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Revenue (Tables)
3 Months Ended
Mar. 31, 2024
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:20242023
United States$1,662.0 $1,683.2 
International:
United Kingdom210.9 195.8 
Continental Europe203.9 193.6 
Asia Pacific173.1 191.9 
Latin America92.6 90.7 
Other153.4 165.8 
Total International833.9 837.8 
Total Consolidated$2,495.9 $2,521.0 
 
 Three months ended
March 31,
Revenue before billable expenses:20242023
United States$1,476.3 $1,470.6 
International:
United Kingdom178.0 170.2 
Continental Europe179.5 163.7 
Asia Pacific142.8 159.2 
Latin America87.1 84.7 
Other119.2 128.5 
Total International706.6 706.3 
Total Consolidated$2,182.9 $2,176.9 
MD&EThree months ended
March 31,
Total revenue:20242023
United States$637.7 $649.7 
International335.6 337.2 
Total MD&E$973.3 $986.9 
Revenue before billable expenses:
United States$633.5 $637.3 
International327.8 328.6 
Total MD&E$961.3 $965.9 
 
IA&CThree months ended
March 31,
Total revenue:20242023
United States$624.6 $622.3 
International339.2 336.7 
Total IA&C$963.8 $959.0 
Revenue before billable expenses:
United States$600.7 $592.3 
International280.7 278.2 
Total IA&C$881.4 $870.5 
Contract Balances
The following table provides information about receivables, contract assets and contract liabilities from contracts with customers.
March 31,
2024
December 31,
2023
Accounts receivable, net of allowance of $45.1 and $46.4, respectively$4,329.6 $5,768.8 
Accounts receivable, billable to clients2,145.0 2,229.2 
Contract assets59.1 68.6 
Contract liabilities (deferred revenue)707.7 684.7