XML 41 R34.htm IDEA: XBRL DOCUMENT v3.24.3

Commitments, Contingencies and Off-Balance Sheet Arrangements (Tables)

9 Months Ended

Sep. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

Contractual Obligations

Our future minimum cash payments, including interest, associated with our contractual obligations pursuant to the Senior Notes, Note Purchase Agreements, Credit Agreement, Premium Financing Debt Facility, operating leases and purchase obligations at September 30, 2024 were as follows (in millions):

		Payments Due by Period
Contractual Obligations		2024				2025				2026				2027				2028				Thereafter				Total
Senior Notes		$	—			$	—			$	—			$	—			$	—			$	4,550.0			$	4,550.0
Note Purchase Agreements			—				200.0				640.0				478.0				200.0				2,005.0				3,523.0
Credit Agreement			—				—				—				—				—				—				—
Premium Financing Debt Facility			259.9				—				—				—				—				—				259.9
Interest on debt			56.1				374.0				355.0				336.7				317.2				4,285.8				5,724.8
Total debt obligations			316.0				574.0				995.0				814.7				517.2				10,840.8				14,057.7
Operating lease obligations			23.1				115.8				96.4				77.8				58.3				96.6				468.0
Less sublease arrangements			(0.6	)			(1.8	)			(1.7	)			(1.6	)			(1.1	)			(0.8	)			(7.6	)
Outstanding purchase obligations			31.5				87.5				49.6				37.8				22.2				65.2				293.8
Total contractual obligations		$	370.0			$	775.5			$	1,139.3			$	928.7			$	596.6			$	11,001.8			$	14,811.9

Off-Balance Sheet Commitments

Off-Balance Sheet Commitments - Our total unrecorded commitments associated with outstanding letters of credit, financial guarantees and funding commitments as of September 30, 2024 were as follows (in millions):

																										Total
		Amount of Commitment Expiration by Period																								Amounts
Off-Balance Sheet Commitments		2024				2025				2026				2027				2028				Thereafter				Committed
Letters of credit		$	—			$	—			$	—			$	—			$	—			$	23.1			$	23.1
Financial guarantees			0.8				—				—				—				—				15.5				16.3
Funding commitments			2.4				—				—				—				—				—				2.4
Total commitments		$	3.2			$	—			$	—			$	—			$	—			$	38.6			$	41.8

X

- Definition

Schedule Of Off-Balance Sheet Commitments [Table Text Block]

+ References

No definition available.

+ Details

Name:	ajg_ScheduleOfOffBalanceSheetCommitmentsTableTextBlock
Namespace Prefix:	ajg_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of unconditional purchase obligation recognized as liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 440
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482648/440-10-50-6

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-1

+ Details

Name:	us-gaap_RecordedUnconditionalPurchaseObligationsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration