XML 17 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net revenue $ 9,107.9 $ 8,064.5 $ 8,625.1
Billable expenses 1,132.8 996.5 1,596.2
Total revenue 10,240.7 9,061.0 10,221.3
OPERATING EXPENSES:      
Salaries and related expenses 5,975.4 5,345.0 5,568.8
Office and other direct expenses 1,279.6 1,367.9 1,564.1
Billable expense 1,132.8 996.5 1,596.2
Cost of services 8,387.8 7,709.4 8,729.1
Selling, General and Administrative Expense 122.3 58.8 93.8
Depreciation and amortization 283.8 290.6 278.5
Restructuring Charges 10.6 413.8 33.9
Total operating expenses 8,804.5 8,472.6 9,135.3
OPERATING INCOME 1,436.2 588.4 1,086.0
EXPENSES AND OTHER INCOME:      
Interest expense (173.1) (192.2) (199.3)
Interest income 29.7 29.5 34.5
Other expense, net (70.7) (64.4) (42.9)
Total (expenses) and other income (214.1) (227.1) (207.7)
Income before income taxes 1,222.1 361.3 878.3
Provision for income taxes 251.8 8.0 204.8
Income of consolidated companies 970.3 353.3 673.5
Equity in net income of unconsolidated affiliates 2.5 0.9 0.4
NET INCOME 972.8 354.2 673.9
Net Income Attributable to Nonredeemable Noncontrolling Interest (20.0) (3.1) (17.9)
Net Income Attributable to Parent $ 952.8 $ 351.1 $ 656.0
Earnings per share available to IPG common stockholders:      
Earnings per share, Basic $ 2.42 $ 0.90 $ 1.70
Earnings per share, Diluted $ 2.39 $ 0.89 $ 1.68
Weighted-average number of common shares outstanding:      
Weighted-average number of common shares outstanding, Basic 393.0 389.4 386.1
Weighted-average number of common shares outstanding, Diluted 398.4 393.2 391.2