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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
ASSETS:    
Cash and cash equivalents $ 673.4 $ 1,502.9
Marketable securities 6.9 6.8
Accounts receivable, net of allowance of $52.7 and $54.2, respectively 3,718.9 4,361.0
Expenditures billable to clients 1,774.2 1,594.4
Other current assets 312.6 228.0
Total current assets 6,486.0 7,693.1
Property and equipment, net of accumulated depreciation of $969.7 and $961.9, respectively 565.1 567.2
Deferred income taxes 277.0 228.4
Goodwill 3,681.8 3,608.5
Other non-current assets 506.9 487.9
TOTAL ASSETS 11,516.8 12,585.1
LIABILITIES:    
Accounts payable 5,785.1 6,672.0
Accrued liabilities 620.6 760.3
Short-term borrowings 131.7 150.1
Current portion of long-term debt 2.0 1.9
Total current liabilities 6,539.4 7,584.3
Long-term debt 1,609.9 1,610.3
Deferred compensation 414.1 464.2
Other non-current liabilities 733.2 672.6
TOTAL LIABILITIES 9,296.6 10,331.4
Redeemable noncontrolling interests (see Note 4) 246.3 251.9
STOCKHOLDERS' EQUITY:    
Common stock 40.7 40.4
Additional paid-in capital 1,434.0 1,404.1
Retained earnings 1,379.0 1,437.6
Accumulated other comprehensive loss, net of tax (787.5) (845.6)
Stockholders Equity Subtotal Before Treasury Stock 2,066.2 2,036.5
Less: Treasury stock (124.7) (71.0)
Total IPG stockholders' equity 1,941.5 1,965.5
Noncontrolling interests 32.4 36.3
TOTAL STOCKHOLDERS' EQUITY 1,973.9 2,001.8
TOTAL LIABILITIES AND EQUITY 11,516.8 12,585.1
Parentheticals:    
Allowance for Doubtful Accounts Receivable 52.7 54.2
Accumulated Depreciation, Property and Equipment $ 969.7 $ 961.9