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Business Segments (Tables)
 9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Summarized Unaudited Financial Information by Business Segments
Summarized financial information by business segment is as follows.
 
Three Months Ended September 30,
Nine Months Ended September 30,
(in millions)
2016
2015
2016
2015
Real Estate Services
 
 
 
 
Americas
 
 
 
 
Revenue
$
771.1

639.4

$
2,047.5

1,791.0

Gross contract costs
(52.6
)
(52.2
)
(144.8
)
(158.0
)
Total fee revenue
718.5

587.2

1,902.7

1,633.0

Operating expenses:
 

 

 

 

Compensation, operating and administrative expenses
686.9

566.7

1,848.9

1,606.9

Depreciation and amortization
22.9

15.6

60.2

46.5

Total segment operating expenses
709.8

582.3

1,909.1

1,653.4

Gross contract costs
(52.6
)
(52.2
)
(144.8
)
(158.0
)
Total fee-based segment operating expenses
657.2

530.1

1,764.3

1,495.4

Segment operating income
$
61.3

57.1

$
138.4

137.6

Equity earnings
0.1

4.5

0.8

5.4

Total segment income
$
61.4

61.6

$
139.2

143.0

 
 
 
 
 
EMEA
 
 
 
 
Revenue
$
522.7

447.0

$
1,373.4

1,189.1

Gross contract costs
(146.2
)
(114.1
)
(407.3
)
(276.0
)
Total fee revenue
376.5

332.9

966.1

913.1

Operating expenses:
 

 

 

 

Compensation, operating and administrative expenses
511.6

413.8

1,338.4

1,116.0

Depreciation and amortization
8.0

6.8

23.8

18.1

Total segment operating expenses
519.6

420.6

1,362.2

1,134.1

Gross contract costs
(146.2
)
(114.1
)
(407.3
)
(276.0
)
Total fee-based segment operating expenses
373.4

306.5

954.9

858.1

Segment operating income
$
3.1

26.4

$
11.2

55.0

Equity earnings (losses)
—

—

(0.1
)
0.7

Total segment income
$
3.1

26.4

$
11.1

55.7

Continued: Summarized financial information by business segment is as follows.
 
Three Months Ended September 30,
Nine Months Ended September 30,
(in millions)
2016
2015
2016
2015
Real Estate Services
 
 
 
 
Asia Pacific
 
 
 
 
Revenue
$
331.1

280.7

$
916.9

798.0

Gross contract costs
(59.2
)
(47.7
)
(183.4
)
(146.0
)
Total fee revenue
271.9

233.0

733.5

652.0

Operating expenses:
 

 

 

 

Compensation, operating and administrative expenses
310.2

264.3

871.6

753.7

Depreciation and amortization
4.2

3.7

12.4

10.9

Total segment operating expenses
314.4

268.0

884.0

764.6

Gross contract costs
(59.2
)
(47.7
)
(183.4
)
(146.0
)
Total fee-based segment operating expenses
255.2

220.3

700.6

618.6

Segment operating income
$
16.7

12.7

$
32.9

33.4

Equity earnings
0.5

0.2

0.5

0.2

Total segment income
$
17.2

12.9

$
33.4

33.6

 
 
 
 
 
LaSalle
 

 

 

 

Revenue
$
80.3

134.2

$
307.8

300.1

Operating expenses:
 

 

 
 
Compensation, operating and administrative expenses
71.6

91.5

238.0

227.8

Depreciation and amortization
0.8

0.5

2.1

1.6

Total segment operating expenses
72.4

92.0

240.1

229.4

Segment operating income
$
7.9

42.2

$
67.7

70.7

Equity earnings
4.9

20.7

26.5

57.6

Total segment income
$
12.8

62.9

$
94.2

128.3

 
 
 
 
 
Segment Reconciling Items
 

 

 

 

Total revenue
$
1,705.2

1,501.3

$
4,645.6

4,078.2

Total segment operating expenses before restructuring and acquisition charges
1,616.2

1,362.8

4,395.4

3,781.5

Operating income before restructuring and acquisition charges
89.0

138.5

250.2

296.7

Restructuring and acquisition charges
18.0

18.2

35.9

20.8

Operating income
$
71.0

120.3

$
214.3

275.9