10-Q
Quarterly Report
AFFILIATED MANAGERS GROUP, INC.
MGRE
NYSE
CIK: 1004434
File #: 001-13459
Balance Sheet
51 line items · 2 periods
XBRL
| Item | Mar 31, 2025 | Dec 31, 2024 |
|---|---|---|
Assets | ||
Cash and cash equivalents | 816,500,000 | 950,000,000 |
Receivables | 581,700,000 | 409,700,000 |
Investments | 592,800,000 | 595,600,000 |
Goodwill | 2,512,500,000 | 2,504,900,000 |
Acquired client relationships (net) | 1,703,900,000 | 1,777,800,000 |
Acquired Client Relationships | 1,703,900,000 | 1,777,800,000 |
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures | 2,159,500,000 | 2,246,600,000 |
Equity Method Investee | 2,159,500,000 | 2,246,600,000 |
Fixed assets (net) | 56,900,000 | 57,600,000 |
Other assets | 290,300,000 | 288,700,000 |
Affiliate Tax Distributions - Related Party | 59,800,000 | 59,200,000 |
Related Party | 8,600,000 | 7,900,000 |
Total assets | 8,714,100,000 | 8,830,900,000 |
Liabilities and Equity | ||
Payables and accrued liabilities | 665,700,000 | 639,100,000 |
Debt | 2,620,700,000 | 2,620,200,000 |
Senior bank debt | 0 | 0 |
Senior notes | 1,092,500,000 | 1,092,100,000 |
Junior subordinated notes | 1,189,100,000 | 1,189,000,000 |
Junior convertible securities | 339,100,000 | 339,100,000 |
Junior Convertible Trust Preferred Securities - Junior convertible securities | 341,700,000 | — |
Deferred tax liability (net) | 520,500,000 | 520,500,000 |
Other liabilities | 442,100,000 | 402,400,000 |
Private Equity Investment Partnerships of Affiliate - Related Party | 13,200,000 | 14,500,000 |
Affiliate Tax Distributions - Related Party | 82,100,000 | 87,800,000 |
Related Party | 48,400,000 | 54,800,000 |
Total liabilities | 4,249,000,000 | 4,182,200,000 |
Redeemable non-controlling interests | 366,100,000 | 350,500,000 |
Variable Interest Entity, Primary Beneficiary | 15,000,000 | 12,900,000 |
Equity: | ||
Common stock ($0.01 par value, 153.0 shares authorized; 58.5 shares issued as of December 31, 2024 and March 31, 2025) | 600,000 | 600,000 |
Additional paid-in capital | 667,800,000 | 733,100,000 |
Accumulated other comprehensive loss | (175,700,000) | (163,600,000) |
Retained earnings | 6,971,900,000 | 6,899,800,000 |
Total stockholders' equity before treasury stock | 7,464,600,000 | 7,469,900,000 |
Less: Treasury stock, at cost (28.9 shares and 29.7 shares as of December 31, 2024 and March 31, 2025, respectively) | 4,276,400,000 | 4,124,600,000 |
Total stockholders' equity | 3,188,200,000 | 3,345,300,000 |
Non-controlling interests | 910,800,000 | 952,900,000 |
Total equity | 4,099,000,000 | 4,298,200,000 |
Common Stock ($0.01 par value) | 600,000 | 600,000 |
Additional Paid-In Capital | 667,800,000 | 733,100,000 |
Accumulated Other Comprehensive Loss | (175,700,000) | (163,600,000) |
Retained Earnings | 6,971,900,000 | 6,899,800,000 |
Treasury Stock at Cost | (4,276,400,000) | (4,124,600,000) |
Non- controlling Interests | 910,800,000 | 952,900,000 |
Foreign currency translation gain (loss) | (259,500,000) | (253,800,000) |
Change in net realized and unrealized gain (loss) on derivative financial instruments | 900,000 | 400,000 |
Unrealized Gains (Losses) on Available-for-Sale Debt Securities | 0 | (400,000) |
Total | (258,600,000) | (253,800,000) |
Total liabilities and equity | 8,714,100,000 | 8,830,900,000 |