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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
ASSETS:    
Cash and cash equivalents $ 672.6 $ 1,502.9
Marketable securities 2.8 6.8
Accounts receivable, net of allowance of $53.6 and $54.2, respectively 3,945.0 4,361.0
Expenditures billable to clients 1,710.4 1,594.4
Other current assets 294.6 228.0
Total current assets 6,625.4 7,693.1
Property and equipment, net of accumulated depreciation of $966.2 and $961.9, respectively 569.7 567.2
Deferred income taxes 274.2 228.4
Goodwill 3,662.2 3,608.5
Other non-current assets 502.4 487.9
TOTAL ASSETS 11,633.9 12,585.1
LIABILITIES:    
Accounts payable 5,857.7 6,672.0
Accrued liabilities 588.4 760.3
Short-term borrowings 211.7 150.1
Current portion of long-term debt 24.5 1.9
Total current liabilities 6,682.3 7,584.3
Long-term debt 1,583.6 1,610.3
Deferred compensation 408.6 464.2
Other non-current liabilities 685.0 672.6
TOTAL LIABILITIES 9,359.5 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 1,460.4 1,404.1
Retained earnings 1,475.3 1,437.6
Accumulated other comprehensive loss, net of tax (797.3) (845.6)
Stockholders Equity Subtotal Before Treasury Stock 2,179.1 2,036.5
Less: Treasury stock (183.5) (71.0)
Total IPG stockholders' equity 1,995.6 1,965.5
Noncontrolling interests 32.5 36.3
TOTAL STOCKHOLDERS' EQUITY 2,028.1 2,001.8
TOTAL LIABILITIES AND EQUITY 11,633.9 12,585.1
Parentheticals:    
Allowance for Doubtful Accounts Receivable 53.6 54.2
Accumulated Depreciation, Property and Equipment $ 966.2 $ 961.9