XML 127 R113.htm IDEA: XBRL DOCUMENT v3.22.1
Supplemental Financial Information - Results of Operations (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Condensed Income Statements, Captions [Line Items]    
Investment income $ 1,029.8 $ 1,965.2
Interest and other income 25.8 20.4
Interest and other income of Consolidated Funds 61.7 61.1
Total revenues 1,581.8 2,437.2
Compensation and benefits    
Cash-based compensation and benefits 254.3 228.5
Equity-based compensation 39.7 32.4
Performance allocations and incentive fee related compensation 370.7 866.6
Total compensation and benefits 664.7 1,127.5
General, administrative and other expenses 106.3 91.7
Interest 27.8 23.0
Interest and other expenses of Consolidated Funds 42.8 42.4
Other non-operating expenses 0.3 0.6
Total expenses 841.9 1,285.2
Other income    
Net investment income of Consolidated Funds 2.8 12.3
Income before provision for income taxes 742.7 1,164.3
Provision for income taxes 147.9 273.4
Net income 594.8 890.9
Net income attributable to non-controlling interests in consolidated entities 23.2 21.6
Net income (loss) attributable to The Carlyle Group Inc. 571.6 869.3
Consolidated Operating Entities    
Compensation and benefits    
Equity-based compensation 39.7 32.4
Other income    
Net income 569.7 891.0
Consolidated Entities and Consolidated Funds    
Condensed Income Statements, Captions [Line Items]    
Total revenues 61.7 61.1
Compensation and benefits    
Total expenses 52.9 56.5
Other income    
Net investment income of Consolidated Funds 2.8 12.3
Consolidated Entities and Consolidated Funds | Consolidated Operating Entities    
Condensed Income Statements, Captions [Line Items]    
Investment income 1,012.5 1,984.5
Interest and other income 33.3 26.4
Interest and other income of Consolidated Funds 0.0 0.0
Total revenues 1,516.7 2,407.2
Compensation and benefits    
Cash-based compensation and benefits 254.3 228.5
Equity-based compensation 39.7 32.4
Performance allocations and incentive fee related compensation 370.7 866.6
Total compensation and benefits 664.7 1,127.5
General, administrative and other expenses 106.3 91.7
Interest 27.8 23.0
Interest and other expenses of Consolidated Funds 0.0 0.0
Other non-operating expenses 0.3 0.6
Total expenses 799.1 1,242.8
Other income    
Net investment income of Consolidated Funds 0.0 0.0
Income before provision for income taxes 717.6 1,164.4
Provision for income taxes 147.9 273.4
Net income 569.7 891.0
Net income attributable to non-controlling interests in consolidated entities (1.9) 21.7
Net income (loss) attributable to The Carlyle Group Inc. 571.6 869.3
Consolidated Entities and Consolidated Funds | Consolidated Funds    
Condensed Income Statements, Captions [Line Items]    
Investment income 0.0 0.0
Interest and other income 0.0 0.0
Interest and other income of Consolidated Funds 61.7 61.1
Total revenues 61.7 61.1
Compensation and benefits    
Cash-based compensation and benefits 0.0 0.0
Equity-based compensation 0.0 0.0
Performance allocations and incentive fee related compensation 0.0 0.0
Total compensation and benefits 0.0 0.0
General, administrative and other expenses 0.0 0.0
Interest 0.0 0.0
Interest and other expenses of Consolidated Funds 52.9 56.5
Other non-operating expenses 0.0 0.0
Total expenses 52.9 56.5
Other income    
Net investment income of Consolidated Funds 2.8 12.3
Income before provision for income taxes 11.6 16.9
Provision for income taxes 0.0 0.0
Net income 11.6 16.9
Net income attributable to non-controlling interests in consolidated entities 0.0 0.0
Net income (loss) attributable to The Carlyle Group Inc. 11.6 16.9
Eliminations    
Condensed Income Statements, Captions [Line Items]    
Investment income 17.3 (19.3)
Interest and other income (7.5) (6.0)
Interest and other income of Consolidated Funds 0.0 0.0
Total revenues 3.4 (31.1)
Compensation and benefits    
Cash-based compensation and benefits 0.0 0.0
Equity-based compensation 0.0 0.0
Performance allocations and incentive fee related compensation 0.0 0.0
Total compensation and benefits 0.0 0.0
General, administrative and other expenses 0.0 0.0
Interest 0.0 0.0
Interest and other expenses of Consolidated Funds (10.1) (14.1)
Other non-operating expenses 0.0 0.0
Total expenses (10.1) (14.1)
Other income    
Net investment income of Consolidated Funds 0.0 0.0
Income before provision for income taxes 13.5 (17.0)
Provision for income taxes 0.0 0.0
Net income 13.5 (17.0)
Net income attributable to non-controlling interests in consolidated entities 25.1 (0.1)
Net income (loss) attributable to The Carlyle Group Inc. (11.6) (16.9)
Fund management fees    
Condensed Income Statements, Captions [Line Items]    
Fund management fees and incentive fees 450.5 381.0
Fund management fees | Consolidated Entities and Consolidated Funds | Consolidated Operating Entities    
Condensed Income Statements, Captions [Line Items]    
Fund management fees and incentive fees 456.9 386.8
Fund management fees | Consolidated Entities and Consolidated Funds | Consolidated Funds    
Condensed Income Statements, Captions [Line Items]    
Fund management fees and incentive fees 0.0 0.0
Fund management fees | Eliminations    
Condensed Income Statements, Captions [Line Items]    
Fund management fees and incentive fees (6.4) (5.8)
Incentive fees    
Condensed Income Statements, Captions [Line Items]    
Fund management fees and incentive fees 14.0 9.5
Incentive fees | Consolidated Entities and Consolidated Funds | Consolidated Operating Entities    
Condensed Income Statements, Captions [Line Items]    
Fund management fees and incentive fees 14.0 9.5
Incentive fees | Consolidated Entities and Consolidated Funds | Consolidated Funds    
Condensed Income Statements, Captions [Line Items]    
Fund management fees and incentive fees 0.0 0.0
Incentive fees | Eliminations    
Condensed Income Statements, Captions [Line Items]    
Fund management fees and incentive fees 0.0 0.0
Performance allocations    
Condensed Income Statements, Captions [Line Items]    
Investment income 710.2 1,786.1
Performance allocations | Consolidated Entities and Consolidated Funds | Consolidated Operating Entities    
Condensed Income Statements, Captions [Line Items]    
Investment income 710.2 1,786.1
Performance allocations | Consolidated Entities and Consolidated Funds | Consolidated Funds    
Condensed Income Statements, Captions [Line Items]    
Investment income 0.0 0.0
Performance allocations | Eliminations    
Condensed Income Statements, Captions [Line Items]    
Investment income 0.0 0.0
Principal investment income    
Condensed Income Statements, Captions [Line Items]    
Investment income 319.6 179.1
Principal investment income | Consolidated Entities and Consolidated Funds | Consolidated Operating Entities    
Condensed Income Statements, Captions [Line Items]    
Investment income 302.3 198.4
Principal investment income | Consolidated Entities and Consolidated Funds | Consolidated Funds    
Condensed Income Statements, Captions [Line Items]    
Investment income 0.0 0.0
Principal investment income | Eliminations    
Condensed Income Statements, Captions [Line Items]    
Investment income $ 17.3 $ (19.3)