Accelerating Aon United Program (Tables)

9 Months Ended

Sep. 30, 2024

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Liabilities for the Program

The changes in the Company’s liabilities for the Program as of September 30, 2024 are as follows (in millions):

	Technology and other		Workforce optimization		Asset impairments		Total
Liability balance as of January 1, 2024	$	14	$	86	$	—	$	100
Charges	87		173		60		320
Cash payments	(63)		(120)		—		(183)
Foreign currency translation and other	—		2		—		2
Non-cash charges (1)	(24)		(10)		(60)		(94)
Liability balance as of September 30, 2024	$	14	$	131	$	—	$	145
Total costs incurred from inception to date	$	101	$	276	$	78	$	455

(1)During the three and nine months ended September 30, 2024, the Company recognized $4 million and $24 million, respectively, of accelerated ROU asset amortization or impairments due to the Company’s decision to exit certain leased properties as a result of the Program. The amounts are presented in Technology and other, where the corresponding liability is reflected within Other current liabilities and Non-current operating lease liabilities, which will ultimately be settled in cash.