Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
ASSETS:
Cash and cash equivalents	$ 630.5	$ 673.4
Accounts receivable, net of allowance of $40.1 and $42.5, respectively	4,027.5	5,126.6
Accounts receivable, billable to clients	2,077.4	1,900.6
Assets held for sale	19.7	5.7
Other current assets	491.9	476.6
Total current assets	7,247.0	8,182.9
Property and equipment, net of accumulated depreciation of $1,026.8 and $1,036.2, respectively	767.1	790.9
Deferred income taxes	285.6	247.0
Goodwill	4,885.2	4,875.9
Other Intangible Assets, Net	1,074.5	1,094.7
Operating lease right-of-use asset	1,355.5	0.0
Other non-current assets	435.1	428.9
TOTAL ASSETS	16,050.0	15,620.3
LIABILITIES:
Accounts payable	5,733.7	6,698.1
Accrued liabilities	663.6	806.9
Contract liabilities	575.9	533.9
Short-term borrowings	272.4	73.7
Current portion of long-term debt	0.1	0.1
Current portion of operating leases	263.0	0.0
Liabilities held for sale	22.4	11.2
Total current liabilities	7,531.1	8,123.9
Long-term debt	3,663.7	3,660.2
Non-current operating leases	1,223.6	0.0
Deferred compensation	401.9	422.7
Other non-current liabilities	713.3	812.8
TOTAL LIABILITIES	13,533.6	13,019.6
Redeemable Noncontrolling Interest, Equity, Fair Value	161.8	167.9
STOCKHOLDERS' EQUITY:
Common stock	38.6	38.3
Additional paid-in capital	903.3	895.9
Retained earnings	2,303.1	2,400.1
Accumulated Other Comprehensive Income (Loss), Net of Tax	(929.7)	(941.1)
Total IPG stockholders' equity	2,315.3	2,393.2
Noncontrolling interests	39.3	39.6
TOTAL LIABILITIES AND EQUITY	2,354.6	2,432.8
Parentheticals:
Allowance for Doubtful Accounts Receivable	40.1	42.5
Accumulated Depreciation, Property and Equipment	1,061.6	1,034.9
Liabilities and Equity	$ 16,050.0	$ 15,620.3