v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 1,489 $ 1,864
Restricted cash 150 150
Receivables, less allowance for doubtful accounts of $136 and $125 at June 30, 2026 and December 31, 2025, respectively 8,783 8,284
Warehouse receivables 722 1,630
Contract assets 520 462
Prepaid expenses 408 372
Income taxes receivable 192 175
Other current assets 648 552
Total Current Assets 12,912 13,489
Property and equipment, net of accumulated depreciation and amortization of $2,280 and $2,137 at June 30, 2026 and December 31, 2025, respectively 1,043 1,049
Goodwill 6,998 7,051
Other intangible assets, net of accumulated amortization of $2,933 and $2,764 at June 30, 2026 and December 31, 2025, respectively 2,844 2,972
Operating lease assets 2,117 2,062
Investments in unconsolidated subsidiaries (with $425 and $421 at fair value at June 30, 2026 and December 31, 2025, respectively) 853 870
Non-current contract assets 72 103
Real estate under development 982 646
Non-current income taxes receivable 103 106
Deferred tax assets, net 716 697
Other assets 1,831 1,832
Total assets 30,471 30,877
Current Liabilities:    
Accounts payable and accrued expenses 4,934 4,838
Compensation and employee benefits payable 1,635 1,630
Accrued bonus and profit sharing 1,147 1,879
Operating lease liabilities 323 284
Contract liabilities 469 448
Income taxes payable 55 258
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase) 711 1,609
Other short-term borrowings 1,582 856
Current maturities of long-term debt 69 71
Other current liabilities 392 447
Total Current Liabilities 11,317 12,320
Long-term debt, net of current maturities 5,731 5,050
Non-current operating lease liabilities 2,161 2,121
Non-current tax liabilities 204 183
Deferred tax liabilities, net 246 238
Other liabilities 1,638 1,339
Total liabilities 21,297 21,251
Mezzanine Equity:    
Redeemable non-controlling interests in consolidated entities 454 433
CBRE Group, Inc. Stockholders’ Equity:    
Class A common stock; $0.01 par value; 525,000,000 shares authorized; 289,848,678 and 295,731,478 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 3 3
Additional paid-in capital 0 0
Accumulated earnings 9,512 9,916
Accumulated other comprehensive loss (1,117) (1,041)
Total CBRE Group, Inc. Stockholders’ Equity 8,398 8,878
Non-controlling interests 322 315
Total Equity 8,720 9,193
Total Liabilities and Equity $ 30,471 $ 30,877