Item 6. Selected Financial Data.

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Item 6. Selected Financial Data.

Selected Financial Data



(millions except shareholders, employees and per share data)	2014		2013		2012		2011		2010
Income Statement Data
Commissions, fees and other	$	12,019	$	11,787	$	11,476	$	11,235	$	8,457
Fiduciary investment income	26		28		38		52		55
Total revenue	$	12,045	$	11,815	$	11,514	$	11,287	$	8,512
Income from continuing operations	$	1,431	$	1,148	$	1,020	$	1,010	$	759
Loss from discontinued operations (1) (2)	—		—		—		—		(27		)
Net income	1,431		1,148		1,020		1,010		732
Less: Net income attributable to noncontrolling interest	34		35		27		31		26
Net income attributable to Aon shareholders	$	1,397	$	1,113	$	993	$	979	$	706
Basic Net Income (Loss) Per Share Attributable to Aon Shareholders
Continuing operations	$	4.73	$	3.57	$	3.02	$	2.92	$	2.50
Discontinued operations (2)	—		—		—		—		(0.09		)
Net income	$	4.73	$	3.57	$	3.02	$	2.92	$	2.41
Diluted Net Income (Loss) Per Share Attributable to Aon Shareholders
Continuing operations	$	4.66	$	3.53	$	2.99	$	2.87	$	2.46
Discontinued operations (2)	—		—		—		—		(0.09		)
Net income	$	4.66	$	3.53	$	2.99	$	2.87	$	2.37
Balance Sheet Data
Fiduciary assets (3)	$	11,638	$	11,871	$	12,214	$	10,838	$	10,063
Intangible assets including goodwill	11,380		11,575		11,918		12,046		12,258
Total assets	29,772		30,251		30,486		29,552		28,982
Long-term debt	4,799		3,686		3,713		4,155		4,014
Total equity	6,631		8,195		7,805		8,120		8,306
Class A Ordinary Shares and Other Data
Dividends paid per share	$	0.92	$	0.68	$	0.62	$	0.60	$	0.60
Price range:
High	98.10		84.33		57.92		54.58		46.24
Low	76.49		54.65		45.04		39.68		35.10
At year-end:
Market price	$	94.83	$	83.89	$	55.61	$	46.80	$	46.01
Common shareholders	255		281		240		8,107		9,316
Shares outstanding	280.0		300.7		310.9		324.4		332.3
Number of employees	68,633		65,547		64,725		62,443		59,100


(1)	We have sold certain businesses whose results have been reclassified as discontinued operations, including AIS Management Corporation and our P&C Operations (both sold in 2009) and CICA and Sterling Life Insurance Company (both sold in 2008).


(2)	For the years ended December 31, 2012, and 2011 amounts related to discontinued operations have been included in Other income to conform to amounts included in the Consolidated Financial Statements in this Form 10-K. These amounts in the years ended December 31, 2012 and 2011, which were historically included in Income (loss) from discontinued operations, have been reclassified to conform with current presentation. The amounts reclassified were $1 million loss and $4 million income for the years ended December 31, 2012 and 2011, respectively, from Income (loss) from discontinued operations to Other income. For the year ended December 31, 2010, amounts related to discontinued operations remain in Income (loss) from discontinued operations as they are more meaningful to the presentation of continuing operations in that year.

(2)

For the years ended December 31, 2012, and 2011 amounts related to discontinued operations have been included in Other income to conform to amounts included in the Consolidated Financial Statements in this Form 10-K. These amounts in the years ended December 31, 2012 and 2011, which were historically included in Income (loss) from discontinued operations, have been reclassified to conform with current presentation. The amounts reclassified were $1 million loss and $4 million income for the years ended December 31, 2012 and 2011, respectively, from Income (loss) from discontinued operations to Other income. For the year ended December 31, 2010, amounts related to discontinued operations remain in Income (loss) from discontinued operations as they are more meaningful to the presentation of continuing operations in that year.


(3)	Represents insurance premium receivables from clients as well as cash and investments held in a fiduciary capacity.

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