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Supplementary Data (Notes)
 3 Months Ended
Mar. 31, 2013
Supplementary Data [Abstract]  
Supplementary Data
Supplementary Data
Accrued Liabilities
The following table presents the components of accrued liabilities.
 
March 31,
2013
 
December 31,
2012
Salaries, benefits and related expenses
$
363.5

 
$
478.2

Office and related expenses
48.4

 
51.6

Acquisition obligations
36.1

 
29.5

Interest
33.9

 
42.4

Professional fees
20.7

 
21.7

Other
93.8

 
104.8

Total accrued liabilities
$
596.4

 
$
728.2



2004 Restatement Liabilities
As part of the restatement we presented in our 2004 Annual Report on Form 10-K (the “2004 Restatement”), we recognized liabilities related to vendor discounts and credits where we had a contractual or legal obligation to rebate such amounts to our clients or vendors. Reductions to these liabilities are achieved through settlements with clients and vendors, but also may occur if the applicable statute of limitations in a jurisdiction has lapsed. As of March 31, 2013 and December 31, 2012, we had vendor discounts and credit liabilities of $25.5 and $26.9, respectively, related to the 2004 Restatement.

Other Income (Expense), Net
Results of operations for the three months ended March 31, 2013 and 2012 include certain items that are not directly associated with our revenue-producing operations.
 
Three months ended
March 31,
 
2013
 
2012
Gains (losses) on sales of businesses and investments
$
2.2

 
$
(3.4
)
Vendor discounts and credit adjustments
0.2

 
2.4

Other expense, net
(0.6
)
 
(0.3
)
Total other income (expense), net
$
1.8

 
$
(1.3
)

Sales of Businesses and Investments – During the three months ended March 31, 2013, the gains on sales of businesses and investments primarily related to a gain recognized from the sale of marketable securities in the Asia Pacific region within our IAN segment. During the three months ended March 31, 2012, the losses on sales of businesses and investments primarily related to a loss recognized from the sale of a business in the domestic market within our IAN segment.
Vendor Discounts and Credit Adjustments – We are in the process of settling our liabilities related to vendor discounts and credits established as part of the 2004 Restatement. These adjustments reflect the reversal of certain of these liabilities as a result of differences resulting from settlements with clients or vendors or where the statute of limitations has lapsed.
Share Repurchase Program
In February 2013, our Board of Directors (the "Board") authorized a new share repurchase program to repurchase from time to time up to $300.0, excluding fees, of our common stock (the "2013 share repurchase program"). In March 2013, the Board authorized an increase in the amount available under our 2013 share repurchase program up to $500.0, excluding fees, of our common stock to be used towards the repurchase of shares resulting from the conversion to common stock of the 4.75% Notes. We may effect such repurchases through open market purchases, trading plans established in accordance with SEC rules, derivative transactions or other means.
The following table presents our share repurchase activity under our share repurchase programs.
 
Three months ended
March 31,
 
2013
 
2012
Number of shares repurchased
6.2

 
4.9

Aggregate cost, including fees
$
75.8

 
$
52.5

Average price per share, including fees
$
12.17

 
$
10.61


As of March 31, 2013, $524.2 remains available for repurchase under the share repurchase programs. The share repurchase programs have no expiration date.
Accumulated Other Comprehensive Loss, Net of Tax
The following table presents the changes in accumulated other comprehensive loss, net of tax by component.
 
Foreign Currency Translation Adjustments
 
Available-for-Sale Securities
 
Derivative Instruments
 
Defined Benefit Pension and Other Postretirement Plans
 
Total
Balance as of December 31, 2012
$
(130.1
)
 
$
0.8

 
$
(12.7
)
 
$
(146.0
)
 
$
(288.0
)
Other comprehensive (loss) income before reclassifications
(37.6
)
 
0.4

 
0.0

 
(1.6
)
 
(38.8
)
Amount reclassified from accumulated other comprehensive loss, net of tax
0.0

 
(0.9
)
 
0.2

 
2.1

 
1.4

Total change for the period
(37.6
)
 
(0.5
)
 
0.2

 
0.5

 
(37.4
)
Balance as of March 31, 2013
$
(167.7
)
 
$
0.3

 
$
(12.5
)
 
$
(145.5
)
 
$
(325.4
)

Reclassifications out of accumulated other comprehensive loss, net of tax for the three months ended March 31, 2013 are as follows:
 
Amount Reclassified from Accumulated Other Comprehensive Loss
 
Affected Line Item in the Consolidated Statement of Operations
Foreign currency translation adjustments
$
0.0

 
 
Gains on available-for-sale securities
(1.0
)
 
Other income (expense), net
Losses on derivative instruments
0.4

 
Interest expense
Amortization of defined benefit pension and postretirement plans items 1
2.8

 
 
Tax effect
(0.8
)
 
Benefit of income taxes
Total amount reclassified from accumulated other comprehensive loss, net of tax for the three months ended March 31, 2013
$
1.4

 
 
 
1 
These accumulated other comprehensive loss components are included in the computation of net periodic cost. See Note 9 for further information.