XML 58 R26.htm IDEA: XBRL DOCUMENT v3.20.4
Business Segments (Tables)
 12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Summary of financial information by business segment
Summarized financial information by business segment is as follows.
Year Ended December 31,
(in millions)202020192018
Americas - Real Estate Services  
Leasing$1,451.2 1,960.5 1,754.1 
Capital Markets952.0 914.2 500.3 
Property & Facility Management5,878.2 5,607.9 5,142.2 
Project & Development Services1,333.5 1,689.6 1,301.7 
Advisory, Consulting and Other390.3 406.7 342.7 
Revenue$10,005.2 10,578.9 9,041.0 
Depreciation and amortization$151.4 126.5 109.1 
Equity earnings$19.0 1.7 0.8 
Segment income$554.9 613.1 422.7 
EMEA - Real Estate Services
Leasing$245.6 302.7 333.0 
Capital Markets330.7 411.9 464.1 
Property & Facility Management1,456.6 1,551.6 1,482.2 
Project & Development Services785.6 904.3 920.3 
Advisory, Consulting and Other274.3 300.2 295.4 
Revenue$3,092.8 3,470.7 3,495.0 
Depreciation and amortization$40.0 43.1 50.8 
Equity losses$— (1.0)— 
Segment (loss) income $(16.0)46.0 77.0 
Asia Pacific - Real Estate Services
Leasing$187.4 260.8 285.0 
Capital Markets124.7 216.1 181.0 
Property & Facility Management2,150.6 2,205.2 2,158.4 
Project & Development Services411.0 527.6 447.0 
Advisory, Consulting and Other196.4 197.8 177.1 
Revenue$3,070.1 3,407.5 3,248.5 
Depreciation and amortization$27.8 26.4 23.2 
Equity earnings$1.4 2.3 2.0 
Segment income$116.4 129.6 115.1 
LaSalle
Advisory fees$336.4 326.4 276.7 
Transaction fees & other43.9 61.3 41.4 
Incentive fees41.5 138.4 215.8 
Revenue$421.8 526.1 533.9 
Depreciation and amortization$7.2 6.4 3.0 
Equity (losses) earnings$(12.4)33.3 30.0 
Segment income$54.2 147.4 163.7 
Year Ended December 31,
(in millions)202020192018
Segment income - Americas$554.9 613.1 422.7 
Segment (loss) income - EMEA(16.0)46.0 77.0 
Segment income - Asia Pacific116.4 129.6 115.1 
Segment income - LaSalle54.2 147.4 163.7 
Less: Equity earnings(8.0)(36.3)(32.8)
Add: Restructuring and acquisition charges(142.4)(184.4)(38.8)
Operating income$559.1 715.4 706.9 
Revenue from External Customers by Geographic Areas The following table sets forth the revenue from our most significant currencies.
TOTAL REVENUE
Year Ended December 31,
(in millions)202020192018
United States dollar$9,457.8 10,054.9 8,523.8 
Euro1,350.6 1,507.7 1,527.1 
British pound1,341.1 1,514.8 1,526.3 
Australian dollar876.1 924.5 916.7 
Indian rupee524.5 651.8 580.4 
Hong Kong dollar512.2 533.8 487.2 
Chinese yuan473.1 505.9 505.5 
Canadian dollar432.6 435.5 390.5 
Japanese yen257.9 349.4 285.2 
Singapore dollar246.6 309.2 458.7 
Other currencies1,117.4 1,195.7 1,117.0 
$16,589.9 17,983.2 16,318.4