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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 1,896,188 $ 971,781
Restricted cash 143,059 121,964
Receivables, less allowance for doubtful accounts of $95,533 and $72,725 at December 31, 2020 and 2019, respectively 4,394,954 4,466,674
Warehouse receivables 1,411,170 993,058
Contract assets 318,191 328,012
Prepaid expenses 294,992 282,741
Income taxes receivable 93,756 93,915
Other current assets 293,321 276,319
Total Current Assets 8,845,631 7,534,464
Property and equipment, net 815,009 836,206
Goodwill 3,821,609 3,753,493
Other intangible assets, net of accumulated amortization of $1,556,537 and $1,358,528 at December 31, 2020 and 2019, respectively 1,367,913 1,379,546
Operating lease assets 1,020,352 997,966
Investments in unconsolidated subsidiaries (with $116,314 and $124,262 at fair value at December 31, 2020 and 2019, respectively) 452,365 426,711
Non-current contract assets 153,636 201,760
Real estate under development 277,630 185,508
Non-current income taxes receivable 43,555 139,136
Deferred tax assets, net 91,529 73,864
Investments held in trust - special purpose acquisition company 402,501 0
Other assets, net 747,413 668,542
Total Assets 18,039,143 16,197,196
Current Liabilities:    
Accounts payable and accrued expenses 2,692,939 2,436,084
Compensation and employee benefits payable 1,287,383 1,324,990
Accrued bonus and profit sharing 1,183,786 1,261,974
Operating lease liabilities 208,526 168,663
Contract liabilities 162,045 108,671
Income taxes payable 57,892 30,207
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase) 1,383,964 977,175
Other short-term borrowings 5,330 4,534
Current maturities of long-term debt 1,514 1,814
Other current liabilities 160,604 122,339
Total Current Liabilities 7,143,983 6,436,451
Long-term debt, net of current maturities 1,380,202 1,761,245
Non-current operating lease liabilities 1,116,795 1,057,758
Non-current income taxes payable 54,761 93,647
Non-current tax liabilities 87,954 85,966
Deferred tax liabilities, net 124,485 34,593
Other liabilities 625,303 454,424
Total Liabilities 10,533,483 9,924,084
Commitments and contingencies 0 0
Non-controlling interest subject to possible redemption - special purpose acquisition company 385,573 0
CBRE Group, Inc. Stockholders’ Equity:    
Class A common stock; $0.01 par value; 525,000,000 shares authorized; 335,561,345 and 334,752,283 shares issued and outstanding at December 31, 2020 and 2019, respectively 3,356 3,348
Additional paid-in capital 1,074,639 1,115,944
Accumulated earnings 6,530,057 5,793,149
Accumulated other comprehensive loss (529,726) (679,748)
Total CBRE Group, Inc. Stockholders’ Equity 7,078,326 6,232,693
Non-controlling interests 41,761 40,419
Total Equity 7,120,087 6,273,112
Total Liabilities and Equity $ 18,039,143 $ 16,197,196