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Supplemental Financial Information (Tables)
3 Months Ended
Mar. 31, 2021
Condensed Financial Information Disclosure [Abstract]  
Supplemental financial position
 As of March 31, 2021
 Consolidated
Operating
Entities
Consolidated
Funds
EliminationsConsolidated
 (Dollars in millions)
Assets
Cash and cash equivalents$880.4 $— $— $880.4 
Cash and cash equivalents held at Consolidated Funds— 174.6 — 174.6 
Restricted cash6.6 — — 6.6 
Investments, including performance allocations of $6,532.0 million
9,219.1 — (174.6)9,044.5 
Investments of Consolidated Funds— 5,824.8 — 5,824.8 
Due from affiliates and other receivables, net251.5 — (5.8)245.7 
Due from affiliates and other receivables of Consolidated Funds, net— 169.8 — 169.8 
Fixed assets, net148.9 — — 148.9 
Lease right-of-use assets, net364.7 — — 364.7 
Deposits and other51.8 — — 51.8 
Intangible assets, net45.0 — — 45.0 
Deferred tax assets18.5 — — 18.5 
Total assets$10,986.5 $6,169.2 $(180.4)$16,975.3 
Liabilities and equity
Debt obligations$1,940.6 $— $— $1,940.6 
Loans payable of Consolidated Funds— 5,459.8 — 5,459.8 
Accounts payable, accrued expenses and other liabilities215.5 — — 215.5 
Accrued compensation and benefits3,579.3 — — 3,579.3 
Due to affiliates408.1 — — 408.1 
Deferred revenue343.8 — — 343.8 
Deferred tax liabilities245.2 — — 245.2 
Other liabilities of Consolidated Funds— 530.6 — 530.6 
Lease liabilities519.6 — — 519.6 
Accrued giveback obligations20.6 — — 20.6 
Total liabilities7,272.7 5,990.4 — 13,263.1 
Common stock3.5 — — 3.5 
Additional paid-in capital2,573.7 177.4 (177.4)2,573.7 
Retained earnings (deficit)1,118.8 — — 1,118.8 
Accumulated other comprehensive income (loss)(231.3)0.3 (3.0)(234.0)
Non-controlling interests in consolidated entities249.1 1.1 — 250.2 
Total equity3,713.8 178.8 (180.4)3,712.2 
Total liabilities and equity$10,986.5 $6,169.2 $(180.4)$16,975.3 
As of December 31, 2020
 Consolidated
Operating
Entities
Consolidated
Funds
EliminationsConsolidated
 (Dollars in millions)
Assets
Cash and cash equivalents$987.6 $— $— $987.6 
Cash and cash equivalents held at Consolidated Funds— 148.6 — 148.6 
Restricted cash2.0 — — 2.0 
Investments, including performance allocations of $4,968.6 million
7,551.7 — (170.8)7,380.9 
Investments of Consolidated Funds— 6,056.9 — 6,056.9 
Due from affiliates and other receivables, net278.9 — (6.4)272.5 
Due from affiliates and other receivables of Consolidated Funds, net— 89.1 — 89.1 
Fixed assets, net149.2 — — 149.2 
Lease right-of-use assets, net361.1 — — 361.1 
Deposits and other51.7 — — 51.7 
Intangible assets, net48.7 — — 48.7 
Deferred tax assets96.5 — — 96.5 
Total assets$9,527.4 $6,294.6 $(177.2)$15,644.8 
Liabilities and partners’ capital
Debt obligations$1,970.9 $— $— $1,970.9 
Loans payable of Consolidated Funds— 5,563.0 — 5,563.0 
Accounts payable, accrued expenses and other liabilities286.3 — — 286.3 
Accrued compensation and benefits3,222.6 — — 3,222.6 
Due to affiliates436.7 — — 436.7 
Deferred revenue89.0 — — 89.0 
Deferred tax liabilities57.8 — — 57.8 
Other liabilities of Consolidated Funds— 556.1 — 556.1 
Lease liabilities513.5 — — 513.5 
Accrued giveback obligations18.7 — — 18.7 
Total liabilities6,595.5 6,119.1 — 12,714.6 
Common stock3.5 — — 3.5 
Additional paid-in capital2,546.2 167.6 (167.6)2,546.2 
Retained earnings348.2 — — 348.2 
Accumulated other comprehensive income (loss)(205.8)6.7 (9.6)(208.7)
Non-controlling interests in consolidated entities239.8 1.2 — 241.0 
Total partners’ capital2,931.9 175.5 (177.2)2,930.2 
Total liabilities and partners’ capital$9,527.4 $6,294.6 $(177.2)$15,644.8 
Supplemental results of operations
 Three Months Ended March 31, 2021
 Consolidated
Operating
Entities
Consolidated
Funds
EliminationsConsolidated
 (Dollars in millions)
Revenues
Fund management fees$386.8 $— $(5.8)$381.0 
Incentive fees9.5 — — 9.5 
Investment income
Performance allocations1,786.1 — — 1,786.1 
Principal investment income198.4 — (19.3)179.1 
Total investment income1,984.5 — (19.3)1,965.2 
Interest and other income26.4 — (6.0)20.4 
Interest and other income of Consolidated Funds— 61.1 — 61.1 
Total revenues2,407.2 61.1 (31.1)2,437.2 
Expenses
Compensation and benefits
Cash-based compensation and benefits228.5 — — 228.5 
Equity-based compensation32.4 — — 32.4 
Performance allocations and incentive fee related compensation866.6 — — 866.6 
Total compensation and benefits1,127.5 — — 1,127.5 
General, administrative and other expenses91.7 — — 91.7 
Interest23.0 — — 23.0 
Interest and other expenses of Consolidated Funds— 56.5 (14.1)42.4 
Other non-operating expenses0.6 — — 0.6 
Total expenses1,242.8 56.5 (14.1)1,285.2 
Other income
Net investment gain of Consolidated Funds— 12.3 — 12.3 
Income before provision for income taxes1,164.4 16.9 (17.0)1,164.3 
Provision for income taxes273.4 — — 273.4 
Net income891.0 16.9 (17.0)890.9 
Net income attributable to non-controlling interests in consolidated entities21.7 — (0.1)21.6 
Net income attributable to The Carlyle Group Inc.$869.3 $16.9 $(16.9)$869.3 
Three Months Ended March 31, 2020
 Consolidated
Operating
Entities
Consolidated
Funds
EliminationsConsolidated
 (Dollars in millions)
Revenues
Fund management fees$361.1 $— $(5.2)$355.9 
Incentive fees8.9 — — 8.9 
Investment income (loss)
Performance allocations(937.6)— — (937.6)
Principal investment income (loss)(363.2)— 109.9 (253.3)
Total investment income (loss)(1,300.8)— 109.9 (1,190.9)
Interest and other income33.8 — (6.4)27.4 
Interest and other income of Consolidated Funds— 53.0 — 53.0 
Total revenues(897.0)53.0 98.3 (745.7)
Expenses
Compensation and benefits
Cash-based compensation and benefits204.3 — — 204.3 
Equity-based compensation29.1 — — 29.1 
Performance allocations and incentive fee related compensation(442.5)— — (442.5)
Total compensation and benefits(209.1)— — (209.1)
General, administrative and other expenses69.6 — — 69.6 
Interest23.9 — — 23.9 
Interest and other expenses of Consolidated Funds— 53.8 (8.2)45.6 
Other non-operating expenses0.2 — — 0.2 
Total expenses(115.4)53.8 (8.2)(69.8)
Other loss
Net investment losses of Consolidated Funds— (113.1)— (113.1)
Loss before provision for income taxes(781.6)(113.9)106.5 (789.0)
Benefit for income taxes(80.0)— — (80.0)
Net loss(701.6)(113.9)106.5 (709.0)
Net loss attributable to non-controlling interests in consolidated entities(89.6)— (7.4)(97.0)
Net loss attributable to The Carlyle Group Inc.(612.0)(113.9)113.9 (612.0)
Supplemental statement of cash flows
 Three Months Ended March 31,
 20212020
 (Dollars in millions)
Cash flows from operating activities
Net income (loss)$891.0 $(701.6)
Adjustments to reconcile net income (loss) to net cash flows from operating activities:
Depreciation and amortization13.4 12.6 
Equity-based compensation32.4 29.1 
Non-cash performance allocations and incentive fees(865.4)550.5 
Non-cash principal investment (income) loss(186.5)363.6 
Other non-cash amounts8.5 (9.5)
Purchases of investments(71.6)(53.6)
Proceeds from the sale of investments164.3 110.4 
Payments of contingent consideration(49.9)— 
Change in deferred taxes, net260.3 (101.0)
Change in due from affiliates and other receivables(5.4)11.4 
Change in deposits and other(1.4)(2.1)
Change in accounts payable, accrued expenses and other liabilities(69.1)(54.0)
Change in accrued compensation and benefits(328.0)(196.6)
Change in due to affiliates(0.4)(35.2)
Change in lease right-of-use asset and lease liability2.6 (3.3)
Change in deferred revenue255.8 225.9 
Net cash provided by operating activities50.6 146.6 
Cash flows from investing activities
Purchases of fixed assets, net(9.7)(13.2)
Net cash used in investing activities(9.7)(13.2)
Cash flows from financing activities
Borrowings under credit facilities— 251.0 
Repayments under credit facilities— (35.8)
Payments on debt obligations(66.6)(0.3)
Proceeds from debt obligations, net of financing costs43.4 — 
Dividends to common stockholders(88.7)(87.4)
Payment of deferred consideration for Carlyle Holdings units(68.8)(68.8)
Contributions from non-controlling interest holders3.7 4.2 
Distributions to non-controlling interest holders(15.3)(23.3)
Common shares repurchased(10.0)(26.4)
Change in due to/from affiliates financing activities71.1 51.1 
Net cash provided by (used in) financing activities(131.2)64.3 
Effect of foreign exchange rate changes(12.3)(17.2)
Increase (decrease) in cash, cash equivalents and restricted cash(102.6)180.5 
Cash, cash equivalents and restricted cash, beginning of period989.6 828.0 
Cash, cash equivalents and restricted cash, end of period$887.0 $1,008.5 
Reconciliation of cash, cash equivalents and restricted cash, end of period:
   Cash and cash equivalents$880.4 $1,007.9 
   Restricted cash6.6 0.6 
   Total cash, cash equivalents and restricted cash, end of period$887.0 $1,008.5 
   Cash and cash equivalents held at Consolidated Funds$174.6 $170.9