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Earnings Per Share (Tables) | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The following sets forth basic and diluted earnings per common share available to IPG common stockholders.
| Three Months Ended September 30, |  | Nine months ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Net income available to IPG common stockholders | $ | 20.1 |  |  | $ | 243.7 |  |  | $ | 345.0 |  |  | $ | 635.2 |
Weighted-average number of common shares outstanding - basic | 373.9 |  |  | 383.6 |  |  | 376.2 |  |  | 385.0 |
Dilutive effect of stock options and restricted shares | 2.9 |  |  | 1.9 |  |  | 2.5 |  |  | 1.8
Weighted-average number of common shares outstanding - diluted | 376.8 |  |  | 385.5 |  |  | 378.7 |  | 386.8
Earnings per share available to IPG common stockholders: |  |  |  |  |  |  |
Basic | $ | 0.05 |  |  | $ | 0.64 |  |  | $ | 0.92 |  |  | $ | 1.65 |
Diluted | $ | 0.05 |  |  | $ | 0.63 |  |  | $ | 0.91 |  |  | $ | 1.64 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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