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Segment Information (Notes)
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Segment Reporting Disclosure
Segment Information
As of June 30, 2015, we have two reportable segments: IAN and CMG. IAN is comprised of McCann Worldgroup, Foote, Cone & Belding ("FCB"), Mullen Lowe Group, IPG Mediabrands, our digital specialist agencies and our domestic integrated agencies. CMG is comprised of a number of our specialist marketing services offerings. We also report results for the “Corporate and other” group. The profitability measure employed by our chief operating decision maker for allocating resources to operating divisions and assessing operating division performance is segment operating income (loss). Segment information is presented consistently with the basis described in our 2014 Annual Report on Form 10-K; however, segment operating income (loss) for the three and six months ended June 30, 2015 and 2014 now includes the impact of net restructuring and other reorganization-related reversals. See Note 7 for further information on net restructuring and other reorganization-related liabilities.
Summarized financial information concerning our reportable segments for the three and six months ended June 30, 2015 and 2014 is shown in the following table.
 
Three months ended
June 30,
 
Six months ended
June 30,
 
2015
 
2014
 
2015
 
2014
Revenue:
 
 
 
 
 
 
 
IAN
$
1,526.7

 
$
1,496.0

 
$
2,876.6

 
$
2,811.7

CMG
349.4

 
355.4

 
675.5

 
677.2

Total
$
1,876.1

 
$
1,851.4

 
$
3,552.1

 
$
3,488.9

 
 
 
 
 
 
 
 
Segment operating income (loss):
 
 
 
 
 
 
 
IAN
$
205.0

 
$
184.0

 
$
236.6

 
$
195.5

CMG
41.3

 
41.3

 
61.0

 
58.8

Corporate and other
(30.5
)
 
(29.5
)
 
(74.0
)
 
(70.2
)
Total
$
215.8

 
$
195.8

 
$
223.6

 
$
184.1

 
 
 
 
 
 
 
 
Interest expense
(20.3
)
 
(22.6
)
 
(41.2
)
 
(42.8
)
Interest income
5.0

 
6.6

 
12.2

 
12.8

Other income (expense), net
0.5

 
(11.2
)
 
0.8

 
(9.5
)
Income before income taxes
$
201.0

 
$
168.6

 
$
195.4

 
$
144.6

 
 
 
 
 
 
 
 
Depreciation and amortization of property and equipment and intangible assets:
 
 
 
 
 
 
 
IAN
$
30.2

 
$
30.2

 
$
59.6

 
$
61.7

CMG
4.4

 
4.6

 
9.0

 
8.8

Corporate and other
4.9

 
5.4

 
9.6

 
10.2

Total
$
39.5

 
$
40.2

 
$
78.2

 
$
80.7

 
 
 
 
 
 
 
 
Capital expenditures:
 
 
 
 
 
 
 
IAN
$
20.4

 
$
17.2

 
$
32.5

 
$
31.1

CMG
2.3

 
3.1

 
3.4

 
5.6

Corporate and other
6.9

 
11.8

 
13.9

 
22.0

Total
$
29.6

 
$
32.1

 
$
49.8

 
$
58.7

 
 
 
 
 
 
 
 
 
June 30,
2015
 
December 31,
2014
 
 
 
 
Total assets:
 
 
 
 
 
 
 
IAN
$
10,156.4

 
$
11,111.2

 
 
 
 
CMG
1,275.2

 
1,316.5

 
 
 
 
Corporate and other
67.7

 
319.5

 
 
 
 
Total
$
11,499.3

 
$
12,747.2