BROWN & BROWN INC

For the period ended Dec 31, 2023. Filed Feb 22, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 22, 2024

BRO$71.89+1.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 8. Financial Statements and Supplementary Data

Index to Consolidated Financial Statements

	Page No.
Consolidated Statements of Income for the years ended December 31, 2023, 2022 and 2021	47
Consolidated Statements of Comprehensive Income for the years ended December 31, 2023, 2022 and 2021	48
Consolidated Balance Sheets as of December 31, 2023 and 2022	49
Consolidated Statements of Shareholders’ Equity for the years ended December 31, 2023, 2022 and 2021	50
Consolidated Statements of Cash Flows for the years ended December 31, 2023, 2022 and 2021	52
Notes to Consolidated Financial Statements for the years ended December 31, 2023, 2022 and 2021	55
Note 1: Summary of Significant Accounting Policies	55
Note 2: Revenues	60
Note 3: Business Combinations	62
Note 4: Goodwill	65
Note 5: Amortizable Intangible Assets	65
Note 6: Investments	65
Note 7: Fixed Assets	68
Note 8: Accrued Expenses and Other Liabilities	68
Note 9: Long-Term Debt	69
Note 10: Income Taxes	71
Note 11: Employee Savings Plan	73
Note 12: Stock-Based Compensation	73
Note 13: Supplemental Disclosures of Cash Flow Information and Non-Cash Financing and Investing Activities	76
Note 14: Commitments and Contingencies	77
Note 15: Leases	78
Note 16: Segment Information	80
Note 17: Insurance Company Subsidiary Operations	81
Note 18: Shareholders’ Equity	82
Reports of Independent Registered Public Accounting Firm	82

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.