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Consolidated Balance Sheets
In Millions, unless otherwise specified
Dec. 31, 2011
USD ($)
Dec. 31, 2010
USD ($)
Dec. 31, 2011
Nominal Value in Dollars [Member]
USD ($)
Dec. 31, 2010
Nominal Value in Dollars [Member]
USD ($)
Dec. 31, 2011
Nominal Value in Euros [Member]
EUR (€)
Dec. 31, 2010
Nominal Value in Euros [Member]
EUR (€)
CURRENT ASSETS            
Cash and cash equivalents $ 436 $ 316        
Accounts receivable, net 910 839        
Fiduciary assets 9,338 9,569        
Deferred tax assets 44 36        
Other current assets 259 340        
Total current assets 10,987 11,100        
NON-CURRENT ASSETS            
Fixed assets, net 406 381        
Goodwill 3,295 3,294        
Other intangible assets, net 420 492        
Investments in associates 170 161        
Deferred tax assets 22 7        
Pension benefits asset 145 182        
Other non-current assets 283 233        
Total non-current assets 4,741 4,750        
TOTAL ASSETS 15,728 15,850        
CURRENT LIABILITIES            
Fiduciary liabilities 9,338 9,569        
Deferred revenue and accrued expenses 320 298        
Income taxes payable 15 57        
Short-term debt and current portion of long-term debt 15 110        
Deferred tax liabilities 26 9        
Other current liabilities 282 266        
Total current liabilities 9,996 10,309        
NON-CURRENT LIABILITIES            
Long-term debt 2,354 2,157        
Liability for pension benefits 270 167        
Deferred tax liabilities 32 83        
Provisions for liabilities 196 179        
Other non-current liabilities 363 347        
Total non-current liabilities 3,215 2,933        
Total liabilities 13,211 13,242        
COMMITMENTS AND CONTINGENCIES              
EQUITY            
Ordinary shares, $0.000115 nominal value; Authorized: 4,000,000,000; Issued 173,829,693 shares in 2011 and 170,883,865 shares in 2010 / Ordinary shares, EUR1 nominal value; Authorized: 40,000; Issued 40,000 shares in 2011 and 2010                
Preference shares, $0.000115 nominal value; Authorized:1,000,000,000; Issued nil shares in 2011 and 2010              
Additional paid-in capital 1,073 985        
Retained earnings 2,160 2,136        
Accumulated other comprehensive loss, net of tax (744) (541)        
Treasury shares, at cost, 46,408 shares in 2011 and 2010 and 40,000 shares, EUR1 nominal value, in 2011 and 2010 (3) (3)        
Total Willis Group Holdings shareholders' equity 2,486 2,577        
Noncontrolling interests 31 31        
Total equity 2,517 2,608        
TOTAL LIABILITIES AND EQUITY $ 15,728 $ 15,850