2014 Q4 Form 10-Q Financial Statement

#000005164414000053 Filed on October 23, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q3
Revenue $2.207B $1.841B $1.700B
YoY Change 3.98% 8.27% 1.8%
Cost Of Revenue $1.266B $1.195B $1.094B
YoY Change 5.57% 9.29% 2.75%
Gross Profit $940.7M $645.9M $606.8M
YoY Change 1.91% 6.44% 0.12%
Gross Profit Margin 42.62% 35.08% 35.69%
Selling, General & Admin $507.5M $474.6M $465.3M
YoY Change -5.69% 2.0% -1.98%
% of Gross Profit 53.95% 73.48% 76.68%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $41.30M $41.00M $40.50M
YoY Change 4.56% 1.23% 8.29%
% of Gross Profit 4.39% 6.35% 6.67%
Operating Expenses $507.5M $1.670B $465.3M
YoY Change -5.69% 258.87% -1.98%
Operating Profit -$433.0M -$171.3M -$141.5M
YoY Change 33.48% 21.06% -207.69%
Interest Expense -$14.30M $20.70M $23.70M
YoY Change -20.56% -12.66% -25.0%
% of Operating Profit
Other Income/Expense, Net $14.40M -$13.80M $64.50M
YoY Change 39.81% -121.4% -378.02%
Pretax Income $418.6M $157.5M $77.00M
YoY Change 33.27% 104.55% -28.84%
Income Tax $87.90M $65.00M $28.40M
% Of Pretax Income 21.0% 41.27% 36.88%
Net Earnings $331.3M $89.70M $48.30M
YoY Change 56.2% 85.71% -32.54%
Net Earnings / Revenue 15.01% 4.87% 2.84%
Basic Earnings Per Share $0.75 $0.21 $0.11
Diluted Earnings Per Share $0.73 $0.21 $0.11
COMMON SHARES
Basic Shares Outstanding 418.2M shares 419.2M shares 419.7M shares
Diluted Shares Outstanding 426.4M shares 426.1M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.667B $902.0M $1.005B
YoY Change 1.52% -10.25% -22.45%
Cash & Equivalents $1.661B $896.0M $999.3M
Short-Term Investments $7.000M $6.000M $5.000M
Other Short-Term Assets $342.2M $402.0M $377.1M
YoY Change 0.62% 6.6% 16.14%
Inventory
Prepaid Expenses
Receivables $4.377B $3.871B $3.830B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $7.810B $6.901B $6.763B
YoY Change -3.39% 2.04% -3.04%
LONG-TERM ASSETS
Property, Plant & Equipment $548.2M $530.2M $490.5M
YoY Change 1.52% 8.09% 5.1%
Goodwill $3.669B $3.686B $3.609B
YoY Change 1.11% 2.14% 0.98%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $516.1M $500.3M $498.1M
YoY Change 1.59% 0.44% -6.11%
Total Long-Term Assets $4.926B $4.878B $4.769B
YoY Change 2.19% 2.27% 0.32%
TOTAL ASSETS
Total Short-Term Assets $7.810B $6.901B $6.763B
Total Long-Term Assets $4.926B $4.878B $4.769B
Total Assets $12.74B $11.78B $11.53B
YoY Change -1.3% 2.14% -1.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.558B $5.875B $5.706B
YoY Change -5.15% 2.97% -2.41%
Accrued Expenses $796.0M $638.8M $553.3M
YoY Change 10.8% 15.45% -14.88%
Deferred Revenue
YoY Change
Short-Term Debt $107.2M $128.3M $186.3M
YoY Change -40.15% -31.13% -7.08%
Long-Term Debt Due $2.100M $2.200M $2.200M
YoY Change -99.41% 0.0% -98.99%
Total Short-Term Liabilities $7.463B $6.644B $6.447B
YoY Change -8.6% 3.05% -6.75%
LONG-TERM LIABILITIES
Long-Term Debt $1.613B $1.627B $1.481B
YoY Change 42.76% 9.84% 17.25%
Other Long-Term Liabilities $723.9M $660.3M $557.2M
YoY Change 21.52% 18.5% 17.58%
Total Long-Term Liabilities $2.337B $2.287B $2.038B
YoY Change 35.43% 12.21% 17.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.463B $6.644B $6.447B
Total Long-Term Liabilities $2.337B $2.287B $2.038B
Total Liabilities $10.33B $9.407B $8.969B
YoY Change -0.74% 4.89% -1.24%
SHAREHOLDERS EQUITY
Retained Earnings $1.183B $915.2M $710.4M
YoY Change 36.88% 28.83% 57.55%
Common Stock $41.20M $53.30M $51.20M
YoY Change -22.26% 4.1% 4.92%
Preferred Stock
YoY Change
Treasury Stock (at cost) $19.00M $1.414B $1.065B
YoY Change -98.5% 32.77% 72.85%
Treasury Stock Shares 800.0K shares
Shareholders Equity $2.116B $2.083B $2.303B
YoY Change
Total Liabilities & Shareholders Equity $12.74B $11.78B $11.53B
YoY Change -1.3% 2.14% -1.68%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income $331.3M $89.70M $48.30M
YoY Change 56.2% 85.71% -32.54%
Depreciation, Depletion And Amortization $41.30M $41.00M $40.50M
YoY Change 4.56% 1.23% 8.29%
Cash From Operating Activities $1.051B $176.2M $161.0M
YoY Change 2.66% 9.44% -253.77%
INVESTING ACTIVITIES
Capital Expenditures -$54.30M $35.70M $44.80M
YoY Change -33.29% -20.31% 9.0%
Acquisitions
YoY Change
Other Investing Activities -$4.600M -$7.100M -$900.0K
YoY Change -69.33% 688.89% -99.01%
Cash From Investing Activities -$58.90M -$42.80M -$45.70M
YoY Change -38.9% -6.35% -65.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -169.1M -85.50M -729.6M
YoY Change -34.13% -88.28% 639.96%
NET CHANGE
Cash From Operating Activities 1.051B 176.2M 161.0M
Cash From Investing Activities -58.90M -42.80M -45.70M
Cash From Financing Activities -169.1M -85.50M -729.6M
Net Change In Cash 822.5M 47.90M -614.3M
YoY Change 22.72% -107.8% 83.37%
FREE CASH FLOW
Cash From Operating Activities $1.051B $176.2M $161.0M
Capital Expenditures -$54.30M $35.70M $44.80M
Free Cash Flow $1.105B $140.5M $116.2M
YoY Change 0.01% 20.91% -179.7%

Facts In Submission

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17200000 USD
CY2013Q4 us-gaap Interest Payable Current
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16000000 USD
CY2013Q4 us-gaap Inventory Work In Process
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CY2014Q3 us-gaap Inventory Work In Process
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1725600000 USD
us-gaap Investment Income Interest
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CY2013Q3 us-gaap Investment Income Interest
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CY2014Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
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us-gaap Investment Income Interest
InvestmentIncomeInterest
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CY2014Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1195200000 USD
CY2013Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1093600000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
3345900000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
3554000000 USD
CY2014Q3 us-gaap Liabilities
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CY2013Q4 us-gaap Liabilities
Liabilities
10405100000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12905000000 USD
CY2014Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
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CY2013Q4 us-gaap Liabilities Current
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8165300000 USD
CY2014Q3 us-gaap Liabilities Current
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6644300000 USD
us-gaap Line Of Credit Facility Covenant Compliance
LineOfCreditFacilityCovenantCompliance
September 30, 2014
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1000000000 USD
us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2018-12-12
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250000000 USD
CY2014Q3 us-gaap Long Term Debt
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CY2013Q4 us-gaap Long Term Debt
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CY2013Q4 us-gaap Long Term Debt Current
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353600000 USD
CY2014Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
2200000 USD
CY2013Q4 us-gaap Long Term Debt Noncurrent
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CY2014Q3 us-gaap Long Term Debt Noncurrent
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1626800000 USD
CY2014Q3 us-gaap Marketable Securities Current
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6400000 USD
CY2013Q4 us-gaap Marketable Securities Current
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5300000 USD
CY2014Q3 us-gaap Minority Interest
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32600000 USD
CY2013Q4 us-gaap Minority Interest
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35600000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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13900000 USD
us-gaap Minority Interest Change In Redemption Value
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3000000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
600000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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10400000 USD
us-gaap Minority Interest Decrease From Redemptions
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2100000 USD
us-gaap Minority Interest Decrease From Redemptions
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4500000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Income Loss
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74800000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
89700000 USD
CY2013Q3 us-gaap Net Income Loss
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48300000 USD
us-gaap Net Income Loss
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168200000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
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5900000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2000000 USD
CY2014Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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3100000 USD
CY2013Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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900000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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89700000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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66100000 USD
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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45400000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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168200000 USD
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us-gaap Nonoperating Income Expense
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us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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CY2014Q3 us-gaap Nonoperating Income Expense
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us-gaap Number Of Businesses Acquired
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6
us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
8
us-gaap Operating Income Loss
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273900000 USD
CY2013Q3 us-gaap Operating Income Loss
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141500000 USD
CY2014Q3 us-gaap Operating Income Loss
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171300000 USD
us-gaap Operating Income Loss
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355400000 USD
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CY2014Q3 us-gaap Other Accrued Liabilities Current
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96400000 USD
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340100000 USD
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CY2014Q3 us-gaap Other Assets Current
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402000000 USD
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508000000 USD
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-86100000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Before Reclassification And Tax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
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700000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
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400000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2013Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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-100000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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100000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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-500000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
300000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
300000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-200000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
0 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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-89200000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-89000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
24000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-89300000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2014Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
24000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2014Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
900000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
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900000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
25900000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2014Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
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900000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments And Tax
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600000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
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CY2013Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2014Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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0 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
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0 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
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CY2014Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-1000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
1400000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
1200000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
300000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
-400000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
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CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Transition Asset Obligation Before Tax
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CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Transition Asset Obligation Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetTransitionAssetObligationBeforeTax
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CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Transition Asset Obligation Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetTransitionAssetObligationBeforeTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Transition Asset Obligation Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetTransitionAssetObligationBeforeTax
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CY2013Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
900000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
1500000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
2900000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
3100000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
300000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
300000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
800000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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500000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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500000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
300000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
200000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
100000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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400000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
200000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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700000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
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CY2014Q3 us-gaap Other Liabilities Noncurrent
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us-gaap Other Noncash Income Expense
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us-gaap Other Noncash Income Expense
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7400000 USD
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
2900000 USD
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
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CY2014Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
1000000 USD
CY2013Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
700000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
10100000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
40000000 USD
CY2013Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
46600000 USD
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
600000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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2400000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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us-gaap Payments For Repurchase Of Common Stock
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280800000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
148100000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
94100000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
119900000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
8700000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
75600000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
75700000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
62900000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
48200000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
94400000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
91600000 USD
CY2014Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
35700000 USD
CY2013Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
44800000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
10400000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
13900000 USD
CY2013Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2900000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8700000 USD
CY2014Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
3300000 USD
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
14000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
499100000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
1000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-44400000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
13300000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
10800000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
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us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11900000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
43600000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
92800000 USD
us-gaap Profit Loss
ProfitLoss
76800000 USD
CY2013Q3 us-gaap Profit Loss
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49200000 USD
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32900000 USD
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P3Y
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28800000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Terms Of Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardTermsOfAward
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179100000 USD
CY2014Q3 us-gaap Short Term Borrowings
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200000000 USD
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us-gaap Treasury Stock Shares Acquired
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us-gaap Treasury Stock Shares Acquired
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CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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7200000 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
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5100000 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
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6200000 shares
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12800000 USD
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57000000 USD
ipg Acquisition Related Payments
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27500000 USD
ipg Acquisition Related Payments
AcquisitionRelatedPayments
12700000 USD
ipg Antidilutive Stock Options Excluded Exercise Price Greater Than Average Market Price
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0 shares
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0 shares
CY2013Q3 ipg Antidilutive Stock Options Excluded Exercise Price Greater Than Average Market Price
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0 shares
ipg Antidilutive Stock Options Excluded Exercise Price Greater Than Average Market Price
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200000 shares
ipg Cash Awardby Compensation Arrangement Maximum Award Value Per Employee
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10000000 USD
ipg Cash Awards Granted During Period Target Value
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1500000 USD
ipg Changes In Temporary Equity
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6700000 USD
ipg Changes In Temporary Equity
ChangesInTemporaryEquity
4900000 USD
ipg Exercised Capped Call Option Value Acquired Net Share Settlement
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0 USD
ipg Gain Loss On Sales Of Businesses And Investments
GainLossOnSalesOfBusinessesAndInvestments
1900000 USD
CY2014Q3 ipg Gain Loss On Sales Of Businesses And Investments
GainLossOnSalesOfBusinessesAndInvestments
100000 USD
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-800000 USD
ipg Gain Loss On Sales Of Businesses And Investments
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1200000 USD
CY2014Q3 ipg Guarantee Obligations Current Carrying Value Creditfacilities
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324800000 USD
CY2013Q4 ipg Guarantee Obligations Current Carrying Value Creditfacilities
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279600000 USD
CY2014Q3 ipg Guarantee Obligations Current Carrying Value Leases
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564000000 USD
CY2013Q4 ipg Guarantee Obligations Current Carrying Value Leases
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588100000 USD
ipg Incentive Compensation Plan Initiation Year
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2014
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IncomeBeforeMinorityInterestEarningsAndEquityInvestments
75900000 USD
CY2013Q3 ipg Income Before Minority Interest Earnings And Equity Investments
IncomeBeforeMinorityInterestEarningsAndEquityInvestments
48600000 USD
CY2014Q3 ipg Income Before Minority Interest Earnings And Equity Investments
IncomeBeforeMinorityInterestEarningsAndEquityInvestments
92500000 USD
ipg Income Before Minority Interest Earnings And Equity Investments
IncomeBeforeMinorityInterestEarningsAndEquityInvestments
173500000 USD
CY2014Q3 ipg Line Of Credit Facility Limits On Letters Of Credit
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200000000 USD
ipg Noncontrolling Interest Related To Redeemable Noncontrolling Interests
NoncontrollingInterestRelatedToRedeemableNoncontrollingInterests
-4900000 USD
ipg Noncontrolling Interest Related To Redeemable Noncontrolling Interests
NoncontrollingInterestRelatedToRedeemableNoncontrollingInterests
-6700000 USD
CY2013Q4 ipg Office And Related Expenses Current
OfficeAndRelatedExpensesCurrent
56900000 USD
CY2014Q3 ipg Office And Related Expenses Current
OfficeAndRelatedExpensesCurrent
50300000 USD
ipg One Hundred Percent Valuation Allowance
OneHundredPercentValuationAllowance
1.00
CY2014Q3 ipg Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Other Before Tax
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ipg Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Other Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansOtherBeforeTax
-900000 USD
ipg Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Other Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansOtherBeforeTax
-300000 USD
CY2013Q3 ipg Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Other Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansOtherBeforeTax
-200000 USD
ipg Payments To Acquire Businesses Gross Less Operating Expenses
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77300000 USD
ipg Payments To Acquire Businesses Gross Less Operating Expenses
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77400000 USD
ipg Paymentsto Acquire Businesses Gross Current Year Acquisitions
PaymentstoAcquireBusinessesGrossCurrentYearAcquisitions
51900000 USD
ipg Paymentsto Acquire Businesses Gross Current Year Acquisitions
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87200000 USD
ipg Paymentto Acquire Businesses Gross Prior Year Acquisitions
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28500000 USD
ipg Paymentto Acquire Businesses Gross Prior Year Acquisitions
PaymenttoAcquireBusinessesGrossPriorYearAcquisitions
13300000 USD
ipg Reclassifications From Accumulated Other Comprehensive Loss To Earnings Net Of Tax
ReclassificationsFromAccumulatedOtherComprehensiveLossToEarningsNetOfTax
5000000 USD
CY2014Q3 ipg Reclassifications From Accumulated Other Comprehensive Loss To Earnings Net Of Tax
ReclassificationsFromAccumulatedOtherComprehensiveLossToEarningsNetOfTax
1600000 USD
CY2013Q3 ipg Reclassifications From Accumulated Other Comprehensive Loss To Earnings Net Of Tax
ReclassificationsFromAccumulatedOtherComprehensiveLossToEarningsNetOfTax
2200000 USD
ipg Reclassifications From Accumulated Other Comprehensive Loss To Earnings Net Of Tax
ReclassificationsFromAccumulatedOtherComprehensiveLossToEarningsNetOfTax
5200000 USD
ipg Redeemable Noncontrolling Interest Redemption Value Adjustments Including Foreign Currency Translation
RedeemableNoncontrollingInterestRedemptionValueAdjustmentsIncludingForeignCurrencyTranslation
-4600000 USD
ipg Redeemable Noncontrolling Interest Redemption Value Adjustments Including Foreign Currency Translation
RedeemableNoncontrollingInterestRedemptionValueAdjustmentsIncludingForeignCurrencyTranslation
-3100000 USD
ipg Redeemable Noncontrolling Interests Period Increase
RedeemableNoncontrollingInterestsPeriodIncrease
12500000 USD
ipg Redeemable Noncontrolling Interests Period Increase
RedeemableNoncontrollingInterestsPeriodIncrease
22000000 USD
ipg Restricted Cash Plancashawardsgrantedduringtheperiodtargetvalue
RestrictedCashPlancashawardsgrantedduringtheperiodtargetvalue
800000 USD
ipg Share Based Compensation Arrangement By Share Based Payment Award Maximum Award Value Per Employee
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumAwardValuePerEmployee
2000000 shares
ipg Vendor Discounts And Credit Adjustments
VendorDiscountsAndCreditAdjustments
2000000 USD
CY2014Q3 ipg Vendor Discounts And Credit Adjustments
VendorDiscountsAndCreditAdjustments
300000 USD
ipg Vendor Discounts And Credit Adjustments
VendorDiscountsAndCreditAdjustments
600000 USD
CY2013Q3 ipg Vendor Discounts And Credit Adjustments
VendorDiscountsAndCreditAdjustments
100000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000051644
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
418229032 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
INTERPUBLIC GROUP OF COMPANIES, INC.

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