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Business Segments (Tables)
 9 Months Ended
Sep. 30, 2020
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)
2020
2019
2020
2019
Americas
 
 
 
 
Leasing
$
325.2

472.7

$
1,022.2

1,354.3

Capital Markets
190.8

323.2

579.0

553.1

Property & Facility Management
1,433.3

1,386.3

4,331.6

4,119.2

Project & Development Services
336.2

406.0

917.9

1,091.5

Advisory, Consulting and Other
95.3

99.4

282.2

283.2

Revenue
$
2,380.8

2,687.6

$
7,132.9

7,401.3

Depreciation and amortization
$
36.4

35.3

$
112.9

88.9

Equity earnings
$
4.8

1.5

$
20.4

1.6

Segment income
$
140.0

177.9

$
277.1

359.1

 
 
 
 
 
EMEA
 
 
 
 
Leasing
$
58.5

72.2

$
153.3

190.3

Capital Markets
73.3

106.2

196.5

248.7

Property & Facility Management
348.7

387.1

1,044.2

1,137.0

Project & Development Services
190.8

234.2

558.3

633.9

Advisory, Consulting and Other
72.5

62.9

173.6

194.4

Revenue
$
743.8

862.6

$
2,125.9

2,404.3

Depreciation and amortization
$
9.8

10.1

$
28.0

32.7

Equity earnings (losses)
$
0.8

—

$
0.8

(1.0
)
Segment income (loss)
$
(1.9
)
13.8

$
(55.8
)
(17.9
)
 
 
 
 
 
Asia Pacific
 
 
 
 
Leasing
$
46.6

59.4

$
105.8

161.5

Capital Markets
20.4

50.6

66.1

128.2

Property & Facility Management
521.3

539.4

1,568.5

1,630.6

Project & Development Services
104.5

145.7

296.5

393.9

Advisory, Consulting and Other
50.4

38.7

133.7

123.5

Revenue
$
743.2

833.8

$
2,170.6

2,437.7

Depreciation and amortization
$
6.9

6.5

$
20.5

19.3

Equity earnings
$
0.9

0.7

$
0.7

1.4

Segment income
$
35.8

31.5

$
57.4

59.5

 
 
 
 
 
LaSalle
 
 
 
 
Advisory fees
$
84.6

79.9

$
251.1

237.0

Transaction fees & other
17.7

14.2

36.1

43.7

Incentive fees
8.0

17.5

27.9

58.7

Revenue
$
110.3

111.6

$
315.1

339.4

Depreciation and amortization
$
1.8

1.7

$
5.4

4.7

Equity earnings (losses)
$
8.5

14.9

$
(20.5
)
30.3

Segment income
$
29.5

35.5

$
28.8

93.0

The following table is a reconciliation of Segment income to consolidated Operating income.
 
Three Months Ended September 30,
Nine Months Ended September 30,
(in millions)
2020
2019
2020
2019
Segment income - Americas
$
140.0

177.9

$
277.1

359.1

Segment income (loss) - EMEA
(1.9
)
13.8

(55.8
)
(17.9
)
Segment income - APAC
35.8

31.5

57.4

59.5

Segment income - LaSalle
29.5

35.5

28.8

93.0

Less: Equity earnings
(15.0
)
(17.1
)
(1.4
)
(32.3
)
Add: Restructuring and acquisition charges
(33.5
)
(70.0
)
(75.8
)
(114.3
)
Operating income
$
154.9

171.6

$
230.3

347.1