Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Dec. 31, 2012		Dec. 31, 2011
ASSETS:
Cash and cash equivalents	$ 2,574.8		$ 2,302.7
Marketable securities	16.0		12.9
Accounts receivable, net of allowance of $59.0 and $55.4	4,496.6		4,425.4
Expenditures billable to clients	1,318.8		1,247.2
Other current assets	332.1		364.0
Total current assets	8,738.3		8,352.2
Furniture, equipment and leasehold improvements, net	504.8		459.8
Deferred income taxes	160.5		181.2
Goodwill	3,580.6		3,444.3
Other non-current assets	509.7		471.2
TOTAL ASSETS	13,493.9		12,908.7
LIABILITIES:
Accounts payable	6,584.8		6,647.2
Accrued liabilities	728.2		830.0
Short-term borrowings	172.1		153.5
Current portion of long-term debt	216.6	[1],[2]	404.8	[1],[2]
Total current liabilities	7,701.7		8,035.5
Long-term debt	2,060.8		1,210.9
Deferred compensation	489.0		440.3
Other non-current liabilities	558.6		481.3
TOTAL LIABILITIES	10,810.1		10,168.0
Redeemable noncontrolling interests (see Note 6)	227.2		243.4
STOCKHOLDERS' EQUITY:
Preferred stock	221.5		221.5
Common stock	48.8		48.2
Additional paid-in capital	2,465.4		2,427.5
Retained earnings	738.3		405.1
Accumulated other comprehensive loss, net of tax	(288.0)		(225.7)
Stockholders Equity Subtotal Before Treasury Stock	3,186.0		2,876.6
Less: Treasury stock	(765.4)		(414.9)
Total IPG stockholders' equity	2,420.6		2,461.7
Noncontrolling interests	36.0		35.6
TOTAL STOCKHOLDERS' EQUITY	2,456.6		2,497.3
TOTAL LIABILITIES AND EQUITY	$ 13,493.9		$ 12,908.7

[1] On March 15, 2013, holders of our 4.75% Convertible Senior Notes due 2023 (the “4.75% Notes”) may require us to repurchase their notes for cash, stock or a combination, at our election, at par, and accordingly, we included these notes in the current portion of long-term debt on our December 31, 2012 Consolidated Balance Sheet. We included our 4.25% Convertible Senior Notes due 2023 (the “4.25% Notes”) in the current portion of long-term debt on our December 31, 2011 Consolidated Balance Sheet because holders of the 4.25% Notes had a repurchase option on March 15, 2012 for cash at par. The 4.25% Notes were retired in the first quarter of 2012.

[2] See Note 17 for further information regarding subsequent events.