XML 120 R103.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Supplemental Financial Information - Financial Position (Details) - USD ($)
$ in Millions
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Assets            
Cash and cash equivalents $ 914.8   $ 1,440.3 $ 870.3    
Cash and cash equivalents held at Consolidated Funds 1,047.5   346.0 536.4    
Restricted cash 2.3   1.8 5.4    
Corporate treasury investments 5.6   0.0      
Investments 9,598.4   9,955.3      
Investments of Consolidated Funds 8,428.4   7,253.1      
Due from affiliates and other receivables, net 715.4   691.6      
Due from affiliates and other receivables of Consolidated Funds, net 228.4   141.0      
Fixed assets, net 167.5   161.5      
Lease right-of-use assets, net 354.0   332.2      
Deposits and other 73.4   70.6      
Intangible assets, net 700.2   766.1      
Deferred tax assets 48.2   16.5      
Total assets 22,284.1   21,176.0      
Liabilities and equity            
Debt obligations 2,235.2   2,281.0      
Loans payable of Consolidated Funds 7,801.1   6,486.5      
Accounts payable, accrued expenses and other liabilities 371.1   333.8      
Accrued compensation and benefits 4,328.0   4,922.2      
Due to affiliates 213.5   275.9      
Deferred revenue 129.6   140.3      
Deferred tax liabilities 26.3   45.3      
Other liabilities of Consolidated Funds 900.3   374.4      
Lease liabilities 505.7   488.1      
Accrued giveback obligations 43.9   44.0      
Total liabilities 16,554.7   15,391.5      
Common stock 3.6   3.6      
Additional paid-in capital 3,642.6   3,403.0      
Retained earnings 1,707.7   2,082.1      
Accumulated other comprehensive loss (324.0)   (297.3)      
Non-controlling interests in consolidated entities 699.5   593.1      
Total equity 5,729.4 $ 5,740.0 5,784.5 6,644.6 $ 6,811.5 $ 6,821.3
Total liabilities and equity 22,284.1   21,176.0      
Performance allocations 5,667.2   6,169.9      
Consolidated Operating Entities            
Assets            
Cash and cash equivalents 914.8     870.3    
Cash and cash equivalents held at Consolidated Funds 1,047.5     536.4    
Restricted cash 2.3     $ 5.4    
Consolidated Entities and Consolidated Funds | Consolidated Operating Entities            
Assets            
Cash and cash equivalents 914.8   1,440.3      
Cash and cash equivalents held at Consolidated Funds 0.0   0.0      
Restricted cash 2.3   1.8      
Corporate treasury investments 5.6          
Investments 9,860.3   10,104.5      
Investments of Consolidated Funds 0.0   0.0      
Due from affiliates and other receivables, net 1,022.7   1,009.2      
Due from affiliates and other receivables of Consolidated Funds, net 0.0   0.0      
Fixed assets, net 167.5   161.5      
Lease right-of-use assets, net 354.0   332.2      
Deposits and other 71.6   66.0      
Intangible assets, net 700.2   766.1      
Deferred tax assets 48.2   16.5      
Total assets 13,147.2   13,898.1      
Liabilities and equity            
Debt obligations 2,235.2   2,281.0      
Loans payable of Consolidated Funds 0.0   0.0      
Accounts payable, accrued expenses and other liabilities 371.1   333.8      
Accrued compensation and benefits 4,328.0   4,922.2      
Due to affiliates 208.2   269.6      
Deferred revenue 129.6   140.3      
Deferred tax liabilities 26.3   45.3      
Other liabilities of Consolidated Funds 0.0   0.0      
Lease liabilities 505.7   488.1      
Accrued giveback obligations 43.9   44.0      
Total liabilities 7,848.0   8,524.3      
Common stock 3.6   3.6      
Additional paid-in capital 3,642.6   3,403.0      
Retained earnings 1,707.7   2,082.1      
Accumulated other comprehensive loss (326.4)   (292.7)      
Non-controlling interests in consolidated entities 271.7   177.8      
Total equity 5,299.2   5,373.8      
Total liabilities and equity 13,147.2   13,898.1      
Consolidated Entities and Consolidated Funds | Consolidated Funds            
Assets            
Cash and cash equivalents 0.0   0.0      
Cash and cash equivalents held at Consolidated Funds 1,047.5   346.0      
Restricted cash 0.0   0.0      
Corporate treasury investments 0.0          
Investments 0.0   0.0      
Investments of Consolidated Funds 8,428.4   7,313.9      
Due from affiliates and other receivables, net 0.0   0.0      
Due from affiliates and other receivables of Consolidated Funds, net 228.4   141.0      
Fixed assets, net 0.0   0.0      
Lease right-of-use assets, net 0.0   0.0      
Deposits and other 1.8   4.6      
Intangible assets, net 0.0   0.0      
Deferred tax assets 0.0   0.0      
Total assets 9,706.1   7,805.5      
Liabilities and equity            
Debt obligations 0.0   0.0      
Loans payable of Consolidated Funds 8,103.0   6,796.4      
Accounts payable, accrued expenses and other liabilities 0.0   0.0      
Accrued compensation and benefits 0.0   0.0      
Due to affiliates 5.4   6.3      
Deferred revenue 0.0   0.0      
Deferred tax liabilities 0.0   0.0      
Other liabilities of Consolidated Funds 900.3   374.4      
Lease liabilities 0.0   0.0      
Accrued giveback obligations 0.0   0.0      
Total liabilities 9,008.7   7,177.1      
Common stock 0.0   0.0      
Additional paid-in capital 281.2   223.8      
Retained earnings 0.0   0.0      
Accumulated other comprehensive loss (11.6)   (10.7)      
Non-controlling interests in consolidated entities 427.8   415.3      
Total equity 697.4   628.4      
Total liabilities and equity 9,706.1   7,805.5      
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          
Investments (261.9)   (149.2)      
Investments of Consolidated Funds 0.0   (60.8)      
Due from affiliates and other receivables, net (307.3)   (317.6)      
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 (569.2)   (527.6)      
Liabilities and equity            
Debt obligations 0.0   0.0      
Loans payable of Consolidated Funds (301.9)   (309.9)      
Accounts payable, accrued expenses and other liabilities 0.0   0.0      
Accrued compensation and benefits 0.0   0.0      
Due to affiliates (0.1)   0.0      
Deferred revenue 0.0   0.0      
Deferred tax liabilities 0.0   0.0      
Other liabilities of Consolidated Funds 0.0   0.0      
Lease liabilities 0.0   0.0      
Accrued giveback obligations 0.0   0.0      
Total liabilities (302.0)   (309.9)      
Common stock 0.0   0.0      
Additional paid-in capital (281.2)   (223.8)      
Retained earnings 0.0   0.0      
Accumulated other comprehensive loss 14.0   6.1      
Non-controlling interests in consolidated entities 0.0   0.0      
Total equity (267.2)   (217.7)      
Total liabilities and equity $ (569.2)   $ (527.6)