Marsh & McLennan Companies, Inc.
MMC · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $4,060 | $3,802 | $3,087 | $3,174 |
| Dep. & Amort. | $746 | $713 | $719 | $747 |
| Deferred Tax | $0 | $0 | $0 | -$63 |
| Stock-Based Comp. | $368 | $363 | $367 | $348 |
| Change in WC | -$1,075 | -$908 | -$1,012 | -$645 |
| Other Non-Cash | $203 | $288 | $304 | -$45 |
| Operating Cash Flow | $4,302 | $4,258 | $3,465 | $3,516 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$316 | -$416 | -$470 | -$406 |
| Net Acquisitions | -$8,453 | -$993 | -$453 | -$775 |
| Inv. Purchases | -$108 | -$57 | -$13 | $406 |
| Inv. Sales/Matur. | $55 | $38 | $86 | $17 |
| Other Inv. Act. | $1 | $11 | $0 | -$406 |
| Investing Cash Flow | -$8,821 | -$1,417 | -$850 | -$1,164 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $6,553 | $1,903 | $619 | -$273 |
| Stock Issued | $264 | $199 | $126 | $161 |
| Stock Repurch. | -$900 | -$1,150 | -$1,950 | -$1,159 |
| Dividends Paid | -$1,513 | -$1,298 | -$1,138 | -$1,026 |
| Other Fin. Act. | $51 | -$773 | $1,297 | $1,000 |
| Financing Cash Flow | $4,455 | -$1,119 | -$1,046 | -$1,297 |
| Forex Effect | -$414 | $328 | -$841 | -$355 |
| Net Chg. in Cash | -$478 | $2,050 | $728 | $700 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $14,152 | $12,102 | $11,374 | $10,674 |
| End Cash | $13,674 | $14,152 | $12,102 | $11,374 |
| Free Cash Flow | $3,986 | $3,842 | $2,995 | $3,110 |