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Supplementary Data (Notes)
 9 Months Ended
Sep. 30, 2014
Supplementary Data [Abstract]  
Supplementary Data
Accrued Liabilities
The following table presents the components of accrued liabilities.
 
September 30,
2014
 
December 31,
2013
Salaries, benefits and related expenses
$
410.7

 
$
467.2

Office and related expenses
50.3

 
56.9

Acquisition obligations
57.0

 
12.8

Interest
17.2

 
16.0

Restructuring and other reorganization-related
7.2

 
46.7

Other
96.4

 
118.8

Total accrued liabilities
$
638.8

 
$
718.4



Other Expense, Net
Results of operations for the three and nine months ended September 30, 2014 and 2013, include certain items that are not directly associated with our revenue-producing operations.
 
Three months ended
September 30,
 
Nine months ended
September 30,
 
2014
 
2013
 
2014
 
2013
Loss on early extinguishment of debt
$
0.0

 
$
(45.2
)
 
$
(10.4
)
 
$
(45.2
)
Gains (losses) on sales of businesses and investments
0.1

 
$
(0.8
)
 
1.2

 
1.9

Vendor discounts and credit adjustments
0.3

 
0.1

 
2.0

 
0.6

Other (expense) income, net
(1.0
)
 
(0.7
)
 
(2.9
)
 
2.7

Total other expense, net
$
(0.6
)
 
$
(46.6
)
 
$
(10.1
)
 
$
(40.0
)

Loss on Early Extinguishment of Debt – During the nine months ended September 30, 2014, we recorded a charge of $10.4 related to the redemption of our 6.25% Notes. See Note 2 to the unaudited Consolidated Financial Statements for further information. During the nine months ended September 30, 2013, we recorded a charge of $45.2 related to the redemption of our 10.00% Senior Unsecured Notes due 2017.
Sales of Businesses and Investments – During the nine months ended September 30, 2014, we recognized gains from the sale of a business within our IAN segment and the sale of investments in Rabbi Trusts. During the nine months ended September 30, 2013, the gains on sales of businesses and investments related to a gain recognized from the sale of marketable securities in the Asia Pacific region within our IAN segment and the sale of investments in our Rabbi Trusts, which was partially offset by a loss recognized in the third quarter of 2013 from the sale of a business in the United Kingdom within our IAN segment.
Vendor Discounts and Credit Adjustments – In connection with the liabilities related to vendor discounts and credits established as part of the restatement we presented in our 2004 Annual Report on Form 10-K, these adjustments reflect the reversal of certain of these liabilities primarily where the statute of limitations has lapsed, or as a result of differences resulting from settlements with clients or vendors.
Other (Expense) Income, net – During the nine months ended September 30, 2014, we recorded an other-than-temporary impairment on an investment in an unconsolidated affiliate in the Asia Pacific region within our IAN segment. During the nine months ended September 30, 2013, other expense, net primarily included a non-cash gain on re-measurement to fair value of an equity interest in an affiliate, located in the Asia Pacific region within our CMG segment, upon acquiring a controlling interest.
Share Repurchase Program
In February 2013, our Board of Directors (the "Board") authorized a 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. In February 2014, our Board authorized a new share repurchase program to repurchase from time to time up to $300.0, excluding fees, of our common stock (the "2014 Share Repurchase Program").
We may effect such repurchases through open market purchases, trading plans established in accordance with SEC rules, derivative transactions or other means. We expect to continue to repurchase our common stock in future periods, although the timing and amount of the repurchases will depend on market conditions and other funding requirements.
The following table presents our share repurchase activity under our 2013 and 2014 Share Repurchase Programs for the nine months ended September 30, 2014 and 2013.
 
Nine months ended
September 30,
 
2014
 
2013
Number of shares repurchased
8.3
 
19.9

Aggregate cost, including fees
$
148.1

 
$
280.8

Average price per share, including fees
$
17.91

 
$
14.12


As of September 30, 2014, $270.6 remains available for repurchase under the 2014 Share Repurchase Programs. The 2014 Share Repurchase Program has no expiration date. As of September 30, 2014, we have fully utilized the 2013 Share Repurchase Program.