MARSH & MCLENNAN COMPANIES, INC. - FORM 10-Q - EX-12.1 - STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - May 4, 2015

Attached files

file filename
EX-10.3 - FORM OF 2015 LONG-TERM INCENTIVE AWARD - MARSH & MCLENNAN COMPANIES, INC.mmc0331201510qex_103.htm
EX-10.1 - BESHAR LETTER AGREEMENT - MARSH & MCLENNAN COMPANIES, INC.mmc0331201510qex_101.htm
EX-10.4 - FORM OF DSU AWARD DATED MARCH 1, 2015 - MARSH & MCLENNAN COMPANIES, INC.mmc0331201510qex_104.htm
EX-31.1 - RULE 13A-14(A)/15D-14(A) CERTIFICATION OF CHIEF EXECUTIVE OFFICER - MARSH & MCLENNAN COMPANIES, INC.mmc0331201510qex_311.htm
EX-31.2 - RULE 13A-14(A)/15D-14(A) CERTIFICATION OF CHIEF FINANCIAL OFFICER - MARSH & MCLENNAN COMPANIES, INC.mmc0331201510qex_312.htm
EX-10.2 - BESHAR NON-COMPETE NON-SOLICIT - MARSH & MCLENNAN COMPANIES, INC.mmc0331201510qex_102.htm
EX-32.1 - SECTION 1350 CERTIFICATIONS - MARSH & MCLENNAN COMPANIES, INC.mmc0331201510qex_321.htm
EXCEL - IDEA: XBRL DOCUMENT - MARSH & MCLENNAN COMPANIES, INC.Financial_Report.xls
10-Q - FORM 10-Q - MARSH & MCLENNAN COMPANIES, INC.mmc0331201510q.htm
EX-4.1 - SIXTH SUPPLEMENTAL INDENTURE DATED MARCH 6, 2015 - MARSH & MCLENNAN COMPANIES, INC.mmc0331201510qex_41.htm


Exhibit 12.1

Marsh & McLennan Companies, Inc. and Subsidiaries
Ratio of Earnings to Fixed Charges
(In millions, except ratios)
 
Three Months Ended
March 31, 2015
Years Ended December 31,
 
(Unaudited)
 
2014
 
2013
 
2012
 
2011
 
2010
Earnings
 
 
 
 
 
 
 
 
 
 
 
Income before income taxes
$
704

 
$
2,057

 
$
1,973

 
$
1,696

 
$
1,404

 
$
769

Interest expense
36

 
165

 
167

 
181

 
199

 
233

Portion of rents representative of the interest factor
38

 
131

 
134

 
139

 
143

 
140

 
$
778

 
$
2,353

 
$
2,274

 
$
2,016

 
$
1,746

 
$
1,142

Fixed Charges
 
 
 
 
 
 
 
 
 
 
 
Interest expense
$
36

 
$
165

 
$
167

 
$
181

 
$
199

 
$
233

Portion of rents representative of the interest factor
38

 
131

 
134

 
139

 
143

 
140

 
$
74

 
$
296

 
$
301

 
$
320

 
$
342

 
$
373

Ratio of Earnings to Fixed Charges
10.5

 
7.9

 
7.6

 
6.3

 
5.1

 
3.1





MARSH & MCLENNAN COMPANIES, INC. Reports