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Incentive Compensation Plans (Notes)
9 Months Ended
Sep. 30, 2011
Employee Service Share-based Compensation, Aggregate Disclosures [Abstract] 
Incentive Compensation Plans
Incentive Compensation Plans
We issue stock-based compensation and cash awards to our employees under a plan established by the Compensation and Leadership Talent Committee of the Board of Directors (the “Compensation Committee”) and approved by our shareholders.
We issued the following stock-based awards under the 2009 Performance Incentive Plan (the “2009 PIP”) during the nine months ended September 30, 2011.
 
Awards
 
Weighted-average
grant-date fair value
(per award)
Stock options
0.8

 
$
4.63

Stock-settled awards
0.8

 
$
12.13

Performance-based awards
1.8

 
$
11.42

Total stock-based compensation awards
3.4

 
 

During the nine months ended September 30, 2011, the Compensation Committee granted performance cash awards under the 2009 PIP with a total target value of $71.1. Of this amount, awards with a total target value of $31.8 will be settled in shares upon vesting. The number of shares to be settled on the vesting date will be calculated as the cash value adjusted for performance divided by our stock price on the vesting date. Additionally, during the nine months ended September 30, 2011, the Compensation Committee granted cash awards under the Interpublic Restricted Cash Plan with a total target value of $3.2. Cash awards will be amortized over the vesting period, typically three years.