Segment Information (Tables)

9 Months Ended

Sep. 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 September 30,				Nine months ended September 30,
	2022		2021		2022		2021
Total revenue:
MD&E	$	994.6	$	1,001.5	$	2,991.2	$	2,876.0
IA&C	1,057.5		1,033.3		3,215.1		3,035.4
SC&E	585.6		507.2		1,735.6		1,397.2
Total	$	2,637.7	$	2,542.0	$	7,941.9	$	7,308.6
Revenue before billable expenses:
MD&E	$	978.0	$	980.0	$	2,927.9	$	2,815.1
IA&C	973.3		951.2		2,941.1		2,789.7
SC&E	344.9		330.5		1,029.9		954.2
Total	$	2,296.2	$	2,261.7	$	6,898.9	$	6,559.0
Segment EBITA1:
MD&E	$	160.9	$	198.5	$	416.9	$	535.9
IA&C	157.3		152.7		464.9		453.7
SC&E	63.8		54.1		179.3		148.0
Corporate and Other	(20.0)		(32.3)		(61.9)		(94.0)
Total	$	362.0	$	373.0	$	999.2	$	1,043.6
Amortization of acquired intangibles:
MD&E	$	17.7	$	17.9	$	53.4	$	54.0
IA&C	1.7		2.5		6.4		7.7
SC&E	0.8		1.1		2.8		3.0
Corporate and Other	0.0		0.0		0.0		0.0
Total	$	20.2	$	21.5	$	62.6	$	64.7
Depreciation and amortization 2:
MD&E	$	26.0	$	26.0	$	77.8	$	75.3
IA&C	15.1		15.5		44.3		49.0
SC&E	4.2		4.0		12.6		13.3
Corporate and Other	1.5		2.4		4.6		6.4
Total	$	46.8	$	47.9	$	139.3	$	144.0
Capital expenditures:
MD&E	$	26.9	$	36.6	$	64.4	$	66.8
IA&C	10.0		15.8		27.0		34.9
SC&E	2.4		2.4		5.7		4.7
Corporate and Other	6.9		6.5		21.4		17.0
Total	$	46.2	$	61.3	$	118.5	$	123.4

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.

	September 30, 2022		December 31, 2021
Total assets:
MD&E	$	8,443.0	$	9,580.6
IA&C	5,294.0		6,001.1
SC&E	1,649.6		1,594.0
Corporate and Other	1,488.6		2,733.5
Total	$	16,875.2	$	19,909.2

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

	Three months ended September 30,				Nine months ended September 30,
	2022		2021		2022		2021
MD&E EBITA	$	160.9	$	198.5	$	416.9	$	535.9
IA&C EBITA	157.3		152.7		464.9		453.7
SC&E EBITA	63.8		54.1		179.3		148.0
Corporate and Other EBITA	(20.0)		(32.3)		(61.9)		(94.0)
Less: consolidated amortization of acquired intangibles	20.2		21.5		62.6		64.7
Operating income	341.8		351.5		936.6		978.9
Total (expenses) and other income	(10.4)		(33.2)		(80.5)		(190.1)
Income before income taxes	$	331.4	$	318.3	$	856.1	$	788.8