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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 1,125,011 $ 2,430,951
Restricted cash 98,040 108,830
Receivables, less allowance for doubtful accounts of $96,298 and $97,588 at September 30, 2022 and December 31, 2021, respectively 4,936,146 5,150,473
Warehouse receivables 1,190,964 1,303,717
Prepaid expenses 312,374 333,885
Contract assets 373,484 338,749
Income taxes receivable 19,559 44,104
Other current assets 534,379 371,656
Total Current Assets 8,589,957 10,082,365
Property and equipment, net of accumulated depreciation and amortization of $1,308,977 and $1,288,509 at September 30, 2022 and December 31, 2021, respectively 768,445 816,092
Goodwill 4,660,638 4,995,175
Other intangible assets, net of accumulated amortization of $1,819,575 and $1,725,280 at September 30, 2022 and December 31, 2021, respectively 2,146,468 2,409,427
Operating lease assets 992,831 1,046,377
Investments in unconsolidated subsidiaries (with $870,604 and $813,031 at fair value at September 30, 2022 and December 31, 2021, respectively) 1,461,287 1,196,088
Non-current contract assets 131,341 135,626
Real estate under development 237,611 326,416
Non-current income taxes receivable 46,001 33,150
Deferred tax assets, net 155,945 157,032
Other assets, net 1,024,806 875,743
Total Assets 20,215,330 22,073,491
Current Liabilities:    
Accounts payable and accrued expenses 2,720,466 2,916,331
Compensation and employee benefits payable 1,403,934 1,539,291
Accrued bonus and profit sharing 1,297,105 1,694,590
Contract liabilities 314,299 280,659
Operating lease liabilities 196,521 232,423
Income taxes payable 119,930 246,035
Short-term borrowings:    
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase) 1,176,514 1,277,451
Revolving credit facility 283,000 0
Other short-term borrowings 38,411 32,668
Total short-term borrowings 1,497,925 1,310,119
Other current liabilities 205,473 199,421
Total Current Liabilities 7,755,653 8,418,869
Long-term debt, net of current maturities 1,476,929 1,538,123
Non-current operating lease liabilities 1,065,815 1,116,562
Non-current tax liabilities 134,188 144,884
Non-current income taxes payable 54,761 54,761
Deferred tax liabilities, net 284,123 405,258
Other liabilities 804,217 1,035,917
Total Liabilities 11,575,686 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; 317,055,298 and 332,875,959 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 3,171 3,329
Additional paid-in capital 0 798,892
Accumulated earnings 9,155,739 8,366,631
Accumulated other comprehensive loss (1,223,083) (640,659)
Total CBRE Group, Inc. Stockholders’ Equity 7,935,827 8,528,193
Non-controlling interests 703,817 830,924
Total Equity 8,639,644 9,359,117
Total Liabilities and Equity $ 20,215,330 $ 22,073,491