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Segment Information (Tables)
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Summarized financial information concerning reportable segments Summarized financial information concerning our reportable segments is shown in the following table.
 
Three months ended
September 30,
 
Nine months ended
September 30,
 
2019
 
2018
 
2019
 
2018
Total revenue:
 
 
 
 
 
 
 
IAN
$
1,903.9

 
$
1,774.7

 
$
5,744.7

 
$
5,272.7

CMG
534.2

 
522.8

 
1,574.8

 
1,585.7

Total
$
2,438.1

 
$
2,297.5

 
$
7,319.5

 
$
6,858.4

 
 
 
 
 
 
 
 
Net revenue:
 
 
 
 
 
 
 
IAN
$
1,743.9

 
$
1,580.5

 
$
5,260.9

 
$
4,690.9

CMG
317.5

 
315.2

 
931.2

 
927.0

Total
$
2,061.4

 
$
1,895.7

 
$
6,192.1

 
$
5,617.9

 
 
 
 
 
 
 
 
Segment EBITA:
 
 
 
 
 
 
 
IAN
$
261.2

 
$
240.2

 
$
637.4

 
$
543.4

CMG
51.8

 
49.2

 
97.3

 
113.1

Corporate and other
(11.0
)
 
(22.6
)
 
(75.4
)
 
(91.2
)
Total
$
302.0

 
$
266.8

 
$
659.3

 
$
565.3

 
 
 
 
 
 
 
 
Amortization of acquired intangibles:
 
 
 
 
 
 
 
IAN
$
20.6

 
$
3.9

 
$
61.3

 
$
11.9

CMG
1.1

 
1.2

 
3.3

 
3.7

Corporate and other
0.0

 
0.0

 
0.0

 
0.0

Total
$
21.7

 
$
5.1

 
$
64.6

 
$
15.6

 
 
 
 
 
 
 
 
Depreciation:
 
 
 
 
 
 
 
IAN
$
41.3

 
$
33.0

 
$
128.8

 
$
98.2

CMG
4.8

 
4.9

 
14.3

 
14.5

Corporate and other
1.2

 
1.0

 
5.4

 
5.7

Total
$
47.3

 
$
38.9

 
$
148.5

 
$
118.4

 
 
 
 
 
 
 
 
Capital expenditures:
 
 
 
 
 
 
 
IAN
$
44.5

 
$
35.2

 
$
106.9

 
$
82.9

CMG
4.0

 
4.2

 
7.9

 
7.2

Corporate and other
5.2

 
4.8

 
19.0

 
15.6

Total
$
53.7

 
$
44.2

 
$
133.8

 
$
105.7

 

 
September 30,
2019
 
December 31,
2018
Total assets 1:
 
 
 
IAN
$
13,998.5

 
$
13,867.9

CMG
1,656.1

 
1,516.7

Corporate and other
343.0

 
235.7

Total
$
15,997.6

 
$
15,620.3

 
1 Results for December 31, 2018 have been restated to conform to the current-period presentation.
The following table presents the reconciliation of segment EBITA to Income before income taxes.
 
Three months ended
September 30,
 
Nine months ended
September 30,
 
2019
 
2018
 
2019
 
2018
IAN EBITA
$
261.2

 
$
240.2

 
$
637.4

 
$
543.4

CMG EBITA
51.8

 
49.2

 
97.3

 
113.1

Corporate and other EBITA
(11.0
)
 
(22.6
)
 
(75.4
)
 
(91.2
)
Less: consolidated amortization of acquired intangibles
21.7

 
5.1

 
64.6

 
15.6

Operating income
280.3

 
261.7

 
594.7

 
549.7

Total (expenses) and other income
(47.6
)
 
(37.6
)
 
(144.2
)
 
(115.6
)
Income before income taxes
$
232.7

 
$
224.1

 
$
450.5

 
$
434.1