Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
ASSETS:
Cash and cash equivalents	$ 520.5	$ 673.4
Accounts receivable, net of allowance of $38.8 and $42.5, respectively	4,047.8	5,126.6
Accounts receivable, billable to clients	2,018.7	1,900.6
Assets held for sale	22.8	5.7
Other current assets	440.2	476.6
Total current assets	7,050.0	8,182.9
Property and equipment, net of accumulated depreciation of $1,097.4 and $1,034.9, respectively	758.2	790.9
Deferred income taxes	279.1	247.0
Goodwill	4,847.4	4,875.9
Other intangible assets	1,032.3	1,094.7
Operating lease right-of-use asset	1,573.5	0.0
Other non-current assets	457.1	428.9
TOTAL ASSETS	15,997.6	15,620.3
LIABILITIES:
Accounts payable	5,656.0	6,698.1
Accrued liabilities	634.3	806.9
Contract liabilities	562.4	533.9
Short-term borrowings	244.8	73.7
Current portion of long-term debt	3.3	0.1
Current portion of operating leases	261.6	0.0
Liabilities held for sale	36.0	11.2
Total current liabilities	7,398.4	8,123.9
Long-term debt	3,367.1	3,660.2
Non-current operating leases	1,434.4	0.0
Deferred compensation	394.8	422.7
Other non-current liabilities	714.4	812.8
TOTAL LIABILITIES	13,309.1	13,019.6
Redeemable noncontrolling interests	185.4	167.9
STOCKHOLDERS' EQUITY:
Common stock	38.7	38.3
Additional paid-in capital	941.0	895.9
Retained earnings	2,455.5	2,400.1
Accumulated other comprehensive loss, net of tax	(966.2)	(941.1)
Total IPG stockholders' equity	2,469.0	2,393.2
Noncontrolling interests	34.1	39.6
TOTAL STOCKHOLDERS' EQUITY	2,503.1	2,432.8
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	15,997.6	15,620.3
Parentheticals:
Allowance for doubtful accounts receivable	38.8	42.5
Accumulated depreciation, property and equipment	$ 1,097.4	$ 1,034.9