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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
ASSETS:    
Cash and cash equivalents $ 891.6 $ 1,502.9
Marketable securities 3.0 6.8
Accounts receivable, net of allowance of $59.1 and $54.2, respectively 3,714.4 4,361.0
Expenditures billable to clients 1,843.7 1,594.4
Other current assets 280.5 228.0
Total current assets 6,733.2 7,693.1
Property and equipment, net of accumulated depreciation of $989.3 and $961.9, respectively 581.6 567.2
Deferred income taxes 298.7 228.4
Goodwill 3,715.3 3,608.5
Other non-current assets 510.7 487.9
TOTAL ASSETS 11,839.5 12,585.1
LIABILITIES:    
Accounts payable 6,025.9 6,672.0
Accrued liabilities 631.7 760.3
Short-term borrowings 133.0 150.1
Current portion of long-term debt 24.5 1.9
Total current liabilities 6,815.1 7,584.3
Long-term debt 1,583.3 1,610.3
Deferred compensation 485.7 464.2
Other non-current liabilities 733.0 672.6
TOTAL LIABILITIES 9,617.1 10,331.4
Redeemable noncontrolling interests (see Note 4) 246.9 251.9
STOCKHOLDERS' EQUITY:    
Common stock 40.7 40.4
Additional paid-in capital 1,481.2 1,404.1
Retained earnings 1,546.6 1,437.6
Accumulated other comprehensive loss, net of tax (862.8) (845.6)
Stockholders Equity Subtotal Before Treasury Stock 2,205.7 2,036.5
Less: Treasury stock (264.3) (71.0)
Total IPG stockholders' equity 1,941.4 1,965.5
Noncontrolling interests 34.1 36.3
TOTAL STOCKHOLDERS' EQUITY 1,975.5 2,001.8
TOTAL LIABILITIES AND EQUITY 11,839.5 12,585.1
Parentheticals:    
Allowance for Doubtful Accounts Receivable 59.1 54.2
Accumulated Depreciation, Property and Equipment $ 989.3 $ 961.9