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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 793.4 $ 629.6
Cash and cash equivalents held at Consolidated Funds 122.4 247.5
Restricted cash 34.6 8.7
Corporate treasury investments 0.0 51.7
Investments, including accrued performance allocations of $3,855.6 million and $3,480.0 million as of December 31, 2019 and 2018, respectively 6,804.4 5,697.5
Investments of Consolidated Funds 5,007.3 5,286.6
Due from affiliates and other receivables, net 273.9 441.1
Due from affiliates and other receivables of Consolidated Funds, net 74.4 135.4
Fixed assets, net 108.2 95.1
Lease right-of-use assets, net 203.8 0.0
Deposits and other 54.0 49.3
Intangible assets, net 62.3 77.3
Deferred tax assets 270.1 194.4
Total assets 13,808.8 12,914.2
Liabilities and partners’ capital    
Debt obligations 1,976.3 1,550.4
Loans payable of Consolidated Funds 4,706.7 4,840.1
Accounts payable, accrued expenses and other liabilities 354.9 442.2
Accrued compensation and benefits 2,496.5 2,222.3
Due to affiliates 542.1 174.0
Deferred revenue 71.0 111.3
Deferred tax liabilities 65.2 64.3
Other liabilities of Consolidated Funds 316.1 610.1
Lease liabilities 288.2 0.0
Accrued giveback obligations 22.2 63.2
Total liabilities 10,839.2 10,077.9
Commitments and contingencies
Series A preferred units (16,000,000 units issued and outstanding as of December 31, 2018) 0.0 387.5
Partners’ capital (common units, 117,840,651 and 107,746,443 issued and outstanding as of December 31, 2019 and 2018, respectively) 703.8 673.4
Accumulated other comprehensive loss (85.2) (83.3)
Non-controlling interests in consolidated entities 333.5 324.2
Non-controlling interests in Carlyle Holdings 2,017.5 1,534.5
Total partners’ capital 2,969.6 2,836.3
Total liabilities and partners’ capital $ 13,808.8 $ 12,914.2