Arthur J. Gallagher & Co.
SWB:GAH
Balance Sheet
Balance Sheet Decomposition
Arthur J. Gallagher & Co.
Arthur J. Gallagher & Co.
Balance Sheet
Arthur J. Gallagher & Co.
| Dec-2002 | Dec-2003 | Dec-2004 | Dec-2005 | Dec-2006 | Dec-2007 | Dec-2008 | Dec-2009 | Dec-2010 | Dec-2011 | Dec-2012 | Dec-2013 | Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||||||||||||||
| Cash & Cash Equivalents |
153
|
194
|
225
|
318
|
208
|
256
|
194
|
206
|
250
|
291
|
302
|
298
|
314
|
480
|
546
|
681
|
607
|
605
|
665
|
403
|
738
|
972
|
14 987
|
1 396
|
|
| Cash Equivalents |
153
|
194
|
225
|
318
|
208
|
256
|
194
|
206
|
250
|
291
|
302
|
298
|
314
|
480
|
546
|
681
|
607
|
605
|
665
|
403
|
738
|
972
|
14 987
|
1 396
|
|
| Short-Term Investments |
71
|
32
|
26
|
43
|
49
|
8
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Receivables |
1 184
|
1 286
|
1 351
|
1 397
|
1 422
|
1 304
|
827
|
694
|
750
|
1 027
|
1 096
|
1 289
|
1 955
|
2 243
|
2 400
|
4 790
|
5 682
|
6 280
|
7 336
|
12 903
|
2 911
|
3 787
|
3 896
|
5 175
|
|
| Accounts Receivables |
1 184
|
1 286
|
1 351
|
1 397
|
1 422
|
1 304
|
827
|
694
|
750
|
1 027
|
1 096
|
1 289
|
0
|
0
|
0
|
0
|
0
|
0
|
603
|
730
|
2 911
|
3 787
|
3 896
|
5 175
|
|
| Other Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6 733
|
12 173
|
0
|
0
|
0
|
0
|
|
| Other Current Assets |
367
|
596
|
622
|
644
|
697
|
709
|
681
|
640
|
726
|
881
|
1 031
|
1 289
|
1 542
|
1 490
|
1 470
|
1 799
|
1 829
|
2 233
|
3 124
|
4 365
|
18 636
|
27 358
|
25 459
|
28 026
|
|
| Total Current Assets |
1 774
|
2 108
|
2 223
|
2 402
|
2 376
|
2 276
|
1 702
|
1 540
|
1 726
|
2 199
|
2 430
|
2 876
|
3 811
|
4 214
|
4 416
|
7 269
|
8 119
|
9 118
|
11 124
|
17 670
|
22 285
|
32 116
|
44 113
|
34 356
|
|
| PP&E Net |
251
|
266
|
259
|
185
|
103
|
88
|
89
|
81
|
76
|
91
|
105
|
160
|
195
|
203
|
378
|
412
|
437
|
861
|
825
|
859
|
923
|
1 127
|
1 028
|
1 387
|
|
| PP&E Gross |
251
|
266
|
259
|
185
|
103
|
88
|
89
|
81
|
76
|
91
|
105
|
160
|
0
|
0
|
378
|
0
|
437
|
861
|
825
|
859
|
0
|
1 127
|
1 028
|
1 387
|
|
| Accumulated Depreciation |
116
|
142
|
158
|
179
|
182
|
171
|
156
|
179
|
202
|
245
|
258
|
285
|
0
|
0
|
412
|
0
|
505
|
592
|
729
|
808
|
0
|
1 024
|
1 156
|
1 482
|
|
| Intangible Assets |
51
|
85
|
155
|
173
|
213
|
316
|
461
|
438
|
484
|
562
|
810
|
1 079
|
1 776
|
1 699
|
1 627
|
1 645
|
1 773
|
2 319
|
2 400
|
3 954
|
3 372
|
4 633
|
4 530
|
10 684
|
|
| Goodwill |
84
|
138
|
219
|
246
|
317
|
441
|
596
|
742
|
884
|
1 155
|
1 473
|
2 145
|
3 450
|
3 663
|
3 768
|
4 165
|
4 626
|
5 619
|
6 127
|
8 666
|
9 489
|
11 476
|
12 270
|
22 593
|
|
| Note Receivable |
168
|
121
|
132
|
68
|
33
|
26
|
18
|
46
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Long-Term Investments |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
22
|
6
|
0
|
0
|
0
|
0
|
|
| Other Long-Term Assets |
135
|
184
|
245
|
316
|
379
|
411
|
405
|
403
|
427
|
476
|
535
|
601
|
778
|
1 132
|
1 301
|
1 419
|
1 380
|
1 719
|
1 833
|
2 190
|
2 289
|
2 264
|
2 314
|
1 645
|
|
| Other Assets |
84
|
138
|
219
|
246
|
317
|
441
|
596
|
742
|
884
|
1 155
|
1 473
|
2 145
|
3 450
|
3 663
|
3 768
|
4 165
|
4 626
|
5 619
|
6 127
|
8 666
|
9 489
|
11 476
|
12 270
|
22 593
|
|
| Total Assets |
2 464
N/A
|
2 902
+18%
|
3 233
+11%
|
3 390
+5%
|
3 420
+1%
|
3 557
+4%
|
3 271
-8%
|
3 250
-1%
|
3 596
+11%
|
4 484
+25%
|
5 352
+19%
|
6 861
+28%
|
10 010
+46%
|
10 911
+9%
|
11 490
+5%
|
14 910
+30%
|
16 334
+10%
|
19 635
+20%
|
22 331
+14%
|
33 345
+49%
|
38 358
+15%
|
51 616
+35%
|
64 255
+24%
|
70 665
+10%
|
|
| Liabilities | |||||||||||||||||||||||||
| Accounts Payable |
1 596
|
1 744
|
1 839
|
1 917
|
1 959
|
1 874
|
1 365
|
1 167
|
1 250
|
1 622
|
1 820
|
2 155
|
2 623
|
2 877
|
2 996
|
4 986
|
5 740
|
6 349
|
7 785
|
13 846
|
0
|
0
|
0
|
0
|
|
| Accrued Liabilities |
58
|
219
|
258
|
378
|
316
|
281
|
260
|
215
|
227
|
304
|
307
|
371
|
624
|
813
|
772
|
948
|
1 037
|
1 321
|
1 596
|
1 895
|
2 003
|
2 553
|
3 586
|
4 017
|
|
| Short-Term Debt |
42
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
128
|
137
|
126
|
151
|
154
|
171
|
204
|
228
|
242
|
289
|
225
|
226
|
|
| Current Portion of Long-Term Debt |
6
|
31
|
41
|
5
|
9
|
0
|
132
|
0
|
0
|
10
|
129
|
631
|
140
|
245
|
578
|
290
|
365
|
620
|
75
|
245
|
310
|
670
|
200
|
640
|
|
| Other Current Liabilities |
48
|
68
|
69
|
85
|
117
|
77
|
101
|
93
|
101
|
138
|
108
|
129
|
128
|
115
|
140
|
355
|
397
|
461
|
476
|
521
|
18 783
|
27 553
|
25 249
|
27 636
|
|
| Total Current Liabilities |
1 750
|
2 061
|
2 208
|
2 386
|
2 401
|
2 232
|
1 859
|
1 474
|
1 577
|
2 074
|
2 363
|
3 285
|
3 643
|
4 187
|
4 612
|
6 730
|
7 694
|
8 921
|
10 135
|
16 735
|
21 339
|
31 065
|
29 261
|
32 519
|
|
| Long-Term Debt |
128
|
122
|
140
|
108
|
26
|
400
|
400
|
550
|
550
|
675
|
725
|
825
|
2 125
|
2 072
|
2 145
|
2 692
|
3 091
|
3 816
|
4 266
|
5 810
|
5 563
|
7 006
|
12 732
|
12 104
|
|
| Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
76
|
50
|
59
|
64
|
71
|
60
|
47
|
52
|
47
|
40
|
26
|
26
|
|
| Other Liabilities |
57
|
99
|
125
|
127
|
129
|
209
|
274
|
333
|
362
|
491
|
606
|
665
|
937
|
964
|
1 078
|
1 188
|
979
|
1 682
|
1 698
|
2 240
|
2 267
|
2 730
|
2 083
|
2 695
|
|
| Total Liabilities |
1 935
N/A
|
2 283
+18%
|
2 472
+8%
|
2 620
+6%
|
2 556
-2%
|
2 841
+11%
|
2 533
-11%
|
2 357
-7%
|
2 489
+6%
|
3 240
+30%
|
3 694
+14%
|
4 775
+29%
|
6 781
+42%
|
7 272
+7%
|
7 893
+9%
|
10 674
+35%
|
11 835
+11%
|
14 479
+22%
|
16 145
+12%
|
24 837
+54%
|
29 215
+18%
|
40 841
+40%
|
44 102
+8%
|
47 344
+7%
|
|
| Equity | |||||||||||||||||||||||||
| Common Stock |
89
|
90
|
92
|
96
|
98
|
92
|
96
|
103
|
108
|
115
|
126
|
134
|
165
|
177
|
178
|
181
|
184
|
188
|
194
|
209
|
212
|
217
|
250
|
257
|
|
| Retained Earnings |
361
|
442
|
539
|
464
|
475
|
496
|
452
|
450
|
488
|
483
|
510
|
596
|
676
|
775
|
916
|
1 222
|
1 559
|
1 901
|
2 372
|
2 882
|
3 562
|
4 053
|
4 986
|
5 806
|
|
| Additional Paid In Capital |
93
|
106
|
146
|
216
|
286
|
120
|
230
|
349
|
508
|
693
|
1 055
|
1 358
|
2 649
|
3 209
|
3 266
|
3 388
|
3 542
|
3 826
|
4 264
|
6 144
|
6 510
|
7 298
|
16 069
|
17 783
|
|
| Other Equity |
14
|
19
|
17
|
7
|
5
|
7
|
40
|
9
|
2
|
47
|
33
|
3
|
261
|
523
|
764
|
555
|
786
|
760
|
644
|
726
|
1 140
|
792
|
1 151
|
525
|
|
| Total Equity |
528
N/A
|
619
+17%
|
761
+23%
|
769
+1%
|
864
+12%
|
716
-17%
|
739
+3%
|
893
+21%
|
1 107
+24%
|
1 244
+12%
|
1 659
+33%
|
2 086
+26%
|
3 229
+55%
|
3 638
+13%
|
3 597
-1%
|
4 236
+18%
|
4 499
+6%
|
5 156
+15%
|
6 186
+20%
|
8 508
+38%
|
9 144
+7%
|
10 775
+18%
|
20 154
+87%
|
23 321
+16%
|
|
| Total Liabilities & Equity |
2 464
N/A
|
2 902
+18%
|
3 233
+11%
|
3 390
+5%
|
3 420
+1%
|
3 557
+4%
|
3 271
-8%
|
3 250
-1%
|
3 596
+11%
|
4 484
+25%
|
5 352
+19%
|
6 861
+28%
|
10 010
+46%
|
10 911
+9%
|
11 490
+5%
|
14 910
+30%
|
16 334
+10%
|
19 635
+20%
|
22 331
+14%
|
33 345
+49%
|
38 358
+15%
|
51 616
+35%
|
64 255
+24%
|
70 665
+10%
|
|
| Shares Outstanding | |||||||||||||||||||||||||
| Common Shares Outstanding |
89
|
90
|
92
|
96
|
98
|
92
|
96
|
103
|
108
|
115
|
126
|
134
|
165
|
177
|
178
|
181
|
184
|
188
|
194
|
209
|
212
|
217
|
250
|
257
|
|