Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
ASSETS:
Cash and cash equivalents	$ 597.3	$ 790.9
Accounts receivable, net of allowance of $43.1 and $42.7, respectively	3,942.5	4,585.0
Accounts receivable, billable to clients	1,981.1	1,747.4
Assets held for sale	12.0	5.7
Other current assets	430.6	346.5
Total current assets	6,963.5	7,475.5
Property and equipment, net of accumulated depreciation of $1,057.1 and $1,036.2, respectively	634.2	650.4
Deferred income taxes	273.1	234.0
Goodwill	3,839.7	3,820.4
Other non-current assets	529.6	524.4
TOTAL ASSETS	12,240.1	12,704.7
LIABILITIES:
Accounts payable	5,467.1	6,420.2
Accrued liabilities	528.1	674.7
Contract liabilities	507.5	484.7
Short-term borrowings	799.4	84.9
Current portion of long-term debt	2.1	2.0
Liabilities held for sale	18.3	8.8
Total current liabilities	7,322.5	7,675.3
Long-term debt	1,288.2	1,285.6
Deferred compensation	457.1	476.6
Other non-current liabilities	785.1	768.8
TOTAL LIABILITIES	9,852.9	10,206.3
Redeemable noncontrolling interests (see Note 6)	246.9	252.1
STOCKHOLDERS' EQUITY:
Common stock	39.0	38.6
Additional paid-in capital	963.7	955.2
Retained earnings	2,010.5	2,104.5
Accumulated other comprehensive loss, net of tax	(790.8)	(827.8)
Stockholders Equity Subtotal Before Treasury Stock	2,222.4	2,270.5
Less: Treasury stock	(113.9)	(59.0)
Total IPG stockholders' equity	2,108.5	2,211.5
Noncontrolling interests	31.8	34.8
TOTAL STOCKHOLDERS' EQUITY	2,140.3	2,246.3
TOTAL LIABILITIES AND EQUITY	12,240.1	12,704.7
Parentheticals:
Allowance for Doubtful Accounts Receivable	43.1	42.7
Accumulated Depreciation, Property and Equipment	$ 1,057.1	$ 1,036.2

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.