Company: CGABL
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001527166-25-000071
Chunk: 2

Company: Carlyle Group Inc.
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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Item 1. Financial Statements

The Carlyle Group Inc.

Condensed Consolidated Balance Sheets

(Dollars in millions)

March 31,2025December 31,2024 (Unaudited)AssetsCash and cash equivalents$1,190.3$1,266.0Cash and cash equivalents held at Consolidated Funds570.9830.4Restricted cash9.00.5Investments, including accrued performance allocations of $6,985.8 and $7,053.5 as of March 31, 2025 and December 31, 2024, respectively10,739.910,936.7Investments of Consolidated Funds9,329.87,782.4Due from affiliates and other receivables, net790.2805.6Due from affiliates and other receivables of Consolidated Funds, net228.3237.1Fixed assets, net188.2185.3Lease right-of-use assets, net356.1341.4Deposits and other67.456.4Intangible assets, net603.2634.1Deferred tax assets22.227.6Total assets$24,095.5$23,103.5Liabilities and equityDebt obligations$2,156.1$2,143.5Loans payable of Consolidated Funds7,801.76,864.2Accounts payable, accrued expenses and other liabilities367.1389.8Accrued compensation and benefits5,063.55,446.6Due to affiliates292.8241.9Deferred revenue421.5138.7Deferred tax liabilities106.0137.0Other liabilities of Consolidated Funds955.9861.6Lease liabilities501.1488.6Accrued giveback obligations44.644.0Total liabilities17,710.316,755.9Commitments and contingenciesCommon stock, $0.01 par value, 100,000,000,000 shares authorized (360,881,683 and 357,183,632 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively)3.63.6Additional paid-in-capital3,997.73,892.3Retained earnings1,864.82,040.8Accumulated other comprehensive loss(288.7)(329.8)Non-controlling interests in consolidated entities807.8740.7Total equity6,385.26,347.