Item 6. Selected Financial Data
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Item 6. Selected Financial Data
The following selected financial data should be read in conjunction with our consolidated financial statements and related notes that begin on page F-1 of this report, as well as the MD&A.
| (In millions, except per share amounts) | |||||||||||||||||||
| For the years ended December 31: | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||
| Revenue | $ | 15,273.6 | $ | 15,416.9 | $ | 15,134.4 | $ | 15,317.8 | $ | 14,584.5 | |||||||||
| Operating Profit | 2,059.7 | 2,008.9 | 1,920.1 | 1,944.1 | 1,825.3 | ||||||||||||||
| Net Income - Omnicom Group Inc. | 1,088.4 | 1,148.6 | 1,093.9 | 1,104.0 | 991.1 | ||||||||||||||
| Net Income Per Common Share - Omnicom Group Inc.: | |||||||||||||||||||
| Basic | 4.68 | 4.80 | 4.43 | 4.27 | 3.73 | ||||||||||||||
| Diluted | 4.65 | 4.78 | 4.41 | 4.24 | 3.71 | ||||||||||||||
| Dividends Declared Per Common Share | 2.25 | 2.15 | 2.00 | 1.90 | 1.60 | ||||||||||||||
| (In millions) | |||||||||||||||||||
| At December 31: | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||
| Cash and cash equivalents and short-term investments | $ | 3,796.4 | $ | 3,022.8 | $ | 2,619.7 | $ | 2,390.3 | $ | 2,728.7 | |||||||||
| Total Assets | 24,931.2 | 23,165.4 | 22,110.7 | 21,428.4 | 21,980.4 | ||||||||||||||
| Long-term debt | 4,912.9 | 4,920.5 | 3,564.2 | 4,542.1 | 3,763.3 | ||||||||||||||
| Convertible debt | — | — | — | — | 252.7 | ||||||||||||||
| Long-Term Liabilities | 1,091.2 | 892.3 | 800.5 | 774.3 | 685.1 | ||||||||||||||
| Total Shareholders’ Equity | 2,615.1 | 2,162.0 | 2,452.4 | 2,850.0 | 3,582.4 |
As discussed in Item 7 below, in 2017 the Tax Cuts and Jobs Act, or Tax Act, reduced Net income - Omnicom Group Inc. by $106.3 million and diluted Net income per share - Omnicom Group Inc. by $0.45. See Note 10 to the consolidated financial statements for additional information.
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