Other Liabilities (Tables)

12 Months Ended

Dec. 31, 2020

Other Liabilities Disclosure [Abstract]

Schedule of Other Liabilities

The table below details the components of other liabilities:

	As of
$ in millions	December 31, 2020	December 31, 2019
Compensation and benefits	148.2	195.6
Accrued bonus and deferred compensation	825.5	835.1
Accrued compensation and benefits	973.7	1,030.7
Accruals and other liabilities	307.6	403.9
OppenheimerFunds acquisition-related matter (See Note 20)	387.8	—
Forward contract collateral (See Note 10)	104.1	—
Forward contract payable (See Note 10)	309.0	496.5
Lease liability (See Note 15)	319.2	364.8
Deferred carried interest (1)	58.0	45.8
Contingent consideration liability (See Note 3)	18.6	60.2
Accounts payable	348.9	414.6
Income taxes payable	67.2	118.2
Accounts payable and accrued expenses	1,920.4	1,904.0

__________

(1) The opening and closing balance of deferred carried interest liabilities for the year ended December 31, 2020 was $45.8 million and $58.0 million, respectively. During the year ended December 31, 2020, no performance fee revenue was recognized that had been included in the deferred carried interest liability balance at the beginning of the period.