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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 2,767,820 $ 1,896,188
Restricted cash 108,302 143,059
Receivables, less allowance for doubtful accounts of $100,889 and $95,533 at September 30, 2021 and December 31, 2020, respectively 4,445,790 4,394,954
Warehouse receivables 1,409,038 1,411,170
Prepaid expenses 354,682 294,992
Contract assets 331,910 318,191
Income taxes receivable 182,338 93,756
Other current assets 475,548 293,321
Total Current Assets 10,075,428 8,845,631
Property and equipment, net of accumulated depreciation and amortization of $1,231,920 and $1,074,887 at September 30, 2021 and December 31, 2020, respectively 722,646 815,009
Goodwill 3,874,743 3,821,609
Other intangible assets, net of accumulated amortization of $1,696,577 and $1,556,537 at September 30, 2021 and December 31, 2020, respectively 1,345,646 1,367,913
Operating lease assets 973,335 1,020,352
Investments in unconsolidated subsidiaries (with $397,704 and $116,314 at fair value at September 30, 2021 and December 31, 2020, respectively) 845,621 452,365
Non-current contract assets 144,563 153,636
Real estate under development 396,285 277,630
Non-current income taxes receivable 27,415 43,555
Deferred tax assets, net 83,263 91,529
Investments held in trust - special purpose acquisition company 402,519 402,501
Other assets, net 838,896 747,413
Total Assets 19,730,360 18,039,143
Current Liabilities:    
Accounts payable and accrued expenses 2,604,640 2,692,939
Compensation and employee benefits payable 1,466,004 1,287,383
Accrued bonus and profit sharing 1,182,150 1,183,786
Operating lease liabilities 228,421 208,526
Contract liabilities 195,145 162,045
Income taxes payable 174,522 57,892
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase) 1,383,772 1,383,964
Other short-term borrowings 5,311 5,330
Current maturities of long-term debt 0 1,514
Other current liabilities 195,589 160,604
Total Current Liabilities 7,435,554 7,143,983
Long-term debt, net of current maturities 1,843,849 1,380,202
Non-current operating lease liabilities 1,028,931 1,116,795
Non-current tax liabilities 122,603 87,954
Non-current income taxes payable 54,761 54,761
Deferred tax liabilities, net 156,197 124,485
Other liabilities 687,786 625,303
Total Liabilities 11,329,681 10,533,483
Commitments and contingencies 0 0
Non-controlling interest subject to possible redemption - special purpose acquisition company 402,519 385,573
CBRE Group, Inc. Stockholders’ Equity:    
Class A common stock; $0.01 par value; 525,000,000 shares authorized; 334,642,584 and 335,561,345 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively 3,346 3,356
Additional paid-in capital 938,784 1,074,639
Accumulated earnings 7,674,639 6,530,057
Accumulated other comprehensive loss (654,176) (529,726)
Total CBRE Group, Inc. Stockholders’ Equity 7,962,593 7,078,326
Non-controlling interests 35,567 41,761
Total Equity 7,998,160 7,120,087
Total Liabilities and Equity $ 19,730,360 $ 18,039,143