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Business Segments (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Summarized Unaudited Financial Information by Business Segments

Summarized financial information by business segment is as follows.

			Three Months Ended June 30,						Six Months Ended June 30,
(in millions)			2021			2020			2021			2020
Americas
Leasing			$	484.2		278.1			$	847.9		697.0
Capital Markets			296.0			140.8			512.9			388.2
Property & Facility Management			1,517.2			1,439.5			3,012.0			2,898.3
Project & Development Services			303.0			275.3			572.8			581.7
Advisory, Consulting and Other			101.1			95.3			199.8			186.9
Revenue			$	2,701.5		2,229.0			$	5,145.4		4,752.1
Depreciation and amortization			$	34.3		39.1			$	67.4		76.5
Equity earnings			$	16.5		2.9			$	51.0		15.6
Segment income			$	206.6		42.5			$	351.6		137.1
EMEA
Leasing			$	74.0		46.7			$	128.4		94.8
Capital Markets			99.4			50.0			173.6			123.2
Property & Facility Management			361.9			320.5			706.0			695.5
Project & Development Services			204.8			164.3			388.5			367.5
Advisory, Consulting and Other			69.7			44.7			129.5			101.1
Revenue			$	809.8		626.2			$	1,526.0		1,382.1
Depreciation and amortization			$	11.0		9.0			$	21.9		18.2
Equity earnings			$	—		—			$	—		—
Segment income (loss)			$	0.3		(33.4)			$	(35.5)		(53.9)
Asia Pacific
Leasing			$	52.7		33.8			$	84.1		59.2
Capital Markets			53.0			24.0			82.3			45.7
Property & Facility Management			587.5			515.2			1,162.6			1,047.2
Project & Development Services			109.9			97.2			208.2			192.0
Advisory, Consulting and Other			64.8			45.1			116.5			83.3
Revenue			$	867.9		715.3			$	1,653.7		1,427.4
Depreciation and amortization			$	7.6		7.0			$	14.9		13.6
Equity earnings (losses)			$	1.0		0.5			$	2.0		(0.2)
Segment income			$	36.5		19.2			$	54.3		21.6
LaSalle
Advisory fees			$	89.6		80.9			$	173.1		166.5
Transaction fees & other			11.0			4.8			18.7			18.4
Incentive fees			15.2			14.2			15.2			19.9
Revenue			$	115.8		99.9			$	207.0		204.8
Depreciation and amortization			$	1.6		1.8			$	3.3		3.6
Equity earnings (losses)			$	23.3		11.3			$	36.3		(29.0)
Segment income (loss)			$	39.8		25.4			$	59.2		(0.7)

The following table is a reconciliation of Segment income to consolidated Operating income.

			Three Months Ended June 30,						Six Months Ended June 30,
(in millions)			2021			2020			2021			2020
Segment income - Americas			$	206.6		42.5			$	351.6		137.1
Segment income (loss) - EMEA			0.3			(33.4)			(35.5)			(53.9)
Segment income - APAC			36.5			19.2			54.3			21.6
Segment income (loss) - LaSalle			39.8			25.4			59.2			(0.7)
Less: Equity (earnings) losses			(40.8)			(14.7)			(89.3)			13.6
Add: Restructuring and acquisition charges			(18.1)			(28.2)			(35.3)			(42.3)
Operating income			$	224.3		10.8			$	305.0		75.4

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

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- References

No definition available.

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