables) true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 mmc_AllocationOfAcquisitionCostsTextblock mmc false na duration Allocation Of Acquisition Costs false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">(amounts in millions): </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="68%"> <tr><td width="91%"> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Cash</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">241</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC common shares</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">178</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Contingent consideration</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">55</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total Consideration</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">474</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Allocation of purchase price:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Cash and cash equivalents</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">57</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Accounts receivable, net</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">81</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Property, plant, and equipment</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">5</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">20</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Intangible assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">138</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">288</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total assets acquired</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">589</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Current liabilities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">75</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other liabilities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">40</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total liabilities assumed</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">115</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net assets acquired</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">474</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> </div> (amounts in millions): &nbsp; Cash &nbsp;&nbsp; $ 241 MMC common shares &nbsp;&nbsp; &nbsp; 178 Contingent consideration &nbsp;&nbsp; &nbsp; 55 false false false us-types:textBlockItemType textblock Allocation Of Acquisition Costs No authoritative reference available. false 6 3 us-gaap_BusinessAcquisitionProFormaInformationTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="84%"><tr> <td width="72%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six Months Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp;30</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Year Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>December&nbsp;31</b></font></td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 115pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions, except per share data)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Revenue</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>5,320</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">5,163</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">10,280</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income from continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>247</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">352</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">560</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net income attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>371</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">256</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Basic net income per share:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.43</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.63</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">1.00</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Net income attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.67</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.01</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.47</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Diluted net income per share:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.43</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.63</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.99</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Net income attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.67</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.01</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.47</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> </div> &nbsp; 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No authoritative reference available. false 52 2 us-gaap_DefinedBenefitPlanServiceCost us-gaap true debit duration No definition available. false false false false false false false false false false false false 1 false true false false 1000000 1 false false false 2 false true false false 1000000 1 false false false 3 false true false false 1000000 1 false false false 4 false true false false 1000000 1 false false false xbrli:monetaryItemType monetary The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 106 -Paragraph 518 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 87 -Paragraph 264 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 132R -Paragraph 5 -Subparagraph a, h false 53 2 us-gaap_DefinedBenefitPlanInterestCost us-gaap true debit duration No definition available. false false false false false false false false false false false false 1 false true false false 1000000 1 false false false 2 false true false false 1000000 1 false false false 3 false true false false 2000000 2 false false false 4 false true false false 2000000 2 false false false xbrli:monetaryItemType monetary The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 106 -Paragraph 518 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 87 -Paragraph 264 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 132R -Paragraph 5 -Subparagraph a, h false 57 2 us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost us-gaap true debit duration No definition available. false false false false false false false false false false false terselabel false 1 true true false false 2000000 2 false false false 2 true true false false 2000000 2 false false false 3 true true false false 3000000 3 false false false 4 true true false false 3000000 3 false false false xbrli:monetaryItemType monetary The total amount of net periodic benefit cost for defined benefit plans for the period. Periodic benefit costs include the following components: service cost, interest cost, expected return on plan assets, gain or loss, prior service cost or credit, transition asset or obligation, and gain or loss due to settlements or curtailments). Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 132R -Paragraph 5 -Subparagraph h false 4 41 false Millions UnKnown UnKnown false true XML 28 R18.xml IDEA: Retirement Benefits 2.2.0.7 false Retirement Benefits 11101 - Disclosure - Retirement Benefits true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>11.&nbsp;&nbsp;&nbsp;&nbsp;<u>Retirement Benefits</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">MMC maintains qualified and non-qualified defined benefit pension plans for its U.S. and non-U.S. eligible employees. MMC's policy for funding its tax qualified defined benefit retirement plans is to contribute amounts at least sufficient to meet the funding requirements set forth by U.S. law and the laws of the non-U.S. jurisdictions in which MMC offers defined benefit plans. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">The target asset allocation for the U.S. Plan was changed recently from <font class="_mt">65</font>% equities and <font class="_mt">35</font>% fixed income to <font class="_mt">55</font>% equities and <font class="_mt">45</font>% fixed income. Implementation of the new target asset allocation is underway. At the end of the second quarter of 2010, the actual allocation for the U.S. Plan was <font class="_mt">64</font>% equities and <font class="_mt">36</font>% fixed income. The target asset allocation for the U.K. Plan, which comprises approximately <font class="_mt">83</font>% of non-U.S. Plan assets, is <font class="_mt">58</font>% equities and <font class="_mt">42</font>% fixed income. At the end of the second quarter of 2010, the actual allocation for the U.K. Plan was <font class=" _mt">55</font>% equities and <font class="_mt">45</font>% fixed income. </font></p> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">The components of the net periodic benefit cost for defined benefit and other postretirement plans are as follows: </font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Combined U.S. and significant non-U.S. Plans </b></font></p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="72%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Three Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;48</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;45</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>141</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">138</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(200</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(194</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service credit</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(5</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(13</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(4</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(4</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>37</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">17</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost (credit)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;21</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;(7</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;2</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;3</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td height="16"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td></tr> <tr><td valign="top"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Combined U.S. and significant non-U.S. Plans</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Six Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;98</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;91</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;3</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;3</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>286</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">268</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(404</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(381</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service credit</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(10</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(25</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(7</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>72</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">34</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost (credit)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> <p align="justify">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;42</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;(13</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;3</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> <p align="right">&nbsp;</p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;5</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"> <p align="right">&nbsp;</p></td></tr> <tr><td height="16"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td></tr> <tr><td valign="top"><font style="font-family: ARIAL;" class="_mt" size="2"><b>U.S. Plans only</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Three Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;19</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;18</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>57</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">56</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(74</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(73</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service credit</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(5</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(12</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(4</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(4</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>19</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">13</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;16</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;2</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td height="16"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td></tr> <tr><td valign="top"><font style="font-family: ARIAL;" class="_mt" size="2"><b>U.S. Plans only</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Six Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;38</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;38</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>113</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">110</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>5</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">6</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(147</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(146</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service credit</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(9</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(24</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(7</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>36</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">26</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;31</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;2</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Significant non-U.S. Plans only </b></font></p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="76%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Three Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;29</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;27</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>84</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">82</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(126</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(121</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>18</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost (credit)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;(9</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;2</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;2</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td height="16"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td> <td height="16" colspan="3"> </td></tr> <tr><td valign="top"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Significant non-U.S. Plans only</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>For the Six Months Ended June&nbsp;30,</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;60</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;53</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Interest cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>173</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">158</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(257</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(235</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Amortization of prior service cost</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Recognized actuarial loss</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>36</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net periodic benefit cost (credit)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;11</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;(17</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;3</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;3</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top" colspan="12"> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">The weighted average actuarial assumptions utilized to calculate the net periodic benefit costs for the U.S. and significant non-U.S. defined benefit plans are as follows:</font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Combined U.S. and significant non-U.S. Plans</b></font></p></td> <td valign="top"> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;"> </p> <p style="margin-top: 0px; margin-bottom: 0px;">&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;"> </p> <p style="margin-top: 0px; margin-bottom: 1px;">&nbsp;</p></td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Pension<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Postretirement<br />Benefits</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Weighted average assumptions:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Expected return on plan assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>8.1</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>%&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8.2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">%&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Discount rate</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6.0</b></font></p></td> <td valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>%&nbsp;</b></font></p></td> <td valign="bottom"> <p align="right">&nbsp;</p></td> <td valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">6.5</font></p></td> <td valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">%&nbsp;</font></p></td> <td valign="bottom"> <p align="right">&nbsp;</p></td> <td valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6.3</b></font></p></td> <td valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>%&nbsp;</b></font></p></td> <td valign="bottom"> <p align="right">&nbsp;</p></td> <td valign="bottom" align="right"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">6.7</font></p></td> <td valign="bottom" nowrap="nowrap"> <p align="right"><font style="font-family: ARIAL;" class="_mt" size="2">%&nbsp;</font></p></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Rate of compensation increase</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4.2</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>%&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3.7</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">%&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">MMC made $<font class="_mt">121</font> million of contributions to its U.S. non-qualified and non-U.S. pension plans through the second quarter of 2010 and expects to contribute approximately $<font class="_mt">150</font> million for the remainder of 2010 for these plans.</font></p> </div> 11.&nbsp;&nbsp;&nbsp;&nbsp;Retirement Benefits MMC maintains qualified and non-qualified defined benefit pension plans for its U.S. and non-U.S. eligible false false false us-types:textBlockItemType textblock Description containing the entire pension and other postretirement benefits disclosure as a single block of text. 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30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="6" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six Months Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp;30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Revenue</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>163</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">173</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>325</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">359</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income before taxes (a)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>17</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(309</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>32</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(296</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income tax expense</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">7</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>15</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">8</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income (loss) from discontinued operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>17</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(316</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>17</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(304</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">(Loss) gain on disposal of discontinued operations (b)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(8</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(10</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(10</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income tax (credit) expense (c)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(262</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">21</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(225</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">24</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">(Loss) gain on disposal of discontinued operations, net of tax</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>254</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(31</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>232</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(34</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Discontinued operations, net of tax</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>271</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(347</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>249</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(338</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Discontinued operations, net of tax per share</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Basic</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.49</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(0.64</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.46</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(0.63</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Diluted</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.49</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(0.65</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.45</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(0.63</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: Times New Roman;" class="_mt" size="2">Includes goodwill impairment charge of $315 million for the three and six month periods in 2009. </font></p></td></tr></table> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(b)</sup></font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: Times New Roman;" class="_mt" size="2">Includes costs incurred through June&nbsp;30, 2010 related to the sale of Kroll and in 2009 a loss on the sale of KGS. </font></p></td></tr></table> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(c)</sup></font><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Represents primarily the recognition of estimated deferred tax assets associated with the sale of Kroll in the three and six month periods in 2010. The six months of 2010 also includes a tax provision of $36 million on the sale of KLS. </font></p></td></tr></table> </div> &nbsp;&nbsp; &nbsp;&nbsp; Three&nbsp;Months&nbsp;EndedJune&nbsp; 30, &nbsp; &nbsp; Six Months EndedJune&nbsp;30, &nbsp; (In millions of dollars) false false false us-types:textBlockItemType textblock Income statement data discontinued operations table. 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Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 132R -Paragraph 5 -Subparagraph a, b Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 106 -Paragraph 518 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 87 -Paragraph 264 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name FASB Staff Position (FSP) -Number FAS106-2 -Paragraph 22 false 7 3 mmc_MercerLossContingencyDamagesSought mmc false debit duration Describes the form and magnitude of the award the plaintiff seeks in the legal matter, which may include an unspecified... false false false false false false false false false false false terselabel false 1 false false false false 0 0 false false false 2 false true false false 2800000000 2800000000 false false false xbrli:monetaryItemType monetary Describes the form and magnitude of the award the plaintiff seeks in the legal matter, which may include an unspecified amount of money No authoritative reference available. false 8 3 mmc_ReinsuranceAmountOfGuaranteeRelatedToPaymentOfIluPolicies mmc false na duration Reinsurance amount of guarantee related to payment of ILU policies false false false false false false false false false false false label false 1 true true false false 40000000 40000000 false false false 2 false false false false 0 0 false false false xbrli:monetaryItemType monetary Reinsurance amount of guarantee related to payment of ILU policies No authoritative reference available. false 2 4 false NoRounding UnKnown UnKnown false true XML 31 R12.xml IDEA: Supplemental Disclosures to the Consolidated Statements of Cash Flows 2.2.0.7 false Supplemental Disclosures to the Consolidated Statements of Cash Flows 10501 - Disclosure - Supplemental Disclosures to the Consolidated Statements of Cash Flows true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_CashFlowSupplementalDisclosuresTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>5. <u>Supplemental Disclosures to the Consolidated Statements of Cash Flows</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The following schedule provides additional information concerning acquisitions, interest and income taxes paid for the six-month periods ended June&nbsp;30, 2010 and 2009. </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="76%"> <tr><td width="84%"> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Assets acquired, excluding cash</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>532</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">194</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Liabilities assumed</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(115</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(10</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Shares issued&nbsp;<font class="_mt">(7.4</font> million and&nbsp;<font class="_mt">5.4</font>&nbsp;million shares in 2010 and 2009, respectively)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(178</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(108</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Contingent purchase consideration</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(55</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Deferred purchase consideration</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>14</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(70</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net cash outflow for acquisitions</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>198</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="76%"> <tr><td width="86%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Interest paid</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>113</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">107</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income taxes paid</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>34</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">56</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC had non-cash issuances of common stock under its share-based payment plan of $<font class="_mt">132</font> million and $<font class="_mt">82</font> million for the six months ended June&nbsp;30, 2010 and 2009, respectively. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The consolidated cash flow statements include the cash flow impact by each cash flow category for Kroll, which is reflected as a discontinued operation. The cash flow impact of discontinued operations from the operating, financing and investing cash flow categories is as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="76%"> <tr><td width="86%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>For the Six Months Ended June&nbsp;30</b></font></p> <p style="border-bottom: #000000 1px solid; margin-top: 0px; width: 118pt; margin-bottom: 1px;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net cash (used for) provided by operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(22</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">45</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net cash provided by investing activities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(13</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(26</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The information above excludes the cash flow impacts of the actual disposal transaction related to discontinued operations because MMC believes the disposal transaction to be cash flows attributable to the parent company, arising from its decision to dispose of the discontinued operation. MMC's cash flow reflects the cash provided by investing activities of $<font class="_mt">110</font> million from the disposal of KLS in 2010 and $<font class="_mt">70</font> million from the sale of Kroll Government Services ("KGS") in 2009. These amounts have been excluded from the information presented in the above chart. </font></p> </div> 5. Supplemental Disclosures to the Consolidated Statements of Cash Flows The following schedule provides additional information concerning acquisitions, false false false us-types:textBlockItemType textblock Designated to encapsulate the entire footnote disclosure that provides information on the supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. 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Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 32 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 25 -Article 7 true 2 44 false Millions UnKnown UnKnown false true XML 33 R14.xml IDEA: Acquisitions 2.2.0.7 false Acquisitions 10701 - Disclosure - Acquisitions true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_BusinessCombinationDisclosureTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>7. <u>Acquisitions</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In 2010, MMC has made four acquisitions in its Risk and Insurance Services segment, two of which were made in the second quarter of 2010. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">On April&nbsp;1, 2010, Marsh completed the acquisition of HSBC Insurance Brokers Ltd. This transaction deepens Marsh's presence in the U.K., Hong Kong, Singapore, China and the Middle East. As part of the acquisition agreement, Marsh also entered into a strategic partnership with HSBC Bank that gives MMC preferred access to provide insurance broking and risk management services to HSBC and their corporate and private clients. On April&nbsp;30, 2010, Marsh&nbsp;&amp; McLennan Agency acquired the Bostonian Group, one of the largest regional insurance brokerages in New England. This transaction increases Marsh's middle market presence. During the first quarter of 2010, Marsh acquired Haake Companies, Inc., one of the largest independent insurance broking firms in the Midwest, and Thomas Rutherfoord, Inc., one of the largest insurance broking firms in the Southeast and mid - -Atlantic regions in the U.S. These acquisitions were made to expand Marsh's share in the middle-market through Marsh&nbsp;&amp; McLennan Agency. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total purchase consideration for the four acquisitions made during 2010 was $<font class="_mt">472</font> million which consisted of cash paid of $<font class="_mt">239</font> million, the issuance of&nbsp;<font class="_mt">7.4</font>&nbsp;million shares with a fair value of $<font class="_mt">178</font> million, and estimated contingent consideration of $<font class="_mt">55</font> million. Contingent consideration arrangements are primarily based on EBITDA and revenue targets over two to four years. The fair value of the contingent consideration was based on earnings projections of the acquired entities. Estimated fair values of assets acquired and liabilities assumed are subject to adjustment when purchase accounting is finalized. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In 2010, MMC also paid $<font class="_mt">14</font> million of deferred purchase consideration and $<font class="_mt">2</font> million of contingent purchase consideration related to acquisitions made in prior years. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The following table presents the preliminary allocation of the acquisition costs for the companies acquired by MMC during 2010 to the assets acquired and liabilities assumed, based on their fair values, including contingent consideration from prior acquisitions (amounts in millions): </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="68%"> <tr><td width="91%"> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Cash</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">241</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC common shares</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">178</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Contingent consideration</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">55</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total Consideration</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">474</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Allocation of purchase price:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Cash and cash equivalents</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">57</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Accounts receivable, net</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">81</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Property, plant, and equipment</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">5</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">20</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Intangible assets</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">138</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">288</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total assets acquired</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">589</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Current liabilities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">75</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other liabilities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">40</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total liabilities assumed</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">115</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net assets acquired</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">474</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In the first quarter of 2010, MMC paid deferred purchase consideration of $<font class="_mt">15</font> million related to the purchase in 2009 of the minority interest of a previously controlled entity. </font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><i>Prior Year Acquisitions </i></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">During the six months ended June&nbsp;30, 2009, MMC made one acquisition in its Risk and Insurance Services segment for total purchase consideration of $<font class="_mt">195</font> million. The allocation of purchase consideration resulted in acquired goodwill and other intangible assets, amounting to $<font class="_mt">127</font> million and $<font class="_mt">52</font> million, respectively. MMC also paid $<font class="_mt">3</font> million of contingent consideration in 2009 related to prior acquisitions. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In the first quarter of 2009, MMC's Risk&nbsp;&amp; Insurance Services segment acquired the remaining minority interest of a previously majority owned entity for total purchase consideration of $<font class="_mt">47</font> million. The accounting guidance requires that changes in a parent's ownership interest while retaining financial controlling interest in a subsidiary be accounted for as an equity transaction. Stepping up the acquired assets to fair value or the recording of goodwill is no longer permitted. Therefore, MMC recorded a decrease to additional paid in capital in the first quarter of 2009 of $<font class="_mt">38</font> million related to this transaction. </font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><i>Pro-Forma Information </i></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The following unaudited pro-forma financial data gives effect to the acquisitions made by MMC during 2010, as if they occurred on January&nbsp;1, 2009. The pro-forma information adjusts for the effects of amortization of acquired intangibles. The pro-forma information also reflects the classification of Kroll's operating results to discontinued operations for all periods presented. The unaudited pro-forma financial data is presented for illustrative purposes only and is not necessarily indicative of the operating results that would have been achieved if such acquisitions had occurred on the dates indicated, nor is it necessarily indicative of future consolidated results. </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="84%"> <tr><td width="72%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six Months Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp;30</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Year Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>December&nbsp;31</b></font></td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 115pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions, except per share data)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Revenue</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>5,320</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">5,163</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">10,280</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income from continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>247</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">352</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">560</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Net income attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>371</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">256</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Basic net income per share:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.43</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.63</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">1.00</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Net income attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.67</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.01</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.47</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Diluted net income per share:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.43</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.63</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.99</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Net income attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.67</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.01</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">0.47</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The pro-forma information provided above excludes the results of ORC Worldwide which was acquired on July&nbsp;30, 2010. </font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><i>Acquisitions Subsequent to the Balance Sheet Date </i></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">On July&nbsp;1, 2010, Mercer completed the acquisition of Innovative Process Administration ("IPA"), a provider of health benefits record keeping and employee enrollment technology to enhance its outsourcing platform. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">On July&nbsp;30, 2010, Mercer completed the acquisition of ORC Worldwide, a human resource knowledge provider, to become an unparalleled provider of global human resource intelligence and to further strengthen related international consulting, conference and educational related international consulting, conference and educational services. 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Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 5 -Section E -Paragraph Question 3 false 1 Includes goodwill impairment charge of $315 million for the three and six month periods in 2009. 2 Includes costs incurred through June 30, 2010 related to the sale of Kroll and in 2009 a loss on the sale of KGS. 3 Represents primarily the recognition of estimated deferred tax assets associated with the sale of Kroll in the three and six month periods in 2010. The six months of 2010 also includes a tax provision of $36 million on the sale of KLS. 5 12 false NoRounding UnKnown NoRounding false true XML 35 R15.xml IDEA: Dispositions 2.2.0.7 false Dispositions 10801 - Disclosure - Dispositions true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_DisposalGroupsIncludingDiscontinuedOperationsDisclosureTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>8. <u>Dispositions</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">On August&nbsp;3, 2010, MMC completed its sale of Kroll to Altegrity for cash proceeds of $<font class="_mt">1.13</font> billion. The account balances and activities of Kroll were segregated and reported as discontinued operations in the accompanying consolidated balance sheets at June&nbsp;30, 2010 and December&nbsp;31, 2009 and the accompanying consolidated statements of income for the three-month and six-month periods ended June&nbsp;30, 2010 and 2009. MMC will record the disposal of Kroll in the third quarter of 2010. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC's tax basis in its investment in the stock of Kroll exceeds the recorded amount primarily as a result of prior impairments of goodwill recognized for financial reporting, but not tax. Prior to the second quarter of 2010, a tax benefit was not recorded for this temporary difference because it was not apparent in the foreseeable future that it would reverse in a transaction that would result in a tax benefit. Since Kroll met the criteria for classification as a discontinued operation in the second quarter of 2010, MMC determined that it had the ability to carry back the capital loss realized against prior realized capital gains. Therefore, a $<font class="_mt">265</font> million deferred tax benefit was recorded in discontinued operations in the second quarter of 2010 to establish a deferred tax asset. </font></p> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In the first quarter of 2010, Kroll completed the sale of KLS. The after-tax loss on this disposal is included in discontinued operations in 2010. The operating results of KLS have been reclassified into discontinued operations. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In the second quarter of 2009, Kroll completed the sale of Kroll Government Services ("KGS"). The operating results of KGS for the second quarter of 2009 are included in discontinued operations. Discontinued operations in the second quarter of 2010 and 2009 also includes the accretion of interest related to an indemnity for uncertain tax positions provided as part of the purchase by Great West Lifeco Inc. of Putnam Investments Trust from MMC in August 2007. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Summarized Statements of Income data for discontinued operations is as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="92%"> <tr><td width="74%"> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="6" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Three&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="6" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six Months Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp;30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Revenue</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>163</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">173</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>325</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">359</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income before taxes (a)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>17</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(309</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>32</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(296</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income tax expense</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">7</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>15</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">8</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income (loss) from discontinued operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>17</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(316</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>17</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(304</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">(Loss) gain on disposal of discontinued operations (b)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(8</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(10</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>7</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(10</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Income tax (credit) expense (c)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(262</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">21</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(225</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">24</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">(Loss) gain on disposal of discontinued operations, net of tax</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>254</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(31</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>232</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(34</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Discontinued operations, net of tax</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>271</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(347</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>249</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(338</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Discontinued operations, net of tax per share</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Basic</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.49</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(0.64</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.46</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(0.63</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: Times New Roman;" class="_mt" size="2">&ndash; Diluted</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.49</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(0.65</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>0.45</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(0.63</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font></td> <td class="MetaData" valign="top" align="left"> <p align="left"><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: Times New Roman;" class="_mt" size="2">Includes goodwill impairment charge of $<font class="_mt">315</font> million for the three and six month periods in 2009. </font></p></td></tr></table> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(b)</sup></font></td> <td class="MetaData" valign="top" align="left"> <p align="left"><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: Times New Roman;" class="_mt" size="2">Includes costs incurred through June 30, 2010 related to the sale of Kroll and in 2009 a loss on the sale of KGS. </font></p></td></tr></table> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(c)</sup></font><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td> <td class="MetaData" valign="top" align="left"> <p align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Represents primarily the recognition of estimated deferred tax assets associated with the sale of Kroll in the three and six month periods in 2010. The six months of 2010 also includes a tax provision of $<font class="_mt">36 </font>million on the sale of KLS. </font></p></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The assets and liabilities of Kroll are classified as current assets, non-current assets and current liabilities of discontinued operations in the Consolidated Balance Sheets at June&nbsp;30, 2010 and December&nbsp;31, 2009. The assets of Kroll primarily consist of goodwill, other identified intangible assets, commissions and fees receivable and fixed assets. </font></p> </div> 8. Dispositions On August&nbsp;3, 2010, MMC completed its sale of Kroll to Altegrity for cash proceeds of $1.13 billion. The account balances and activities false false false us-types:textBlockItemType textblock Disclosure includes the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain or loss recognized in the income statement and the income statement caption that includes that gain or loss, amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations). Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 144 -Paragraph 43-48 false 1 1 false UnKnown UnKnown UnKnown false true XML 36 R24.xml IDEA: Segment Information 2.2.0.7 false Segment Information 11701 - Disclosure - Segment Information true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_SegmentReportingDisclosureTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <font style="font-family: ARIAL;" class="_mt" size="2"><b> </b></font> <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>17.&nbsp;&nbsp;&nbsp;&nbsp;<u>Segment Information</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">MMC is organized based on the types of services provided. Under this organizational structure, MMC's business segments are: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Risk and Insurance Services</b>, comprising insurance services (Marsh) and reinsurance services (Guy Carpenter); </font></p></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Consulting</b>, comprising Mercer and Oliver Wyman Group; and </font></p></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Risk Consulting&nbsp;&amp; Technology</b>, which is comprised of Kroll. The results of this segment are now included in discontinued operations due to the sale of Kroll. </font></p></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">The accounting policies of the segments are the same as those used for the consolidated financial statements described in Note 1 to MMC's 2009 10-K. Segment performance is evaluated based on segment operating income, which includes directly related expenses, and charges or credits related to integration and restructuring but not MMC corporate-level expenses. Revenues are attributed to geographic areas on the basis of where the services are performed. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">Selected information about MMC's operating segments for the three and six-month periods ended June&nbsp;30, 2010 and 2009 follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="60%"> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three Months Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six Months Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Revenue</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Operating</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Income&nbsp;(Loss)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Revenue</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Operating</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Income&nbsp;(Loss)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010 &ndash;</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Risk and Insurance Services</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$1,459<font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;258</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$2,951<font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(c)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;605</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Consulting</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,168<font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(b)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(275</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,323<font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(d)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(159</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Operating Segments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,627</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(17</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>5,274</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>446</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Corporate / Eliminations</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(21</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(33</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(33</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(71</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Consolidated</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$2,606</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;(50</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$5,241</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;375</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2009 &ndash;</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Risk and Insurance Services</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$1,343</font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;245</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$2,715</font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(c</sup></font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;542</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Consulting</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,143</font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(b)</sup> </font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">96</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,226</font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(d</sup></font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">169</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Operating Segments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,486</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">341</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4,941</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">711</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Corporate/Eliminations</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(16</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(47</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(28</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(100</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Consolidated</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$2,470</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;294</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$4,913</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;611</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">(a)</font></td> <td class="MetaData" valign="top" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Includes inter-segment revenue of $<font class="_mt"><font class="_mt">1</font></font> million and $<font class="_mt"><font class="_mt">5</font></font> million in 2010 and 2009, respectively, interest income on fiduciary funds of $<font class="_mt"><font class="_mt">11</font></font> million and $<font class="_mt"><font class="_mt">13</font></font> million in 2010 and 2009, respectively, and equity method income of $<font class="_mt"><font class="_mt">7</font></font> million and $<font class="_mt"><font class="_mt">6</font></font> million in 2010 and 2009, respectively. </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">(b)</font></td> <td class="MetaData" valign="top" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Includes inter-segment revenue of $<font class="_mt"><font class="_mt">20</font></font> million and $<font class="_mt"><font class="_mt">11</font></font> million in 2010 and 2009, respectively, and interest income on fiduciary funds of $<font class="_mt"><font class="_mt">1</font></font> million in both 2010 and 2009. </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">(c)</font></td> <td class="MetaData" valign="top" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Includes inter-segment revenue of $<font class="_mt"><font class="_mt">2</font></font> million and $<font class="_mt"><font class="_mt">7</font></font> million in 2010 and 2009, respectively, interest income on fiduciary funds of $<font class="_mt"><font class="_mt">22</font></font> million and $<font class="_mt"><font class="_mt">28</font></font> million in 2010 and 2009, respectively, and equity method income of $<font class="_mt"><font class="_mt">8</font></font> million in both 2010 and 2009. </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">(d)</font></td> <td class="MetaData" valign="top" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Includes inter-segment revenue of $<font class="_mt">31</font> million and $<font class="_mt">21</font> million in 2010 and 2009, respectively, and interest income on fiduciary funds of $<font class="_mt">2</font> million in both 2010 and 2009. </font></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">Details of operating segment revenue for the three and six-month periods ended June&nbsp;30, 2010 and 2009 is as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="72%"> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="6"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="6" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Risk and Insurance Services</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Marsh</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,214</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,114</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,389</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,202</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Guy Carpenter</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>245</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">229</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>562</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">513</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Risk and Insurance Services</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,459</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,343</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,951</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,715</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Consulting</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Mercer</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>838</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">832</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,687</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,635</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Oliver Wyman Group</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>330</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">311</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>636</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">591</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Consulting</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,168</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,143</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,323</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,226</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Total Operating Segments</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,627</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,486</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>5,274</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4,941</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Corporate/Eliminations</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(21</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(16</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(33</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(28</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Total</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,606</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">$</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,470</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>5,241</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">$</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4,913</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table></div> </div> 17.&nbsp;&nbsp;&nbsp;&nbsp;Segment Information MMC is organized based on the types of services provided. Under this organizational structure, MMC's business false false false us-types:textBlockItemType textblock This element may be used to capture the complete disclosure of reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10% or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 false 1 1 false UnKnown UnKnown UnKnown false true XML 37 R20.xml IDEA: Restructuring Costs 2.2.0.7 false Restructuring Costs 11301 - Disclosure - Restructuring Costs true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 mmc_RestructuringAndRelatedActivitiesTextblock mmc false na duration Description of restructuring activities including exit and disposal activities, which should include facts and circumstances... false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>13. <u>Restructuring Costs</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Actions Initiated in 2010 </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">For the first six months of 2010, MMC implemented restructuring actions which resulted in costs totaling $<font class="_mt">41</font> million, primarily related to severance and benefits. Approximately $<font class="_mt">25</font> million of these costs related to cost reduction activities for recent acquisitions. These costs were incurred as follows: Marsh - $<font class="_mt">22</font> million, Guy Carpenter - $<font class="_mt">15</font> million, Mercer - $<font class="_mt">2</font> million and MMC - $<font class="_mt">2</font> million. These activities resulted in the elimination of approximately&nbsp;<font class="_mt">150</font> positions at Marsh,&nbsp;<font class="_mt">70</font> positions at Guy Carpenter,&nbsp;<font class="_mt">40</font> positions at Mercer an d&nbsp;<font class="_mt">50</font> positions at MMC. </font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Actions Initiated Prior to 2010 </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Prior to 2010, MMC implemented several restructuring and cost-saving initiatives related to firm-wide infrastructure, organization structure and operating company business processes. These initiatives resulted in staff reductions and consolidations of facilities. MMC incurred restructuring costs of $<font class="_mt">16</font> million for the six months ended June&nbsp;30, 2010 in connection with actions initiated in prior years, primarily due to severance and related benefits and adjustments to the estimated future rent and real estate costs related to previously vacated space. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">As of June&nbsp;30, 2010, the remaining liability for all restructuring initiatives described above was approximately $<font class="_mt">211</font> million, primarily related to future severance and benefit payments ($<font class="_mt">49</font> million) and future lease agreements ($<font class="_mt">133</font> million). MMC made $<font class="_mt">89</font> million of payments during the six months of 2010 related to its restructuring plans. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The expenses associated with the above initiatives are included in Compensation and benefits and Other operating expenses in the consolidated statements of income. The liabilities associated with these initiatives are classified on the consolidated balance sheets as Accounts payable, Other liabilities, or Accrued compensation, depending on the nature of the items. </font></p> </div> 13. Restructuring Costs Actions Initiated in 2010 For the first six months of 2010, MMC implemented restructuring actions which resulted in costs totaling false false false us-types:textBlockItemType textblock Description of restructuring activities including exit and disposal activities, which should include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. This element may be used as a single block of text to encapsulate the entire disclosure including data and tables. 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Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30 -Article 5 false 2 8 false Millions NoRounding NoRounding false true XML 39 R27.xml IDEA: New Accounting Pronouncements (Policy) 2.2.0.7 false New Accounting Pronouncements (Policy) 21802 - Disclosure - New Accounting Pronouncements (Policy) true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 mmc_BusinessCombinationsDisclosureTextBlock mmc false na duration Description of a business combination (or series of individually immaterial business combinations) completed during the... false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Effective January&nbsp;1, 2009, the Company adopted the new guidance issued by the FASB for Business Combinations. The guidance requires entities in a business combination to recognize all (and only) the assets acquired and liabilities assumed in the transaction; establishes the acquisition-date fair value as the measurement objective for all assets acquired and liabilities assumed; and requires the acquirer to disclose all information needed by investors and other users to evaluate and understand the nature and financial effect of the business combination. </font></p></div> </div> Effective January&nbsp;1, 2009, the Company adopted the new guidance issued by the FASB for Business Combinations. The guidance requires entities in a business false false false us-types:textBlockItemType textblock Description of a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. This element may be used as a single block of text to encapsulate the entire disclosure (including data and tables) regarding business combinations, including leverage buyout transactions (as applicable). No authoritative reference available. false 6 3 mmc_ConsolidationNonControllingInterestsTextBlock mmc false na duration Describes an entity's accounting policy regarding (1) the principles it follows in consolidating or combining the separate... false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Effective January&nbsp;1, 2009, the Company adopted the new guidance issued by the FASB for Consolidation &ndash; Non-controlling Interests, which did not have a material impact on our financial condition, results of operations or cash flows. However, it did impact the presentation and disclosure of non-controlling (minority) interests in our consolidated financial statements. The effects of this change are reflected herein. </font></p></div> </div> Effective January&nbsp;1, 2009, the Company adopted the new guidance issued by the FASB for Consolidation &ndash; Non-controlling Interests, which did not have false false false us-types:textBlockItemType textblock Describes an entity's accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting. An entity also may describe its accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary. No authoritative reference available. false 7 3 mmc_FairValueMeasurementsAndDisclosuresTextBlock mmc false na duration This element represents the disclosure related to the fair value measurement of assets and liabilities which includes... false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <div> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In February 2008, the FASB issued guidance related to Fair Value Measurements which delayed until the second quarter of 2009, fair value measurement for non-financial assets and non-financial liabilities, except for items that are recognized or disclosed at fair value in the financial statements on a recurring basis. The Company has applied the provision of this new guidance to its financial statement disclosures beginning in the second quarter of 2009. </font></p></div> </div> In February 2008, the FASB issued guidance related to Fair Value Measurements which delayed until the second quarter of 2009, fair value measurement for false false false us-types:textBlockItemType textblock This element represents the disclosure related to the fair value measurement of assets and liabilities which includes [financial] instruments measured at fair value that are classified in stockholders' equity. Such assets and liabilities may be measured on a recurring or nonrecurring basis. The disclosures which may be required or desired include: (1) for assets and liabilities measured on a recurring basis, disclosure may include: (a) the fair value measurements at the reporting date; (b) the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets or liabilities (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3); (c) for fair value measurements using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period a ttributable to the following: (i) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (ii) purchases, sales, issuances, and settlements (net); (iii) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs); (d) the amount of the total gains or losses for the period in subparagraph (c) (i) above included in earnings (or changes in net assets) that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held at the reporting date and a description of where those unrealized gains or losses are reported in the statement of income (or activities); (e) the valuation technique(s) used to measure fair value and a discussion of changes in valuation techni ques, if any, during the period and (2) for assets and liabilities that are measured at fair value on a nonrecurring basis (for example, impaired assets) disclosure may include, in addition to (a) above: (a) the reasons for the fair value measurements recorded; (b) the same as (b) above; (c) for fair value measurements using significant unobservable inputs (Level 3), a description of the inputs and the information used to develop the inputs; and (d) the valuation technique(s) used to measure fair value and a discussion of changes, if any, in the valuation technique(s) used to measure similar assets and/or liabilities in prior periods. No authoritative reference available. false 8 3 mmc_AccountingForAssetsAcquiredAndLiabilitiesAssumedTextblock mmc false na duration The amount, measured at acquisition-date fair value, of all the assets acquired and liabilities assumed that arise from... false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">On April&nbsp;1, 2009, the FASB issued guidance for "Accounting for Assets Acquired and Liabilities Assumed in a Business Combination That Arise from Contingencies", to address application issues raised by preparers, auditors and attorneys. The guidance requires recognition of contingent assets or liabilities (arising from a business combination contingency) at fair value, at the acquisition date if the acquisition-date fair value of the asset or liability can be determined during the measurement period, or if certain criteria are met. Otherwise, the acquirer should not recognize an asset or liability as of the acquisition date. The guidance is effective for business combinations occurring on or after January&nbsp;1, 2009. This new guidance did not have a material impact on MMC's financial condition or reported results. </font></p></div> </div> On April&nbsp;1, 2009, the FASB issued guidance for "Accounting for Assets Acquired and Liabilities Assumed in a Business Combination That Arise from false false false us-types:textBlockItemType textblock The amount, measured at acquisition-date fair value, of all the assets acquired and liabilities assumed that arise from contingencies and were recognized by the entity. No authoritative reference available. false 9 3 mmc_FinancialInstrumentsGuidanceTextblock mmc false na duration Describes an entity's accounting policy for determining the fair value of its financial instruments. false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In the second quarter of 2009, MMC adopted the guidance issued by the FASB for interim disclosures about fair value of financial instruments. The guidance, which is effective for interim periods ending after June&nbsp;15, 2009, requires disclosures about the fair values of financial instruments in interim period reports of publicly traded companies as well as in annual financial statements. The adoption of this guidance did not have a material impact on MMC's financial condition or reported results. </font></p></div> </div> In the second quarter of 2009, MMC adopted the guidance issued by the FASB for interim disclosures about fair value of financial instruments. The guidance, false false false us-types:textBlockItemType textblock Describes an entity's accounting policy for determining the fair value of its financial instruments. No authoritative reference available. false 10 3 mmc_EmployersDisclosuresAboutPensionAndOtherPostRetirementBenefitPlanAssetsTextBlock mmc false na duration Employers Disclosures About Pension and Other Post Retirement Benefit Plan Assets Text Block false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In December 2008, the FASB issued guidance for Employers' Disclosures About Pension and Other Post Retirement Benefit Plan Assets. The guidance requires fair value plan asset disclosures for an employer's assets in defined benefit pension and postretirement plans similar to the guidance on Fair Value Measurements, as well as (a)&nbsp;how investment allocation decisions are made, (b)&nbsp;the major categories of plan assets, and (c)&nbsp;significant concentrations of risk within plan assets. The guidance is effective for fiscal years ending after December&nbsp;15, 2009. The Company has applied the provision of this new guidance to its financial statement disclosures beginning December&nbsp;31, 2009. </font></p></div> </div> In December 2008, the FASB issued guidance for Employers' Disclosures About Pension and Other Post Retirement Benefit Plan Assets. The guidance requires fair false false false us-types:textBlockItemType textblock Employers Disclosures About Pension and Other Post Retirement Benefit Plan Assets Text Block No authoritative reference available. false 11 3 mmc_ConsolidationOfVariableInterestEntitiesAndTransferOfAssetsTextBlock mmc false na duration Consolidation of Variable Interest Entities And Transfer Of Assets Text Block false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In December 2009, the FASB issued new guidance related to the Consolidation of Variable Interest Entities ("VIE") and transfer of assets. The new guidance focuses on 'controlling financial interests' and requires companies to perform qualitative analysis to determine whether they must consolidate a VIE by assessing whether the variable interests give them controlling financial interests in the VIE. This guidance is effective for transfers occurring on or after November&nbsp;15, 2009. Provisions must be applied in annual reporting periods beginning after November&nbsp;15, 2009 and interim periods within that annual period. The adoption of the guidance did not have a material impact on the Company's financial statements. Also, effective January&nbsp;1, 2010, the Company adopted new guidance that indefinitely defers the above changes relating to the Company's interests in ent ities that have all the attributes of an investment company or for which it is industry practice to apply measurement principles for financial reporting that are consistent with those applied by an investment company. As a result, the above guidance did not apply to certain investment management trusts managed by Mercer. </font></p></div> </div> In December 2009, the FASB issued new guidance related to the Consolidation of Variable Interest Entities ("VIE") and transfer of assets. The new guidance false false false us-types:textBlockItemType textblock Consolidation of Variable Interest Entities And Transfer Of Assets Text Block No authoritative reference available. false 12 3 mmc_FairValueMeasurementsAndDisclosuresLevel3TextBlock mmc false na duration Fair Value Measurements And Disclosures Level 3 [Text Block] false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In January 2010, the FASB issued new guidance that adds additional disclosures about transfers into and out of Levels 1 and 2 items and separate disclosures about purchases, sales, issuances, and settlements related to Level 3 measurements. It also clarifies existing fair value disclosures about the level of disaggregation and about inputs and valuation techniques used to measure fair value. Further, the new guidance amends the requirements on employer's disclosures about postretirement benefit plan assets to require disclosures be provided by classes of assets instead of by major categories of assets. This guidance is effective for the first reporting period beginning after December&nbsp;31, 2009, except for the requirement to provide the Level 3 activity of purchases, sales, issuances, and settlements on a gross basis, which will be effective for fiscal years beginning after Dec ember&nbsp;15, 2010. The adoption of the guidance did not have a material impact on the Company's financial statements. </font></p></div> </div> In January 2010, the FASB issued new guidance that adds additional disclosures about transfers into and out of Levels 1 and 2 items and separate disclosures false false false us-types:textBlockItemType textblock Fair Value Measurements And Disclosures Level 3 [Text Block] No authoritative reference available. false 13 3 mmc_FutureAdoptionOfNewAccountingPronouncementsTextBlock mmc false na duration For a new accounting pronouncement that has been issued but not yet adopted, an entity's disclosure should (1) describe the... false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In October 2009, the FASB amended its guidance on revenue recognition regarding multiple-deliverable revenue arrangements. The guidance is effective prospectively for arrangements entered into or materially modified in fiscal years beginning on or after June&nbsp;15, 2010. The Company is evaluating the impact of adopting this new guidance. </font></p></div> </div> In October 2009, the FASB amended its guidance on revenue recognition regarding multiple-deliverable revenue arrangements. The guidance is effective false false false us-types:textBlockItemType textblock For a new accounting pronouncement that has been issued but not yet adopted, an entity's disclosure should (1) describe the new pronouncement, the date that adoption is required and the date that the entity plans to adopt, if earlier; (2) discuss the methods of adoption allowed by the pronouncement and the method expected to be utilized by the entity, if determined; (3) discuss the impact that adoption of the pronouncement is expected to have on the financial statements of the entity, unless such impact is not known or reasonably estimable (in which case, a statement to that effect should be made) and; (4) disclose the potential impact of other significant matters that the entity believes might result from the adoption of the pronouncement (for example, technical violations of debt covenant agreements and planned or intended changes in business practices.) No authoritative reference available. false 14 3 us-gaap_ForeignCurrencyTransactionsAndTranslationsPolicyTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In May 2010, the FASB issued guidance for foreign currency issues and Venezuela's highly inflationary status. The guidance states that Venezuela's economy should be considered highly inflationary as of January&nbsp;1, 2010 and therefore a U.S. dollar reporting entity must remeasure the financial statements of its Venezuelan subsidiaries as if the subsidiaries' functional reporting currency were the entity's reporting currency (i.e., the U.S. dollar). Any differences between the U.S. dollar denominated balances recorded by the Venezuelan subsidiaries and the amounts reported in the entity's consolidated financial statements must be recognized in earnings or as part of its cumulative translation adjustment. The adoption of the guidance did not have a material impact on the Company's financial statements. </font></p></div> </div> In May 2010, the FASB issued guidance for foreign currency issues and Venezuela's highly inflationary status. The guidance states that Venezuela's economy false false false us-types:textBlockItemType textblock Describes a reporting enterprise's accounting policy for (1) transactions denominated in a currency other than the reporting enterprise's functional currency, (2) translating foreign currency financial statements that are incorporated into the financial statements of the reporting enterprise by consolidation, combination, or the equity method of accounting, and (3) remeasurement of the financial statements of a foreign reporting enterprise in a hyperinflationary economy. 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Goodwill is assessed at least annually for impairment. 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The aggregate gross carrying amount (including any previously recognized impairment charges) of a major finite-lived intangible asset class. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company. 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Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph e(2) Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 43 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 47 -Subparagraph b Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 20 false 26 2 us-gaap_Goodwill us-gaap true debit instant No definition available. false false false false false false false false false false false terselabel false 1 false false false false 0 0 false false false 2 false true false false 700000000 700000000 false false false 3 false true false false 800000000 800000000 false false false 4 false false false false 0 0 false false false 5 false false false false 0 0 false false false xbrli:monetaryItemType monetary Carrying amount as of the balance sheet date, which is the cumulative amount paid, adjusted for any amortization recognized prior to adoption of FAS 142 and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions. 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Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph e(2) Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 43 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 47 -Subparagraph b Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 20 false 1 Primarily foreign exchange. 5 24 false NoRounding UnKnown UnKnown false true XML 42 R33.xml IDEA: Goodwill and Other Intangibles (Tables) 2.2.0.7 false Goodwill and Other Intangibles (Tables) 30903 - Disclosure - Goodwill and Other Intangibles (Tables) true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_ScheduleOfGoodwillTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false label false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="76%"> <tr><td width="82%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill recorded</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>7,636</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">7,365</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Accumulated impairment losses related to discontinued operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(855</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(540</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Balance as of January&nbsp;1, as reported</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>6,781</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6,825</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill acquired</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>288</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">130</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill impairment related to discontinued operation</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(315</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Reclassed to discontinued operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(791</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(845</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other adjustments </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(121</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">56</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Balance at June&nbsp;30</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>6,157</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">5,851</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Primarily foreign exchange. </font></p></td></tr></table> </div> (In millions of dollars) &nbsp;&nbsp; 2010 &nbsp; &nbsp; 2009 &nbsp; Goodwill false false false us-types:textBlockItemType textblock The carrying amount of goodwill, goodwill acquired during the year, goodwill impairment losses recognized, goodwill written off due to the sale of a business unit, goodwill not yet allocated, and any other changes to goodwill during the period in total and for each reportable segment. At least annually, an Entity must evaluate its goodwill for impairment. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph c Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph e Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 47 false 6 3 us-gaap_ScheduleOfFiniteLivedIntangibleAssetsByMajorClassTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false label false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"><tr> <td width="58%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="8" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp;30, 2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="8" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>December&nbsp;31, 2009</b></font></td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Gross</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Cost</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Accumulated</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amortization</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Net</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Carrying</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amount</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Gross</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Cost</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Accumulated<br />Amortization</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Net</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Carrying</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amount</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Amortized intangibles</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>525</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>183</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>342</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">395</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">166</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">229</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> </div> &nbsp;&nbsp; &nbsp;&nbsp; June&nbsp;30, 2010 &nbsp;&nbsp; December&nbsp;31, 2009 (In millions of dollars) false false false us-types:textBlockItemType textblock Disclosure of amortizable intangibles assets, in total and by major class, including the gross carrying amount and accumulated amortization. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph a false 7 3 mmc_ScheduleOfFiniteLivedIntangibleAssetsFutureAmortizationExpenseTextBlock mmc false na duration Schedule Of Finite Lived Intangible Assets Future Amortization Expense [Text Block] false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="68%"><tr> <td width="79%"> </td> <td valign="bottom" width="18%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>For the Years Ending December&nbsp;31,</b></font></p> <p style="border-bottom: #000000 1px solid; margin-top: 0px; width: 122pt; margin-bottom: 1px;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Estimated&nbsp;Expense</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2010 (excludes amortization through June 30, 2010)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">21</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2011</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">42</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2012</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">40</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2013</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">35</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2014</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">28</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Subsequent years</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">176</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">342</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> </div> For the Years Ending December&nbsp;31, (In millions of dollars) &nbsp;&nbsp; Estimated&nbsp;Expense 2010 (excludes amortization through June 30, false false false us-types:textBlockItemType textblock Schedule Of Finite Lived Intangible Assets Future Amortization Expense [Text Block] No authoritative reference available. false 1 3 false UnKnown UnKnown UnKnown false true XML 43 R16.xml IDEA: Goodwill and Other Intangibles 2.2.0.7 false Goodwill and Other Intangibles 10901 - Disclosure - Goodwill and Other Intangibles true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>9. <u>Goodwill and Other Intangibles</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC is required to assess goodwill and any indefinite-lived intangible assets for impairment annually, or more frequently if circumstances indicate impairment may have occurred. MMC performs the annual impairment test for each of its reporting units during the third quarter of each year. Fair values of the reporting units are estimated using a market approach or a discounted cash flow model. Carrying values for the reporting units are based on balances at the prior quarter end and include directly identified assets and liabilities as well as an allocation of those assets and liabilities not recorded at the reporting unit level. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">As previously reported, in the second quarter of 2009, Kroll completed the sale of KGS, its U.S. government security clearance screening business. As a result of the sale, MMC allocated goodwill between KGS (the portion of the reporting unit sold) and Kroll (the portion of the reporting unit retained), based on the relative fair value of the two portions. In addition, MMC evaluated the portion of the reporting unit retained for potential impairment. Fair value was estimated using a market approach, based on management's latest projections and outlook for the businesses in the current environment. This fair value determination was categorized as level 3 in the fair value hierarchy. On the basis of the step one impairment test, MMC concluded that goodwill in the reporting unit was impaired and completed the required step two portion of the impairment assessment. A step two impairment te st, which under ASC Topic No.&nbsp;350 ("Intangibles &ndash; Goodwill and Other") is required to be completed after an impairment is indicated in a step one test, requires a complete re-valuation of all assets and liabilities of the reporting units in the same manner as a business combination. MMC recorded a non-cash charge of $<font class="_mt">315</font> million to write down Kroll's goodwill to its estimated fair value. This charge is included in discontinued operations, which also includes the operating results of Kroll. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other intangible assets that are not deemed to have an indefinite life are amortized over their estimated lives and reviewed for impairment upon the occurrence of certain triggering events in accordance with applicable accounting literature. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Changes in the carrying amount of goodwill are as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="76%"> <tr><td width="82%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill recorded</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>7,636</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">7,365</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Accumulated impairment losses related to discontinued operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(855</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(540</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Balance as of January&nbsp;1, as reported</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>6,781</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6,825</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill acquired</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>288</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">130</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill impairment related to discontinued operation</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(315</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Reclassed to discontinued operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(791</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(845</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other adjustments </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>(121</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">56</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Balance at June&nbsp;30</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>6,157</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">5,851</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2"> </font><font style="font-family: Times New Roman;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font><font style="font-family: Times New Roman;" class="_mt" size="2"> </font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Primarily foreign exchange. </font></p></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The chart above reflects the elimination of goodwill and accumulated goodwill impairment charges in the risk consulting and technology segments, resulting from disposal of Kroll. Goodwill related to Kroll of approximately $<font class="_mt">.7</font> billion and $<font class="_mt">.8</font> billion at June&nbsp;30, 2010 and 2009, respectively, is now included in non-current assets of discontinued operations in the consolidated balance sheets. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Goodwill allocable to MMC's reportable segments is as follows: Risk&nbsp;&amp; Insurance Services, $<font class="_mt">4.2</font> billion and Consulting, $<font class="_mt">2.0</font> billion. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Amortized intangible assets consist of the cost of client lists, client relationships and trade names acquired. The gross cost and accumulated amortization is as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="58%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="8" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp;30, 2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="8" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>December&nbsp;31, 2009</b></font></td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b> </b><b><i>(In millions of dollars)</i></b><b> </b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Gross</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Cost</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Accumulated</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amortization</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Net</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Carrying</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amount</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Gross</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Cost</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Accumulated<br />Amortization</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Net</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Carrying</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amount</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Amortized intangibles</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>525</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>183</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>342</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">395</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">166</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">229</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Aggregate amortization expense for the six months ended June&nbsp;30, 2010 and 2009 was $<font class="_mt">22</font> million and $<font class="_mt">15</font> million, respectively, and the estimated future aggregate amortization expense is as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="68%"> <tr><td width="79%"> </td> <td valign="bottom" width="18%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>For the Years Ending December&nbsp;31,</b></font></p> <p style="border-bottom: #000000 1px solid; margin-top: 0px; width: 122pt; margin-bottom: 1px;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Estimated&nbsp;Expense</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2010 (excludes amortization through June 30, 2010)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">21</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2011</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">42</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2012</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">40</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2013</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">35</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">2014</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">28</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Subsequent years</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">176</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">342</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> </div> 9. Goodwill and Other Intangibles MMC is required to assess goodwill and any indefinite-lived intangible assets for impairment annually, or more frequently if false false false us-types:textBlockItemType textblock Discloses the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subjec t to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain or loss on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each g oodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. This element may be used as a single block of text to include the entire intangible asset disclosure including data and tables. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 42, 43, 44, 45, 46, 47 false 1 1 false UnKnown UnKnown UnKnown false true XML 44 R28.xml IDEA: Per Share Data (Tables) 2.2.0.7 false Per Share Data (Tables) 30403 - Disclosure - Per Share Data (Tables) true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 mmc_ScheduleOfEarningsPerShareBasicByCommonClassContinuingOperationsTextBlock mmc false na duration This element may be used to capture the complete disclosure pertaining to an entity's basic earnings per share from... false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Basic EPS Calculation</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><i>Continuing Operations</i></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended </font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions, except per share figures)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) from continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$(29</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$157</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$245</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$329</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Non-controlling interests</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>10</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) from continuing operations attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$(35</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$154</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$235</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$321</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Portion attributable to participating securities</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(1</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">5</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">10</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) attributable to common shares for basic earnings per share</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$(34</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$149</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$231</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$311</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Basic weighted average common shares outstanding</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>537</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> </div> Basic EPS Calculation Continuing Operations &nbsp;&nbsp; Three&nbsp;Months&nbsp;Ended false false false us-types:textBlockItemType textblock This element may be used to capture the complete disclosure pertaining to an entity's basic earnings per share from continuing operations. No authoritative reference available. false 6 3 mmc_ScheduleOfEarningsPerShareBasicByCommonClassNetIncomeTextBlock mmc false na duration This element may be used to capture the complete disclosure pertaining to an entity's basic earnings per share from net... false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Basic EPS Calculation</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><i>Net Income</i></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended </font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions, except per share figures)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$236</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$(193</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$484</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$(17</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Portion attributable to participating securities</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(4</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>8</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) attributable to common shares for basic earnings per share</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$233</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$(189</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$476</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$(17</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Basic weighted average common shares outstanding</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>537</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> </div> Basic EPS Calculation Net Income &nbsp;&nbsp; Three&nbsp;Months&nbsp;Ended June&nbsp;30, &nbsp; &nbsp; Six&nbsp;Months&nbsp;Ended June&nbsp;30, &nbsp; (In false false false us-types:textBlockItemType textblock This element may be used to capture the complete disclosure pertaining to an entity's basic earnings per share from net income. No authoritative reference available. false 7 3 mmc_ScheduleOfEarningsPerShareDilutedByCommonClassContinuingOperationsTextBlock mmc false na duration This element may be used to capture the complete disclosure pertaining to an entity's diluted earnings per share from... false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="72%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Diluted EPS Calculation</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><i>Continuing Operations</i></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended </font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions, except per share figures)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) from continuing operations</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;&nbsp;(29</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;157</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;245</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;329</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Non-controlling interests</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">3</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>10</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">8</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) from continuing operations attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;&nbsp;(35</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;154</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;235</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;321</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Portion attributable to participating securities </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(1)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">5</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">10</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Income (loss) attributable to common shares for diluted earnings per share</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;&nbsp;(35</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;149</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;231</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;311</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Basic weighted average common shares outstanding</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>537</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Dilutive effect of potentially issuable common shares</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&#8212;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Diluted weighted average common shares outstanding</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">523</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Average stock price used to calculate common stock equivalents</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$23.16</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$20.12</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$23.00</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$20.23</font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(1)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">For the three months ended June&nbsp;30, 2010 earnings per share was more dilutive under the treasury stock method. Therefore, no amounts are allocated to participating securities in this period.</font></p></td></tr></table> </div> Diluted EPS Calculation Continuing Operations &nbsp;&nbsp; Three&nbsp;Months&nbsp;Ended false false false us-types:textBlockItemType textblock This element may be used to capture the complete disclosure pertaining to an entity's diluted earnings per share from continuing operations. No authoritative reference available. false 8 3 mmc_ScheduleOfEarningsPerShareDilutedByCommonClassNetIncomeTextBlock mmc false na duration This element may be used to capture the complete disclosure pertaining to an entity's diluted earnings per share from net... false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="72%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Diluted EPS Calculation</b></font></p> <p style="margin-top: 0px; margin-bottom: 1px;"><font style="font-family: ARIAL;" class="_mt" size="2"><i>Net Income</i></font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended </font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="3" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions, except per share figures)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) attributable to MMC</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;236</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;(193</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;484</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;(17</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Portion attributable to participating securities </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(2)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>3</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>8</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) attributable to common shares for diluted earnings per share</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;233</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;(193</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;&nbsp;476</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;&nbsp;&nbsp;&nbsp;(17</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Basic weighted average common shares outstanding</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>537</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Dilutive effect of potentially issuable common shares</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>4</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">&#8212;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Diluted weighted average common shares outstanding</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>545</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">522</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>541</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">519</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Average stock price used to calculate common stock equivalents</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$23.16</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$20.12</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$23.00</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$20.23</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> <p style="margin-top: 0px; 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Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America, have been omitted pursuant to such rules and regulations for interim filings, although MMC believes that the information and disclosures presented are adequate to make such information and disclosure not misleading. These consolidated financial statements should be read in conjunction with the consolidated financial statements and the notes thereto included in MMC's Annual Report on Form 10-K for the year ended December&nbsp;31, 2009 (the "2009 10-K").</font></p></div> <p style="margin-top: 18px; margin-bottom: 0px;"> </p><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2">The financial information contained herein reflects all adjustments consisting only of normal recurring adjustments which are, in the opinion of management, necessary for a fair presentation of MMC's results of operations for the six-month periods ended June&nbsp;30, 2010 and 2009. </font></font></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC reported a net income tax benefit of $<font class="_mt">60</font> million in continuing operations in the second quarter of 2010 on a pretax loss of $<font class="_mt">89</font>&nbsp;million, an effective tax rate of <font class="_mt">67.4</font>%. The high tax benefit rate primarily reflects the combination of the tax benefit related to the Alaska settlement, determined at U.S. tax rates, with other pretax income that is subject to lower average effective tax rates applicable worldwide. Excluding the impact of the Alaska settlement, the effective tax rate for the quarter was <font class="_mt">32.3</font>%. The <font class="_mt">14.9</font>% effective tax rate for the first six months of 2010 also primarily reflects the benefit associated with the Alaska settlement. Excluding the effect of the settlement, the effectiv e tax rate for the first six months was <font class="_mt">29.5</font>%. The increase in effective tax rates compared to 2009, excluding the Alaska settlement, primarily reflects a change in the worldwide mix of earnings. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC's <font class="_mt">21.9</font>% effective tax rate in the second quarter of 2009 primarily reflects a favorable adjustment from reducing the forecasted, full-year effective tax rate compared with the estimate as of the first quarter. The effective tax rate for the first six months of 2009 was <font class="_mt">27.4</font>%. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The caption "Investment income (loss)" in the consolidated statements of income comprises realized and unrealized gains and losses from investments recognized in current earnings. It includes, when applicable, other than temporary declines in the value of available for sale securities and the change in value of MMC's holdings in certain private equity funds. MMC's investments may include direct investments in insurance or consulting companies and investments in private equity funds. Equity method gains (losses) of $<font class="_mt">18</font> million and $<font class="_mt">(33)</font> million are included in this line for the three month periods ended June&nbsp;30, in 2010 and 2009, respectively. Equity method gains (losses) of $<font class="_mt">17</font> million and $<font class="_mt">(51)</font> million are included in this line f or the six month periods ended June&nbsp;30, 2010 and 2009. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC has an investment in Trident II limited partnership, a private equity investment fund. At June&nbsp;30, 2010, MMC's investment in Trident II was approximately $<font class="_mt">151</font> million, reflected in the other assets in consolidated balance sheet. MMC's maximum exposure to loss is equal to its investment plus any calls on its remaining capital commitment of $<font class="_mt">81</font> million. Since this fund is closed to new investments, none of the remaining capital commitment is expected to be called. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The Company reports a liability for unrecognized tax benefits resulting from uncertain tax positions taken or expected to be taken in the tax return. 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Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 01-6 -Paragraph 14 -Subparagraph l false 11 3 mmc_IssuanceOfSharesUnderStockCompensationPlansAndEmployeeStockPurchasePlansAndRelatedTaxDeficiency mmc false credit duration IssuanceOfSharesUnderStockCompensationPlansAndEmployeeStockPurchasePlansAndRelatedTaxDeficiency false false false false false false false false false false false label false 1 false false false false 0 0 true false false 2 false true false false 1000000 1 true false false 3 false false false false 0 0 true false false 4 false false false false 0 0 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false true false false 1000000 1 false false false xbrli:monetaryItemType monetary IssuanceOfSharesUnderStockCompensationPlansAndEmployeeStockPurchasePlansAndRelatedTaxDeficiency No authoritative reference available. false 12 3 us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation us-gaap true credit duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 true false false 2 false false false false 0 0 true false false 3 false false false false 0 0 true false false 4 false false false false 0 0 true false false 5 false true false false 88000000 88 true false false 6 false false false false 0 0 true false false 7 false true false false 88000000 88 false false false xbrli:monetaryItemType monetary Value of stock issued during the period as a result of any share-based compensation plan other than an employee stock ownership plan (ESOP). Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 12 -Paragraph 10 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph 64 false 13 3 us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax us-gaap true credit duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 true false false 2 false false false false 0 0 true false false 3 false false false false 0 0 true false false 4 false true false false -1000000 -1 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false true false false -1000000 -1 false false false xbrli:monetaryItemType monetary Appreciation or loss in value (before reclassification adjustment) of the total of unsold securities during the period being reported on, net of tax. Reclassification adjustments include: (1) the unrealized holding gain or loss, net of tax, at the date of the transfer for a debt security from the held-to-maturity category transferred into the available-for-sale category. Also includes the unrealized gain or loss at the date of transfer for a debt security from the available-for-sale category transferred into the held-to-maturity category; (2) the unrealized gains or losses realized upon the sale of securities, after tax; and (3) the unrealized gains or losses realized upon the write-down of securities, after tax. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 130 -Paragraph 17, 22 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 115 -Paragraph 13 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph c(3) Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 130 -Paragraph 24 -Subparagraph b false 14 3 us-gaap_DividendsCommonStock us-gaap true debit duration No definition available. false false false false false false false false false false true negated false 1 false false false false 0 0 true false false 2 false false false false 0 0 true false false 3 false true false false -312000000 -312 true false false 4 false false false false 0 0 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false true false false -312000000 -312 false false false xbrli:monetaryItemType monetary Aggregate cash, stock, and paid-in-kind dividends declared for common shareholders during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 false 15 3 us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease us-gaap true na duration No definition available. false false false false false false false false false false false verboselabel false 1 false false false false 0 0 true false false 2 false false false false 0 0 true false false 3 false false false false 0 0 true false false 4 false true false false -129000000 -129 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false true false false -129000000 -129 false false false xbrli:monetaryItemType monetary Net changes to accumulated comprehensive income during the period related to benefit plans, after tax. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 158 -Paragraph 7 -Subparagraph c Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph c(3) Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 130 -Paragraph 14, 17, 22, 26 false 16 3 us-gaap_MinorityInterestDecreaseFromRedemptions us-gaap true debit duration No definition available. false false false false false false false false false false false label false 1 false false false false 0 0 true false false 2 false true false false -38000000 -38 true false false 3 false false false false 0 0 true false false 4 false false false false 0 0 true false false 5 false false false false 0 0 true false false 6 false true false false -7000000 -7 true false false 7 false true false false -7000000 -7 false false false xbrli:monetaryItemType monetary Decrease in noncontrolling interest as a result of redeeming or purchasing the interests of noncontrolling shareholders. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph c(2) false 17 3 us-gaap_StockholdersEquityOther us-gaap true debit duration No definition available. false false false false false false false false false false true negated false 1 false false false false 0 0 true false false 2 false false false false 0 0 true false false 3 false false false false 0 0 true false false 4 false false false false 0 0 true false false 5 false false false false 0 0 true false false 6 false true false false -6000000 -6 true false false 7 false true false false -6000000 -6 false false false xbrli:monetaryItemType monetary This element represents movements included in the statement of changes in stockholders' equity which are not separately disclosed or provided for elsewhere in the taxonomy. No authoritative reference available. false 18 3 us-gaap_StockIssuedDuringPeriodValueAcquisitions us-gaap true credit duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 true false false 2 false true false false -35000000 -35 true false false 3 false false false false 0 0 true false false 4 false false false false 0 0 true false false 5 false true false false 143000000 143 true false false 6 false false false false 0 0 true false false 7 false true false false 108000000 108 false false false xbrli:monetaryItemType monetary Value of stock issued pursuant to acquisitions during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 12 -Paragraph 10 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 false 20 3 us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest us-gaap true credit duration No definition available. false false false false false false false false false false false verboselabel false 1 false false false false 0 0 true false false 2 false false false false 0 0 true false false 3 false false false false 0 0 true false false 4 false true false false 165000000 165 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false true false false 165000000 165 false false false xbrli:monetaryItemType monetary The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the economic entity, including both controlling (parent) and noncontrolling interests. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, including any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph A5 -Appendix A Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 29 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph a false 19 3 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest us-gaap true credit instant No definition available. false false false true false false false false false true false periodendlabel instant 2009-06-30T00:00:00 0001-01-01T00:00:00 false 1 false true false false 561000000 561 true false false 2 false true false false 1182000000 1182 true false false 3 false true false false 6900000000 6900 true false false 4 false true false false -1924000000 -1924 true false false 5 false true false false -992000000 -992 true false false 6 false true false false 33000000 33 true false false 7 false true false false 5760000000 5760 false false false xbrli:monetaryItemType monetary Total of Stockholders' Equity (deficit) items, net of receivables from officers, directors owners, and affiliates of the entity including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest), if any. The entity including portions attributable to the parent and noncontrolling interests is sometimes referred to as the economic entity. This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 25 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 26 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph A3 -Appendix A false 5 3 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest us-gaap true credit instant No definition available. false false false true false false false false true false false periodstartlabel instant 2010-01-01T00:00:00 0001-01-01T00:00:00 false 1 false true false false 561000000 561 true false false 2 false true false false 1211000000 1211 true false false 3 false true false false 7033000000 7033 true false false 4 false true false false -2171000000 -2171 true false false 5 false true false false -806000000 -806 true false false 6 false true false false 35000000 35 true false false 7 false true false false 5863000000 5863 false false false xbrli:monetaryItemType monetary Total of Stockholders' Equity (deficit) items, net of receivables from officers, directors owners, and affiliates of the entity including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest), if any. The entity including portions attributable to the parent and noncontrolling interests is sometimes referred to as the economic entity. This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 25 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 26 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph A3 -Appendix A false 6 3 us-gaap_NetIncomeLoss us-gaap true credit duration No definition available. false false false false false false false false false false false label false 1 false false false false 0 0 true false false 2 false false false false 0 0 true false false 3 false true false false 484000000 484 true false false 4 false false false false 0 0 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false true false false 484000000 484 false false false xbrli:monetaryItemType monetary The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 19 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph d Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph A7 -Appendix A Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph a Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph 20 -Article 9 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 130 -Paragraph 10, 15 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Emerging Issues Task Force (EITF) -Number 87-21 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 28, 29, 30 false 7 3 us-gaap_NetIncomeLossAttributableToNoncontrollingInterest us-gaap true debit duration No definition available. false false false false false false false false false false false verboselabel false 1 false false false false 0 0 true false false 2 false false false false 0 0 true false false 3 false false false false 0 0 true false false 4 false false false false 0 0 true false false 5 false false false false 0 0 true false false 6 false true false false 10000000 10 true false false 7 false true false false 10000000 10 false false false xbrli:monetaryItemType monetary The portion of net income (loss) attributable to the noncontrolling interest (if any) deducted in order to derive the portion attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph a Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph c(1) Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph A1, A4, A5 false 8 3 us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue us-gaap true credit duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 true false false 2 false true false false -33000000 -33 true false false 3 false false false false 0 0 true false false 4 false false false false 0 0 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false true false false -33000000 -33 false false false xbrli:monetaryItemType monetary This element represents the amount of recognized share-based compensation during the period, that is, the amount recognized as expense in the income statement (or as asset if compensation is capitalized). Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph 39 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph 64 -Subparagraph b Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph A91 false 9 3 us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 true false false 2 false false false false 0 0 true false false 3 false false false false 0 0 true false false 4 false true false false -360000000 -360 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false true false false -360000000 -360 false false false xbrli:monetaryItemType monetary Adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into functional currency of the reporting entity, net of tax. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 52 -Paragraph 13, 20, 31 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph c(3) Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 130 -Paragraph 24 -Subparagraph b Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 130 -Paragraph 14, 17, 19, 26 false 10 3 us-gaap_DividendsCash us-gaap true debit duration No definition available. false false false false false false false false false false true negated false 1 false false false false 0 0 true false false 2 false false false false 0 0 true false false 3 false true false false -8000000 -8 true false false 4 false false false false 0 0 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false true false false -8000000 -8 false false false xbrli:monetaryItemType monetary Cash dividends declared by an entity during the period for all classes of stock (common, preferred). This element includes paid and unpaid dividends declared during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 01-6 -Paragraph 14 -Subparagraph l false 11 3 mmc_IssuanceOfSharesUnderStockCompensationPlansAndEmployeeStockPurchasePlansAndRelatedTaxDeficiency mmc false credit duration IssuanceOfSharesUnderStockCompensationPlansAndEmployeeStockPurchasePlansAndRelatedTaxDeficiency false false false false false false false false false false false label false 1 false false false false 0 0 true false false 2 false true false false -14000000 -14 true false false 3 false false false false 0 0 true false false 4 false false false false 0 0 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false true false false -14000000 -14 false false false xbrli:monetaryItemType monetary IssuanceOfSharesUnderStockCompensationPlansAndEmployeeStockPurchasePlansAndRelatedTaxDeficiency No authoritative reference available. false 12 3 us-gaap_StockIssuedDuringPeriodValueShareBasedCompensation us-gaap true credit duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 true false false 2 false false false false 0 0 true false false 3 false false false false 0 0 true false false 4 false false false false 0 0 true false false 5 false true false false 123000000 123 true false false 6 false false false false 0 0 true false false 7 false true false false 123000000 123 false false false xbrli:monetaryItemType monetary Value of stock issued during the period as a result of any share-based compensation plan other than an employee stock ownership plan (ESOP). Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 12 -Paragraph 10 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph 64 false 13 3 us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax us-gaap true credit duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 true false false 2 false false false false 0 0 true false false 3 false false false false 0 0 true false false 4 false true false false -10000000 -10 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false true false false -10000000 -10 false false false xbrli:monetaryItemType monetary Appreciation or loss in value (before reclassification adjustment) of the total of unsold securities during the period being reported on, net of tax. Reclassification adjustments include: (1) the unrealized holding gain or loss, net of tax, at the date of the transfer for a debt security from the held-to-maturity category transferred into the available-for-sale category. Also includes the unrealized gain or loss at the date of transfer for a debt security from the available-for-sale category transferred into the held-to-maturity category; (2) the unrealized gains or losses realized upon the sale of securities, after tax; and (3) the unrealized gains or losses realized upon the write-down of securities, after tax. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 130 -Paragraph 17, 22 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 115 -Paragraph 13 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph c(3) Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 130 -Paragraph 24 -Subparagraph b false 14 3 us-gaap_DividendsCommonStock us-gaap true debit duration No definition available. false false false false false false false false false false true negated false 1 false false false false 0 0 true false false 2 false false false false 0 0 true false false 3 false true false false -322000000 -322 true false false 4 false false false false 0 0 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false true false false -322000000 -322 false false false xbrli:monetaryItemType monetary Aggregate cash, stock, and paid-in-kind dividends declared for common shareholders during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 false 15 3 us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease us-gaap true na duration No definition available. false false false false false false false false false false false verboselabel false 1 false false false false 0 0 true false false 2 false false false false 0 0 true false false 3 false false false false 0 0 true false false 4 false true false false 135000000 135 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false true false false 135000000 135 false false false xbrli:monetaryItemType monetary Net changes to accumulated comprehensive income during the period related to benefit plans, after tax. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 158 -Paragraph 7 -Subparagraph c Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph c(3) Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 130 -Paragraph 14, 17, 22, 26 false 16 3 us-gaap_MinorityInterestDecreaseFromRedemptions us-gaap true debit duration No definition available. false false false false false false false false false false false label false 1 false false false false 0 0 true false false 2 false false false false 0 0 &nbsp; true false false 3 false false false false 0 0 true false false 4 false false false false 0 0 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false false false false 0 0 false false false xbrli:monetaryItemType monetary Decrease in noncontrolling interest as a result of redeeming or purchasing the interests of noncontrolling shareholders. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph c(2) false 17 3 us-gaap_StockholdersEquityOther us-gaap true debit duration No definition available. false false false false false false false false false false true negated false 1 false false false false 0 0 true false false 2 false false false false 0 0 true false false 3 false false false false 0 0 true false false 4 false false false false 0 0 true false false 5 false false false false 0 0 true false false 6 false true false false -2000000 -2 true false false 7 false true false false -2000000 -2 false false false xbrli:monetaryItemType monetary This element represents movements included in the statement of changes in stockholders' equity which are not separately disclosed or provided for elsewhere in the taxonomy. No authoritative reference available. false 18 3 us-gaap_StockIssuedDuringPeriodValueAcquisitions us-gaap true credit duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 true false false 2 false true false false -15000000 -15 true false false 3 false false false false 0 0 true false false 4 false false false false 0 0 true false false 5 false true false false 192000000 192 true false false 6 false false false false 0 0 true false false 7 false true false false 178000000 178 false false false xbrli:monetaryItemType monetary Value of stock issued pursuant to acquisitions during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 12 -Paragraph 10 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29, 30, 31 -Article 5 false 20 3 us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest us-gaap true credit duration No definition available. false false false false false false false false false false false verboselabel false 1 false false false false 0 0 true false false 2 false false false false 0 0 true false false 3 false false false false 0 0 true false false 4 false true false false 259000000 259 true false false 5 false false false false 0 0 true false false 6 false false false false 0 0 true false false 7 false true false false 259000000 259 false false false xbrli:monetaryItemType monetary The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the economic entity, including both controlling (parent) and noncontrolling interests. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, including any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph A5 -Appendix A Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 29 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph a false 19 3 us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest us-gaap true credit instant No definition available. false false false true false false false false false true false periodendlabel instant 2010-06-30T00:00:00 0001-01-01T00:00:00 false 1 true true false false 561000000 561 true false false 2 true true false false 1149000000 1149 true false false 3 true true false false 7187000000 7187 true false false 4 true true false false -2406000000 -2406 true false false 5 true true false false -491000000 -491 true false false 6 true true false false 43000000 43 true false false 7 true true false false 6043000000 6043 false false false xbrli:monetaryItemType monetary Total of Stockholders' Equity (deficit) items, net of receivables from officers, directors owners, and affiliates of the entity including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest), if any. The entity including portions attributable to the parent and noncontrolling interests is sometimes referred to as the economic entity. This excludes temporary equity and is sometimes called permanent equity. 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Operating activities include all transactions and events that are not defined as investing or financing activities. Operating activities generally involve producing and delivering goods and providing services. Cash flows from operating activities are generally the cash effects of transactions and other events that enter into the determination of net income. false 6 4 us-gaap_ProfitLoss us-gaap true credit duration No definition available. false false false false false false false false false false false label false 1 true true false false 494000000 494 false false false 2 true true false false -9000000 -9 false false false xbrli:monetaryItemType monetary The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph A1, A4, A5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 5 -Subparagraph b Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 29 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph a Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph c(1) false 7 4 us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract us-gaap true na duration No definition available. false false false false false true false false false false false false 1 false false false false 0 0 false false false 2 false false false false 0 0 false false false xbrli:stringItemType string No definition available. false 8 5 us-gaap_GoodwillImpairmentLoss us-gaap true debit duration No definition available. false false false false false false false false false false false terselabel false 1 false false false false 0 0 false false false 2 false true false false 315000000 315 false false false xbrli:monetaryItemType monetary Loss recognized during the period that results from the write-down of goodwill after comparing the implied fair value of reporting unit goodwill with the carrying amount of that goodwill. Goodwill is assessed at least annually for impairment. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph e(2) Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 43 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 47 -Subparagraph b Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 20 false 9 5 us-gaap_Depreciation us-gaap true debit duration No definition available. false false false false false false false false false false false false 1 false true false false 154000000 154 false false false 2 false true false false 151000000 151 false false false xbrli:monetaryItemType monetary The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 28 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 12 -Paragraph 5 false 10 5 us-gaap_AmortizationOfIntangibleAssets us-gaap true debit duration No definition available. false false false false false false false false false false false false 1 false true false false 36000000 36 false false false 2 false true false false 32000000 32 false false false xbrli:monetaryItemType monetary The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by (used in) operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 45 -Subparagraph a(2) false 11 5 us-gaap_DeferredIncomeTaxExpenseBenefit us-gaap true debit duration No definition available. false false false false false false false false false false false false 1 false true false false 22000000 22 false false false 2 false true false false 16000000 16 false false false xbrli:monetaryItemType monetary The component of income tax expense for the period representing the net change in the entity's deferred tax assets and liabilities pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section I -Subsection 7 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 109 -Paragraph 45 -Subparagraph b Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 28 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 109 -Paragraph 289 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph h -Article 4 false 12 5 us-gaap_GainLossOnInvestments us-gaap true credit duration No definition available. false false false false false false false false false false true negated false 1 false true false false -25000000 -25 false false false 2 false true false false 50000000 50 false false false xbrli:monetaryItemType monetary This item represents the net total realized and unrealized gain (loss) included in earnings for the period as a result of selling or holding marketable securities categorized as trading, available-for-sale, or held-to-maturity, including the unrealized holding gain or loss of held-to-maturity securities transferred to the trading security category and the cumulative unrealized gain or loss which was included in other comprehensive income (a separate component of shareholders' equity) for available-for-sale securities transferred to trading securities during the period. Additionally, this item would include any gains or losses realized during the period from the sale of investments accounted for under the cost method of accounting and losses recognized for other than temporary impairments of the subject investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 28 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 7 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 115 -Paragraph 13, 22 false 13 5 us-gaap_GainLossOnSaleOfOtherAssets us-gaap true credit duration No definition available. false false false false false false false false false false true negated false 1 false true false false 30000000 30 false false false 2 false true false false 39000000 39 false false false xbrli:monetaryItemType monetary The difference between the sale price or salvage price and the book value of an asset that was sold or retired during the reporting period. This element refers to the gain (loss) and not to the cash proceeds of the sale. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method. There is also a more specific element for realized gain (loss) on the sale of property, plant, and equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 28 false 14 5 us-gaap_StockOptionPlanExpense us-gaap true debit duration No definition available. false false false false false false false false false false false terselabel false 1 false true false false 11000000 11 false false false 2 false true false false 4000000 4 false false false xbrli:monetaryItemType monetary The noncash expense that accounts for the value of stock options distributed to employees as compensation. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph 64 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 123R -Paragraph A240 -Subparagraph i false 15 4 us-gaap_IncreaseDecreaseInOperatingCapitalAbstract us-gaap true na duration No definition available. false false false false false true false false false false false false 1 false false false false 0 0 false false false 2 false false false false 0 0 false false false xbrli:stringItemType string No definition available. false 16 5 us-gaap_IncreaseDecreaseInReceivables us-gaap true credit duration No definition available. false false false false false false false false false false true negated false 1 false true false false -425000000 -425 false false false 2 false true false false -98000000 -98 false false false xbrli:monetaryItemType monetary The net change during the reporting period in the total amount due within one year (or one operating cycle) from all parties, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 28 false 17 5 mmc_IncreaseDecreaseOtherCurrentAssets mmc false credit duration The net change in the beginning and end of period Other Current Assets balances. false false false false false false false false false false true negated false 1 false true false false -7000000 -7 false false false 2 false false false false 0 0 false false false xbrli:monetaryItemType monetary The net change in the beginning and end of period Other Current Assets balances. No authoritative reference available. false 18 5 us-gaap_IncreaseDecreaseInOtherOperatingAssets us-gaap true credit duration No definition available. false false false false false false false false false false true negated false 1 false true false false -93000000 -93 false false false 2 false true false false -227000000 -227 false false false xbrli:monetaryItemType monetary The net change during the reporting period in other operating assets not otherwise defined in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 28 false 19 5 us-gaap_IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities us-gaap true debit duration No definition available. false false false false false false false false false false false verboselabel false 1 false true false false 463000000 463 false false false 2 false true false false 15000000 15 false false false xbrli:monetaryItemType monetary The net change during the reporting period in other obligations or expenses incurred but not yet paid. This element may be used when there is no other more specific or appropriate element. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 28 false 20 5 us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities us-gaap true debit duration No definition available. false false false false false false false false false false false verboselabel false 1 false true false false -480000000 -480 false false false 2 false true false false -404000000 -404 false false false xbrli:monetaryItemType monetary The net change during the reporting period in the aggregate amount of pension, postretirement, workers' compensation, and other similar obligations and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 28 false 21 5 us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable us-gaap true debit duration No definition available. false false false false false false false false false false false verboselabel false 1 false true false false -38000000 -38 false false false 2 false true false false -70000000 -70 false false false xbrli:monetaryItemType monetary The net change during the period in the amount of cash payments due to taxing authorities for taxes that are based on the reporting entity's earnings. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 28 false 22 5 us-gaap_IncreaseDecreaseInOtherOperatingLiabilities us-gaap true debit duration No definition available. false false false false false false false false false false false verboselabel false 1 false true false false 44000000 44 false false false 2 false true false false 40000000 40 false false false xbrli:monetaryItemType monetary The net change during the reporting period in other operating obligations not otherwise defined in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 28 false 23 5 mmc_EffectExchangeRateOperatingCashFlows mmc false credit duration The effect of exchange rate changes on operating cash flows. false false false false false false false false false false true negated false 1 false true false false 86000000 86 false false false 2 false true false false -90000000 -90 false false false xbrli:monetaryItemType monetary The effect of exchange rate changes on operating cash flows. No authoritative reference available. false 24 4 us-gaap_NetCashProvidedByUsedInOperatingActivities us-gaap true na duration No definition available. false false false false false false false false false false false totallabel false 1 false true false false 272000000 272 false false false 2 false true false false -236000000 -236 false false false xbrli:monetaryItemType monetary The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 28 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 26 true 25 3 us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract us-gaap true na duration No definition available. false false false false false true false false false false false false 1 false false false false 0 0 false false false 2 false false false false 0 0 false false false xbrli:stringItemType string No definition available. false 26 4 us-gaap_ProceedsFromIssuanceOfLongTermDebt us-gaap true debit duration No definition available. false false false false false false false false false false false label false 1 false false false false 0 0 false false false 2 false true false false 398000000 398 false false false xbrli:monetaryItemType monetary The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 18 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 19 -Subparagraph b false 27 4 us-gaap_RepaymentsOfLongTermDebt us-gaap true credit duration No definition available. false false false false false false false false false false true negated false 1 false true false false -4000000 -4 false false false 2 false true false false -404000000 -404 false false false xbrli:monetaryItemType monetary The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 18 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 20 -Subparagraph b false 28 4 us-gaap_PaymentsToMinorityShareholders us-gaap true credit duration No definition available. false false false false false false false false false false true negated false 1 false true false false -15000000 -15 false false false 2 false true false false -24000000 -24 false false false xbrli:monetaryItemType monetary The cash outflow to return capital to noncontrolled interest, which generally occurs when noncontrolling shareholders reduce their ownership stake (in a subsidiary of the entity). This element does not include dividends paid to noncontrolling shareholders. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 18 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 20 -Subparagraph a false 29 4 us-gaap_PaymentsForRepurchaseOfCommonStock us-gaap true credit duration No definition available. false false false false false false false false false false true negated false 1 false true false false -43000000 -43 false false false 2 false true false false -21000000 -21 false false false xbrli:monetaryItemType monetary The cash outflow to reacquire common stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 18 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 20 -Subparagraph a false 30 4 us-gaap_ProceedsFromIssuanceOrSaleOfEquity us-gaap true debit duration No definition available. false false false false false false false false false false false label false 1 false true false false 18000000 18 false false false 2 false true false false 20000000 20 false false false xbrli:monetaryItemType monetary The cash inflow from the issuance of common, preferred, and treasury stocks, stock options, and such forth. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 18 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 19 -Subparagraph a false 31 4 us-gaap_PaymentsOfDividendsCommonStock us-gaap true credit duration No definition available. false false false false false false false false false false true negated false 1 false true false false -221000000 -221 false false false 2 false true false false -207000000 -207 false false false xbrli:monetaryItemType monetary The cash outflow from the distribution of an entity's earnings in the form of dividends to common shareholders. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 18 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 20 -Subparagraph a false 32 4 us-gaap_NetCashProvidedByUsedInFinancingActivities us-gaap true debit duration No definition available. false false false false false false false false false false false totallabel false 1 false true false false -265000000 -265 false false false 2 false true false false -238000000 -238 false false false xbrli:monetaryItemType monetary The net cash inflow (outflow) from financing activity for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 26 true 33 3 us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract us-gaap true na duration No definition available. false false false false false true false false false false false false 1 false false false false 0 0 false false false 2 false false false false 0 0 false false false xbrli:stringItemType string No definition available. false 34 4 us-gaap_PaymentsToAcquirePropertyPlantAndEquipment us-gaap true credit duration No definition available. false false false false false false false false false false true negated false 1 false true false false -143000000 -143 false false false 2 false true false false -143000000 -143 false false false xbrli:monetaryItemType monetary The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 15 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 17 -Subparagraph c false 35 4 us-gaap_PaymentsForProceedsFromInvestments us-gaap true credit duration No definition available. false false false false false false false false false false true negated false 1 false true false false 57000000 57 false false false 2 false true false false 8000000 8 false false false xbrli:monetaryItemType monetary The net cash inflow (outflow) associated with the acquisition or disposal of all investment such as debt, security and so forth during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 15 false 36 4 us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment us-gaap true debit duration No definition available. false false false false false false false false false false false false 1 false true false false 8000000 8 false false false 2 false true false false 4000000 4 false false false xbrli:monetaryItemType monetary The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 15 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 16 -Subparagraph c false 37 4 us-gaap_ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates us-gaap true debit duration No definition available. false false false false false false false false false false false terselabel false 1 false true false false 119000000 119 false false false 2 false true false false 70000000 70 false false false xbrli:monetaryItemType monetary The cash inflow associated with the amount received from the sale of a business segment or subsidiary or sale of an entity that is related to it but not strictly controlled during the period (for example, an unconsolidated subsidiary, affiliate, joint venture or equity method investment). Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 15, 16 false 38 4 us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired us-gaap true credit duration No definition available. false false false false false false false false false false true negated false 1 false true false false -198000000 -198 false false false 2 false true false false -6000000 -6 false false false xbrli:monetaryItemType monetary The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 15, 17 false 39 4 us-gaap_PaymentsForProceedsFromOtherInvestingActivities us-gaap true credit duration No definition available. false false false false false false false false false false true negated false 1 false true false false 4000000 4 false false false 2 false true false false 7000000 7 false false false xbrli:monetaryItemType monetary The net cash outflow (inflow) from other investing activities. This element is used when there is not a more specific and appropriate element in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 15 false 40 4 us-gaap_NetCashProvidedByUsedInInvestingActivities us-gaap true debit duration No definition available. false false false false false false false false false false false totallabel false 1 false true false false -153000000 -153 false false false 2 false true false false -60000000 -60 false false false xbrli:monetaryItemType monetary The net cash inflow (outflow) from investing activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 26 true 41 3 us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents us-gaap true debit duration No definition available. false false false false false false false false false false false false 1 false true false false -121000000 -121 false false false 2 false true false false 140000000 140 false false false xbrli:monetaryItemType monetary The effect of exchange rate changes on cash balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 25 false 42 3 us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease us-gaap true na duration No definition available. false false false false false false false false false false false totallabel false 1 false true false false -267000000 -267 false false false 2 false true false false -394000000 -394 false false false xbrli:monetaryItemType monetary The net change between the beginning and ending balance of cash and cash equivalents. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 26 true 43 3 us-gaap_CashAndCashEquivalentsAtCarryingValue us-gaap true debit instant No definition available. false false false false false false false false true false false periodstartlabel false 1 false true false false 1777000000 1777 false false false 2 false true false false 1685000000 1685 false false false xbrli:monetaryItemType monetary Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased th ree years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits should not be reported as cash and cash equivalents. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 7, 26 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 8, 9 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 7 -Footnote 1 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 1 -Article 5 false 44 3 us-gaap_CashAndCashEquivalentsAtCarryingValue us-gaap true debit instant No definition available. false false false false false false false false false true false periodendlabel false 1 false true false false 1510000000 1510 false false false 2 false true false false 1291000000 1291 false false false xbrli:monetaryItemType monetary Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased th ree years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits should not be reported as cash and cash equivalents. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 7, 26 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 8, 9 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 95 -Paragraph 7 -Footnote 1 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 1 -Article 5 false 45 3 mmc_CashAndCashEquivalentsReportedAsDiscontinuedOperations mmc false credit instant Cash and cash equivalents - reported as discontinued operations false false false false false false false false false false false label false 1 false true false false 35000000 35 false false false 2 false true false false 66000000 66 false false false xbrli:monetaryItemType monetary Cash and cash equivalents - reported as discontinued operations No authoritative reference available. false 46 3 mmc_CashAndCashEquivalentsContinuingOperations mmc false debit instant Cash and cash equivalents - continuing operations false false false false false false false false false false false label false 1 true true false false 1475000000 1475 false false false 2 true true false false 1225000000 1225 false false false xbrli:monetaryItemType monetary Cash and cash equivalents - continuing operations No authoritative reference available. false 2 42 false Millions UnKnown UnKnown false true XML 49 R23.xml IDEA: Claims, Lawsuits and Other Contingencies 2.2.0.7 false Claims, Lawsuits and Other Contingencies 11601 - Disclosure - Claims, Lawsuits and Other Contingencies true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_ScheduleOfLossContingenciesByContingencyTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>16.&nbsp;&nbsp;&nbsp;&nbsp;<u>Claims, Lawsuits and Other Contingencies</u> </b></font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b><i>Governmental Inquiries and Claims </i></b></font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">In December 2007, the Alaska Retirement Management Board filed a civil lawsuit against Mercer (US) Inc. in Alaska state court. Plaintiff, represented by the Alaska Law Department (through the Alaska Attorney General) and the law firm of Paul, Weiss, Rifkind, Wharton&nbsp;&amp; Garrison LLP, filed an amended complaint in May 2009. The amended complaint alleged professional negligence and malpractice, breach of contract, breach of the implied covenant of good faith and fair dealing, negligent misrepresentation, unfair trade practices and fraud and misrepresentation related to actuarial services that Mercer provided to the Alaska Division of Retirement and Benefits relating to two State pension and benefit plans, the Alaska Public Employees Retirement System and the Alaska Teachers Retirement System. The amended complaint sought damages of "at least $<font class="_mt">2.8</font> billion" plus treble damages re lated to the unfair trade practices claim, punitive damages, attorneys' fees, costs and interest. The parties resolved this matter in June 2010. Mercer has agreed to pay $<font class="_mt">500</font> million, of which $<font class="_mt">100</font> million will be covered by insurance. The cost of this settlement and the related insurance receivable have been reflected in MMC's consolidated financial statements for the quarter ended June&nbsp;30, 2010. </font></p></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">In October 2007, the State of Connecticut brought a civil action against Guy Carpenter in Connecticut state court alleging that Guy Carpenter violated the state's antitrust and unfair trade practices laws by engaging in allocation of markets, price-fixing and other allegedly improper conduct by taking part in the operation of several reinsurance facilities over a period of decades. An amended complaint was filed in October 2009. The amended complaint alleges damages to Guy Carpenter's insurance company clients and their customers, as well as to the general economy of Connecticut, and seeks monetary damages, civil penalties, attorneys' fees, costs and injunctive and other equitable relief. Discovery is underway in this matter. </font></p></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Our activities are regulated under the laws of the United States and its various states, the European Union and its member states, and the other jurisdictions in which we operate. In the ordinary course of business, in addition to private party lawsuits, we may be subject to investigations, lawsuits and/or other regulatory actions undertaken by governmental authorities. </font></p></td></tr></table> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b><i>Errors and Omissions Claims </i></b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">MMC and its subsidiaries are subject to a significant number of other claims, lawsuits and proceedings in the ordinary course of business. Such claims and lawsuits consist principally of alleged errors and omissions in connection with the performance of professional services. Certain of these claims seek damages, including punitive and treble damages, in amounts that could, if awarded, be significant. In establishing liabilities for errors and omissions claims in accordance with FASB ASC Subtopic No.&nbsp;450-20 (Contingencies&#8212;Loss Contingencies), MMC utilizes internal actuarial and other estimates, and case level reviews by inside and outside counsel. A liability is established when a loss is both probable and reasonably estimable. The liability is reviewed quarterly and adjusted as developments warrant. In many cases, MMC has not recorded a liability, other than for legal fees to defend the claim, because MMC is unable, at the present time, to make a determination that a loss is both probable and reasonably estimable. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">To the extent that expected losses exceed MMC's deductible in any policy year, MMC also records an asset for the amount that MMC expects to recover under any available third-party insurance programs. MMC has varying levels of third-party insurance coverage, with policy limits and coverage terms varying significantly by policy year. MMC is not aware of coverage defenses or other obstacles to coverage that would limit recoveries through policy year 2001-2002 in a material amount. From 2002 to 2008, the availability of third-party insurance declined significantly. </font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b><i>Brokerage Compensation Practices Settlement and Related Actions </i></b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">In January 2005, MMC and its subsidiary Marsh Inc. entered into a settlement agreement with the New York State Attorney General ("NYAG") and the New York State Insurance Department to settle a civil complaint and related citation alleging that Marsh's use of market service agreements with various insurance companies entailed fraudulent business practices, bid-rigging, illegal restraint of trade and other statutory violations. The parties subsequently entered into an amended and restated settlement agreement in February 2010. The new agreement helps restore a level playing field for Marsh, allowing Marsh to compete on the same terms as other intermediaries in the insurance industry. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">Following the filing of the NYAG complaint in October 2004, various state regulators and attorneys general initiated investigations relating to the conduct alleged in that complaint. MMC and Marsh have entered into settlements with authorities in ten of those states. One action filed in August 2007 by the Attorney General of the State of Ohio against MMC, Marsh, certain Marsh subsidiaries and other parties remains pending. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">Numerous private party lawsuits based on similar allegations to those made in the NYAG complaint were commenced against MMC, one or more of its subsidiaries, and their current and former directors and officers. The status of the lawsuits that remain outstanding is as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">In February 2009, the trial court approved a settlement of the claims against MMC, Marsh and certain Marsh subsidiaries in two consolidated putative class actions that were pending in the U.S. District Court for the District of New Jersey (one on behalf of a purported class of "commercial" policyholders and the second on behalf of a purported class of "employee benefit" policyholders). The court's approval of the settlement has been appealed. In addition, nine actions instituted by individual policyholders against MMC, Marsh and certain Marsh subsidiaries are pending in federal and state courts. </font></p></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">MMC, Marsh and certain Marsh subsidiaries were named as additional defendants in a shareholder derivative suit pending in the Delaware Court of Chancery against the directors and officers of American International Group, Inc. ("AIG") and others. The suit alleged that MMC, Marsh and the Marsh subsidiaries engaged in conspiracy and fraud with respect to the alleged misconduct described in the NYAG complaint, and that they aided and abetted current and former directors and officers of AIG in breaching their fiduciary duties to AIG with respect to AIG's participation in the alleged misconduct. In June 2009, the Delaware court granted a motion to dismiss all claims against MMC and the Marsh defendants. An appeal of this dismissal is currently pending in the Delaware Supreme Court. </font></p></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <div class="MetaData"> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b><i>Other Contingencies&#8212;Guarantees </i></b></font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">In connection with its acquisition of U.K.-based Sedgwick Group in 1998, MMC acquired several insurance underwriting businesses that were already in run-off, including River Thames Insurance Company Limited ("River Thames"), which MMC sold in 2001. Sedgwick guaranteed payment of claims on certain policies underwritten through the Institute of London Underwriters (the "ILU") by River Thames. The policies covered by this guarantee are reinsured up to &#163;<font class="_mt">40</font>&nbsp;million by a related party of River Thames. Payment of claims under the reinsurance agreement is collateralized by segregated assets held in a trust. As of June&nbsp;30, 2010, the reinsurance coverage exceeded the best estimate of the projected liability of the policies covered by the guarantee. To the extent River Thames or the reinsurer is unable to meet its obligations under those policies, a claimant may seek to reco ver from MMC under the guarantee. </font></p></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="3%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2"><font style="font-family: Times New Roman;" class="_mt" size="2"><font style="font-family: WINGDINGS 2;" class="_mt">&#161;</font></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></font></td> <td valign="top" width="1%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" align="left"> <p align="left"><font style="font-family: ARIAL;" class="_mt" size="2">From 1980 to 1983, MMC owned indirectly the English&nbsp;&amp; American Insurance Company ("E&amp;A"), which was a member of the ILU. The ILU required MMC to guarantee a portion of E&amp;A's obligations. After E&amp;A became insolvent in 1993, the ILU agreed to discharge the guarantee in exchange for MMC's agreement to post an evergreen letter of credit that is available to pay claims by policyholders on certain E&amp;A policies issued through the ILU and incepting between July&nbsp;3, 1980 and October&nbsp;6, 1983. Certain claims have been paid under the letter of credit and MMC anticipates that additional claimants may seek to recover against the letter of credit. </font></p></td></tr></table></div><font style="font-family: ARIAL;" class="_mt" size="2"><b><i> </i></b></font> <div class="MetaData"> <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b><i>Putnam-related Matters </i></b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">Under the terms of a stock purchase agreement with Great-West Lifeco Inc. ("GWL") related to GWL's purchase of Putnam Investments Trust from MMC in August 2007, a copy of which was included as an exhibit to MMC's Current Report on Form 8-K filed on February&nbsp;1, 2007, MMC agreed to indemnify GWL with respect to certain Putnam-related litigation and regulatory matters. Two putative class actions by investors in certain Putnam Funds pending against Putnam in the District of Maryland are based on similar allegations as those at issue in Putnam's 2003 and 2004 settlements with the SEC and the Commonwealth of Massachusetts regarding excessive short-term trading by certain former Putnam employees in shares of the Putnam mutual funds (the "Putnam Funds"), and directly involve MMC and/or may be subject to MMC's indemnification obligations. The first action asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Section&nbsp;36(b) of the Investment Company Act of 1940. The second action purports to assert derivative claims under Section&nbsp;36(b) of the Investment Company Act. Both suits seek to recover unspecified damages allegedly suffered by the Putnam Funds and their investors as a result of purported market-timing and late trading activity in certain Putnam Funds. In the first action, the parties have entered into a settlement agreement. That agreement is subject to final approval by the district court. In the derivative action, the court denied Putnam's motion for summary judgment. </font></p></div></div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b><i>Kroll-related Matters </i></b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">Under the terms of a stock purchase agreement with Altegrity, Inc. ("Altegrity") related to Altegrity's purchase of Kroll from MMC in August 2010, a copy of which is attached as exhibit 2.1 to this Quarterly Report on Form 10-Q, MMC agreed to provide a limited indemnity to Altegrity with respect to certain Kroll-related litigation and regulatory matters. </font></p> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">The pending proceedings and other matters described in this Note 16 on Claims, Lawsuits and Other Contingencies may expose MMC or its subsidiaries to liability for significant monetary damages and other forms of relief. Where a loss is both probable and reasonably estimable, MMC establishes liabilities in accordance with FASB ASC Subtopic No.&nbsp;450-20 (Contingencies&#8212;Loss Contingencies). Except as described above, MMC is not able at this time to provide a reasonable estimate of the range of possible loss attributable to these matters or the impact they may have on MMC's consolidated results of operations, financial position or cash flows. This is primarily because these matters are still developing and involve complex issues subject to inherent uncertainty. Adverse determinations in one or more of these matters could have a material impact on MMC's consolidated results of operati ons, financial condition or cash flows in a future period. </font></p> </div> 16.&nbsp;&nbsp;&nbsp;&nbsp;Claims, Lawsuits and Other Contingencies Governmental Inquiries and Claims &nbsp; &#161; &nbsp; In December 2007, the Alaska false false false us-types:textBlockItemType textblock Describes and quantifies the loss contingencies that were reported in the period or disclosed as of the balance sheet date. 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No authoritative reference available. Contingent Purchase Consideration Paid No authoritative reference available. No authoritative reference available. No authoritative reference available. Date Marsh Acquired Thomas Rutherfoord No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. This element may be used to capture the complete disclosure pertaining to an entity's diluted earnings per share from continuing operations. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The net change in the beginning and end of period Other Current Assets balances. No authoritative reference available. Target asset allocation US Plan, fixed income, prior period No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Date Marsh Completed Bostonian Group Acquisition No authoritative reference available. The effect of exchange rate changes on operating cash flows. No authoritative reference available. No authoritative reference available. No authoritative reference available. Liability for claims against the Company arising from mistakes and errors or omissions in the course of professional activities. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Describes an entity's accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting. An entity also may describe its accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Target asset allocation US Plan, equities, prior period No authoritative reference available. Total of gains and losses of equity method investments in private equity fund partnerships and cost method investments. No authoritative reference available. Current assets of discontinued operations No authoritative reference available. Proceeds and realized gains from sale of available for sale investments table. No authoritative reference available. Commissions and fees, advanced premiums and claims and other receivables prior to the allowance for doubtful accounts. No authoritative reference available. Reinsurance amount of guarantee related to payment of ILU policies No authoritative reference available. No authoritative reference available. No authoritative reference available. Accumulated impairment losses No authoritative reference available. Contributions US Non-Qualified And Non US Pension Plans No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Actual Asset Allocation Non-US Plan, Fixed Income No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Average stock price used to calculate common stock equivalents No authoritative reference available. Employers Disclosures About Pension and Other Post Retirement Benefit Plan Assets Text Block No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. This element may be used to capture the complete disclosure pertaining to an entity's basic earnings per share from continuing operations. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Effective Income Tax Rate Continuing Operations Excluding Alaska Settlement Impact No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. This element represents a certain statement of financial position asset caption which represents a class of assets, or which may include an individual asset, measured at fair value on a recurring basis. No authoritative reference available. This item represents the difference between the pre-tax realized gains and losses realized on the sale of debt or equity securities categorized neither as held-to-maturity nor trading securities. Additionally, this item would include any losses recognized for other than temporary impairments of the subject investments in debt and equity securities. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Describes the form and magnitude of the award the plaintiff seeks in the legal matter, which may include an unspecified amount of money No authoritative reference available. Actual Asset Allocation Non-US Plan, Equities No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Cash and cash equivalents - reported as discontinued operations No authoritative reference available. Business Acquisition, Equity Interest Issued Number of Shares No authoritative reference available. No authoritative reference available. No authoritative reference available. Non-current assets of discontinued operations No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. For a new accounting pronouncement that has been issued but not yet adopted, an entity's disclosure should (1) describe the new pronouncement, the date that adoption is required and the date that the entity plans to adopt, if earlier; (2) discuss the methods of adoption allowed by the pronouncement and the method expected to be utilized by the entity, if determined; (3) discuss the impact that adoption of the pronouncement is expected to have on the financial statements of the entity, unless such impact is not known or reasonably estimable (in which case, a statement to that effect should be made) and; (4) disclose the potential impact of other significant matters that the entity believes might result from the adoption of the pronouncement (for example, technical violations of debt covenant agreements and planned or intended changes in business practices.) No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. This element may be used to capture the complete disclosure pertaining to an entity's basic earnings per share from net income. No authoritative reference available. Schedule Of Supplemental Cash Flow Income Statement Disclosures No authoritative reference available. No authoritative reference available. No authoritative reference available. Fixed Income Securities Classified As Available For Sale included in the Net Balance of Fiduciary Assets and Liabilities No authoritative reference available. Net uncollected premiums and claims and the related payables are not assets and liabilities of MMC and are not included in the accompanying consolidated balance sheets. No authoritative reference available. Allocation Of Acquisition Costs No authoritative reference available. No authoritative reference available. No authoritative reference available. Income statement data discontinued operations table. No authoritative reference available. No authoritative reference available. No authoritative reference available. Goodwill Segment Carrying Value Risk And Insurance Services No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Tabular disclosure of supplemental cash flow information related to cash, noncash, and part noncash transactions, for the period. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. This element represents a certain statement of financial position asset caption which represents a class of assets, or which may include an individual asset, measured at fair value on a recurring basis. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Income Loss From Continuing Operations Available To Common Stockholders Diluted No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Total of the portions of the fair value amounts, as of the balance sheet date, of long term debt. It may include: Notes payable, bonds payable, debentures, mortgage loans, commercial paper, etc, which are scheduled to be repaid within one year or the normal operating cycle, if longer, and after deducting unamortized discounts or premiums, if any. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Sum of the carrying amounts of all goodwill and intangible assets as of the balance sheet date, net of accumulated amortization and impairment charges. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Discontinued Operation Revenue From Discontinued Operation During Phase Out Period No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Deferred Purchase Consideration Paid No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Unrealized investment holding losses Tax, Total No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Unrealized Gains Pre-Tax on Available for Sale Securities Included in Accumulated Other Comprehensive Income No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Stockholders Equity Subtotal Before Treasury Stock No authoritative reference available. No authoritative reference available. No authoritative reference available. Schedule Of Comprehensive Income Text Block No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Sum of operating profit and nonoperating income (expense) before income taxes. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. This item represents the gross unrealized gains for securities which are categorized neither as held-to-maturity nor trading securities held in the Fiduciary capacity. Such gross unrealized gains are the excess of the fair value of the Available-for-sale Securities over their carrying value as of the reporting date. Such gross unrealized gains are included in other comprehensive income in the statement of shareholders' equity, unless the Available-for-sale Security is designated as a hedge. All or a portion of the unrealized holding gain of an available-for-sale security that is designated as being hedged in a fair value hedge shall be recognized in earnings during the period of the hedge. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. The amount, measured at acquisition-date fair value, of all the assets acquired and liabilities assumed that arise from contingencies and were recognized by the entity. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Discloses the number of employee positions eliminated during the period as a result of restructuring activities. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Gains related to pension/retire plans, Tax, Total No authoritative reference available. Consolidation of Variable Interest Entities And Transfer Of Assets Text Block No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Fair Value Fiduciary Assets Measured On Recurring Basis Money Market Funds No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Goodwill recorded No authoritative reference available. No authoritative reference available. No authoritative reference available. Goodwill Other Adjustments No authoritative reference available. Schedule detailing the net periodic benefit cost for defined benefit plans for the period. Schedule includes the following components: service cost, interest cost, expected return on plan assets, gain or loss, prior service cost or credit, transition asset or obligation, and gain or loss due to settlements or curtailments). No authoritative reference available. Schedule Of Finite Lived Intangible Assets Future Amortization Expense [Text Block] No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. IssuanceOfSharesUnderStockCompensationPlansAndEmployeeStockPurchasePlansAndRelatedTaxDeficiency No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Describes an entity's accounting policy for determining the fair value of its financial instruments. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Funds invested in interest and non-interest bearing bank accounts and fixed income securities that are used to pay premiums and claims held in a fiduciary capacity. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. This element represents a certain statement of financial position asset caption which represents a class of assets, or which may include an individual asset, measured at fair value on a recurring basis. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. MMC Sale Date Of Kroll To Altegrity No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Acquisition of minority interest in majority owned entity No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. This element represents a certain statement of financial position asset caption which represents a class of assets, or which may include an individual asset, measured at fair value on a recurring basis. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Net unrealized gains (pre-tax) related to available for sale securities table. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. This element represents the disclosure related to the fair value measurement of assets and liabilities which includes [financial] instruments measured at fair value that are classified in stockholders' equity. Such assets and liabilities may be measured on a recurring or nonrecurring basis. The disclosures which may be required or desired include: (1) for assets and liabilities measured on a recurring basis, disclosure may include: (a) the fair value measurements at the reporting date; (b) the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets or liabilities (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3); (c) for fair value measurements using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributab le to the following: (i) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (ii) purchases, sales, issuances, and settlements (net); (iii) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs); (d) the amount of the total gains or losses for the period in subparagraph (c) (i) above included in earnings (or changes in net assets) that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held at the reporting date and a description of where those unrealized gains or losses are reported in the statement of income (or activities); (e) the valuation technique(s) used to measure fair value and a discussion of changes in valuation techniques, if any, during the period and (2) for assets and liabilities that are measured at fair value on a nonrecurring basis (for example, impaired assets) disclosure may include, in addition to (a) above: (a) the reasons for the fair value measurements recorded; (b) the same as (b) above; (c) for fair value measurements using significant unobservable inputs (Level 3), a description of the inputs and the information used to develop the inputs; and (d) the valuation technique(s) used to measure fair value and a discussion of changes, if any, in the valuation technique(s) used to measure similar assets and/or liabilities in prior periods. No authoritative reference available. No authoritative reference available. No authoritative reference available. Less Portion Attributable To Participating Securities Continuing Operations Diluted No authoritative reference available. No authoritative reference available. No authoritative reference available. The sum of all long-term debt, which is debt initially having maturities due after one year from the balance sheet date or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer plus capital lease obligations due to be paid more than one year after the balance sheet date valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. No authoritative reference available. No authoritative reference available. No authoritative reference available. Gains/Losses related to Equity method and other investments table. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Date Marsh Acquired H S B C Insurance Brokers Ltd No authoritative reference available. Insurance premiums, claims and return premiums that are collected on behalf of fiscal authorities and held in a fiduciary capacity until remittance. No authoritative reference available. No authoritative reference available. No authoritative reference available. Income (loss) attributable to common shares for basic earnings per share No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Long term investments at carrying value. No authoritative reference available. No authoritative reference available. No authoritative reference available. Gains (Losses) From Equity And Cost Method Investments No authoritative reference available. Goodwill Segment Carrying Value Consulting No authoritative reference available. Interest income earned on both U.S. and foreign fiduciary funds held in trust. No authoritative reference available. Earnings Per Share Policy Basic [Text Block] No authoritative reference available. This element represents a certain statement of financial position asset caption which represents a class of assets, or which may include an individual asset, measured at fair value on a recurring basis. No authoritative reference available. No authoritative reference available. No authoritative reference available. Costs related to cost reduction activities for recent acquisitions No authoritative reference available. Date Marsh Acquired Haake No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Fiduciary Assets Mercer No authoritative reference available. No authoritative reference available. No authoritative reference available. The carrying amount as of the balance sheet date due the entity from uncollected premiums and claims advanced. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. This element may be used to capture the complete disclosure pertaining to an entity's diluted earnings per share from net income. No authoritative reference available. No authoritative reference available. No authoritative reference available. Fair Value Measurements And Disclosures Level 3 [Text Block] No authoritative reference available. No authoritative reference available. No authoritative reference available. Less Portion Attributable To Participating Securities Continuing Operations Basic No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. This element represents a certain statement of financial position asset caption which represents a class of assets, or which may include an individual asset, measured at fair value on a recurring basis. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. AvailableForSaleSecuritiesGrossUnrealizedGainsOnFiduciaryAssets No authoritative reference available. No authoritative reference available. No authoritative reference available. Cash Provided From Disposal Of KLS No authoritative reference available. No authoritative reference available. No authoritative reference available. Revenue Target period No authoritative reference available. No authoritative reference available. No authoritative reference available. Description of restructuring activities including exit and disposal activities, which should include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. This element may be used as a single block of text to encapsulate the entire disclosure including data and tables. No authoritative reference available. This element represents a certain statement of financial position asset caption which represents a class of assets, or which may include an individual asset, measured at fair value on a recurring basis. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. UK Plan Assets Percentage Of Non US Plan Assets No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. This element represents a certain statement of financial position asset caption which represents a class of assets, or which may include an individual asset, measured at fair value on a recurring basis. No authoritative reference available. Decrease To Additional Paid In Capital Due To Purchase Of Minority Interest No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Liabilities of discontinued operations No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Target asset allocation Non-US Plan, Fixed Income No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Cash and cash equivalents - continuing operations No authoritative reference available. Cash provided by the sale of KGS No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Schedule of assumptions used in calculating the net periodic benefit cost for U.S. and Significant Non-U.S. defined benefit plans. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Target asset allocation Non-US Plan, Equities No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. Description of a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. This element may be used as a single block of text to encapsulate the entire disclosure (including data and tables) regarding business combinations, including leverage buyout transactions (as applicable). No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. XML 51 R46.xml IDEA: Comprehensive Income (Loss) (Parenthetical) (Details) 2.2.0.7 false Comprehensive Income (Loss) (Parenthetical) (Details) (USD $) 40602 - Disclosure - Comprehensive Income (Loss) (Parenthetical) (Details) true false In Millions false false 1 USD false false Unit12 Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Unit13 Standard http://www.xbrl.org/2003/instance pure xbrli 0 Unit14 Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 Unit1 Standard http://www.xbrl.org/2003/instance shares xbrli 0 $ false 2 USD false false Unit12 Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 Unit14 Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 Unit13 Standard http://www.xbrl.org/2003/instance pure xbrli 0 Unit1 Standard http://www.xbrl.org/2003/instance shares xbrli 0 $ 5 3 us-gaap_OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTax us-gaap true na duration No definition available. false false false false false false false false false false false terselabel false 1 true true false false -62000000 -62 false false false 2 true true false false 16000000 16 false false false xbrli:monetaryItemType monetary Tax effect of the adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into functional currency of the reporting entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 38 -Subparagraph c(3) Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 130 -Paragraph 25 false 6 3 mmc_UnrealizedInvestmentHoldingLossesTaxTotal mmc false debit duration Unrealized investment holding losses Tax, Total false false false false false false false false false false false terselabel false 1 false true false false -3000000 -3 false false false 2 false true false false 0 0 false false false xbrli:monetaryItemType monetary Unrealized investment holding losses Tax, Total No authoritative reference available. false 7 3 mmc_GainsRelatedToPensionRetirePlansTaxTotal mmc false debit duration Gains related to pension/retire plans, Tax, Total false false false false false false false false false false false terselabel false 1 true true false false 51000000 51 false false false 2 true true false false -54000000 -54 false false false xbrli:monetaryItemType monetary Gains related to pension/retire plans, Tax, Total No authoritative reference available. false 2 3 false Millions UnKnown UnKnown false true XML 52 R21.xml IDEA: Financial Instruments 2.2.0.7 false Financial Instruments 11401 - Disclosure - Financial Instruments true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_ScheduleOfFinancialInstrumentsOwnedAndPledgedAsCollateralTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>14. <u>Financial Instruments</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The estimated fair value of MMC's significant financial instruments is provided below. Certain estimates and judgments were required to develop the fair value amounts. The fair value amounts shown below are not necessarily indicative of the amounts that MMC would realize upon disposition, nor do they indicate MMC's intent or need to dispose of the financial instrument. </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="92%"> <tr><td width="68%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp;30, 2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>December&nbsp;31, 2009</b></font></td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Carrying</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amount</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Fair</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Value</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Carrying</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amount</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Fair</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Value</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Cash and cash equivalents </font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1,475</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1,475</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">1,707</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">1,707</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Long-term investments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>74</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>69</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">109</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">102</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Short-term debt</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>558</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>558</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">558</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">572</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Long-term debt</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>3,030</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>3,166</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">3,034</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">3,174</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Cash and Cash Equivalents</b>: The estimated fair value of MMC's cash and cash equivalents approximates their carrying value. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Long-term Investments</b>: Long-term investments include available for sale securities recorded at quoted market prices, certain investments carried at cost and unrealized gains related to available for sale investments in insurance fiduciary funds as discussed below. </font></p> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC has certain long-term investments, for which there are no readily available market prices, amounting to $<font class="_mt">38</font> million and $<font class="_mt">53</font> million at June&nbsp;30, 2010 and December&nbsp;31, 2009, respectively, which are carried on a cost basis. These investments are included in Other assets in the consolidated balance sheets. MMC monitors these investments for impairment and makes appropriate reductions in carrying values when necessary. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC had available for sale securities with an aggregate fair value of $<font class="_mt">24</font> million and $<font class="_mt">38</font> million at June&nbsp;30, 2010 and December&nbsp;31, 2009, respectively, which are carried at market value under ASC Topic No.&nbsp;320. MMC had gross unrealized gains (pre-tax) on these securities of $<font class="_mt">8</font> million and $<font class="_mt">15</font> million included in accumulated other comprehensive income at June&nbsp;30, 2010 and December&nbsp;31, 2009, respectively. MMC recorded the following net unrealized gains and (losses) related to its available for sale securities for the three and six-month periods ended June&nbsp;30, 2010 and 2009. </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="92%"> <tr><td width="77%"> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Three&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Unrealized gains (pre-tax)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">3</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">3</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Unrealized losses (pre-tax)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">These amounts have been excluded from earnings and reported, net of deferred income taxes, in accumulated other comprehensive income (loss), which is a component of stockholders' equity. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC has a portion of insurance fiduciary funds described in Note 3 that are invested in high quality debt securities and classified as available for sale. Gross unrealized gains (pre-tax) on these securities that are included in other assets and accumulated other comprehensive income in the consolidated balance sheets was $<font class="_mt">11</font> million and $<font class="_mt">17</font> million at June&nbsp;30, 2010 and December&nbsp;31, 2009, respectively. MMC had no gross unrealized gains on these securities for the six months ended June&nbsp;30, 2010 and 2009, respectively. For the six months ended June&nbsp;30, 2010 and 2009, MMC recorded gross unrealized losses (pre-tax) of $<font class="_mt">6</font> million and $<font class="_mt">2</font> million, respectively, related to these investments. These amounts have b een excluded from earnings and reported, net of deferred income taxes, in accumulated other comprehensive income (loss), which is a component of stockholders' equity. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Proceeds from the sale of available for sale investments were as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="92%"> <tr><td width="73%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Three&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td></tr> <tr><td valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Proceeds from the sale of available for sale securities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b><b> </b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b>&#8212;&nbsp;&nbsp;<b> </b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">4</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>14</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The cost of securities sold is determined using the average cost method for equity securities. </font></p> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC also holds investments in certain private equity fund partnerships which are accounted for using the equity method and other investments that are held at cost. MMC recorded the following gains (losses) related to these investments: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="92%"> <tr><td width="76%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Three&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Equity method gains (losses)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(33</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>17</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(51</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Gains on cost method investments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">4</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Gains (losses) from equity and cost method investments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(32</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(47</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Realized gains on available for sale securities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>8</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Investment income (loss)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(32</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>26</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(47</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Short-term and Long-term Debt</b>: The fair value of MMC's short-term debt, which consists primarily of term debt maturing within the next year, approximates its carrying value. The estimated fair value of MMC's long-term debt is based on discounted future cash flows using current interest rates available for debt with similar terms and remaining maturities. </font></p> </div> 14. Financial Instruments The estimated fair value of MMC's significant financial instruments is provided below. Certain estimates and judgments were required false false false us-types:textBlockItemType textblock Description of financial instruments held by the entity for its own account for trading or investment purposes that are carried at fair value and pledged to counterparties as collateral for financing transactions. Description may include equity, fixed income, debt or other securities. This element may be used for the entire securities owned and pledged as collateral schedule as a single block of text. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 140 -Paragraph 17 -Subparagraph a(2) Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 140 -Paragraph 15 false 1 1 false UnKnown UnKnown UnKnown false true XML 53 R13.xml IDEA: Comprehensive Income (Loss) 2.2.0.7 false Comprehensive Income (Loss) 10601 - Disclosure - Comprehensive Income (Loss) true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_ComprehensiveIncomeNoteTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>6.&nbsp;<u>Comprehensive Income (Loss)</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: ARIAL;" class="_mt" size="2">The components of comprehensive income (loss) for the six-month periods ended June&nbsp;30, 2010 and 2009 are as follows: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="88%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Foreign currency translation adjustments net of income tax (credit) expense&nbsp;($<font class="_mt">(62)</font> for 2010 and $<font class="_mt">16</font> for 2009, respectively)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$(360</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;304</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Unrealized investment holding losses net of income tax (credit) expense&nbsp;($<font class="_mt">(3)</font> for 2010 and $<font class="_mt">0</font> for 2009, respectively)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(10</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Gains (losses) related to pension/retiree plans net of income tax (credit) expense&nbsp;($<font class="_mt">51</font> for 2010 and $<font class="_mt">(54)</font> for 2009, respectively)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>135</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(129</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Other comprehensive (loss) income</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(235</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">174</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Net income (loss) before non-controlling interests</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>494</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(9</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Comprehensive income before non-controlling interests</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>259</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">165</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Less: Comprehensive income&nbsp;attributable to non-controlling interests</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(10</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(8</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Comprehensive income attributable to MMC</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;249</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;157</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> </div> 6.&nbsp;Comprehensive Income (Loss) The components of comprehensive income (loss) for the six-month periods ended June&nbsp;30, 2010 and 2009 are as follows: false false false us-types:textBlockItemType textblock This label may include the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains and losses on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains and losses on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealize d holding gains and losses on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain or loss and net prior service cost or credit for pension plans and other postretirement benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 130 -Paragraph 14-26 false 1 1 false UnKnown UnKnown UnKnown false true XML 54 R34.xml IDEA: Fair Value Measurements (Tables) 2.2.0.7 false Fair Value Measurements (Tables) 31003 - Disclosure - Fair Value Measurements (Tables) true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false label false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="60%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Identical Assets</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>(Level 1)</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Observable&nbsp;Inputs</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>(Level 2)</b> </font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Unobservable</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Inputs</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>(Level 3)</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Total</b></font></td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>6/30/10</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>12/31/09</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>6/30/10</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>12/31/09</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>6/30/10</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>12/31/09</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>6/30/10</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>12/31/09</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Assets:</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Financial instruments owned:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Exchange traded equity securities (a)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">10</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">10</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Mutual funds (a)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>127</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">141</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b> </b><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b> </b>&#8212;&nbsp;&nbsp; <b> </b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>127</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">141</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Medium term bond funds and fixed income securities (a)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Money market funds (b)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>225</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">448</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>225</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">448</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total assets measured at fair value</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>353</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">599</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>353</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">605</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Fiduciary Assets:</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">State and local obligations (including non U.S. locales)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>99</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">161</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>99</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">161</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other sovereign government obligations and supranational agencies</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>244</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">370</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b> </b><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b> </b>&#8212;&nbsp;&nbsp; <b> </b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>244</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">370</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Corporate and other debt</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>31</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">46</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>31</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">46</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Money market funds</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>338</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">235</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>338</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">235</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total fiduciary assets measured at fair value</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>338</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">235</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>374</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">577</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>712</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">812</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> <p style="margin-top: 0px; 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Excludes common shares repurchased by the entity and held as Treasury shares. Shares outstanding equals shares issued minus shares held in treasury. Does not include common shares that have been repurchased. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 12 -Paragraph 10 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 30 -Article 5 false 4 26 false Millions Millions NoRounding false true XML 59 R37.xml IDEA: Financial Instruments (Tables) 2.2.0.7 false Financial Instruments (Tables) 31403 - Disclosure - Financial Instruments (Tables) true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_FairValueByBalanceSheetGroupingTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="92%"><tr> <td width="68%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp;30, 2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>December&nbsp;31, 2009</b></font></td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Carrying</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amount</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Fair</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Value</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Carrying</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Amount</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Fair</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Value</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Cash and cash equivalents </font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1,475</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1,475</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">1,707</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">1,707</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Long-term investments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>74</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>69</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">109</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">102</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Short-term debt</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>558</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>558</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">558</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">572</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Long-term debt</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>3,030</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>3,166</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">3,034</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">3,174</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr></table> </div> &nbsp; &nbsp;&nbsp; June&nbsp;30, 2010 &nbsp;&nbsp; December&nbsp;31, 2009 (In millions of false false false us-types:textBlockItemType textblock This item represents certain of the disclosures concerning the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 32 -Subparagraph a, c(1), c(2), c(3), d Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 159 -Paragraph 18 -Subparagraph c(2), d, e, f Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 10 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 159 -Paragraph 19 -Subparagraph a, b, c(1), d(1) Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 14 -Subparagraph a Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 15 -Subparagraph b-d false 6 3 mmc_NetUnrealizedGainPreTaxTextblock mmc false na duration Net unrealized gains (pre-tax) related to available for sale securities table. false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="92%"><tr> <td width="77%"> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Three&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Unrealized gains (pre-tax)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">3</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">3</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Unrealized losses (pre-tax)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(2</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> </div> (In millions of dollars) &nbsp;&nbsp; Three&nbsp;Months&nbsp;EndedJune&nbsp; 30, &nbsp;&nbsp; Six&nbsp;Months&nbsp;EndedJune&nbsp; false false false us-types:textBlockItemType textblock Net unrealized gains (pre-tax) related to available for sale securities table. No authoritative reference available. false 7 3 mmc_ProceedsAndRealizedGainsFromSaleOfAvailableForSaleSecuritiesTextBlock mmc false na duration Proceeds and realized gains from sale of available for sale investments table. false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="92%"><tr> <td width="73%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Three&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td></tr> <tr><td valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Proceeds from the sale of available for sale securities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b><b> </b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b>&#8212;&nbsp;&nbsp;<b> </b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">4</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>14</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> </div> (In millions of dollars) &nbsp;&nbsp; Three&nbsp;Months&nbsp;EndedJune&nbsp; 30, &nbsp;&nbsp; Six&nbsp;Months&nbsp;EndedJune&nbsp; false false false us-types:textBlockItemType textblock Proceeds and realized gains from sale of available for sale investments table. No authoritative reference available. false 8 3 mmc_GainLossesFromEquityMethodAndOtherInvestmentsTextBlock mmc false na duration Gains/Losses related to Equity method and other investments table. false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="92%"><tr> <td width="76%"> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td valign="bottom" width="4%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Three&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Six&nbsp;Months&nbsp;Ended</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>June&nbsp; 30,</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2010</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>2009</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Equity method gains (losses)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(33</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>17</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(51</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Gains on cost method investments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">1</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">4</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Gains (losses) from equity and cost method investments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(32</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(47</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Realized gains on available for sale securities</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>8</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Investment income (loss)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(32</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>26</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">(47</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: Times New Roman;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td> <td valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td>&nbsp;</td></tr></table> </div> (In millions of dollars) &nbsp;&nbsp; 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Does not include goodwill. 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NoRounding false true XML 65 R38.xml IDEA: Segment Information (Tables) 2.2.0.7 false Segment Information (Tables) 31703 - Disclosure - Segment Information (Tables) true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false terselabel false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="60%"> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td> <td valign="bottom" width="6%"> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Three Months Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="4" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six Months Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Revenue</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Operating</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Income&nbsp;(Loss)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Revenue</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Operating</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Income&nbsp;(Loss)</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010 &ndash;</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Risk and Insurance Services</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$1,459<font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;258</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$2,951<font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(c)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;605</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Consulting</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,168<font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(b)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(275</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,323<font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(d)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(159</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Operating Segments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,627</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(17</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>5,274</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>446</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Corporate / Eliminations</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(21</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(33</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(33</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(71</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Consolidated</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$2,606</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;&nbsp;(50</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$5,241</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$&nbsp;375</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2009 &ndash;</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Risk and Insurance Services</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$1,343</font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(a)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp; </font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;245</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$2,715</font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(c</sup></font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;542</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Consulting</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,143</font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(b)</sup> </font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">96</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,226</font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;"> </sup></font><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"> </font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">(d</sup></font><font style="font-family: ARIAL;" class="_mt" size="1"><sup style="position: relative; bottom: 0.8ex; vertical-align: baseline;">)</sup></font><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">169</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Operating Segments</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,486</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">341</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4,941</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">711</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Corporate/Eliminations</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(16</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(47</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(28</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(100</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Consolidated</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$2,470</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;294</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$4,913</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">$&nbsp;611</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">(a)</font></td> <td valign="top" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Includes inter-segment revenue of $1million and $5 million in 2010 and 2009, respectively, interest income on fiduciary funds of $11 million and $13 million in 2010 and 2009, respectively, and equity method income of $7 million and $6 million in 2010 and 2009, respectively. </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">(b)</font></td> <td valign="top" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Includes inter-segment revenue of $20 million and $11 million in 2010 and 2009, respectively, and interest income on fiduciary funds of $1 million in both 2010 and 2009. </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">(c)</font></td> <td valign="top" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Includes inter-segment revenue of $2 million and $7 million in 2010 and 2009, respectively, interest income on fiduciary funds of $22 million and $28 million in 2010 and 2009, respectively, and equity method income of $8 million in both 2010 and 2009. </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">(d)</font></td> <td valign="top" align="left"><font style="font-family: ARIAL;" class="_mt" size="2">Includes inter-segment revenue of $31 million and $21 million in 2010 and 2009, respectively, and interest income on fiduciary funds of $2 million in both 2010 and 2009. </font></td></tr></table> </div> &nbsp;&nbsp; &nbsp;&nbsp; Three Months Ended June&nbsp;30, &nbsp; &nbsp; Six Months Ended June&nbsp;30, &nbsp; (In millions of false false false us-types:textBlockItemType textblock This element may be used to capture the complete disclosure about the profit or loss and total assets for each reportable segment, as a single block of text. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 27, 28 false 6 3 us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <table border="0" cellspacing="0" cellpadding="0" width="100%"><tr> <td width="72%"> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="3%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom">&nbsp;<font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="6"> <p style="margin-top: 0px; margin-bottom: 0px;" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">Three&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom" colspan="6" align="center"> <p style="margin-top: 0px; margin-bottom: 0px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">Six&nbsp;Months&nbsp;Ended</font></p> <p style="margin-top: 0px; margin-bottom: 1px;" align="center"><font style="font-family: ARIAL;" class="_mt" size="2">June&nbsp;30,</font></p></td> <td style="border-bottom: #000000 1px solid; border-top: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><i>(In millions of dollars)</i></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2010</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2009</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Risk and Insurance Services</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Marsh</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,214</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,114</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,389</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,202</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Guy Carpenter</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>245</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">229</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>562</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">513</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Risk and Insurance Services</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,459</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,343</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,951</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"> </font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,715</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Consulting</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Mercer</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>838</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">832</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,687</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,635</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: ARIAL;" class="_mt" size="2">Oliver Wyman Group</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>330</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">311</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>636</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">591</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2">Total Consulting</font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>1,168</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">1,143</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,323</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,226</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Total Operating Segments</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,627</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,486</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>5,274</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4,941</font></td> <td valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Corporate/Eliminations</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(21</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(16</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>(33</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>)&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">(28</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">)&nbsp;</font></td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> <p style="text-indent: -1em; margin-left: 3em;"><font style="font-family: ARIAL;" class="_mt" size="2"><b>Total</b></font></p></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>2,606</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">$</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">2,470</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2"><b>$</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2"><b>5,241</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2"><b>&nbsp;&nbsp;</b></font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom"><font style="font-family: ARIAL;" class="_mt" size="2">$</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right"><font style="font-family: ARIAL;" class="_mt" size="2">4,913</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap"><font style="font-family: ARIAL;" class="_mt" size="2">&nbsp;&nbsp;</font></td></tr></table> </div> &nbsp;&nbsp; &nbsp;&nbsp; Three&nbsp;Months&nbsp;Ended June&nbsp;30, &nbsp; &nbsp; Six&nbsp;Months&nbsp;Ended June&nbsp;30, &nbsp; (In millions of false false false us-types:textBlockItemType textblock This element may be used to capture the complete disclosure for the identification, description, and amounts of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, discontinued operations, and the cumulative effect of changes in accounting principles. Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 32 -Subparagraph b false 1 2 false UnKnown UnKnown UnKnown false true XML 66 R25.xml IDEA: New Accounting Pronouncements 2.2.0.7 false New Accounting Pronouncements 11801 - Disclosure - New Accounting Pronouncements true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_ScheduleOfNewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>18. <u>New Accounting Pronouncements</u> </b></font></p> <div> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Effective January&nbsp;1, 2009, MMC adopted the guidance for calculating EPS using the two-class method with retroactive application to prior periods. The impact of adopting the guidance is discussed in Note 4 to the consolidated financial statements. </font></p></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Effective January&nbsp;1, 2009, the Company adopted the new guidance issued by the FASB for Business Combinations. The guidance requires entities in a business combination to recognize all (and only) the assets acquired and liabilities assumed in the transaction; establishes the acquisition-date fair value as the measurement objective for all assets acquired and liabilities assumed; and requires the acquirer to disclose all information needed by investors and other users to evaluate and understand the nature and financial effect of the business combination. </font></p></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Effective January&nbsp;1, 2009, the Company adopted the new guidance issued by the FASB for Consolidation &ndash; Non-controlling Interests, which did not have a material impact on our financial condition, results of operations or cash flows. However, it did impact the presentation and disclosure of non-controlling (minority) interests in our consolidated financial statements. The effects of this change are reflected herein. </font></p></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The new guidance also requires adjustment of net income to include the net income attributable to the non-controlling interests and a new separate caption for net income attributable to MMC to be presented in the consolidated statement of earnings. </font></p></div> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <div> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In February 2008, the FASB issued guidance related to Fair Value Measurements which delayed until the second quarter of 2009, fair value measurement for non-financial assets and non-financial liabilities, except for items that are recognized or disclosed at fair value in the financial statements on a recurring basis. The Company has applied the provision of this new guidance to its financial statement disclosures beginning in the second quarter of 2009. </font></p></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">On April&nbsp;1, 2009, the FASB issued guidance for "Accounting for Assets Acquired and Liabilities Assumed in a Business Combination That Arise from Contingencies", to address application issues raised by preparers, auditors and attorneys. The guidance requires recognition of contingent assets or liabilities (arising from a business combination contingency) at fair value, at the acquisition date if the acquisition-date fair value of the asset or liability can be determined during the measurement period, or if certain criteria are met. Otherwise, the acquirer should not recognize an asset or liability as of the acquisition date. The guidance is effective for business combinations occurring on or after January&nbsp;1, 2009. This new guidance did not have a material impact on MMC's financial condition or reported results. </font></p></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In the second quarter of 2009, MMC adopted the guidance issued by the FASB for interim disclosures about fair value of financial instruments. The guidance, which is effective for interim periods ending after June&nbsp;15, 2009, requires disclosures about the fair values of financial instruments in interim period reports of publicly traded companies as well as in annual financial statements. The adoption of this guidance did not have a material impact on MMC's financial condition or reported results. </font></p></div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In the second quarter of 2009, MMC adopted the guidance issued by the FASB for Recognition and Presentation of Other-Than-Temporary Impairments. It amends GAAP guidance including SEC SAB Topic 5M and other authoritative literature that allow the holders of debt securities not to recognize other-than-temporary impairments based on their intent and ability to hold a security until recovery in fair value to its amortized cost. The other-than-temporary impairment model applies only to debt securities and not equity securities. The guidance requires recognition of a credit loss (the difference between the present value of cash flows expected to be collected and the amortized cost basis) through earnings. The guidance is effective for interim and annual periods ending after June&nbsp;15, 2009. The adoption of this guidance did not have a material impact on MMC's financial condition or r eported results. </font></p> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In December 2008, the FASB issued guidance for Employers' Disclosures About Pension and Other Post Retirement Benefit Plan Assets. The guidance requires fair value plan asset disclosures for an employer's assets in defined benefit pension and postretirement plans similar to the guidance on Fair Value Measurements, as well as (a)&nbsp;how investment allocation decisions are made, (b)&nbsp;the major categories of plan assets, and (c)&nbsp;significant concentrations of risk within plan assets. The guidance is effective for fiscal years ending after December&nbsp;15, 2009. The Company has applied the provision of this new guidance to its financial statement disclosures beginning December&nbsp;31, 2009. </font></p></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In December 2009, the FASB issued new guidance related to the Consolidation of Variable Interest Entities ("VIE") and transfer of assets. The new guidance focuses on 'controlling financial interests' and requires companies to perform qualitative analysis to determine whether they must consolidate a VIE by assessing whether the variable interests give them controlling financial interests in the VIE. This guidance is effective for transfers occurring on or after November&nbsp;15, 2009. Provisions must be applied in annual reporting periods beginning after November&nbsp;15, 2009 and interim periods within that annual period. The adoption of the guidance did not have a material impact on the Company's financial statements. Also, effective January&nbsp;1, 2010, the Company adopted new guidance that indefinitely defers the above changes relating to the Company's interests in ent ities that have all the attributes of an investment company or for which it is industry practice to apply measurement principles for financial reporting that are consistent with those applied by an investment company. As a result, the above guidance did not apply to certain investment management trusts managed by Mercer. </font></p></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In January 2010, the FASB issued new guidance that adds additional disclosures about transfers into and out of Levels 1 and 2 items and separate disclosures about purchases, sales, issuances, and settlements related to Level 3 measurements. It also clarifies existing fair value disclosures about the level of disaggregation and about inputs and valuation techniques used to measure fair value. Further, the new guidance amends the requirements on employer's disclosures about postretirement benefit plan assets to require disclosures be provided by classes of assets instead of by major categories of assets. This guidance is effective for the first reporting period beginning after December&nbsp;31, 2009, except for the requirement to provide the Level 3 activity of purchases, sales, issuances, and settlements on a gross basis, which will be effective for fiscal years beginning after Dec ember&nbsp;15, 2010. The adoption of the guidance did not have a material impact on the Company's financial statements. </font></p></div> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In October 2009, the FASB amended its guidance on revenue recognition regarding multiple-deliverable revenue arrangements. The guidance is effective prospectively for arrangements entered into or materially modified in fiscal years beginning on or after June&nbsp;15, 2010. The Company is evaluating the impact of adopting this new guidance. </font></p></div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">On April&nbsp;29, 2010, the FASB issued guidance which establishes a revenue recognition model for contingent consideration that is payable upon the achievement of an uncertain future event, referred to as a milestone. The scope of this guidance is limited to research or development arrangements and requires an entity to record the milestone payment in its entirety in the period received if the milestone meets all the necessary criteria to be considered substantive. However, entities would not be precluded from making an accounting policy election to apply another appropriate accounting policy that results in the deferral of some portion of the arrangement consideration. This is effective for fiscal years (and interim periods within those fiscal years) beginning on or after June&nbsp;15, 2010. Early application is permitted. Entities can apply this guidance prospectively to mi lestones achieved after adoption. However, retrospective application to all prior periods is also permitted. The Company is evaluating the impact of adopting this new guidance. </font></p> <div> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">In May 2010, the FASB issued guidance for foreign currency issues and Venezuela's highly inflationary status. The guidance states that Venezuela's economy should be considered highly inflationary as of January&nbsp;1, 2010 and therefore a U.S. dollar reporting entity must remeasure the financial statements of its Venezuelan subsidiaries as if the subsidiaries' functional reporting currency were the entity's reporting currency (i.e., the U.S. dollar). Any differences between the U.S. dollar denominated balances recorded by the Venezuelan subsidiaries and the amounts reported in the entity's consolidated financial statements must be recognized in earnings or as part of its cumulative translation adjustment. The adoption of the guidance did not have a material impact on the Company's financial statements. </font></p></div> </div> 18. New Accounting Pronouncements Effective January&nbsp;1, 2009, MMC adopted the guidance for calculating EPS using the two-class method with retroactive false false false us-types:textBlockItemType textblock Represents disclosure of any changes in an accounting principle, including a change from one generally accepted accounting principle to another generally accepted accounting principle when there are two or more generally accepted accounting principles that apply or when the accounting principle formerly used is no longer generally accepted. Also disclose any change in the method of applying an accounting principle, or any change in an accounting principle required by a new pronouncement in the unusual instance that a new pronouncement does not include specific transition provisions. 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Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 40 -Subparagraph a Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 8 false 69 2 mmc_AverageStockPriceUsedToCalculateCommonStockEquivalents mmc false na duration Average stock price used to calculate common stock equivalents false false false false false false false false false false false label true 1 true true false false 23.16 23.16 false false false 2 true true false false 20.12 20.12 false false false 3 true true false false 23.00 23.00 false false false 4 true true false false 20.23 20.23 false false false us-types:perShareItemType decimal Average stock price used to calculate common stock equivalents No authoritative reference available. false 1 For the three months ended June 30, 2010 earnings per share was more dilutive under the treasury stock method. Therefore, no amounts are allocated to participating securities in this period. 2 For the three and six months ended June 30, 2009, earnings per share was more dilutive under the treasury stock method. Therefore, no amounts are allocated to participating securities in these periods. 4 36 false Millions HundredThousands NoRounding false true XML 70 R17.xml IDEA: Fair Value Measurements 2.2.0.7 false Fair Value Measurements 11001 - Disclosure - Fair Value Measurements true false false false 1 GBP false false Unit15 Standard http://www.xbrl.org/2003/iso4217 GBP iso4217 0 £ 5 3 us-gaap_FairValueDisclosuresTextBlock us-gaap true na duration No definition available. false false false false false false false false false false false false 1 false false false false 0 0 <div> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>10. <u>Fair Value Measurements</u> </b></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><i>Fair Value Hierarchy </i></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">MMC has categorized its assets and liabilities that are valued at fair value on a recurring basis into a three-level fair value hierarchy as defined by the FASB in ASC Topic No.&nbsp;820 ("Fair Value Measurements and Disclosures"). The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets and liabilities (Level 1) and lowest priority to unobservable inputs (Level 3). In some cases, the inputs used to measure fair value might fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Assets and liabilities recorded in the consolidated balance sheets at fair value are categorized based on the inputs in the valuation techniques as follows: </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><i>Level&nbsp;1.</i> Assets and liabilities whose values are based on unadjusted quoted prices for identical assets or liabilities in an active market (examples include active exchange-traded equity securities, most U.S.&nbsp;Government and agency securities, money market mutual funds and certain other sovereign government obligations). </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><i>Level&nbsp;2.</i> Assets and liabilities whose values are based on the following: </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="4%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">a)</font></td> <td valign="top" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Quoted prices for similar assets or liabilities in active markets; </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="4%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">b)</font></td> <td valign="top" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Quoted prices for identical or similar assets or liabilities in non-active markets (examples include corporate and municipal bonds, which trade infrequently); </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="4%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">c)</font></td> <td valign="top" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Pricing models whose inputs are observable for substantially the full term of the asset or liability (examples include most over-the-counter derivatives, including interest rate and currency swaps);&nbsp;and </font></td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 6px;">&nbsp;</p> <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="4%"><font class="_mt" size="1">&nbsp;</font></td> <td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">d)</font></td> <td valign="top" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Pricing models whose inputs are derived principally from or corroborated by observable market data through correlation or other means for substantially the full asset or liability (for example, certain mortgage loans). </font></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><i>Level&nbsp;3.</i> Assets and liabilities whose values are based on prices, or valuation techniques that require inputs that are both unobservable and significant to the overall fair value measurement. </font></p> <p style="margin-top: 0px; margin-bottom: 0px;"><font class="_mt" size="1"> </font>&nbsp;</p> <p style="margin-top: 0px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">These inputs reflect management's own assumptions about the assumptions a market participant would use in pricing the asset or liability (examples include private equity investments, certain commercial mortgage whole loans, and long-dated or complex derivatives including certain foreign exchange options and long-dated options on gas and power). </font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><i>Valuation Techniques </i></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><u>Equity Securities&nbsp;&amp; Mutual Funds </u></font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">Investments for which market quotations are readily available are valued at the sale price on their principal exchange, or official closing bid price for certain markets. If no sales are reported, the security is valued at its last reported bid price. </font></p> <p style="margin-top: 18px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2"><u>Other Sovereign Government Obligations, Municipal Bonds and Corporate Bonds</u> </font></p> <p style="margin-top: 6px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The investments listed in the caption above are valued on the basis of valuations furnished by an independent pricing service approved by the trustees or dealers selected by Putnam Investment Management LLC ("Putnam Management"), manager of the Putnam mutual funds, a wholly owned subsidiary of Putnam LLC. Such services or dealers determine valuations for normal institutional-size trading units of such securities using methods based on market transactions for comparable securities and various relationships, generally recognized by institutional traders, between securities. </font></p> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">The following fair value hierarchy table presents information about the Company's assets and liabilities measured at fair value on a recurring basis as of June&nbsp;30, 2010 and December&nbsp;31, 2009. </font></p> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td width="60%"> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td> <td valign="bottom" width="2%"> </td> <td> </td> <td> </td></tr> <tr><td valign="bottom" nowrap="nowrap"> <p style="border-bottom: #000000 1px solid; width: 74pt;"><font style="font-family: Times New Roman;" class="_mt" size="1"><b><i>(In millions of dollars)</i></b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Identical Assets</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>(Level 1)</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Observable&nbsp;Inputs</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>(Level 2)</b> </font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Unobservable</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Inputs</b></font><br /><font style="font-family: Times New Roman;" class="_mt" size="1"><b>(Level 3)</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="5" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>Total</b></font></td></tr> <tr><td valign="bottom"><font class="_mt" size="1">&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>6/30/10</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>12/31/09</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>6/30/10</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>12/31/09</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>6/30/10</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>12/31/09</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>6/30/10</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" align="center"><font style="font-family: Times New Roman;" class="_mt" size="1"><b>12/31/09</b></font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Assets:</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Financial instruments owned:</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Exchange traded equity securities (a)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">10</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>1</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">10</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Mutual funds (a)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>127</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">141</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b> </b><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b> </b>&#8212;&nbsp;&nbsp; <b> </b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>127</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">141</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Medium term bond funds and fixed income securities (a)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Money market funds (b)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>225</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">448</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>225</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">448</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total assets measured at fair value</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>353</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">599</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">6</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>353</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">605</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>Fiduciary Assets:</b></font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"> </td> <td valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">State and local obligations (including non U.S. locales)</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>99</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">161</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>99</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">161</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Other sovereign government obligations and supranational agencies</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>244</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">370</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b> </b><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b> </b>&#8212;&nbsp;&nbsp; <b> </b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>244</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">370</font></td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Corporate and other debt</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>31</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">46</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>31</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">46</font></td></tr> <tr><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Money market funds</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>338</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">235</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&nbsp;</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>338</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">&nbsp;</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">235</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 1px solid;" valign="bottom">&nbsp;</td></tr> <tr bgcolor="#cceeff"><td valign="top"> <p style="text-indent: -1em; margin-left: 1em;"><font style="font-family: Times New Roman;" class="_mt" size="2">Total fiduciary assets measured at fair value</font></p></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>338</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">235</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>374</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">577</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>&#8212;&nbsp;&nbsp;</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">&#8212;&nbsp;&nbsp;</font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>$</b></font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2"><b>712</b></font></td> <td valign="bottom"><font class="_mt" size="1">&nbsp;&nbsp;</font></td> <td valign="bottom"><font style="font-family: Times New Roman;" class="_mt" size="2">$</font></td> <td valign="bottom" align="right"><font style="font-family: Times New Roman;" class="_mt" size="2">812</font></td></tr> <tr style="font-size: 1px;"><td valign="bottom"> </td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td valign="bottom">&nbsp;&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td> <td style="border-top: #000000 3px double;" valign="bottom">&nbsp;</td></tr></table> <p style="margin-top: 0px; margin-bottom: 0px; font-size: 12px;">&nbsp;</p> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">(a)</font></td> <td class="MetaData" valign="top" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Included in other assets in the consolidated balance sheets. </font></td></tr></table> <table style="border-collapse: collapse;" class="MetaData" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr><td valign="top" width="4%" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">(b)</font></td> <td class="MetaData" valign="top" align="left"><font style="font-family: Times New Roman;" class="_mt" size="2">Included in cash and cash equivalents in the consolidated balance sheets. </font></td></tr></table> <p style="margin-top: 12px; margin-bottom: 0px;"><font style="font-family: Times New Roman;" class="_mt" size="2">There were no assets that transferred between Level 1 and Level 2 between December&nbsp;31, 2009 and June&nbsp;30, 2010. </font></p> </div> 10. Fair Value Measurements Fair Value Hierarchy MMC has categorized its assets and liabilities that are valued at fair value on a recurring basis into a false false false us-types:textBlockItemType textblock This item represents the complete disclosure regarding the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the Company is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risk is are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information. 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