The Carlyle Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	3,259	2,096	1,786	1,570	2,617	1,136
Trading Asset Securities	-	-	-	20	-	-
Accounts Receivable	7,277	7,395	6,482	7,365	8,487	5,223
Other Receivables	286.1	283.3	185.2	143.4	164.1	107
Property, Plant & Equipment	539.7	526.7	493.7	476.9	505	510.3
Goodwill	104.6	103.6	104	103.9	13.3	16.8
Other Intangible Assets	435.4	530.5	662.1	793.9	21.6	31.9
Investments in Debt & Equity Securities	11,700	8,373	8,014	7,623	7,231	6,658
Restricted Cash	-	0.5	1.8	0.8	5.6	2
Other Current Assets	393.5	417.8	335.2	290.7	-	51.7
Long-Term Deferred Tax Assets	28.3	27.6	16.5	15.8	14.5	96.5
Other Long-Term Assets	3,032	3,349	3,095	3,000	2,190	1,811
Total Assets	27,056	23,104	21,176	21,403	21,250	15,645
Accounts Payable	343.2	305.6	244.6	290.2	256	227.2
Accrued Expenses	5,288	5,440	4,909	4,235	4,921	3,154
Current Portion of Leases	-	70.7	-	-	-	-
Other Current Liabilities	-	-	-	76.5	6.3	50.6
Long-Term Debt	12,184	9,008	8,768	8,177	7,962	7,534
Long-Term Leases	479.6	417.9	488.1	502.9	537.8	513.5
Long-Term Unearned Revenue	373	138.7	140.3	126.4	120.8	89
Long-Term Deferred Tax Liabilities	80.7	137	45.3	402.7	487.1	57.8
Other Long-Term Liabilities	1,372	1,186	736.6	722	1,133	1,012
Total Liabilities	20,211	16,756	15,392	14,582	15,544	12,715
Common Stock	3.6	3.6	3.6	3.6	3.6	3.5
Additional Paid-In Capital	4,195	3,892	3,403	3,139	2,718	2,546
Retained Earnings	1,618	2,041	2,082	3,401	2,805	348.2
Comprehensive Income & Other	-196.5	-329.8	-297.3	-322.2	-247.5	-208.7
Total Common Equity	5,620	5,607	5,191	6,221	5,279	2,689
Minority Interest	1,226	740.7	593.1	600.3	427.2	241
Shareholders' Equity	6,845	6,348	5,785	6,821	5,706	2,930
Total Liabilities & Equity	27,056	23,104	21,176	21,403	21,250	15,645
Total Debt	12,663	9,496	9,256	8,680	8,499	8,047
Net Cash (Debt)	-9,404	-7,400	-7,469	-7,090	-5,882	-6,911
Net Cash Per Share	-25.41	-20.11	-20.67	-19.39	-16.22	-19.28
Filing Date Shares Outstanding	360.41	361.2	362.11	364.22	356.32	354.19
Total Common Shares Outstanding	360.14	357.18	361.33	362.3	355.37	353.52
Working Capital	5,494	4,331	3,590	4,748	5,997	3,053
Book Value Per Share	15.60	15.70	14.37	17.17	14.86	7.61
Tangible Book Value	5,080	4,973	4,425	5,323	5,244	2,641
Tangible Book Value Per Share	14.10	13.92	12.25	14.69	14.76	7.47

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.