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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 931 $ 1,030
Fiduciary assets 13,146 12,155
Accounts receivable, net 2,132 2,246
Prepaid and other current assets 547 430
Total current assets 16,756 15,861
Fixed assets, net 944 985
Goodwill 10,457 10,519
Other intangible assets, net 3,429 3,882
Pension benefits assets 955 764
Other non-current assets 500 447
Total non-current assets 16,285 16,597
TOTAL ASSETS 33,041 32,458
LIABILITIES AND EQUITY    
Fiduciary liabilities 13,146 12,155
Deferred revenue and accrued expenses 1,465 1,711
Short-term debt and current portion of long-term debt 186 85
Other current liabilities 758 804
Total current liabilities 15,555 14,755
Long-term debt 4,498 4,450
Liability for pension benefits 1,087 1,259
Deferred tax liabilities 678 615
Provision for liabilities 585 558
Other non-current liabilities 448 544
Total non-current liabilities 7,296 7,426
TOTAL LIABILITIES 22,851 22,181
COMMITMENTS AND CONTINGENCIES
REDEEMABLE NON-CONTROLLING INTEREST 27 28
EQUITY (i)    
Additional paid-in capital [1] 10,577 10,538
Retained earnings [1] 1,102 1,104
Accumulated other comprehensive loss, net of tax [1] (1,627) (1,513)
Treasury shares, at cost, 17,519 shares in 2018 and 2017, and 40,000 shares, €1 nominal value, in 2018 and 2017 [1] (3) (3)
Total Willis Towers Watson shareholders’ equity [1] 10,049 10,126
Non-controlling interests [1] 114 123
Total equity [1] 10,163 10,249
TOTAL LIABILITIES AND EQUITY [1] $ 33,041 $ 32,458
[1] Equity includes (a) Ordinary shares $0.000304635 nominal value; Authorized 1,510,003,775; Issued 129,912,918 (2018) and 132,139,581 (2017); Outstanding 129,912,918 (2018) and 132,139,581 (2017); (b) Ordinary shares, €1 nominal value; Authorized and Issued 40,000 shares in 2018 and 2017; and (c) Preference shares, $0.000115 nominal value; Authorized 1,000,000,000 and Issued none in 2018 and 2017.