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Supplementary Data (Notes) | 9 Months Ended
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Sep. 30, 2022
Supplementary Data [Abstract] |
Accrued Liabilities | Accrued Liabilities The following table presents the components of accrued liabilities.
| September 30, 2022 |  | December 31, 2021
Salaries, benefits and related expenses | $ | 483.0 |  |  | $ | 685.4 |
Interest | 40.6 |  |  | 39.0 |
Income taxes payable | 26.4 |  |  | 42.8 |
Office and related expenses | 26.0 |  |  | 30.5 |
Acquisition obligations | 15.0 |  |  | 15.4 |
Restructuring charges | 2.8 |  |  | 8.1 |
Other | 75.5 |  |  | 96.9 |
Total accrued liabilities | $ | 669.3 |  |  | $ | 918.1 |
Other Income, Net | Other Income (Expense), Net Results of operations for the three and nine months ended September 30, 2022 and 2021 include certain items that are not directly associated with our revenue-producing operations.
| Three months ended September 30, |  | Nine months ended September 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Net gains/(losses) on sales of businesses | $ | 3.1 |  |  | $ | (4.4) |  |  | $ | (4.0) |  |  | $ | (18.6) |
Loss on early extinguishment of debt | — |  |  | — |  |  | — |  |  | (74.0) |
Other | 14.4 |  |  | 6.7 |  |  | 10.8 |  |  | 15.7 |
Other income (expense), net | $ | 17.5 |  |  | $ | 2.3 |  |  | $ | 6.8 |  |  | $ | (76.9) |
Net gains/(losses) on sales of businesses – During the three and nine months ended September 30, 2022 and 2021, the amounts recognized were related to sales of businesses and the classification of certain assets and liabilities, consisting primarily of cash, as held for sale within our MD&E, IA&C, and SC&E reportable segm ents. The businesses sold and held for sale primarily represent unprofitable, non-strategic agencies which are expected to be sold within the next twelve months. Loss on early extinguishment of debt – During the nine months ended September 30, 2021, we recorded a loss of $74.0 related to the early extinguishment of all $250.0 aggregate principal amount of our 4.000% unsecured senior notes due 2022, all $500.0 aggregate principal amount of our 3.750% unsecured senior notes due 2023, and $250.0 of the $500.0 aggregate principal amount of our 4.200% unsecured senior notes due 2024.Other - During the three months ended September 30, 2022, the amounts recognized were primarily related to a cash gain from the sale of an equity investment. During the nine months ended September 30, 2022, the amounts recognized were primarily attributable to factors noted for the third quarter of 2022, partially offset by a non-cash loss related to the deconsolidation of a previously consolidated entity in which we maintain an equity interest in the second quarter of 2022. During the three and nine months ended September 30, 2021, the amounts recognized were primarily related to a non-cash gain related to the deconsolidation of a previously consolidated subsidiary.
Share Repurchase Program | Share Repurchase Program
Redeemable Noncontrolling Interest [Table Text Block] | Redeemable Non-controlling Interests Many of our acquisitions include provisions under which the non-controlling equity owners may require us to purchase additional interests in a subsidiary at their discretion. Redeemable non-controlling interests are adjusted quarterly, if necessary, to their estimated redemption value, but not less than their initial fair value. Any adjustments to the redemption value impact retained earnings or additional paid in capital, except for foreign currency translation adjustments. The following table presents changes in our redeemable non-controlling interests.
| Nine months ended September 30,
| 2022 |  | 2021
Balance at beginning of period | $ | 15.6 |  |  | $ | 93.1 |
Change in related non-controlling interests balance | (0.8) |  |  | 1.1 |
Changes in redemption value of redeemable non-controlling interests: |  |  |
Additions | 3.1 |  |  | 0.0 |
Redemptions | (9.4) |  |  | (22.7) |
Redemption value adjustments | 0.6 |  |  | 1.1 |
Balance at end of period | $ | 9.1 |  |  | $ | 72.6 |

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