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Acquisitions and Dispositions of Businesses (Tables)
 12 Months Ended
Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Consideration Transferred and Preliminary Value of Intangible Assets The following table includes these amounts recognized as a result of the Company’s acquisitions (in millions):
Year Ended December 31, 2024
NFP AcquisitionOther AcquisitionsTotal
Consideration transferred:
Cash$3,247 $467 $3,714 
Deferred, contingent, and other consideration— 33 33 
Class A ordinary shares issued5,882 — 5,882 
Aggregate consideration transferred$9,129 $500 $9,629 
Assets acquired:
Cash and cash equivalents$294 $17 $311 
Receivables328 30 358 
Fiduciary assets (1)
411 52 463 
Goodwill6,867 258 7,125 
Other intangible assets:
Customer-related and contract-based5,950 262 6,212 
Tradenames800 1 801 
Technology and other25 2 27 
Operating lease right-of-use assets138 4 142 
Current assets 82 2 84 
Non-current assets88 2 90 
Total assets acquired14,983 630 15,613 
Liabilities assumed:
Accounts payable and accrued liabilities$283 $33 $316 
Fiduciary liabilities411 52 463 
Current liabilities242 8 250 
Long-term debt3,422 — 3,422 
Non-current operating lease liabilities125 4 129 
Deferred tax liabilities (2)
1,026 31 1,057 
Non-current liabilities152 2 154 
Total liabilities assumed5,661 130 5,791 
Less: Fair value of redeemable noncontrolling interests (3)
(108)— (108)
Less: Fair value of nonredeemable noncontrolling interests (85)— (85)
Net assets acquired$9,129 $500 $9,629 
(1)Includes $312 million of funds held on behalf of clients.
(2)As of December 31, 2024, the NFP deferred tax liability related to the US has been netted with the Aon deferred tax asset related to the US and presented as a net deferred tax asset on the Consolidated Statements of Financial Position.
(3)The fair value of the noncontrolling interests acquired was estimated using a DCF model under the income approach and used estimated financial projections developed by management applying market participant assumptions.
Schedule of Pro Forma Information The following table presents the NFP revenue and earnings as reported in the Company’s Consolidated Statements of Income (in millions):
Year Ended December 31, 2024
Revenue$1,707 
Net loss attributable to Aon shareholders$— 
The unaudited pro forma financial information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved if the NFP Transaction had taken place on the date indicated or of results that may occur in the future (in millions):
Year Ended December 31,
20242023
Revenue$16,397 $15,579 
Net income attributable to Aon shareholders2,461 1,958