Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
ASSETS:
Cash and cash equivalents	$ 2,545.3	$ 3,270.0
Accounts receivable, net of allowance of $68.5 and $98.3, respectively	5,316.0	5,177.7
Accounts receivable, billable to clients	2,023.0	2,347.2
Assets held for sale	5.9	8.2
Other current assets	435.0	428.7
Total current assets	10,325.2	11,231.8
Property and equipment, net of accumulated depreciation of $1,201.6 and $1,133.9 respectively	637.4	675.8
Deferred income taxes	271.7	301.4
Goodwill	5,050.6	4,908.7
Other intangible assets	818.1	847.5
Operating Lease, Right-of-Use Asset	1,277.5	1,544.4
Other non-current assets	464.5	399.6
TOTAL ASSETS	18,845.0	19,909.2
LIABILITIES:
Accounts payable	8,235.3	8,960.0
Accrued liabilities	787.1	918.1
Contract liabilities	680.0	688.5
Short-term borrowings	44.3	47.5
Current portion of long-term debt	0.6	0.7
Operating Lease, Liability, Current	235.9	265.8
Liabilities held for sale	0.0	9.4
Total current liabilities	9,983.2	10,890.0
Long-term debt	2,870.7	2,908.6
Operating Lease, Liability, Noncurrent	1,380.1	1,576.0
Deferred compensation	294.1	329.1
Other non-current liabilities	572.6	600.7
TOTAL LIABILITIES	15,100.7	16,304.4
Redeemable noncontrolling interests	38.3	15.6
STOCKHOLDERS' EQUITY:
Common stock, $0.10 par value, shares authorized: 800.0 shares issued: 2021 - 394.3; 2020 - 390.9 shares outstanding: 2021 - 394.3; 2020 - 390.9	38.9	39.3
Additional paid-in capital	1,057.5	1,226.6
Retained earnings	3,632.1	3,154.3
Accumulated other comprehensive loss, net of tax	(960.4)	(894.2)
Stockholders' Equity before Treasury Stock	3,768.1	3,526.0
Treasury Stock, Value	120.2	0.0
Total IPG stockholders' equity	3,647.9	3,526.0
Noncontrolling interests	58.1	63.2
TOTAL STOCKHOLDERS' EQUITY	3,706.0	3,589.2
TOTAL LIABILITIES AND EQUITY	$ 18,845.0	$ 19,909.2