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Acquisitions and Divestitures (Tables)
6 Months Ended
Jun. 30, 2022
Business Combinations [Abstract]  
Schedule of Selected Financial Information

The following selected financial information relates to the operations of Willis Re for the periods presented:

 

 

 

Three Months Ended
 June 30,

 

 

Six Months Ended
 June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Revenue from discontinued operations

 

$

12

 

 

$

195

 

 

$

40

 

 

$

557

 

Costs of providing services

 

 

 

 

 

 

 

 

 

 

 

 

Salaries and benefits

 

 

2

 

 

 

90

 

 

 

8

 

 

 

194

 

Other operating expenses

 

 

1

 

 

 

14

 

 

 

1

 

 

 

31

 

Amortization

 

 

 

 

 

1

 

 

 

 

 

 

1

 

Total costs of providing services

 

 

3

 

 

 

105

 

 

 

9

 

 

 

226

 

Other income, net

 

 

 

 

 

 

 

 

 

 

 

1

 

Income from discontinued operations before income taxes

 

 

9

 

 

 

90

 

 

 

31

 

 

 

332

 

Adjustment to gain on disposal of Willis Re

 

 

(61

)

 

 

 

 

 

(63

)

 

 

 

Benefit from/(provision for) income taxes

 

 

5

 

 

 

(21

)

 

 

2

 

 

 

(73

)

Net income receivable/(payable) to Gallagher on Deferred
   Closing

 

 

1

 

 

 

 

 

 

(5

)

 

 

 

(Loss)/income from discontinued operations, net of tax

 

$

(46

)

 

$

69

 

 

$

(35

)

 

$

259