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v3.22.2.2

Accrued Compensation and Benefits | 9 Months Ended
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Sep. 30, 2022
Retirement Benefits [Abstract] |
Accrued Compensation and Benefits | 9. Accrued Compensation and Benefits Accrued compensation and benefits consist of the following:
| As of
| September 30, 2022 |  | December 31, 2021
| (Dollars in millions)
Accrued performance allocations and incentive fee related compensation | $ | 3,784.5 |  |  | $ | 4,087.8 |
Accrued bonuses | 365.2 |  |  | 521.4 |
Employment-based contingent cash consideration (1) | 45.2 |  |  | 6.3 |
Accrued pension liability (2) | 34.1 |  |  | 27.4 |
Other (3) | 118.7 |  |  | 312.1 |
Total | $ | 4,347.7 |  |  | $ | 4,955.0 |
(1) The acquisition of the Carlyle Aviation Partners, Ltd. (“Carlyle Aviation Partners,” formerly known as Apollo Aviation Group) in December 2018 included an earn-out of up to $150.0 million that is payable upon the achievement of certain revenue and earnings performance targets during 2020 through 2025, which is accounted for as compensation expense. See Note 3 to the consolidated financial statements included in the Company’s 2018 Annual Report on Form 10-K for additional information on the Carlyle Aviation Partners acquisition. The Abingworth acquisition included an earn-out of up to $130.0 million. See Note 4 for additional information. (2) Certain employees of AlpInvest are covered by defined benefit pension plans sponsored by AlpInvest. No other employees of the Company are covered by defined benefit pension plans. (3) Includes $27.6 million and $207.0 million of realized performance allocations and incentive fee-related compensation not yet paid to participants as of September 30, 2022 and December 31, 2021, respectively. The following table presents realized and unrealized performance allocations and incentive fee related compensation:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
| (Dollars in millions)
Realized | $ | 377.0 |  |  | $ | 478.5 |  |  | $ | 776.7 |  |  | $ | 789.8 |
Unrealized | (213.5) |  |  | 16.7 |  |  | (35.5) |  |  | 1,566.0 |
Total | $ | 163.5 |  |  | $ | 495.2 |  |  | $ | 741.2 |  |  | $ | 2,355.8 |

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- Definition The entire disclosure of an entity's employee compensation and benefit plans, excluding share-based compensation and including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, life insurance, severance, health care, unemployment and other benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 712 -URI https://asc.fasb.org/topic&trid=2197446 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI https://asc.fasb.org/topic&trid=2235017 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 710 -URI https://asc.fasb.org/topic&trid=2127225 + Details
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