Item 1A. Unaudited Supplemental Presentation of Statements of Financial Condition

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Item 1A. Unaudited Supplemental Presentation of Statements of Financial Condition

Blackstone Inc.

Unaudited Consolidating Statements of Financial Condition

(Dollars in Thousands)


	September 30, 2021
	Consolidated			Consolidated
	Operating			Blackstone		Reclasses and
	Partnerships			Funds (a)		Eliminations			Consolidated

Assets
Cash and Cash Equivalents	$	5,011,433		$	—	$	—		$	5,011,433
Cash Held by Blackstone Funds and Other		—			113,731		—			113,731
Investments		23,399,419			2,104,705		(399,929	)		25,104,195
Accounts Receivable		432,011			64,254		—			496,265
Due from Affiliates		3,719,946			12,444		(14,271	)		3,718,119
Intangible Assets, Net		303,082			—		—			303,082
Goodwill		1,890,202			—		—			1,890,202
Other Assets		538,305			262		—			538,567
Right-of-Use Assets		745,886			—		—			745,886
Deferred Tax Assets		1,116,612			—		—			1,116,612

Total Assets	$	37,156,896		$	2,295,396	$	(414,200	)	$	39,038,092


Liabilities and Equity
Loans Payable	$	7,527,476		$	100	$	—		$	7,527,576
Due to Affiliates		1,332,475			108,005		(14,271	)		1,426,209
Accrued Compensation and Benefits		7,399,559			—		—			7,399,559
Securities Sold, Not Yet Purchased		11,912			23,745		—			35,657
Repurchase Agreements		—			36,545		—			36,545
Operating Lease Liabilities		863,020			—		—			863,020
Accounts Payable, Accrued Expenses and Other Liabilities		836,792			34,869		—			871,661

Total Liabilities		17,971,234			203,264		(14,271	)		18,160,227


Redeemable Non-Controlling Interests in Consolidated Entities		22,001			44,823		—			66,824


Equity
Common Stock		7			—		—			7
Series I Preferred Stock		—			—		—			—
Series II Preferred Stock		—			—		—			—
Additional Paid-in-Capital		6,037,628			359,923		(359,923	)		6,037,628
Retained Earnings		3,031,765			40,006		(40,006	)		3,031,765
Accumulated Other Comprehensive Loss		(15,357	)		—		—			(15,357	)
Non-Controlling Interests in Consolidated Entities		3,991,232			1,647,380		—			5,638,612
Non-Controlling Interests in Blackstone Holdings		6,118,386			—		—			6,118,386

Total Equity		19,163,661			2,047,309		(399,929	)		20,811,041

Total Liabilities and Equity	$	37,156,896		$	2,295,396	$	(414,200	)	$	39,038,092

Blackstone Inc.

Unaudited Consolidating Statements of Financial Condition - Continued

(Dollars in Thousands)


	December 31, 2020
	Consolidated			Consolidated
	Operating			Blackstone			Reclasses and
	Partnerships			Funds (a)			Eliminations			Consolidated

Assets
Cash and Cash Equivalents	$	1,999,484		$	—		$	—		$	1,999,484
Cash Held by Blackstone Funds and Other		—			64,972			—			64,972
Investments		14,425,035			1,455,008			(262,901	)		15,617,142
Accounts Receivable		746,059			120,099			—			866,158
Due from Affiliates		3,224,522			10,001			(13,008	)		3,221,515
Intangible Assets, Net		347,955			—			—			347,955
Goodwill		1,901,485			—			—			1,901,485
Other Assets		480,760			262			—			481,022
Right-of-Use Assets		526,943			—			—			526,943
Deferred Tax Assets		1,242,576			—			—			1,242,576

Total Assets	$	24,894,819		$	1,650,342		$	(275,909	)	$	26,269,252


Liabilities and Equity
Loans Payable	$	5,644,554		$	99		$	—		$	5,644,653
Due to Affiliates		1,070,955			77,095			(13,009	)		1,135,041
Accrued Compensation and Benefits		3,433,260			—			—			3,433,260
Securities Sold, Not Yet Purchased		9,324			41,709			—			51,033
Repurchase Agreements		—			76,808			—			76,808
Operating Lease Liabilities		620,844			—			—			620,844
Accounts Payable, Accrued Expenses and Other Liabilities		679,883			37,221			—			717,104

Total Liabilities		11,458,820			232,932			(13,009	)		11,678,743


Redeemable Non-Controlling Interests in Consolidated Entities		21,999			43,162			—			65,161


Equity
Common Stock		7			—			—			7
Series I Preferred Stock		—			—			—			—
Series II Preferred Stock		—			—			—			—
Additional Paid-in-Capital		6,332,105			269,235			(269,235	)		6,332,105
Retained Earnings		335,762			(6,335	)		6,335			335,762
Accumulated Other Comprehensive Loss		(15,831	)		—			—			(15,831	)
Non-Controlling Interests in Consolidated Entities		2,930,809			1,111,348			—			4,042,157
Non-Controlling Interests in Blackstone Holdings		3,831,148			—			—			3,831,148

Total Equity		13,414,000			1,374,248			(262,900	)		14,525,348

Total Liabilities and Equity	$	24,894,819		$	1,650,342		$	(275,909	)	$	26,269,252

(a)	The Consolidated Blackstone Funds consisted of the following:

Blackstone / GSO Global Dynamic Credit Feeder Fund (Cayman) LP

Blackstone / GSO Global Dynamic Credit Funding Designated Activity Company

Blackstone / GSO Global Dynamic Credit Master Fund

Blackstone / GSO Global Dynamic Credit USD Feeder Fund (Ireland)

Blackstone Annex Onshore Fund L.P.*

Blackstone Horizon Fund L.P.*

Blackstone Real Estate Special Situations Holdings L.P.

Blackstone Strategic Alliance Fund L.P.

BTD CP Holdings LP

Mezzanine

side-by-side

investment vehicles

Private equity

side-by-side

investment vehicles

Real estate

side-by-side

investment vehicles

Hedge Fund Solutions

side-by-side

investment vehicles.

*Consolidated as of September 30, 2021 only.

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