v3.22.4
Temporary Equity - Redeemable Noncontrolling Interests
12 Months Ended
Dec. 31, 2022
Temporary Equity - Redeemable Noncontrolling Interests [Abstract]  
Temporary Equity - Redeemable Noncontrolling Interests Temporary Equity - Redeemable Noncontrolling InterestsOwners of noncontrolling equity interests in some of our subsidiaries have the right in certain circumstances to require us to purchase all or a portion of their equity interest at fair value as defined in the applicable agreements. Assuming that the subsidiaries perform at their current and projected profit levels, at December 31, 2022, the aggregate estimated amount we could be required to pay in future periods is $382.9 million, of which $145.1 million is currently exercisable by the holders. If these rights are exercised, there would be an increase in net income attributable to Omnicom as a result of our increased ownership interest and the reduction of net income attributable to noncontrolling interests. The ultimate amount paid could be significantly different because the redemption amount depends on the future results of operations of the subject businesses, the timing of the exercise of these rights and changes in foreign currency exchange rates. Upon redemption, the difference between the estimated redemption value and the actual amount paid is recorded in additional paid-in capital.