Segment Information (Notes)

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Segment Reporting Disclosure

Segment Information

As of March 31, 2021, we have two reportable segments: IAN and DXTRA. IAN is comprised of McCann Worldgroup, Foote, Cone & Belding ("FCB"), MullenLowe Group, Media, Data Services and Tech, which includes IPG Mediabrands, Acxiom and Kinesso, our digital specialist agencies and our domestic integrated agencies. DXTRA is comprised of a number of our specialist marketing services offerings including Weber Shandwick, DeVries, Golin, FutureBrands, Jack Morton and Octagon Worldwide. We also report results for the “Corporate and Other” group. We continue to evaluate our financial reporting structure, and the profitability measure, employed by our chief operating decision maker for allocating resources to operating divisions and assessing operating division performance, is segment EBITA. Summarized financial information concerning our reportable segments is shown in the following table.

	Three months ended March 31,
	2021		2020
Total revenue:
IAN	$	1,851.4	$	1,818.8
DXTRA	405.6		541.0
Total	$	2,257.0	$	2,359.8
Net revenue:
IAN	$	1,734.1	$	1,664.5
DXTRA	293.6		307.6
Total	$	2,027.7	$	1,972.1
Segment EBITA 1:
IAN	$	254.3	$	99.0
DXTRA	40.4		22.3
Corporate and Other	(30.1)		(24.1)
Total	$	264.6	$	97.2
Amortization of acquired intangibles:
IAN	$	20.5	$	20.2
DXTRA	1.1		1.1
Corporate and Other	0.0		0.0
Total	$	21.6	$	21.3
Depreciation and amortization 2:
IAN	$	41.4	$	44.7
DXTRA	4.3		5.1
Corporate and Other	1.9		1.7
Total	$	47.6	$	51.5
Capital expenditures:
IAN	$	21.7	$	33.7
DXTRA	0.7		1.6
Corporate and Other	5.9		9.3
Total	$	28.3	$	44.6

1 Adjusted EBITA is calculated as net income available to IPG common stockholders before provision for incomes taxes, total (expenses) and other income, equity in net loss of unconsolidated affiliates, net (income) loss attributable to noncontrolling interests and amortization of acquired intangibles.

2 Excludes amortization of acquired intangibles.

	March 31, 2021		December 31, 2020
Total assets:
IAN	$	13,587.8	$	14,784.5
DXTRA	1,519.7		1,549.2
Corporate and Other	1,242.2		1,709.0
Total	$	16,349.7	$	18,042.7

The following table presents the reconciliation of segment EBITA to Income before income taxes.

	Three months ended March 31,
	2021		2020
IAN EBITA	$	254.3	$	99.0
DXTRA EBITA	40.4		22.3
Corporate and Other EBITA	(30.1)		(24.1)
Less: consolidated amortization of acquired intangibles	21.6		21.3
Operating income	243.0		75.9
Total (expenses) and other income	(126.6)		(55.9)
Income before income taxes	$	116.4	$	20.0