Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2024	Dec. 31, 2023
ASSETS:
Cash and cash equivalents	$ 1,532.0	$ 2,386.1
Accounts receivable, net of allowance of $46.0 and $46.4, respectively	4,718.8	5,768.8
Accounts receivable, billable to clients	2,211.9	2,229.2
Prepaid Expense, Current	474.0	415.8
Assets held for sale	223.4	21.9
Other current assets	97.6	128.6
Total current assets	9,257.7	10,950.4
Property and equipment, net of accumulated depreciation and amortization of $1,278.6 and $1,224.9, respectively	597.0	636.7
Deferred Income Tax Assets, Net	267.5	265.0
Goodwill	4,738.7	5,080.9
Other intangible assets	682.5	743.6
Operating lease right-of-use asset	1,062.1	1,162.6
Other non-current assets	477.7	428.1
TOTAL ASSETS	17,083.2	19,267.3
LIABILITIES:
Accounts payable	7,061.6	8,355.0
Accrued liabilities	503.6	705.8
Contract liabilities	574.2	684.7
Short-term borrowings	23.9	34.2
Current portion of long-term debt	0.1	250.1
Current portion of operating leases	242.1	252.6
Liabilities held for sale	60.1	48.5
Total current liabilities	8,465.6	10,330.9
Long-term debt	2,919.7	2,917.5
Non-current operating leases	1,096.7	1,216.8
Deferred compensation	198.9	223.6
Other non-current liabilities	572.0	532.4
TOTAL LIABILITIES	13,252.9	15,221.2
Redeemable noncontrolling interests	45.6	42.3
STOCKHOLDERS' EQUITY:
Common stock	38.4	38.3
Additional paid-in capital	778.4	728.5
Retained earnings	4,219.6	4,254.5
Accumulated other comprehensive loss, net of tax	(946.1)	(946.2)
Stockholders' Equity before Treasury Stock	4,090.3	4,075.1
Treasury Stock, Value	364.5	132.5
Total IPG stockholders' equity	3,725.8	3,942.6
Noncontrolling interests	58.9	61.2
TOTAL STOCKHOLDERS' EQUITY	3,784.7	4,003.8
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	17,083.2	19,267.3
Parentheticals:
Allowance for doubtful accounts receivable	46.0	46.4
Accumulated depreciation, property and equipment	$ 1,278.6	$ 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