XML 36 R20.htm IDEA: XBRL DOCUMENT
v3.3.1.900

Segment Information (Notes) | 12 Months Ended
--- | ---
Dec. 31, 2015
Segment Reporting [Abstract] |
Segment Information | Segment Information As of December 31, 2015, we have two reportable segments: IAN and CMG. IAN is comprised of McCann Worldgroup, Foote, Cone & Belding ("FCB"), MullenLowe Group, IPG Mediabrands, our digital specialist agencies and our domestic integrated agencies. CMG is comprised of a number of our specialist marketing services offerings. We also report results for the “Corporate and other” group. Within IAN, our agencies provide a comprehensive array of global communications and marketing services, each offering a distinctive range of solutions for our clients. Our digital specialist agencies provide unique digital capabilities and service their own client rosters while also serving as key digital partners. In addition, our domestic integrated agencies, including Hill Holliday, Carmichael Lynch and Tierney, provide a full range of advertising, marketing communications services and/or marketing services and partner with our global operating divisions as needed. IAN’s operating divisions share similar economic characteristics and are similar in other areas, specifically related to the nature of their services, the manner in which the services are provided and the similarity of their respective customers. CMG, which includes Weber Shandwick, Cassidy, DeVries, Golin, FutureBrand, Jack Morton and Octagon Worldwide, provides clients with diversified services, including public relations, meeting and event production, sports and entertainment marketing, corporate and brand identity, and strategic marketing consulting. CMG shares some similarities with service lines offered by IAN; however, on an aggregate basis, CMG has a higher proportion of arrangements for which they act as principal, a different distribution model than IAN and different margin structure. The profitability measure employed by our chief operating decision maker for allocating resources to operating divisions and assessing operating division performance is operating income (loss), excluding the impact of restructuring and other reorganization-related (reversals) charges, net. All segments follow the same accounting policies as those described in Note 1. Certain corporate and other charges are reported as separate line items within total segment operating income and include corporate office expenses, as well as shared service center expenses and certain other centrally managed expenses that are not fully allocated to operating divisions. Salaries and related expenses include salaries, long-term incentive awards, annual bonuses and other miscellaneous benefits for corporate office employees. Office and general expenses primarily include professional fees related to internal control compliance, financial statement audits and legal, information technology and other consulting services, which are engaged and managed through the corporate office. In addition, office and general expenses includes rental expense and depreciation of leasehold improvements for properties occupied by corporate office employees. A portion of centrally managed expenses are allocated to operating divisions based on a formula that uses the planned revenues of each of the operating units. Amounts allocated also include specific charges for information technology-related projects, which are allocated based on utilization. Summarized financial information concerning our reportable segments is shown in the following table.
| Years ended December 31,
| 2015 |  | 2014 |  | 2013
Revenue: |  |  |  |  |
IAN | $ | 6,144.9 |  |  | $ | 6,076.3 |  |  | $ | 5,772.8 |
CMG | 1,468.9 |  |  | 1,460.8 |  |  | 1,349.5 |
Total | $ | 7,613.8 |  |  | $ | 7,537.1 |  |  | $ | 7,122.3 |
Segment operating income (loss): |  |  |  |  |
IAN | $ | 846.6 |  |  | $ | 774.7 |  |  | $ | 660.0 |
CMG | 166.3 |  |  | 163.4 |  |  | 139.7 |
Corporate and other | (141.8 | ) |  | (149.5 | ) |  | (140.8 | )
Total | 871.1 |  |  | 788.6 |  |  | 658.9 |
Restructuring and other reorganization-related reversals (charges), net | 0.8 |  |  | (0.2 | ) |  | (60.6 | )
Interest expense | (85.8 | ) |  | (84.9 | ) |  | (122.7 | )
Interest income | 22.8 |  |  | 27.4 |  |  | 24.7 |
Other expense, net | (46.7 | ) |  | (10.2 | ) |  | (32.3 | )
Income before income taxes | $ | 762.2 |  |  | $ | 720.7 |  |  | $ | 468.0 |
Depreciation and amortization of fixed assets and intangible assets: |  |  |  |  |
IAN | $ | 117.5 |  |  | $ | 124.5 |  |  | $ | 125.8 |
CMG | 18.4 |  |  | 18.5 |  |  | 15.8 |
Corporate and other | 21.1 |  |  | 20.0 |  |  | 15.8 |
Total | $ | 157.0 |  |  | $ | 163.0 |  |  | $ | 157.4 |
Capital expenditures: |  |  |  |  |
IAN | $ | 117.5 |  |  | $ | 92.0 |  |  | $ | 108.9 |
CMG | 12.7 |  |  | 11.7 |  |  | 18.6 |
Corporate and other | 30.9 |  |  | 45.0 |  |  | 45.5 |
Total | $ | 161.1 |  |  | $ | 148.7 |  |  | $ | 173.0 |
| December 31, |
| 2015 |  | 2014
Total assets: |  |  |
IAN | $ | 10,738.2 |  |  | $ | 11,080.2 |
CMG | 1,338.6 |  |  | 1,347.5 |
Corporate and other | 508.3 |  |  | 308.9 |
Total | $ | 12,585.1 |  |  | $ | 12,736.6 |
Revenue and long-lived assets, excluding intangible assets, are presented by major geographic area in the following table.
|  | Revenue |  | Long-Lived Assets
|  | Years ended December 31, |  | December 31,
|  | 2015 |  | 2014 |  | 2013 |  | 2015 |  | 2014
Domestic |  | $ | 4,475.5 |  |  | $ | 4,184.0 |  |  | $ | 3,972.6 |  |  | $ | 600.1 |  |  | $ | 572.9 |
International: |  |  |  |  |  |  |  |  |  |
United Kingdom |  | 687.7 |  |  | 688.3 |  |  | 568.3 |  |  | 56.3 |  |  | 56.7 |
Continental Europe |  | 697.2 |  |  | 804.7 |  |  | 800.6 |  |  | 58.6 |  |  | 66.4 |
Asia Pacific |  | 916.9 |  |  | 922.5 |  |  | 868.9 |  |  | 108.8 |  |  | 102.2 |
Latin America |  | 383.5 |  |  | 470.4 |  |  | 464.5 |  |  | 45.0 |  |  | 69.2 |
Other |  | 453.0 |  |  | 467.2 |  |  | 447.4 |  |  | 38.0 |  |  | 32.4 |
Total International |  | 3,138.3 |  |  | 3,353.1 |  |  | 3,149.7 |  |  | 306.7 |  |  | 326.9 |
Total Consolidated |  | $ | 7,613.8 |  |  | $ | 7,537.1 |  |  | $ | 7,122.3 |  |  | $ | 906.8 |  |  | $ | 899.8 |
Revenue is primarily attributed to geographic areas based on where the services are performed. Property and equipment are allocated based upon physical location. Other assets and investments are allocated based on the location of the related operations.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration