XML 90 R20.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Supplementary Data (Notes) | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023
Supplementary Data [Abstract] |  |
Supplementary Data | Valuation and Qualifying Accounts – Accounts Receivable, Allowance for Expected Credit Losses
| Years ended December 31,
| 2024 |  | 2023 |  | 2022
Balance at beginning of period | $ | 46.4 |  |  | $ | 48.6 |  |  | $ | 68.5 |
Charges to costs and expenses 1 | 1.9 |  |  | 7.2 |  |  | (5.8) |
Adjustments: |  |  |  |  |
Acquisitions/(Dispositions) | 2.0 |  |  | (1.7) |  |  | (0.9) |
Uncollectible accounts written off | (11.4) |  |  | (7.8) |  |  | (12.8) |
Recoveries | 0.1 |  |  | 0.1 |  |  | 1.9 |
Foreign currency translation adjustments | (2.0) |  |  | — |  |  | (2.3) |
Balance at end of period | $ | 37.0 |  |  | $ | 46.4 |  |  | $ | 48.6 |
Property and Equipment
|  | December 31,
|  | 2024 |  | 2023
Furniture and equipment |  | $ | 581.9 |  |  | $ | 632.8 |
Leasehold improvements |  | 501.8 |  |  | 507.0 |
Internal-use computer software |  | 603.2 |  |  | 585.1 |
Land and buildings |  | 138.0 |  |  | 136.7 |
Gross property and equipment |  | 1,824.9 |  |  | 1,861.6 |
Less: accumulated depreciation and amortization |  | (1,258.1) |  |  | (1,224.9) |
Total property and equipment, net |  | $ | 566.8 |  |  | $ | 636.7 |
Total depreciation and amortization expense, which excludes the amortization of acquired intangibles, for property and equipment for the years ended December 31, 2024, 2023 and 2022 was $177.1, $180.3 and $189.3, respectively. Accrued Liabilities The following table presents the components of accrued liabilities.
| December 31,
| 2024 |  | 2023
Salaries, benefits and related expenses | $ | 432.1 |  |  | $ | 507.5 |
Income taxes payable | 80.3 |  |  | 56.8 |
Interest | 37.5 |  |  | 40.2 |
Office and related expenses | 18.7 |  |  | 22.3 |
Acquisition obligations | 5.3 |  |  | 2.9 |
Restructuring charges | 0.4 |  |  | 0.6 |
Other | 87.3 |  |  | 75.5 |
Total accrued liabilities | $ | 661.6 |  |  | $ | 705.8 |
Other (Expense) Income, Net Results of operations include certain items that are not directly associated with our revenue-producing operations.
| Years ended December 31,
| 2024 |  | 2023 |  | 2022
Net gains/(losses) on sales of businesses | $ | (64.2) |  |  | $ | 17.9 |  |  | $ | (11.3) |
Other | (11.7) |  |  | (7.7) |  |  | 10.3 |
Total other (expense) income, net | $ | (75.9) |  |  | $ | 10.2 |  |  | $ | (1.0) |
Net gains/(losses) on sales of businesse s – During 2024, 2023 and 2022, the amounts recognized were related to sales of businesses and the classification of certain assets and liabilities, consisting primarily of goodwill, accounts receivable and accounts payable, as held for sale within our MD&E, IA&C, and SC&E reportable segments. The businesses held for sale as of year-end primarily represent unprofitable, non-strategic agencies which are expected to be sold within the next twelve months. During 2024, the amounts recognized were primarily related to two digital specialist agencies within our MD&E segment classified as held for sale during the third quarter of 2024. The sale of one of these businesses closed in the fourth quarter of 2024 and the sale of the other is expected to close in the first half of 2025. The sales of businesses and the classification of certain assets and liabilities as held for sale included cash, net of proceeds, of $7.9, $58.7 and $(22.4) for the years ended 2024, 2023 and 2022, respectively, which is classified within the Proceeds from sale of businesses, net of cash sold line in our Consolidated Statements of Cash Flows in Item 8, Financial Statements and Supplementary Data. Other – During 2024, the majority of the amounts recognized were primarily related to pension and postretirement costs. During 2023, the majority of the amounts recognized were primarily related to pension and postretirement costs. During 2022, the majority of the amounts recognized were primarily related to a cash gain from the sale of an equity investment, partially offset by a non-cash loss related to the deconsolidation of a previously consolidated entity in which we maintain an equity interest. Share Repurchase Programs On | Supplementary Data
Cash Flow, Supplemental Disclosures | Supplemental Cash Flow Information
| Years ended December 31,
| 2024 |  | 2023 |  | 2022
Cash paid for interest | $ | 231.0 |  |  | $ | 221.6 |  |  | $ | 171.1 |
Changes in operating lease right-of-use assets and lease liabilities 1 | (42.2) |  |  | (32.4) |  |  | 55.1 |
Cash paid for income taxes, net of refunds 2 | 336.1 |  |  | 320.3 |  |  | 255.7 |
1 For the year ended December 31, 2024, comprised of the impairments of operating lease right-of-use asset of ($5.7) classified in Non-cash restructuring charges, offset by $36.5 net cash outflow, classified in Other non-current assets and liabilities in our Consolidated Statements of Cash Flows. For the year ende d December 31, 2023, comprised of the impairments of operating lease right-of-use asset of ($1.2), classified in Non-cash restructuring charges, offset by $31.2 net cash outflow, classified in Other non-current assets and liabilities in our Consolidated Statements of Cash Flows. For the year ended December 31, 2022, comprised of the impairments of operating lease right-of-use asset of $85.4, classified in Non-cash restructuring charges offset by $30.3 net cash outflow, classified in Other non-current assets and liabilities in our Consolidated Statements of Cash Flows. 2 Refunds of $53.0, $40.1 and $35.7 were received for the years ended December 31, 2024, 2023 and 2022, respectively. |

X
- Definition Supplemental Financial Information Disclosure [Abstract] + References No definition available. + Details
Name: | ipg_SupplementaryDataAbstract
Namespace Prefix: | ipg_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosures of supplemental information, including descriptions and amounts, related to the balance sheet, income statement, and/or cash flow statement. + References No definition available. + Details
Name: | us-gaap_AdditionalFinancialInformationDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/230/tableOfContent + Details
Name: | us-gaap_CashFlowSupplementalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration