XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
ASSETS:    
Cash and cash equivalents $ 2,490.0 $ 2,509.0
Accounts receivable, net of allowance of $84.6 and $98.3, respectively 4,042.5 4,646.4
Accounts receivable, billable to clients 2,150.4 1,820.7
Assets held for sale 3.5 0.8
Other current assets 446.5 390.7
Total current assets 9,132.9 9,367.6
Property and equipment, net of accumulated depreciation and amortization of $1,196.4 and $1,133.9, respectively 666.3 690.3
Deferred Income Tax Assets, Net 273.7 302.0
Goodwill 4,914.4 4,945.5
Other intangible assets 869.7 933.6
Operating lease right-of-use asset 1,516.5 1,379.3
Other non-current assets 431.8 424.4
TOTAL ASSETS 17,805.3 18,042.7
LIABILITIES:    
Accounts payable 6,844.2 7,269.7
Accrued liabilities 760.4 832.4
Contract liabilities 622.2 657.8
Short-term borrowings 44.1 48.0
Current portion of long-term debt 500.4 502.5
Current portion of operating leases 270.1 268.5
Liabilities held for sale 7.6 1.6
Total current liabilities 9,049.0 9,580.5
Long-term debt 2,908.3 2,915.8
Non-current operating leases 1,536.1 1,441.0
Deferred compensation 378.9 413.2
Other non-current liabilities 639.1 655.2
TOTAL LIABILITIES 14,511.4 15,005.7
Redeemable noncontrolling interests 72.6 93.1
STOCKHOLDERS' EQUITY:    
Common stock 39.3 39.0
Additional paid-in capital 1,151.6 1,099.3
Retained earnings 2,908.9 2,636.9
Accumulated other comprehensive loss, net of tax (928.4) (880.2)
Total IPG stockholders' equity 3,171.4 2,895.0
Noncontrolling interests 49.9 48.9
TOTAL STOCKHOLDERS' EQUITY 3,221.3 2,943.9
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 17,805.3 18,042.7
Parentheticals:    
Allowance for doubtful accounts receivable 84.6 98.3
Accumulated depreciation, property and equipment $ 1,196.4 $ 1,133.9