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Segment Information (Notes)
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Segment Reporting Disclosure
Segment Information
As of September 30, 2016, we have two reportable segments: IAN and CMG. IAN is comprised of McCann Worldgroup, Foote, Cone & Belding ("FCB"), MullenLowe 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 2015 Annual Report on Form 10-K; however, segment operating income (loss) for the three and nine months ended September 30, 2016 and 2015 includes a minimal impact of restructuring and other reorganization-related charges.
Summarized financial information concerning our reportable segments is shown in the following table.
 
Three months ended
September 30,
 
Nine months ended
September 30,
 
2016
 
2015
 
2016
 
2015
Revenue:
 
 
 
 
 
 
 
IAN
$
1,503.2

 
$
1,484.1

 
$
4,453.3

 
$
4,351.3

CMG
419.0

 
381.4

 
1,128.8

 
1,066.3

Total
$
1,922.2

 
$
1,865.5

 
$
5,582.1

 
$
5,417.6

 
 
 
 
 
 
 
 
Segment operating income (loss):
 
 
 
 
 
 
 
IAN
$
183.3

 
$
182.9

 
$
421.7

 
$
419.2

CMG
54.8

 
48.2

 
125.2

 
109.5

Corporate and other
(30.9
)
 
(39.2
)
 
(94.0
)
 
(113.2
)
Total
207.2

 
191.9

 
452.9

 
415.5

 
 
 
 
 
 
 
 
Interest expense
(21.7
)
 
(21.3
)
 
(68.8
)
 
(62.5
)
Interest income
4.7

 
5.6

 
16.1

 
17.8

Other income (expense), net
6.1

 
(37.2
)
 
(11.1
)
 
(36.4
)
Income before income taxes
$
196.3

 
$
139.0

 
$
389.1

 
$
334.4

 
 
 
 
 
 
 
 
Depreciation and amortization of property and equipment and intangible assets:
 
 
 
 
 
 
 
IAN
$
29.1

 
$
27.9

 
$
85.9

 
$
87.5

CMG
4.9

 
4.9

 
14.6

 
13.9

Corporate and other
5.7

 
5.3

 
17.0

 
14.9

Total
$
39.7

 
$
38.1

 
$
117.5

 
$
116.3

 
 
 
 
 
 
 
 
Capital expenditures:
 
 
 
 
 
 
 
IAN
$
39.7

 
$
23.0

 
$
86.9

 
$
55.4

CMG
4.7

 
2.3

 
8.4

 
5.8

Corporate and other
7.1

 
5.6

 
19.2

 
19.5

Total
$
51.5

 
$
30.9

 
$
114.5

 
$
80.7

 
 
 
 
 
 
 
 
 
September 30,
2016
 
December 31,
2015
 
 
 
 
Total assets:
 
 
 
 
 
 
 
IAN
$
10,285.1

 
$
10,738.2

 
 
 
 
CMG
1,419.0

 
1,338.6

 
 
 
 
Corporate and other
135.4

 
508.3

 
 
 
 
Total
$
11,839.5

 
$
12,585.1