Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
ASSETS:
Cash and cash equivalents	$ 1,678.1	$ 2,545.3
Accounts receivable, net of allowance of $47.3 and $48.6, respectively	3,792.8	5,316.0
Accounts receivable, billable to clients	2,153.7	2,023.0
Assets held for sale	5.9	5.9
Other current assets	540.4	435.0
Total current assets	8,170.9	10,325.2
Property and equipment, net of accumulated depreciation and amortization of $1,279.4 and $1,244.8, respectively	630.5	637.4
Deferred Income Tax Assets, Net	284.2	271.7
Goodwill	5,061.0	5,050.6
Other intangible assets	798.3	818.1
Operating lease right-of-use asset	1,248.9	1,277.5
Other non-current assets	470.3	464.5
TOTAL ASSETS	16,664.1	18,845.0
LIABILITIES:
Accounts payable	6,460.6	8,235.3
Accrued liabilities	538.5	787.1
Contract liabilities	692.8	680.0
Short-term borrowings	27.7	44.3
Current portion of long-term debt	0.6	0.6
Current portion of operating leases	234.6	235.9
Liabilities held for sale	5.2	0.0
Total current liabilities	7,960.0	9,983.2
Long-term debt	2,871.5	2,870.7
Non-current operating leases	1,341.9	1,380.1
Deferred compensation	212.6	294.1
Other non-current liabilities	619.7	572.6
TOTAL LIABILITIES	13,005.7	15,100.7
Redeemable noncontrolling interests	38.4	38.3
STOCKHOLDERS' EQUITY:
Common stock	39.1	38.9
Additional paid-in capital	1,016.7	1,057.5
Retained earnings	3,638.1	3,632.1
Accumulated other comprehensive loss, net of tax	(936.6)	(960.4)
Stockholders' Equity before Treasury Stock	3,757.3	3,768.1
Treasury Stock, Value	(198.0)	(120.2)
Total IPG stockholders' equity	3,559.3	3,647.9
Noncontrolling interests	60.7	58.1
TOTAL STOCKHOLDERS' EQUITY	3,620.0	3,706.0
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	16,664.1	18,845.0
Parentheticals:
Allowance for doubtful accounts receivable	47.3	48.6
Accumulated depreciation, property and equipment	$ 1,279.4	$ 1,244.8