Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
ASSETS:
Cash and cash equivalents	$ 1,545.5	$ 2,386.1
Accounts receivable, net of allowance of $43.8 and $46.4, respectively	4,505.9	5,768.8
Accounts receivable, billable to clients	2,163.9	2,229.2
Prepaid Expense, Current	527.3	415.8
Assets held for sale	8.3	21.9
Other current assets	74.7	128.6
Total current assets	8,825.6	10,950.4
Property and equipment, net of accumulated depreciation and amortization of $1,278.9 and $1,224.9, respectively	608.5	636.7
Deferred Income Tax Assets, Net	253.4	265.0
Goodwill	5,059.1	5,080.9
Other intangible assets	701.5	743.6
Operating lease right-of-use asset	1,104.6	1,162.6
Other non-current assets	459.1	428.1
TOTAL ASSETS	17,011.8	19,267.3
LIABILITIES:
Accounts payable	6,909.3	8,355.0
Accrued liabilities	488.1	705.8
Contract liabilities	609.4	684.7
Short-term borrowings	20.5	34.2
Current portion of long-term debt	0.1	250.1
Current portion of operating leases	246.6	252.6
Liabilities held for sale	13.3	48.5
Total current liabilities	8,287.3	10,330.9
Long-term debt	2,918.8	2,917.5
Non-current operating leases	1,145.6	1,216.8
Deferred compensation	194.2	223.6
Other non-current liabilities	528.1	532.4
TOTAL LIABILITIES	13,074.0	15,221.2
Redeemable noncontrolling interests	42.8	42.3
STOCKHOLDERS' EQUITY:
Common stock	38.3	38.3
Additional paid-in capital	759.8	728.5
Retained earnings	4,325.1	4,254.5
Accumulated other comprehensive loss, net of tax	(1,024.0)	(946.2)
Stockholders' Equity before Treasury Stock	4,099.2	4,075.1
Treasury Stock, Value	263.6	132.5
Total IPG stockholders' equity	3,835.6	3,942.6
Noncontrolling interests	59.4	61.2
TOTAL STOCKHOLDERS' EQUITY	3,895.0	4,003.8
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	17,011.8	19,267.3
Parentheticals:
Allowance for doubtful accounts receivable	43.8	46.4
Accumulated depreciation, property and equipment	$ 1,278.9	$ 1,224.9

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business, classified as current.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481990/310-10-45-2