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Segment Information (Notes)
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Segment Reporting Disclosure
Segment Information
As of June 30, 2018, 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 2017 Annual Report on Form 10-K.    Summarized financial information concerning our reportable segments is shown in the following table.
 
Three months ended
June 30,
 
Six months ended
June 30,
 
2018
 
2017
 
2018
 
2017
Total revenue:
 
 
 
 
 
 
 
IAN
$
1,812.5

 
$
1,711.3

 
$
3,498.0

 
$
3,279.1

CMG
579.3

 
474.5

 
1,062.9

 
970.5

Total
$
2,391.8

 
$
2,185.8

 
$
4,560.9

 
$
4,249.6

 
 
 
 
 
 
 
 
Net revenue:
 
 
 
 
 
 
 
IAN
$
1,629.1

 
$
1,534.0

 
$
3,110.4

 
$
2,925.1

CMG
319.1

 
300.6

 
611.8

 
584.8

Total
$
1,948.2

 
$
1,834.6

 
$
3,722.2

 
$
3,509.9

 
 
 
 
 
 
 
 
Segment operating income (loss):
 
 
 
 
 
 
 
IAN
$
238.2

 
$
195.9

 
$
295.2

 
$
246.0

CMG
42.0

 
51.5

 
61.4

 
73.6

Corporate and other
(31.0
)
 
(21.7
)
 
(68.6
)
 
(59.2
)
Total
249.2

 
225.7

 
288.0

 
260.4

 
 
 
 
 
 
 
 
Interest expense, net
(21.4
)
 
(21.0
)
 
(37.3
)
 
(36.7
)
Other expense, net
(16.3
)
 
(15.4
)
 
(40.7
)
 
(14.6
)
Income before income taxes
$
211.5

 
$
189.3

 
$
210.0

 
$
209.1

 
 
 
 
 
 
 
 
Depreciation and amortization
 
 
 
 
 
 
 
IAN
$
35.8

 
$
33.9

 
$
73.2

 
$
66.6

CMG
6.0

 
6.0

 
12.1

 
12.0

Corporate and other
2.2

 
1.4

 
4.7

 
3.7

Total
$
44.0

 
$
41.3

 
$
90.0

 
$
82.3

 
 
 
 
 
 
 
 
Capital expenditures:
 
 
 
 
 
 
 
IAN
$
31.9

 
$
31.4

 
$
47.7

 
$
48.6

CMG
1.9

 
4.0

 
3.0

 
6.7

Corporate and other
4.9

 
8.7

 
10.8

 
13.6

Total
$
38.7

 
$
44.1

 
$
61.5

 
$
68.9

 
 
 
 
 
 
 
 
 
June 30,
2018
 
December 31,
2017
 
 
 
 
Total assets:
 
 
 
 
 
 
 
IAN
$
10,840.0

 
$
10,978.0

 
 
 
 
CMG
1,476.8

 
1,427.4

 
 
 
 
Corporate and other
40.8

 
299.3

 
 
 
 
Total
$
12,357.6

 
$
12,704.7