XML 14 R2.htm IDEA: XBRL DOCUMENT v3.24.2
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue        
Total revenue $ 3,760 $ 3,177 $ 7,830 $ 7,048
Expenses        
Compensation and benefits 2,130 1,754 4,013 3,546
Information technology 132 129 256 268
Premises 82 68 153 143
Depreciation of fixed assets 45 39 89 77
Amortization and impairment of intangible assets 128 25 144 50
Other general expense 455 320 803 649
Accelerating Aon United Program expenses 132 0 251 0
Total operating expenses 3,104 2,335 5,709 4,733
Operating income 656 842 2,121 2,315
Interest income 31 5 59 10
Interest expense (225) (130) (369) (241)
Other income (expense) 236 (59) 311 (84)
Income before income taxes 698 658 2,122 2,000
Income tax expense 160 83 491 346
Net income 538 575 1,631 1,654
Less: Net income attributable to redeemable and non-redeemable noncontrolling interests 14 15 36 44
Net income attributable to Aon shareholders $ 524 $ 560 $ 1,595 $ 1,610
Basic net income per share attributable to Aon shareholders (in dollars per share) $ 2.47 $ 2.74 $ 7.75 $ 7.84
Diluted net income per share attributable to Aon shareholders (in dollars per share) $ 2.46 $ 2.71 $ 7.72 $ 7.79
Weighted average ordinary shares outstanding - basic (in shares) 212.5 204.7 205.8 205.4
Weighted average ordinary shares outstanding - diluted (in shares) 213.3 206.3 206.7 206.7