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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2021
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,
| 2021 |  | 2020 |  | 2021 |  | 2020
Total revenue: |  |  |  |  |  |  |
IAN | $ | 2,077.8 |  |  | $ | 1,672.5 |  |  | $ | 3,929.2 |  |  | $ | 3,491.3 |
DXTRA | 431.8 |  |  | 353.2 |  |  | 837.4 |  |  | 894.2 |
Total | $ | 2,509.6 |  |  | $ | 2,025.7 |  |  | $ | 4,766.6 |  |  | $ | 4,385.5 |
Net revenue: |  |  |  |  |  |  |
IAN | $ | 1,954.5 |  |  | $ | 1,585.7 |  |  | $ | 3,688.6 |  |  | $ | 3,250.2 |
DXTRA | 315.1 |  |  | 267.7 |  |  | 608.7 |  |  | 575.3 |
Total | $ | 2,269.6 |  |  | $ | 1,853.4 |  |  | $ | 4,297.3 |  |  | $ | 3,825.5 |
Segment EBITA 1: |  |  |  |  |  |  |
IAN | $ | 382.9 |  |  | $ | 100.4 |  |  | $ | 637.2 |  |  | $ | 199.4 |
DXTRA | 54.7 |  |  | (26.3) |  |  | 95.1 |  |  | (4.0) |
Corporate and Other | (31.6) |  |  | (11.8) |  |  | (61.7) |  |  | (35.9) |
Total | $ | 406.0 |  |  | $ | 62.3 |  |  | $ | 670.6 |  |  | $ | 159.5 |
Amortization of acquired intangibles: |  |  |  |  |  |  |
IAN | $ | 20.4 |  |  | $ | 20.8 |  |  | $ | 40.9 |  |  | $ | 41.0 |
DXTRA | 1.2 |  |  | 1.0 |  |  | 2.3 |  |  | 2.1 |
Corporate and Other | 0.0 |  |  | 0.0 |  |  | 0.0 |  |  | 0.0 |
Total | $ | 21.6 |  |  | $ | 21.8 |  |  | $ | 43.2 |  |  | $ | 43.1 |
Depreciation and amortization 2: |  |  |  |  |  |  |
IAN | $ | 42.1 |  |  | $ | 45.3 |  |  | $ | 83.5 |  |  | $ | 90.0 |
DXTRA | 4.3 |  |  | 5.4 |  |  | 8.6 |  |  | 10.5 |
Corporate and Other | 2.1 |  |  | 0.6 |  |  | 4.0 |  |  | 2.3 |
Total | $ | 48.5 |  |  | $ | 51.3 |  |  | $ | 96.1 |  |  | $ | 102.8 |
Capital expenditures: |  |  |  |  |  |  |
IAN | $ | 27.5 |  |  | $ | 19.8 |  |  | $ | 49.2 |  |  | $ | 53.5 |
DXTRA | 1.6 |  |  | 1.3 |  |  | 2.3 |  |  | 2.9 |
Corporate and Other | 4.7 |  |  | 6.2 |  |  | 10.6 |  |  | 15.5 |
Total | $ | 33.8 |  |  | $ | 27.3 |  |  | $ | 62.1 |  |  | $ | 71.9 |
1 Adjusted EBITA is calculated as net income (loss) available to IPG common stockholders before provision for incomes taxes, total (expenses) and other income, equity in net income (loss) of unconsolidated affiliates, net (income) loss attributable to noncontrolling interests and amortization of acquired intangibles. 2 Excludes amortization of acquired intangibles.
| June 30, 2021 |  | December 31, 2020
Total assets: |  |  |
IAN | $ | 14,245.0 |  |  | $ | 14,784.5 |
DXTRA | 1,571.8 |  |  | 1,549.2 |
Corporate and Other | 1,504.9 |  |  | 1,709.0 |
Total | $ | 17,321.7 |  |  | $ | 18,042.7 |
The following table presents the reconciliation of segment EBITA to Income (Loss) before income taxes.
| Three months ended June 30, |  | Six months ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
IAN EBITA | $ | 382.9 |  |  | $ | 100.4 |  |  | $ | 637.2 |  |  | $ | 199.4 |
DXTRA EBITA | 54.7 |  |  | (26.3) |  |  | 95.1 |  |  | (4.0) |
Corporate and Other EBITA | (31.6) |  |  | (11.8) |  |  | (61.7) |  |  | (35.9) |
Less: consolidated amortization of acquired intangibles | 21.6 |  |  | 21.8 |  |  | 43.2 |  |  | 43.1 |
Operating income | 384.4 |  |  | 40.5 |  |  | 627.4 |  |  | 116.4 |
Total (expenses) and other income | (30.3) |  |  | (65.4) |  |  | (156.9) |  |  | (121.3) |
Income (Loss) before income taxes | $ | 354.1 |  |  | $ | (24.9) |  |  | $ | 470.5 |  |  | $ | (4.9) |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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