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Revenue from Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue from Contracts with Customers

The following tables represent a disaggregation of revenue from contracts with customers by type of service and/or segment (dollars in millions):

			Three Months Ended June 30, 2024
			Advisory Services						Global Workplace Solutions						Real Estate Investments						Corporate, other and eliminations						Consolidated
Topic 606 Revenue:
Facilities management			$	—					$	4,127					$	—					$	—					$	4,127
Project management			—						1,817						—						—						1,817
Advisory leasing			884						—						—						—						884
Advisory sales			386						—						—						—						386
Property management			555						—						—						(3)						552
Valuation			184						—						—						—						184
Commercial mortgage origination (1)			44						—						—						—						44
Loan servicing (2)			22						—						—						—						22
Investment management			—						—						149						—						149
Development services			—						—						80						—						80
Topic 606 Revenue			2,075						5,944						229						(3)						8,245
Out of Scope of Topic 606 Revenue:
Commercial mortgage origination			81						—						—						—						81
Loan servicing			62						—						—						—						62
Development services (3)			—						—						3						—						3
Total Out of Scope of Topic 606 Revenue			143						—						3						—						146
Total Revenue			$	2,218					$	5,944					$	232					$	(3)					$	8,391

			Three Months Ended June 30, 2023
			Advisory Services						Global Workplace Solutions						Real Estate Investments						Corporate, other and eliminations						Consolidated
Topic 606 Revenue:
Facilities management			$	—					$	3,687					$	—					$	—					$	3,687
Project management			—						1,739						—						—						1,739
Advisory leasing			814						—						—						—						814
Advisory sales			398						—						—						—						398
Property management			481						—						—						(4)						477
Valuation			180						—						—						—						180
Commercial mortgage origination (1)			32						—						—						—						32
Loan servicing (2)			18						—						—						—						18
Investment management			—						—						151						—						151
Development services			—						—						103						—						103
Topic 606 Revenue			1,923						5,426						254						(4)						7,599
Out of Scope of Topic 606 Revenue:
Commercial mortgage origination			58						—						—						—						58
Loan servicing			61						—						—						—						61
Development services (3)			—						—						2						—						2
Total Out of Scope of Topic 606 Revenue			119						—						2						—						121
Total Revenue			$	2,042					$	5,426					$	256					$	(4)					$	7,720

			Six Months Ended June 30, 2024
			Advisory Services						Global Workplace Solutions						Real Estate Investments						Corporate, other and eliminations						Consolidated
Topic 606 Revenue:
Facilities management			$	—					$	8,193					$	—					$	—					$	8,193
Project management			—						3,560						—						—						3,560
Advisory leasing			1,624						—						—						—						1,624
Advisory sales			712						—						—						—						712
Property management			1,051						—						—						(9)						1,042
Valuation			351						—						—						—						351
Commercial mortgage origination (1)			73						—						—						—						73
Loan servicing (2)			42						—						—						—						42
Investment management			—						—						298						—						298
Development services			—						—						158						—						158
Topic 606 Revenue			3,853						11,753						456						(9)						16,053
Out of Scope of Topic 606 Revenue:
Commercial mortgage origination			146						—						—						—						146
Loan servicing			123						—						—						—						123
Development services (3)			—						—						4						—						4
Total Out of Scope of Topic 606 Revenue			269						—						4						—						273
Total Revenue			$	4,122					$	11,753					$	460					$	(9)					$	16,326

			Six Months Ended June 30, 2023
			Advisory Services						Global Workplace Solutions						Real Estate Investments						Corporate, other and eliminations						Consolidated
Topic 606 Revenue:
Facilities management			$	—					$	7,367					$	—					$	—					$	7,367
Project management			—						3,397						—						—						3,397
Advisory leasing			1,523						—						—						—						1,523
Advisory sales			765						—						—						—						765
Property management			945						—						—						(8)						937
Valuation			345						—						—						—						345
Commercial mortgage origination (1)			57						—						—						—						57
Loan servicing (2)			35						—						—						—						35
Investment management			—						—						299						—						299
Development services			—						—						177						—						177
Topic 606 Revenue			3,670						10,764						476						(8)						14,902
Out of Scope of Topic 606 Revenue:
Commercial mortgage origination			104						—						—						—						104
Loan servicing			121						—						—						—						121
Development services (3)			—						—						4						—						4
Total Out of Scope of Topic 606 Revenue			225						—						4						—						229
Total Revenue			$	3,895					$	10,764					$	480					$	(8)					$	15,131

________________________________________________________________________________________________________________________________________

(1)We earn fees for arranging financing for borrowers with third-party lender contacts. Such fees are in scope of Topic 606.

(2)Loan servicing fees earned from servicing contracts for which we do not hold mortgage servicing rights are in scope of Topic 606.

(3)Out of scope revenue for development services represents selling profit from transfers of sales-type leases in the scope of Topic 842.

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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- References

No definition available.

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