XML 46 R34.htm IDEA: XBRL DOCUMENT v3.8.0.1
Employee Benefits (Tables)
9 Months Ended
Sep. 30, 2017
Retirement Benefits [Abstract]  
Components of net periodic benefit cost for the pension plans
The following table provides the components of the net periodic cost (benefit) recognized in the Condensed Consolidated Statements of Income in Compensation and benefits for Aon’s material U.K., U.S., and other significant international pension plans located in the Netherlands and Canada (in millions):
 
Three months ended September 30
 
U.K.
 
U.S.
 
Other
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
Service cost
$

 
$

 
$

 
$

 
$

 
$

Interest cost
31

 
37

 
24

 
28

 
7

 
7

Expected return on plan assets, net of administration expenses
(50
)
 
(58
)
 
(34
)
 
(39
)
 
(13
)
 
(12
)
Amortization of prior-service cost

 

 

 
1

 

 

Amortization of net actuarial loss
8

 
7

 
13

 
12

 
3

 
3

Net periodic cost (benefit)
$
(11
)
 
$
(14
)
 
$
3

 
$
2

 
$
(3
)
 
$
(2
)
Loss on pension settlement

 

 

 

 

 

Total net periodic cost (benefit)
$
(11
)

$
(14
)

$
3


$
2


$
(3
)

$
(2
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine months ended September 30
 
U.K.
 
U.S.
 
Other
 
2017
 
2016
 
2017
 
2016
 
2017
 
2016
Service cost
$

 
$

 
$

 
$

 
$

 
$

Interest cost
91

 
123

 
72

 
83

 
19

 
21

Expected return on plan assets, net of administration expenses
(147
)
 
(187
)
 
(104
)
 
(117
)
 
(35
)
 
(36
)
Amortization of prior-service cost

 
1

 
1

 
2

 

 

Amortization of net actuarial loss
23

 
24

 
38

 
37

 
9

 
8

Net periodic cost (benefit)
$
(33
)
 
$
(39
)
 
$
7

 
$
5

 
$
(7
)
 
$
(7
)
Loss on pension settlement

 
61

 

 

 

 

Total net periodic cost (benefit)
$
(33
)
 
$
22

 
$
7

 
$
5

 
$
(7
)
 
$
(7
)