XML 36 R24.htm IDEA: XBRL DOCUMENT
v3.10.0.1

New Accounting Standards ASC 606 Adoption (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2018
ASC 606 Adoption [Abstract] |
Schedule of Prospective Adoption of New Accounting Pronouncements [Table Text Block] | The impact of adopting new accounting pronouncements on a retrospective basis to the Consolidated Balance Sheet as of December 31, 2017, and Condensed Consolidated Statement of Comprehensive Income for the three and six months ended June 30, 2017, were as follows (for impacted financial statement captions):
(in millions) | Published December 31, 2017 (audited) | Adjustment due to ASC Topic 606 |  | As Restated December 31, 2017 (unaudited)
Assets |  |  |  |
Trade receivables, net of allowances(1) | $ | 2,118.1 |  | (378.7 | ) |  | $ | 1,739.4 |
Note and other receivables(1) | 393.6 |  | (8.3 | ) |  | 385.3 |
Reimbursable receivables | n/a |  | 1,263.3 |  |  | 1,263.3 |
Short-term contract assets | n/a |  | 178.4 |  |  | 178.4 |
Prepaid & other current assets(2) | 257.7 |  | 131.4 |  |  | 389.1 |
Long-term receivables | 168.6 |  | (3.9 | ) |  | 164.7 |
Other assets | 97.8 |  | 57.7 |  |  | 155.5 |
Liabilities and equity |  |  |  |
Accounts payable and accrued liabilities(1) | $ | 1,011.6 |  | (18.5 | ) |  | $ | 993.1 |
Reimbursable payables | n/a |  | 1,022.6 |  |  | 1,022.6 |
Accrued compensation & benefits | 1,309.0 |  | 110.1 |  |  | 1,419.1 |
Short-term contract liabilities and deferred income(1) | 158.9 |  | (3.5 | ) |  | 155.4 |
Other current liabilities(1) | 263.8 |  | (7.0 | ) |  | 256.8 |
Deferred tax liabilities, net | 23.9 |  | 39.3 |  |  | 63.2 |
Retained earnings | 2,552.8 |  | 96.2 |  |  | 2,649.0 |
Accumulated other comprehensive (loss) income | (341.8 | ) | 1.0 |  |  | (340.8 | )
(1) Adjustments in these captions reflect reclassifications to new financial statement captions, Reimbursable receivables and Reimbursable payables. (2) Adjustments in this caption reflect an increase to restricted cash held on behalf of clients for contracts now presented on a gross basis.
(in millions) | Published Three months ended June 30, 2017 (unaudited) | Adjustment due to ASC Topic 606 | Adjustment due to ASU 2017-07 |  | As Restated Three months ended June 30, 2017 (unaudited)
Revenue |  |  |  |  |
Revenue before reimbursements(1) | $ | 1,834.7 |  | 39.8 |  | — |  |  | $ | 1,874.5 |
Reimbursements(1) | n/a |  | 1,595.8 |  | — |  |  | 1,595.8 |
Total revenue | 1,834.7 |  | 1,635.6 |  | — |  |  | 3,470.3 |
Operating expenses |  |  |  |  |
Compensation and benefits(1) | 1,049.0 |  | 17.4 |  | — |  |  | 1,066.4 |
Operating, administrative and other(1) | 634.8 |  | (4.1 | ) | — |  |  | 630.7 |
Reimbursed expenses(1) | n/a |  | 1,595.8 |  | — |  |  | 1,595.8 |
Operating income | 104.3 |  | 26.5 |  | — |  |  | 130.8 |
Other income | — |  | — |  | — |  |  | — |
Provision for income taxes | 25.5 |  | 10.3 |  | — |  |  | 35.8 |
Net income | 78.7 |  | 16.2 |  | — |  |  | 94.9 |
Basic earnings per common share | $ | 1.73 |  | 0.35 |  | — |  |  | $ | 2.08 |
Diluted earnings per common share | $ | 1.71 |  | 0.35 |  | — |  |  | $ | 2.06 |
(1) Included in "Adjustments due to ASC Topic 606" is $12.3 million representing the reclassification of historical reimbursed expenses and the corresponding reimbursement revenue into new financial statement captions, Reimbursements and Reimbursed expenses.
(in millions) | Published Six months ended June 30, 2017 (unaudited) | Adjustment due to ASC Topic 606 | Adjustment due to ASU 2017-07 |  | As Restated Six months ended June 30, 2017 (unaudited)
Revenue |  |  |  |  |
Revenue before reimbursements(1) | $ | 3,449.9 |  | 40.9 |  | — |  |  | $ | 3,490.8 |
Reimbursements(1) | n/a |  | 3,097.2 |  | — |  |  | 3,097.2 |
Total revenue | 3,449.9 |  | 3,138.1 |  | — |  |  | 6,588.0 |
Operating expenses |  |  |  |  |
Compensation and benefits(1) | 2,014.3 |  | 28.7 |  | 1.0 |  |  | 2,044.0 |
Operating, administrative and other(1) | 1,218.6 |  | (8.4 | ) | — |  |  | 1,210.2 |
Reimbursed expenses(1) | n/a |  | 3,097.2 |  | — |  |  | 3,097.2 |
Operating income | 126.6 |  | 20.6 |  | (1.0 | ) |  | 146.2 |
Other income | — |  | — |  | 1.0 |  |  | 1.0 |
Provision for income taxes | 29.1 |  | 8.0 |  | — |  |  | 37.1 |
Net income | 90.0 |  | 12.6 |  | — |  |  | 102.6 |
Basic earnings per common share | $ | 1.97 |  | 0.27 |  | — |  |  | $ | 2.24 |
Diluted earnings per common share | $ | 1.95 |  | 0.27 |  | — |  |  | $ | 2.22 |
(1) Included in "Adjustments due to ASC Topic 606" is $30.2 million representing the reclassification of historical reimbursed expenses and the corresponding reimbursement revenue into new financial statement captions, Reimbursements and Reimbursed expenses.

X
- Definition ASC 606 Adoption [Abstract] + References No definition available. + Details
Name: | jll_ASC606AdoptionAbstract
Namespace Prefix: | jll_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the comparison between amounts disclosed under previous guidance and new guidance. + References No definition available. + Details
Name: | us-gaap_ScheduleOfProspectiveAdoptionOfNewAccountingPronouncementsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration