|
Consolidated Statements of Comprehensive Income (USD $)
In Millions, unless otherwise specified
|
3 Months Ended |
9 Months Ended |
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
Sep. 30, 2011
|
| Statement of Other Comprehensive Income [Abstract] |
|
|
|
|
| NET INCOME |
$ 67.7 |
$ 217.5 |
$ 127.5 |
$ 273.2 |
| OTHER COMPREHENSIVE INCOME |
|
|
|
|
| Foreign currency translation adjustments |
37.3 |
(137.8) |
16.1 |
(71.8) |
| Available-for-sale securities: |
|
|
|
|
| Changes in market value of available-for sale securities |
(40.8) |
(0.6) |
94.7 |
0.1 |
| Less: recognition of previously unrealized losses included in net income |
0 |
0.1 |
0.6 |
0.3 |
| Available-for-sale securities, Income tax effect |
15.8 |
0 |
(34.8) |
(0.1) |
| Available-for-sale securities, Net of tax |
(25.0) |
(0.5) |
60.5 |
0.3 |
| Derivative instruments: |
|
|
|
|
| Changes in fair value of derivative instruments |
(3.6) |
0 |
(22.2) |
0 |
| Derivative instruments, Income tax effect |
1.5 |
0 |
9.2 |
0 |
| Derivative instruments, Net of tax |
(2.1) |
0 |
(13.0) |
0 |
| Defined benefit pension and other postretirement plans: |
|
|
|
|
| Net actuarial gains for the period |
0 |
0 |
1.0 |
3.7 |
| Less: amortization of unrecognized losses, transition obligation and prior service cost included in net income |
2.0 |
1.9 |
5.7 |
5.7 |
| Other |
(0.3) |
(0.1) |
(0.4) |
(0.2) |
| Defined benefit pension and other postretirement plans, Income tax effect |
(0.6) |
(0.6) |
(2.3) |
(2.0) |
| Defined benefit pension and other postretirement plans, Net of tax |
1.1 |
1.2 |
4.0 |
7.2 |
| Other comprehensive income (loss), Net of tax |
11.3 |
(137.1) |
67.6 |
(64.3) |
| Total Comprehensive Income |
79.0 |
80.4 |
195.1 |
208.9 |
| Less: comprehensive (loss) income attributable to noncontrolling interest |
(3.3) |
4.4 |
(3.5) |
1.1 |
| Comprehensive Income Attributable to IPG |
$ 82.3 |
$ 76.0 |
$ 198.6 |
$ 207.8 |