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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
ASSETS:    
Cash and cash equivalents $ 2,402.3 $ 3,270.0
Accounts receivable, net of allowance of $66.6 and $68.5, respectively 4,179.9 5,177.7
Accounts receivable, billable to clients 2,155.3 2,347.2
Assets held for sale 30.4 8.2
Other current assets 502.1 428.7
Total current assets 9,270.0 11,231.8
Property and equipment, net of accumulated depreciation and amortization of $1,228.6 and $1,201.6, respectively 654.9 675.8
Deferred Income Tax Assets, Net 308.8 301.4
Goodwill 4,899.3 4,908.7
Other intangible assets 825.3 847.5
Operating lease right-of-use asset 1,506.5 1,544.4
Other non-current assets 416.1 399.6
TOTAL ASSETS 17,880.9 19,909.2
LIABILITIES:    
Accounts payable 7,245.3 8,960.0
Accrued liabilities 590.9 918.1
Contract liabilities 760.0 688.5
Short-term borrowings 59.1 47.5
Current portion of long-term debt 0.6 0.7
Current portion of operating leases 270.3 265.8
Liabilities held for sale 28.0 9.4
Total current liabilities 8,954.2 10,890.0
Long-term debt 2,908.1 2,908.6
Non-current operating leases 1,528.9 1,576.0
Deferred compensation 288.0 329.1
Other non-current liabilities 645.0 600.7
TOTAL LIABILITIES 14,324.2 16,304.4
Redeemable noncontrolling interests 7.9 15.6
STOCKHOLDERS' EQUITY:    
Common stock 39.7 39.3
Additional paid-in capital 1,206.0 1,226.6
Retained earnings 3,196.7 3,154.3
Accumulated other comprehensive loss, net of tax (892.3) (894.2)
Stockholders' Equity before Treasury Stock 3,550.1 3,526.0
Treasury Stock, Value (63.1) 0.0
Total IPG stockholders' equity 3,487.0 3,526.0
Noncontrolling interests 61.8 63.2
TOTAL STOCKHOLDERS' EQUITY 3,548.8 3,589.2
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 17,880.9 19,909.2
Parentheticals:    
Allowance for doubtful accounts receivable (66.6) 68.5
Accumulated depreciation, property and equipment $ (1,228.6) $ 1,201.6