Marsh & McLennan Companies, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $2.69B | $2.40B | $3.36B | $1.44B | $1.75B | $2.09B | $1.16B | $1.07B |
| Accounts Receivable | $7.67B | $7.16B | $6.42B | $5.85B | $5.59B | $5.33B | $5.24B | $4.32B |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $23.20B | $22.12B | $21.75B | $18.96B | $8.26B | $8.16B | $7.07B | $5.93B |
| Property, Plant & Equipment | $829.0M | $859.0M | $882.0M | $871.0M | $847.0M | $856.0M | $858.0M | $701.0M |
| Goodwill | $24.34B | $23.31B | $17.23B | $16.25B | $16.32B | $15.52B | $14.67B | $9.60B |
| Intangible Assets (Excl. Goodwill) | $4.75B | $4.82B | $2.63B | $2.54B | $2.81B | $2.70B | $2.77B | $1.44B |
| Total Assets | $58.71B | $56.48B | $48.03B | $44.11B | $44.01B | $33.05B | $31.36B | $21.58B |
| Liabilities | ||||||||
| Accounts Payable | $3.65B | $3.40B | $3.40B | $3.28B | $3.17B | $3.05B | $2.75B | $2.23B |
| Total Current Liabilities | $21.06B | $19.52B | $19.80B | $17.83B | $6.65B | $6.56B | $6.68B | $4.92B |
| Long-Term Debt | $18.32B | $19.43B | $11.84B | $11.23B | $10.93B | $10.80B | $10.74B | $5.51B |
| Total Liabilities | $43.40B | $42.95B | $35.66B | $33.37B | $32.79B | $23.79B | $23.41B | $13.99B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $27.77B | $25.31B | $22.76B | $20.30B | $18.39B | $16.27B | $15.20B | $14.35B |
| Total Stockholders' Equity | $15.32B | $13.54B | $12.37B | $10.75B | $11.22B | $9.26B | $7.94B | $7.58B |