v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 1,683 $ 1,864
Restricted cash 137 150
Receivables, less allowance for doubtful accounts of $152 and $125 at September 30, 2026 and December 31, 2025, respectively 9,048 8,284
Warehouse receivables 945 1,630
Contract assets 565 462
Prepaid expenses 422 372
Income taxes receivable 186 175
Other current assets 679 552
Total Current Assets 13,665 13,489
Property and equipment, net of accumulated depreciation and amortization of $2,332 and $2,137 at September 30, 2026 and December 31, 2025, respectively 1,075 1,049
Goodwill 6,992 7,051
Other intangible assets, net of accumulated amortization of $3,015 and $2,764 at September 30, 2026 and December 31, 2025, respectively 2,770 2,972
Operating lease assets 2,184 2,062
Investments in unconsolidated subsidiaries (with $480 and $421 at fair value at September 30, 2026 and December 31, 2025, respectively) 913 870
Non-current contract assets 71 103
Real estate under development 1,048 646
Non-current income taxes receivable 122 106
Deferred tax assets, net 756 697
Other assets 1,733 1,832
Total assets 31,329 30,877
Current Liabilities:    
Accounts payable and accrued expenses 5,006 4,838
Compensation and employee benefits payable 1,594 1,630
Accrued bonus and profit sharing 1,579 1,879
Operating lease liabilities 331 284
Contract liabilities 489 448
Income taxes payable 76 258
Warehouse lines of credit (which fund loans that U.S. Government Sponsored Enterprises have committed to purchase) 936 1,609
Other short-term borrowings 1,199 856
Current maturities of long-term debt 69 71
Other current liabilities 399 447
Total Current Liabilities 11,678 12,320
Long-term debt, net of current maturities 5,710 5,050
Non-current operating lease liabilities 2,222 2,121
Non-current tax liabilities 213 183
Deferred tax liabilities, net 229 238
Other liabilities 1,800 1,339
Total liabilities 21,852 21,251
Mezzanine Equity:    
Redeemable non-controlling interests in consolidated entities 461 433
CBRE Group, Inc. Stockholders’ Equity:    
Class A common stock; $0.01 par value; 525,000,000 shares authorized; 288,369,766 and 295,731,478 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively 3 3
Additional paid-in capital 0 0
Accumulated earnings 9,783 9,916
Accumulated other comprehensive loss (1,114) (1,041)
Total CBRE Group, Inc. Stockholders’ Equity 8,672 8,878
Non-controlling interests 344 315
Total Equity 9,016 9,193
Total Liabilities and Equity $ 31,329 $ 30,877