Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
ASSETS:
Cash and cash equivalents	$ 1,628.1	$ 2,545.3
Accounts receivable, net of allowance of $47.7 and $48.6, respectively	4,170.0	5,316.0
Accounts receivable, billable to clients	2,215.9	2,023.0
Marketable Securities, Current	102.8	1.1
Prepaid Expense, Current	456.9	354.1
Assets held for sale	6.0	5.9
Other current assets	61.3	79.8
Total current assets	8,641.0	10,325.2
Property and equipment, net of accumulated depreciation and amortization of $1,234.8 and $1,244.8, respectively	629.6	637.4
Deferred Income Tax Assets, Net	287.0	271.7
Goodwill	5,078.4	5,050.6
Other intangible assets	785.9	818.1
Operating lease right-of-use asset	1,240.7	1,277.5
Other non-current assets	447.4	464.5
TOTAL ASSETS	17,110.0	18,845.0
LIABILITIES:
Accounts payable	6,573.2	8,235.3
Accrued liabilities	562.3	787.1
Contract liabilities	690.5	680.0
Short-term borrowings	30.2	44.3
Current portion of long-term debt	250.3	0.6
Current portion of operating leases	243.5	235.9
Liabilities held for sale	5.3	0.0
Total current liabilities	8,355.3	9,983.2
Long-term debt	2,915.4	2,870.7
Non-current operating leases	1,316.9	1,380.1
Deferred compensation	215.6	294.1
Other non-current liabilities	515.5	572.6
TOTAL LIABILITIES	13,318.7	15,100.7
Redeemable noncontrolling interests	45.5	38.3
STOCKHOLDERS' EQUITY:
Common stock	39.2	38.9
Additional paid-in capital	1,035.2	1,057.5
Retained earnings	3,782.8	3,632.1
Accumulated other comprehensive loss, net of tax	(922.7)	(960.4)
Stockholders' Equity before Treasury Stock	3,934.5	3,768.1
Treasury Stock, Value	(248.2)	(120.2)
Total IPG stockholders' equity	3,686.3	3,647.9
Noncontrolling interests	59.5	58.1
TOTAL STOCKHOLDERS' EQUITY	3,745.8	3,706.0
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	17,110.0	18,845.0
Parentheticals:
Allowance for doubtful accounts receivable	47.7	48.6
Accumulated depreciation, property and equipment	$ 1,234.8	$ 1,244.8