CBRE GROUP, INC. CBRE Balance Sheet

Cbre group, inc. (CBRE)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
ASSETS
Current Assets:
Cash and cash equivalents
628	971	577	535	604	777	550	531	642	751	955	535	533	762	446	431	489	540	440	336	379	740	615	381	428	491	502	485	518	1,089	776	731	703	1,093	662	752	427	506	768	743	741
Restricted cash
104	121	124	77	82	86	77	71	78	73	84	74	59	68	70	70	63	72	67	66	56	28	55	46	50	61	48	59	68	73	64	64	60	67	388	49	46	52	51	37	46
Receivables, less allowance for doubtful accounts of $80,543 and $72,725 at March 31, 2020 and December 31, 2019, respectively
4,262	4,466	4,057	4,001	3,801	3,668	3,410	3,324	3,121	3,112	2,843	2,653	2,499	2,605	2,399	2,373	2,344	2,471	2,275	1,604	1,537	1,736	1,608	1,638	1,415	1,486	1,234	1,222	1,206	1,262	1,127	1,092	1,075	1,135	997	968	889	940	818	731	775
Warehouse receivables
1,273	993	987	1,365	1,548	1,342	1,598	1,488	1,161	928	1,434	1,069	685	1,276	1,642	847	724	1,767	585	750	1,080	506	638	739	310	381	227	536	850	1,048	465	423	418	720	690	308	285	485	264	260	315
Advance warehouse funding
-	-	376	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract assets
330	328	348	323	295	307	159	109	200	273	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses
287	282	282	290	248	254	258	268	223	215	218	235	212	184	195	199	178	172	163	154	143	142	123	133	138	125	97	98	94	101	103	110	115	111	104	100	95	96	88	92	99
Trading securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	62	68	64	-	69	71	62	58	70	31	93	101	97	79	124	151	116	-	-	-	-	-	-
Income taxes receivable
88	93	38	53	58	71	54	47	61	49	66	55	55	45	88	92	73	59	22	49	30	65	58	35	50	-	53	64	56	17	85	48	32	-	9	36	26	-	61	54	163
Deferred tax assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	213	204	193	-	174	194	168	188	209	201	203	205	172	173	170	168	113	112	120	112	73	75	75
Real estate and other assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	5	-	32	13	41	-	42	40	83	130	52	13	1	26	29	0	6	16	5	12	7
Available for sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	0	-	0	0	0	-	0	0	0	0	1	2	2	2	-	-	-	3	-	-	0
Other current assets
289	276	264	237	357	245	268	265	263	227	201	199	201	179	213	230	212	220	145	104	103	151	83	84	74	67	56	58	56	52	48	52	45	42	57	50	43	47	44	44	41
Total Current Assets
7,263	7,534	7,058	6,885	6,996	6,754	6,378	6,106	5,754	5,630	5,804	4,824	4,245	5,122	5,055	4,246	4,086	5,305	3,979	3,342	3,593	3,371	3,461	3,338	2,762	2,879	2,558	2,799	3,232	4,084	3,037	2,828	2,781	3,550	3,225	2,379	1,969	2,260	2,177	2,053	2,266
Property and equipment, net
800	836	782	746	730	721	702	705	633	617	574	556	551	560	550	533	528	529	503	484	479	497	455	455	446	458	394	369	362	379	334	299	287	295	249	216	193	188	154	153	178
Goodwill
3,673	3,753	3,627	3,663	3,663	3,652	3,643	3,407	3,278	3,254	3,135	3,095	3,019	2,981	3,045	3,061	3,133	3,085	2,997	2,313	2,267	2,333	2,314	2,334	2,304	2,290	1,899	1,842	1,851	1,889	1,845	1,816	1,838	1,828	1,581	1,407	1,342	1,323	1,316	1,276	1,306
Other intangible assets, net of accumulated amortization of $1,390,807 and $1,358,528 at March 31, 2020 and December 31, 2019, respectively
1,339	1,379	1,325	1,331	1,338	1,441	1,403	1,448	1,398	1,399	1,400	1,398	1,403	1,411	1,414	1,396	1,416	1,450	1,527	806	789	802	815	816	830	841	800	796	794	786	769	784	795	794	514	333	331	332	331	323	322
Operating lease assets
997	997	980	949	938	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in unconsolidated subsidiaries
422	426	328	307	228	216	195	233	228	238	233	246	242	232	249	226	220	217	231	222	209	218	219	214	201	198	208	209	212	206	214	210	186	166	145	145	146	138	132	119	135
Non-current contract assets
200	201	-	-	-	74	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate under development
170	185	-	-	-	4	-	-	-	-	-	-	-	-	-	-	-	-	2	-	-	-	-	0	20	19	16	-	-	-	41	37	31	30	55	-	27	-	-	-	-
Deferred tax assets, net
89	73	142	83	80	51	79	97	101	98	94	96	94	105	106	107	127	135	-	-	-	99	-	-	-	-	-	-	-	-	-	-	-	-	-	6	1	10	11	0	3
Non-current income taxes receivable
29	139	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate under development
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	13	7	-	0	6	0	0	0	14	12	27	10	7	6	3	40	90	87	112	131	130	160
Real estate held for investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	21	34	-	37	67	65	106	109	112	193	235	360	432	447	403	484	539	572	626	701	743	526
Available for sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55	58	55	-	65	63	59	56	58	57	72	57	54	55	52	34	35	33	33	31	31	30	32
Other assets, net
691	668	795	752	715	540	574	536	511	479	409	387	370	366	354	351	321	293	219	197	188	244	159	174	171	164	147	147	155	143	141	141	141	141	136	129	114	95	85	100	107
Total Assets
15,680	16,197	15,040	14,719	14,693	13,456	12,977	12,535	11,907	11,718	11,652	10,606	9,927	10,779	10,776	9,922	9,835	11,017	9,555	7,460	7,625	7,568	7,529	7,471	6,843	6,998	6,177	6,348	6,887	7,809	6,768	6,576	6,539	7,219	6,415	5,282	4,792	5,121	5,075	4,931	5,039
LIABILITIES AND EQUITY
Current Liabilities:
Accounts payable and accrued expenses
2,365	2,436	2,085	2,063	1,833	1,919	1,674	1,642	1,505	1,573	1,505	1,427	1,320	1,446	1,365	1,381	1,351	1,484	1,320	764	702	827	710	770	734	817	536	562	597	582	515	496	524	574	495	441	429	445	405	364	458
Compensation and employee benefits payable
1,237	1,324	1,231	1,086	1,152	1,121	1,054	870	931	904	763	673	719	772	741	728	648	705	641	577	491	623	554	517	436	486	416	419	369	440	387	399	363	398	318	337	342	346	305	240	240
Accrued bonus and profit sharing
693	1,261	869	704	656	1,189	843	629	592	1,078	727	543	467	890	608	502	552	866	542	421	501	788	472	377	382	612	402	323	330	540	353	284	323	544	340	224	271	455	274	180	278
Operating lease liabilities
183	168	162	173	185	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract liabilities
107	108	110	109	115	82	86	76	88	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities sold, not yet purchased
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	6	39	54	44	63	52	98	99	-	-	-	-	-	-
Income taxes payable
81	30	30	37	53	68	15	21	66	70	82	41	109	58	46	46	59	82	-	-	-	53	0	0	0	11	-	-	-	0	-	-	-	28	-	-	-	18	-	-	-
Short-term borrowings:
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase)
1,258	977	1,348	1,349	1,561	1,328	1,579	1,471	1,148	910	1,416	1,054	671	1,254	1,619	839	714	1,750	578	743	1,065	501	631	731	306	374	224	525	837	1,026	458	417	410	713	676	302	277	453	260	258	312
Revolving credit facility
-	-	52	230	336	-	141	598	463	-	-	-	120	-	83	156	280	-	400	-	110	4	149	335	359	142	89	140	108	72	72	52	34	44	41	111	60	17	17	25	21
Other
5	4	4	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	18	0	0	0	4	6	0	0	4	14	0	0	0	4	0	0	0	0	0	0	2	2	5
Total short-term borrowings
1,264	981	1,404	1,579	1,897	1,328	1,720	2,069	1,611	910	1,416	1,054	791	1,254	1,702	995	994	1,750	997	744	1,175	506	785	1,074	666	517	319	680	945	1,099	530	474	445	758	718	413	338	471	280	286	339
Current maturities of long-term debt
1	1	1	2	2	3	3	1	0	0	0	0	0	0	45	42	40	34	30	13	15	42	42	42	42	42	42	42	42	73	71	68	68	67	46	42	38	38	108	87	138
Notes payable on real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	1	23	-	23	23	45	62	58	31	24	35	154	139	169	146	166	153	138	154	215	208	159
Liabilities related to real estate and other assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35	12	18	-	26	24	60	104	43	6	1	21	20	0	5	12	4	11	1
Other current liabilities
130	122	130	128	113	90	86	70	74	74	56	55	63	102	57	45	50	70	68	71	63	86	53	58	53	56	32	41	42	43	42	45	44	42	21	17	16	15	16	16	11
Total Current Liabilities
6,065	6,436	6,027	5,887	6,010	5,803	5,485	5,381	4,869	4,712	4,551	3,797	3,473	4,525	4,566	3,742	3,696	4,994	3,604	2,594	2,972	2,928	2,677	2,875	2,379	2,605	1,842	2,133	2,453	2,972	2,144	1,978	1,992	2,680	2,228	1,630	1,581	1,956	1,609	1,395	1,629
Senior term loans, net of unamortized debt issuance costs of $10,410 and $7,537 at September 30, 2015 and December 31, 2014, respectively
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	854	484	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	350	350	350	350	350	350	350	350	350	437	437	-
Senior secured term loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	487	-	615	625	635	645	655	665	375	1,557	1,574	1,584	1,606	1,615	1,364	979	593	602	1,360	1,535	1,545
Senior subordinated notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	440	440	440	439	439	439	438	438	438	437	-	-	436
Other long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	1	1	2	2	4	5	5	6	6	0	0	0	0	0	0	0	0	0	0
Long-term debt, net of current maturities
1,754	1,761	1,748	1,766	1,760	1,767	1,760	1,762	1,758	1,999	2,551	2,550	2,549	2,548	2,614	2,624	2,635	2,645	2,655	1,711	1,714	1,808	2,067	1,777	1,788	1,798	1,809	1,821	1,971	2,354	2,371	2,374	2,396	2,404	2,152	1,767	1,381	1,390	1,798	1,972	1,982
Non-current operating lease liabilities
1,045	1,057	1,039	996	969	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes payable on real estate, net of unamortized debt issuance costs of $1,164 and $1,398 at September 30, 2015 and December 31, 2014, respectively
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27	23	19	-	16	54	67	68	68	94	158	189	168	243	220	206	313	366	427	461	460	499	390
Non-current tax liabilities
92	85	207	178	175	172	139	140	144	140	17	32	40	54	91	89	90	88	50	48	47	46	65	63	62	65	83	83	83	81	85	86	82	79	83	81	80	78	78	75	73
Deferred tax liabilities, net
50	34	21	51	126	107	187	187	165	147	125	96	78	70	85	85	85	100	204	167	152	42	125	134	143	160	211	192	187	191	163	158	166	148	28	-	-	-	-	-	-
Non-current income taxes payable
40	93	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	85	91	87	-	59	69	67	68	60	58	58	63	61	60	62	60	38	40	40	40	63	60	64
Other liabilities
461	454	436	447	447	596	632	547	550	543	553	546	527	524	436	476	460	430	337	320	325	440	335	322	305	295	263	253	267	274	255	239	217	220	212	156	132	128	108	108	115
Total Liabilities
9,510	9,924	9,481	9,328	9,488	8,446	8,204	8,018	7,488	7,543	7,800	7,023	6,668	7,722	7,795	7,018	6,968	8,258	6,965	4,956	5,320	5,266	5,347	5,297	4,815	5,062	4,341	4,636	5,181	6,127	5,249	5,141	5,137	5,801	5,057	4,043	3,643	4,055	4,118	4,110	4,255
Commitments and contingencies
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	-	-
CBRE Group, Inc. Stockholders’ Equity:
Class A common stock; $0.01 par value; 525,000,000 shares authorized; 335,145,077 and 334,752,283 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively
3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	-	3	3	3	3	3	3	3	3	3	3	3	3	3	3
Additional paid-in capital
1,026	1,115	1,140	1,162	1,126	1,149	1,277	1,278	1,246	1,220	1,192	1,199	1,159	1,145	1,124	1,131	1,115	1,106	1,080	1,067	1,052	1,039	1,022	1,010	995	981	969	970	979	960	940	908	895	882	871	854	837	814	792	777	755
Accumulated earnings
5,950	5,793	5,155	4,898	4,675	4,504	4,110	3,820	3,591	3,443	3,179	2,983	2,786	2,656	2,392	2,292	2,170	2,088	1,908	1,759	1,634	1,541	1,336	1,229	1,124	1,056	941	847	777	740	567	527	451	424	344	280	219	185	90	33	-15
Accumulated other comprehensive loss
-851	-679	-787	-717	-716	-718	-678	-648	-483	-552	-580	-646	-737	-791	-585	-572	-471	-485	-446	-370	-430	-324	-217	-111	-133	-146	-156	-201	-185	-165	-170	-184	-138	-158	136	-56	-64	-94	-112	-172	-115
Total CBRE Group, Inc. Stockholders’ Equity
6,129	6,232	5,511	5,346	5,089	4,938	4,712	4,453	4,357	4,114	3,795	3,539	3,211	3,014	2,935	2,855	2,817	2,712	2,545	2,459	2,259	2,259	2,145	2,132	1,989	1,895	1,758	1,620	1,575	1,539	1,340	1,254	1,212	1,151	1,082	1,083	996	908	773	641	629
Non-controlling interests
40	40	47	43	114	71	59	63	61	60	56	43	46	42	46	48	49	46	43	43	45	41	36	41	38	40	78	91	130	142	178	180	190	265	275	156	152	157	183	178	155
Total Equity
6,169	6,273	5,558	5,390	5,204	5,009	4,772	4,516	4,418	4,174	3,851	3,583	3,258	3,057	2,981	2,903	2,866	2,759	2,589	2,503	2,305	2,301	2,182	2,174	2,028	1,936	1,836	1,711	1,705	1,681	1,519	1,434	1,402	1,417	1,358	1,239	1,149	1,065	956	820	784
Total Liabilities and Equity
15,680	16,197	15,040	14,719	14,693	13,456	12,977	12,535	11,907	11,718	11,652	10,606	9,927	10,779	10,776	9,922	9,835	11,017	9,555	7,460	7,625	7,568	7,529	7,471	6,843	6,998	6,177	6,348	6,887	7,809	6,768	6,576	6,539	7,219	6,415	5,282	4,792	5,121	5,075	4,931	5,039