Marsh & McLennan Companies, Inc. (MMC) quarterly cash flow statement — complete operating, investing & financing history
| Cash from Operations | 2.33B | 1.67B | -622M | 1.96B | 1.91B | 1.22B | -781M | 1.78B | 1.81B | 1.48B | -819M | 1.5B |
| Operating CF Growth % | 21.91% | 37.53% | 20.36% | 9.7% | 5.64% | -18.13% | 4.64% | 18.71% | 30.87% | 15.76% | -16.67% | 4.16% |
| Operating CF / Revenue % | 36.7% | 23.96% | -8.81% | 32.24% | 33.56% | 19.53% | -12.07% | 32.1% | 33.63% | 25.26% | -13.83% | 29.91% |
| Net Income | 1.53B | 1.9B | 1.41B | 801M | 747M | 1.13B | 1.4B | 765M | 738M | 1.05B | 1.25B | 471M |
| Depreciation & Amortization | 326M | 278M | 227M | 201M | 180M | 176M | 189M | 186M | 180M | 178M | 169M | 202M |
| Stock-Based Compensation | 125M | 120M | 112M | 85M | 90M | 90M | 103M | 90M | 82M | 92M | 99M | 84M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | -1.22B | -1M | -2M | -36M | 0 | 0 |
| Other Non-Cash Items | -590M | -652M | 34M | 27M | 89M | 11M | 1.29B | 81M | 76M | 70M | 100M | -54M |
| Working Capital Changes | 942M | 29M | -2.41B | 842M | 806M | -187M | -2.54B | 662M | 736M | 133M | -2.44B | 799M |
| Cash from Investing | -227M | -121M | 26M | -7.64B | -393M | -415M | -368M | -474M | -442M | -133M | -368M | -487M |
| Capital Expenditures | -33M | -41M | -55M | -76M | -73M | -80M | -87M | -120M | -111M | -101M | -84M | -103M |
| Acquisitions | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Purchase of Investments | -10M | -12M | -10M | -90M | -3M | -4M | -10M | -13M | -14M | -22M | -1M | 6M |
| Sale/Maturity of Investments | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K |
| Other Investing | -704M | -406M | 25M | 0 | -1M | 1M | 0 | -5M | 9M | -85M | 3M | -14M |
| Cash from Financing | -1B | -1.7B | -138M | 6.28B | -1.44B | -519M | 135M | -2.33B | 988M | -546M | 773M | -1.07B |
| Dividends Paid | -499M | -406M | -405M | -403M | -404M | -352M | -354M | -354M | -353M | -295M | -296M | -298M |
| Share Repurchases | -402M | -300M | -300M | 177M | -304M | -473M | -300M | -105M | -304M | -305M | -300M | -156M |
| Stock Issued | 37M | 47M | 128M | 43M | 54M | 54M | 113M | 34M | 45M | 0 | 42M | 37M |
| Debt Issuance (Net) | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K |
| Other Financing | 115M | -133M | -104M | -720M | -33M | -14M | 641M | -1.51B | 576M | 108M | -102M | -496M |
| Net Change in Cash | 834M | 73M | -491M | -47M | 571M | 240M | -1.24B | -577M | 1.99B | 895M | -262M | 692M |
| Exchange Rate Effect | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | 1000K | 1000K | 1000K |
| Cash at Beginning | 13.72B | 1.6B | 13.67B | 13.72B | 13.15B | 12.91B | 14.15B | 14.73B | 12.73B | 11.84B | 12.1B | 11.41B |
| Cash at End | 14.51B | 1.68B | 13.18B | 13.67B | 13.72B | 13.15B | 12.91B | 14.15B | 14.73B | 12.73B | 11.84B | 12.1B |
| Free Cash Flow | 2.3B | 1.61B | -677M | 1.88B | 1.84B | 1.14B | -868M | 1.66B | 1.7B | 1.38B | -903M | 1.4B |
| FCF Growth % | 24.96% | 42.03% | 22% | 13.05% | 8.24% | -17.93% | 3.88% | 18.87% | 35.38% | 18.71% | -9.59% | 7.29% |
| FCF Margin % | 36.18% | 23.11% | -9.59% | 30.99% | 32.28% | 18.24% | -13.41% | 29.94% | 31.57% | 23.54% | -15.24% | 27.86% |
| FCF per Share | 4.65 | 3.26 | -1.37 | 3.79 | 3.71 | 2.29 | -1.75 | 3.34 | 3.4 | 2.77 | -1.81 | 2.79 |