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Segments
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segments Segments
Summarized financial information by segment is as follows (dollars in millions):
Three Months Ended
June 30,		Six Months Ended
June 30,
2024202320242023
Revenue
Advisory Services$2,218 $2,042 $4,122 $3,895 
Global Workplace Solutions5,944 5,426 11,753 10,764 
Real Estate Investments232 256 460 480 
Corporate, other and eliminations (1)
(3)(4)(9)(8)
Total revenue$8,391 $7,720 $16,326 $15,131 
Segment Operating Profit
Advisory Services$344 $315 $606 $585 
Global Workplace Solutions258 233 490 462 
Real Estate Investments10 33 44 165 
Total reportable segment operating profit$612 $581 $1,140 $1,212 
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(1)Eliminations represent revenue from transactions with other operating segments. See Note 13.
Reconciliation of total reportable segment operating profit to net income is as follows (dollars in millions):
Three Months Ended
June 30,		Six Months Ended
June 30,
2024202320242023
Net income attributable to CBRE Group, Inc.$130 $201 $256 $318 
Net income attributable to non-controlling interests12 5 34 13 
Net income142 206 290 331 
Adjustments to increase (decrease) net income:
Depreciation and amortization161 155 319 316 
Interest expense, net of interest income63 43 99 71 
Provision for income taxes32 55 3 84 
Costs associated with efficiency and cost-reduction initiatives67 3 97 141 
Charges related to indirect tax settlement13 — 13 — 
Carried interest incentive compensation expense (reversal) to align with the timing of associated revenue1 (1)15 6 
Costs incurred related to legal entity restructuring— — 2 — 
Integration and other costs related to acquisitions (1)
13 36 8 54 
Corporate and other loss, including eliminations120 84 294 209 
Total reportable segment operating profit$612 $581 $1,140 $1,212 
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(1)During the first quarter of 2024, we incurred integration and other costs related to acquisitions of $17.5 million in deal and integration costs, offset by reversal of $21.7 million in previously recognized transaction-related bonus expense due to change in estimate.
Our chief operating decision maker (CODM) is not provided with total asset information by segment and accordingly, does not measure or allocate total assets on a segment basis. As a result, we have not disclosed any asset information by segment.
Geographic Information
Revenue in the table below is allocated based upon the country in which services are performed (dollars in millions):
Three Months Ended
June 30,		Six Months Ended
June 30,
2024202320242023
Revenue
United States$4,670 $4,211 $9,092 $8,356 
United Kingdom1,195 1,056 2,280 2,051 
All other countries2,526 2,453 4,954 4,724 
Total revenue$8,391 $7,720 $16,326 $15,131 
On June 24, 2024, we announced plans to combine our project management business with our Turner & Townsend subsidiary and expect this transaction to close early 2025. We intend to organize our operations around, and publicly report our financial results on, four reportable segments in 2025. For the remainder of 2024, we will continue to report our financial results under our existing reportable segments given this is how the CODM currently manages the business.