Marsh & McLennan Companies, Inc.
MMC · NYSE
9/30/2025 | 6/30/2025 | 3/31/2025 | 12/31/2024 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $1,528 | $1,896 | $1,412 | $801 |
| Dep. & Amort. | $326 | $278 | $227 | $201 |
| Deferred Tax | $0 | $0 | $0 | $0 |
| Stock-Based Comp. | $125 | $120 | $112 | $85 |
| Change in WC | -$619 | $29 | -$2,407 | $842 |
| Other Non-Cash | $971 | -$652 | $34 | $27 |
| Operating Cash Flow | $2,331 | $1,671 | -$622 | $1,956 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$33 | -$41 | -$55 | -$76 |
| Net Acquisitions | $437 | $257 | -$18 | -$7,517 |
| Inv. Purchases | -$10 | -$12 | -$10 | -$90 |
| Inv. Sales/Matur. | $83 | $81 | $84 | $38 |
| Other Inv. Act. | -$704 | -$406 | $25 | $0 |
| Investing Cash Flow | -$227 | -$121 | $26 | -$7,645 |
| Financing Activities | – | – | – | – |
| Debt Repay. | -$253 | -$903 | $543 | $7,178 |
| Stock Issued | $0 | $47 | $128 | $43 |
| Stock Repurch. | -$402 | -$300 | -$300 | $177 |
| Dividends Paid | -$499 | -$406 | -$405 | -$403 |
| Other Fin. Act. | $152 | -$133 | -$104 | -$720 |
| Financing Cash Flow | -$1,002 | -$1,695 | -$138 | $6,275 |
| Forex Effect | -$268 | $218 | $243 | -$633 |
| Net Chg. in Cash | $834 | $73 | -$491 | -$47 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $13,721 | $1,604 | $13,674 | $13,721 |
| End Cash | $14,512 | $1,677 | $13,183 | $13,674 |
| Free Cash Flow | $2,298 | $1,612 | -$677 | $1,880 |