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Earnings Per Share Basic and Diluted (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Mar. 31, 2010
Sep. 30, 2011
Sep. 30, 2010
Net income available to IPG common stockholders - basic$ 208.1$ 42.4 $ 261.7$ 76.2
Net income available to IPG common stockholders - diluted212.443.7 265.855.5
Weighted-average number of common shares outstanding - basic464.7474.7 471.3473.0
Weighted-average number of common shares outstanding - diluted537.6533.6 527.8526.4
Earnings per share available to IPG common stockholders - basic$ 0.45$ 0.09 $ 0.56$ 0.16
Earnings per share available to IPG common stockholders - diluted$ 0.40$ 0.08 $ 0.50$ 0.11
Adjustments: Effect of dilutive securities     
Preferred stock dividends2.90 00
Benefit from preferred stock repurchased00 0(21.7)[1]
Add: Effect of dilutive securities     
Restricted stock, stock options and other equity awards7.610.6 7.79.3
Preferred stock outstanding16.50 00
Preferred stock repurchased00 011.9
Dividends declared and associated with preferred stock repurchased  4.0  
4.25% Notes
     
Adjustments: Effect of dilutive securities     
Interest on convertible debt0.40.3 1.01.0
Add: Effect of dilutive securities     
Convertible debt securities32.532.2 32.532.2
Stated Interest Rate4.25%  4.25% 
4.75% Notes
     
Adjustments: Effect of dilutive securities     
Interest on convertible debt$ 1.0$ 1.0 $ 3.1$ 0
Add: Effect of dilutive securities     
Convertible debt securities16.316.1 16.30
Stated Interest Rate4.75%  4.75% 
[1]For the nine months ended September 30, 2010, the benefit from the preferred stock repurchased is excluded from net income available to IPG common stockholders for purposes of calculating diluted earnings per share since the associated common shares, if converted, were dilutive. In addition, the benefit is also net of $4.0 of preferred dividends that were declared during the first quarter of 2010 and associated with the preferred stock repurchased.