Segment Information (Tables)

9 Months Ended

Sep. 30, 2012

Segment Information

Schedule of total revenue by business segments

	ThreemonthsendedSeptember30,						NinemonthsendedSeptember30,
(in millions)	2012			2011			2012			2011
Risk Solutions	$	1,778		$	1,772		$	5,582		$	5,535
HR Solutions	971			957			2,847			2,778
Intersegment elimination	(12		)	(6		)	(30		)	(20		)
Total revenue	$	2,737		$	2,723		$	8,399		$	8,293

Schedule of commissions, fees and other revenues by products

	ThreemonthsendedSeptember30,						NinemonthsendedSeptember30,
(in millions)	2012			2011			2012			2011
Retail brokerage	$	1,390		$	1,392		$	4,395		$	4,378
Reinsurance brokerage	377			365			1,156			1,119
Total Risk Solutions Segment	1,767			1,757			5,551			5,497
Consulting services	394			403			1,140			1,141
Outsourcing	585			558			1,723			1,655
Intrasegment	(8		)	(4		)	(16		)	(18		)
Total HR Solutions Segment	971			957			2,847			2,778
Intersegment	(12		)	(6		)	(30		)	(20		)
Total commissions, fees and other revenue	$	2,726		$	2,708		$	8,368		$	8,255

Schedule of fiduciary investment income by business segments

	ThreemonthsendedSeptember30,				NinemonthsendedSeptember30,
(in millions)	2012		2011		2012		2011
Risk Solutions	$	11	$	15	$	31	$	38
HR Solutions	-		-		-		-
Total fiduciary investment income	$	11	$	15	$	31	$	38

Schedule of reconciliation of segment income before tax to income from continuing operations before income taxes

	ThreemonthsendedSeptember30,						NinemonthsendedSeptember30,
(in millions)	2012			2011			2012			2011
Risk Solutions	$	309		$	311		$	1,059		$	1,036
HR Solutions	80			61			211			239
Segment income from continuing operations before income taxes	389			372			1,270			1,275
Unallocated expenses	(50		)	(44		)	(135		)	(109		)
Interest income	1			4			6			14
Interest expense	(57		)	(60		)	(173		)	(186		)
Other (expense) income	(9		)	20			3			6
Income from continuing operations before income taxes	$	274		$	292		$	971		$	1,000