For the year ending 2025-12-31, MRSH has $58,710M in assets. $2,687M in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 2,687 | 2,398 | 3,358 | 1,442 |
| Cash and cash equivalents held in a fiduciary capacity | 11,473 | 11,276 | 10,794 | - |
| Commissions and fees | 7,015 | 6,533 | 5,806 | 5,293 |
| Advanced premiums and claims | 67 | 84 | 103 | 103 |
| Other | 750 | 706 | 660 | 616 |
| Gross receivables | 7,832 | 7,323 | 6,569 | 6,012 |
| Less allowance for credit losses | 162 | 167 | 151 | 160 |
| Net receivables | 7,670 | 7,156 | 6,418 | 5,852 |
| Other current assets | 1,370 | 1,287 | 1,178 | 1,005 |
| Total current assets | 23,200 | 22,117 | 21,748 | 8,299 |
| Goodwill | 24,337 | 23,306 | 17,231 | 16,251 |
| Other intangible assets | 4,746 | 4,820 | 2,630 | 2,537 |
| Fixed assets, net | 829 | 859 | 882 | 871 |
| Pension related assets | 2,140 | 1,914 | 2,051 | 2,127 |
| Right of use assets | 1,460 | 1,498 | 1,541 | 1,562 |
| Deferred tax assets | 212 | 237 | 357 | 358 |
| Other assets | 1,786 | 1,730 | 1,590 | 1,449 |
| Total assets | 58,710 | 56,481 | 48,030 | 33,454 |
| Short-term debt | 1,267 | 519 | 1,619 | 268 |
| Accounts payable and accrued liabilities | 3,652 | 3,402 | 3,403 | 3,278 |
| Accrued compensation and employee benefits | 3,962 | 3,620 | 3,346 | 3,095 |
| Current lease liabilities | 333 | 325 | 312 | 310 |
| Accrued income taxes | 373 | 376 | 321 | 221 |
| Fiduciary liabilities | 11,473 | 11,276 | 10,794 | - |
| Total current liabilities | 21,060 | 19,518 | 19,795 | 7,172 |
| Fiduciary liabilities | - | - | - | 10,660 |
| Less - cash and cash equivalents held in a fiduciary capacity | - | - | - | 10,660 |
| Fiduciary liabilities, net | - | - | - | 0 |
| Long-term debt | 18,320 | 19,428 | 11,844 | 11,227 |
| Pension, post-retirement and post-employment benefits | 786 | 840 | 779 | 921 |
| Long-term lease liabilities | 1,529 | 1,590 | 1,661 | 1,667 |
| Liability for errors and omissions | 288 | 305 | 314 | 355 |
| Other liabilities | 1,412 | 1,265 | 1,267 | 1,363 |
| Preferred stock, 1 par value, authorized 6,000,000 shares, none issued | 0 | 0 | 0 | 0 |
| Common stock, 1 par value, authorized 1,600,000,000 shares, issued 560,641,640 shares at december31, 2025 and 2024 | 561 | 561 | 561 | 561 |
| Additional paid-in capital | 1,547 | 1,370 | 1,242 | 1,179 |
| Retained earnings | 27,767 | 25,306 | 22,759 | 20,301 |
| Accumulated other comprehensive loss | -5,429 | -6,240 | -5,295 | -5,314 |
| Non-controlling interests | 215 | 193 | 179 | 229 |
| Stockholders equity subtotal before treasury stock | 24,661 | 21,190 | 19,446 | 16,956 |
| Less treasury shares, at cost, 75,783,063 shares at december31, 2025 and 69,239,488 shares at december31, 2024 | 9,346 | 7,655 | 7,076 | 6,207 |
| Total equity | 15,315 | 13,535 | 12,370 | 10,749 |
| Total liabilities and stockholders' equity | 58,710 | 56,481 | 48,030 | 33,454 |
MARSH & MCLENNAN COMPANIES, INC. (MRSH)
MARSH & MCLENNAN COMPANIES, INC. (MRSH)