Oaktree Capital Group, LLC OAK Balance Sheet

Oaktree capital group, llc (OAK)

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
Assets
Cash and cash-equivalents
-	-	-	-	-	-	856	846	1,049	959	1,236	1,201	924	959	-	403	342	3,331	421	310	437	408	599	413	563	390	304	196	687	458	310	279	276	297
U.S. Treasury and other securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	684	618	-	656	681	570	655	480	405	360	676	706	938	350	370	360	376	371	381
Corporate investments (includes $56,377 and $50,778 measured at fair value as of March 31, 2018 and December 31, 2017, respectively)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,036	1,045	-	173	176	167	187	140	168	178	169	90	84	95	98	128	126	125	121
Due from affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	117	211	-	37	41	42	46	47	41	48	47	49	50	52	44	41	44	39	31
Deferred tax assets
-	-	-	-	-	229	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	72
Deferred tax assets
-	-	-	-	-	-	-	-	-	202	-	-	-	404	-	426	425	425	430	430	430	357	373	373	373	278	293	293	159	159	168	168	72	68
Other assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	186	217	-	257	261	284	282	234	150	132	208	176	129	125	127	117	117	123	110
Investments, at fair value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,302	3,033	-	47,684	48,645	48,734	46,533	45,304	45,394	42,527	39,911	38,764	37,568	37,792	38,372	40,655	38,835	-	38,614
Receivable for securities sold
28	65	76	64	225	74	55	62	62	98	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Derivative assets, at fair value
11	6	-	-	-	6	4	4	9	5	4	3	11	16	1	5	2	204	159	124	418	320	384	-	-	107	-	-	-	-	-	-	-	-
Total assets
8,612	9,264	11,739	10,679	10,555	10,432	9,430	9,051	9,122	9,014	8,866	8,514	8,130	7,649	7,099	6,624	6,358	51,762	54,858	55,211	55,037	53,344	52,647	51,249	48,429	45,263	44,701	43,895	44,917	43,869	46,809	44,770	45,498	44,294
Liabilities and Unitholders’ Capital
Liabilities:
Accrued compensation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	169	129	-	225	180	147	294	246	174	152	278	187	143	139	118	175	123	95	185
Accounts payable, accrued expenses and other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	141	152	-	122	124	140	148	132	86	82	79	74	78	84	95	61	48	70	63
Due to affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	358	357	-	370	371	371	309	321	322	321	242	250	249	136	136	140	140	58	57
Operating lease liabilities
42	-	131	135	139	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities sold short, at fair value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	121	-	-	-	-	-	-	120	102	122	126	162	188	-	213
Derivative liabilities, at fair value
27	4	-	-	-	2	10	11	37	21	18	13	6	8	13	17	17	304	739	484	388	259	100	-	-	160	-	-	-	-	-	-	-	-
Borrowings under credit facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	218	-	-
Debt obligations of CLOs
-	-	971	909	865	-	863	863	862	-	861	-	-	-	-	795	845	-	850	850	850	850	850	600	610	579	585	591	608	615	618	626	644	652
Debt obligations of CLOs
-	-	971	909	865	-	863	863	862	-	861	-	-	-	-	-	-	-	850	850	850	850	850	600	610	579	585	591	608	615	618	626	644	652
Total liabilities
6,179	6,696	8,527	7,162	7,029	6,982	6,310	6,105	6,203	6,133	6,248	5,917	5,753	5,419	4,964	4,631	4,462	11,781	12,095	11,110	10,381	9,822	8,333	7,100	6,512	4,720	4,819	4,176	3,285	2,805	2,435	2,057	2,534	2,121
Commitments and contingencies (Note 17)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non-controlling redeemable interests in consolidated funds
1,023	866	1,081	1,093	1,040	961	696	795	861	860	609	497	453	344	319	249	201	38,173	40,940	42,213	42,751	41,681	42,463	42,376	40,150	38,834	38,329	38,105	40,100	39,670	43,103	41,458	41,761	41,048
Unitholders’ capital:
Paid-in capital
777	750	1,166	937	897	893	881	871	866	788	773	763	759	749	741	730	724	735	598	600	571	536	557	578	617	590	614	670	613	645	659	682	624	634
Retained earnings (accumulated deficit)
-137	51	0	60	94	100	76	62	99	80	102	141	69	54	36	14	0	0	0	13	49	11	-13	-31	-63	-114	-179	-222	-279	-336	-376	-401	-426	-444
Accumulated other comprehensive loss
-8	-3	-1	2	2	1	0	0	0	0	-1	-0	-0	1	0	0	-0	-1	-1	-1	-2	-1	-1	-0	-1	-1	-1	-1	-2	-1	-1	-2	-1	-1
Unitholders’ capital attributable to Oaktree Capital Group, LLC
1,031	1,198	1,565	1,400	1,395	1,395	1,359	1,108	966	868	875	904	829	805	777	745	723	733	597	613	619	546	543	545	553	474	433	446	332	306	281	278	196	188
Non-controlling interests in consolidated subsidiaries
378	503	564	1,022	1,089	1,092	1,056	1,035	1,079	1,121	1,104	1,166	1,064	1,050	1,007	969	942	1,043	31	31	30	1,265	1,258	1,180	1,212	0	1,117	1,167	1,199	1,087	988	975	1,005	935
Non-controlling interests in consolidated funds
-	-	-	-	-	-	6	6	10	30	28	28	29	28	28	-	-	30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total unitholders’ capital
1,410	1,702	2,129	2,423	2,484	2,487	2,422	2,150	2,057	2,020	2,009	2,099	1,923	1,885	1,814	1,744	1,694	1,808	1,821	1,888	1,904	1,840	1,850	1,772	1,766	1,708	1,551	1,613	1,531	1,393	1,270	1,254	1,202	1,124
Total liabilities and unitholders’ capital
8,612	9,264	11,739	10,679	10,555	10,432	9,430	9,051	9,122	9,014	8,866	8,514	8,130	7,649	7,099	6,624	6,358	51,762	54,858	55,211	55,037	53,344	52,647	51,249	48,429	45,263	44,701	43,895	44,917	43,869	46,809	44,770	45,498	44,294
Consolidated Funds
Cash and cash-equivalents
-	-	615	403	313	370	312	286	414	477	530	601	561	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash and cash-equivalents
646	518	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-	-	9	5	6	0	0	0	1	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets, net
23	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments, Fair Value Disclosure
-	-	8,266	6,939	6,770	6,531	6,000	5,744	5,717	5,660	5,195	4,739	4,561	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments, at fair value
6,754	7,358	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends and interest receivable
26	25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends and interest receivable
-	-	29	29	28	26	22	20	22	21	17	14	16	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Due from brokers
8	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Due from brokers
-	-	0	0	0	11	17	57	62	54	53	65	49	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivable for securities sold
138	58	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivable for securities sold
-	-	75	64	85	65	69	121	78	141	180	142	139	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Derivative assets, at fair value
8	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Derivative assets, at fair value
-	-	-	-	-	2	1	2	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total assets
7,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable, accrued expenses and other liabilities
-	-	76	29	35	31	27	23	20	18	20	24	22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable, accrued expenses and other liabilities
92	89	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payables for securities purchased
369	367	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payables for securities purchased
-	-	467	443	523	450	359	552	590	580	663	537	626	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Derivative liabilities, at fair value
27	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities sold short, at fair value
-	-	0	0	0	2	19	49	69	86	74	81	62	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Derivative Liability
-	-	-	-	-	0	0	0	2	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions payable
0	34	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions payable
-	-	0	0	2	4	82	7	6	7	8	3	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings under credit facilities
262	158	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings under credit facilities
-	-	971	909	865	864	863	863	862	862	861	738	575	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term Debt
-	-	5,553	4,312	4,159	4,127	3,648	3,319	3,318	3,219	3,151	3,100	3,060	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt obligations of CLOs
5,230	5,767	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total liabilities
5,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-controlling redeemable interests in consolidated funds
1,023	866	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oaktree Capital Group Excluding Consolidated Funds
Cash and cash-equivalents
236	323	356	699	500	460	543	559	634	481	705	600	362	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
U.S. Treasury and other securities
8	9	24	387	457	546	469	272	229	176	324	555	596	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Corporate investments (includes $29,736 and $34,934 measured at fair value as of March 31, 2020 and December 31, 2019, respectively)
633	709	1,141	1,154	1,157	1,209	1,055	1,011	1,002	1,009	1,054	1,016	1,057	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Due from affiliates
49	164	152	134	361	442	149	148	153	223	147	132	136	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax assets
1	3	-	-	-	229	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax assets
-	-	441	229	229	-	243	243	243	202	405	405	404	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets
37	39	102	105	109	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets, net
38	41	523	526	534	533	543	582	562	564	251	239	241	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments, at fair value
29	34	50	73	79	74	70	60	56	50	120	99	105	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Derivative assets, at fair value
-	-	-	-	-	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued compensation expense
79	130	245	283	246	437	228	172	201	274	205	181	152	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable, accrued expenses and other liabilities
13	11	156	112	122	128	143	158	173	158	174	161	158	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Due to affiliates
62	87	179	188	189	188	192	211	211	177	342	341	343	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities
42	45	131	135	139	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Derivative Liability
-	-	-	-	-	-	10	11	34	20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt obligations of CLOs
0	0	746	746	746	745	745	745	745	746	746	746	746	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series A Preferred Units
Preferred stock
173	173	173	173	173	173	173	173	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series B Preferred Units
Preferred stock
226	226	226	226	226	226	226	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class A Units
Common stock
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class B Units
Common stock
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-