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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash and cash equivalents $ 971,781 $ 777,219
Restricted cash 121,964 86,725
Receivables, less allowance for doubtful accounts of $72,725 and $60,348 at December 31, 2019 and 2018, respectively 4,466,674 3,668,591
Warehouse receivables 993,058 1,342,468
Contract assets 328,012 307,020
Prepaid expenses 282,741 254,892
Income taxes receivable 93,915 71,684
Other current assets 276,319 245,611
Total Current Assets 7,534,464 6,754,210
Property and equipment, net 836,206 721,692
Goodwill 3,753,493 3,652,309
Other intangible assets, net of accumulated amortization of $1,358,528 and $1,180,393 at December 31, 2019 and 2018, respectively 1,379,546 1,441,308
Operating lease assets 997,966  
Investments in unconsolidated subsidiaries 426,711 216,174
Non-current contract assets 201,760 74,762
Real estate under development 185,508 4,586
Non-current income taxes receivable 139,136  
Deferred tax assets, net 73,864 51,703
Other assets, net 668,542 540,049
Total Assets 16,197,196 13,456,793
Current Liabilities:    
Accounts payable and accrued expenses 2,436,084 1,919,827
Compensation and employee benefits payable 1,324,990 1,121,179
Accrued bonus and profit sharing 1,261,974 1,189,395
Operating lease liabilities 168,663  
Contract liabilities 108,671 82,227
Income taxes payable 30,207 68,100
Short-term borrowings:    
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase) 977,175 1,328,761
Other 4,534  
Total short-term borrowings 981,709 1,328,761
Current maturities of long-term debt 1,814 3,146
Other current liabilities 122,339 90,745
Total Current Liabilities 6,436,451 5,803,380
Long-term debt, net of current maturities 1,761,245 1,767,260
Non-current operating lease liabilities 1,057,758  
Non-current income taxes payable 93,647  
Non-current tax liabilities 85,966 172,626
Deferred tax liabilities, net 34,593 107,425
Other liabilities 454,424 596,200
Total Liabilities 9,924,084 8,446,891
Commitments and contingencies
CBRE Group, Inc. Stockholders’ Equity:    
Class A common stock; $0.01 par value; 525,000,000 shares authorized; 334,752,283 and 336,912,783 shares issued and outstanding at December 31, 2019 and 2018, respectively 3,348 3,369
Additional paid-in capital 1,115,944 1,149,013
Accumulated earnings 5,793,149 4,504,684
Accumulated other comprehensive loss (679,748) (718,269)
Total CBRE Group, Inc. Stockholders’ Equity 6,232,693 4,938,797
Non-controlling interests 40,419 71,105
Total Equity 6,273,112 5,009,902
Total Liabilities and Equity $ 16,197,196 $ 13,456,793