← WILLIS TOWERS WATSON PLC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $870.0m $1.0b $1.0b $887.0m $2.1b $4.5b — $1.4b $1.9b $3.1b
Prepaid Expense and Other Assets, Current $337.0m $430.0m $404.0m $525.0m $497.0m $612.0m — $364.0m $1.2b $595.0m
Short-term Investments — — — — — $200.0m — — — —
Cash and cash equivalents $870.0m $1.0b $1.0b $887.0m $2.1b $4.5b $1.3b $1.4b $1.9b $3.1b
Accounts receivable, net $2.1b $2.2b $2.4b $2.6b $2.6b $2.4b $2.4b $2.6b $2.5b $2.7b
Prepaid and other current assets $337.0m $430.0m $404.0m $525.0m $497.0m $612.0m $414.0m $364.0m $1.2b $595.0m
Assets, Current $13.8b $15.9b $16.4b $17.0b $20.3b $18.5b — $13.4b $15.1b $16.9b
Total current assets $13.8b $15.9b $16.4b $17.0b $20.3b $18.5b $15.8b $13.4b $15.1b $16.9b
Property, Plant and Equipment, Net $839.0m $985.0m $942.0m $1.0b $1.0b $851.0m — $720.0m $661.0m $695.0m
Goodwill $10.4b $10.5b $10.5b $11.2b $11.2b $10.2b $10.2b $10.2b $8.8b $8.9b
Intangible Assets, Net (Excluding Goodwill) $4.4b $3.9b $3.3b $3.5b $3.0b $2.6b — $2.0b $1.3b $1.1b
Other intangible assets, net $4.4b $3.9b $3.3b $3.5b $3.0b $2.6b $2.3b $2.0b $1.3b $1.1b
Operating Lease, Right-of-Use Asset — — — $968.0m $902.0m $720.0m — $565.0m $485.0m $487.0m
Other Assets, Noncurrent $353.0m $447.0m $467.0m $835.0m $1.1b $1.2b — $1.6b $806.0m $866.0m
Right-of-use assets — — $0 $968.0m $902.0m $720.0m $586.0m $565.0m $485.0m $487.0m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $2.1b $2.2b $2.4b $2.6b $2.6b $2.4b — $2.6b $2.5b $2.7b
Fiduciary assets $10.5b $12.2b $12.6b $13.0b $15.2b $11.0b $11.8b $9.1b $9.5b $10.4b
Fixed assets, net $839.0m $985.0m $942.0m $1.0b $1.0b $851.0m $718.0m $720.0m $661.0m $695.0m
Other non-current assets $353.0m $447.0m $467.0m $835.0m $1.1b $1.2b $1.4b $1.6b $806.0m $866.0m
Fiduciary liabilities $10.5b $12.2b $12.6b $13.0b $15.2b $11.0b $11.8b $9.1b $9.5b $10.4b
Current debt — — $186.0m $316.0m $971.0m $613.0m $250.0m $650.0m $0 $550.0m
Current lease liabilities — — $0 $164.0m $152.0m $150.0m $126.0m $125.0m $118.0m $125.0m
Other current liabilities $876.0m $804.0m $864.0m $802.0m $888.0m $1.0b $716.0m $678.0m $765.0m $797.0m
Provision for liabilities $575.0m $558.0m $540.0m $537.0m $407.0m $375.0m $357.0m $365.0m $341.0m $340.0m
Long-term lease liabilities — — $0 $964.0m $918.0m $734.0m $620.0m $592.0m $502.0m $472.0m
Other non-current liabilities $532.0m $544.0m $429.0m $335.0m $312.0m $253.0m $221.0m $238.0m $254.0m $246.0m
Treasury shares, at cost, 17,519 in 2022 ($99.0m) ($3.0m) ($3.0m) ($3.0m) ($3.0m) ($3.0m) ($3.0m) $0 — —
Non-controlling interests $118.0m $123.0m $119.0m $120.0m $112.0m $48.0m $77.0m $73.0m $77.0m $76.0m
Total non-current assets $16.5b $16.6b $16.0b $18.4b $18.2b $16.5b $15.9b $15.7b $12.6b $12.7b
Total non-current liabilities $6.6b $7.4b $7.1b $9.0b $8.3b $6.9b $6.9b $6.9b $7.1b $7.5b
Total WTW shareholders' equity $10.1b $10.1b $9.9b $10.2b $10.8b $13.3b $10.0b $9.5b $7.9b $8.0b
Total equity $10.2b $10.2b $10.0b $10.4b $10.9b $13.3b $10.1b $9.6b $8.0b $8.1b
Assets $30.3b $32.5b $32.4b $35.4b $38.5b $35.0b — $29.1b $27.7b $29.5b
TOTAL ASSETS $30.3b $32.5b $32.4b $35.4b $38.5b $35.0b $31.8b $29.1b $27.7b $29.5b
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current — — — $164.0m $152.0m $150.0m — $125.0m $118.0m $125.0m
Accounts Payable, Current $117.0m $136.0m $163.0m — — — — — — —
Operating Lease, Liability, Noncurrent — — — $964.0m $918.0m $734.0m — $592.0m $502.0m $472.0m
Dividends Payable, Current — — — $100 $103 $112 — $103 $107 $109
Long-term Debt, Current Maturities — — — $316.0m $971.0m $613.0m — $650.0m $0 $550.0m
Long-term Debt, Excluding Current Maturities $3.4b $4.5b $4.4b $5.3b $4.7b $4.0b $4.5b $4.6b $5.3b $5.8b
Deferred revenue and accrued expenses $1.5b $1.7b $1.6b $1.8b $2.2b $1.9b $1.9b $2.1b $2.2b $2.1b
Liabilities, Current $13.4b $14.8b $15.3b $16.1b $19.3b $14.7b — $12.6b $12.6b $14.0b
Total current liabilities $13.4b $14.8b $15.3b $16.1b $19.3b $14.7b $14.8b $12.6b $12.6b $14.0b
Deferred Income Tax Liabilities, Net — — — $526.0m $561.0m $845.0m — $542.0m $45.0m —
Other Liabilities, Noncurrent $532.0m $544.0m $429.0m $335.0m $312.0m $253.0m — $238.0m $254.0m $246.0m
Pension benefits assets $488.0m $764.0m $773.0m $868.0m $971.0m $971.0m $827.0m $588.0m $530.0m $529.0m
Liability for pension benefits $1.3b $1.3b $1.2b $1.3b $1.4b $757.0m $480.0m $563.0m $615.0m $660.0m
Deferred Tax Liabilities, Net $814.0m $569.0m $500.0m $454.0m $466.0m $766.0m — $456.0m — $41.0m
Liabilities $20.0b $22.2b $22.4b $25.1b $27.6b $21.7b — $19.5b $19.7b $21.5b
TOTAL LIABILITIES $20.0b $22.2b $22.4b $25.1b $27.6b $21.7b $21.7b $19.5b $19.7b $21.5b
Commitments and Contingencies — — $0 $0 $0 — — — — —
Redeemable Noncontrolling Interest, Equity, Carrying Amount $51.0m $28.0m $26.0m $0 — — — — — —
Stockholders’ equity:
Preferred Stock, Value, Issued $0 — — — — — — — — —
Additional Paid in Capital $10.6b $10.5b $10.6b $10.7b $10.7b $10.8b $10.9b $10.9b $11.0b $11.1b
Retained Earnings (Accumulated Deficit) $1.5b $1.1b $1.2b $1.8b $2.4b $4.6b $1.8b $1.5b $109.0m ($296.0m)
Accumulated Other Comprehensive Income (Loss), Net of Tax ($1.9b) ($1.5b) ($2.0b) ($2.2b) ($2.4b) ($2.2b) — ($2.9b) ($3.2b) ($2.8b)
Additional Paid in Capital, Common Stock — — $10.6b $10.7b $10.7b $10.8b — $10.9b $11.0b $11.1b
Accumulated other comprehensive loss, net of tax ($1.9b) ($1.5b) ($2.0b) ($2.2b) ($2.4b) ($2.2b) ($2.6b) ($2.9b) ($3.2b) ($2.8b)
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax — — — — — — — — — —
Stockholders' Equity Attributable to Parent $10.1b $10.1b $9.9b $10.2b $10.8b $13.3b — $9.5b $7.9b $8.0b
Stockholders' Equity Attributable to Noncontrolling Interest $118.0m $123.0m $119.0m $120.0m $112.0m $48.0m — $73.0m $77.0m $76.0m
Liabilities and Equity $30.3b $32.5b $32.4b $35.4b $38.5b $35.0b — $29.1b $27.7b $29.5b
TOTAL LIABILITIES AND EQUITY $30.3b $32.5b $32.4b $35.4b $38.5b $35.0b $31.8b $29.1b $27.7b $29.5b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.