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Revenue (Tables)
9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue Principal Geographic Markets
Our agencies are located in over 100 countries, including every significant world market. Our geographic revenue breakdown is listed below.
 Three months ended
September 30,
Nine months ended
September 30,
Total revenue:2022202120222021
United States$1,744.3 $1,612.1 $5,171.8 $4,595.8 
International:
United Kingdom195.5 224.3 646.8 637.4 
Continental Europe184.4 200.2 610.2 625.6 
Asia Pacific219.8 229.0 652.9 673.1 
Latin America113.6 104.3 318.0 290.1 
Other180.1 172.1 542.2 486.6 
Total International893.4 929.9 2,770.1 2,712.8 
Total Consolidated$2,637.7 $2,542.0 $7,941.9 $7,308.6 
 
 Three months ended
September 30,
Nine months ended
September 30,
Revenue before billable expenses1:
2022202120222021
United States$1,523.0 $1,459.3 $4,548.0 $4,204.6 
International:
United Kingdom176.5 195.1 543.7 573.7 
Continental Europe160.1 178.1 539.2 559.4 
Asia Pacific187.1 192.0 549.5 553.6 
Latin America107.4 96.3 297.0 268.6 
Other142.1 140.9 421.5 399.1 
Total International773.2 802.4 2,350.9 2,354.4 
Total Consolidated$2,296.2 $2,261.7 $6,898.9 $6,559.0 
1 Revenue before billable expenses was previously labeled as net revenue. 
MD&EThree months ended
September 30,
Nine months ended
September 30,
Total revenue:2022202120222021
United States$613.1 $614.4 $1,841.3 $1,752.5 
International381.5 387.1 1,149.9 1,123.5 
Total MD&E$994.6 $1,001.5 $2,991.2 $2,876.0 
Revenue before billable expenses:
United States$606.5 $606.8 $1,811.9 $1,733.2 
International371.5 373.2 1,116.0 1,081.9 
Total MD&E$978.0 $980.0 $2,927.9 $2,815.1 
 
IA&CThree months ended
September 30,
Nine months ended
September 30,
Total revenue:2022202120222021
United States$689.9 $644.0 $2,081.7 $1,883.8 
International367.6 389.3 1,133.4 1,151.6 
Total IA&C$1,057.5 $1,033.3 $3,215.1 $3,035.4 
Revenue before billable expenses:
United States$665.5 $620.5 $2,002.5 $1,810.8 
International307.8 330.7 938.6 978.9 
Total IA&C$973.3 $951.2 $2,941.1 $2,789.7 
Contract Balances
The following table provides information about receivables, contract assets and contract liabilities from contracts with customers.
September 30,
2022
December 31,
2021
Accounts receivable, net of allowance of $57.4 and $68.5, respectively$4,121.1 $5,177.7 
Accounts receivable, billable to clients2,158.0 2,347.2 
Contract assets56.3 62.3 
Contract liabilities (deferred revenue)659.8 688.5