8-KEarnings & ResultsExhibits & Filings

Aon plc 8-K Report, Financial Results (Jul 27, 2018)

Filed July 27, 2018For Securities:AON

Summary

Aon plc filed an 8-K on July 27, 2018, to report its financial results for the second quarter ended June 30, 2018. The filing primarily directs investors to a press release (Exhibit 99.1) containing these results, rather than providing detailed financial statements directly within the 8-K. Investors should review this press release for Aon's performance metrics, including revenue, profitability, and any segment-specific details for the quarter. Additionally, the filing includes Exhibit 99.2, which details the impact of adopting Accounting Standards Codification (ASC) 606 on the company's U.S. GAAP financial statements for the second quarter of 2018. Understanding the effects of this new revenue recognition standard is crucial for investors to properly interpret and compare Aon's financial performance year-over-year and against peers.

Key Highlights

  • 1Aon plc reported its Q2 2018 financial results via a press release filed as Exhibit 99.1.
  • 2The 8-K serves as notification of the earnings release rather than a detailed financial statement filing.
  • 3Investors are directed to the press release for operational and financial condition updates.
  • 4The filing includes information on the impact of adopting ASC 606 for U.S. GAAP financial statements (Exhibit 99.2).
  • 5The adoption of ASC 606 may affect revenue recognition and comparability of financial data.
  • 6The event date and filing date are both July 26, 2018, indicating a timely report.

Frequently Asked Questions

The detailed financial results are provided in the press release issued by Aon plc on July 27, 2018, which is attached as Exhibit 99.1 to this 8-K filing.

ASC 606 is a new accounting standard for revenue recognition. Its adoption can change how and when companies recognize revenue. Exhibit 99.2 in this filing details how ASC 606 specifically affected Aon's U.S. GAAP financial statements for Q2 2018, which is important for understanding the reported numbers and for making comparisons with prior periods or other companies.

No, this 8-K filing does not contain the full financial statements. It primarily serves to incorporate by reference the press release (Exhibit 99.1) and the explanation of ASC 606's impact (Exhibit 99.2) which contain the relevant financial information.