2024 Q3 Form 10-Q Financial Statement
#000113811824000023 Filed on July 25, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
Revenue | $9.036B | $8.391B |
YoY Change | 14.84% | 8.69% |
Cost Of Revenue | $7.252B | $6.793B |
YoY Change | 13.37% | 9.93% |
Gross Profit | $1.784B | $1.598B |
YoY Change | 21.26% | 3.74% |
Gross Profit Margin | 19.74% | 19.04% |
Selling, General & Admin | $1.192B | $1.140B |
YoY Change | 12.61% | 4.72% |
% of Gross Profit | 66.79% | 71.35% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $178.0M | $161.0M |
YoY Change | 19.33% | 4.28% |
% of Gross Profit | 9.98% | 10.08% |
Operating Expenses | $1.370B | $1.301B |
YoY Change | 13.44% | 4.67% |
Operating Profit | $368.0M | $246.0M |
YoY Change | 36.58% | -17.22% |
Interest Expense | -$68.00M | -$78.00M |
YoY Change | 31.87% | 54.5% |
% of Operating Profit | -18.48% | -31.71% |
Other Income/Expense, Net | $12.00M | $6.000M |
YoY Change | -11.95% | 6.91% |
Pretax Income | $312.0M | $174.0M |
YoY Change | 34.78% | -33.48% |
Income Tax | $67.00M | $32.00M |
% Of Pretax Income | 21.47% | 18.39% |
Net Earnings | $225.0M | $130.0M |
YoY Change | 18.08% | -35.45% |
Net Earnings / Revenue | 2.49% | 1.55% |
Basic Earnings Per Share | $0.73 | $0.42 |
Diluted Earnings Per Share | $0.73 | $0.42 |
COMMON SHARES | ||
Basic Shares Outstanding | 306.4M shares | 306.8M shares |
Diluted Shares Outstanding | 308.3M shares | 308.0M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $1.025B | $928.0M |
YoY Change | -18.14% | -26.42% |
Cash & Equivalents | $1.025B | $928.0M |
Short-Term Investments | ||
Other Short-Term Assets | $302.0M | $357.0M |
YoY Change | -11.98% | -67.06% |
Inventory | ||
Prepaid Expenses | $361.0M | $342.0M |
Receivables | $6.705B | $6.304B |
Other Receivables | $1.595B | $1.163B |
Total Short-Term Assets | $10.62B | $9.653B |
YoY Change | 13.82% | 1.94% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $936.0M | $895.0M |
YoY Change | 9.89% | -53.67% |
Goodwill | $5.778B | $5.667B |
YoY Change | 16.46% | 12.36% |
Intangibles | $2.372B | $2.385B |
YoY Change | 14.9% | 11.98% |
Long-Term Investments | $1.334B | $1.309B |
YoY Change | 1.34% | 0.17% |
Other Assets | $1.674B | $1.634B |
YoY Change | 35.33% | -0.62% |
Total Long-Term Assets | $14.23B | $13.81B |
YoY Change | 15.11% | 12.61% |
TOTAL ASSETS | ||
Total Short-Term Assets | $10.62B | $9.653B |
Total Long-Term Assets | $14.23B | $13.81B |
Total Assets | $24.85B | $23.46B |
YoY Change | 14.56% | 7.96% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $3.851B | $3.568B |
YoY Change | 32.73% | 23.62% |
Accrued Expenses | $2.693B | $2.448B |
YoY Change | -0.45% | -6.65% |
Deferred Revenue | $329.0M | $311.0M |
YoY Change | 25.05% | 17.94% |
Short-Term Debt | $2.109B | $1.908B |
YoY Change | 26.14% | 20.27% |
Long-Term Debt Due | $38.00M | $28.00M |
YoY Change | -94.07% | |
Total Short-Term Liabilities | $9.430B | $8.629B |
YoY Change | 19.87% | 5.84% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $3.277B | $3.272B |
YoY Change | 17.21% | 54.08% |
Other Long-Term Liabilities | $969.0M | $885.0M |
YoY Change | -8.98% | -61.21% |
Total Long-Term Liabilities | $4.246B | $4.157B |
YoY Change | 9.99% | -5.64% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $9.430B | $8.629B |
Total Long-Term Liabilities | $4.246B | $4.157B |
Total Liabilities | $15.29B | $14.27B |
YoY Change | 15.59% | 4.69% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $9.584B | $9.384B |
YoY Change | 9.85% | 4.14% |
Common Stock | $3.000M | $3.000M |
YoY Change | -1.57% | -80.79% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $8.692B | $8.356B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $24.85B | $23.46B |
YoY Change | 14.56% | 7.96% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $225.0M | $130.0M |
YoY Change | 18.08% | -35.45% |
Depreciation, Depletion And Amortization | $178.0M | $161.0M |
YoY Change | 19.33% | 4.28% |
Cash From Operating Activities | $573.0M | $287.0M |
YoY Change | 49.9% | -2740.78% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $79.00M | $67.00M |
YoY Change | 3.6% | -10.34% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$108.0M | -$340.0M |
YoY Change | 17.96% | 89.39% |
Cash From Investing Activities | -$187.0M | -$407.0M |
YoY Change | 11.43% | 60.08% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -315.0M | 50.00M |
YoY Change | 86.99% | -84.06% |
NET CHANGE | ||
Cash From Operating Activities | 573.0M | 287.0M |
Cash From Investing Activities | -187.0M | -407.0M |
Cash From Financing Activities | -315.0M | 50.00M |
Net Change In Cash | 71.00M | -70.00M |
YoY Change | 54.41% | -243.97% |
FREE CASH FLOW | ||
Cash From Operating Activities | $573.0M | $287.0M |
Capital Expenditures | $79.00M | $67.00M |
Free Cash Flow | $494.0M | $220.0M |
YoY Change | 61.44% | -357.02% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Revenues
Revenues
|
15131000000 | usd | |
cbre |
Convertible Preferred Stock Relevant Measurement Period Following Merger
ConvertiblePreferredStockRelevantMeasurementPeriodFollowingMerger
|
P7Y | ||
CY2023Q4 | us-gaap |
Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent | |
CY2024Q2 | us-gaap |
Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List
FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent | |
CY2024Q2 | us-gaap |
Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent | |
CY2023Q4 | us-gaap |
Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent | |
CY2024Q2 | us-gaap |
Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent | |
CY2023Q4 | us-gaap |
Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent | |
cbre |
Proceeds From Notes Payable On Real Estate
ProceedsFromNotesPayableOnRealEstate
|
12000000 | usd | |
cbre |
Proceeds From Notes Payable On Real Estate
ProceedsFromNotesPayableOnRealEstate
|
0 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
47000000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
130000000 | usd | |
cbre |
Payments To Acquire Business Financing Activities
PaymentsToAcquireBusinessFinancingActivities
|
16000000 | usd | |
cbre |
Payments To Acquire Business Financing Activities
PaymentsToAcquireBusinessFinancingActivities
|
68000000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
97000000 | usd | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
50000000 | usd | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
17000000 | usd | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
2000000 | usd | |
us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
30000000 | usd | |
us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
1000000 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-32000000 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-58000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1242000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1075000000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-68000000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
3000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-338000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-48000000 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1371000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1405000000 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1033000000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1357000000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
170000000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
91000000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
244000000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
303000000 | usd | |
cbre |
Deferred Purchase Consideration
DeferredPurchaseConsideration
|
15000000 | usd | |
cbre |
Deferred Purchase Consideration
DeferredPurchaseConsideration
|
0 | usd | |
CY2024Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9099000000 | usd |
CY2024Q2 | us-gaap |
Profit Loss
ProfitLoss
|
142000000 | usd |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
39000000 | usd |
CY2024Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
1000000 | usd |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
48000000 | usd | |
CY2024Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-26000000 | usd |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
3000000 | usd | |
CY2024Q2 | cbre |
Noncontrolling Interest Increase From Contributions
NoncontrollingInterestIncreaseFromContributions
|
16000000 | usd |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
30000000 | usd | |
CY2024Q2 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
5000000 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9189000000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8642000000 | usd |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
206000000 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
21000000 | usd |
CY2023Q2 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
4000000 | usd |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
37000000 | usd |
CY2023Q2 | cbre |
Noncontrolling Interest Increase From Contributions
NoncontrollingInterestIncreaseFromContributions
|
1000000 | usd |
CY2023Q2 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
1000000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
8000000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8894000000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9067000000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
290000000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
69000000 | usd | |
us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
97000000 | usd | |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
48000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-115000000 | usd | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
3000000 | usd | |
cbre |
Noncontrolling Interest Increase From Contributions
NoncontrollingInterestIncreaseFromContributions
|
17000000 | usd | |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
30000000 | usd | |
us-gaap |
Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
|
22000000 | usd | |
us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-11000000 | usd | |
CY2024Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9189000000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8606000000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
331000000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
39000000 | usd | |
us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
50000000 | usd | |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
114000000 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
74000000 | usd | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
1000000 | usd | |
cbre |
Noncontrolling Interest Increase From Contributions
NoncontrollingInterestIncreaseFromContributions
|
2000000 | usd | |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
1000000 | usd | |
us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-6000000 | usd | |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8894000000 | usd |
us-gaap |
Basis Of Accounting
BasisOfAccounting
|
Basis of Presentation<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%">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 “CBRE,” “the company,” “we,” “us” and “our”), for the year ended December 31, 2023, 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/0001138118/000113811824000006/cbre-20231231.htm" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">2023 Annual Report on Form 10-K (2023 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/0001138118/000113811824000006/cbre-20231231.htm" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">2023 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%">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. Our consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the U.S., which require management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts reported in our consolidated financial statements and accompanying notes and 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. Actual results may differ from these estimates and assumptions.</span></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
Our consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the U.S., which require management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts reported in our consolidated financial statements and accompanying notes and 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. | ||
CY2023Q4 | cbre |
Loan Receivable Mortgage Warehouse Lending Current
LoanReceivableMortgageWarehouseLendingCurrent
|
675000000 | usd |
us-gaap |
Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
|
4408000000 | usd | |
us-gaap |
Gain Loss On Sales Of Mortgage Backed Securities Mbs
GainLossOnSalesOfMortgageBackedSecuritiesMBS
|
14000000 | usd | |
cbre |
Sale Of Mortgage Loans Held For Sale
SaleOfMortgageLoansHeldForSale
|
4115000000 | usd | |
us-gaap |
Proceeds From Collection Of Mortgage Loans Held For Sale
ProceedsFromCollectionOfMortgageLoansHeldForSale
|
14000000 | usd | |
us-gaap |
Proceeds From Sale Of Mortgage Loans Held For Sale
ProceedsFromSaleOfMortgageLoansHeldForSale
|
4129000000 | usd | |
cbre |
Net Increase Decrease In Mortgage Servicing Rights Included In Warehouse Receivables
NetIncreaseDecreaseInMortgageServicingRightsIncludedInWarehouseReceivables
|
5000000 | usd | |
CY2024Q2 | cbre |
Loan Receivable Mortgage Warehouse Lending Current
LoanReceivableMortgageWarehouseLendingCurrent
|
973000000 | usd |
CY2024Q2 | us-gaap |
Fair Value Investments Entities That Calculate Net Asset Value Per Share Planned Sale Investments Not Identified Value
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerSharePlannedSaleInvestmentsNotIdentifiedValue
|
351800000 | usd |
CY2023Q4 | us-gaap |
Fair Value Investments Entities That Calculate Net Asset Value Per Share Planned Sale Investments Not Identified Value
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerSharePlannedSaleInvestmentsNotIdentifiedValue
|
352300000 | usd |
CY2024Q2 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd | |
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd | |
CY2023Q2 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd |
CY2024Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
1309000000 | usd |
CY2023Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
1374000000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3310000000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
2824000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
28000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
9000000 | usd |
CY2024Q2 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
10000000 | usd |
CY2023Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
11000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
3272000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2804000000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1032000000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1030000000 | usd |
CY2024Q2 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
210000000 | usd |
CY2023Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
210000000 | usd |
CY2024Q2 | cbre |
Operating And Finance Lease Right Of Use Asset
OperatingAndFinanceLeaseRightOfUseAsset
|
1242000000 | usd |
CY2023Q4 | cbre |
Operating And Finance Lease Right Of Use Asset
OperatingAndFinanceLeaseRightOfUseAsset
|
1240000000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
244000000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
242000000 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
36000000 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
36000000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1091000000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1089000000 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
75000000 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
72000000 | usd |
CY2024Q2 | cbre |
Operating And Financing Lease Liability
OperatingAndFinancingLeaseLiability
|
1446000000 | usd |
CY2023Q4 | cbre |
Operating And Financing Lease Liability
OperatingAndFinancingLeaseLiability
|
1439000000 | usd |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
66000000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
71000000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
30000000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
25000000 | usd | |
cbre |
Other Noncash Increases Decreases In Operating Lease Right Of Use Assets
OtherNoncashIncreasesDecreasesInOperatingLeaseRightOfUseAssets
|
45000000 | usd | |
cbre |
Other Noncash Increases Decreases In Operating Lease Right Of Use Assets
OtherNoncashIncreasesDecreasesInOperatingLeaseRightOfUseAssets
|
-38000000 | usd | |
cbre |
Other Noncash Increases Decreases In Finance Lease Right Of Use Assets
OtherNoncashIncreasesDecreasesInFinanceLeaseRightOfUseAssets
|
-5000000 | usd | |
cbre |
Other Noncash Increases Decreases In Finance Lease Right Of Use Assets
OtherNoncashIncreasesDecreasesInFinanceLeaseRightOfUseAssets
|
0 | usd | |
CY2024Q2 | cbre |
Funded Loan Principal Amount Outstanding
FundedLoanPrincipalAmountOutstanding
|
42900000000 | usd |
CY2024Q2 | cbre |
Loan Loss Sharing Reserve
LoanLossSharingReserve
|
60400000 | usd |
CY2023Q4 | cbre |
Loan Loss Sharing Reserve
LoanLossSharingReserve
|
67400000 | usd |
CY2024Q2 | cbre |
Assets Available For Recourse
AssetsAvailableForRecourse
|
2100000000 | usd |
CY2024Q2 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
254700000 | usd |
CY2024Q2 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
254700000 | usd |
CY2024Q2 | cbre |
Guarantor Obligations Maximum Exposure Undiscounted
GuarantorObligationsMaximumExposureUndiscounted
|
196500000 | usd |
CY2024Q2 | cbre |
Guarantor Obligations Maximum Exposure Undiscounted
GuarantorObligationsMaximumExposureUndiscounted
|
196500000 | usd |
us-gaap |
Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
|
271300000 | usd | |
CY2023 | us-gaap |
Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
|
266100000 | usd |
CY2024Q2 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
24200000 | usd |
CY2023Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
3200000 | usd |
cbre |
Investment Funds Maximum Equity In Real Estate Investment Percent
InvestmentFundsMaximumEquityInRealEstateInvestmentPercent
|
0.020 | ||
CY2024Q2 | cbre |
Commitments To Investment In Future Real Estate Investment
CommitmentsToInvestmentInFutureRealEstateInvestment
|
157900000 | usd |
cbre |
Real Estate Investments Maximum Equity In Real Estate Investment Percent
RealEstateInvestmentsMaximumEquityInRealEstateInvestmentPercent
|
0.50 | ||
CY2024Q2 | cbre |
Other Commitment Capital Investment In Consolidated Projects
OtherCommitmentCapitalInvestmentInConsolidatedProjects
|
168000000 | usd |
CY2024Q2 | cbre |
Other Commitment Capital Investment In Unconsolidated Entity
OtherCommitmentCapitalInvestmentInUnconsolidatedEntity
|
68700000 | usd |
CY2024Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
32200000 | usd |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
55400000 | usd |
CY2024Q2 | us-gaap |
Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
|
-23200000 | usd |
CY2024Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.185 | |
CY2023Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.212 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3400000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
84000000 | usd | |
us-gaap |
Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
|
-80600000 | usd | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.011 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.201 | ||
CY2024Q2 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | ||
CY2024Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
343100000 | usd |
CY2023Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
413500000 | usd |
us-gaap |
Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
|
-70400000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
130000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
201000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
256000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
318000000 | usd | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
306745116 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
310857203 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
306276871 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
310662324 | shares | |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.42 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.65 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.84 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.02 | ||
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
130000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
201000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
256000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
318000000 | usd | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
306745116 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
310857203 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
306276871 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
310662324 | shares | |
CY2024Q2 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
1290095 | shares |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
3425044 | shares |
us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
1992169 | shares | |
us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
4159291 | shares | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
308035211 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
314282247 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
308269040 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
314821615 | shares | |
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.42 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.64 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.83 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.01 | ||
CY2024Q2 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
1400000000 | usd |
CY2024Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
8245000000 | usd |
CY2024Q2 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
146000000 | usd |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
8391000000 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
7599000000 | usd |
CY2023Q2 | us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
121000000 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
7720000000 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
16053000000 | usd | |
us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
273000000 | usd | |
us-gaap |
Revenues
Revenues
|
16326000000 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
14902000000 | usd | |
us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
229000000 | usd | |
CY2024Q2 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
545200000 | usd |
CY2024Q2 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
453600000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
517400000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
|
442900000 | usd |
CY2024Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
311000000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
304300000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
297600000 | usd |
CY2024Q2 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
-57800000 | usd |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
-189700000 | usd | |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
8391000000 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
7720000000 | usd |
us-gaap |
Revenues
Revenues
|
16326000000 | usd | |
us-gaap |
Revenues
Revenues
|
15131000000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
130000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
201000000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
256000000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
318000000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
12000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
5000000 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
34000000 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
13000000 | usd | |
CY2024Q2 | us-gaap |
Profit Loss
ProfitLoss
|
142000000 | usd |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
206000000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
290000000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
331000000 | usd | |
CY2024Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
161000000 | usd |
CY2023Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
155000000 | usd |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
319000000 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
316000000 | usd | |
CY2024Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-63000000 | usd |
CY2023Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-43000000 | usd |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-99000000 | usd | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-71000000 | usd | |
CY2024Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
32000000 | usd |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
55000000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3000000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
84000000 | usd | |
CY2024Q2 | cbre |
Costs Associated With Efficiency And Cost Reduction Initiatives
CostsAssociatedWithEfficiencyAndCostReductionInitiatives
|
67000000 | usd |
CY2023Q2 | cbre |
Costs Associated With Efficiency And Cost Reduction Initiatives
CostsAssociatedWithEfficiencyAndCostReductionInitiatives
|
3000000 | usd |
cbre |
Costs Associated With Efficiency And Cost Reduction Initiatives
CostsAssociatedWithEfficiencyAndCostReductionInitiatives
|
97000000 | usd | |
cbre |
Costs Associated With Efficiency And Cost Reduction Initiatives
CostsAssociatedWithEfficiencyAndCostReductionInitiatives
|
141000000 | usd | |
CY2024Q2 | cbre |
Charges Related To Indirect Tax Settlement
ChargesRelatedToIndirectTaxSettlement
|
13000000 | usd |
CY2023Q2 | cbre |
Charges Related To Indirect Tax Settlement
ChargesRelatedToIndirectTaxSettlement
|
0 | usd |
cbre |
Charges Related To Indirect Tax Settlement
ChargesRelatedToIndirectTaxSettlement
|
13000000 | usd | |
cbre |
Charges Related To Indirect Tax Settlement
ChargesRelatedToIndirectTaxSettlement
|
0 | usd | |
CY2024Q2 | cbre |
Carried Interest Incentive Compensation Expense Reversal
CarriedInterestIncentiveCompensationExpenseReversal
|
1000000 | usd |
CY2023Q2 | cbre |
Carried Interest Incentive Compensation Expense Reversal
CarriedInterestIncentiveCompensationExpenseReversal
|
-1000000 | usd |
cbre |
Carried Interest Incentive Compensation Expense Reversal
CarriedInterestIncentiveCompensationExpenseReversal
|
15000000 | usd | |
cbre |
Carried Interest Incentive Compensation Expense Reversal
CarriedInterestIncentiveCompensationExpenseReversal
|
6000000 | usd | |
CY2024Q2 | us-gaap |
Restructuring Costs
RestructuringCosts
|
0 | usd |
CY2023Q2 | us-gaap |
Restructuring Costs
RestructuringCosts
|
0 | usd |
us-gaap |
Restructuring Costs
RestructuringCosts
|
2000000 | usd | |
us-gaap |
Restructuring Costs
RestructuringCosts
|
0 | usd | |
CY2024Q2 | cbre |
Business Combination Integration Related Costs And Other Net Costs
BusinessCombinationIntegrationRelatedCostsAndOtherNetCosts
|
-13000000 | usd |
CY2023Q2 | cbre |
Business Combination Integration Related Costs And Other Net Costs
BusinessCombinationIntegrationRelatedCostsAndOtherNetCosts
|
-36000000 | usd |
cbre |
Business Combination Integration Related Costs And Other Net Costs
BusinessCombinationIntegrationRelatedCostsAndOtherNetCosts
|
-8000000 | usd | |
cbre |
Business Combination Integration Related Costs And Other Net Costs
BusinessCombinationIntegrationRelatedCostsAndOtherNetCosts
|
-54000000 | usd | |
CY2024Q1 | us-gaap |
Asset Acquisition Consideration Transferred Transaction Cost
AssetAcquisitionConsiderationTransferredTransactionCost
|
17500000 | usd |
CY2024Q1 | cbre |
Asset Acquisition Consideration Transferred Transaction Cost Reversal Of Previously Recognized Transaction Costs
AssetAcquisitionConsiderationTransferredTransactionCostReversalOfPreviouslyRecognizedTransactionCosts
|
-21700000 | usd |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
8391000000 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
7720000000 | usd |
us-gaap |
Revenues
Revenues
|
16326000000 | usd | |
us-gaap |
Revenues
Revenues
|
15131000000 | usd | |
CY2024Q2 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
4 | segment |
CY2024Q2 | us-gaap |
Restructuring Charges
RestructuringCharges
|
2300000 | usd |
CY2023Q1 | us-gaap |
Restructuring Charges
RestructuringCharges
|
147200000 | usd |
CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |