2023 Q2 Form 10-Q Financial Statement
#000113811823000015 Filed on April 27, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
Revenue | $7.720B | $7.411B | $7.333B |
YoY Change | -0.66% | 1.07% | 23.47% |
Cost Of Revenue | $6.179B | $6.006B | $5.752B |
YoY Change | 2.07% | 4.42% | 21.88% |
Gross Profit | $1.540B | $1.405B | $1.581B |
YoY Change | -10.3% | -11.14% | 29.64% |
Gross Profit Margin | 19.95% | 18.95% | 21.56% |
Selling, General & Admin | $1.089B | $1.209B | $1.066B |
YoY Change | -8.41% | 13.41% | 28.7% |
% of Gross Profit | 70.69% | 86.06% | 67.44% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $154.4M | $161.5M | $149.0M |
YoY Change | -4.91% | 8.36% | 22.06% |
% of Gross Profit | 10.02% | 11.5% | 9.43% |
Operating Expenses | $1.243B | $1.370B | $1.215B |
YoY Change | -7.99% | 12.79% | 27.83% |
Operating Profit | $297.2M | $37.37M | $377.0M |
YoY Change | -42.51% | -90.09% | 40.09% |
Interest Expense | -$50.48M | $113.3M | $30.05M |
YoY Change | -150.16% | 276.99% | -59.12% |
% of Operating Profit | -16.99% | 303.14% | 7.97% |
Other Income/Expense, Net | $5.612M | $2.475M | -$14.46M |
YoY Change | -181.23% | -117.11% | -629.43% |
Pretax Income | $261.6M | $153.1M | $392.5M |
YoY Change | -57.17% | -60.99% | 13.68% |
Income Tax | $55.40M | $28.04M | -$3.738M |
% Of Pretax Income | 21.18% | 18.31% | -0.95% |
Net Earnings | $201.4M | $116.9M | $392.3M |
YoY Change | -58.67% | -70.2% | 47.37% |
Net Earnings / Revenue | 2.61% | 1.58% | 5.35% |
Basic Earnings Per Share | $0.65 | $0.38 | $1.18 |
Diluted Earnings Per Share | $0.64 | $0.37 | $1.16 |
COMMON SHARES | |||
Basic Shares Outstanding | 310.8M shares | 309.9M shares | 331.9M shares |
Diluted Shares Outstanding | 314.3M shares | 315.4M shares | 337.1M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.261B | $1.231B | $1.657B |
YoY Change | 5.73% | -25.7% | -13.23% |
Cash & Equivalents | $1.261B | $1.231B | $1.657B |
Short-Term Investments | |||
Other Short-Term Assets | $1.084B | $611.1M | $543.4M |
YoY Change | 62.06% | 12.46% | 70.5% |
Inventory | |||
Prepaid Expenses | $352.7M | $329.4M | $333.7M |
Receivables | $5.922B | $5.469B | $5.073B |
Other Receivables | $1.202B | $992.7M | $1.239B |
Total Short-Term Assets | $9.470B | $9.046B | $9.334B |
YoY Change | 6.73% | -3.08% | 18.05% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.932B | $833.3M | $792.7M |
YoY Change | 148.11% | 5.11% | 2.38% |
Goodwill | $5.044B | $4.934B | $4.977B |
YoY Change | 5.19% | -0.87% | 30.81% |
Intangibles | $2.130B | $2.153B | $2.339B |
YoY Change | -5.61% | -7.94% | 70.64% |
Long-Term Investments | $1.307B | $1.295B | $1.124B |
YoY Change | 8.74% | 15.19% | 64.72% |
Other Assets | $1.644B | $1.135B | $869.7M |
YoY Change | 80.15% | 30.46% | 16.17% |
Total Long-Term Assets | $12.26B | $11.98B | $11.81B |
YoY Change | 6.02% | 1.47% | 26.41% |
TOTAL ASSETS | |||
Total Short-Term Assets | $9.470B | $9.046B | $9.334B |
Total Long-Term Assets | $12.26B | $11.98B | $11.81B |
Total Assets | $21.73B | $21.03B | $21.14B |
YoY Change | 6.33% | -0.53% | 22.58% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.886B | $3.008B | $2.882B |
YoY Change | 2.15% | 4.39% | 16.72% |
Accrued Expenses | $2.622B | $2.576B | $2.706B |
YoY Change | -5.87% | -4.83% | 22.01% |
Deferred Revenue | $263.7M | $262.2M | $295.6M |
YoY Change | -6.49% | -11.3% | 69.5% |
Short-Term Debt | $1.586B | $1.992B | $1.413B |
YoY Change | 16.17% | 40.96% | 107.48% |
Long-Term Debt Due | $471.8M | $433.4M | $37.08M |
YoY Change | 1410.39% | 1069.04% | 2544.51% |
Total Short-Term Liabilities | $8.153B | $8.717B | $7.790B |
YoY Change | 6.94% | 11.91% | 34.94% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $2.124B | $1.086B | $1.526B |
YoY Change | 41.24% | -28.83% | -17.43% |
Other Long-Term Liabilities | $2.282B | $1.045B | $950.2M |
YoY Change | 162.54% | 9.95% | 56.07% |
Total Long-Term Liabilities | $4.405B | $2.131B | $2.476B |
YoY Change | 85.68% | -13.95% | 0.78% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $8.153B | $8.717B | $7.790B |
Total Long-Term Liabilities | $4.405B | $2.131B | $2.476B |
Total Liabilities | $13.63B | $12.39B | $11.86B |
YoY Change | 18.11% | 4.45% | 23.64% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $9.011B | $8.810B | $8.759B |
YoY Change | -0.81% | 0.58% | 28.88% |
Common Stock | $15.62M | $3.108M | $412.5M |
YoY Change | 384.91% | -99.25% | -59.43% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $8.098B | $7.860B | $8.470B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $21.73B | $21.03B | $21.14B |
YoY Change | 6.33% | -0.53% | 22.58% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $201.4M | $116.9M | $392.3M |
YoY Change | -58.67% | -70.2% | 47.37% |
Depreciation, Depletion And Amortization | $154.4M | $161.5M | $149.0M |
YoY Change | -4.91% | 8.36% | 22.06% |
Cash From Operating Activities | -$10.87M | -$744.8M | -$393.5M |
YoY Change | -102.39% | 89.26% | 103.42% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $74.73M | $60.28M | $42.06M |
YoY Change | -236.7% | 43.34% | 42.1% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$179.5M | -$4.074M | $4.487M |
YoY Change | 0.49% | -190.8% | -28143.75% |
Cash From Investing Activities | -$254.3M | -$115.1M | -$95.62M |
YoY Change | 8.97% | 20.34% | -50.69% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $367.9M | ||
YoY Change | 501.99% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 313.7M | $761.0M | -$209.0M |
YoY Change | -156.89% | -464.12% | -152.0% |
NET CHANGE | |||
Cash From Operating Activities | -10.87M | -$744.8M | -$393.5M |
Cash From Investing Activities | -254.3M | -$115.1M | -$95.62M |
Cash From Financing Activities | 313.7M | $761.0M | -$209.0M |
Net Change In Cash | 48.62M | -$85.06M | -$747.2M |
YoY Change | -114.72% | -88.62% | 1890.28% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$10.87M | -$744.8M | -$393.5M |
Capital Expenditures | $74.73M | $60.28M | $42.06M |
Free Cash Flow | -$85.60M | -$805.0M | -$435.6M |
YoY Change | -116.81% | 84.83% | 95.28% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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CBRE GROUP, INC. | |
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Q1 | |
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2100 McKinney Avenue | |
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Suite 1250 | |
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54761000 | usd |
CY2023Q1 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
154943000 | usd |
CY2022Q4 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
148806000 | usd |
CY2023Q1 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
276681000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
282073000 | usd |
CY2023Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1044749000 | usd |
CY2022Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1013926000 | usd |
CY2023Q1 | us-gaap |
Liabilities
Liabilities
|
12387687000 | usd |
CY2022Q4 | us-gaap |
Liabilities
Liabilities
|
11907657000 | usd |
CY2023Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
0 | usd |
CY2022Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
0 | usd |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
525000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
525000000 | shares |
CY2023Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
310786159 | shares |
CY2023Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
310786159 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
311014160 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
311014160 | shares |
CY2023Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
3108000 | usd |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
3110000 | usd |
CY2023Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
0 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
0 | usd |
CY2023Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
8809824000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
8832943000 | usd |
CY2023Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-953098000 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-982780000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7859834000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7853273000 | usd |
CY2023Q1 | us-gaap |
Minority Interest
MinorityInterest
|
782576000 | usd |
CY2022Q4 | us-gaap |
Minority Interest
MinorityInterest
|
752459000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8642410000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8605732000 | usd |
CY2023Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
21030097000 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
20513389000 | usd |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
7411114000 | usd |
CY2022Q1 | us-gaap |
Revenues
Revenues
|
7332933000 | usd |
CY2023Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
6006413000 | usd |
CY2022Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
5752194000 | usd |
CY2023Q1 | cbre |
Operating Administrative And Other Expenses
OperatingAdministrativeAndOtherExpenses
|
1208904000 | usd |
CY2022Q1 | cbre |
Operating Administrative And Other Expenses
OperatingAdministrativeAndOtherExpenses
|
1065996000 | usd |
CY2023Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
161491000 | usd |
CY2022Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
149032000 | usd |
CY2023Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd |
CY2022Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
10351000 | usd |
CY2023Q1 | cbre |
Cost And Expenses Excluding Gain On Disposition Of Real Estate Assets
CostAndExpensesExcludingGainOnDispositionOfRealEstateAssets
|
7376808000 | usd |
CY2022Q1 | cbre |
Cost And Expenses Excluding Gain On Disposition Of Real Estate Assets
CostAndExpensesExcludingGainOnDispositionOfRealEstateAssets
|
6977573000 | usd |
CY2023Q1 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
3059000 | usd |
CY2022Q1 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
21592000 | usd |
CY2023Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
37365000 | usd |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
376952000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
141682000 | usd |
CY2022Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
42871000 | usd |
CY2023Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2475000 | usd |
CY2022Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-14464000 | usd |
CY2023Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-28414000 | usd |
CY2022Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-12826000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
153108000 | usd |
CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
392533000 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
28036000 | usd |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-3738000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
125072000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
396271000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
8180000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
3974000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
116892000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
392297000 | usd |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.38 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.18 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
310464609 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
331925104 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.37 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.16 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
315358147 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
337140325 | shares |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
125072000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
396271000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
37734000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-81285000 | usd |
CY2023Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-110000 | usd |
CY2022Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-108000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-70000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-1731000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
5558000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
|
100000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
43332000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-82808000 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
168404000 | usd |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
313463000 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
21830000 | usd |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-18053000 | usd |
CY2023Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
146574000 | usd |
CY2022Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
331516000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
125072000 | usd |
CY2022Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
42871000 | usd |
CY2023Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
177710000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
396271000 | usd |
CY2023Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
161491000 | usd |
CY2022Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
149032000 | usd |
CY2023Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1161000 | usd |
CY2022Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1663000 | usd |
CY2023Q1 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
23481000 | usd |
CY2022Q1 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
28422000 | usd |
CY2023Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd |
CY2022Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
10351000 | usd |
CY2023Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-319000 | usd |
CY2022Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-16690000 | usd |
CY2023Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
3969000 | usd |
CY2022Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
3303000 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
18113000 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
36863000 | usd |
CY2023Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
141682000 | usd |
CY2022Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
146743000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
2166609000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
3336084000 | usd |
CY2023Q1 | us-gaap |
Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
|
2494589000 | usd |
CY2022Q1 | us-gaap |
Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
|
3221312000 | usd |
CY2023Q1 | cbre |
Increase Decrease In Warehouse Lines Of Credit
IncreaseDecreaseInWarehouseLinesOfCredit
|
334797000 | usd |
CY2022Q1 | cbre |
Increase Decrease In Warehouse Lines Of Credit
IncreaseDecreaseInWarehouseLinesOfCredit
|
-105326000 | usd |
CY2023Q1 | us-gaap |
Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
|
-528000 | usd |
CY2022Q1 | us-gaap |
Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
|
-2114000 | usd |
CY2023Q1 | us-gaap |
Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
|
2137000 | usd |
CY2022Q1 | us-gaap |
Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
|
8902000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
|
2120000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
|
20750000 | usd |
CY2023Q1 | cbre |
Increase Decrease In Real Estate Under Development
IncreaseDecreaseInRealEstateUnderDevelopment
|
5943000 | usd |
CY2022Q1 | cbre |
Increase Decrease In Real Estate Under Development
IncreaseDecreaseInRealEstateUnderDevelopment
|
41358000 | usd |
CY2023Q1 | cbre |
Increase Decrease In Receivables Prepaid Expenses And Other Assets Including Contract Assets
IncreaseDecreaseInReceivablesPrepaidExpensesAndOtherAssetsIncludingContractAssets
|
73437000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
44387000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
14794000 | usd |
CY2022Q1 | cbre |
Increase Decrease In Receivables Prepaid Expenses And Other Assets Including Contract Assets
IncreaseDecreaseInReceivablesPrepaidExpensesAndOtherAssetsIncludingContractAssets
|
156061000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-73960000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-108355000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-843509000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-725216000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
56713000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
-17722000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
21195000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
93270000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-744757000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-393507000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
60284000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
42056000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Business Two Net Of Cash Acquired
PaymentsToAcquireBusinessTwoNetOfCashAcquired
|
44653000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Business Two Net Of Cash Acquired
PaymentsToAcquireBusinessTwoNetOfCashAcquired
|
16792000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
28998000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
12101000 | usd |
CY2023Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-4074000 | usd |
CY2022Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
4487000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-115067000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-95621000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
1660000000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
210000000 | usd |
CY2023Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
629000000 | usd |
CY2022Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
0 | usd |
CY2023Q1 | cbre |
Proceeds From Notes Payable On Real Estate
ProceedsFromNotesPayableOnRealEstate
|
48000 | usd |
CY2022Q1 | cbre |
Proceeds From Notes Payable On Real Estate
ProceedsFromNotesPayableOnRealEstate
|
19368000 | usd |
CY2023Q1 | cbre |
Repayment Of Notes Payable On Real Estate
RepaymentOfNotesPayableOnRealEstate
|
0 | usd |
CY2022Q1 | cbre |
Repayment Of Notes Payable On Real Estate
RepaymentOfNotesPayableOnRealEstate
|
13954000 | usd |
CY2023Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
129808000 | usd |
CY2022Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
367863000 | usd |
CY2023Q1 | cbre |
Payments To Acquire Business Financing Activities
PaymentsToAcquireBusinessFinancingActivities
|
60034000 | usd |
CY2022Q1 | cbre |
Payments To Acquire Business Financing Activities
PaymentsToAcquireBusinessFinancingActivities
|
13556000 | usd |
CY2023Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
46161000 | usd |
CY2022Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
31395000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
567000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
210000 | usd |
CY2023Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
101000 | usd |
CY2022Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
213000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-34474000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-11606000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
761037000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-209009000 | usd |
CY2023Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
13727000 | usd |
CY2022Q1 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-49015000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-85060000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-747152000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1404849000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2539781000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1319789000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1792629000 | usd |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
39379000 | usd |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
12826000 | usd |
CY2023Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
82059000 | usd |
CY2022Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
88649000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8605732000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
125072000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
18113000 | usd |
CY2023Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
46161000 | usd |
CY2023Q1 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
114249000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
37734000 | usd |
CY2023Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-110000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-70000 | usd |
CY2023Q1 | cbre |
Noncontrolling Interest Increase From Contributions From Noncontrolling Interest Holders
NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterestHolders
|
567000 | usd |
CY2023Q1 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
Basis of Presentation<div style="margin-top:12pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Readers of this Quarterly Report on Form 10-Q (Quarterly Report) should refer to the audited financial statements and notes to consolidated financial statements of CBRE Group, Inc., a Delaware corporation (which may be referred to in these financial statements as “the company,” “we,” “us” and “our”), for the year ended December 31, 2022, which are included in our </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/1138118/000113811823000009/cbre-20221231.htm" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">2022 Annual Report on Form 10-K (2022 Annual Report)</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">,</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> filed with the United States Securities and Exchange Commission (SEC) and also available on our website (www.cbre.com), since we have omitted from this Quarterly Report certain footnote disclosures which would substantially duplicate those contained in such audited financial statements. You should also refer to Note 2, Significant Accounting Policies, in the notes to consolidated financial statements in our </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline"><a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/1138118/000113811823000009/cbre-20221231.htm" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">2022 Annual Report</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> for further discussion of our significant accounting policies and estimates.</span></div><div style="margin-top:12pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Considerations Related to Tightening Monetary Policy </span></div><div style="margin-top:9pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The macroeconomic environment remains challenging as central banks continue to rapidly raise interest rates. The rising rate environment, coupled with certain bank failures in the first quarter of 2023, has limited credit availability to all asset classes, including commercial real estate. Less available and more expensive debt capital has had pronounced effects on our capital markets (mortgage origination and property sales) businesses, making property acquisitions and dispositions harder to finance. Similar factors also impact the timing of and proceeds generated from asset sales within our investment management and development businesses and our ability to obtain debt capital to begin new development projects.</span></div><div style="margin-top:12pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Financial Statement Preparation</span></div><div style="margin-top:9pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying consolidated financial statements have been prepared in accordance with the rules applicable to quarterly reports on Form 10-Q and include all information and footnotes required for interim financial statement presentation, but do not include all disclosures required under accounting principles generally accepted in the United States (U.S.), or General Accepted Accounting Principles (GAAP), for annual financial statements. In our opinion, all adjustments (consisting of normal recurring adjustments, except as otherwise noted) considered necessary for a fair presentation have been included. The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions about future events, such as weakening global macroeconomic conditions and stress in the banking system, including less available and more expensive debt capital. These estimates and the underlying assumptions affect the reported amounts of assets, liabilities, revenues and expenses. Such estimates include the value of goodwill, intangibles and other long-lived assets, real estate assets, accounts receivable, contract assets, operating lease assets, investments in unconsolidated subsidiaries and assumptions used in the calculation of income taxes, retirement and other post-employment benefits, among others. These estimates and assumptions are based on our best judgment. We evaluate our estimates and assumptions on an ongoing basis using historical experience and other factors, including consideration of the current economic environment, and adjust such estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in these estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods.</span></div> | |
CY2023Q1 | cbre |
Loan Receivable Mortgage Warehouse Lending Current
LoanReceivableMortgageWarehouseLendingCurrent
|
792294000 | usd |
CY2023Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
101000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-15663000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8642410000 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9359117000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
396271000 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
36863000 | usd |
CY2022Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
31395000 | usd |
CY2022Q1 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
390863000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-81285000 | usd |
CY2022Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-108000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-1731000 | usd |
CY2022Q1 | cbre |
Noncontrolling Interest Increase From Contributions From Noncontrolling Interest Holders
NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterestHolders
|
210000 | usd |
CY2022Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
213000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
4257000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9282825000 | usd |
CY2023Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions about future events, such as weakening global macroeconomic conditions and stress in the banking system, including less available and more expensive debt capital. These estimates and the underlying assumptions affect the reported amounts of assets, liabilities, revenues and expenses. Such estimates include the value of goodwill, intangibles and other long-lived assets, real estate assets, accounts receivable, contract assets, operating lease assets, investments in unconsolidated subsidiaries and assumptions used in the calculation of income taxes, retirement and other post-employment benefits, among others. These estimates and assumptions are based on our best judgment. We evaluate our estimates and assumptions on an ongoing basis using historical experience and other factors, including consideration of the current economic environment, and adjust such estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in these estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods. | |
CY2022Q4 | cbre |
Loan Receivable Mortgage Warehouse Lending Current
LoanReceivableMortgageWarehouseLendingCurrent
|
455354000 | usd |
CY2023Q1 | us-gaap |
Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
|
2494589000 | usd |
CY2023Q1 | us-gaap |
Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
|
6807000 | usd |
CY2023Q1 | cbre |
Sale Of Mortgage Loans Held For Sale
SaleOfMortgageLoansHeldForSale
|
2159802000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
|
6807000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
2166609000 | usd |
CY2023Q1 | cbre |
Net Increase Decrease In Mortgage Servicing Rights Included In Warehouse Receivables
NetIncreaseDecreaseInMortgageServicingRightsIncludedInWarehouseReceivables
|
2153000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
100700000 | usd |
CY2023Q1 | us-gaap |
Fair Value Investments Entities That Calculate Net Asset Value Per Share Planned Sale Investments Not Identified Value
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerSharePlannedSaleInvestmentsNotIdentifiedValue
|
359900000 | usd |
CY2022Q4 | us-gaap |
Fair Value Investments Entities That Calculate Net Asset Value Per Share Planned Sale Investments Not Identified Value
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerSharePlannedSaleInvestmentsNotIdentifiedValue
|
353000000 | usd |
CY2022Q4 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
|
14452000 | usd |
CY2023Q1 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Transfers Out Of Level3
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationTransfersOutOfLevel3
|
0 | usd |
CY2023Q1 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
|
-3400000 | usd |
CY2023Q1 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
|
2593000 | usd |
CY2023Q1 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
|
20445000 | usd |
CY2023Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd |
CY2022Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
10400000 | usd |
CY2022Q4 | us-gaap |
Assets Designated To Closed Block Trading Securities Debt
AssetsDesignatedToClosedBlockTradingSecuritiesDebt
|
10000000 | usd |
CY2023Q1 | cbre |
Notes Payable On Real Estate
NotesPayableOnRealEstate
|
55900000 | usd |
CY2022Q4 | cbre |
Notes Payable On Real Estate
NotesPayableOnRealEstate
|
52700000 | usd |
CY2023Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
1295088000 | usd |
CY2022Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
1317705000 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1525585000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1519642000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
433433000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
427792000 | usd |
CY2023Q1 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
5884000 | usd |
CY2022Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
6138000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1086268000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1085712000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
980741000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1033011000 | usd |
CY2023Q1 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
90509000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
91028000 | usd |
CY2023Q1 | cbre |
Operating And Finance Lease Right Of Use Asset
OperatingAndFinanceLeaseRightOfUseAsset
|
1071250000 | usd |
CY2022Q4 | cbre |
Operating And Finance Lease Right Of Use Asset
OperatingAndFinanceLeaseRightOfUseAsset
|
1124039000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
232369000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
229591000 | usd |
CY2023Q1 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
33984000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
33039000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1052823000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1080385000 | usd |
CY2023Q1 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
57124000 | usd |
CY2022Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
58094000 | usd |
CY2023Q1 | cbre |
Operating And Financing Lease Liability
OperatingAndFinancingLeaseLiability
|
1376300000 | usd |
CY2022Q4 | cbre |
Operating And Financing Lease Liability
OperatingAndFinancingLeaseLiability
|
1401109000 | usd |
CY2023Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
215200000 | usd |
CY2023Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
215200000 | usd |
CY2023Q1 | cbre |
Guarantor Obligations Maximum Exposure Undiscounted
GuarantorObligationsMaximumExposureUndiscounted
|
388900000 | usd |
CY2023Q1 | cbre |
Guarantor Obligations Maximum Exposure Undiscounted
GuarantorObligationsMaximumExposureUndiscounted
|
388900000 | usd |
CY2023Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
39998000 | usd |
CY2022Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
14784000 | usd |
CY2023Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
8004000 | usd |
CY2022Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
9415000 | usd |
CY2023Q1 | cbre |
Other Noncash Increases Decreases In Operating Lease Right Of Use Assets
OtherNoncashIncreasesDecreasesInOperatingLeaseRightOfUseAssets
|
-52701000 | usd |
CY2022Q1 | cbre |
Other Noncash Increases Decreases In Operating Lease Right Of Use Assets
OtherNoncashIncreasesDecreasesInOperatingLeaseRightOfUseAssets
|
25346000 | usd |
CY2023Q1 | cbre |
Other Noncash Increases Decreases In Finance Lease Right Of Use Assets
OtherNoncashIncreasesDecreasesInFinanceLeaseRightOfUseAssets
|
151000 | usd |
CY2022Q1 | cbre |
Other Noncash Increases Decreases In Finance Lease Right Of Use Assets
OtherNoncashIncreasesDecreasesInFinanceLeaseRightOfUseAssets
|
-989000 | usd |
CY2023Q1 | cbre |
Funded Loan Principal Amount Outstanding
FundedLoanPrincipalAmountOutstanding
|
39500000000 | usd |
CY2023Q1 | cbre |
Loan Loss Sharing Reserve
LoanLossSharingReserve
|
66200000 | usd |
CY2022Q4 | cbre |
Loan Loss Sharing Reserve
LoanLossSharingReserve
|
65100000 | usd |
CY2023Q1 | cbre |
Assets Available For Recourse
AssetsAvailableForRecourse
|
894600000 | usd |
CY2023Q1 | cbre |
Investment Funds Maximum Equity In Real Estate Investment Percent
InvestmentFundsMaximumEquityInRealEstateInvestmentPercent
|
0.020 | |
CY2023Q1 | cbre |
Commitments To Investment In Future Real Estate Investment
CommitmentsToInvestmentInFutureRealEstateInvestment
|
93100000 | usd |
CY2023Q1 | cbre |
Real Estate Investments Maximum Equity In Real Estate Investment Percent
RealEstateInvestmentsMaximumEquityInRealEstateInvestmentPercent
|
0.50 | |
CY2023Q1 | cbre |
Other Commitment Capital Investment In Consolidated Projects
OtherCommitmentCapitalInvestmentInConsolidatedProjects
|
135300000 | usd |
CY2023Q1 | cbre |
Other Commitment Capital Investment In Unconsolidated Entity
OtherCommitmentCapitalInvestmentInUnconsolidatedEntity
|
96700000 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
28000000 | usd |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-3700000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
|
31800000 | usd |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.183 | |
CY2022Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.010 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2023Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
399700000 | usd |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
391400000 | usd |
CY2023Q1 | us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
8300000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
116892000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
392297000 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
310464609 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
331925104 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.38 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.18 | |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
116892000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
392297000 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
310464609 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
331925104 | shares |
CY2023Q1 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
4893538 | shares |
CY2022Q1 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
5215221 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
315358147 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
337140325 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.37 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.16 | |
CY2023Q1 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
2000000000 | usd |
CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
7302479000 | usd |
CY2023Q1 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
108635000 | usd |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
7411114000 | usd |
CY2022Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
7168411000 | usd |
CY2022Q1 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
164522000 | usd |
CY2022Q1 | us-gaap |
Revenues
Revenues
|
7332933000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
522700000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
384000000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
529100000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
391600000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
268800000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
262200000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
284300000 | usd |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
276300000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
-183200000 | usd |
CY2023Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
7411114000 | usd |
CY2022Q1 | us-gaap |
Revenues
Revenues
|
7332933000 | usd |
CY2023Q1 | cbre |
Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
|
630886000 | usd |
CY2022Q1 | cbre |
Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
|
835442000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
116892000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
392297000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
8180000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
3974000 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
125072000 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
396271000 | usd |
CY2023Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
161491000 | usd |
CY2022Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
149032000 | usd |
CY2023Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd |
CY2022Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
10351000 | usd |
CY2023Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-28414000 | usd |
CY2022Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-12826000 | usd |
CY2023Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
28036000 | usd |
CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-3738000 | usd |
CY2023Q1 | cbre |
Carried Interest Incentive Compensation Expense Reversal
CarriedInterestIncentiveCompensationExpenseReversal
|
6978000 | usd |
CY2022Q1 | cbre |
Carried Interest Incentive Compensation Expense Reversal
CarriedInterestIncentiveCompensationExpenseReversal
|
22856000 | usd |
CY2023Q1 | cbre |
Impact Of Fair Value Adjustments To Assets Acquired In Business
ImpactOfFairValueAdjustmentsToAssetsAcquiredInBusiness
|
0 | usd |
CY2022Q1 | cbre |
Impact Of Fair Value Adjustments To Assets Acquired In Business
ImpactOfFairValueAdjustmentsToAssetsAcquiredInBusiness
|
-1696000 | usd |
CY2023Q1 | us-gaap |
Restructuring Costs
RestructuringCosts
|
0 | usd |
CY2022Q1 | us-gaap |
Restructuring Costs
RestructuringCosts
|
1676000 | usd |
CY2023Q1 | us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
18134000 | usd |
CY2022Q1 | us-gaap |
Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
|
8121000 | usd |
CY2023Q1 | cbre |
Costs Associated With Efficiency And Cost Reduction Initiatives
CostsAssociatedWithEfficiencyAndCostReductionInitiatives
|
138247000 | usd |
CY2022Q1 | cbre |
Costs Associated With Efficiency And Cost Reduction Initiatives
CostsAssociatedWithEfficiencyAndCostReductionInitiatives
|
0 | usd |
CY2023Q1 | cbre |
Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
|
630886000 | usd |
CY2022Q1 | cbre |
Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
|
835442000 | usd |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
7411114000 | usd |
CY2022Q1 | us-gaap |
Revenues
Revenues
|
7332933000 | usd |
CY2023Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
138200000 | usd |