Item 6. Selected Financial Data.

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Item 6. Selected Financial Data.

The following selected consolidated financial data for each of the five years in the period ended December 31, 2020 have been derived from our consolidated financial statements. Such data should be read in conjunction with our consolidated financial statements and notes thereto in Item 8 of this annual report.

	Year Ended December 31,
	2020			2019			2018			2017			2016
	(In millions, except per share and employee data)
Consolidated Statement of Earnings Data:
Commissions	$	3,591.9		$	3,320.6		$	2,920.7		$	2,641.0		$	2,409.9
Fees		1,957.9			1,911.1			1,756.3			1,591.9			1,491.7
Supplemental revenues		221.9			210.5			189.9			158.0			139.9
Contingent revenues		147.0			135.6			98.0			99.5			97.9
Investment income and other		933.2			1,478.6			1,827.5			1,622.6			1,409.0
Revenue before reimbursements		6,851.9			7,056.4			6,792.4			6,113.0			5,548.4
Reimbursements		151.7			138.6			141.6			136.0			132.1
Total revenues		7,003.6			7,195.0			6,934.0			6,249.0			5,680.5
Total expenses		6,132.7			6,568.9			6,454.6			5,889.2			5,346.9
Earnings before income taxes		870.9			626.1			479.4			359.8			333.6
Benefit (provision) for income taxes		12.8			(89.7	)		(196.5	)		(157.1	)		(96.7	)
Net earnings		858.1			715.8			675.9			516.9			430.3
Net earnings attributable to noncontrolling interests		39.3			47.0			42.4			35.6			33.5
Net earnings attributable to controlling interests	$	818.8		$	668.8		$	633.5		$	481.3		$	396.8
Per Share Data:
Diluted net earnings per share (1)		4.20			3.52			3.40			2.64			2.22
Dividends declared per common share (2)		1.80			1.72			1.64			1.56			1.52
Share Data:
Shares outstanding at year end		193.7			188.1			184.0			181.0			178.3
Weighted average number of common shares outstanding		191.0			186.0			182.7			180.1			177.6
Weighted average number of common and common equivalent shares outstanding		195.0			190.1			186.2			182.1			178.4
Consolidated Balance Sheet Data:
Total assets	$	22,331.4		$	19,634.8		$	16,334.0		$	14,909.7		$	13,528.2
Long-term debt less current portion		4,273.0			3,823.0			3,098.0			2,698.0			2,150.0
Total stockholders' equity		6,232.7			5,215.5			4,569.7			4,299.7			3,775.5
Return on beginning stockholders' equity (3)		16	%		15	%		15	%		13	%		11	%
Employee Data:
Number of employees - at year end		32,401			33,247			30,362			26,783			24,790

(1)	Based on the weighted average number of common and common equivalent shares outstanding during the year.

(2)	Based on the total dividends declared on a share of common stock outstanding during the entire year.

(3)	Represents net earnings divided by total stockholders' equity, as of the beginning of the year.

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