Segment Information (Notes)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Segment Reporting Disclosure

Segment Information

As of March 31, 2019, we have two reportable segments: IAN and CMG. IAN is comprised of McCann Worldgroup, Foote, Cone & Belding ("FCB"), MullenLowe Group, IPG Mediabrands, Acxiom, 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. Beginning in the first quarter of 2019, Acxiom's results are presented in IAN although we continue to evaluate our financial reporting structure, and the profitability measure employed by our chief operating decision maker for allocating resources to operating divisions and assessing operating division performance is segment EBITA. Summarized financial information concerning our reportable segments is shown in the following table.

	Three months ended March 31,
	2019			2018
Total revenue:
IAN	$	1,872.2		$	1,685.5
CMG	489.0			483.6
Total	$	2,361.2		$	2,169.1
Net revenue:
IAN	$	1,711.2		$	1,481.3
CMG	293.6			292.7
Total	$	2,004.8		$	1,774.0
Segment EBITA:
IAN	$	114.5		$	61.0
CMG	1.9			20.7
Corporate and other	(44.6		)	(37.6		)
Total	$	71.8		$	44.1
Amortization of acquired intangibles:
IAN	$	20.5		$	4.1
CMG	1.1			1.2
Corporate and other	0.0			0.0
Total	$	21.6		$	5.3
Depreciation:
IAN	$	42.3		$	33.3
CMG	4.6			4.9
Corporate and other	2.6			2.5
Total	$	49.5		$	40.7
Capital expenditures:
IAN	$	26.5		$	15.8
CMG	1.0			1.1
Corporate and other	5.3			5.9
Total	$	32.8		$	22.8

	March 31, 2019		December 31, 2018
Total assets 1:
IAN	$	13,888.1	$	13,867.9
CMG	1,660.5		1,516.7
Corporate and other	501.4		235.7
Total	$	16,050.0	$	15,620.3

1 Results for December 31, 2018 have been restated to conform to the current-period presentation.

The following table presents the reconciliation of segment EBITA to Income (loss) before income taxes.

	Three months ended March 31,
	2019			2018
IAN EBITA	$	114.5		$	61.0
CMG EBITA	1.9			20.7
Corporate and other EBITA	(44.6		)	(37.6		)
Consolidated amortization of acquired intangibles	(21.6		)	(5.3		)
Operating income	50.2			38.8
Total (expenses) and other income	(48.9		)	(40.3		)
Income (loss) before income taxes	$	1.3		$	(1.5	)