CBRE Stock Cash Flow Statements

CBRE Group Quarterly Cash Flow Statements Chart

Quarterly

Annual

Operating Cash Flow

Investing Cash Flow

Financing Cash Flow

Free Cash Flow

Capital Expenditure

CBRE Group Quarterly Cash Flow Statements Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30

cash flows from operating activities:
net income	240,000,000	191,000,000	501,000,000	245,000,000	142,000,000	148,000,000	494,829,000	200,945,000	206,154,000	125,072,000	86,093,000	451,680,000	489,916,000	396,271,000	692,874,000	436,622,000	443,442,000	268,977,000	315,386,000	184,840,000	82,112,000	173,530,000	639,133,000	258,053,000	223,438,000	170,826,000	394,503,000	291,689,000	229,631,000	150,125,000	170,686,000	197,361,000	198,396,000	131,503,000	265,126,000	110,853,000	123,445,000	84,640,000	182,595,000	149,991,000	133,153,000	93,138,000	205,670,000	109,692,000	130,199,000	67,942,000	118,540,000	94,166,000	74,234,000	61,855,000	156,537,000	42,705,000	75,599,000	29,946,000	110,939,000	60,033,000	74,867,000	44,486,000	71,795,000	55,715,000	44,686,000	-16,187,000	141,135,000	11,977,000	125,098,000	92,309,000	64,254,000	36,910,000	95,412,000	56,936,000	50,421,000	14,572,000	66,433,000	11,895,000
reconciliation of net income to net cash from operating activities:
depreciation and amortization	182,000,000	177,000,000	177,000,000	178,000,000	161,000,000	158,000,000	156,962,000	149,160,000	154,387,000	161,491,000	159,561,000	142,136,000	162,359,000	149,032,000	162,144,000	122,564,000	119,085,000	122,078,000	143,825,000	127,725,000	116,384,000	113,794,000	115,362,000	111,560,000	106,479,000	105,823,000	116,940,000	113,484,000	113,399,000	108,165,000	109,100,000	102,591,000	100,386,000	94,037,000	96,940,000	92,725,000	90,268,000	86,994,000	98,598,000	75,047,000	70,605,000	69,846,000	69,444,000	67,159,000	63,295,000	65,203,000	52,994,000	47,524,000	44,215,000	46,537,000	46,010,000	40,102,000	38,336,000	46,457,000	36,534,000	31,308,000	25,619,000	23,469,000	29,245,000	25,638,000	27,784,000	26,295,000	27,511,000	27,368,000	25,518,000	14,892,000	12,255,000	14,930,000	12,663,000	11,665,000	10,818,000	10,370,000	14,856,000	12,340,000
amortization of other assets	55,000,000	48,000,000
net non-cash mortgage servicing rights and premiums on loan sales
deferred income taxes																																							-9,469,000	-3,056,000			-34,773,000	14,188,000			-7,003,000																						-8,948,000	-1,207,000	11,355,000	-6,859,000
stock-based compensation expense
equity income from investments
other non-cash adjustments
changes in:
sale of mortgage loans
origination of mortgage loans	-4,047,000,000	-2,599,000,000	-4,456,000,000	-3,804,000,000	-2,192,000,000	-2,216,000,000	-2,294,141,000	-2,716,961,000	-2,399,309,000	-2,494,589,000	-3,092,216,000	-3,574,812,000	-3,763,467,000	-3,221,312,000	-4,303,721,000	-5,134,062,000	-3,668,795,000	-3,909,261,000	-9,540,887,000	-4,564,480,000	-3,303,340,000	-3,859,407,000		-5,291,517,000	-5,443,999,000	-4,646,348,000		-6,427,070,000	-4,420,221,000	-3,132,008,000		-4,593,782,000
warehouse lines of credit
receivables, prepaid expenses and other assets
accounts payable, accrued liabilities and other liabilities
accrued compensation expenses
income taxes																							62,330,000	93,859,000	154,635,000	54,241,000	140,544,000	75,472,000	122,614,000	37,219,000	152,769,000	40,343,000	126,552,000	37,333,000	69,719,000	64,776,000	77,375,000	82,978,000
net cash from operating activities	57,000,000	-546,000,000	1,340,000,000	573,000,000	287,000,000	-492,000,000	853,380,000	382,245,000	-10,868,000	-744,757,000	814,279,000	753,893,000	454,423,000	-393,507,000	1,164,057,000	973,003,000	420,566,000	-193,448,000	970,137,000	854,579,000	142,344,000	-136,281,000	1,084,079,000	456,133,000	85,057,000	-401,889,000	628,938,000	594,373,000	157,896,000	-249,958,000	463,237,000	438,005,000	151,293,000	-342,030,000	503,504,000	156,828,000	118,623,000	-328,640,000	509,487,000	184,601,000	137,659,000	-179,850,000	593,302,000	292,462,000	45,982,000	-269,966,000	510,468,000	149,969,000	164,557,000	-79,886,000	411,017,000	81,723,000	97,290,000	-298,949,000	257,095,000	260,514,000	-42,508,000	-113,882,000	291,663,000	223,917,000	93,916,000	7,091,000	90,662,000	115,229,000	284,070,000				222,876,000	125,579,000	70,776,000	-59,575,000	143,570,000
cash flows from investing activities:
capital expenditures	-74,000,000	-64,000,000	-93,000,000	-79,000,000	-67,000,000	-68,000,000	-93,733,000	-76,255,000	-74,728,000	-60,284,000	-99,144,000	-64,274,000	-54,666,000	-42,056,000	-88,442,000	-45,465,000	-46,347,000	-29,597,000	-76,029,000	-56,397,000	-71,908,000	-62,241,000		-59,909,000	-53,009,000	-47,665,000		-44,411,000	-60,758,000	-46,724,000		-41,743,000	-36,128,000	-23,735,000	-56,848,000	-55,299,000	-45,590,000	-33,468,000	-54,140,000	-34,936,000	-31,760,000	-18,628,000	-78,624,000	-39,013,000	-39,952,000	-13,653,000	-77,615,000	-39,191,000	-30,737,000	-8,815,000	-69,645,000	-41,882,000	-30,619,000	-8,086,000	-52,582,000	-48,250,000	-33,526,000	-13,622,000	-50,579,000	-10,724,000	-4,263,000	-2,898,000									-8,369,000	-7,144,000
free cash flows	-17,000,000	-610,000,000	1,247,000,000	494,000,000	220,000,000	-560,000,000	759,647,000	305,990,000	-85,596,000	-805,041,000	715,135,000	689,619,000	399,757,000	-435,563,000	1,075,615,000	927,538,000	374,219,000	-223,045,000	894,108,000	798,182,000	70,436,000	-198,522,000		396,224,000	32,048,000	-449,554,000		549,962,000	97,138,000	-296,682,000		396,262,000	115,165,000	-365,765,000	446,656,000	101,529,000	73,033,000	-362,108,000	455,347,000	149,665,000	105,899,000	-198,478,000	514,678,000	253,449,000	6,030,000	-283,619,000	432,853,000	110,778,000	133,820,000	-88,701,000	341,372,000	39,841,000	66,671,000	-307,035,000	204,513,000	212,264,000	-76,034,000	-127,504,000	241,084,000	213,193,000	89,653,000	4,193,000									62,407,000	-66,719,000
payments for business acquired, net of cash acquired
capital contributions related to investments
acquisition and development of real estate assets	-68,000,000	-66,000,000	-177,000,000	-76,000,000	-77,000,000	-59,000,000	-67,749,000
other investing activities	179,000,000	22,000,000	19,000,000	-13,000,000	37,000,000	16,000,000	24,465,000	-711,000	-33,828,000	4,074,000	6,764,000	1,574,000	-3,870,000	-4,487,000	1,846,000	-24,313,000	-1,136,000	16,000	-5,115,000	4,317,000	2,246,000	9,068,000	1,060,000	366,000	-455,000	679,000		827,000	55,000	-6,439,000	1,236,000	-1,452,000	1,381,000	1,227,000	2,729,000	-1,832,000	1,161,000	-2,303,000	2,959,000	-2,482,000	834,000	358,000	7,000	243,000	301,000	26,000	537,000	400,000	5,715,000	479,000	-1,993,000	2,531,000	-274,000	1,900,000	747,000	-1,261,000	48,000	-752,000	-540,000	-432,000	-1,890,000	936,000			-71,000			325,000	-429,000	818,000	-303,000	1,329,000	620,000	-4,365,000
net cash from investing activities	-5,000,000	-462,000,000	-20,000,000	-187,000,000	-407,000,000	-900,000,000	-143,871,000	-167,811,000	-254,251,000	-115,067,000	-228,706,000	-274,807,000	-233,321,000	-95,621,000	-725,491,000	-210,915,000	-150,587,000	-193,904,000	-135,098,000	-70,545,000	-43,711,000	-92,231,000		-111,667,000	-59,960,000	-64,624,000		-77,467,000	-312,420,000	-64,212,000		5,098,000	-18,380,000	-20,525,000	32,182,000	-103,000	-40,824,000	1,306,000	12,987,000	-1,461,109,000	-64,004,000	-106,833,000	-37,050,000	-112,508,000	1,498,000	-3,496,000	-491,256,000	-38,768,000	51,479,000	13,551,000	-44,159,000	-19,965,000	-59,152,000	-74,395,000	66,286,000	-594,250,000	-17,612,000	65,321,000	-41,648,000	-24,880,000	8,873,000	-4,848,000									-41,011,000	-11,227,000	-32,140,000
cash flows from financing activities:
proceeds from revolving credit facility			960,000,000	708,000,000	1,435,000,000	1,070,000,000	170,000,000	630,000,000	1,546,000,000	1,660,000,000				210,000,000					0	0	504,000,000	331,671,000	926,000,000	1,087,000,000	1,089,000,000	507,000,000	345,000,000	913,000,000	1,102,000,000	898,000,000	610,000,000	0	645,000,000	266,000,000	714,000,000	839,000,000	791,000,000	565,000,000	536,000,000	1,276,500,000	567,000,000	264,000,000	185,000,000	534,000,000	536,803,000	617,765,000	211,435,000	61,000,000	214,637,000	123,490,000	0	18,048,000			38,891,000	249,000,000	514,733,000	230,000,000	90,410,000	0	12,609,000	3,740,000	0	73,186,000	331,343,000	233,981,000
repayment of revolving credit facility	0	-132,000,000	-1,511,000,000	-965,000,000	-1,315,000,000	-250,000,000	-843,000,000	-540,000,000	-2,172,000,000	-629,000,000									0	-451,000,000	-52,970,000	-331,701,000		-1,265,000,000	-1,195,000,000	-171,000,000		-1,370,000,000	-967,000,000	-435,000,000		0	-765,000,000	-146,000,000	-797,000,000	-912,000,000	-915,000,000	-285,000,000	-936,500,000	-876,000,000	-677,000,000	-158,512,000	-327,063,000	-710,044,000	-561,203,000	-401,112,000	-159,736,000	-116,178,000	-180,000,000	-86,236,000	0	0	-4,435,000	-10,795,000	-37,718,000	-315,414,000	-465,000,000	-187,000,000	-91,467,000	-8,694,000	-6,456,000	-4,040,000
proceeds from commercial paper	-239,000,000	1,421,000,000
proceeds from long-term debt
repayment of long-term debt
repurchase of common stock	-262,000,000	-418,000,000	-517,000,000	-63,000,000			-19,131,000	-516,061,000	0	-129,808,000	-445,924,000	-410,625,000	-625,906,000	-367,863,000	-180,318,000	-100,010,000	-27,167,000	-61,108,000	0	0	0	-50,028,000		-49,000,000	0	-45,088,000
other financing activities	-81,000,000	-167,000,000	46,000,000	-15,000,000	-11,000,000	-21,000,000	1,821,000	-13,044,000	-23,303,000	-34,474,000	-5,893,000	-15,623,000	-1,354,000	-11,606,000	-1,629,000	-11,809,000	-16,015,000	-14,943,000	-41,559,000	2,519,000	-1,984,000	-869,000	6,964,000	-736,000	-3,869,000	-566,000		-839,000	-88,000	12,000		993,000	-3,974,000	308,000	-165,000	-4,813,000	3,856,000	-236,000	-3,809,000	-4,000	-3,766,000	1,628,000	-1,265,000	0	-2,557,000	1,111,000	-1,627,000	-1,448,000	-3,010,000	1,548,000	84,000	-964,000	-2,177,000	2,119,000	-17,000	-21,000	-2,661,000	2,570,000	-856,000	499,000	-348,000	367,000						187,000			-1,766,000	453,000	3,174,000
net cash from financing activities	-96,000,000	1,256,000,000	-1,148,000,000	-315,000,000	50,000,000	1,192,000,000	-752,323,000	-168,454,000	313,740,000	761,037,000	-553,372,000	-452,225,000	-551,487,000	-209,009,000	-765,505,000	-104,150,000	-22,942,000	401,966,000	-513,932,000	-488,287,000	470,868,000	-93,905,000		-237,937,000	-114,054,000	300,028,000		-479,522,000	84,697,000	181,345,000		-29,576,000	-132,351,000	117,770,000	-198,804,000	-142,327,000	-130,826,000	272,314,000	-420,622,000	1,390,639,000	-120,034,000	-60,435,000	-414,226,000	71,434,000	-97,605,000	208,328,000	-26,637,000	-99,655,000	-243,324,000	-496,665,000	-52,914,000	-21,738,000	-3,552,000	-22,485,000	111,804,000	259,878,000	378,807,000	-39,164,000	-511,201,000	-183,880,000	-34,917,000	-54,224,000	29,101,000	65,237,000				8,075,000			6,440,000	-27,133,000	-5,645,000	-144,408,000
effect of currency exchange rate changes on cash and cash equivalents and restricted cash	63,000,000	44,000,000	-108,000,000	53,000,000	-24,000,000	-44,000,000	60,599,000	-50,242,000	-11,084,000	13,727,000	149,597,000	-134,526,000	-131,528,000	-49,015,000	-9,402,000	-38,625,000	8,065,000	-52,154,000	71,583,000	37,076,000	11,538,000	-38,633,000		-17,449,000	14,514,000	-9,791,000		-12,792,000	-48,640,000	29,819,000
net change in cash, cash equivalents and restricted cash
cash, cash equivalents and restricted cash, at beginning of period
cash, cash equivalents and restricted cash, at end of period
supplemental disclosures of cash flow information:
cash paid during the period for:
interest	124,000,000	102,000,000	89,000,000	137,000,000	70,000,000	100,000,000	63,171,000	36,528,000	51,922,000	39,379,000	20,345,000	41,133,000	14,919,000	12,826,000	11,937,000	12,919,000	1,132,000	15,080,000	7,048,000	29,270,000	3,855,000	27,290,000	6,487,000	33,654,000	12,919,000	33,606,000	8,343,000	36,485,000	10,343,000	48,994,000	5,338,000	52,336,000	7,463,000	52,027,000	7,528,000	54,852,000	9,215,000	54,205,000	7,256,000	37,699,000	5,960,000	37,163,000	38,113,000	29,422,000	21,790,000	29,424,000	20,912,000	29,663,000	46,034,000	20,541,000	58,972,000	21,653,000	59,660,000	21,660,000	58,958,000	10,856,000	55,464,000	12,757,000	46,779,000	37,223,000	55,806,000	29,602,000	39,731,000	38,472,000	17,185,000	3,249,000	30,499,000	4,994,000	19,332,000
income tax payments	220,000,000	131,000,000	116,000,000	107,000,000	154,000,000	90,000,000	83,592,000	80,014,000	221,335,000	82,059,000	96,809,000	171,291,000	247,617,000	88,649,000	109,471,000				47,544,000																				75,096,000	62,623,000	91,121,000	56,890,000	65,047,000	83,895,000	84,252,000	98,063,000	66,360,000	25,749,000	57,572,000	53,721,000		37,561,000	68,729,000	74,621,000
non-cash investing and financing activities:
deferred and/or contingent consideration	0	27,000,000	4,000,000	0	4,000,000	11,000,000
adjustments to reconcile net income to net cash from operating activities:
gains related to mortgage servicing rights, premiums on loan sales and sales of other assets		-33,000,000	-51,000,000	-51,000,000	-31,000,000	-29,000,000	-23,184,000	-33,476,000	-21,859,000	-23,481,000	-69,569,000	-45,788,000	-58,728,000	-28,422,000	55,202,000	-66,127,000	-59,959,000	-72,045,000	-118,474,000	-73,809,000	-53,324,000	-52,373,000		-76,820,000	-60,766,000	-53,517,000		-58,266,000	-53,629,000	-45,078,000		-50,169,000
increase in net deferred income taxes assets and liabilities		-3,000,000
net compensation expense for equity awards		21,000,000	34,000,000	43,000,000	39,000,000	30,000,000	22,984,000	34,220,000	20,683,000	18,113,000	36,513,000	41,490,000	45,459,000	36,863,000	51,626,000	48,075,000			18,550,000	22,137,000
equity (income) income from unconsolidated subsidiaries		-16,000,000																																																								-15,179,000	-15,228,000	-3,682,000
other non-cash adjustments to net income		8,000,000
proceeds from sale of mortgage loans		1,976,000,000	5,338,000,000	3,350,000,000	2,075,000,000	2,054,000,000	2,632,999,000	2,724,553,000	2,189,839,000	2,166,609,000	3,829,949,000	3,426,548,000	3,934,339,000	3,336,084,000	4,427,062,000	4,865,032,000	3,258,827,000	4,643,685,000	9,372,240,000	4,144,154,000	3,825,496,000	3,595,631,000	4,018,260,000	5,687,532,000	5,645,471,000	4,453,797,000	6,879,086,000	6,331,976,000	4,109,433,000	2,910,181,000	6,736,715,000	4,244,113,000
increase in warehouse lines of credit		626,000,000	-870,000,000	461,000,000	122,000,000	173,000,000	-328,279,000	-3,116,000	214,598,000	334,797,000					-106,321,000			-708,491,000	192,130,000	437,940,000	-504,938,000	281,657,000		-1,378,000	-211,219,000	232,446,000	-250,979,000	108,149,000	323,586,000	237,239,000
decrease in receivables, prepaid expenses and other assets		207,000,000																161,221,000												71,161,000
decrease in accounts payable and accrued expenses and other liabilities		-241,000,000			134,000,000	-211,000,000		19,879,000	-239,283,000	-73,960,000		61,812,000	-85,881,000	-108,355,000		167,835,000	-30,069,000	-245,522,000				-34,597,000				-33,982,000				-146,221,000
decrease in compensation and employee benefits payable and accrued bonus and profit sharing		-859,000,000		263,000,000	36,000,000	-824,000,000		142,071,000	32,657,000	-843,509,000			151,407,000	-725,216,000			109,848,000	-469,213,000		265,689,000	-210,671,000	-605,950,000		322,262,000	-32,583,000	-519,719,000		360,035,000	-13,261,000	-483,031,000		263,199,000	3,254,000	-491,251,000		121,784,000	52,860,000	-385,314,000		120,937,000	-6,368,000	-383,965,000		148,505,000	71,447,000	-294,866,000		64,106,000	50,579,000	-268,688,000		52,934,000	-18,746,000	-266,149,000			-58,241,000	-198,356,000			-14,317,000	-69,391,000									56,565,000	-139,303,000
decrease in net income taxes receivable/payable		-76,000,000												17,722,000		-41,225,000	41,665,000	41,660,000
other operating activities		27,000,000	-123,000,000	-42,000,000	-12,000,000	-44,000,000	-40,333,000	-47,196,000	-28,276,000	-21,195,000	-90,721,000	9,945,000	-45,304,000	-93,270,000	-136,516,000	13,883,000	2,475,000	2,381,000	23,677,000	13,160,000	137,000	-25,610,000		-15,069,000	-19,003,000	-2,721,000		-3,312,000	2,019,000	-8,412,000		-4,987,000	-11,880,000	-3,548,000	876,000	-15,515,000	-3,368,000	-706,000	-8,240,000	-8,913,000	-1,530,000	-2,355,000	-9,777,000	-2,936,000	-172,000	-4,822,000	-7,103,000	-5,656,000	-2,919,000	-2,389,000	-4,174,000	1,515,000	-1,375,000	504,000	4,242,000	-3,666,000	-813,000	95,000	997,000	-159,000	1,002,000	-1,323,000	368,000	230,000					-3,542,000	1,347,000	524,000	600,000	1,193,000	-987,000
acquisition of businesses, including net assets acquired and goodwill, net of cash acquired		-303,000,000		-1,000,000	-268,000,000	-783,000,000		-4,672,000	-120,886,000	-44,653,000		-14,754,000	-28,585,000	-16,792,000
contributions to unconsolidated subsidiaries		-51,000,000	-26,000,000	-37,000,000	-45,000,000	-28,000,000	-21,593,000	-45,607,000	-30,802,000	-28,998,000	-63,037,000	-101,635,000	-176,105,000	-44,387,000	66,423,000	-155,253,000	-77,322,000	-168,392,000	-74,351,000	-20,890,000	-19,013,000	-32,155,000		-49,461,000	-11,625,000	-23,562,000		-9,984,000	-10,431,000	-10,611,000		-3,999,000	-18,093,000	-14,567,000	-9,521,000	-29,864,000	-16,508,000	-10,923,000	-25,416,000	-18,221,000	-12,730,000	-14,841,000	-19,074,000	-14,663,000	-15,730,000	-9,710,000	-16,663,000	-9,265,000	-16,276,000	-7,390,000	-10,440,000	-6,482,000	-37,163,000	-11,355,000	-29,218,000	-5,151,000	-9,414,000	-7,680,000	-14,864,000	-11,794,000	-4,526,000	-6,326,000
proceeds from senior term loans		585,000,000					-714,000																0	0	0	300,000,000	452,745,000	0	0	550,000,000										400,000,000
repayment of senior term loans		-33,000,000					497,000																	0	0	-300,000,000									-113,125,000	-8,750,000	-8,750,000	-5,625,000		-3,125,000
proceeds from issuance of senior notes
net increase in cash and cash equivalents and restricted cash		292,000,000									181,798,000	-107,665,000			-336,341,000	619,313,000			392,690,000	332,823,000							236,006,000
cash and cash equivalents and restricted cash, at beginning of period		1,221,000,000		0	0	1,371,000,000		0	0	1,404,849,000		0	0	2,539,781,000		0	0	2,039,247,000		0	0	1,093,745,000	0	0	0	863,944,000	0	0	0	824,819,000
cash and cash equivalents and restricted cash, at end of period		1,513,000,000		124,000,000	-94,000,000	1,127,000,000		-4,262,000	37,537,000	1,319,789,000		-107,665,000	-461,913,000	1,792,629,000		619,313,000	255,102,000	2,001,707,000		332,823,000	581,039,000	732,695,000	391,440,000	89,080,000	-74,443,000	687,668,000	236,006,000	24,592,000	-118,467,000	721,813,000
gain on disposition of real estate assets			-130,000,000	1,000,000	0	-13,000,000	-9,262,000
asset impairments											21,957,000	0	26,405,000	10,351,000					13,505,000	0	0	75,171,000
equity loss (income) from unconsolidated subsidiaries			-58,000,000	4,000,000	15,000,000	58,000,000
distribution of earnings from unconsolidated subsidiaries			89,000,000	13,000,000	8,000,000	22,000,000	67,114,000	5,818,000	5,358,000	177,710,000	19,765,000	54,256,000	168,512,000	146,743,000	137,551,000	150,204,000	199,641,000	32,986,000	52,179,000	51,132,000	23,479,000	29,185,000	53,423,000	48,027,000	20,403,000	77,158,000	74,255,000	131,275,000	86,213,000	45,182,000	10,333,000	4,631,000	9,775,000	3,206,000	9,049,000	5,438,000	3,527,000	11,017,000	13,730,000	9,726,000	4,249,000	8,925,000	9,347,000	9,259,000	5,880,000	3,417,000	18,188,000	7,230,000	5,660,000	2,224,000	9,075,000	3,107,000	4,753,000	3,264,000	5,353,000	3,586,000	6,022,000	5,833,000	19,809,000	2,272,000	7,310,000	4,483,000	24,662,000	5,306,000			9,984,000	4,105,000
purchase of equity securities			5,000,000	-28,000,000	-17,000,000	-11,000,000	-4,261,000	-2,430,000	-6,172,000	-2,137,000	-12,453,000	-1,848,000	-5,029,000	-8,902,000	-1,873,000	-1,385,000	-1,498,000	-2,398,000	-2,181,000	-2,305,000	-3,068,000	-3,559,000		-11,148,000	-8,104,000	-62,117,000		-24,991,000	-17,820,000	-23,569,000
proceeds from sale of equity securities			-4,000,000	34,000,000	36,000,000	10,000,000	4,167,000	2,330,000	5,383,000	2,120,000	2,973,000	2,091,000	4,546,000	20,750,000	1,853,000	1,368,000	2,471,000	3,017,000	2,531,000	2,301,000	3,984,000	4,925,000	1,616,000	6,838,000	12,765,000	25,730,000	18,515,000	18,890,000	17,714,000	20,001,000
increase in real estate under development			0	0	-1,000,000	-5,000,000		36,273,000	-30,599,000	-5,943,000				-41,358,000	68,922,000	-95,686,000	-11,993,000	-15,901,000	-37,441,000
increase in receivables, prepaid expenses and other assets			-438,000,000				-632,381,000	-126,545,000	-27,637,000	-73,437,000	-128,006,000	133,991,000	-353,289,000	-156,061,000	-510,798,000	-154,793,000								-185,596,000	-290,128,000	-172,218,000		-168,178,000
increase in accounts payable and accrued expenses and other liabilities			470,000,000																234,184,000	1,571,000			147,969,000	-4,794,000			188,134,000	76,105,000
increase in compensation and employee benefits payable and accrued bonus and profit sharing											373,185,000				553,290,000																																								242,014,000				219,008,000
increase in net income taxes receivable/payable			149,000,000	-4,000,000	-110,000,000	-43,000,000	67,526,000	-7,200,000	-100,613,000	-56,713,000	-3,730,000	-69,354,000																20,188,000
acquisition of businesses, including net assets acquired, intangibles and goodwill, net of cash acquired															-710,116,000	-13,453,000	-55,194,000	-2,726,000	-1,925,000	-12,000	-14,000	-25,897,000		-12,702,000	0	-2,142,000		-48,858,000													-19,942,000	-75,033,000	-14,516,000	-102,764,000				-27,817,000
distributions from unconsolidated subsidiaries			43,000,000	19,000,000	7,000,000	22,000,000	26,127,000	7,086,000	5,993,000	14,794,000	40,450,000	4,714,000	29,905,000	12,101,000	12,077,000	27,569,000	29,412,000	6,795,000	22,322,000	2,437,000	44,978,000	18,994,000	12,329,000	10,687,000	4,299,000	5,974,000	7,989,000	25,485,000	13,019,000	15,216,000	70,068,000	80,565,000	80,946,000	15,995,000	93,907,000	25,627,000	38,341,000	55,571,000	144,839,000	15,469,000	2,847,000	24,422,000	41,289,000	40,131,000	5,568,000	17,279,000	43,383,000	16,972,000	14,757,000	7,118,000	48,322,000	3,072,000	6,933,000	4,650,000	67,499,000	7,060,000	23,820,000	11,168,000	3,600,000	3,113,000
proceeds from disposition of real estate assets			229,000,000	0			21,401,000
acquisition of businesses			-258,000,000	-7,000,000	-8,000,000	-8,000,000	-18,411,000	-58,350,000	-8,205,000	-60,034,000	-2,918,000	-3,094,000	-14,875,000	-13,556,000	-14,348,000	0	-2,909,000	-512,000	-10,300,000	-27,561,000	-609,000	-6,230,000		-7,572,000	-11,332,000	-17,185,000		-3,787,000	-3,134,000	-8,049,000
units repurchased for payment of taxes on equity awards			0	-8,000,000	0	-97,000,000	-18,143,000	-3,640,000	-4,056,000	-46,161,000	-2,770,000	-321,000	-3,446,000	-31,395,000	-2,117,000	-472,000	-1,392,000	-34,883,000	-2,208,000	-4,269,000	-485,000	-36,873,000		-7,008,000	-379,000	-9,186,000		-23,066,000	-80,000	-4,550,000		-27,649,000	0	-1,900,000
net decrease in cash and cash equivalents and restricted cash			64,000,000	124,000,000	-94,000,000	-244,000,000		-4,262,000	37,537,000	-85,060,000				-747,152,000				-37,540,000				-361,050,000		89,080,000	-74,443,000	-176,276,000			-118,467,000	-103,006,000
cash and cash equivalents and restricted cash, at beginning of year
cash and cash equivalents and restricted cash, at end of year
cash paid during the year for:
amortization of financing costs				2,000,000	1,000,000	2,000,000		1,582,000	1,144,000	1,161,000		3,130,000	1,744,000	1,663,000		1,763,000	1,708,000	1,609,000														2,459,000	2,473,000	2,439,000																		2,492,000	2,299,000	2,344,000		1,900,000	1,490,000	1,751,000
net realized and unrealized gains, primarily from investments				-8,000,000												-12,121,000				-7,947,000
benefit from doubtful accounts				7,000,000	6,000,000	3,000,000	3,299,000	6,289,000	2,443,000	3,969,000	5,525,000	3,720,000	4,478,000	3,303,000	0	11,700,000	12,058,000	731,000	-5,132,000	19,575,000	20,864,000	9,059,000	2,290,000	6,645,000	9,571,000	1,867,000	2,154,000	5,797,000			602,000	1,864,000			-2,094,000	1,879,000	1,506,000	3,420,000	3,172,000	2,627,000	2,929,000	1,483,000	1,740,000	1,918,000	2,943,000	1,564,000	3,376,000	2,585,000	1,647,000	1,971,000	1,204,000	-1,537,000	5,341,000	1,501,000	2,758,000	166,000	5,390,000	1,440,000	-9,336,000						2,886,000	376,000			570,000	1,146,000	2,127,000	371,000	63,000	-455,000
tenant concessions received				8,000,000	6,000,000	7,000,000	4,240,000	1,245,000	5,987,000	528,000	2,465,000	4,890,000	2,136,000	2,114,000	12,531,000	5,771,000	11,296,000	1,578,000	19,413,000	5,233,000	10,092,000	13,292,000	2,882,000	5,436,000	9,467,000	3,464,000	15,554,000	6,716,000	3,496,000	12,634,000	4,598,000	7,303,000	3,660,000	3,776,000	14,880,000	5,328,000	584,000	1,755,000	1,091,000	508,000	1,185,000	5,077,000	2,987,000	9,157,000	4,947,000	1,252,000	3,969,000	1,184,000	4,064,000	5,410,000	7,120,000	7,712,000	4,577,000	3,851,000	7,082,000	26,862,000	11,220,000	587,000	20,000	1,164,000	1,651,000	1,773,000	3,834,000	1,155,000	3,832,000	925,000	3,415,000	2,394,000	1,845,000	1,440,000	471,000	517,000
proceeds from notes payable on real estate				39,000,000	10,000,000	2,000,000	15,851,000	59,930,000	171,000	48,000	13,361,000	10,198,000	-3,662,000	19,368,000	7,271,000	22,609,000	24,811,000	23,737,000	50,289,000	17,558,000				1,078,000
repayment of notes payable on real estate							-4,352,000				-5,209,000	-5,970,000	-2,590,000	-13,954,000	-95,517,000
proceeds from issuance of 5.500% senior notes				0	0	495,000,000
proceeds from issuance of 5.950% senior notes							-253,000	0
non-controlling interest contributions				5,000,000	16,000,000	1,000,000	4,008,000	248,000	1,177,000	567,000	1,134,000	580,000	503,000	210,000	210,000	125,000	455,000	72,000	196,000	549,000	806,000	622,000	99,000	4,536,000	1,203,000	40,774,000	15,797,000	6,814,000	1,149,000	1,595,000	1,891,000	1,469,000	367,000	1,574,000	794,000	657,000	794,000	27,000
non-controlling interest distributions				-9,000,000			-40,496,000	-106,000	-1,297,000	-101,000	-153,000	-370,000	-157,000	-213,000	-546,000	-649,000	-725,000	-2,652,000	-1,859,000	-1,379,000	-595,000	-497,000		-1,235,000	-1,216,000	-1,347,000		-3,730,000	-6,627,000	-1,025,000		-2,739,000	-3,160,000	-744,000	-6,333,000	-9,283,000	-2,379,000	-1,138,000
decrease					-134,000,000	244,000,000													-239,049,000	333,993,000	223,269,000	52,796,000
net realized and unrealized (gains) losses, primarily from investments						-5,000,000	-2,243,000	-822,000										-2,732,000
amortization and write-off of financing costs on extinguished debt																			78,073,000	1,550,000	1,581,000	1,501,000	1,466,000	1,491,000	1,530,000	4,175,000	1,770,000	1,759,000	1,913,000	29,733,000					2,633,000	3,098,000	2,556,000	2,648,000
gain associated with remeasuring our investment in a previously unconsolidated subsidiary to fair value as of the date we acquired the remaining interest
equity income from unconsolidated subsidiaries							-127,183,000	13,364,000	7,501,000	-141,682,000	167,013,000	-233,972,000	-119,168,000	-42,871,000	-159,162,000	-163,809,000	-212,132,000	-83,594,000	-53,674,000	-32,376,000	-19,480,000	-20,631,000		-25,796,000	-21,773,000	-72,664,000		-126,840,000	-96,021,000	-40,179,000		-67,834,000	-75,384,000	-15,018,000	-80,449,000	-24,672,000	-34,929,000	-57,301,000	-123,463,000	-17,242,000	-6,693,000	-15,451,000	-34,150,000	-43,300,000	-9,264,000	-15,000,000	-34,782,000	-13,347,000	-6,544,000	-9,749,000	-40,859,000	-2,875,000	-2,609,000	-14,386,000		-6,714,000						6,584,000									-14,779,000	-3,241,000	-9,355,000
gain recognized upon deconsolidation of spac
decrease (increase) in real estate under development											35,483,000	-15,011,000									-7,041,000	7,742,000
investment in vts											-288,000
investment in altus power, inc. class a stock
proceeds from sale of marketable securities - special purpose acquisition company trust account
proceeds from issuance of 2.500% senior notes															0	0	0	492,255,000
redemption of non-controlling interest-special purpose acquisition company and payment of deferred underwriting commission
non-controlling interest as part of turner & townsend acquisition
investment in alignment shares and private placement warrants of altus power, inc.
reduction in redeemable non-controlling interest - special purpose acquisition company
reduction of trust account - special purpose acquisition company
net realized and unrealized losses, primarily from investments										319,000
net realized and unrealized losses (gains), primarily from investments											1,436,000	1,795,000	10,561,000	16,690,000								193,000
purchase of marketable securities - special purpose acquisition company trust account
repayment of 5.25% senior notes
sale of non-controlling interest - special purpose acquisition company
deferred purchase consideration - turner & townsend
decrease in warehouse lines of credit												158,565,000	-154,176,000	-105,326,000
net proceeds from revolving credit facility												-27,000,000
decrease (increase) in net income taxes receivable/payable																			54,912,000	-6,625,000	16,752,000	108,609,000
repayment of debt assumed in acquisition of telford homes
income tax payments (refunds)																	92,648,000	38,508,000																																					45,040,000	49,133,000	41,614,000	54,130,000
net compensation expense (reversal) for equity awards																		35,786,000
gain associated with remeasuring our investment in a joint venture entity to fair value at the date we acquired the remaining interest
repayment of 5.00% senior notes																												0	0	-820,000,000
repayment of debt assumed in acquisition of facilitysource																												0
establishment of trust account for special purpose acquisition company
repayments of notes payable on real estate
increase in advance warehouse funding
income tax (refunds) payments																					2,068,000	-55,897,000
net compensation (reversal) expense for equity awards																						-1,239,000
intangible asset impairment																							750,000	0	0	89,037,000
net realized and unrealized (gains) losses from investments																									-4,369,000	-20,853,000									3,765,000
compensation expense for equity awards																							28,780,000	33,378,000	36,309,000	29,271,000	31,136,000	35,360,000	32,105,000	29,570,000	24,112,000	20,692,000	32,872,000	15,411,000	20,138,000
purchase of available for sale debt securities																								-1,407,000				-2,137,000	-6,657,000	-12,066,000
proceeds from the sale of available for sale debt securities																							2,279,000	926,000	863,000	603,000	360,000	1,311,000
gains on disposition of real estate held for investment																												0
net realized and unrealized gains from investments																																-1,768,000									1,069,000	-1,087,000	-600,000	528,000	-6,364,000	-4,801,000	-4,171,000	-5,125,000	-1,533,000	-2,694,000			2,104,000	-6,588,000
decrease in income taxes payable
net proceeds from disposition of real estate held for investment																											0	0							0				0				0	9,095,000			2,423,000	1,629,000	74,822,000	34,367,000	28,605,000				116,164,000	5,847,000	42,919,000	66,748,000	0	19,255,000
increase in income taxes receivable/payable																									-85,916,000	-11,344,000				4,668,000		36,753,000			60,255,000	-13,494,000	-18,936,000	-34,159,000		9,541,000			56,678,000	-27,741,000	-12,787,000	-59,344,000		34,454,000	-8,715,000	-31,567,000	53,797,000	-18,999,000	-16,732,000	-45,795,000
payment of financing costs																										-3,374,000									-17,000	-72,000	-742,000	-4,787,000	-534,000	-7,905,000	-1,042,000	-21,183,000	-2,798,000	-3,045,000	-95,000	-9,000	0	-532,000	-2,774,000	-26,016,000	-160,000	-144,000	-20,000	-35,000	-2,588,000	-3,696,000	-4,282,000	-14,172,000	-28,364,000	-359,000	-1,350,000	-4,357,000
net realized and unrealized losses (gains) from investments																													-4,009,000	4,280,000									-1,118,000
proceeds from securities sold, not yet purchased																																															3,927,000	7,997,000	12,515,000	28,033,000	24,470,000	40,616,000	55,784,000	30,275,000	89,389,000
securities purchased to cover short sales																																															-12,267,000	-6,352,000	-45,180,000	-46,789,000	-16,586,000	-61,446,000	-45,441,000	-27,809,000	-99,092,000
increase in real estate held for sale and under development																																							-4,461,000	-8,125,000	-1,668,000	-1,749,000				-1,521,000					7,878,000	741,000	-6,840,000	-2,538,000							-6,756,000	-4,112,000
proceeds from notes payable on real estate held for investment																												31,000	3,000	49,000	58,000				0								0	1,447,000			289,000	832,000	1,392,000	249,000	0	137,000	1,264,000	3,251,000	4,603,000	2,146,000	2,342,000	1,209,000	1,650,000	10,240,000	4,801,000	3,940,000	20,201,000	43,634,000
repayment of notes payable on real estate held for investment																												0	-12,566,000	-462,000				-435,000	-428,000				-403,000	-397,000	-391,000	-385,000	-322,000	-4,251,000	-22,084,000	-906,000	-964,000	-1,211,000	-48,411,000	-23,958,000	-17,423,000	-26,886,000	-8,011,000	-1,716,000	-87,672,000	-7,493,000	-38,234,000	-53,237,000	-2,351,000	-31,062,000	-38,351,000	-10,142,000
proceeds from notes payable on real estate held for sale and under development																												2,055,000	326,000	775,000	855,000	1,204,000	426,000	1,711,000	2,617,000	1,795,000	888,000	12,427,000	8,295,000	8,180,000	3,658,000	746,000	3,390,000	-1,000	2,827,000	2,058,000	3,511,000	2,534,000	1,922,000	1,559,000	7,565,000	8,565,000	4,939,000	1,207,000	3,770,000	3,019,000	1,116,000	549,000	68,000	389,000	1,416,000	1,798,000
repayment of notes payable on real estate held for sale and under development																												0				-1,588,000	-6,445,000	-2,744,000	0	0	0	-4,102,000					-35,259,000	-11,975,000			-23,700,000	-275,000	-49,003,000	-63,550,000	-13,720,000	-6,231,000	-833,000	-561,000	-52,677,000	0	-20,504,000	-6,090,000	-4,388,000	-6,541,000	-2,775,000	-637,000
decrease in real estate held for sale and under development																																997,000												11,979,000											59,229,000									2,139,000
benefit from (recovery of) doubtful accounts																														5,601,000																															8,857,000	3,564,000		1,645,000
proceeds from sale of available for sale debt securities																														2,264,000
gain on disposition of real estate held for investment																																			0				0	-2,085,000			0	-4,977,000			-1,506,000	-690,000	-1,023,000	-15,479,000	856,000				-21,422,000	-688,000	-6,601,000	-13,094,000	-4,303,000	-5,066,000
purchase of trading securities																																-18,288,000	-20,539,000	-22,986,000	-11,629,000	-18,151,000	-37,170,000	-20,815,000	-21,265,000	-21,789,000	-22,131,000	-20,522,000	-20,048,000	-15,245,000	-19,919,000	-15,809,000	-18,079,000	-52,291,000	-35,045,000	-31,896,000	-30,926,000	-50,788,000	-36,785,000	-84,627,000	-81,470,000
proceeds from sale of trading securities																															15,296,000	18,775,000	19,206,000	15,270,000	21,632,000	21,737,000	39,809,000	22,688,000	20,897,000	22,305,000	16,163,000	19,433,000	26,407,000	15,044,000	17,060,000	15,726,000	33,351,000	15,127,000	96,452,000	46,191,000	30,191,000	34,617,000	80,613,000	44,799,000	62,863,000								0	320,047,000
increase in receivables																																							-228,957,000				-169,042,000	-14,979,000							-140,441,000				-87,859,000				-128,861,000
increase in prepaid expenses and other assets																																5,903,000	-38,412,000	-50,164,000	8,724,000	-27,244,000	-44,941,000	-29,731,000	-13,235,000	-28,644,000	-7,166,000	-35,952,000	-21,254,000	-3,920,000	3,368,000	-25,209,000	-21,764,000	-3,863,000			-13,257,000	1,991,000	-7,383,000	-3,448,000	2,323,000	-11,038,000															-2,809,000	-4,726,000
decrease (increase) in real estate held for sale and under development																																															37,590,000	-3,133,000	57,786,000	75,890,000							28,161,000	4,364,000
increase in accounts payable and accrued expenses																																			127,706,000				173,077,000							-70,779,000				23,834,000					-30,379,000				41,036,000										62,479,000
decrease (increase) in income taxes receivable/payable																																		13,193,000								444,000
increase in other liabilities																															625,000	8,229,000	809,000	-7,876,000	-12,038,000	-12,315,000	12,927,000	8,195,000	-2,743,000	-7,829,000			168,000	-10,399,000			19,060,000	-17,421,000			-834,000	2,828,000	9,752,000	-4,031,000		5,456,000	-3,974,000	4,374,000							-17,285,000	-9,661,000	17,385,000	12,983,000			-1,240,000	-14,942,000	-2,285,000	-1,954,000
acquisition of global workplace solutions (gws), including net assets acquired, intangibles and goodwill, net of cash acquired																																			0				0
acquisition of businesses (other than gws), including net assets acquired, intangibles and goodwill, net of cash acquired																																			-9,568,000	-5,497,000			-57,966,000
decrease (increase) in restricted cash																																						9,771,000																										123,989,000
purchase of available for sale securities																																-9,674,000	-12,445,000	-7,289,000	-6,248,000	-7,429,000	-16,268,000	-7,716,000	-8,368,000	-8,466,000	-11,575,000	-11,878,000	-20,901,000	-27,518,000	-28,806,000	-12,660,000	-11,724,000	-9,311,000	-9,884,000	-34,192,000
proceeds from the sale of available for sale securities																															5,759,000	8,341,000	10,057,000	7,220,000	5,491,000	7,499,000	12,092,000	9,969,000	9,509,000	8,500,000	8,709,000	15,854,000	26,857,000	26,301,000	24,057,000	10,999,000	16,969,000	9,133,000	24,319,000	19,267,000
proceeds from issuance of 4.875% senior notes																																							0
shares and units repurchased for payment of taxes on equity awards
effect of currency exchange rate changes on cash and cash equivalents																															119,000	6,397,000	1,838,000	15,490,000	-20,652,000	180,000	-4,434,000	3,846,000	-1,806,000	-10,196,000	3,773,000	-14,738,000	-16,500,000	-17,896,000	3,754,000	1,459,000	-3,284,000	5,580,000	-5,917,000	-7,597,000	-907,000	5,038,000	-7,321,000	6,584,000	-4,597,000	-15,657,000	5,777,000	8,796,000	-915,000	9,955,000	-4,604,000	-9,281,000	402,000	1,604,000	3,015,000
net increase in cash and cash equivalents																																							100,046,000				125,526,000								313,037,000	45,058,000			430,588,000	-89,515,000			-262,101,000	25,112,000	63,268,000	-61,262,000	91,820,000	101,872,000					167,320,000	91,285,000			105,785,000	-32,213,000
cash and cash equivalents, at beginning of period																															0	0	0	762,576,000	0	0	0	540,403,000	0	0	0	740,884,000	0	0	0	491,912,000	0	0	0	1,089,297,000	0	0	0	1,093,182,000	0	0	0	506,574,000	0	0	0	741,557,000	0	244,476,000	0	0	0	449,289,000	0	0	0	256,896,000	0	0
cash and cash equivalents, at end of period																															-203,831,000	419,924,000	2,400,000	533,281,000	316,230,000	14,578,000	-57,461,000	489,229,000	100,046,000	103,935,000	-42,606,000	379,028,000	125,526,000	233,492,000	-46,371,000	428,237,000	-10,709,000	17,126,000	-33,205,000	518,700,000	313,037,000	45,058,000	27,265,000	703,937,000	430,588,000	-89,515,000	324,464,000	427,645,000	-262,101,000	25,112,000	63,268,000	680,295,000	91,820,000	346,348,000	106,203,000	10,984,000	-125,800,000	253,089,000	164,718,000	92,354,000	34,433,000	157,784,000	108,971,000	-31,667,000
decrease in accounts payable and accrued expenses																																50,153,000	78,202,000	-133,231,000			36,617,000	-148,316,000			37,028,000	-46,795,000		18,396,000				-29,624,000				-535,000	4,036,000	-51,491,000			-9,549,000	-25,406,000			-2,747,000	-20,990,000									-12,000,000	-16,496,000
acquisition of businesses (other than global workplace solutions (gws)), including net assets acquired, intangibles and goodwill, net of cash acquired																																-18,942,000
acquisition of gws, including net assets acquired, intangibles and goodwill
increase in restricted cash																																-7,998,000			-929,000	-1,145,000			-7,148,000	-3,186,000	-7,320,000	-31,358,000													326,648,000
decrease in receivables																																	-85,244,000	146,191,000			-73,816,000	145,976,000				155,574,000				78,169,000			-33,727,000	45,943,000			-35,300,000	52,310,000			-84,871,000	89,002,000			-38,637,000	43,598,000		113,225,000			-40,158,000	59,341,000		-32,441,000	-32,898,000	93,554,000		21,300,000
net decrease in cash and cash equivalents																																	2,400,000	-229,295,000		14,578,000	-57,461,000	-51,174,000			-42,606,000	-361,856,000			-46,371,000	-63,675,000		17,126,000	-33,205,000	-570,597,000				-389,245,000				-78,929,000														-97,935,000
gain on sale of loans, servicing rights and other assets																																		-37,939,000	-66,587,000	-61,371,000	-44,394,000	-29,010,000	-35,650,000	-31,043,000	-35,721,000	-38,414,000	-35,337,000	-27,022,000	-15,874,000	-17,403,000	-27,793,000	-15,197,000	-26,508,000	-24,115,000	-40,644,000	-28,193,000	-24,838,000	-18,938,000	-23,536,000	-25,476,000	-13,622,000	-11,815,000	-18,073,000	-27,439,000	-12,996,000	-7,347,000
net realized and unrealized gain from investments																																		-4,115,000			-3,882,000	-3,215,000
(recovery of) benefit from doubtful accounts																																		-928,000
acquisition of businesses (other than global workplace solutions (gws)), including net assets acquired, intangibles and goodwill																																		-21,204,000
proceeds from the sale of servicing rights and other assets																																		11,365,000	16,372,000	12,088,000	9,468,000	5,603,000	8,998,000	8,819,000	7,674,000	4,941,000	7,372,000	5,349,000	3,504,000	9,316,000	5,790,000	7,336,000	11,727,000	7,163,000	16,276,000	10,440,000	7,481,000	6,009,000	10,077,000	5,542,000	6,209,000	5,207,000	6,422,000	12,781,000	6,395,000	3,346,000	15,717,000	3,134,000						374,000
decrease in restricted cash																																		10,463,000										-9,770,000	4,590,000	9,611,000		11,958,000	7,494,000	2,682,000			-3,936,000	6,845,000			-2,010,000	5,984,000				8,088,000							895,000	-230,000
write-down of impaired assets
incremental tax benefit from stock options exercised																																							-7,000	-1,192,000	-546,000	-532,000	-415,000	1,355,000	-919,000	-1,239,000	-555,000	-1,411,000	-24,000	-7,901,000	-2,763,000	694,000	-822,000	-39,000	330,000	-771,000	-4,008,000	-10,487,000					5,972,000	9,139,000	-49,124,000
additions to real estate held for investment																																							-280,000	-362,000	-741,000	-670,000	-5,918,000	101,000			-147,000	-612,000	-1,397,000	-403,000	-398,000	-3,221,000	-1,391,000	-1,171,000	-8,019,000	-1,139,000	-4,827,000	-1,488,000	6,310,000	-17,649,000	-983,000	-4,229,000
proceeds from issuance of 5.25% senior notes																																											126,875,000
repayment of 6.625% senior notes
proceeds from exercise of stock options																																			0	101,000			770,000	3,541,000			1,737,000	2,257,000			856,000	938,000			3,923,000	13,264,000			77,000	2,201,000			1,823,000	266,000			3,863,000	4,297,000	7,996,000	3,132,000	1,171,000	3,273,000	4,866,000			2,075,000	1,652,000
decrease (increase) in receivables
(repayment of) proceeds from short-term borrowings and other loans																																				-36,000
shares repurchased for payment of taxes on equity awards																																				-22,684,000	-860,000	-4,252,000	-6,000	-19,404,000	-21,000	-5,092,000
compensation expense related to equity awards																																					15,960,000	12,594,000	26,590,000	18,987,000	13,191,000	15,941,000
acquisition of global workplace solutions (gws), including net assets acquired, intangibles and goodwill																																					0	-21,900,000
acquisition of businesses (other than gws), including net assets acquired, intangibles and goodwill																																						-3,298,000
amortization of debt discount
non-amortizable intangible asset impairment																																																			0
write-down of impaired other assets
proceeds from senior secured term loans																																										500,000,000					0	0	300,000,000	415,000,000					300,739,000	400,000,000
repayment of senior secured term loans																																										-645,613,000	-9,912,000	-9,913,000	-9,912,000	-9,913,000	-9,912,000	-9,913,000	-9,912,000	-1,609,280,000	-17,114,000	-17,066,000	-16,903,000	-17,063,000	-17,003,000	-11,500,000	-9,500,000	-9,500,000	-1,478,230,000	-154,110,000	-5,954,000	-54,816,000
proceeds from issuance of 5.00% senior notes																																															0	0	0	800,000,000
repayment of 11.625% senior subordinated notes																																															0	0
non-controlling interests contributions																																							1,218,000	286,000	213,000	4,192,000	1,523,000	841,000	455,000	119,000	630,000	209,000	188,000	65,000	119,000	47,000	723,000	15,186,000	831,000	770,000	8,422,000	208,000	1,805,000	5,264,000	19,123,000	2,980,000
non-controlling interests distributions																																							-2,987,000	-2,958,000	-9,889,000	-748,000	-1,973,000	-7,878,000	-22,096,000	-2,024,000	-43,250,000	-10,375,000	-37,106,000	-37,437,000	-18,951,000	-5,131,000	-9,963,000	-14,117,000	-39,102,000	-59,905,000	-16,491,000	-14,188,000	-4,681,000	229,000	-6,399,000	-555,000
amortization and write-off of financing costs																																								2,439,000	2,317,000	4,947,000	1,983,000	7,527,000	1,829,000	1,816,000	1,849,000			15,609,000									20,708,000	2,980,000	2,508,000	2,817,000
proceeds from short-term borrowings																																								15,293,000				-1,993,000				-10,019,000
decrease in other liabilities																																										-7,836,000				-5,433,000				-4,707,000
write-down of impaired real estate and other assets																																																							2,712,000				24,555,000
compensation expense related to stock options and non-vested stock awards																																											15,627,000	19,659,000	13,300,000	11,171,000	10,887,000	15,243,000	10,628,000	11,671,000	13,845,000	15,261,000	10,967,000	11,639,000	11,461,000	11,574,000	10,673,000	10,619,000	11,448,000	13,335,000	11,231,000	10,787,000
decrease in cash due to deconsolidation of cbre clarion u.s., l.p.																																																			0	0	0	-73,187,000
shares repurchased for payment of taxes on stock awards																																											-29,000
amortization and write-off of debt discount																																																0
acquisition of businesses, including net assets acquired, intangibles and goodwill																																														-14,704,000				-6,725,000										-5,900,000
acquisition of clarion real estate securities and substantially all of the ing group n.v. operations in europe and asia (collectively the reim acquisitions), including net assets acquired, intangibles and goodwill, net of cash acquired
acquisition of businesses (other than the reim acquisitions), including net assets acquired, intangibles and goodwill, net of cash acquired
stock and stock units repurchased for payment of taxes on stock awards
decrease (increase) in prepaid expenses and other assets																																																		920,000													2,817,000	1,504,000									6,687,000	520,000
proceeds from 6.625% senior notes
repayment of short-term borrowings and other loans																																																											-2,000,000	-1,000
cash paid (received) during the period for:
write-down of impaired real estate
acquisition of clarion real estate securities, including net assets acquired, intangibles and goodwill, net of cash acquired
acquisition of businesses (other than clarion real estate securities), including net assets acquired, intangibles and goodwill, net of cash acquired
net realized income from investments
net change in unrealized gains from investments
gain on interest rate swaps
decrease in deferred compensation assets
decrease in income taxes payable/receivable
increase in other liabilities, including deferred compensation liabilities																																																														274,000
proceeds from 11.625% senior subordinated notes
proceeds from issuance of common stock																																																																									0
net realized gain from investments
net change in unrealized gains/losses from investments
increase in income taxes receivable																																																								-2,204,000	3,426,000	-31,671,000
decrease in prepaid expenses and other assets																																																										6,106,000		18,209,000	-10,098,000	14,450,000
acquisition of businesses including net assets acquired, intangibles and goodwill																																																										-244,000				-3,765,000
proceeds from short-term borrowings and other loans
goodwill and other non-amortizable intangible asset impairment
write-down of impaired available for sale securities
deferred compensation deferrals																																																															8,256,000	13,787,000	16,077,000	10,398,000	7,196,000	7,364,000	9,773,000	7,445,000	3,994,000	7,413,000	11,293,000	4,052,000
decrease (increase) in income taxes receivable
decrease in income taxes receivable																																																												-10,207,000
decrease in other liabilities, including deferred compensation liabilities																																																												-1,056,000
income tax refunds																																																												50,239,000	-71,953,000	-5,094,000
increase in income taxes payable																																																														11,816,000
proceeds from (repayment of) short-term borrowings and other loans																																																														7,498,000
amortization and write-off of deferred financing costs																																																																	4,096,000	500,000	12,640,000	1,211,000	1,211,000	1,316,000	1,499,000	1,888,000	1,259,000	6,561,000
amortization of long-term debt discount
gain on sale of servicing rights and other assets
(gain) loss on interest rate swaps
loss on trading securities																																																															0	33,654,000
in-kind distributions from unconsolidated subsidiaries
compensation expense and merger-related expense related to stock options and non-vested stock awards
decrease (increase) in deferred compensation assets
acquisition of businesses (other than trammell crow company) including net assets acquired, intangibles and goodwill, net of cash acquired
cash paid for acquisition of trammell crow company, net of cash acquired
proceeds from sale of servicing rights and other assets																																																																									1,096,000
repayment of 9 3/4% senior notes																																																																									0
amortization and write-off of long-term debt discount																																																																	0	0	1,593,000	55,000	54,000	101,000	182,000	352,000	60,000	2,575,000
gain on trading securities
loss on interest rate swaps																																																															0	3,880,000
minority interest income
compensation expense and merger-related expense related to stock options and stock awards																																																															5,342,000	17,251,000
repayment of 11 1/4% senior subordinated notes																																																																									0
repayment of trammell crow company’s revolving credit facility
minority interest contributions
minority interest distributions
payment of deferred financing fees																																																																									-741,000
income taxes, net of refunds																																																															49,935,000	38,887,000	71,727,000	21,863,000	56,526,000	68,819,000	19,593,000	18,539,000	8,636,000	10,049,000	6,453,000	4,777,000
minority interest expense																																																															-165,000	2,900,000	4,888,000	-577,000	1,580,000	229,000
increase in deferred compensation assets																																																																							-21,904,000	-8,513,000	-23,117,000
increase in notes payable on real estate held for sale and under development																																																															39,617,000	3,352,000
cash paid for acquisition of trammell crow company
contributions to investments in unconsolidated subsidiaries
repayment of 11¼% senior subordinated notes																																																																							-11,795,000	-26,405,000
repayment of 9¾% senior notes
amortization of deferred financing costs																																																																1,794,000
(contributions to) distributions from investments in unconsolidated subsidiaries
minority interest (distributions) contributions
write-off of impaired investments																																																																									2,144,000
gain on sale of servicing rights, property held for sale and other assets																																																																								-329,000	-2,185,000
compensation expense for stock options and non-vested awards
decrease in notes payable on real estate held for sale and under development
proceeds from sale of property held for sale																																																																					36,539,000				0
investment in property held for sale
contributions to investments in unconsolidated subsidiaries, net of capital distributions
repayment of senior secured term loan																																																																							-2,950,000	-2,950,000
proceeds from debt related to property held for sale																																																																					0	31,149,000
repayment of debt related to property held for sale
repayment of 16% senior notes																																																																									0
minority interest contributions (distributions)																																																																	1,318,000	1,465,000
distributions of earnings from unconsolidated subsidiaries																																																																						4,333,000
compensation expense for stock options and non-vested stock awards																																																																		2,814,000	2,579,000	2,263,000
increase in income tax payable																																																																						9,861,000	11,867,000	5,197,000
acquisition of businesses including net assets acquired, intangibles and goodwill, net of cash acquired																																																																							-3,331,000	-41,000	-8,358,000
investment in properties held for sale
contributions to unconsolidated subsidiaries, net of capital distributions
repayment of 111¤4% senior subordinated notes
proceeds from debt related to properties held for sale
repayment of euro cash pool loan and other loans																																																																							-1,209,000	-306,000
repayment of other short-term borrowings
incremental tax benefits from stock options exercised																																																																			2,198,000	6,284,000
effect of currency exchange rate changes on cash																																																																			4,033,000	585,000			-1,772,000	-1,177,000	3,186,000
capital distributions from (contributions to) investments in unconsolidated subsidiaries																																																																				3,954,000
proceeds from (repayment of) euro cash pool loan and other loans																																																																				1,281,000
compensation expense for stock options
increase in net income taxes payable
proceeds from revolver and swingline credit facility																																																																									0	0
repayment of revolver and swingline credit facility																																																																									0
repayment of notes payable
(repayment of) proceeds from other loans
proceeds from 9 3/4% senior notes
interest, net of amount capitalized																																																																							20,603,000	7,755,000	21,908,000	12,406,000
investment in and advances to unconsolidated subsidiaries																																																																								-5,371,000
decrease (increase) in net income taxes receivable
repayment of non-recourse debt related to property held for sale																																																																									92,000
(repayment of) proceeds from euro cash pool loan and other loans																																																																									-6,872,000
deferred income tax benefit
decrease in income tax payable
capital expenditures, net of concessions received
proceeds from senior secured term loan
decease in accounts payable and accrued expenses
repayment of 11¼% senior notes
proceeds from issuance of common stock, initial public offering

We provide you with 20 years of cash flow statements for CBRE Group stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of CBRE Group stock. Explore the full financial landscape of CBRE Group stock with our expertly curated income statements.

The information provided in this report about CBRE Group stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.