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Revenue (Tables)
3 Months Ended
Mar. 31, 2025
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:20252024
United States$1,573.9 $1,662.0 
International:
United Kingdom182.3 210.9 
Continental Europe195.2 203.9 
Asia Pacific147.1 173.1 
Latin America79.1 92.6 
Other145.0 153.4 
Total International748.7 833.9 
Total Consolidated$2,322.6 $2,495.9 
 
 Three months ended
March 31,
Revenue before billable expenses:20252024
United States$1,358.2 $1,476.3 
International:
United Kingdom159.4 178.0 
Continental Europe169.3 179.5 
Asia Pacific119.3 142.8 
Latin America72.5 87.1 
Other117.6 119.2 
Total International638.1 706.6 
Total Consolidated$1,996.3 $2,182.9 
MD&EThree months ended
March 31,
Total revenue:20252024
United States$606.6 $637.7 
International296.1 335.6 
Total MD&E$902.7 $973.3 
Revenue before billable expenses:
United States$601.7 $633.5 
International287.1 327.8 
Total MD&E$888.8 $961.3 
 
IA&CThree months ended
March 31,
Total revenue:20252024
United States$542.9 $624.6 
International318.6 339.2 
Total IA&C$861.5 $963.8 
Revenue before billable expenses:
United States$516.4 $600.7 
International264.2 280.7 
Total IA&C$780.6 $881.4 
Contract Balances
The following table provides information about receivables, contract assets and contract liabilities from contracts with customers.
March 31,
2025
December 31,
2024
Accounts receivable, net of allowance of $35.5 and $37.0, respectively$4,644.1 $5,649.7 
Accounts receivable, billable to clients2,163.4 2,088.4 
Contract assets48.7 50.1 
Contract liabilities (deferred revenue)598.4 509.0