INTERPUBLIC GROUP OF COMPANIES, INC. IPG Balance Sheet

Interpublic group of companies, inc. (IPG)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
ASSETS:
Cash and cash equivalents
1,554	1,192	520	614	630	673	1,860	493	597	790	704	657	775	1,097	891	672	673	1,502	874	848	734	1,660	896	895	771	1,636	999	1,613	1,645	2,574	1,187	1,502	1,573	2,302	1,785	1,809	1,840	2,675	1,927	1,929	2,495
Marketable securities
-	-	-	-	-	-	-	-	-	-	-	3	3	-	3	2	6	6	6	6	6	6	6	6	5	5	5	4	5	16	14	12	13	12	13	14	14	13	11	12	10
Restricted marketable securities (See Note 6)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	94	136	-	-	-	-	-	-	-	-	-
Accounts receivable, net of allowance of $67.0 and $40.2, respectively
3,661	5,209	4,047	4,389	4,027	5,126	4,009	4,247	3,942	4,585	3,696	3,762	3,641	4,389	3,714	3,945	3,718	4,361	3,848	3,976	3,781	4,376	3,870	4,272	4,013	4,565	3,830	4,047	3,885	4,496	3,839	3,741	3,732	4,425	3,654	4,160	3,995	4,317	3,805	3,724	3,756
Accounts receivable, billable to clients
1,914	1,934	2,018	1,977	2,077	1,900	1,995	1,945	1,981	1,747	1,742	1,720	1,742	1,518	1,843	1,710	1,774	1,594	1,590	1,452	1,497	1,424	1,725	1,798	1,692	1,536	1,551	1,545	1,511	1,318	1,513	1,504	1,447	1,247	1,525	1,348	1,357	1,217	1,329	1,231	1,100
Assets held for sale
17	22	22	26	19	5	5	19	12	5	8	19	108	203	-	-	-	12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current assets
449	412	440	467	491	476	459	439	430	346	312	323	318	229	280	294	312	215	349	352	367	342	402	429	399	340	377	391	400	332	324	341	346	364	250	260	266	229	242	282	275
Total current assets
7,596	8,770	7,050	7,475	7,247	8,182	8,330	7,145	6,963	7,475	6,463	6,486	6,589	7,438	6,733	6,625	6,486	7,693	6,668	6,637	6,387	7,810	6,900	7,401	6,881	8,084	6,762	7,604	7,448	8,738	6,974	7,237	7,112	8,352	7,229	7,593	7,474	8,453	7,315	7,180	7,637
Property and equipment, net of accumulated depreciation and amortization of $1,136.1 and $1,116.4, respectively
752	778	758	767	767	790	602	602	634	650	637	635	616	622	581	569	565	567	519	526	523	548	530	537	534	540	490	475	485	504	466	447	451	459	441	450	445	454	441	440	490
Deferred Income Tax Assets, Net
270	252	279	297	285	247	270	261	273	234	270	260	243	220	298	274	277	228	203	204	193	192	160	171	162	144	171	178	182	160	182	203	254	181	309	373	398	334	396	377	398
Goodwill
4,826	4,894	4,847	4,884	4,885	4,875	3,784	3,788	3,839	3,820	3,799	3,753	3,703	3,674	3,715	3,662	3,681	3,608	3,591	3,626	3,595	3,669	3,686	3,714	3,663	3,629	3,609	3,580	3,588	3,580	3,574	3,461	3,463	3,444	3,405	3,427	3,407	3,368	3,350	3,278	3,321
Other intangible assets
990	1,014	1,032	1,052	1,074	1,094	-	-	-	140	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease right-of-use asset
1,525	1,574	1,573	1,596	1,355	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-current assets
466	467	457	454	435	428	524	560	529	383	544	542	545	530	510	502	506	487	490	505	501	516	500	515	517	508	498	497	513	509	530	502	484	471	440	457	451	460	446	427	416
TOTAL ASSETS
16,428	17,751	15,997	16,526	16,050	15,620	13,513	12,357	12,240	12,704	11,716	11,678	11,697	12,485	11,839	11,633	11,516	12,585	11,474	11,499	11,200	12,736	11,778	12,339	11,759	12,905	11,532	12,336	12,218	13,493	11,728	11,851	11,765	12,908	11,825	12,301	12,177	13,070	11,950	11,704	12,263
LIABILITIES:
Accounts payable
5,559	7,205	5,656	6,022	5,733	6,698	5,515	5,738	5,467	6,420	5,561	5,872	5,672	6,303	6,025	5,857	5,785	6,689	5,753	5,669	5,468	6,558	5,875	6,414	6,048	6,914	5,705	5,891	5,650	6,584	5,846	6,026	5,929	6,647	5,934	4,064	4,010	6,806	3,967	4,004	3,828
Accrued liabilities
539	742	634	626	663	806	571	551	528	674	550	513	572	794	631	588	620	748	688	603	618	796	638	594	587	718	553	548	596	728	650	593	676	830	624	2,849	2,733	780	2,549	2,445	2,768
Contract with Customer, Liability, Current
571	585	562	585	575	533	514	510	507	484	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term borrowings
310	52	244	207	272	73	82	757	799	84	511	237	310	85	133	211	131	132	128	158	135	107	128	126	171	179	186	186	159	172	200	177	161	153	149	150	116	114	124	91	93
Long-term Debt, Current Maturities
502	502	3	0	0	0	0	0	2	2	301	301	324	323	24	24	2	1	2	2	2	2	2	2	353	353	2	594	1	216	217	217	219	404	408	448	452	38	231	194	215
Operating Lease, Liability, Current
257	267	261	261	263	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities held for sale
55	65	36	29	22	11	8	26	18	8	20	21	111	198	-	-	-	11	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total current liabilities
7,795	9,420	7,398	7,731	7,531	8,123	6,691	7,585	7,322	7,675	6,946	6,946	6,990	7,706	6,815	6,682	6,539	7,584	6,572	6,433	6,224	7,463	6,644	7,138	7,160	8,165	6,447	7,220	6,408	7,701	6,914	7,015	6,987	8,035	7,116	7,512	7,312	7,740	6,873	6,735	6,905
Long-term Debt, Excluding Current Maturities
3,410	2,771	3,367	3,563	3,663	3,660	3,261	1,282	1,288	1,285	1,285	1,283	1,281	1,280	1,583	1,583	1,609	1,610	1,621	1,622	1,620	1,612	1,626	1,629	1,130	1,129	1,481	1,478	2,071	2,060	1,263	1,238	1,239	1,210	1,166	1,167	1,165	1,583	1,588	1,628	1,638
Non-current operating leases
1,386	1,429	1,434	1,463	1,223	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred compensation
372	425	394	401	401	422	438	445	457	476	457	461	459	480	485	408	414	464	462	480	473	527	475	486	484	514	483	471	465	489	430	420	420	440	447	451	477	486	498	477	503
Other non-current liabilities
732	714	714	720	713	812	791	786	785	768	749	731	728	708	733	685	733	672	699	719	694	723	660	616	563	595	557	558	555	558	473	502	467	481	424	402	402	402	389	386	402
TOTAL LIABILITIES
13,698	14,761	13,309	13,880	13,533	13,019	11,183	10,100	9,852	10,206	9,437	9,422	9,460	10,175	9,617	9,359	9,296	10,331	9,356	9,256	9,012	10,328	9,407	9,871	9,338	10,405	8,968	9,729	9,500	10,810	9,081	9,176	9,114	10,168	9,154	9,534	9,358	10,212	9,349	9,227	9,449
Commitments and contingencies (see Note 14)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Redeemable noncontrolling interests
154	164	185	188	161	167	159	165	246	252	238	243	241	252	246	246	246	251	226	230	242	257	255	246	249	249	229	231	235	227	220	222	223	243	257	272	285	291	269	269	277
STOCKHOLDERS' EQUITY:
Preferred stock, no par value, shares authorized: 20.0 Series B shares issued and outstanding: 2013 0.0; 2012 0.2
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	221	221	221	221	221	221	221	221	221	221	221	221	221	221	525
Common stock
38	38	38	38	38	38	39	39	39	38	39	39	39	39	40	40	40	40	41	41	41	41	53	53	53	53	51	51	50	48	48	48	48	48	48	48	47	47	47	47	47
Additional paid-in capital
981	977	941	921	903	895	1,041	1,022	963	955	1,235	1,220	1,199	1,199	1,481	1,460	1,434	1,404	1,613	1,597	1,580	1,547	3,024	3,017	3,002	2,975	2,754	2,735	2,705	2,465	2,448	2,446	2,437	2,427	2,397	2,398	2,436	2,456	2,464	2,462	2,441
Retained earnings
2,591	2,689	2,455	2,381	2,303	2,400	2,158	2,076	2,010	2,104	1,849	1,774	1,751	1,804	1,546	1,475	1,379	1,437	1,226	1,201	1,126	1,183	915	865	805	864	710	696	648	738	450	408	335	405	176	-4	-108	-63	-261	-306	-324
Accumulated Other Comprehensive Income (Loss), Net of Tax
-1,078	-930	-966	-917	-929	-941	-925	-903	-790	-827	-832	-874	-909	-962	-862	-797	-787	-845	-826	-735	-764	-636	-495	-383	-410	-411	-369	-395	-325	-288	-157	-168	-181	-225	-181	-46	-73	-119	-161	-240	-176
Stockholders Equity Subtotal Before Treasury Stock
-	-	-	-	-	-	2,314	2,235	2,222	2,270	2,292	2,160	2,081	2,080	2,205	2,179	2,066	2,036	2,055	2,104	1,982	2,135	3,497	3,552	3,450	3,481	3,367	3,309	3,301	3,186	3,012	2,957	2,861	2,876	2,661	2,616	2,522	2,543	2,310	2,183	2,511
Less: Treasury stock, at cost: 2017 – 3.0 shares; 2016 – 2.7 shares
-	-	-	-	-	-	176	173	113	59	279	178	118	63	264	183	124	71	191	121	70	19	1,414	1,363	1,311	1,266	1,065	965	852	765	616	533	467	414	283	153	24	14	14	14	14
Total IPG stockholders' equity
2,532	2,775	2,469	2,423	2,315	2,393	2,137	2,061	2,108	2,211	2,013	1,982	1,963	2,017	1,941	1,995	1,941	1,965	1,863	1,983	1,912	2,116	2,083	2,189	2,138	2,215	2,302	2,344	2,449	2,420	2,395	2,424	2,393	2,461	2,378	2,463	2,497	2,529	2,296	2,169	2,497
Noncontrolling interests
42	49	34	34	39	39	32	29	31	34	26	29	33	39	34	32	32	36	27	29	32	34	32	32	32	35	30	32	33	36	30	28	34	35	34	31	34	37	35	38	38
TOTAL STOCKHOLDERS' EQUITY
2,575	2,825	2,503	2,458	2,354	2,432	2,170	2,091	2,140	2,246	2,040	2,012	1,996	2,056	1,975	2,028	1,973	2,001	1,891	2,013	1,944	2,151	2,115	2,221	2,171	2,250	2,333	2,376	2,482	2,456	2,426	2,452	2,428	2,497	2,413	2,495	2,532	2,566	2,331	2,207	2,536
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
16,428	17,751	15,997	16,526	16,050	15,620	13,513	12,357	12,240	12,704	11,716	11,678	11,697	12,485	11,839	11,633	11,516	12,585	11,474	11,499	11,200	12,736	11,778	12,339	11,759	12,905	11,532	12,336	12,218	13,493	11,728	11,851	11,765	12,908	11,825	12,301	12,177	13,070	11,950	11,704	12,263
Parentheticals:
Allowance for doubtful accounts receivable
-	-	38	43	40	-	46	44	43	-	45	56	61	-	59	53	52	-	61	59	57	-	64	66	67	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated depreciation, property and equipment
-	-	1,097	1,103	1,061	-	1,026	1,014	1,057	-	1,045	1,020	989	-	989	966	969	-	987	1,069	1,057	-	1,086	1,112	1,103	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-