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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
ASSETS:    
Cash and cash equivalents $ 2,015.3 $ 2,509.0
Accounts receivable, net of allowance of $92.6 and $98.3, respectively 3,440.3 4,646.4
Accounts receivable, billable to clients 1,842.7 1,820.7
Assets held for sale 4.5 0.8
Other current assets 467.4 390.7
Total current assets 7,770.2 9,367.6
Property and equipment, net of accumulated depreciation and amortization of $1,162.7 and $1,133.9, respectively 667.0 690.3
Deferred Income Tax Assets, Net 295.6 302.0
Goodwill 4,934.3 4,945.5
Other intangible assets 913.6 933.6
Operating lease right-of-use asset 1,361.2 1,379.3
Other non-current assets 407.8 424.4
TOTAL ASSETS 16,349.7 18,042.7
LIABILITIES:    
Accounts payable 5,862.0 7,269.7
Accrued liabilities 608.9 832.4
Contract liabilities 689.1 657.8
Short-term borrowings 43.1 48.0
Current portion of long-term debt 502.8 502.5
Current portion of operating leases 268.8 268.5
Liabilities held for sale 9.8 1.6
Total current liabilities 7,984.5 9,580.5
Long-term debt 2,906.9 2,915.8
Non-current operating leases 1,414.2 1,441.0
Deferred compensation 377.0 413.2
Other non-current liabilities 660.3 655.2
TOTAL LIABILITIES 13,342.9 15,005.7
Redeemable noncontrolling interests 85.2 93.1
STOCKHOLDERS' EQUITY:    
Common stock 39.3 39.0
Additional paid-in capital 1,107.9 1,099.3
Retained earnings 2,623.1 2,636.9
Accumulated other comprehensive loss, net of tax (896.3) (880.2)
Total IPG stockholders' equity 2,874.0 2,895.0
Noncontrolling interests 47.6 48.9
TOTAL STOCKHOLDERS' EQUITY 2,921.6 2,943.9
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 16,349.7 18,042.7
Parentheticals:    
Allowance for doubtful accounts receivable 92.6 98.3
Accumulated depreciation, property and equipment $ 1,162.7 $ 1,133.9