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Revenue (Notes)
 3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Disaggregation of Revenue
We have three reportable segments as of March 31, 2025: MD&E, IA&C and SC&E, as further discussed in Note 12. MD&E principally generates revenue from providing global media and communications services, digital services and products, advertising and marketing technology, e‐commerce services, data management and analytics, strategic consulting, and digital brand experience. IA&C principally generates revenue from providing advertising, corporate and brand identity services, and strategic consulting. SC&E generates revenue from providing best-in-class global public relations and communications services, events, sports and entertainment marketing, and strategic consulting.
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 

SC&EThree months ended
March 31,
Total revenue:20252024
United States$424.4 $399.7 
International134.0 159.1 
Total SC&E$558.4 $558.8 
Revenue before billable expenses:
United States$240.1 $242.1 
International86.8 98.1 
Total SC&E$326.9 $340.2 
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 
Contract assets are primarily comprised of contract incentives that are generally satisfied annually under the terms of our contracts and are transferred to accounts receivable when the right to payment becomes unconditional. Contract liabilities relate
to advance consideration received from customers under the terms of our contracts primarily related to reimbursements of third-party expenses, whether we act as principal or agent, and to a lesser extent, periodic retainer fees, both of which are generally recognized shortly after billing.
The majority of our contracts are for periods of one year or less with the exception of our data management contracts. For those contracts with a term of more than one year, we had approximately $579.3 of unsatisfied performance obligations as of March 31, 2025, which will be recognized as services are performed over the remaining contractual terms through 2030.