XML 74 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Income Statement [Abstract]      
REVENUE $ 6,956.2 $ 7,014.6 $ 6,507.3
OPERATING EXPENSES:      
Salaries and related expenses 4,391.9 4,402.1 4,117.0
Office and general expenses 1,886.0 1,925.3 1,841.6
Total operating expenses 6,277.9 6,327.4 5,958.6
OPERATING INCOME 678.3 687.2 548.7
EXPENSES AND OTHER INCOME:      
Interest expense (133.5) (136.8) (139.7)
Interest income 29.5 37.8 28.7
Other income, net 100.5 150.2 12.9
Total (expenses) and other income (3.5) 51.2 (98.1)
Income before income taxes 674.8 738.4 450.6
Provision for income taxes 213.3 190.2 171.3
Income of consolidated companies 461.5 548.2 279.3
Equity in net income of unconsolidated affiliates 3.1 3.3 1.9
NET INCOME 464.6 551.5 281.2
Net income attributable to noncontrolling interests (17.9) (19.2) (20.1)
NET INCOME ATTRIBUTABLE TO IPG 446.7 532.3 261.1
Dividends on preferred stock (11.6) (11.6) (15.6)
Benefit from preferred stock repurchased 0 0 25.7
NET INCOME AVAILABLE TO IPG COMMON STOCKHOLDERS $ 435.1 $ 520.7 $ 271.2
Earnings per share      
Basic $ 1.01 $ 1.12 $ 0.57
Diluted $ 0.94 $ 0.99 $ 0.47
Weighted-average number of common shares outstanding:      
Basic 432.5 465.5 473.6
Diluted 481.4 540.6 542.1
Dividends declared per common share $ 0.24 $ 0.24 $ 0.00