Aon (AON) Long-Term Capital Lease Obligation

: $651 Mil (As of Dec. 2023)

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Aon's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $651 Mil.

Aon's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($694 Mil) to Sep. 2023 ($655 Mil) and declined from Sep. 2023 ($655 Mil) to Dec. 2023 ($651 Mil).

Aon's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($818 Mil) to Dec. 2022 ($721 Mil) and declined from Dec. 2022 ($721 Mil) to Dec. 2023 ($651 Mil).

Aon Long-Term Capital Lease Obligation Historical Data

The historical data trend for Aon's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

1,020.00

962.00

818.00

721.00

651.00

Aon Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation																721.00	705.00	694.00	655.00	651.00

Aon (NYSE:AON) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Aon Long-Term Capital Lease Obligation Related Terms

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Aon (AON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Aon PLC (NYSE:AON) » Definitions » Long-Term Capital Lease Obligation

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Address

James Joyce Street, Metropolitan Building, Dublin 1, IRL, D01 K0Y8

Website

https://www.aon.com

Aon is a leading global provider of insurance and reinsurance brokerage and human resource solutions. Its operations are tilted toward its brokerage operations. Headquartered in London, Aon has about 50,000 employees and operations in over 120 countries around the world.

Executives

Byron Spruell	director	200 EAST RANDOLPH ST., CHICAGO IL 60601
Eric Andersen	officer: CEO, Aon Benfield	200 EAST RANDOLPH ST., CHICAGO IL 60601
Sarah G Smith	director	C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Christa Davies	officer: EVP, Global Finance	AON CORPORATE LAW DEPT, 200 EAST RANDOLPH ST, 8TH FL, CHICAGO IL 60601
Michael Neller	officer: Principal Accounting Officer	200 EAST RANDOLPH ST., CHICAGO IL 60601
Mindy F. Simon	officer: Chief Operating Officer	FOUR EMBARCADERO CENTER, SUITE 2100, SAN FRANCISCO CA 94111
Adriana Karaboutis	director	C/O BIOGEN IDEC INC., 225 BINNEY ST., CAMBRIDGE MA 02142
Darren Zeidel	officer: General Counsel	200 EAST RANDOLPH ST., CHICAGO IL 60640
Lester B Knight	director	C/O AON CORP, 200 EAST RANDOLPH STREET, CHICAGO IL 60601
Jillian Slyfield	officer: Chief Innovation Officer	200 E RANDOLPH ST., CHICAGO IL 60601
J Michael Losh	director	H.B. FULLER COMPANY, P.O. BOX 64683, ST. PAUL MN 55164-0683
James Platt	officer: Chief Operating Officer	THE LEADENHALL BUILDING, 122 LEADENHALL ST., LONDON X0 EC3V 4AN
John G Bruno	officer: Executive Vice President, CIO
Carolyn Y Woo	director	801 E. 86TH AVENUE, MERRILLVILLE IN 4641-
Anthony R Goland	officer: EVP and CHRO	C/O AON LAW DEPARTMENT, 200 EAST RANDOLPH ST, CHICAGO IL 60601