CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 1,604	$ 2,398
Cash and cash equivalents held in a fiduciary capacity	11,579	11,276
Receivables
Commissions and fees	7,215	6,533
Advanced premiums and claims	101	84
Other	713	706
Gross receivables	8,029	7,323
Less-allowance for credit losses	(157)	(167)
Net receivables	7,872	7,156
Other current assets	1,406	1,287
Total current assets	22,461	22,117
Goodwill	23,538	23,306
Other intangible assets	4,736	4,820
Fixed assets (net of accumulated depreciation and amortization of $1,590 at March 31, 2025 and $1,538 at December 31, 2024)	840	859
Pension related assets	2,021	1,914
Right of use assets	1,477	1,498
Deferred tax assets	250	237
Other assets	1,692	1,730
Total assets	57,015	56,481
Current liabilities:
Short-term debt	1,667	519
Accounts payable and accrued liabilities	3,450	3,402
Accrued compensation and employee benefits	1,798	3,620
Current lease liabilities	327	325
Accrued income taxes	554	376
Dividends payable	400	0
Fiduciary liabilities	11,579	11,276
Total current liabilities	19,775	19,518
Long-term debt	18,862	19,428
Pension, post-retirement and post-employment benefits	832	840
Long-term lease liabilities	1,563	1,590
Liabilities for errors and omissions	309	305
Other liabilities	1,406	1,265
Commitments and contingencies	0	0
Equity:
Preferred stock, $1 par value, authorized 6,000,000 shares, none issued	0	0
Common stock, $1 par value, authorized 1,600,000,000 shares, issued 560,641,640 shares at March 31, 2025 and December 31, 2024	561	561
Additional paid-in capital	1,253	1,370
Retained earnings	25,881	25,306
Accumulated other comprehensive loss	(5,896)	(6,240)
Non-controlling interests	203	193
Stockholders' equity before treasury stock	22,002	21,190
Less – treasury shares, at cost, 67,958,159 shares at March 31, 2025 and 69,239,488 shares at December 31, 2024	(7,734)	(7,655)
Total equity	14,268	13,535
Total liabilities and stockholders' equity	$ 57,015	$ 56,481