Segment Information Schedule of Segment Reporting Information, by Segment (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Segment Reporting Information, by Segment

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


	Years ended December 31,
	2023		2022		2021
Total Revenue:
MD&E	$	4,394.8	$	4,381.6	$	4,196.6
IA&C	4,002.2		4,140.6		4,041.8
SC&E	2,492.3		2,405.6		2,002.3
Total	$	10,889.3	$	10,927.8	$	10,240.7

Revenue before billable expenses:
MD&E	$	4,326.5	$	4,296.9	$	4,117.7
IA&C	3,633.2		3,766.3		3,679.7
SC&E	1,440.9		1,386.2		1,310.5
Total	$	9,400.6	$	9,449.4	$	9,107.9

Restructuring:
MD&E	(1.3)		69.1		0.1
IA&C	0.2		28.7		2.6
SC&E	1.1		3.8		10.0
Corporate and other	0.1		0.8		(2.1)
Total	$	0.1	$	102.4	$	10.6

Segment EBITA1:
MD&E	$	832.4	$	744.5	$	865.3
IA&C	541.3		581.4		597.9
SC&E	265.2		234.5		188.6
Corporate and other	(72.3)		(94.5)		(129.4)
Total	$	1,566.6	$	1,465.9	$	1,522.4

Amortization of acquired intangibles:
MD&E	$	77.3	$	72.8	$	71.9
IA&C	4.3		7.2		10.4
SC&E	2.4		4.7		3.9
Corporate and other	0.0		0.0		0.0
Total	$	84.0	$	84.7	$	86.2

Depreciation and amortization2:
MD&E	$	105.8	$	107.4	$	108.0
IA&C	53.6		58.4		62.7
SC&E	15.9		16.9		17.7
Corporate and other	5.0		6.6		9.2
Total	$	180.3	$	189.3	$	197.6

Capital expenditures:
MD&E	$	100.1	$	97.4	$	99.7
IA&C	40.8		43.8		57.5
SC&E	6.4		7.3		8.1
Corporate and other	32.0		29.6		30.0
Total	$	179.3	$	178.1	$	195.3

1 Segment 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.


	December 31,
	2023		2022
Total assets:
MD&E	$	10,715.4	$	9,984.3
IA&C	4,812.5		5,083.5
SC&E	1,800.6		1,629.9
Corporate and other	1,938.8		2,114.0
Total	$	19,267.3	$	18,811.7

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


	Years ended December 31,
	2023		2022		2021
MD&E EBITA	$	832.4	$	744.5	$	865.3
IA&C EBITA	541.3		581.4		597.9
SC&E EBITA	265.2		234.5		188.6
Corporate and other EBITA	(72.3)		(94.5)		(129.4)
Less: consolidated amortization of acquired intangibles	84.0		84.7		86.2
Operating income	1,482.6		1,381.2		1,436.2
Total (expenses) and other income	(74.6)		(112.3)		(214.1)
Income before income taxes	$	1,408.0	$	1,268.9	$	1,222.1