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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
ASSETS:    
Cash and cash equivalents $ 1,628.0 $ 1,192.2
Accounts receivable, net of allowance of $90.7 and $40.2, respectively 3,297.4 5,209.2
Accounts receivable, billable to clients 1,817.2 1,934.1
Assets held for sale 20.0 22.8
Other current assets 521.7 412.4
Total current assets 7,284.3 8,770.7
Property and equipment, net of accumulated depreciation and amortization of $1,169.8 and $1,116.4, respectively 709.8 778.1
Deferred Income Tax Assets, Net 291.4 252.1
Goodwill 4,875.4 4,894.4
Other intangible assets 949.3 1,014.3
Operating lease right-of-use asset 1,550.2 1,574.4
Other non-current assets 414.3 467.9
TOTAL ASSETS 16,074.7 17,751.9
LIABILITIES:    
Accounts payable 5,105.9 7,205.4
Accrued liabilities 644.7 742.8
Contract liabilities 611.3 585.6
Short-term borrowings 46.3 52.4
Current portion of long-term debt 506.6 502.0
Current portion of operating leases 263.6 267.2
Liabilities held for sale 49.5 65.0
Total current liabilities 7,227.9 9,420.4
Long-term debt 3,411.3 2,771.9
Non-current operating leases 1,471.3 1,429.6
Deferred compensation 388.2 425.0
Other non-current liabilities 662.6 714.7
TOTAL LIABILITIES 13,161.3 14,761.6
Redeemable noncontrolling interests 152.8 164.7
STOCKHOLDERS' EQUITY:    
Common stock 38.9 38.7
Additional paid-in capital 1,028.1 977.3
Retained earnings 2,623.4 2,689.9
Accumulated other comprehensive loss, net of tax (967.8) (930.0)
Total IPG stockholders' equity 2,722.6 2,775.9
Noncontrolling interests 38.0 49.7
TOTAL STOCKHOLDERS' EQUITY 2,760.6 2,825.6
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 16,074.7 17,751.9
Parentheticals:    
Allowance for doubtful accounts receivable 90.7 40.2
Accumulated depreciation, property and equipment $ 1,169.8 $ 1,116.4