v3.25.1
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue    
Total revenue $ 4,729 $ 4,070
Expenses    
Compensation and benefits 2,249 1,883
Information technology 136 124
Premises 82 71
Depreciation of fixed assets 46 44
Amortization and impairment of intangible assets 199 16
Other general expense 446 348
Accelerating Aon United Program expenses 110 119
Total operating expenses 3,268 2,605
Operating income 1,461 1,465
Interest income 5 28
Interest expense (206) (144)
Other income (expense) (10) 75
Income before income taxes 1,250 1,424
Income tax expense 268 331
Net income 982 1,093
Less: Net income attributable to redeemable and nonredeemable noncontrolling interests 17 22
Net income attributable to Aon shareholders $ 965 $ 1,071
Basic net income per share attributable to Aon shareholders (in dollars per share) $ 4.46 $ 5.38
Diluted net income per share attributable to Aon shareholders (in dollars per share) $ 4.43 $ 5.35
Weighted average ordinary shares outstanding - basic (in shares) 216.4 199.1
Weighted average ordinary shares outstanding - diluted (in shares) 217.9 200.1