XML 122 R109.htm IDEA: XBRL DOCUMENT v3.23.3
Supplemental Financial Information - Financial Position (Details) - USD ($)
$ in Millions
Sep. 30, 2023
Jun. 30, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Dec. 31, 2021
Assets            
Cash and cash equivalents $ 1,267.7   $ 1,360.7 $ 1,361.9    
Cash and cash equivalents held at Consolidated Funds 352.3   209.0 177.2    
Restricted cash 4.5   0.8 0.6    
Corporate treasury investments 57.3   20.0      
Investments 9,974.7   10,767.9      
Investments of Consolidated Funds 7,059.2   6,894.4      
Due from affiliates and other receivables, net 688.3   579.4      
Due from affiliates and other receivables of Consolidated Funds, net 131.7   101.9      
Fixed assets, net 154.8   139.9      
Lease right-of-use assets, net 337.4   337.0      
Deposits and other 119.9   78.4      
Intangible assets, net 796.0   897.8      
Deferred tax assets 13.5   15.8      
Total assets 20,957.3   21,403.0      
Liabilities and equity            
Debt obligations 2,275.5   2,271.7      
Loans payable of Consolidated Funds 6,419.2   5,905.2      
Accounts payable, accrued expenses and other liabilities 263.5   369.2      
Accrued compensation and benefits 3,694.4   4,320.9      
Due to affiliates 290.0   362.5      
Deferred revenue 413.8   126.4      
Deferred tax liabilities 276.2   402.7      
Other liabilities of Consolidated Funds 279.9   279.3      
Lease liabilities 496.0   502.9      
Accrued giveback obligations 44.0   40.9      
Total liabilities 14,452.5   14,581.7      
Common stock 3.6   3.6      
Additional paid-in capital 3,337.8   3,138.5      
Retained earnings 2,902.6   3,401.1      
Accumulated other comprehensive loss (323.9)   (322.2)      
Non-controlling interests in consolidated entities 584.7   600.3      
Total equity 6,504.8 $ 6,644.6 6,821.3 6,654.9 $ 6,432.3 $ 5,706.2
Total liabilities and equity 20,957.3   21,403.0      
Performance allocations 6,209.2   7,117.7      
Consolidated Operating Entities            
Assets            
Cash and cash equivalents 1,267.7     1,361.9    
Cash and cash equivalents held at Consolidated Funds 352.3     177.2    
Restricted cash 4.5     $ 0.6    
Consolidated Entities and Consolidated Funds | Consolidated Operating Entities            
Assets            
Cash and cash equivalents 1,267.7   1,360.7      
Cash and cash equivalents held at Consolidated Funds 0.0   0.0      
Restricted cash 4.5   0.8      
Corporate treasury investments 57.3   20.0      
Investments 10,099.6   10,989.9      
Investments of Consolidated Funds 0.0   0.0      
Due from affiliates and other receivables, net 1,004.1   960.5      
Due from affiliates and other receivables of Consolidated Funds, net 0.0   0.0      
Fixed assets, net 154.8   139.9      
Lease right-of-use assets, net 337.4   337.0      
Deposits and other 109.5   70.4      
Intangible assets, net 796.0   897.8      
Deferred tax assets 13.5   15.8      
Total assets 13,844.4   14,792.8      
Liabilities and equity            
Debt obligations 2,275.5   2,271.7      
Loans payable of Consolidated Funds 0.0   0.0      
Accounts payable, accrued expenses and other liabilities 263.5   369.2      
Accrued compensation and benefits 3,694.4   4,320.9      
Due to affiliates 283.9   346.1      
Deferred revenue 413.8   126.4      
Deferred tax liabilities 276.2   402.7      
Other liabilities of Consolidated Funds 0.0   0.0      
Lease liabilities 496.0   502.9      
Accrued giveback obligations 44.0   40.9      
Total liabilities 7,747.3   8,380.8      
Common stock 3.6   3.6      
Additional paid-in capital 3,337.8   3,138.5      
Retained earnings 2,902.6   3,401.1      
Accumulated other comprehensive loss (321.1)   (319.5)      
Non-controlling interests in consolidated entities 174.2   188.3      
Total equity 6,097.1   6,412.0      
Total liabilities and equity 13,844.4   14,792.8      
Consolidated Entities and Consolidated Funds | Consolidated Funds            
Assets            
Cash and cash equivalents 0.0   0.0      
Cash and cash equivalents held at Consolidated Funds 352.3   209.0      
Restricted cash 0.0   0.0      
Corporate treasury investments 0.0   0.0      
Investments 0.0   0.0      
Investments of Consolidated Funds 7,059.2   6,894.4      
Due from affiliates and other receivables, net 0.0   0.0      
Due from affiliates and other receivables of Consolidated Funds, net 131.7   101.9      
Fixed assets, net 0.0   0.0      
Lease right-of-use assets, net 0.0   0.0      
Deposits and other 10.4   8.0      
Intangible assets, net 0.0   0.0      
Deferred tax assets 0.0   0.0      
Total assets 7,553.6   7,213.3      
Liabilities and equity            
Debt obligations 0.0   0.0      
Loans payable of Consolidated Funds 6,729.0   6,279.7      
Accounts payable, accrued expenses and other liabilities 0.0   0.0      
Accrued compensation and benefits 0.0   0.0      
Due to affiliates 6.1   16.5      
Deferred revenue 0.0   0.0      
Deferred tax liabilities 0.0   0.0      
Other liabilities of Consolidated Funds 280.0   279.7      
Lease liabilities 0.0   0.0      
Accrued giveback obligations 0.0   0.0      
Total liabilities 7,015.1   6,575.9      
Common stock 0.0   0.0      
Additional paid-in capital 142.2   238.7      
Retained earnings 0.0   0.0      
Accumulated other comprehensive loss (14.2)   (13.3)      
Non-controlling interests in consolidated entities 410.5   412.0      
Total equity 538.5   637.4      
Total liabilities and equity 7,553.6   7,213.3      
Eliminations            
Assets            
Cash and cash equivalents 0.0   0.0      
Cash and cash equivalents held at Consolidated Funds 0.0   0.0      
Restricted cash 0.0   0.0      
Corporate treasury investments 0.0   0.0      
Investments (124.9)   (222.0)      
Investments of Consolidated Funds 0.0   0.0      
Due from affiliates and other receivables, net (315.8)   (381.1)      
Due from affiliates and other receivables of Consolidated Funds, net 0.0   0.0      
Fixed assets, net 0.0   0.0      
Lease right-of-use assets, net 0.0   0.0      
Deposits and other 0.0   0.0      
Intangible assets, net 0.0   0.0      
Deferred tax assets 0.0   0.0      
Total assets (440.7)   (603.1)      
Liabilities and equity            
Debt obligations 0.0   0.0      
Loans payable of Consolidated Funds (309.8)   (374.5)      
Accounts payable, accrued expenses and other liabilities 0.0   0.0      
Accrued compensation and benefits 0.0   0.0      
Due to affiliates 0.0   (0.1)      
Deferred revenue 0.0   0.0      
Deferred tax liabilities 0.0   0.0      
Other liabilities of Consolidated Funds (0.1)   (0.4)      
Lease liabilities 0.0   0.0      
Accrued giveback obligations 0.0   0.0      
Total liabilities (309.9)   (375.0)      
Common stock 0.0   0.0      
Additional paid-in capital (142.2)   (238.7)      
Retained earnings 0.0   0.0      
Accumulated other comprehensive loss 11.4   10.6      
Non-controlling interests in consolidated entities 0.0   0.0      
Total equity (130.8)   (228.1)      
Total liabilities and equity $ (440.7)   $ (603.1)