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v3.25.1

Revenue (Tables) | 3 Months Ended
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Mar. 31, 2025
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: | 2025 |  | 2024 |  |  |  |
United States | $ | 1,573.9 |  |  | $ | 1,662.0 |  |  |  |  |
International: |  |  |  |  |  |  |
United Kingdom | 182.3 |  |  | 210.9 |  |  |  |  |
Continental Europe | 195.2 |  |  | 203.9 |  |  |  |  |
Asia Pacific | 147.1 |  |  | 173.1 |  |  |  |  |
Latin America | 79.1 |  |  | 92.6 |  |  |  |  |
Other | 145.0 |  |  | 153.4 |  |  |  |  |
Total International | 748.7 |  |  | 833.9 |  |  |  |  |
Total Consolidated | $ | 2,322.6 |  |  | $ | 2,495.9 |  |  |  |  |
| Three months ended March 31, |  |
Revenue before billable expenses: | 2025 |  | 2024 |  |  |  |
United States | $ | 1,358.2 |  |  | $ | 1,476.3 |  |  |  |  |
International: |  |  |  |  |  |  |
United Kingdom | 159.4 |  |  | 178.0 |  |  |  |  |
Continental Europe | 169.3 |  |  | 179.5 |  |  |  |  |
Asia Pacific | 119.3 |  |  | 142.8 |  |  |  |  |
Latin America | 72.5 |  |  | 87.1 |  |  |  |  |
Other | 117.6 |  |  | 119.2 |  |  |  |  |
Total International | 638.1 |  |  | 706.6 |  |  |  |  |
Total Consolidated | $ | 1,996.3 |  |  | $ | 2,182.9 |  |  |  |  |
MD&E | Three months ended March 31, |  |
Total revenue: | 2025 |  | 2024 |  |  |  |
United States | $ | 606.6 |  |  | $ | 637.7 |  |  |  |  |
International | 296.1 |  |  | 335.6 |  |  |  |  |
Total MD&E | $ | 902.7 |  |  | $ | 973.3 |  |  |  |  |
Revenue before billable expenses: |  |  |  |  |  |  |
United States | $ | 601.7 |  |  | $ | 633.5 |  |  |  |  |
International | 287.1 |  |  | 327.8 |  |  |  |  |
Total MD&E | $ | 888.8 |  |  | $ | 961.3 |  |  |  |  |
IA&C | Three months ended March 31, |  |
Total revenue: | 2025 |  | 2024 |  |  |  |
United States | $ | 542.9 |  |  | $ | 624.6 |  |  |  |  |
International | 318.6 |  |  | 339.2 |  |  |  |  |
Total IA&C | $ | 861.5 |  |  | $ | 963.8 |  |  |  |  |
Revenue before billable expenses: |  |  |  |  |  |  |
United States | $ | 516.4 |  |  | $ | 600.7 |  |  |  |  |
International | 264.2 |  |  | 280.7 |  |  |  |  |
Total IA&C | $ | 780.6 |  |  | $ | 881.4 |  |  |  |  |
Contract Balances | The following table provides information about receivables, contract assets and contract liabilities from contracts with customers.
| March 31, 2025 |  | December 31, 2024
Accounts receivable, net of allowance of $35.5 and $37.0, respectively | $ | 4,644.1 |  |  | $ | 5,649.7 |
Accounts receivable, billable to clients | 2,163.4 |  |  | 2,088.4 |
Contract assets | 48.7 |  |  | 50.1 |
Contract liabilities (deferred revenue) | 598.4 |  |  | 509.0 |

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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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