Consolidated Balance Sheets - USD ($)
$ in Millions |
Mar. 31, 2017 |
Dec. 31, 2016 |
| ASSETS: |
|
|
| Cash and cash equivalents |
$ 775.0
|
$ 1,097.6
|
| Marketable securities |
3.1
|
3.0
|
| Accounts receivable, net of allowance of $61.0 and $55.7, respectively |
3,641.5
|
4,389.7
|
| Expenditures billable to clients |
1,742.7
|
1,518.1
|
| Assets held for sale |
108.7
|
203.2
|
| Other current assets |
318.5
|
226.4
|
| Total current assets |
6,589.5
|
7,438.0
|
| Property and equipment, net of accumulated depreciation of $989.0 and $961.6, respectively |
616.3
|
622.0
|
| Deferred income taxes |
243.6
|
220.3
|
| Goodwill |
3,703.5
|
3,674.4
|
| Other non-current assets |
545.0
|
530.5
|
| TOTAL ASSETS |
11,697.9
|
12,485.2
|
| LIABILITIES: |
|
|
| Accounts payable |
5,672.6
|
6,303.6
|
| Accrued liabilities |
572.0
|
794.0
|
| Short-term borrowings |
310.8
|
85.7
|
| Current portion of long-term debt |
324.1
|
323.9
|
| Liabilities held for sale |
111.2
|
198.8
|
| Total current liabilities |
6,990.7
|
7,706.0
|
| Long-term debt |
1,281.9
|
1,280.7
|
| Deferred compensation |
459.3
|
480.7
|
| Other non-current liabilities |
728.4
|
708.3
|
| TOTAL LIABILITIES |
9,460.3
|
10,175.7
|
| Redeemable noncontrolling interests (see Note 4) |
241.2
|
252.8
|
| STOCKHOLDERS' EQUITY: |
|
|
| Common stock |
39.8
|
39.4
|
| Additional paid-in capital |
1,199.7
|
1,199.2
|
| Retained earnings |
1,751.2
|
1,804.3
|
| Accumulated other comprehensive loss, net of tax |
(909.4)
|
(962.5)
|
| Stockholders Equity Subtotal Before Treasury Stock |
2,081.3
|
2,080.4
|
| Less: Treasury stock |
(118.3)
|
(63.3)
|
| Total IPG stockholders' equity |
1,963.0
|
2,017.1
|
| Noncontrolling interests |
33.4
|
39.6
|
| TOTAL STOCKHOLDERS' EQUITY |
1,996.4
|
2,056.7
|
| TOTAL LIABILITIES AND EQUITY |
11,697.9
|
12,485.2
|
| Parentheticals: |
|
|
| Allowance for Doubtful Accounts Receivable |
61.0
|
55.7
|
| Accumulated Depreciation, Property and Equipment |
$ 989.0
|
$ 961.6
|