Summary
Marsh & McLennan Companies (MMC) filed its 2010 Form 10-K on February 27, 2011, detailing its business operations and financial performance for the fiscal year ending December 30, 2010. The report underscores the company's position as a leading provider of services in risk, retirement, and strategy. Investors should note the forward-looking statements, which highlight potential risks such as liabilities from errors and omissions claims, acquisition integration challenges, pension plan funding status, and foreign currency fluctuations. These risks are critical for understanding the potential volatility and challenges facing the company's future earnings and operations.
Financial Highlights
51 data pointsBeta
Financial Statements
Beta
| Revenue | $10.55B |
| Operating Expenses | $9.61B |
| Operating Income | $939.00M |
| Interest Expense | $233.00M |
| Net Income | $871.00M |
| EPS (Basic) | $1.56 |
| EPS (Diluted) | $1.55 |
| Shares Outstanding (Basic) | 540.00M |
| Shares Outstanding (Diluted) | 544.00M |
Key Highlights
- 1The report covers the fiscal year ending December 30, 2010, providing a comprehensive overview of Marsh & McLennan Companies' business segments and financial health.
- 2Significant forward-looking statements identify key risks including potential liabilities from errors and omissions claims, particularly within the Marsh and Mercer businesses.
- 3Challenges related to strategic acquisitions, integration, and realizing expected synergies are highlighted as a material risk factor.
- 4The company's financial health is subject to the funded status of its global defined benefit pension plans.
- 5Potential impacts of rating agency actions on financing costs, borrowing ability, and competitive positioning are disclosed.
- 6Exposure to international operations brings risks associated with compliance with U.S. and foreign laws, including anti-corruption and trade sanctions.
- 7Fluctuations in foreign currency exchange rates are identified as a factor that could impact net income.