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Supplementary Data (Notes) | 9 Months Ended
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Sep. 30, 2011
Supplementary Data [Abstract] |
Supplementary Data | Supplementary Data Accrued Liabilities The following table presents the components of accrued liabilities.
| September 30, 2011 |  | December 31, 2010
Salaries, benefits and related expenses | $ | 420.1 |  |  | $ | 470.0 |
Office and related expenses | 51.7 |  |  | 62.0 |
Acquisition obligations | 10.1 |  |  | 63.5 |
Interest | 24.2 |  |  | 41.5 |
Professional fees | 17.3 |  |  | 24.6 |
Other | 100.6 |  |  | 118.9 |
Total accrued liabilities | $ | 624.0 |  |  | $ | 780.5 |
2004 Restatement Liabilities As part of the restatement we presented in our 2004 Annual Report on Form 10-K (the “2004 Restatement”), we recognized liabilities related to vendor discounts and credits where we had a contractual or legal obligation to rebate such amounts to our clients or vendors. Reductions to these liabilities are achieved through settlements with clients and vendors, but also may occur if the applicable statute of limitations in a jurisdiction has lapsed. As of September 30, 2011, and December 31, 2010, we had vendor discounts and credit liabilities of $68.7 and $82.5, respectively, related to the 2004 Restatement. Other Income (Expense), net Results of operations for the three and nine months ended September 30, 2011 and 2010 include certain items which are not directly associated with our revenue-producing operations.
| Three months ended September 30, |  | Nine months ended September 30,
| 2011 |  | 2010 |  | 2011 |  | 2010
Gains (losses) on sales of businesses and investments | $ | 132.0 |  |  | $ | 0.3 |  |  | $ | 125.8 |  |  | $ | (2.8 | )
Vendor discounts and credit adjustments | 4.8 |  |  | 0.3 |  |  | 7.7 |  |  | 2.4 |
Other income (expense), net | 0.3 |  |  | (3.7 | ) |  | 2.8 |  |  | (4.3 | )
Total other income (expense), net | $ | 137.1 |  |  | $ | (3.1 | ) |  | $ | 136.3 |  |  | $ | (4.7 | )
Sales of Businesses and Investments – During the third quarter of 2011, we received net proceeds of $133.5 from the sale of approximately half of our holdings in Facebook, Inc. (the "Facebook transaction"), a cost-method investment, and recorded a pre-tax gain of $132.2. Additionally, during the first nine months of 2011, we recognized a loss relating to the sale of a business in the domestic market within our IAN segment. During the first nine months of 2010, we recognized a loss primarily related to the sale of one of our European businesses within our IAN segment. Vendor Discounts and Credit Adjustments – We are in the process of settling our liabilities related to vendor discounts and credits established as part of the 2004 Restatement. These adjustments reflect the reversal of certain of these liabilities as a result of settlements with clients or vendors or where the statute of limitations has lapsed. Share Repurchase Program In February 2011 our Board of Directors (the “Board”) authorized a program to repurchase from time to time up to $300.0 of our common stock. In August 2011, the Board authorized an increase in the amount available under our share repurchase program up to $450.0 of our common stock. We may effect such repurchases through open market purchases, trading plans established in accordance with SEC rules, derivative transactions or other means. We expect to continue to repurchase our common stock in future periods, although the timing and amount of the repurchases will depend on market conditions and our other funding requirements. The share repurchase program has no expiration date. Since the inception of our share repurchase program we have repurchased 27.0 shares that have settled through September 30, 2011, at an average price of $9.97 per share and an aggregate cost of $269.0, including fees.

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