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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
2022 Pay Versus Performance
Table
The table below shows the following information for the past three fiscal years: (i) “total” compensation for our NEOs for purposes of the “Summary Compensation Table” and shown on an average basis for the
non-CEO
NEOs; (ii) the “Compensation Actually Paid” (or CAP) to our NEOs (calculated using rules required by the SEC) and shown on an average basis for the
non-CEO
NEOs; (iii) our total shareholder return (TSR); (iv) the TSR of our peer group; (v) our GAAP Net Income; and (vi) our Core EPS. CAP does not represent the value of cash and shares of the company’s common stock received by the NEOs during the applicable year, but rather is an amount calculated under SEC rules and includes, among other things, year-over-year changes in the value of unvested equity-based awards. As a result of the calculation methodology required by the SEC, the CAP amounts in the table below differ from compensation actually received by the NEOs and the compensation decisions described in the
Compensation Discussion and Analysis
discussion in this Proxy Statement.
 
                                                                 
                 
Year
  
“Summary
Compensation
Table” Total
for CEO
(1)
($)
    
Compensation
Actually Paid
to CEO
(2)
($)
   
Average
“Summary
Compensation
Table” Total for
Other NEOs
(1)
($)
    
Average
Compensation
Actually Paid to
Other NEOs
(2)
($)
   
Company
TSR
(3)
($)
    
Peer Group
TSR
(3)

($)
    
GAAP Net Income
($ in thousands)
    
Core EPS
($)
 
                 
2022
  
 
25,912,100
 
  
 
1,749,522
 
 
 
5,259,697
 
  
 
(1,880,786
 
 
125.57
 
  
 
78.83
 
  
 
1,407,370
 
  
 
5.69
 
                 
2021
  
 
13,908,085
 
  
 
67,396,503
 
 
 
6,090,375
 
  
 
17,034,237
 
 
 
177.04
 
  
 
121.21
 
  
 
1,836,574
 
  
 
5.33
 
                 
2020
  
 
11,993,465
 
  
 
(11,520,049
 
 
3,675,860
 
  
 
753,759
 
 
 
102.33
 
  
 
82.24
 
  
 
751,989
 
  
 
3.27
 
 
(1)
The CEO for each year reported was Robert E. Sulentic. The other NEOs for each year reported are as follows:
 
 
 
2022: Emma E. Giamartino, Chandra Dhandapani, John E. Durburg, Michael J. Lafitte and Daniel G. Queenan
 
 
 
2021: Emma E. Giamartino, Leah C. Stearns, Chandra Dhandapani, Michael J. Lafitte and Daniel G. Queenan
 
 
 
2020: Leah C. Stearns, John E. Durburg, Michael J. Lafitte and Daniel G. Queenan
(2)
SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine CAP as reported in the Pay Versus Performance table above. The following table details the applicable adjustments that that were made to determine CAP (all amounts are averages for the
non-CEO
NEOs):
 
                                                 
    
2022
    
2021
    
2020
 
             
     
CEO
($)
    
Average
Other NEOs
($)
    
CEO
($)
    
Average
Other NEOs
($)
    
CEO
($)
    
Average
Other NEOs
($)
 
             
Summary Compensation Table Total
  
 
25,912,100
 
  
 
5,259,697
 
  
 
13,908,085
 
  
 
6,090,375
 
  
 
11,993,465
 
  
 
3,675,860
 
             
Minus
Summary Compensation Table Value of Equity Granted in the Fiscal Year
  
 
(22,261,250
  
 
(3,426,214
  
 
(9,789,859
  
 
(2,943,778
  
 
(10,649,973
  
 
(2,389,965
             
Plus
Year-end
Fair Value of Unvested Equity Awards Granted in Fiscal Year
  
 
14,806,976
 
  
 
2,342,343
 
  
 
22,555,323
 
  
 
5,238,907
 
  
 
3,712,961
 
  
 
1,298,273
 
             
Plus (Minus)
Year-over-Year Change in Fair Value of Unvested Equity Awards Granted in Prior Years that are Outstanding and Unvested at
Year-End
  
 
(15,163,719
  
 
(5,773,076
  
 
38,332,435
 
  
 
8,276,968
 
  
 
(15,906,439
  
 
(1,517,878
             
Plus
Fair Value at Vesting Date of Awards Granted and Vested in Fiscal Year
  
 
142,290
 
  
 
11,766
 
  
 
162,693
 
  
 
104,495
 
  
 
149,408
 
  
 
 
             
Plus (Minus)
Year-over-year Change in Fair Value of Awards Granted in Prior Years that Vested During the Fiscal Year
  
 
(1,686,875
  
 
(295,302
  
 
2,227,827
 
  
 
725,253
 
  
 
(819,471
  
 
(312,530
             
Minus
Fair Value at Prior
Year-End
of Awards Granted in Prior Years that are Forfeited During the Fiscal Year
  
 
 
  
 
 
  
 
 
  
 
(457,983
  
 
 
  
 
 
             
Compensation Actually Paid
  
 
1,749,522
 
  
 
(1,880,786
  
 
67,396,503
 
  
 
17,034,237
 
  
 
(11,520,049
  
 
753,759
 
 
(3)
TSR is determined based on the value of an initial fixed investment of $100 on December 31, 2019.
 
 
 
In 2020 and 2021, the peer group (the “prior peer group”) consisted of a group of nine companies that included: JLL, a global commercial real estate services company publicly traded in the U.S., as well as the following companies that have significant commercial real estate or real estate capital markets businesses within the U.S. or globally, that in each case are publicly traded in the U.S. or abroad: Colliers International Group Inc. (CIGI), Cushman & Wakefield plc (CWK), ISS A/S (ISS), Marcus & Millichap, Inc. (MMI), Newmark Group Inc. (NMRK), Savills plc (SVS.L), Sodexo S.A. (EXHO.PA) and Walker & Dunlop, Inc. (WD).
 
 
 
In 2022, we elected to remove Sodexo S.A. from our peer group given that facilities management is a relatively small portion of Sodexo’s overall service offerings. Therefore our 2022 peer group consisted of the following eight companies: JLL, CIGI, CWK, ISS, MMI, NMRK, SVS.L and WD.
 
 
 
The Peer Group TSR in the Pay Versus Performance Table reflects the performance of our 2022 peer group. The Peer Group TSR of our prior peer group is as follows:
 
 
 
2022: $79.65
 
 
2021: $118.32
 
 
2020: $81.24
   
Company Selected Measure Name Core EPS    
Named Executive Officers, Footnote [Text Block]
The CEO for each year reported was Robert E. Sulentic. The other NEOs for each year reported are as follows:
 
 
 
2022: Emma E. Giamartino, Chandra Dhandapani, John E. Durburg, Michael J. Lafitte and Daniel G. Queenan
 
 
 
2021: Emma E. Giamartino, Leah C. Stearns, Chandra Dhandapani, Michael J. Lafitte and Daniel G. Queenan
 
 
 
2020: Leah C. Stearns, John E. Durburg, Michael J. Lafitte and Daniel G. Queenan
   
Peer Group Issuers, Footnote [Text Block]
(3)
TSR is determined based on the value of an initial fixed investment of $100 on December 31, 2019.
 
 
 
In 2020 and 2021, the peer group (the “prior peer group”) consisted of a group of nine companies that included: JLL, a global commercial real estate services company publicly traded in the U.S., as well as the following companies that have significant commercial real estate or real estate capital markets businesses within the U.S. or globally, that in each case are publicly traded in the U.S. or abroad: Colliers International Group Inc. (CIGI), Cushman & Wakefield plc (CWK), ISS A/S (ISS), Marcus & Millichap, Inc. (MMI), Newmark Group Inc. (NMRK), Savills plc (SVS.L), Sodexo S.A. (EXHO.PA) and Walker & Dunlop, Inc. (WD).
 
 
 
In 2022, we elected to remove Sodexo S.A. from our peer group given that facilities management is a relatively small portion of Sodexo’s overall service offerings. Therefore our 2022 peer group consisted of the following eight companies: JLL, CIGI, CWK, ISS, MMI, NMRK, SVS.L and WD.
 
 
 
The Peer Group TSR in the Pay Versus Performance Table reflects the performance of our 2022 peer group. The Peer Group TSR of our prior peer group is as follows:
 
 
 
2022: $79.65
 
 
2021: $118.32
 
 
2020: $81.24
   
PEO Total Compensation Amount $ 25,912,100 $ 13,908,085 $ 11,993,465
PEO Actually Paid Compensation Amount $ 1,749,522 67,396,503 (11,520,049)
Adjustment To PEO Compensation, Footnote [Text Block]
                                                 
    
2022
    
2021
    
2020
 
             
     
CEO
($)
    
Average
Other NEOs
($)
    
CEO
($)
    
Average
Other NEOs
($)
    
CEO
($)
    
Average
Other NEOs
($)
 
             
Summary Compensation Table Total
  
 
25,912,100
 
  
 
5,259,697
 
  
 
13,908,085
 
  
 
6,090,375
 
  
 
11,993,465
 
  
 
3,675,860
 
             
Minus
Summary Compensation Table Value of Equity Granted in the Fiscal Year
  
 
(22,261,250
  
 
(3,426,214
  
 
(9,789,859
  
 
(2,943,778
  
 
(10,649,973
  
 
(2,389,965
             
Plus
Year-end
Fair Value of Unvested Equity Awards Granted in Fiscal Year
  
 
14,806,976
 
  
 
2,342,343
 
  
 
22,555,323
 
  
 
5,238,907
 
  
 
3,712,961
 
  
 
1,298,273
 
             
Plus (Minus)
Year-over-Year Change in Fair Value of Unvested Equity Awards Granted in Prior Years that are Outstanding and Unvested at
Year-End
  
 
(15,163,719
  
 
(5,773,076
  
 
38,332,435
 
  
 
8,276,968
 
  
 
(15,906,439
  
 
(1,517,878
             
Plus
Fair Value at Vesting Date of Awards Granted and Vested in Fiscal Year
  
 
142,290
 
  
 
11,766
 
  
 
162,693
 
  
 
104,495
 
  
 
149,408
 
  
 
 
             
Plus (Minus)
Year-over-year Change in Fair Value of Awards Granted in Prior Years that Vested During the Fiscal Year
  
 
(1,686,875
  
 
(295,302
  
 
2,227,827
 
  
 
725,253
 
  
 
(819,471
  
 
(312,530
             
Minus
Fair Value at Prior
Year-End
of Awards Granted in Prior Years that are Forfeited During the Fiscal Year
  
 
 
  
 
 
  
 
 
  
 
(457,983
  
 
 
  
 
 
             
Compensation Actually Paid
  
 
1,749,522
 
  
 
(1,880,786
  
 
67,396,503
 
  
 
17,034,237
 
  
 
(11,520,049
  
 
753,759
 
   
Non-PEO NEO Average Total Compensation Amount $ 5,259,697 6,090,375 3,675,860
Non-PEO NEO Average Compensation Actually Paid Amount $ (1,880,786) 17,034,237 753,759
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
                                                 
    
2022
    
2021
    
2020
 
             
     
CEO
($)
    
Average
Other NEOs
($)
    
CEO
($)
    
Average
Other NEOs
($)
    
CEO
($)
    
Average
Other NEOs
($)
 
             
Summary Compensation Table Total
  
 
25,912,100
 
  
 
5,259,697
 
  
 
13,908,085
 
  
 
6,090,375
 
  
 
11,993,465
 
  
 
3,675,860
 
             
Minus
Summary Compensation Table Value of Equity Granted in the Fiscal Year
  
 
(22,261,250
  
 
(3,426,214
  
 
(9,789,859
  
 
(2,943,778
  
 
(10,649,973
  
 
(2,389,965
             
Plus
Year-end
Fair Value of Unvested Equity Awards Granted in Fiscal Year
  
 
14,806,976
 
  
 
2,342,343
 
  
 
22,555,323
 
  
 
5,238,907
 
  
 
3,712,961
 
  
 
1,298,273
 
             
Plus (Minus)
Year-over-Year Change in Fair Value of Unvested Equity Awards Granted in Prior Years that are Outstanding and Unvested at
Year-End
  
 
(15,163,719
  
 
(5,773,076
  
 
38,332,435
 
  
 
8,276,968
 
  
 
(15,906,439
  
 
(1,517,878
             
Plus
Fair Value at Vesting Date of Awards Granted and Vested in Fiscal Year
  
 
142,290
 
  
 
11,766
 
  
 
162,693
 
  
 
104,495
 
  
 
149,408
 
  
 
 
             
Plus (Minus)
Year-over-year Change in Fair Value of Awards Granted in Prior Years that Vested During the Fiscal Year
  
 
(1,686,875
  
 
(295,302
  
 
2,227,827
 
  
 
725,253
 
  
 
(819,471
  
 
(312,530
             
Minus
Fair Value at Prior
Year-End
of Awards Granted in Prior Years that are Forfeited During the Fiscal Year
  
 
 
  
 
 
  
 
 
  
 
(457,983
  
 
 
  
 
 
             
Compensation Actually Paid
  
 
1,749,522
 
  
 
(1,880,786
  
 
67,396,503
 
  
 
17,034,237
 
  
 
(11,520,049
  
 
753,759
 
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
CAP vs. CBRE
s TSR.
Over the 2020-2022 period, our CEO and other NEOs’ CAP amounts are higher than Summary Compensation Table total compensation amounts in years when the company’s TSR is positive, and lower than Summary Compensation Table total compensation amounts in years when the company’s TSR is negative. This alignment is because the majority of our NEOs’ executive compensation (excluding strategic equity awards) is in the form of equity (79% for our CEO and 61%, on average, for our other NEOs).
   
Compensation Actually Paid vs. Net Income [Text Block]
CAP vs. CBRE’s GAAP Net Income.
While our GAAP Net Income has increased and decreased directionally with CAP amounts over the 2020-2022 period, the changes in GAAP Net Income are not proportionally correlated to CAP. The lack of correlation is primarily because CAP values for a given year are strongly influenced by year-over-year changes in our TSR, which do not always correlate to annual GAAP Net Income. In addition, GAAP Net Income is not a measure used in our incentive plans.
   
Compensation Actually Paid vs. Company Selected Measure [Text Block]
CAP vs. CBRE’s Core EPS.
Our Core EPS increased each year from 2020 to 2022. However, CAP amounts fluctuated over the same time period, with lower CAP values in 2020 and 2022, and higher CAP values in 2021. The lack of correlation is partly because CAP values for a given year are strongly influenced by year-over-year changes in our TSR, which do not always correlate to annual Core EPS. Also, in our annual performance-based RSU program, Core EPS is measured cumulatively over a
two-year
period against internally-established goals. Because of the different measurement periods (
i.e.
, year-over-year change for CAP vs.
two-year
cumulative measurement for Core EPS in our annual performance-based RSU program), as well as the fact that the Core EPS goals are set versus in
ter
nal budgets and not based on a fixed year-over-year growth rate, there is no correlation between Core EPS and CAP values for the three-year period.
   
Total Shareholder Return Vs Peer Group [Text Block]
CBRE’s TSR vs. Peer Group TSR
. The company’s indexed TSR outperformed the Peer
Group
indexed TSR in each year of the three-year period measured.
   
Tabular List [Table Text Block]
The most important financial performance measures that we use to link executive compensation actually paid to the NEOs for the most recently completed fiscal year to our performance are as follows:
 
 
Core Earnings per share, or Core EPS
 
 
Core EBITDA
 
 
Segment Operating Profit
 
 
Relative TSR
 
 
Relative Adjusted EPS Growth
Core EPS was selected as the company-selected measure for the Pay
ve
rsus
Performance
table below because it has the strongest alignment with long-term shareholder value. Core EPS is used to det
ermi
ne the
number
of shares earned in our performance-based RSU program, which comprises a significant portion of our NEOs’ target pay opportunities.
   
Total Shareholder Return Amount $ 125.57 177.04 102.33
Peer Group Total Shareholder Return Amount 78.83 121.21 82.24
Net Income (Loss) $ 1,407,370,000 $ 1,836,574,000 $ 751,989,000
Company Selected Measure Amount 5.69 5.33 3.27
PEO Name Robert E. Sulentic    
Prior Peer Group TSR $ 79.65 $ 118.32 $ 81.24
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Core Earnings per share, or Core EPS    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Core EBITDA    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Segment Operating Profit    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Relative TSR    
Measure [Axis]: 5      
Pay vs Performance Disclosure [Table]      
Measure Name Relative Adjusted EPS Growth    
PEO [Member] | Summary Compensation Table Value of Equity Granted in the Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (22,261,250) (9,789,859) (10,649,973)
PEO [Member] | Year end Fair Value of Unvested Equity Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 14,806,976 22,555,323 3,712,961
PEO [Member] | Year over Year Change in Fair Value of Unvested Equity Awards Granted in Prior Years that are Outstanding and Unvested at Year End [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (15,163,719) 38,332,435 (15,906,439)
PEO [Member] | Fair Value at Vesting Date of Awards Granted and Vested in Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 142,290 162,693 149,408
PEO [Member] | Year over year Change in Fair Value of Awards Granted in Prior Years that Vested During the Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,686,875) 2,227,827 (819,471)
PEO [Member] | Fair Value at Prior Year End of Awards Granted in Prior Years that are Forfeited During the Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Summary Compensation Table Value of Equity Granted in the Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (3,426,214) (2,943,778) (2,389,965)
Non-PEO NEO [Member] | Year end Fair Value of Unvested Equity Awards Granted in Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 2,342,343 5,238,907 1,298,273
Non-PEO NEO [Member] | Year over Year Change in Fair Value of Unvested Equity Awards Granted in Prior Years that are Outstanding and Unvested at Year End [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (5,773,076) 8,276,968 (1,517,878)
Non-PEO NEO [Member] | Fair Value at Vesting Date of Awards Granted and Vested in Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 11,766 104,495 0
Non-PEO NEO [Member] | Year over year Change in Fair Value of Awards Granted in Prior Years that Vested During the Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (295,302) 725,253 (312,530)
Non-PEO NEO [Member] | Fair Value at Prior Year End of Awards Granted in Prior Years that are Forfeited During the Fiscal Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 0 $ (457,983) $ 0