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Revenue (Tables) | 3 Months Ended
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Mar. 31, 2024
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue Principal Geographic Markets | Our agencies are located in over 100 countries, including every significant world market. Our geographic revenue breakdown is listed below.
| Three months ended March 31, |  |
Total revenue: | 2024 |  | 2023 |  |  |  |
United States | $ | 1,662.0 |  |  | $ | 1,683.2 |  |  |  |  |
International: |  |  |  |  |  |  |
United Kingdom | 210.9 |  |  | 195.8 |  |  |  |  |
Continental Europe | 203.9 |  |  | 193.6 |  |  |  |  |
Asia Pacific | 173.1 |  |  | 191.9 |  |  |  |  |
Latin America | 92.6 |  |  | 90.7 |  |  |  |  |
Other | 153.4 |  |  | 165.8 |  |  |  |  |
Total International | 833.9 |  |  | 837.8 |  |  |  |  |
Total Consolidated | $ | 2,495.9 |  |  | $ | 2,521.0 |  |  |  |  |
| Three months ended March 31, |  |
Revenue before billable expenses: | 2024 |  | 2023 |  |  |  |
United States | $ | 1,476.3 |  |  | $ | 1,470.6 |  |  |  |  |
International: |  |  |  |  |  |  |
United Kingdom | 178.0 |  |  | 170.2 |  |  |  |  |
Continental Europe | 179.5 |  |  | 163.7 |  |  |  |  |
Asia Pacific | 142.8 |  |  | 159.2 |  |  |  |  |
Latin America | 87.1 |  |  | 84.7 |  |  |  |  |
Other | 119.2 |  |  | 128.5 |  |  |  |  |
Total International | 706.6 |  |  | 706.3 |  |  |  |  |
Total Consolidated | $ | 2,182.9 |  |  | $ | 2,176.9 |  |  |  |  |
MD&E | Three months ended March 31, |  |
Total revenue: | 2024 |  | 2023 |  |  |  |
United States | $ | 637.7 |  |  | $ | 649.7 |  |  |  |  |
International | 335.6 |  |  | 337.2 |  |  |  |  |
Total MD&E | $ | 973.3 |  |  | $ | 986.9 |  |  |  |  |
Revenue before billable expenses: |  |  |  |  |  |  |
United States | $ | 633.5 |  |  | $ | 637.3 |  |  |  |  |
International | 327.8 |  |  | 328.6 |  |  |  |  |
Total MD&E | $ | 961.3 |  |  | $ | 965.9 |  |  |  |  |
IA&C | Three months ended March 31, |  |
Total revenue: | 2024 |  | 2023 |  |  |  |
United States | $ | 624.6 |  |  | $ | 622.3 |  |  |  |  |
International | 339.2 |  |  | 336.7 |  |  |  |  |
Total IA&C | $ | 963.8 |  |  | $ | 959.0 |  |  |  |  |
Revenue before billable expenses: |  |  |  |  |  |  |
United States | $ | 600.7 |  |  | $ | 592.3 |  |  |  |  |
International | 280.7 |  |  | 278.2 |  |  |  |  |
Total IA&C | $ | 881.4 |  |  | $ | 870.5 |  |  |  |  |
Contract Balances | The following table provides information about receivables, contract assets and contract liabilities from contracts with customers.
| March 31, 2024 |  | December 31, 2023
Accounts receivable, net of allowance of $45.1 and $46.4, respectively | $ | 4,329.6 |  |  | $ | 5,768.8 |
Accounts receivable, billable to clients | 2,145.0 |  |  | 2,229.2 |
Contract assets | 59.1 |  |  | 68.6 |
Contract liabilities (deferred revenue) | 707.7 |  |  | 684.7 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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