Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions |
3 Months Ended |
Mar. 31, 2017 |
Mar. 31, 2016 |
| Income Statement [Abstract] |
|
|
| Revenue |
$ 1,753.9
|
$ 1,742.0
|
| OPERATING EXPENSES: |
|
|
| Salaries and related expenses |
1,275.4
|
1,268.8
|
| Office and general expenses |
448.8
|
450.2
|
| Total operating expenses |
1,724.2
|
1,719.0
|
| OPERATING INCOME |
29.7
|
23.0
|
| EXPENSES AND OTHER INCOME: |
|
|
| Interest expense |
(20.9)
|
(22.6)
|
| Interest income |
5.2
|
5.8
|
| Other income (expense), net |
0.8
|
(19.2)
|
| Total (expenses) and other income |
(14.9)
|
(36.0)
|
| Income (loss) before income taxes |
14.8
|
(13.0)
|
| Benefit of income taxes |
(2.1)
|
(15.6)
|
| Income of consolidated companies |
16.9
|
2.6
|
| Equity in net income of unconsolidated affiliates |
1.2
|
0.1
|
| NET INCOME |
18.1
|
2.7
|
| Net loss attributable to noncontrolling interests |
3.4
|
2.7
|
| NET INCOME AVAILABLE TO IPG COMMON STOCKHOLDERS |
$ 21.5
|
$ 5.4
|
| Earnings per share, Basic |
$ 0.05
|
$ 0.01
|
| Earnings per share, Diluted |
$ 0.05
|
$ 0.01
|
| Weighted-average number of common shares outstanding, Basic |
391.7
|
400.6
|
| Weighted-average number of common shares outstanding, Diluted |
399.3
|
409.3
|
| Dividends declared per common share |
$ 0.18
|
$ 0.15
|