2024 Q2 Form 10-Q Financial Statement
#000002998924000014 Filed on April 17, 2024
Income Statement
| Concept | 2024 Q2 | 2024 Q1 |
|---|---|---|
| Revenue | $3.854B | $3.631B |
| YoY Change | 6.76% | 5.44% |
| Cost Of Revenue | $3.172B | $2.693B |
| YoY Change | 21.17% | -8.84% |
| Gross Profit | $681.7M | $937.9M |
| YoY Change | -31.29% | 91.56% |
| Gross Profit Margin | 17.69% | 25.83% |
| Selling, General & Admin | $111.0M | $399.4M |
| YoY Change | -72.03% | 347.76% |
| % of Gross Profit | 16.28% | 42.58% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $60.40M | $59.60M |
| YoY Change | 18.2% | 72.25% |
| % of Gross Profit | 8.86% | 6.35% |
| Operating Expenses | $111.0M | $459.0M |
| YoY Change | -75.22% | 414.57% |
| Operating Profit | $510.3M | $478.9M |
| YoY Change | -6.23% | 38.21% |
| Interest Expense | $62.70M | -$26.80M |
| YoY Change | -328.83% | -148.82% |
| % of Operating Profit | 12.29% | -5.6% |
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $468.6M | $452.1M |
| YoY Change | -10.45% | 38.17% |
| Income Tax | $123.7M | $116.0M |
| % Of Pretax Income | 26.4% | 25.66% |
| Net Earnings | $328.1M | $318.6M |
| YoY Change | -10.43% | 40.04% |
| Net Earnings / Revenue | 8.51% | 8.78% |
| Basic Earnings Per Share | $1.67 | $1.61 |
| Diluted Earnings Per Share | $1.65 | $1.59 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 195.8M shares | 198.0M shares |
| Diluted Shares Outstanding | 198.5M shares | 200.1M shares |
Balance Sheet
| Concept | 2024 Q2 | 2024 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $2.712B | $3.173B |
| YoY Change | -3.5% | -5.26% |
| Cash & Equivalents | $2.712B | $3.173B |
| Short-Term Investments | ||
| Other Short-Term Assets | $1.028B | $1.076B |
| YoY Change | 13.7% | 10.35% |
| Inventory | $843.9M | $788.8M |
| Prepaid Expenses | ||
| Receivables | $8.433B | $8.829B |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $13.97B | $13.87B |
| YoY Change | 9.05% | 7.53% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $1.875B | $1.881B |
| YoY Change | -4.13% | -4.07% |
| Goodwill | $10.65B | $10.69B |
| YoY Change | 9.72% | 9.2% |
| Intangibles | $522.7M | $533.0M |
| YoY Change | 80.87% | 77.49% |
| Long-Term Investments | $63.30M | $64.80M |
| YoY Change | -5.66% | -2.41% |
| Other Assets | $243.9M | $236.4M |
| YoY Change | 1.79% | 6.53% |
| Total Long-Term Assets | $13.35B | $13.41B |
| YoY Change | 8.95% | 8.64% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $13.97B | $13.87B |
| Total Long-Term Assets | $13.35B | $13.41B |
| Total Assets | $27.32B | $27.28B |
| YoY Change | 9.0% | 8.08% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $10.65B | $10.34B |
| YoY Change | 7.03% | 7.85% |
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | $1.262B | $1.238B |
| YoY Change | 8.83% | -3.24% |
| Short-Term Debt | $15.10M | $11.20M |
| YoY Change | -26.34% | -39.46% |
| Long-Term Debt Due | $750.2M | $750.3M |
| YoY Change | ||
| Total Short-Term Liabilities | $14.96B | $14.95B |
| YoY Change | 12.45% | 11.06% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $5.489B | $5.501B |
| YoY Change | -2.21% | -1.93% |
| Other Long-Term Liabilities | $881.0M | $1.743B |
| YoY Change | -46.83% | 107.57% |
| Total Long-Term Liabilities | $881.0M | $7.244B |
| YoY Change | -87.88% | 762.53% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $14.96B | $14.95B |
| Total Long-Term Liabilities | $881.0M | $7.244B |
| Total Liabilities | $15.84B | $23.71B |
| YoY Change | -27.73% | 65.72% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $10.94B | $10.75B |
| YoY Change | 8.85% | 9.42% |
| Common Stock | $513.0M | $556.6M |
| YoY Change | -18.62% | -10.99% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | $6.373B | $6.323B |
| YoY Change | 3.22% | 6.27% |
| Treasury Stock Shares | ||
| Shareholders Equity | $3.636B | $3.570B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $27.32B | $27.28B |
| YoY Change | 9.0% | 8.08% |
Cashflow Statement
| Concept | 2024 Q2 | 2024 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $328.1M | $318.6M |
| YoY Change | -10.43% | 40.04% |
| Depreciation, Depletion And Amortization | $60.40M | $59.60M |
| YoY Change | 18.2% | 72.25% |
| Cash From Operating Activities | -$141.7M | -$618.5M |
| YoY Change | -46.02% | 18.46% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $39.20M | $23.10M |
| YoY Change | 131.95% | 0.0% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $11.20M | -$815.2M |
| YoY Change | -94.01% | -5722.07% |
| Cash From Investing Activities | -$28.00M | -$838.3M |
| YoY Change | -116.45% | 2129.52% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -268.5M | 283.4M |
| YoY Change | -35.77% | -159.16% |
| NET CHANGE | ||
| Cash From Operating Activities | -141.7M | -618.5M |
| Cash From Investing Activities | -28.00M | -838.3M |
| Cash From Financing Activities | -268.5M | 283.4M |
| Net Change In Cash | -438.2M | -1.173B |
| YoY Change | -14.13% | 15.01% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$141.7M | -$618.5M |
| Capital Expenditures | $39.20M | $23.10M |
| Free Cash Flow | -$180.9M | -$641.6M |
| YoY Change | -35.25% | 17.68% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2024Q1 | omc |
Salary And Service Costs
SalaryAndServiceCosts
|
2692600000 | usd |
| CY2023Q1 | omc |
Salary And Service Costs
SalaryAndServiceCosts
|
2542900000 | usd |
| CY2024Q1 | omc |
Occupancyand Other Costs
OccupancyandOtherCosts
|
314100000 | usd |
| CY2023Q1 | omc |
Occupancyand Other Costs
OccupancyandOtherCosts
|
291600000 | usd |
| CY2024Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
0 | usd |
| CY2023Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
119200000 | usd |
| CY2024Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
3006700000 | usd |
| CY2023Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
2953700000 | usd |
| CY2024Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
85300000 | usd |
| CY2023Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
89200000 | usd |
| CY2024Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
59600000 | usd |
| CY2023Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
53900000 | usd |
| CY2024Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
3151600000 | usd |
| CY2023Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
3096800000 | usd |
| CY2024Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
478900000 | usd |
| CY2023Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
346500000 | usd |
| CY2024Q1 | us-gaap |
Interest Expense
InterestExpense
|
53800000 | usd |
| CY2023Q1 | us-gaap |
Interest Expense
InterestExpense
|
54900000 | usd |
| CY2024Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
27000000.0 | usd |
| CY2023Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
35600000 | usd |
| CY2024Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
452100000 | usd |
| CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
327200000 | usd |
| CY2024Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
116000000.0 | usd |
| CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
83400000 | usd |
| CY2024Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
900000 | usd |
| CY2023Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
100000 | usd |
| CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
337000000.0 | usd |
| CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
243900000 | usd |
| CY2024Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
18400000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
16400000 | usd |
| CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
318600000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
227500000 | usd |
| CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.61 | |
| CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.13 | |
| CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.59 | |
| CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.11 | |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
197900000 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
202200000 | shares |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
200100000 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
204500000 | shares |
| CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
337000000.0 | usd |
| CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
243900000 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
|
-1400000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
|
-1400000 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
|
-400000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax
|
-400000 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
-1000000.0 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
-1000000.0 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
|
1200000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
|
1100000 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
|
-300000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
|
-200000 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
-1700000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
-900000 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
200000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-400000 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-86300000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
51800000 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-85500000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
53200000 | usd |
| CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
251500000 | usd |
| CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
297100000 | usd |
| CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
11200000 | usd |
| CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
16200000 | usd |
| CY2024Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
240300000 | usd |
| CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
280900000 | usd |
| CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
4134200000 | usd |
| CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3631200000 | usd |
| CY2024Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.70 | |
| CY2023Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.70 | |
| CY2024Q1 | us-gaap |
Profit Loss
ProfitLoss
|
337000000.0 | usd |
| CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
243900000 | usd |
| CY2024Q1 | us-gaap |
Depreciation
Depreciation
|
33800000 | usd |
| CY2023Q1 | us-gaap |
Depreciation
Depreciation
|
34600000 | usd |
| CY2024Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
25800000 | usd |
| CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
19300000 | usd |
| CY2024Q1 | us-gaap |
Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
|
1400000 | usd |
| CY2023Q1 | us-gaap |
Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
|
1400000 | usd |
| CY2024Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
22100000 | usd |
| CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
20700000 | usd |
| CY2024Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
0 | usd |
| CY2023Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
119200000 | usd |
| CY2024Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-5000000.0 | usd |
| CY2023Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-10200000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
1033600000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
951000000.0 | usd |
| CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-618500000 | usd |
| CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-522100000 | usd |
| CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
23100000 | usd |
| CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
23100000 | usd |
| CY2024Q1 | us-gaap |
Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
|
801500000 | usd |
| CY2023Q1 | us-gaap |
Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
|
0 | usd |
| CY2024Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
13700000 | usd |
| CY2023Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
14500000 | usd |
| CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-838300000 | usd |
| CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-37600000 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
645900000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
300000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
1000000.0 | usd |
| CY2024Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
138800000 | usd |
| CY2023Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
142300000 | usd |
| CY2024Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
180100000 | usd |
| CY2023Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
305100000 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
2100000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Stock Plans
ProceedsFromStockPlans
|
26300000 | usd |
| CY2024Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
10400000 | usd |
| CY2023Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
29200000 | usd |
| CY2024Q1 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
13300000 | usd |
| CY2023Q1 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
12500000 | usd |
| CY2024Q1 | us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
500000 | usd |
| CY2023Q1 | us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
9200000 | usd |
| CY2024Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-21800000 | usd |
| CY2023Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-8000000.0 | usd |
| CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
283400000 | usd |
| CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-479000000.0 | usd |
| CY2024Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-85800000 | usd |
| CY2023Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
18400000 | usd |
| CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1259200000 | usd |
| CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1020300000 | usd |
| CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4432000000 | usd |
| CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4281800000 | usd |
| CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3172800000 | usd |
| CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3261500000 | usd |
| CY2024Q1 | us-gaap |
Revenues
Revenues
|
3630500000 | usd |
| CY2023Q1 | us-gaap |
Revenues
Revenues
|
3443300000 | usd |
| CY2024Q1 | us-gaap |
Revenues
Revenues
|
3630500000 | usd |
| CY2023Q1 | us-gaap |
Revenues
Revenues
|
3443300000 | usd |
| CY2024Q1 | omc |
Media Productionand Other Costs
MediaProductionandOtherCosts
|
788800000 | usd |
| CY2023Q4 | omc |
Media Productionand Other Costs
MediaProductionandOtherCosts
|
664400000 | usd |
| CY2023Q1 | omc |
Media Productionand Other Costs
MediaProductionandOtherCosts
|
710900000 | usd |
| CY2024Q1 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
922800000 | usd |
| CY2023Q4 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
678100000 | usd |
| CY2023Q1 | us-gaap |
Unbilled Contracts Receivable
UnbilledContractsReceivable
|
798000000.0 | usd |
| CY2024Q1 | us-gaap |
Contract With Customer Asset Gross Current
ContractWithCustomerAssetGrossCurrent
|
1711600000 | usd |
| CY2023Q4 | us-gaap |
Contract With Customer Asset Gross Current
ContractWithCustomerAssetGrossCurrent
|
1342500000 | usd |
| CY2023Q1 | us-gaap |
Contract With Customer Asset Gross Current
ContractWithCustomerAssetGrossCurrent
|
1508900000 | usd |
| CY2024Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
1238200000 | usd |
| CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
1356200000 | usd |
| CY2023Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
1279600000 | usd |
| CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
318600000 | usd |
| CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
227500000 | usd |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
197900000 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
202200000 | shares |
| CY2024Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2200000 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2300000 | shares |
| CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
200100000 | shares |
| CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
204500000 | shares |
| CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.61 | |
| CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.13 | |
| CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.59 | |
| CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.11 | |
| CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
10082300000 | usd |
| CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
9734300000 | usd |
| CY2024Q1 | omc |
Goodwill Acquisitions Of Controlling Interests
GoodwillAcquisitionsOfControllingInterests
|
688300000 | usd |
| CY2023Q1 | omc |
Goodwill Acquisitions Of Controlling Interests
GoodwillAcquisitionsOfControllingInterests
|
0 | usd |
| CY2024Q1 | us-gaap |
Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
|
5900000 | usd |
| CY2023Q1 | us-gaap |
Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
|
1400000 | usd |
| CY2024Q1 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-70900000 | usd |
| CY2023Q1 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
59700000 | usd |
| CY2024Q1 | us-gaap |
Goodwill
Goodwill
|
10693800000 | usd |
| CY2023Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
4889100000 | usd |
| CY2023Q1 | us-gaap |
Goodwill
Goodwill
|
9792600000 | usd |
| CY2024Q1 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
| CY2023Q1 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
| CY2024Q1 | us-gaap |
Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
|
0 | usd |
| CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1390500000 | usd |
| CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
857500000 | usd |
| CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
533000000.0 | usd |
| CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
1230500000 | usd |
| CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
863600000 | usd |
| CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
366900000 | usd |
| CY2024Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
25800000 | usd |
| CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
19300000 | usd |
| CY2024Q1 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
11200000 | usd |
| CY2023Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
10900000 | usd |
| CY2024Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
6286300000 | usd |
| CY2023Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
5669900000 | usd |
| CY2024Q1 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
8900000 | usd |
| CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
7800000 | usd |
| CY2024Q1 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
25700000 | usd |
| CY2023Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
22300000 | usd |
| CY2024Q1 | us-gaap |
Deferred Gain Loss On Discontinuation Of Interest Rate Fair Value Hedge
DeferredGainLossOnDiscontinuationOfInterestRateFairValueHedge
|
400000 | usd |
| CY2023Q4 | us-gaap |
Deferred Gain Loss On Discontinuation Of Interest Rate Fair Value Hedge
DeferredGainLossOnDiscontinuationOfInterestRateFairValueHedge
|
200000 | usd |
| CY2024Q1 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
750300000 | usd |
| CY2023Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
750500000 | usd |
| CY2024Q1 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
5501000000 | usd |
| CY2024Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.257 | |
| CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.255 | |
| CY2024Q1 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
7500000 | usd |
| CY2023Q1 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
10000000 | usd |
| CY2023Q1 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
6000000 | usd |
| CY2024Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
168700000 | usd |
| CY2024Q1 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
161800000 | usd |
| CY2023Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
119200000 | usd |
| CY2023Q1 | omc |
Real Estate Repositioning Costs After Tax
RealEstateRepositioningCostsAfterTax
|
91000000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-884200000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1065000000 | usd |
| CY2024Q1 | omc |
Increase Decrease In Work In Progress And Other Current Assets
IncreaseDecreaseInWorkInProgressAndOtherCurrentAssets
|
393900000 | usd |
| CY2023Q1 | omc |
Increase Decrease In Work In Progress And Other Current Assets
IncreaseDecreaseInWorkInProgressAndOtherCurrentAssets
|
295600000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-1347000000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
-1458800000 | usd |
| CY2024Q1 | omc |
Increase Decrease In Customer Advances And Other Current Liabilities
IncreaseDecreaseInCustomerAdvancesAndOtherCurrentLiabilities
|
-157800000 | usd |
| CY2023Q1 | omc |
Increase Decrease In Customer Advances And Other Current Liabilities
IncreaseDecreaseInCustomerAdvancesAndOtherCurrentLiabilities
|
-212900000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
19100000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
48700000 | usd |
| CY2024Q1 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
1033600000 | usd |
| CY2023Q1 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
951000000.0 | usd |
| CY2024Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
69400000 | usd |
| CY2023Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
73600000 | usd |
| CY2024Q1 | us-gaap |
Interest Paid
InterestPaid
|
8500000 | usd |
| CY2023Q1 | us-gaap |
Interest Paid
InterestPaid
|
13700000 | usd |
| CY2024Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
47200000 | usd |
| CY2023Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
41200000 | usd |
| CY2024Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
12300000 | usd |
| CY2023Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
11700000 | usd |
| CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-1337600000 | usd |
| CY2024Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-79100000 | usd |
| CY2024Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-800000 | usd |
| CY2024Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-1415900000 | usd |
| CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-1437900000 | usd |
| CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
52000000.0 | usd |
| CY2023Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-1400000 | usd |
| CY2023Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-1384500000 | usd |
