XML 16 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
ASSETS:    
Cash and cash equivalents $ 1,860.2 $ 790.9
Accounts receivable, net of allowance of $46.5 and $42.7, respectively 4,009.1 4,585.0
Accounts receivable, billable to clients 1,995.9 1,747.4
Assets held for sale 5.7 5.7
Other current assets 459.6 346.5
Total current assets 8,330.5 7,475.5
Property and equipment, net of accumulated depreciation of $1,026.8 and $1,036.2, respectively 602.9 650.4
Deferred income taxes 270.2 234.0
Goodwill 3,784.7 3,820.4
Other non-current assets 524.8 524.4
TOTAL ASSETS 13,513.1 12,704.7
LIABILITIES:    
Accounts payable 5,515.1 6,420.2
Accrued liabilities 571.0 674.7
Contract liabilities 514.4 484.7
Short-term borrowings 82.6 84.9
Current portion of long-term debt 0.1 2.0
Liabilities held for sale 8.5 8.8
Total current liabilities 6,691.7 7,675.3
Long-term debt 3,261.4 1,285.6
Deferred compensation 438.5 476.6
Other non-current liabilities 791.6 768.8
TOTAL LIABILITIES 11,183.2 10,206.3
Redeemable noncontrolling interests (see Note 5) 159.7 252.1
STOCKHOLDERS' EQUITY:    
Common stock 39.1 38.6
Additional paid-in capital 1,041.8 955.2
Retained earnings 2,158.4 2,104.5
Accumulated other comprehensive loss, net of tax (925.3) (827.8)
Stockholders Equity Subtotal Before Treasury Stock 2,314.0 2,270.5
Less: Treasury stock (176.1) (59.0)
Total IPG stockholders' equity 2,137.9 2,211.5
Noncontrolling interests 32.3 34.8
TOTAL STOCKHOLDERS' EQUITY 2,170.2 2,246.3
TOTAL LIABILITIES AND EQUITY 13,513.1 12,704.7
Parentheticals:    
Allowance for Doubtful Accounts Receivable 46.5 42.7
Accumulated Depreciation, Property and Equipment $ 1,026.8 $ 1,036.2