Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions |
3 Months Ended | 6 Months Ended | |||||||
|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2024 |
Jun. 30, 2023 |
Jun. 30, 2024 |
Jun. 30, 2023 |
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| Income Statement [Abstract] | |||||||||
| REVENUE | $ 3,853.8 | $ 3,609.9 | $ 7,484.3 | $ 7,053.2 | | ||||
| Salary and service costs | 2,800.1 | 2,617.8 | 5,492.7 | 5,160.7 | |||||
| Occupancy and other costs | 314.2 | 297.7 | 628.3 | 589.3 | |||||
| Real estate and other repositioning costs | 57.8 | 72.3 | 57.8 | 191.5 | |||||
| Gain (Loss) on Disposition of Business | 0.0 | (78.8) | 0.0 | (78.8) | |||||
| Cost of services | 3,172.1 | 2,909.0 | 6,178.8 | 5,862.7 | |||||
| Selling, general and administrative expenses | 111.0 | 99.1 | 196.3 | 188.3 | |||||
| Depreciation and amortization | 60.4 | 51.1 | 120.0 | 105.0 | |||||
| Total Operating Expenses | 3,343.5 | 3,059.2 | 6,495.1 | 6,156.0 | | ||||
| OPERATING INCOME | 510.3 | 550.7 | 989.2 | 897.2 | | ||||
| Interest Expense | 62.7 | 57.5 | 116.5 | 112.4 | | | | | |
| Interest Income | 21.0 | 30.1 | 48.0 | 65.7 | | | | | |
| Total Other Income Expenses | 41.7 | 27.4 | 68.5 | 46.7 | 0.0 | |
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| INCOME BEFORE INCOME TAXES AND INCOME FROM EQUITY METHOD INVESTMENTS | 468.6 | 523.3 | 920.7 | 850.5 | | | | | |
| Income Tax Expense | 123.7 | 141.2 | 239.7 | 224.6 | | ||||
| Income From Equity Method Investments | 3.3 | 1.1 | 4.2 | 1.2 | | ||||
| NET INCOME | 348.2 | 383.2 | 685.2 | 627.1 | | ||||
| Net Income Attributed To Noncontrolling Interests | 20.1 | 16.9 | 38.5 | 33.3 | |||||
| NET INCOME - OMNICOM GROUP INC. | $ 328.1 | $ 366.3 | $ 646.7 | $ 593.8 | |||||
| Net Income Per Share - Omnicom Group Inc.: | |||||||||
| Basic | $ 1.67 | $ 1.84 | $ 3.28 | $ 2.96 | |||||
| Diluted | $ 1.65 | $ 1.82 | $ 3.24 | $ 2.92 | |||||
| Weighted Average Shares (millions): | |||||||||
| Basic | 195.9 | 198.9 | 196.9 | 200.6 | |||||
| Diluted | 198.5 | 201.6 | 199.3 | 203.1 | |||||
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- Definition Occupancy and other costs consist of the indirect costs related to the delivery of services, including office and equipment rent, other occupancy costs, technology costs, general office expenses and other expenses. No definition available.
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- Definition Salary and service costs are primarily comprised of employee compensation related costs. No definition available.
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of gain (loss) from sale and disposal of integrated set of activities and assets capable of being conducted and managed for purpose of providing return in form of dividend, lower cost, or other economic benefit to investor, owner, member and participant. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (loss) for proportionate share of equity method investee's income (loss). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense classified as operating and nonoperating. Includes, but is not limited to, cost of borrowing accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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