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Revenue (Tables)
6 Months Ended
Jun. 30, 2023
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
June 30,
Six months ended
June 30,
Total revenue:2023202220232022
United States$1,737.2 $1,777.1 $3,420.4 $3,427.5 
International:
United Kingdom216.3 219.2 412.1 451.3 
Continental Europe214.8 221.1 408.4 425.8 
Asia Pacific211.7 217.8 403.6 433.1 
Latin America110.4 110.0 201.1 204.4 
Other176.1 190.5 341.9 362.1 
Total International929.3 958.6 1,767.1 1,876.7 
Total Consolidated$2,666.5 $2,735.7 $5,187.5 $5,304.2 
 
 Three months ended
June 30,
Six months ended
June 30,
Revenue before billable expenses:2023202220232022
United States$1,531.8 $1,554.9 $3,002.4 $3,025.0 
International:
United Kingdom184.9 184.8 355.1 367.2 
Continental Europe192.5 199.8 356.2 379.1 
Asia Pacific177.3 187.8 336.5 362.4 
Latin America102.4 101.9 187.1 189.6 
Other139.6 146.3 268.1 279.4 
Total International796.7 820.6 1,503.0 1,577.7 
Total Consolidated$2,328.5 $2,375.5 $4,505.4 $4,602.7 
MD&EThree months ended
June 30,
Six months ended
June 30,
Total revenue:2023202220232022
United States$674.5 $676.0 $1,322.8 $1,316.3 
International395.7 413.0 729.2 769.5 
Total MD&E$1,070.2 $1,089.0 $2,052.0 $2,085.8 
Revenue before billable expenses:
United States$670.8 $663.1 $1,306.7 $1,291.6 
International384.7 402.2 709.6 747.4 
Total MD&E$1,055.5 $1,065.3 $2,016.3 $2,039.0 
 
IA&CThree months ended
June 30,
Six months ended
June 30,
Total revenue:2023202220232022
United States$644.8 $670.8 $1,268.5 $1,303.6 
International365.8 385.0 706.2 764.8 
Total IA&C$1,010.6 $1,055.8 $1,974.7 $2,068.4 
Revenue before billable expenses:
United States$609.0 $645.1 $1,202.7 $1,250.8 
International304.7 316.7 586.6 627.9 
Total IA&C$913.7 $961.8 $1,789.3 $1,878.7 
Contract Balances
The following table provides information about receivables, contract assets and contract liabilities from contracts with customers.
June 30,
2023
December 31,
2022
Accounts receivable, net of allowance of $47.7 and $48.6, respectively$4,170.0 $5,316.0 
Accounts receivable, billable to clients2,215.9 2,023.0 
Contract assets45.3 67.4 
Contract liabilities (deferred revenue)690.5 680.0