Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2022

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 June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Net income available to IPG common stockholders	$	229.6	$	263.3	$	389.0	$	355.0
Weighted-average number of common shares outstanding - basic	393.1		393.3		393.8		392.4
Dilutive effect of stock options and restricted shares	3.7		5.7		3.7		5.2
Weighted-average number of common shares outstanding - diluted	396.8		399.0		397.5		397.6
Earnings per share available to IPG common stockholders:
Basic	$	0.58	$	0.67	$	0.99	$	0.90
Diluted	$	0.58	$	0.66	$	0.98	$	0.89