Legg mason, inc. (LMHA)
Balance Sheet / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Mar'13Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09
ASSETS
Current Assets
Cash and Cash Equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,196

1,375

1,261

1,283

1,139

1,465

1,427

1,548

1,539

1,084

Cash and cash equivalents of consolidated investment vehicles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41

37

44

30

26

42

-

-

-

-

Restricted Cash and Cash Equivalents, Current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

9

7

6

4

2

5

22

34

41

Receivables:
Investment advisory and related fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

351

366

374

344

315

349

352

332

297

293

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

77

29

59

40

32

211

220

231

229

306

Investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

390

400

353

328

301

334

410

386

356

336

Investment securities of consolidated investment vehicles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

95

82

73

79

66

37

-

-

-

-

Refundable income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

469

29

23

603

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

79

82

62

64

72

58

84

91

90

94

Other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54

59

60

56

59

57

61

58

66

99

Other assets of consolidated investment vehicles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

86

2

-

-

-

-

-

-

-

-

Assets, Current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,380

2,446

2,297

2,235

2,019

2,559

3,032

2,701

2,637

2,859

Property, Plant and Equipment, Net

138

144

147

149

150

153

-

148

-

151

156

-

160

165

170

163

167

172

175

179

183

182

187

189

-

277

286

294

333

344

361

374

384

380

367

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,871

3,876

3,882

3,891

3,896

3,902

3,908

3,913

3,918

3,922

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,313

1,311

1,314

1,315

1,305

1,315

1,318

1,301

1,207

1,186

Investments of consolidated investment vehicles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

298

312

286

284

288

13

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

220

232

248

216

242

280

321

752

753

759

Operating and Finance Lease, Right-of-Use Asset

295

308

324

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

231

240

244

246

233

189

145

144

146

136

TOTAL ASSETS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,592

8,707

8,568

8,523

8,331

8,622

9,100

9,196

9,044

9,232

LIABILITIES AND STOCKHOLDERS' EQUITY
LIABILITIES
Current Liabilities
Accrued compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

253

368

290

298

204

288

257

258

188

374

Short-term borrowings

-

-

-

-

-

-

-

125

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

207

207

207

203

219

399

395

389

396

400

Short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

250

250

250

250

250

251

251

250

250

Long-term Debt, Current Maturities

0

0

249

250

250

250

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50

0

0

2

2

3

5

556

7

7

8

Operating and FInance Lease, Liability, Current

77

76

77

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Business Combination, Contingent Consideration, Liability, Current

-

-

-

-

-

-

-

-

-

-

-

-

2

11

13

-

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fund support

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

5

20

Other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

68

87

74

89

86

109

147

156

145

227

Other current liabilities of consolidated investment vehicles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

133

54

48

43

38

0

-

-

-

-

Liabilities, Current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

915

968

874

886

802

1,054

1,608

1,064

994

1,281

Deferred compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66

92

83

111

110

137

126

134

99

105

Operating and Finance Lease Liability, Noncurrent

285

297

315

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

284

266

260

260

269

270

275

262

256

258

Business Combination, Contingent Consideration, Liability, Noncurrent

-

-

3

-

-

-

-

-

-

-

-

-

32

40

49

-

87

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

146

93

97

105

99

123

121

268

218

225

Long-term debt, net

1,972

1,972

1,971

1,971

1,971

1,970

-

2,221

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,107

1,201

1,190

1,181

1,172

1,165

1,156

1,698

2,738

2,732

Long-term debt of consolidated investment vehicles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

278

278

267

252

252

-

-

-

-

-

TOTAL LIABILITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,798

2,900

2,774

2,798

2,706

2,751

3,287

3,428

4,307

4,602

Commitments and Contingencies (Note 8)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

REDEEMABLE NONCONTROLLING INTERESTS

668

683

664

692

676

632

747

732

727

698

684

677

696

676

722

175

158

-

48

45

-

-

-

-

-

47

36

-

-

-

-

-

-

-

-

STOCKHOLDERS' EQUITY
Redeemable Noncontrolling Interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32

31

29

29

27

37

36

31

Common stock, par value $.10; authorized 500,000,000 shares; issued 85,533,667 shares for December 31, 2018 and 84,606,408 shares for March 31, 2017

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14

15

15

15

15

16

16

16

14

14

Preferred stock, par value $10; authorized 4,000,000 shares; no shares outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

0

Shares exchangeable into common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2

2

2

2

3

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,028

4,111

4,168

4,151

4,151

4,447

4,443

4,431

3,467

3,452

Employee stock trust

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34

34

34

34

34

33

33

33

33

35

Deferred compensation employee stock trust

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34

34

34

34

34

33

33

33

33

35

Retained Earnings (Accumulated Deficit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,587

1,539

1,479

1,427

1,358

1,316

1,258

1,218

1,177

1,131

AOCI Including Portion Attributable to Noncontrolling Interest, before Tax

-

-

-

-

-

-

-

-55

-

-

-

-

-

-

-

-66

-

-

-

-60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Appropriated retained earnings for consolidated investment vehicle

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

10

12

22

21

-

-

-

-

-

Accumulated other comprehensive income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

37

-

106

93

85

78

48

58

63

61

38

-2

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,746

5,770

5,762

5,694

5,595

5,841

5,785

5,730

4,700

4,598

Liabilities and Equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,592

8,707

8,568

8,523

8,331

8,622

9,100

9,196

9,044

9,232

Common Stock, Par or Stated Value Per Share

0.10

0.10

0.10

0.10

0.10

0.10

-

0.10

-

0.10

0.10

-

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

-

-

-

-

-

-

-

-

-

-

-

Common Stock, Shares Authorized

500

500

500

500

500

500

-

500

-

500

500

-

500

500

500

500

500

500

500

500

500

500

500

500

-

-

-

-

-

-

-

-

-

-

-

Common Stock, Shares, Issued

86

86

86

85

85

85

-

84

-

91

94

-

98

100

103

107

107

108

110

111

112

114

116

117

-

-

-

-

-

-

-

-

-

-

-

Liability, Defined Benefit Pension Plan, Noncurrent

30

28

29

33

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Defined Benefit Plan, Funded (Unfunded) Status of Plan

-

-

-

-

28

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consolidated Entity Excluding Consolidated Investment Vehicles Before Eliminations [Member]
Cash and Cash Equivalents

823

580

643

921

835

-

-

736

680

-

-

733

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted Cash and Cash Equivalents, Current

17

19

22

21

22

-

-

30

17

-

-

16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment securities

408

380

385

377

331

-

-

399

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

85

80

84

82

76

-

-

65

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets

157

156

144

145

149

-

-

134

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

101

110

87

99

93

-

-

204

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consolidated Investment Vehicles [Member]
Cash and Cash Equivalents

7

5

4

4

3

-

3

2

4

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment securities

105

162

135

129

142

-

-

140

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

0

1

1

1

5

-

-

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets

3

6

8

8

10

-

-

9

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

1

16

7

5

11

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

REDEEMABLE NONCONTROLLING INTERESTS

81

116

103

103

89

-

145

125

113

-

-

58

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consolidated Legg Mason, Inc.
Investment advisory and related fees

461

455

425

425

432

-

-

475

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other receivables

64

59

42

57

61

-

-

77

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets, Current

1,975

1,743

1,745

2,019

1,911

-

-

1,928

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, Plant and Equipment, Net

138

144

147

149

150

-

-

148

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

3,377

3,371

3,383

3,386

3,389

-

-

3,797

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

1,896

1,877

1,896

1,883

1,881

-

-

1,932

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

193

193

194

199

189

-

-

202

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL ASSETS

8,039

7,802

7,845

7,794

7,682

-

-

8,152

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued compensation

591

436

270

571

522

-

-

476

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts Payable and Accrued Liabilities, Current

159

145

174

182

203

-

-

175

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term borrowings

-

-

-

-

-

-

-

125

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities, Current

930

785

866

1,109

1,081

-

-

982

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred compensation

104

102

97

85

81

-

-

92

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

181

152

136

123

99

-

-

139

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Business Combination, Contingent Consideration, Liability, Noncurrent

-

-

-

-

1

-

-

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current liabilities

60

59

61

122

119

-

-

132

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt, net

1,972

1,972

1,971

1,971

1,971

-

-

2,221

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL LIABILITIES

3,536

3,370

3,449

3,412

3,352

-

-

3,568

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

REDEEMABLE NONCONTROLLING INTERESTS

668

683

664

692

676

-

-

732

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock, par value $.10; authorized 500,000,000 shares; issued 85,533,667 shares for December 31, 2018 and 84,606,408 shares for March 31, 2017

8

8

8

8

8

-

-

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

2,119

2,103

2,084

2,039

2,028

-

-

1,976

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Employee stock trust

20

20

20

21

21

-

-

21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred compensation employee stock trust

20

20

20

21

21

-

-

21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retained earnings

-

-

-

-

1,723

-

-

1,894

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retained Earnings (Accumulated Deficit)

1,804

1,777

1,748

1,742

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

AOCI Including Portion Attributable to Noncontrolling Interest, before Tax

-127

-170

-140

-131

-135

-

-

-55

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' Equity Attributable to Parent

3,804

3,719

3,700

3,659

3,625

-

3,827

3,824

3,805

-

-

3,983

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

3,835

3,749

3,731

3,689

3,652

-

3,855

3,852

3,833

-

-

4,011

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities and Equity

8,039

7,802

7,845

7,794

7,682

-

-

8,152

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Management Equity Plan [Member]
REDEEMABLE NONCONTROLLING INTERESTS

62

52

50

48

47

-

34

33

30

-

-

28

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-