|
Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
Sep. 30, 2011
|
|
| Income Statement [Abstract] | ||||
| REVENUE | $ 1,670.4 | $ 1,726.5 | $ 4,892.9 | $ 4,942.0 |
| OPERATING EXPENSES: | ||||
| Salaries and related expenses | 1,064.3 | 1,088.0 | 3,258.1 | 3,263.8 |
| Office and general expenses | 474.7 | 465.3 | 1,366.4 | 1,376.3 |
| Total operating expenses | 1,539.0 | 1,553.3 | 4,624.5 | 4,640.1 |
| OPERATING INCOME | 131.4 | 173.2 | 268.4 | 301.9 |
| EXPENSES AND OTHER INCOME: | ||||
| Interest expense | (31.6) | (32.9) | (96.9) | (97.9) |
| Interest income | 6.7 | 9.7 | 21.4 | 27.7 |
| Other income, net | 1.7 | 137.1 | 5.1 | 136.3 |
| Total (expenses) and other income | (23.2) | 113.9 | (70.4) | 66.1 |
| Income before income taxes | 108.2 | 287.1 | 198.0 | 368.0 |
| Provision for income taxes | 41.9 | 70.4 | 72.8 | 96.5 |
| Income of consolidated companies | 66.3 | 216.7 | 125.2 | 271.5 |
| Equity in net income of unconsolidated affiliates | 1.4 | 0.8 | 2.3 | 1.7 |
| NET INCOME | 67.7 | 217.5 | 127.5 | 273.2 |
| Net loss (income) attributable to noncontrolling interests | 3.9 | (6.5) | 3.0 | (2.8) |
| NET INCOME ATTRIBUTABLE TO IPG | 71.6 | 211.0 | 130.5 | 270.4 |
| Dividends on preferred stock | (2.9) | (2.9) | (8.7) | (8.7) |
| NET INCOME AVAILABLE TO IPG COMMON STOCKHOLDERS | $ 68.7 | $ 208.1 | $ 121.8 | $ 261.7 |
| Earnings per share available to IPG common stockholders: | ||||
| Basic | $ 0.16 | $ 0.45 | $ 0.28 | $ 0.56 |
| Diluted | $ 0.15 | $ 0.40 | $ 0.27 | $ 0.50 |
| Weighted-average number of common shares outstanding: | ||||
| Basic | 431.3 | 464.7 | 435.5 | 471.3 |
| Diluted | 456.1 | 537.6 | 469.7 | 527.8 |
| Dividends declared per common share | $ 0.06 | $ 0.06 | $ 0.18 | $ 0.18 |