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Supplementary Data (Tables) | 3 Months Ended
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Mar. 31, 2024
Supplementary Data [Abstract] |
Accrued Liabilities | The following table presents the components of accrued liabilities.
| March 31, 2024 |  | December 31, 2023
Salaries, benefits and related expenses | $ | 316.9 |  |  | $ | 507.5 |
Interest | 60.7 |  |  | 40.2 |
Income taxes payable | 35.9 |  |  | 56.8 |
Office and related expenses | 20.0 |  |  | 22.3 |
Acquisition obligations | 9.4 |  |  | 2.9 |
Restructuring charges | 0.2 |  |  | 0.6 |
Other | 84.8 |  |  | 75.5 |
Total accrued liabilities | $ | 527.9 |  |  | $ | 705.8 |
Other Income (Expense), Net | Results of operations for the three months ended March 31, 2024 and 2023 include certain items that are not directly associated with our revenue-producing operations.
| Three months ended March 31, |  |
| 2024 |  | 2023 |  |  |  |
Net losses on sales of businesses | $ | (6.8) |  |  | $ | (4.2) |  |  |  |  |
Other | (2.7) |  |  | (2.5) |  |  |  |  |
Total other expense, net | $ | (9.5) |  |  | $ | (6.7) |  |  |  |  |
Net losses on sales of businesses – During the three months ended March 31, 2024 and 2023, the amounts recognized were related to sales of businesses and the classification of certain assets and liabilities, consisting primarily of accounts receivable and accounts payable, as held for sale within our MD&E, IA&C, and SC&E reportable segments. The businesses sold and held for sale primarily represent unprofitable, non-strategic agencies which are expected to be sold within the next twelve months. Other – During the three months ended March 31, 2024 and 2023, the amounts recognized were primarily related to pension and postretirement costs.
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.
| Three months ended March 31,
| 2024 |  | 2023
Balance at beginning of period | $ | 42.3 |  |  | $ | 38.3 |
Change in related non-controlling interests balance | (0.3) |  |  | 0.3 |
Changes in redemption value of redeemable non-controlling interests: |  |  |
Additions | — |  |  | — |
Redemptions and other | (6.1) |  |  | (0.4) |
Redemption value adjustments | 0.0 |  |  | — |
Currency translation adjustments | 0.1 |  |  | 0.2 |
Balance at end of period | $ | 36.0 |  |  | $ | 38.4 |

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- Definition Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity. + References No definition available. + Details
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- Definition Tabular disclosure of the detailed components of other nonoperating income. May include methodology, assumptions and amounts for: (a) dividends, (b) interest on securities, (c) profits on securities (net of losses), and (d) miscellaneous other income items. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(7)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 + Details
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