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Revenue (Tables)
9 Months Ended
Sep. 30, 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
September 30,
Nine months ended
September 30,
Total revenue:2024202320242023
United States$1,699.5 $1,759.7 $5,117.3 $5,180.1 
International:
United Kingdom236.3 215.5 684.7 627.6 
Continental Europe211.7 204.5 645.1 612.9 
Asia Pacific190.8 203.8 566.5 607.4 
Latin America117.9 120.0 320.7 321.1 
Other172.6 175.0 500.4 516.9 
Total International929.3 918.8 2,717.4 2,685.9 
Total Consolidated$2,628.8 $2,678.5 $7,834.7 $7,866.0 
 
 Three months ended
September 30,
Nine months ended
September 30,
Revenue before billable expenses:2024202320242023
United States$1,467.8 $1,509.9 $4,469.6 $4,512.3 
International:
United Kingdom193.8 193.0 565.5 548.1 
Continental Europe177.5 178.3 556.2 534.5 
Asia Pacific156.9 175.3 467.0 511.8 
Latin America111.9 114.8 301.2 301.9 
Other134.8 137.7 393.2 405.8 
Total International774.9 799.1 2,283.1 2,302.1 
Total Consolidated$2,242.7 $2,309.0 $6,752.7 $6,814.4 
MD&EThree months ended
September 30,
Nine months ended
September 30,
Total revenue:2024202320242023
United States$662.1 $671.6 $1,980.4 $1,997.4 
International381.7 403.5 1,112.1 1,140.4 
Total MD&E$1,043.8 $1,075.1 $3,092.5 $3,137.8 
Revenue before billable expenses:
United States$656.3 $665.2 $1,967.6 $1,974.9 
International369.4 394.8 1,082.9 1,111.9 
Total MD&E$1,025.7 $1,060.0 $3,050.5 $3,086.8 
 
IA&CThree months ended
September 30,
Nine months ended
September 30,
Total revenue:2024202320242023
United States$574.1 $608.5 $1,825.6 $1,874.0 
International366.5 352.1 1,078.2 1,050.6 
Total IA&C$940.6 $960.6 $2,903.8 $2,924.6 
Revenue before billable expenses:
United States$546.6 $578.2 $1,746.6 $1,777.9 
International302.3 299.5 893.8 878.6 
Total IA&C$848.9 $877.7 $2,640.4 $2,656.5 
Contract Balances
The following table provides information about receivables, contract assets and contract liabilities from contracts with customers.
September 30,
2024
December 31,
2023
Accounts receivable, net of allowance of $46.0 and $46.4, respectively$4,718.8 $5,768.8 
Accounts receivable, billable to clients2,211.9 2,229.2 
Contract assets68.4 68.6 
Contract liabilities (deferred revenue)574.2 684.7