XML 52 R41.htm IDEA: XBRL DOCUMENT v3.19.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information by Segment
 
 
 
Three-month period
 
 
 
ended March 31,
 
 
 
2019
 
 
2018
 
Brokerage
 
 
 
 
 
 
 
 
Total revenues
 
$
1,381.9
 
 
$
1,195.6
 
Earnings before income taxes
 
$
412.4
 
 
$
318.9
 
Identifiable assets at March 31, 2019 and 2018
 
$
15,981.8
 
 
$
13,784.2
 
Risk Management
 
 
 
 
 
 
 
 
Total revenues
 
$
236.4
 
 
$
229.9
 
Earnings before income taxes
 
$
22.0
 
 
$
21.6
 
Identifiable assets at March 31, 2019 and 2018
 
$
806.6
 
 
$
735.9
 
Corporate
 
 
 
 
 
 
 
 
Total revenues
 
$
372.3
 
 
$
412.2
 
Loss before income taxes
 
$
(112.6
)
 
$
(98.2
)
Identifiable assets at March 31, 2019 and 2018
 
$
1,843.0
 
 
$
1,607.4
 
Summary of Revenues by Type and Segment
Revenues by type and segment for the three-month period ended March 31, 2019 are as follows (in millions):
 
 
 
Brokerage
 
 
Risk

Management
 
 
Corporate
 
 
Total
 
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commissions
 
$
940.4
 
 
$
 
 
$
 
 
$
940.4
 
Fees
 
 
261.8
 
 
 
202.9
 
 
 
 
 
 
464.7
 
Supplemental revenues
 
 
56.7
 
 
 
 
 
 
 
 
 
56.7
 
Contingent revenues
 
 
48.0
 
 
 
 
 
 
 
 
 
48.0
 
Investment income
 
 
17.9
 
 
 
0.4
 
 
 
 
 
 
18.3
 
Net gains on divestitures
 
 
57.1
 
 
 
 
 
 
 
 
 
57.1
 
Revenues from clean coal activities
 
 
 
 
 
 
 
 
372.3
 
 
 
372.3
 
Revenues before reimbursements
 
 
1,381.9
 
 
 
203.3
 
 
 
372.3
 
 
 
1,957.5
 
Reimbursements
 
 
 
 
 
33.1
 
 
 
 
 
 
33.1
 
Total revenues
 
$
1,381.9
 
 
$
236.4
 
 
$
372.3
 
 
$
1,990.6
 
Revenues by type and segment for the three-month period ended March 31, 2018 are as follows (in millions):
 
 
 
Brokerage
 
 
Risk

Management
 
 
Corporate
 
 
Total
 
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commissions
 
$
839.4
 
 
$
 
 
$
 
 
$
839.4
 
Fees
 
 
253.2
 
 
 
194.9
 
 
 
 
 
 
448.1
 
Supplemental revenues
 
 
52.0
 
 
 
 
 
 
 
 
 
52.0
 
Contingent revenues
 
 
34.9
 
 
 
 
 
 
 
 
 
34.9
 
Investment income
 
 
13.2
 
 
 
0.2
 
 
 
 
 
 
13.4
 
Net gains on divestitures
 
 
2.9
 
 
 
 
 
 
 
 
 
2.9
 
Revenues from clean coal activities
 
 
 
 
 
 
 
 
412.2
 
 
 
412.2
 
Revenues before reimbursements
 
 
1,195.6
 
 
 
195.1
 
 
 
412.2
 
 
 
1,802.9
 
Reimbursements
 
 
 
 
 
34.8
 
 
 
 
 
 
34.8
 
Total revenues
 
$
1,195.6
 
 
$
229.9
 
 
$
412.2
 
 
$
1,837.7
 
Summary of Geographical Location and Segment
Revenues by geographical location and segment for the three-month period ended March 31, 2019 are as follows (in millions):
 
 
 
Brokerage
 
 
Risk

Management
 
 
Corporate
 
 
Total
 
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United States
 
$
1,006.5
 
 
$
198.5
 
 
$
372.3
 
 
$
1,577.3
 
United Kingdom
 
 
203.6
 
 
 
10.2
 
 
 
 
 
 
213.8
 
Australia
 
 
46.0
 
 
 
22.5
 
 
 
 
 
 
68.5
 
Canada
 
 
57.3
 
 
 
1.2
 
 
 
 
 
 
58.5
 
New Zealand
 
 
30.3
 
 
 
4.0
 
 
 
 
 
 
34.3
 
Other foreign
 
 
38.2
 
 
 
 
 
 
 
 
 
38.2
 
Total revenues
 
$
1,381.9
 
 
$
236.4
 
 
$
372.3
 
 
$
1,990.6
 
Revenues by geographical location and segment for the three-month period ended March 31, 2018 are as follows (in millions):
 
 
 
Brokerage
 
 
Risk

Management
 
 
Corporate
 
 
Total
 
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United States
 
$
852.8
 
 
$
192.7
 
 
$
412.2
 
 
$
1,457.7
 
United Kingdom
 
 
191.0
 
 
 
9.0
 
 
 
 
 
 
200.0
 
Australia
 
 
43.6
 
 
 
23.7
 
 
 
 
 
 
67.3
 
Canada
 
 
42.8
 
 
 
1.0
 
 
 
 
 
 
43.8
 
New Zealand
 
 
30.1
 
 
 
3.5
 
 
 
 
 
 
33.6
 
Other foreign
 
 
35.3
 
 
 
 
 
 
 
 
 
35.3
 
Total revenues
 
$
1,195.6
 
 
$
229.9
 
 
$
412.2
 
 
$
1,837.7