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:	2018		2017		2016		2015		2014
Revenue	$	15,290.2	$	15,273.6	$	15,416.9	$	15,134.4	$	15,317.8
Operating Profit	2,133.5		2,083.8		2,030.5		1,920.1		1,944.1
Net Income - Omnicom Group Inc.	1,326.4		1,088.4		1,148.6		1,093.9		1,104.0
Net Income Per Common Share - Omnicom Group Inc.:
Basic	5.85		4.68		4.80		4.43		4.27
Diluted	5.83		4.65		4.78		4.41		4.24
Dividends Declared Per Common Share	2.40		2.25		2.15		2.00		1.90
	(In millions)
At December 31:	2018		2017		2016		2015		2014
Cash and cash equivalents and short-term investments	$	3,657.9	$	3,796.4	$	3,022.8	$	2,619.7	$	2,390.3
Total assets	24,617.0		24,931.2		23,165.4		22,110.7		21,428.4
Long-term debt, including current portion	4,883.7		4,912.9		4,920.6		4,565.6		4,542.5
Long-term liabilities	1,197.8		1,091.2		892.3		800.5		774.3
Total shareholders’ equity	2,547.1		2,615.1		2,162.0		2,452.4		2,850.0

In 2018, we adopted FASB Accounting Standards Codification, or ASC, Topic 606, Revenue from Contracts with Customers, or ASC 606. As a result of the adoption of ASC 606, in 2018 revenue and operating profit decreased $146.1 million and $6.6 million, respectively. See Note 1 to the consolidated financial statements for additional information.

In 2017, the Tax Cuts and Jobs Act, or Tax Act, reduced net income - Omnicom Group Inc. See Note 11 to the consolidated financial statements for additional information regarding the impact of the Tax Act on income tax expense.

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