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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue        
Total revenue $ 3,721 $ 2,953 $ 11,551 $ 10,001
Expenses        
Compensation and benefits 2,150 1,685 6,163 5,231
Information technology 141 135 397 403
Premises 88 74 241 217
Depreciation of fixed assets 47 42 136 119
Amortization and impairment of intangible assets 174 20 318 70
Other general expense 429 300 1,232 949
Accelerating Aon United Program expenses 69 6 320 6
Total operating expenses 3,098 2,262 8,807 6,995
Operating income 623 691 2,744 3,006
Interest income 4 9 63 19
Interest expense (213) (119) (582) (360)
Other income (expense) 35 (21) 346 (105)
Income before income taxes 449 560 2,571 2,560
Income tax expense 94 93 585 439
Net income 355 467 1,986 2,121
Less: Net income attributable to redeemable and non-redeemable noncontrolling interests 12 11 48 55
Net income attributable to Aon shareholders $ 343 $ 456 $ 1,938 $ 2,066
Basic net income per share attributable to Aon shareholders (in dollars per share) $ 1.58 $ 2.25 $ 9.24 $ 10.10
Diluted net income per share attributable to Aon shareholders (in dollars per share) $ 1.57 $ 2.23 $ 9.20 $ 10.03
Weighted average ordinary shares outstanding - basic (in shares) 217.4 202.9 209.7 204.6
Weighted average ordinary shares outstanding - diluted (in shares) 218.4 204.6 210.6 206.0