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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2012
Goodwill and Other Intangible Assets  
Schedule of changes in the net carrying amount of goodwill by operating segment

(in millions)

.

Risk
Solutions

HR
Solutions

Total

Balance as of December31, 2011

$

5,557

$

3,213

$

8,770

Goodwill related to current year acquisitions

55

5

60

Goodwill related to other prior year acquisitions

(6

)

-

(6

)

Transfer related to Health and Benefits Consulting (1)

313

(313

)

-

Foreign currency translation

18

14

32

Balance as of September30, 2012

$

5,937

$

2,919

$

8,856

(1) Effective January1, 2012, the Health and Benefits Consulting business was transferred from the HR Solutions segment to the Risk Solutions segment.

Schedule of other intangible assets by asset class

September30,2012

December31,2011

(in millions)

Gross
Carrying
Amount

Accumulated
Amortization

NetCarrying
Amount

Gross
Carrying
Amount

Accumulated
Amortization

Net
Carrying
Amount

Intangible assets with indefinite lives:

Trademarks

$

1,024

$

-

$

1,024

$

1,024

$

-

$

1,024

Intangible assets with finite lives:

Trademarks

6

2

4

4

1

3

Customer related and contract based

2,671

874

1,797

2,608

615

1,993

Marketing, technology and other

609

394

215

606

350

256

$

4,310

$

1,270

$

3,040

$

4,242

$

966

$

3,276

Schedule of estimated future amortization expense on intangible assets

(in millions)

HRSolutions

RiskSolutions

Total

Remainder of 2012

$

76

$

32

$

108

2013

278

112

390

2014

240

96

336

2015

210

82

292

2016

175

70

245

Thereafter

478

167

645

$

1,457

$

559

$

2,016