OMNICOM GROUP INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS December 31, 2019 2018 ASSETS Current Assets: Cash and cash equivalents $ 4,305.7 $ 3,652.4 Short-term investments, at cost 3.6 5.5 Accounts receivable, net of allowance for doubtful accounts of $21.5 and $26.8 7,829.0 7,666.1 Work in process 1,257.6 1,161.5 Other current assets 1,188.8 1,241.4 Total Current Assets 14,584.7 13,726.9 Property and Equipment at cost, less accumulated depreciation of $1,142.8 and $1,185.0 663.4 694.4 Operating Lease Right-Of-Use Assets 1,398.3 — Equity Method Investments 106.8 120.9 Goodwill 9,440.5 9,384.3 Intangible Assets, net of accumulated amortization of $759.2 and $737.4 338.2 382.8 Other Assets 251.5 307.7 TOTAL ASSETS $ 26,783.4 $ 24,617.0 LIABILITIES AND EQUITY Current Liabilities: Accounts payable $ 11,768.4 $ 11,464.3 Customer advances 1,215.3 1,159.0 Current portion of debt 602.4 499.6 Short-term debt 10.1 8.1 Taxes payable 252.8 180.6 Other current liabilities 2,131.9 1,958.6 Total Current Liabilities 15,980.9 15,270.2 Long-Term Liabilities 1,006.8 1,197.8 Long-Term Liability - Operating Leases 1,274.7 — Long-Term Debt 4,531.9 4,384.1 Deferred Tax Liabilities 408.1 413.7 Commitments and Contingent Liabilities (Note 18) Temporary Equity - Redeemable Noncontrolling Interests 207.3 244.3 Equity: Shareholders’ Equity: Preferred stock, $1.00 par value, 7.5 million shares authorized, none issued — — Common stock, $0.15 par value, 1.0 billion shares authorized, 297.2 million shares issued, 217.1 million and 223.9 million shares outstanding 44.6 44.6 Additional paid-in capital 760.9 728.8 Retained earnings 7,806.3 7,016.1 Accumulated other comprehensive income (loss) (1,197.6) (1,228.5) Treasury stock, at cost, 80.1 million and 73.3 million shares (4,560.3) (4,013.9) Total Shareholders’ Equity 2,853.9 2,547.1 Noncontrolling interests 519.8 559.8 Total Equity 3,373.7 3,106.9 TOTAL LIABILITIES AND EQUITY $ 26,783.4 $ 24,617.0 (In millions, except per share amounts) The accompanying notes to the consolidated financial statements are an integral part of these statements. F-4