Segment Information (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Summarized financial information concerning reportable segments

Summarized financial information concerning our reportable segments is shown in the following table.

	Three months ended June 30,				Six months ended June 30,
	2022		2021		2022		2021
Total revenue:
MD&E	$	1,040.8	$	1,003.0	$	1,996.6	$	1,874.5
IA&C	1,104.0		1,048.9		2,157.6		2,002.1
SC&E	590.9		457.7		1,150.0		890.0
Total	$	2,735.7	$	2,509.6	$	5,304.2	$	4,766.6
Net revenue:
MD&E	$	1,017.8	$	985.3	$	1,949.9	$	1,835.1
IA&C	1,009.3		963.2		1,967.8		1,838.5
SC&E	348.4		321.1		685.0		623.7
Total	$	2,375.5	$	2,269.6	$	4,602.7	$	4,297.3
Segment EBITA 1:
MD&E	$	154.6	$	201.6	$	256.0	$	337.4
IA&C	177.2		183.0		307.6		301.0
SC&E	59.4		53.0		115.5		93.9
Corporate and Other	(21.0)		(31.6)		(41.9)		(61.7)
Total	$	370.2	$	406.0	$	637.2	$	670.6
Amortization of acquired intangibles:
MD&E	$	17.8	$	18.1	$	35.7	$	36.1
IA&C	2.3		2.6		4.7		5.2
SC&E	1.0		0.9		2.0		1.9
Corporate and Other	0.0		0.0		0.0		0.0
Total	$	21.1	$	21.6	$	42.4	$	43.2
Depreciation and amortization 2:
MD&E	$	25.6	$	24.7	$	51.8	$	49.3
IA&C	14.5		17.0		29.2		33.5
SC&E	4.3		4.7		8.4		9.3
Corporate and Other	1.6		2.1		3.1		4.0
Total	$	46.0	$	48.5	$	92.5	$	96.1
Capital expenditures:
MD&E	$	21.5	$	17.2	$	37.5	$	30.2
IA&C	11.0		10.4		17.0		19.1
SC&E	2.5		1.6		3.3		2.3
Corporate and Other	6.6		4.6		14.5		10.5
Total	$	41.6	$	33.8	$	72.3	$	62.1

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

2 Excludes amortization of acquired intangibles.

	June 30, 2022		December 31, 2021
Total assets:
MD&E	$	8,522.3	$	9,580.6
IA&C	5,518.4		6,001.1
SC&E	1,710.6		1,594.0
Corporate and Other	1,497.9		2,733.5
Total	$	17,249.2	$	19,909.2

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

	Three months ended June 30,				Six months ended June 30,
	2022		2021		2022		2021
MD&E EBITA	$	154.6	$	201.6	$	256.0	$	337.4
IA&C EBITA	177.2		183.0		307.6		301.0
SC&E EBITA	59.4		53.0		115.5		93.9
Corporate and Other EBITA	(21.0)		(31.6)		(41.9)		(61.7)
Less: consolidated amortization of acquired intangibles	21.1		21.6		42.4		43.2
Operating income	349.1		384.4		594.8		627.4
Total (expenses) and other income	(34.3)		(30.3)		(70.1)		(156.9)
Income before income taxes	$	314.8	$	354.1	$	524.7	$	470.5