Employee Benefits (Notes)

9 Months Ended

Sep. 30, 2016

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

We have a defined benefit pension plan that covers certain U.S. employees (the “Domestic Pension Plan”). We also have numerous funded and unfunded plans outside the U.S. The Interpublic Limited Pension Plan in the U.K. (the "U.K. Pension Plan") is a defined benefit plan and is our most material foreign pension plan in terms of the benefit obligation and plan assets. During the third quarter of 2016, the U.K. Pension Plan was amended and participants ceased accruing incremental service benefits, requiring the U.K. Pension Plan to be re-measured. As a result, we re-measured the benefit obligation resulting in the recognition of a pre-tax net actuarial loss of $79.2, as reflected in our Consolidated Statements of Comprehensive Income for the three and nine months ended September 30, 2016. The net actuarial loss was primarily due to an increase to the projected benefit obligation resulting from a lower discount rate, partially offset by higher actual investment returns.

Some of our domestic and foreign subsidiaries provide postretirement health benefits and life insurance to eligible employees and, in certain cases, their dependents. The domestic postretirement benefit plan is our most material postretirement benefit plan in terms of the benefit obligation. Certain immaterial foreign pension and postretirement benefit plans have been excluded from the table below.

The components of net periodic cost for the Domestic Pension Plan, the significant foreign pension plans and the domestic postretirement benefit plan are listed below.



	Domestic Pension Plan						Foreign Pension Plans						Domestic Postretirement Benefit Plan
Three months ended September 30,	2016			2015			2016			2015			2016			2015
Service cost	$	0.0		$	0.0		$	2.4		$	2.7		$	0.0		$	0.0
Interest cost	1.4			(4.1		)	4.1			4.9			0.4			0.5
Expected return on plan assets	(1.5		)	(1.8		)	(4.9		)	(5.3		)	0.0			0.0
Settlements and curtailments	0.0			0.0			0.1			(0.2		)	0.0			0.0
Amortization of:
Prior service cost (credit)	0.0			0.0			0.1			0.0			(0.1		)	(0.1		)
Unrecognized actuarial losses	0.3			0.3			0.9			1.1			0.0			0.0
Net periodic cost	$	0.2		$	(5.6	)	$	2.7		$	3.2		$	0.3		$	0.4



	Domestic Pension Plan						Foreign Pension Plans						Domestic Postretirement Benefit Plan
Nine months ended September 30,	2016			2015			2016			2015			2016			2015
Service cost	$	0.0		$	0.0		$	7.3		$	7.6		$	0.0		$	0.0
Interest cost	4.4			(1.1		)	13.3			14.3			1.1			1.2
Expected return on plan assets	(4.9		)	(5.6		)	(15.5		)	(15.6		)	0.0			0.0
Settlements and curtailments	0.0			0.0			0.3			0.0			0.0			0.0
Amortization of:
Prior service cost (credit)	0.0			0.0			0.1			0.1			(0.1		)	(0.1		)
Unrecognized actuarial losses	1.0			4.4			2.7			3.1			0.0			0.0
Net periodic cost	$	0.5		$	(2.3	)	$	8.2		$	9.5		$	1.0		$	1.1

During the nine months ended September 30, 2016, we contributed $20.3 of cash to our foreign pension plans. For the remainder of 2016, we expect to contribute approximately $5.0 of cash to our foreign pension plans. We do not expect to make any contributions to our Domestic Pension Plan in 2016.