2020 Q4 Form 10-K Financial Statement

#000005164421000012 Filed on February 22, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2020 Q2
Revenue $2.550B $2.126B $2.026B
YoY Change -12.12% -12.82% -19.62%
Cost Of Revenue $1.977B $1.749B $1.795B
YoY Change -14.82% -15.89% -16.99%
Gross Profit $573.4M $376.8M $230.3M
YoY Change -1.34% 4.93% -35.56%
Gross Profit Margin 22.49% 17.73% 11.37%
Selling, General & Admin $22.40M $9.900M $4.100M
YoY Change -8.57% 1.02% -77.35%
% of Gross Profit 3.91% 2.63% 1.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $73.70M $71.00M $73.10M
YoY Change 12.69% 2.9% 0.14%
% of Gross Profit 12.85% 18.84% 31.74%
Operating Expenses $2.327B $1.877B $1.985B
YoY Change -3.48% -13.02% -12.0%
Operating Profit $223.4M $248.6M $40.50M
YoY Change -54.53% -11.31% -84.67%
Interest Expense -$40.00M $50.80M $49.80M
YoY Change 3.36% 2.21% -3.49%
% of Operating Profit -17.91% 20.43% 122.96%
Other Income/Expense, Net -$49.80M -$56.00M -$65.40M
YoY Change -21.57% 17.65% 37.11%
Pretax Income $173.6M $192.6M -$24.90M
YoY Change -59.42% -17.23% -111.5%
Income Tax $58.10M -$86.30M $19.00M
% Of Pretax Income 33.47% -44.81%
Net Earnings $117.0M $279.7M -$45.60M
YoY Change -65.81% 68.9% -126.9%
Net Earnings / Revenue 4.59% 13.16% -2.25%
Basic Earnings Per Share $0.29 $0.72 -$0.12
Diluted Earnings Per Share $0.28 $0.71 -$0.12
COMMON SHARES
Basic Shares Outstanding 390.0M shares 389.6M shares 389.4M shares
Diluted Shares Outstanding 393.9M shares 389.4M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.509B $1.628B $1.085B
YoY Change 110.49% 212.48% 76.71%
Cash & Equivalents $2.509B $1.628B $1.085B
Short-Term Investments
Other Short-Term Assets $390.7M $521.7M $492.0M
YoY Change -5.26% 18.51% 5.15%
Inventory
Prepaid Expenses
Receivables $4.646B $3.297B $3.147B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $9.368B $7.284B $6.214B
YoY Change 6.81% 3.32% -16.87%
LONG-TERM ASSETS
Property, Plant & Equipment $690.3M $709.8M $717.8M
YoY Change -11.28% -6.38% -6.43%
Goodwill $4.946B $4.875B $4.842B
YoY Change 1.04% 0.58% -0.85%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $424.4M $414.3M $430.8M
YoY Change -9.3% -9.36% -5.11%
Total Long-Term Assets $8.675B $8.790B $8.683B
YoY Change -3.41% -1.76% -4.08%
TOTAL ASSETS
Total Short-Term Assets $9.368B $7.284B $6.214B
Total Long-Term Assets $8.675B $8.790B $8.683B
Total Assets $18.04B $16.07B $14.90B
YoY Change 1.64% 0.48% -9.86%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.270B $5.106B $4.328B
YoY Change 0.89% -9.73% -28.13%
Accrued Expenses $832.4M $644.7M $599.3M
YoY Change 12.06% 1.64% -4.33%
Deferred Revenue $657.8M $611.3M $557.6M
YoY Change 12.33% 8.69% -4.72%
Short-Term Debt $48.00M $46.30M $51.90M
YoY Change -8.4% -81.09% -74.94%
Long-Term Debt Due $502.5M $506.6M $503.0M
YoY Change 0.1% 15251.52% 167566.67%
Total Short-Term Liabilities $9.581B $7.228B $6.367B
YoY Change 1.7% -2.3% -17.65%
LONG-TERM LIABILITIES
Long-Term Debt $2.916B $3.411B $3.412B
YoY Change 5.19% 1.31% -4.27%
Other Long-Term Liabilities $655.2M $662.6M $749.2M
YoY Change -8.33% -7.25% 4.01%
Total Long-Term Liabilities $3.571B $4.074B $4.161B
YoY Change 2.42% -0.19% -2.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.581B $7.228B $6.367B
Total Long-Term Liabilities $3.571B $4.074B $4.161B
Total Liabilities $15.01B $13.16B $12.25B
YoY Change 1.65% -1.11% -11.74%
SHAREHOLDERS EQUITY
Retained Earnings $2.637B $2.623B $2.444B
YoY Change -1.97% 6.84% 2.62%
Common Stock $39.00M $38.90M $38.90M
YoY Change 0.78% 0.52% 0.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 0.000 shares
Shareholders Equity $2.895B $2.723B $2.450B
YoY Change
Total Liabilities & Shareholders Equity $18.04B $16.07B $14.90B
YoY Change 1.64% 0.48% -9.86%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2020 Q2
OPERATING ACTIVITIES
Net Income $117.0M $279.7M -$45.60M
YoY Change -65.81% 68.9% -126.9%
Depreciation, Depletion And Amortization $73.70M $71.00M $73.10M
YoY Change 12.69% 2.9% 0.14%
Cash From Operating Activities $1.522B $689.3M -$87.10M
YoY Change 37.67% 206.9% -129.78%
INVESTING ACTIVITIES
Capital Expenditures -$55.50M $40.10M $27.30M
YoY Change -14.22% -25.33% -42.28%
Acquisitions
YoY Change
Other Investing Activities -$28.20M $900.0K -$5.200M
YoY Change -218.99% -91.74% -5300.0%
Cash From Investing Activities -$83.70M -$39.20M -$32.50M
YoY Change 104.15% -8.41% -31.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -608.5M -115.4M -366.7M
YoY Change 52.89% -54.44% 31.72%
NET CHANGE
Cash From Operating Activities 1.522B 689.3M -87.10M
Cash From Investing Activities -83.70M -39.20M -32.50M
Cash From Financing Activities -608.5M -115.4M -366.7M
Net Change In Cash 829.9M 534.7M -486.3M
YoY Change 24.5% -847.83% 1369.18%
FREE CASH FLOW
Cash From Operating Activities $1.522B $689.3M -$87.10M
Capital Expenditures -$55.50M $40.10M $27.30M
Free Cash Flow $1.578B $649.2M -$114.4M
YoY Change 34.8% 279.87% -146.66%

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CY2019 ipg Changes In Temporary Equity
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24600000 USD
CY2019 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
21600000 USD
CY2019 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-200000 USD
CY2019 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
363100000 USD
CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
89100000 USD
CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
4300000 USD
CY2019 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
22400000 USD
CY2019 us-gaap Stockholders Equity Other
StockholdersEquityOther
3400000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2825600000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2825600000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
354200000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
49100000 USD
CY2020 ipg Changes In Temporary Equity
ChangesInTemporaryEquity
23300000 USD
CY2020 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
19500000 USD
CY2020 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
46200000 USD
CY2020 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
402500000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
81200000 USD
CY2020 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
7200000 USD
CY2020 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
22400000 USD
CY2020 us-gaap Stockholders Equity Other
StockholdersEquityOther
8100000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2943900000 USD
CY2020 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-top:5pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain reclassifications and immaterial changes have been made to prior-period financial statements to conform to the current-period presentation. Segment information for the prior period has been recast to conform to the current-period presentation.</span></div>
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:5pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires us to make judgments, assumptions and estimates that affect the amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the reporting date and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates and assumptions.</span></div>
CY2020 ipg Leasehold Improvements Useful Life
LeaseholdImprovementsUsefulLife
the shorter of the useful life or the remaining lease term
CY2020 ipg Capitalized Internal Use Software Useful Life
CapitalizedInternalUseSoftwareUsefulLife
10
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1421100000 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
1544400000 USD
CY2020Q4 ipg Number Of Reporting Units For Purposes Of Annual Goodwill Impairment Test
NumberOfReportingUnitsForPurposesOfAnnualGoodwillImpairmentTest
12
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1200000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-5300000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
5600000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8064500000 USD
CY2020 us-gaap Revenues
Revenues
9061000000.0 USD
CY2019 us-gaap Revenues
Revenues
10221300000 USD
CY2018 us-gaap Revenues
Revenues
9714400000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8625100000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8031600000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
4646400000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
5209200000 USD
CY2020Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
1820700000 USD
CY2019Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
1934100000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
51800000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
63000000.0 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
657800000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
585600000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
212200000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
194700000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
654000000.0 USD
CY2020 ipg Minimum Remaining Lease Term
MinimumRemainingLeaseTerm
P1Y
CY2020 ipg Maximum Remaining Lease Term
MaximumRemainingLeaseTerm
P19Y
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
318500000 USD
CY2019 us-gaap Operating Lease Expense
OperatingLeaseExpense
325200000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
10600000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
13800000 USD
CY2020 us-gaap Sublease Income
SubleaseIncome
15800000 USD
CY2019 us-gaap Sublease Income
SubleaseIncome
12900000 USD
CY2020 us-gaap Lease Cost
LeaseCost
313300000 USD
CY2019 us-gaap Lease Cost
LeaseCost
326100000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
335700000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
334100000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
274400000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
422800000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0400
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0426
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
322900000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
302600000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
241200000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
735200000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2008800000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
299300000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1709500000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
268500000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1441000000.0 USD
CY2020Q4 ipg Operating Lease Liability Leases Not Commenced
OperatingLeaseLiabilityLeasesNotCommenced
52000000.0 USD
CY2020 ipg Minimum Lease Termfor Leases That Have Not Yet Commenced
MinimumLeaseTermforLeasesThatHaveNotYetCommenced
P1Y
CY2020 ipg Maximum Lease Termfor Leases That Have Not Yet Commenced
MaximumLeaseTermforLeasesThatHaveNotYetCommenced
P10Y
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3418300000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3273900000 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
502500000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
502000000.0 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2915800000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2771900000 USD
CY2020Q4 us-gaap Debt Instrument Fee Amount
DebtInstrumentFeeAmount
2000000.0 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
502500000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
250200000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
498900000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
498300000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0.0 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1668400000 USD
CY2020Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3418300000 USD
CY2020Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
24300000 USD
CY2019Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
21600000 USD
CY2020Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3995000000.0 USD
CY2019Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3565500000 USD
CY2020Q4 ipg Margin For Base Rate Advances
MarginForBaseRateAdvances
0.00125
CY2020Q4 ipg Margin For Eurocurrency Rate Advances
MarginForEurocurrencyRateAdvances
0.01125
CY2020 ipg Annual Rate For Fronting Fees Accrued On Letters Of Credit
AnnualRateForFrontingFeesAccruedOnLettersOfCredit
0.00250
CY2020 us-gaap Line Of Credit Facility Commitment Fee Percentage
LineOfCreditFacilityCommitmentFeePercentage
0.00125
CY2020Q4 us-gaap Debt Instrument Fee Amount
DebtInstrumentFeeAmount
2000000.0 USD
CY2020 ipg Leverage Ratio Maximum
LeverageRatioMaximum
4.25x
CY2020Q4 ipg Commercialpaperborrowingcapacity
Commercialpaperborrowingcapacity
1500000000.0 USD
CY2020 us-gaap Debt Instrument Term
DebtInstrumentTerm
P397D
CY2020Q4 us-gaap Commercial Paper
CommercialPaper
0 USD
CY2020 ipg Averageamountborrowedundercommercialpaperduringtheperiod
Averageamountborrowedundercommercialpaperduringtheperiod
105800000 USD
CY2019 ipg Averageamountborrowedundercommercialpaperduringtheperiod
Averageamountborrowedundercommercialpaperduringtheperiod
312900000 USD
CY2020 ipg Commercialpaperweightedaverageinterestrateovertime
Commercialpaperweightedaverageinterestrateovertime
0.015
CY2019 ipg Commercialpaperweightedaverageinterestrateovertime
Commercialpaperweightedaverageinterestrateovertime
0.025
CY2020 ipg Commercialpaperweightedaveragematuritydaysoutstanding
Commercialpaperweightedaveragematuritydaysoutstanding
twelve
CY2019 ipg Commercialpaperweightedaveragematuritydaysoutstanding
Commercialpaperweightedaveragematuritydaysoutstanding
thirteen days
CY2020Q4 ipg Cash Debt Pooling Arrangements Amount Netted
CashDebtPoolingArrangementsAmountNetted
2702200000 USD
CY2019Q4 ipg Cash Debt Pooling Arrangements Amount Netted
CashDebtPoolingArrangementsAmountNetted
2274900000 USD
CY2018Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
8300000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
351100000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
351100000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
656000000.0 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
656000000.0 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
618900000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
618900000 USD
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
389400000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
386100000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
383300000 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
3800000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5100000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5700000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
393200000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
391200000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
389000000.0 shares
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.90
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.70
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.61
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.68
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.59
CY2018Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
2327900000 USD
CY2018Q4 us-gaap Loans Payable
LoansPayable
500000000.0 USD
CY2018Q4 ipg Debt Issuance Face Amount
DebtIssuanceFaceAmount
2000000000.0 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13300000 USD
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
112900000 USD
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
28200000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
159700000 USD
CY2018Q4 us-gaap Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
600000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
1110800000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
995000000.0 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
8300000 USD
CY2018Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
37100000 USD
CY2018Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
46900000 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
23200000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
800000 USD
CY2018Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
2327900000 USD
CY2018 ipg Selling General And Administrative Expense Acquiree
SellingGeneralAndAdministrativeExpenseAcquiree
35000000.0 USD
CY2018 ipg Interest Expense Acquiree
InterestExpenseAcquiree
3700000 USD
CY2018 ipg Interest Income Deposits With Financial Institutions Acquiree
InterestIncomeDepositsWithFinancialInstitutionsAcquiree
400000 USD
CY2018 ipg Other Nonoperating Income Expense Acquiree
OtherNonoperatingIncomeExpenseAcquiree
10300000 USD
CY2018 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
10230400000 USD
CY2018 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
642200000 USD
CY2020 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
4
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
28000000.0 USD
CY2019 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
1
CY2019Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
7600000 USD
CY2018 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
5
CY2018Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
2131000000.0 USD
CY2020 ipg Paymentsto Acquire Businesses Gross Current Year Acquisitions
PaymentstoAcquireBusinessesGrossCurrentYearAcquisitions
8500000 USD
CY2019 ipg Paymentsto Acquire Businesses Gross Current Year Acquisitions
PaymentstoAcquireBusinessesGrossCurrentYearAcquisitions
600000 USD
CY2018 ipg Paymentsto Acquire Businesses Gross Current Year Acquisitions
PaymentstoAcquireBusinessesGrossCurrentYearAcquisitions
2323400000 USD
CY2020 ipg Paymentto Acquire Businesses Gross Prior Year Acquisitions
PaymenttoAcquireBusinessesGrossPriorYearAcquisitions
45900000 USD
CY2019 ipg Paymentto Acquire Businesses Gross Prior Year Acquisitions
PaymenttoAcquireBusinessesGrossPriorYearAcquisitions
15800000 USD
CY2018 ipg Paymentto Acquire Businesses Gross Prior Year Acquisitions
PaymenttoAcquireBusinessesGrossPriorYearAcquisitions
33900000 USD
CY2020 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
2900000 USD
CY2019 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
0 USD
CY2018 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
13800000 USD
CY2020 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
51500000 USD
CY2019 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
16400000 USD
CY2018 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
2343500000 USD
CY2020 us-gaap Business Combination Separately Recognized Transactions Expenses And Losses Recognized
BusinessCombinationSeparatelyRecognizedTransactionsExpensesAndLossesRecognized
2900000 USD
CY2019 us-gaap Business Combination Separately Recognized Transactions Expenses And Losses Recognized
BusinessCombinationSeparatelyRecognizedTransactionsExpensesAndLossesRecognized
9300000 USD
CY2018 us-gaap Business Combination Separately Recognized Transactions Expenses And Losses Recognized
BusinessCombinationSeparatelyRecognizedTransactionsExpensesAndLossesRecognized
19400000 USD
CY2020 ipg Total Cash Paymentsto Acquire Businessesincluding Operating Expenses
TotalCashPaymentstoAcquireBusinessesincludingOperatingExpenses
54400000 USD
CY2019 ipg Total Cash Paymentsto Acquire Businessesincluding Operating Expenses
TotalCashPaymentstoAcquireBusinessesincludingOperatingExpenses
25700000 USD
CY2018 ipg Total Cash Paymentsto Acquire Businessesincluding Operating Expenses
TotalCashPaymentstoAcquireBusinessesincludingOperatingExpenses
2362900000 USD
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4900000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
600000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2309800000 USD
CY2020 us-gaap Payments For Previous Acquisition
PaymentsForPreviousAcquisition
46600000 USD
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
8600000 USD
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
-300000 USD
CY2018 us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
2200000 USD
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
11200000 USD
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
11900000 USD
CY2018 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
7100000 USD
CY2019 us-gaap Payments For Previous Acquisition
PaymentsForPreviousAcquisition
15800000 USD
CY2018 us-gaap Payments For Previous Acquisition
PaymentsForPreviousAcquisition
33700000 USD
CY2019Q4 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
164700000 USD
CY2018Q4 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
167900000 USD
CY2017Q4 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
252100000 USD
CY2020 ipg Noncontrolling Interest Related To Redeemable Noncontrolling Interests
NoncontrollingInterestRelatedToRedeemableNoncontrollingInterests
5400000 USD
CY2019 ipg Noncontrolling Interest Related To Redeemable Noncontrolling Interests
NoncontrollingInterestRelatedToRedeemableNoncontrollingInterests
2800000 USD
CY2018 ipg Noncontrolling Interest Related To Redeemable Noncontrolling Interests
NoncontrollingInterestRelatedToRedeemableNoncontrollingInterests
10700000 USD
CY2020 ipg Redeemable Noncontrolling Interests Period Increase
RedeemableNoncontrollingInterestsPeriodIncrease
0.0 USD
CY2019 ipg Redeemable Noncontrolling Interests Period Increase
RedeemableNoncontrollingInterestsPeriodIncrease
24300000 USD
CY2018 ipg Redeemable Noncontrolling Interests Period Increase
RedeemableNoncontrollingInterestsPeriodIncrease
0.0 USD
CY2020 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
20600000 USD
CY2019 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
24900000 USD
CY2018 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
33700000 USD
CY2020 ipg Redeemable Noncontrolling Interests Redemption Value Adjustments
RedeemableNoncontrollingInterestsRedemptionValueAdjustments
-45600000 USD
CY2019 ipg Redeemable Noncontrolling Interests Redemption Value Adjustments
RedeemableNoncontrollingInterestsRedemptionValueAdjustments
200000 USD
CY2018 ipg Redeemable Noncontrolling Interests Redemption Value Adjustments
RedeemableNoncontrollingInterestsRedemptionValueAdjustments
-39800000 USD
CY2020Q4 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
93100000 USD
CY2019Q4 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
164700000 USD
CY2018Q4 us-gaap Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
167900000 USD
CY2019Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
40200000 USD
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
42500000 USD
CY2017Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
42700000 USD
CY2020 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Description
NewAccountingPronouncementOrChangeInAccountingPrincipleDescription
9.0
CY2020 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
50500000 USD
CY2019 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
10100000 USD
CY2018 us-gaap Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
6500000 USD
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
200000 USD
CY2020 ipg Allowance For Doubtful Accounts Foreign Currency Translation Adjustment
AllowanceForDoubtfulAccountsForeignCurrencyTranslationAdjustment
1000000.0 USD
CY2019 ipg Allowance For Doubtful Accounts Foreign Currency Translation Adjustment
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17300000 USD
CY2019 ipg Valuation Allowance Deferred Tax Asset Change In Amount Charged Reversed To Costs And Expenses
ValuationAllowanceDeferredTaxAssetChangeInAmountChargedReversedToCostsAndExpenses
-24900000 USD
CY2018 ipg Valuation Allowance Deferred Tax Asset Change In Amount Charged Reversed To Costs And Expenses
ValuationAllowanceDeferredTaxAssetChangeInAmountChargedReversedToCostsAndExpenses
-28000000.0 USD
CY2020 ipg Valuation Allowance Deferred Tax Asset Change In Amount Charged Reversed To Gross Tax Assets And Other Accounts
ValuationAllowanceDeferredTaxAssetChangeInAmountChargedReversedToGrossTaxAssetsAndOtherAccounts
9900000 USD
CY2019 ipg Valuation Allowance Deferred Tax Asset Change In Amount Charged Reversed To Gross Tax Assets And Other Accounts
ValuationAllowanceDeferredTaxAssetChangeInAmountChargedReversedToGrossTaxAssetsAndOtherAccounts
-19800000 USD
CY2018 ipg Valuation Allowance Deferred Tax Asset Change In Amount Charged Reversed To Gross Tax Assets And Other Accounts
ValuationAllowanceDeferredTaxAssetChangeInAmountChargedReversedToGrossTaxAssetsAndOtherAccounts
5100000 USD
CY2020 ipg Valuation Allowance Deferred Tax Asset Changein Amount Charged Reversedto Foreigncurrencytranslation
ValuationAllowanceDeferredTaxAssetChangeinAmountChargedReversedtoForeigncurrencytranslation
5700000 USD
CY2019 ipg Valuation Allowance Deferred Tax Asset Changein Amount Charged Reversedto Foreigncurrencytranslation
ValuationAllowanceDeferredTaxAssetChangeinAmountChargedReversedtoForeigncurrencytranslation
-2100000 USD
CY2018 ipg Valuation Allowance Deferred Tax Asset Changein Amount Charged Reversedto Foreigncurrencytranslation
ValuationAllowanceDeferredTaxAssetChangeinAmountChargedReversedtoForeigncurrencytranslation
-9100000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
197100000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
211000000.0 USD
CY2019Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
1188800000 USD
CY2020Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
1080200000 USD
CY2019Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
1199700000 USD
CY2018Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
435000000.0 USD
CY2019 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
10800000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
345300000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
335400000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
271900000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
18100000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
22700000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
65900000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
165700000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
25800000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
10800000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
6200000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
8100000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
6500000 USD
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
700000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
600000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1700000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
26800000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
21700000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
16600000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
217600000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
345300000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
335400000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
217600000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
188900000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
33400000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
39600000 USD
CY2020 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
6200000 USD
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
-2800000 USD
CY2020 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
-136200000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-941100000 USD
CY2019 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-2700000 USD
CY2019 ipg Total Reclassificationfrom Aoci
TotalReclassificationfromAOCI
13800000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-930000000.0 USD
CY2020 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
22300000 USD
CY2020 ipg Total Reclassificationfrom Aoci
TotalReclassificationfromAOCI
27500000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-880200000 USD
CY2020 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-2200000 USD
CY2019 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-1900000 USD
CY2018 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-2300000 USD
CY2020 ipg Total Reclassificationfrom Aoci
TotalReclassificationfromAOCI
27500000 USD
CY2019 ipg Total Reclassificationfrom Aoci
TotalReclassificationfromAOCI
13800000 USD
CY2018 ipg Total Reclassificationfrom Aoci
TotalReclassificationfromAOCI
22100000 USD
CY2020 us-gaap Severance Costs1
SeveranceCosts1
140400000 USD
CY2019 us-gaap Severance Costs1
SeveranceCosts1
22000000.0 USD
CY2018 us-gaap Severance Costs1
SeveranceCosts1
0.0 USD
CY2020 ipg Lease Restructuring Cost
LeaseRestructuringCost
256000000.0 USD
CY2019 ipg Lease Restructuring Cost
LeaseRestructuringCost
11900000 USD
CY2018 ipg Lease Restructuring Cost
LeaseRestructuringCost
0.0 USD
CY2020 us-gaap Other Restructuring Costs
OtherRestructuringCosts
17400000 USD
CY2019 us-gaap Other Restructuring Costs
OtherRestructuringCosts
0.0 USD
CY2018 us-gaap Other Restructuring Costs
OtherRestructuringCosts
0.0 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
413800000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
33900000 USD
CY2018 us-gaap Restructuring Charges
RestructuringCharges
0.0 USD
CY2020 us-gaap Severance Costs1
SeveranceCosts1
140400000 USD
CY2020 ipg Lease Restructuring Cost
LeaseRestructuringCost
256000000.0 USD
CY2020 us-gaap Other Restructuring Costs
OtherRestructuringCosts
17400000 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
413800000 USD
CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
74600000 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
413800000 USD
CY2020Q4 us-gaap Restructuring And Related Cost Number Of Positions Eliminated Inception To Date Percent
RestructuringAndRelatedCostNumberOfPositionsEliminatedInceptionToDatePercent
0.03
CY2020 ipg Incentive Compensation Plan Initiation Year
IncentiveCompensationPlanInitiationYear
2019
CY2020 ipg Incentive Compensation Plan Initiation Year
IncentiveCompensationPlanInitiationYear
2019
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
27000000.0 shares
CY2020 ipg Incentive Compensation Plan Initiation Year
IncentiveCompensationPlanInitiationYear
2019
CY2020 ipg Share Based Compensation Arrangement By Share Based Payment Award Maximum Award Value Per Employee
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumAwardValuePerEmployee
2000000.0 shares
CY2020 ipg Incentive Compensation Plan Initiation Year
IncentiveCompensationPlanInitiationYear
2019
CY2020 ipg A2019 Pi Ptargetawardpercentagerange
A2019PIPtargetawardpercentagerange
range from 0% to 300% of the target amount
CY2020 ipg A2019 Pi Ptargetawardpercentagerange Executives
A2019PIPtargetawardpercentagerangeExecutives
0% to 200%
CY2020 ipg Cash Awardby Compensation Arrangement Maximum Award Value Per Employee
CashAwardbyCompensationArrangementMaximumAwardValuePerEmployee
10000000.0 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
71100000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
82700000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
84600000 USD
CY2020 us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
17300000 USD
CY2019 us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
20000000.0 USD
CY2018 us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
20400000 USD
CY2020 ipg Award Vesting Period
AwardVestingPeriod
two years
CY2020 ipg Incentive Compensation Plan Initiation Year
IncentiveCompensationPlanInitiationYear
2019
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
5300000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
9100000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
27900000 USD
CY2020 ipg Proceedsfrom Stock Options Exercisedincluding Taxes Withheld
ProceedsfromStockOptionsExercisedincludingTaxesWithheld
9100000 USD
CY2019 ipg Proceedsfrom Stock Options Exercisedincluding Taxes Withheld
ProceedsfromStockOptionsExercisedincludingTaxesWithheld
8300000 USD
CY2018 ipg Proceedsfrom Stock Options Exercisedincluding Taxes Withheld
ProceedsfromStockOptionsExercisedincludingTaxesWithheld
29000000.0 USD
CY2020 ipg Tax Withheldon Stock Options Received
TaxWithheldonStockOptionsReceived
2600000 USD
CY2019 ipg Tax Withheldon Stock Options Received
TaxWithheldonStockOptionsReceived
4000000.0 USD
CY2018 ipg Tax Withheldon Stock Options Received
TaxWithheldonStockOptionsReceived
13300000 USD
CY2020 ipg A2019 Pi Ptargetawardpercentagerange
A2019PIPtargetawardpercentagerange
range from 0% to 300% of the target amount
CY2020 ipg A2019 Pi Ptargetawardpercentagerange Executives
A2019PIPtargetawardpercentagerangeExecutives
0% to 200%
CY2017 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
3000000.0 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Employee Subscription Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumEmployeeSubscriptionRate
0.10
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Maximum Number Of Shares Per Employee
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfSharesPerEmployee
900 shares
CY2020 us-gaap Employee Stock Ownership Plan Esop Plan Description
EmployeeStockOwnershipPlanESOPPlanDescription
90% of the lesser of the average market price of a share on the first business day of the offering period or the average market price of a share on the last business day of the offering period of three months
CY2020 us-gaap Employee Stock Ownership Plan Esop Shares Contributed To Esop
EmployeeStockOwnershipPlanESOPSharesContributedToESOP
10000000.0 shares
CY2020 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
1600000 shares
CY2020Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
1507400000 USD
CY2020Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
95500000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
786000000.0 USD
CY2019Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
114100000 USD
CY2020 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-18600000 USD
CY2020Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
3995000000.0 USD
CY2020Q4 us-gaap Supplemental Unemployment Benefits Salary Continuation
SupplementalUnemploymentBenefitsSalaryContinuation
0 USD
CY2020 ipg Discountratefloorcontingentacquisitionobligations
Discountratefloorcontingentacquisitionobligations
0.010 Rate
CY2020 ipg Discountrateceilingcontingentacquisitionobligations
Discountrateceilingcontingentacquisitionobligations
0.040 Rate
CY2020 ipg Discountratefloorlongtermdebt
Discountratefloorlongtermdebt
0.004 Rate
CY2020 ipg Discountrateceilinglongtermdebt
Discountrateceilinglongtermdebt
0.034 Rate
CY2020 ipg Number Of Participants Domestic Pension Plan
NumberOfParticipantsDomesticPensionPlan
3100
CY2020 ipg Number Of Participants Postretirement Benefit Plan
NumberOfParticipantsPostretirementBenefitPlan
1400
CY2019Q4 ipg Domestic Pension Plan Discount Rate
DomesticPensionPlanDiscountRate
0.0335 Rate
CY2020Q4 ipg Domestic Pension Plan Discount Rate
DomesticPensionPlanDiscountRate
0.0260 Rate
CY2019Q4 ipg Foreign Pension Plan Discount Rate
ForeignPensionPlanDiscountRate
0.0184 Rate
CY2020Q4 ipg Foreign Pension Plan Discount Rate
ForeignPensionPlanDiscountRate
0.0135 Rate
CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
562500000 USD
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
508600000 USD
CY2020Q4 us-gaap Defined Benefit Plan Plan Assets Target Allocation Percentage
DefinedBenefitPlanPlanAssetsTargetAllocationPercentage
1
CY2020Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1
CY2019Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1
CY2020Q4 us-gaap Prescription Drug Subsidy Receipts Next Twelve Months
PrescriptionDrugSubsidyReceiptsNextTwelveMonths
200000 USD
CY2020Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
188500000 USD
CY2019Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
197500000 USD
CY2020 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
11000000.0 USD
CY2019 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
19400000 USD
CY2018 us-gaap Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
10000000.0 USD
CY2020Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
180800000 USD
CY2019Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
178200000 USD
CY2020 ipg Depreciationand Amortization Excluding Acquired Intangibles
DepreciationandAmortizationExcludingAcquiredIntangibles
204700000 USD
CY2020Q4 us-gaap Supplemental Unemployment Benefits Disability Related Benefits
SupplementalUnemploymentBenefitsDisabilityRelatedBenefits
8700000 USD
CY2019Q4 us-gaap Supplemental Unemployment Benefits Disability Related Benefits
SupplementalUnemploymentBenefitsDisabilityRelatedBenefits
5500000 USD
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 numberOfPeople
CY2020 us-gaap Revenues
Revenues
9061000000.0 USD
CY2019 us-gaap Revenues
Revenues
10221300000 USD
CY2018 us-gaap Revenues
Revenues
9714400000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8064500000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8625100000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8031600000 USD
CY2020 ipg Ebita
EBITA
674300000 USD
CY2019 ipg Ebita
EBITA
1172000000.0 USD
CY2018 ipg Ebita
EBITA
1046400000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
85900000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
86000000.0 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
37600000 USD
CY2019 ipg Depreciationand Amortization Excluding Acquired Intangibles
DepreciationandAmortizationExcludingAcquiredIntangibles
192500000 USD
CY2018 ipg Depreciationand Amortization Excluding Acquired Intangibles
DepreciationandAmortizationExcludingAcquiredIntangibles
165300000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
167500000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
198500000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
177100000 USD
CY2020Q4 us-gaap Assets
Assets
18042700000 USD
CY2020Q4 us-gaap Assets
Assets
18042700000 USD
CY2019Q4 us-gaap Assets
Assets
17751900000 USD
CY2019Q4 us-gaap Assets
Assets
17751900000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
85900000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
86000000.0 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
37600000 USD
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
588400000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
1086000000.0 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
1008800000 USD
CY2020 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-227100000 USD
CY2019 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-207700000 USD
CY2019 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-207700000 USD
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-170800000 USD
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-170800000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
361300000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
878300000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
838000000.0 USD
CY2020Q4 us-gaap Noncurrent Assets
NoncurrentAssets
2494000000.0 USD
CY2019Q4 us-gaap Noncurrent Assets
NoncurrentAssets
2843800000 USD
CY2020Q4 ipg Guarantee Obligations Current Carrying Value Leases
GuaranteeObligationsCurrentCarryingValueLeases
630800000 USD
CY2019Q4 ipg Guarantee Obligations Current Carrying Value Leases
GuaranteeObligationsCurrentCarryingValueLeases
739100000 USD
CY2020Q4 ipg Guarantee Obligations Current Carrying Value Creditfacilities
GuaranteeObligationsCurrentCarryingValueCreditfacilities
399600000 USD
CY2019Q4 ipg Guarantee Obligations Current Carrying Value Creditfacilities
GuaranteeObligationsCurrentCarryingValueCreditfacilities
293800000 USD
CY2020Q4 ipg Cashpoolingguarantees
Cashpoolingguarantees
109200000 USD
CY2019Q4 ipg Cashpoolingguarantees
Cashpoolingguarantees
207700000 USD
CY2020Q4 ipg Assets Pledged As Security For Parent Company Guarantees
AssetsPledgedAsSecurityForParentCompanyGuarantees
0 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1972100000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2004800000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1853400000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2125900000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1954600000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2061400000 USD
CY2020Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2284400000 USD
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2433000000.0 USD
CY2020Q1 us-gaap Recovery Of Direct Costs
RecoveryOfDirectCosts
387700000 USD
CY2019Q1 us-gaap Recovery Of Direct Costs
RecoveryOfDirectCosts
356400000 USD
CY2020Q2 us-gaap Recovery Of Direct Costs
RecoveryOfDirectCosts
172300000 USD
CY2019Q2 us-gaap Recovery Of Direct Costs
RecoveryOfDirectCosts
394300000 USD
CY2020Q3 us-gaap Recovery Of Direct Costs
RecoveryOfDirectCosts
170900000 USD
CY2019Q3 us-gaap Recovery Of Direct Costs
RecoveryOfDirectCosts
376700000 USD
CY2020Q4 us-gaap Recovery Of Direct Costs
RecoveryOfDirectCosts
265600000 USD
CY2019Q4 us-gaap Recovery Of Direct Costs
RecoveryOfDirectCosts
468800000 USD
CY2020Q1 us-gaap Revenues
Revenues
2359800000 USD
CY2019Q1 us-gaap Revenues
Revenues
2361200000 USD
CY2020Q2 us-gaap Revenues
Revenues
2025700000 USD
CY2019Q2 us-gaap Revenues
Revenues
2520200000 USD
CY2020Q3 us-gaap Revenues
Revenues
2125500000 USD
CY2019Q3 us-gaap Revenues
Revenues
2438100000 USD
CY2020Q4 us-gaap Revenues
Revenues
2550000000.0 USD
CY2019Q4 us-gaap Revenues
Revenues
2901800000 USD
CY2020Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
22400000 USD
CY2020Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1422800000 USD
CY2019Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1421100000 USD
CY2020Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1306100000 USD
CY2019Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1381200000 USD
CY2020Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1269900000 USD
CY2019Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1334400000 USD
CY2020Q4 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1346200000 USD
CY2019Q4 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1432100000 USD
CY2020Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
378200000 USD
CY2019Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
389200000 USD
CY2020Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
317000000.0 USD
CY2019Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
387300000 USD
CY2020Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
307900000 USD
CY2019Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
367900000 USD
CY2020Q4 us-gaap General And Administrative Expense
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