Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
ASSETS:
Cash and cash equivalents	$ 493.2	$ 790.9
Accounts receivable, net of allowance of $44.5 and $42.7, respectively	4,247.7	4,585.0
Accounts receivable, billable to clients	1,945.8	1,747.4
Assets held for sale	19.6	5.7
Other current assets	439.3	346.5
Total current assets	7,145.6	7,475.5
Property and equipment, net of accumulated depreciation of $1,014.7 and $1,036.2, respectively	602.0	650.4
Deferred income taxes	261.0	234.0
Goodwill	3,788.1	3,820.4
Other non-current assets	560.9	524.4
TOTAL ASSETS	12,357.6	12,704.7
LIABILITIES:
Accounts payable	5,738.8	6,420.2
Accrued liabilities	551.5	674.7
Contract liabilities	510.8	484.7
Short-term borrowings	757.6	84.9
Current portion of long-term debt	0.1	2.0
Liabilities held for sale	26.5	8.8
Total current liabilities	7,585.3	7,675.3
Long-term debt	1,282.7	1,285.6
Deferred compensation	445.4	476.6
Other non-current liabilities	786.8	768.8
TOTAL LIABILITIES	10,100.2	10,206.3
Redeemable noncontrolling interests (see Note 5)	165.8	252.1
STOCKHOLDERS' EQUITY:
Common stock	39.0	38.6
Additional paid-in capital	1,022.9	955.2
Retained earnings	2,076.7	2,104.5
Accumulated other comprehensive loss, net of tax	(903.4)	(827.8)
Stockholders Equity Subtotal Before Treasury Stock	2,235.2	2,270.5
Less: Treasury stock	(173.5)	(59.0)
Total IPG stockholders' equity	2,061.7	2,211.5
Noncontrolling interests	29.9	34.8
TOTAL STOCKHOLDERS' EQUITY	2,091.6	2,246.3
TOTAL LIABILITIES AND EQUITY	12,357.6	12,704.7
Parentheticals:
Allowance for Doubtful Accounts Receivable	44.5	42.7
Accumulated Depreciation, Property and Equipment	$ 1,014.7	$ 1,036.2