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News from Aon ● ● Second Quarter Key Metrics Total revenue increased 16 % to $ 2.9 billion , including organic revenue growth of 11 % Operating margin decreased 50 basis points to 23.3 % , and operating margin , adjusted for certain items , decreased 100 basis points to 25.8 % , including a negative impact of 470 basis points from the repatterning of expenses described in the first quarter EPS decreased 2 % to $ 1.66 , and EPS , adjusted for certain items , increased 17 % to $ 2.29 For the first six months of 2021 , cash flows from operations increased 10 % to $ 1,345 million , and free cash flow increased 13 % to $ 1,275 million ● Investor Relations Aon Reports Second Quarter 2021 Results ● Second Quarter Highlights Repurchased 1.1 million class A ordinary shares for approximately $ 240 million Announced an 11 % increase to the quarterly cash dividend to $ 0.51 per share AON Subsequent Events Subsequent to the close of the quarter and as a result of the inability to secure an expedited resolution to litigation with the U.S. Department of Justice , Aon agreed to terminate its proposed business combination with Willis Towers Watson , requiring Aon to pay a $ 1 billion termination fee ( ¹ ) . Aon will move forward independently , focused on delivering innovation on behalf of clients , growth opportunities for colleagues , and value creation for shareholders Subsequent to the close of the quarter , Aon and Alight executed an amended agreement to divest the Aon Retiree Health Exchange ™ . The previously announced agreement to sell Aon's U.S. retirement business has been terminated DUBLIN - July 30 , 2021 - Aon plc ( NYSE : AON ) today reported results for the three months ended June 30 , 2021 . Net income attributable to Aon shareholders was $ 379 million , or $ 1.66 per share , compared to $ 398 million , or $ 1.70 per share , in the prior year period . Net income per share attributable to Aon shareholders , adjusted for certain items , increased 17 % to $ 2.29 , including a favorable impact of $ 0.04 per share from translating prior year period results at current period foreign exchange rates ( “ foreign currency translation " ) , compared to $ 1.96 in the prior year period . Certain items that impacted second quarter results and comparisons with the prior year period are detailed in the " Reconciliation of Non - GAAP Measures - Operating Income and Diluted Earnings Per Share " on page 10 of this press release . " In the second quarter , our team delivered 11 % organic revenue growth , our strongest growth in over a decade , that translated into 17 % growth in earnings per share , and contributed to 13 % free cash flow growth for the first half , " said Greg Case , Chief Executive Officer . " These results demonstrate the incredible resilience of our colleagues and the power of Aon United . We are moving forward at an accelerated pace , with a proven leadership team and an enduring strategy . Our ability to innovate on behalf of clients remains unrivaled and continues to translate into significant progress against key financial metrics and shareholder value creation . "