XML 30 R20.htm IDEA: XBRL DOCUMENT v3.23.1
Revenue (Tables)
3 Months Ended
Mar. 31, 2023
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
March 31,
Total revenue:20232022
United States$1,683.2 $1,650.4 
International:
United Kingdom195.8 232.1 
Continental Europe193.6 204.7 
Asia Pacific191.9 215.3 
Latin America90.7 94.4 
Other165.8 171.6 
Total International837.8 918.1 
Total Consolidated$2,521.0 $2,568.5 
 
 Three months ended
March 31,
Revenue before billable expenses:20232022
United States$1,470.6 $1,470.1 
International:
United Kingdom170.2 182.4 
Continental Europe163.7 179.3 
Asia Pacific159.2 174.6 
Latin America84.7 87.7 
Other128.5 133.1 
Total International706.3 757.1 
Total Consolidated$2,176.9 $2,227.2 
MD&EThree months ended
March 31,
Total revenue:20232022
United States$648.3 $640.3 
International333.5 356.5 
Total MD&E$981.8 $996.8 
Revenue before billable expenses:
United States$635.9 $628.5 
International324.9 345.2 
Total MD&E$960.8 $973.7 
 
IA&CThree months ended
March 31,
Total revenue:20232022
United States$623.7 $632.8 
International340.4 379.8 
Total IA&C$964.1 $1,012.6 
Revenue before billable expenses:
United States$593.7 $605.7 
International281.9 311.2 
Total IA&C$875.6 $916.9 
Contract Balances
The following table provides information about receivables, contract assets and contract liabilities from contracts with customers.
March 31,
2023
December 31,
2022
Accounts receivable, net of allowance of $47.3 and $48.6, respectively$3,792.8 $5,316.0 
Accounts receivable, billable to clients2,153.7 2,023.0 
Contract assets55.9 67.4 
Contract liabilities (deferred revenue)692.8 680.0