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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following sets forth basic and diluted earnings per common share available to IPG common stockholders.
 
Three months ended
June 30,
 
Six months ended
June 30,
 
2019
 
2018
 
2019
 
2018
Net income available to IPG common stockholders
$
169.5

 
$
145.8

 
$
161.5

 
$
131.7

 
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding - basic
386.2

 
383.6

 
385.4

 
383.5

       Dilutive effect of stock options and restricted shares
5.0

 
5.9

 
4.7

 
5.4

Weighted-average number of common shares outstanding - diluted
391.2

 
389.5

 
390.1

 
388.9

 
 
 
 
 
 
 
 
Earnings per share available to IPG common stockholders:
 
 
 
 
 
 
 
       Basic
$
0.44

 
$
0.38

 
$
0.42

 
$
0.34

       Diluted
$
0.43

 
$
0.37

 
$
0.41

 
$
0.34