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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
REVENUES      
Commissions and fees $ 3,767 $ 3,633 $ 3,458
Gross Investment Income, Operating 16 15 18
Other income 19 7 4
Total revenues 3,802 3,655 3,480
EXPENSES      
Salaries and benefits (2,314) (2,207) (2,475)
Other operating expenses (659) (636) (600)
Depreciation expense (92) (94) (79)
Amortization of intangible assets (54) (55) (59)
Goodwill impairment charge 0 0 (492)
Restructuring Costs (36) 0 0
Total expenses (3,155) (2,992) (3,705)
OPERATING (LOSS) INCOME 647 663 (225)
Other Nonoperating Income (Expense) 6 22 16
Loss on extinguishment of debt 0 (60) 0
Interest expense (135) (126) (128)
(Loss) Income from continuing operations before income taxes and interest in earnings of associates 518 499 (337)
Income taxes (159) (122) (101)
(LOSS) INCOME FROM CONTINUING OPERATIONS BEFORE INTEREST IN EARNINGS OF ASSOCIATES 359 377 (438)
Interest in earnings of associates, net of tax 14 0 5
Net income (loss) 373 377 (433)
Less: net income attributable to noncontrolling interests (11) (12) (13)
NET (INCOME) LOSS ATTRIBUTABLE TO WILLIS GROUP HOLDINGS 362 365 (446)
AMOUNTS ATTRIBUTABLE TO WILLIS GROUP HOLDINGS SHAREHOLDERS      
NET (INCOME) LOSS ATTRIBUTABLE TO WILLIS GROUP HOLDINGS $ 362 $ 365 $ (446)
BASIC EARNINGS PER SHARE      
— Continuing operations $ 2.03 $ 2.07 $ (2.58)
DILUTED EARNINGS PER SHARE      
— Continuing operations 2.00 2.04 (2.58)
CASH DIVIDENDS DECLARED PER SHARE $ 1.2 $ 1.12 $ 1.08