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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 1,192,783 $ 2,430,951
Restricted cash 137,933 108,830
Receivables, less allowance for doubtful accounts of $94,568 and $97,588 at June 30, 2022 and December 31, 2021, respectively 5,122,787 5,150,473
Warehouse receivables 1,034,025 1,303,717
Prepaid expenses 350,409 333,885
Contract assets 344,750 338,749
Income taxes receivable 20,759 44,104
Other current assets 668,770 371,656
Total Current Assets 8,872,216 10,082,365
Property and equipment, net of accumulated depreciation and amortization of $1,352,276 and $1,288,509 at June 30, 2022 and December 31, 2021, respectively 778,535 816,092
Goodwill 4,794,847 4,995,175
Other intangible assets, net of accumulated amortization of $1,809,034 and $1,725,280 at June 30, 2022 and December 31, 2021, respectively 2,256,613 2,409,427
Operating lease assets 1,040,233 1,046,377
Investments in unconsolidated subsidiaries (with $770,898 and $813,031 at fair value at June 30, 2022 and December 31, 2021, respectively) 1,201,745 1,196,088
Non-current contract assets 147,964 135,626
Real estate under development 234,341 326,416
Non-current income taxes receivable 41,488 33,150
Deferred tax assets, net 157,997 157,032
Other assets, net 912,693 875,743
Total Assets 20,438,672 22,073,491
Current Liabilities:    
Accounts payable and accrued expenses 2,825,499 2,916,331
Compensation and employee benefits payable 1,478,874 1,539,291
Accrued bonus and profit sharing 1,082,161 1,694,590
Operating lease liabilities 224,982 232,423
Contract liabilities 281,988 280,659
Income taxes payable 178,160 246,035
Short-term borrowings:    
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase) 1,017,949 1,277,451
Revolving credit facility 310,000 0
Other short-term borrowings 37,633 32,668
Total short-term borrowings 1,365,582 1,310,119
Other current liabilities 186,547 199,421
Total Current Liabilities 7,623,793 8,418,869
Long-term debt, net of current maturities 1,503,494 1,538,123
Non-current operating lease liabilities 1,095,047 1,116,562
Non-current tax liabilities 127,754 144,884
Non-current income taxes payable 54,761 54,761
Deferred tax liabilities, net 269,717 405,258
Other liabilities 869,122 1,035,917
Total Liabilities 11,543,688 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; 322,117,764 and 332,875,959 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 3,221 3,329
Additional paid-in capital 0 798,892
Accumulated earnings 9,084,358 8,366,631
Accumulated other comprehensive loss (951,569) (640,659)
Total CBRE Group, Inc. Stockholders’ Equity 8,136,010 8,528,193
Non-controlling interests 758,974 830,924
Total Equity 8,894,984 9,359,117
Total Liabilities and Equity $ 20,438,672 $ 22,073,491