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Segment Information (Notes) | 9 Months Ended
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Sep. 30, 2019
Segment Reporting [Abstract] |
Segment Reporting Disclosure | Segment Information As of September 30, 2019, we have two reportable segments: IAN and CMG. IAN is comprised of McCann Worldgroup, FCB (Foote, Cone & Belding), MullenLowe Group, IPG Mediabrands, Acxiom, 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. Beginning in the first quarter of 2019, Acxiom's results are presented in IAN, although we continue to evaluate our financial reporting structure, and the profitability measure employed by our chief operating decision maker for allocating resources to operating divisions and assessing operating division performance is segment EBITA. Summarized financial information concerning our reportable segments is shown in the following table.
| Three months ended September 30, |  | Nine months ended September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Total revenue: |  |  |  |  |  |  |
IAN | $ | 1,903.9 |  |  | $ | 1,774.7 |  |  | $ | 5,744.7 |  |  | $ | 5,272.7 |
CMG | 534.2 |  |  | 522.8 |  |  | 1,574.8 |  |  | 1,585.7 |
Total | $ | 2,438.1 |  |  | $ | 2,297.5 |  |  | $ | 7,319.5 |  |  | $ | 6,858.4 |
Net revenue: |  |  |  |  |  |  |
IAN | $ | 1,743.9 |  |  | $ | 1,580.5 |  |  | $ | 5,260.9 |  |  | $ | 4,690.9 |
CMG | 317.5 |  |  | 315.2 |  |  | 931.2 |  |  | 927.0 |
Total | $ | 2,061.4 |  |  | $ | 1,895.7 |  |  | $ | 6,192.1 |  |  | $ | 5,617.9 |
Segment EBITA: |  |  |  |  |  |  |
IAN | $ | 261.2 |  |  | $ | 240.2 |  |  | $ | 637.4 |  |  | $ | 543.4 |
CMG | 51.8 |  |  | 49.2 |  |  | 97.3 |  |  | 113.1 |
Corporate and other | (11.0 | ) |  | (22.6 | ) |  | (75.4 | ) |  | (91.2 | )
Total | $ | 302.0 |  |  | $ | 266.8 |  |  | $ | 659.3 |  |  | $ | 565.3 |
Amortization of acquired intangibles: |  |  |  |  |  |  |
IAN | $ | 20.6 |  |  | $ | 3.9 |  |  | $ | 61.3 |  |  | $ | 11.9 |
CMG | 1.1 |  |  | 1.2 |  |  | 3.3 |  |  | 3.7 |
Corporate and other | 0.0 |  |  | 0.0 |  |  | 0.0 |  |  | 0.0 |
Total | $ | 21.7 |  |  | $ | 5.1 |  |  | $ | 64.6 |  |  | $ | 15.6 |
Depreciation: |  |  |  |  |  |  |
IAN | $ | 41.3 |  |  | $ | 33.0 |  |  | $ | 128.8 |  |  | $ | 98.2 |
CMG | 4.8 |  |  | 4.9 |  |  | 14.3 |  |  | 14.5 |
Corporate and other | 1.2 |  |  | 1.0 |  |  | 5.4 |  |  | 5.7 |
Total | $ | 47.3 |  |  | $ | 38.9 |  |  | $ | 148.5 |  |  | $ | 118.4 |
Capital expenditures: |  |  |  |  |  |  |
IAN | $ | 44.5 |  |  | $ | 35.2 |  |  | $ | 106.9 |  |  | $ | 82.9 |
CMG | 4.0 |  |  | 4.2 |  |  | 7.9 |  |  | 7.2 |
Corporate and other | 5.2 |  |  | 4.8 |  |  | 19.0 |  |  | 15.6 |
Total | $ | 53.7 |  |  | $ | 44.2 |  |  | $ | 133.8 |  |  | $ | 105.7 |
| September 30, 2019 |  | December 31, 2018
Total assets 1: |  |  |
IAN | $ | 13,998.5 |  |  | $ | 13,867.9 |
CMG | 1,656.1 |  |  | 1,516.7 |
Corporate and other | 343.0 |  |  | 235.7 |
Total | $ | 15,997.6 |  |  | $ | 15,620.3 |
1 Results for December 31, 2018 have been restated to conform to the current-period presentation. The following table presents the reconciliation of segment EBITA to Income before income taxes.
| Three months ended September 30, |  | Nine months ended September 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
IAN EBITA | $ | 261.2 |  |  | $ | 240.2 |  |  | $ | 637.4 |  |  | $ | 543.4 |
CMG EBITA | 51.8 |  |  | 49.2 |  |  | 97.3 |  |  | 113.1 |
Corporate and other EBITA | (11.0 | ) |  | (22.6 | ) |  | (75.4 | ) |  | (91.2 | )
Less: consolidated amortization of acquired intangibles | 21.7 |  |  | 5.1 |  |  | 64.6 |  |  | 15.6 |
Operating income | 280.3 |  |  | 261.7 |  |  | 594.7 |  |  | 549.7 |
Total (expenses) and other income | (47.6 | ) |  | (37.6 | ) |  | (144.2 | ) |  | (115.6 | )
Income before income taxes | $ | 232.7 |  |  | $ | 224.1 |  |  | $ | 450.5 |  |  | $ | 434.1 |

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- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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