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Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues        
Investment income (loss) $ (254.0) $ 394.6 $ (81.5) $ 1,424.4
Interest and other income 50.2 31.2 94.2 57.0
Interest and other income of Consolidated Funds 137.1 63.2 259.0 124.9
Total revenues 462.1 1,049.0 1,321.1 2,630.8
Compensation and benefits        
Cash-based compensation and benefits 270.6 274.0 530.8 528.3
Equity-based compensation 68.0 45.4 122.4 85.1
Performance allocations and incentive fee related compensation (92.2) 207.0 13.5 577.7
Total compensation and benefits 246.4 526.4 666.7 1,191.1
General, administrative and other expenses 168.5 131.7 327.7 238.0
Interest 30.7 26.9 60.4 54.7
Interest and other expenses of Consolidated Funds 102.1 40.6 195.8 83.4
Other non-operating expenses 0.0 0.2 0.1 0.5
Total expenses 547.7 725.8 1,250.7 1,567.7
Other income        
Net investment income (loss) of Consolidated Funds 15.6 (23.5) 19.2 (20.7)
Income (loss) before provision for income taxes (70.0) 299.7 89.6 1,042.4
Provision (benefit) for income taxes (7.3) 50.8 27.0 198.7
Net income (loss) (62.7) 248.9 62.6 843.7
Net income attributable to non-controlling interests in consolidated entities 35.7 3.5 60.3 26.7
Net income (loss) attributable to The Carlyle Group Inc. $ (98.4) $ 245.4 $ 2.3 $ 817.0
Net income (loss) attributable to The Carlyle Group Inc. per common share (see Note 12)        
Basic (in dollars per share) $ (0.27) $ 0.68 $ 0.01 $ 2.27
Diluted (in dollars per share) $ (0.27) $ 0.67 $ 0.01 $ 2.24
Weighted-average common shares        
Basic (in shares) 361,263,253 361,445,630 362,099,112 359,520,927
Diluted (in shares) 361,263,253 366,311,757 364,319,875 364,671,713
Fund management fees        
Revenues        
Fund management fees and incentive fees $ 507.8 $ 546.5 $ 1,008.6 $ 997.0
Incentive fees        
Revenues        
Fund management fees and incentive fees 21.0 13.5 40.8 27.5
Performance allocations        
Revenues        
Investment income (loss) (246.8) 337.9 (86.0) 1,048.1
Principal investment income        
Revenues        
Investment income (loss) $ (7.2) $ 56.7 $ 4.5 $ 376.3