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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 1,657,336 $ 2,430,951
Restricted cash 135,293 108,830
Receivables, less allowance for doubtful accounts of $93,667 and $97,588 at March 31, 2022 and December 31, 2021, respectively 5,073,224 5,150,473
Warehouse receivables 1,194,800 1,303,717
Prepaid expenses 333,672 333,885
Contract assets 352,064 338,749
Income taxes receivable 43,758 44,104
Other current assets 543,400 371,656
Total Current Assets 9,333,547 10,082,365
Property and equipment, net of accumulated depreciation and amortization of $1,330,999 and $1,288,509 at March 31, 2022 and December 31, 2021, respectively 792,735 816,092
Goodwill 4,977,082 4,995,175
Other intangible assets, net of accumulated amortization of $1,741,193 and $1,725,280 at March 31, 2022 and December 31, 2021, respectively 2,338,548 2,409,427
Operating lease assets 1,030,391 1,046,377
Investments in unconsolidated subsidiaries (with $713,871 and $813,031 at fair value at March 31, 2022 and December 31, 2021, respectively) 1,124,339 1,196,088
Non-current contract assets 134,324 135,626
Real estate under development 361,852 326,416
Non-current income taxes receivable 37,907 33,150
Deferred tax assets, net 142,748 157,032
Other assets, net 869,679 875,743
Total Assets 21,143,152 22,073,491
Current Liabilities:    
Accounts payable and accrued expenses 2,881,910 2,916,331
Compensation and employee benefits payable 1,579,118 1,539,291
Accrued bonus and profit sharing 906,343 1,694,590
Operating lease liabilities 220,730 232,423
Contract liabilities 295,642 280,659
Income taxes payable 268,823 246,035
Short-term borrowings:    
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase) 1,172,125 1,277,451
Revolving credit facility 210,000 0
Other short-term borrowings 30,826 32,668
Total short-term borrowings 1,412,951 1,310,119
Other current liabilities 224,327 199,421
Total Current Liabilities 7,789,844 8,418,869
Long-term debt, net of current maturities 1,526,212 1,538,123
Non-current operating lease liabilities 1,104,812 1,116,562
Non-current tax liabilities 124,348 144,884
Non-current income taxes payable 54,761 54,761
Deferred tax liabilities, net 310,104 405,258
Other liabilities 950,246 1,035,917
Total Liabilities 11,860,327 12,714,374
Commitments and contingencies 0 0
CBRE Group, Inc. Stockholders’ Equity:    
Class A common stock; $0.01 par value; 525,000,000 shares authorized; 329,555,402 and 332,875,959 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 3,296 3,329
Additional paid-in capital 409,187 798,892
Accumulated earnings 8,758,928 8,366,631
Accumulated other comprehensive loss (701,440) (640,659)
Total CBRE Group, Inc. Stockholders’ Equity 8,469,971 8,528,193
Non-controlling interests 812,854 830,924
Total Equity 9,282,825 9,359,117
Total Liabilities and Equity $ 21,143,152 $ 22,073,491