XML 231 R31.htm IDEA: XBRL DOCUMENT v3.22.2
Business Segments (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Segment Reporting Information [Line Items]        
Restructuring and acquisition charges $ (25.9) $ (18.1) $ (45.4) $ (35.3)
Gain (Loss) on Disposition of Business (7.5) 0.0 (7.5) 12.0
Interest Expense, Net of Interest Income (15.7) (10.6) (25.9) (21.0)
Provision for income taxes (72.8) (54.9) (113.1) (83.1)
Depreciation and amortization adjusted (54.4) (54.5) (108.8) (107.5)
Depreciation and amortization (55.4) (54.5) (109.8) (107.5)
Equity in earnings (losses) 53.6 40.8 72.1 89.3
Net non-cash mortgage servicing rights and mortgage banking derivative activity 11.2 5.7 7.6 15.4
Adjusted EBITDA 359.0 332.4 632.6 522.5
Segment revenue:        
Revenue 5,278.4 4,495.0 10,079.8 8,532.1
Markets Advisory        
Segment Reporting Information [Line Items]        
Depreciation and amortization adjusted (16.3) (16.7) (33.4) (32.6)
Equity in earnings (losses) 0.4 0.1 0.9 0.5
Adjusted EBITDA 134.0 113.9 245.2 179.9
Segment revenue:        
Revenue 1,118.2 951.3 2,117.7 1,744.0
Capital Markets        
Segment Reporting Information [Line Items]        
Depreciation and amortization (15.4) (16.7) (31.0) (32.6)
Equity in earnings (losses) 0.6 1.4 1.4 1.8
Adjusted EBITDA 126.7 120.8 244.9 179.9
Segment revenue:        
Revenue 684.5 552.1 1,285.1 963.8
Work Dynamics        
Segment Reporting Information [Line Items]        
Depreciation and amortization (17.0) (16.8) (33.5) (33.0)
Equity in earnings (losses) 0.9 (0.3) 1.2 (0.2)
Adjusted EBITDA 57.6 51.2 92.8 76.1
Segment revenue:        
Revenue 3,310.5 2,836.2 6,344.1 5,534.3
JLL Technologies        
Segment Reporting Information [Line Items]        
Depreciation and amortization (3.9) (2.2) (7.7) (5.1)
Equity in earnings (losses) 44.7 16.2 63.5 50.8
Adjusted EBITDA 12.9 (1.5) 0.6 12.5
Segment revenue:        
Revenue 50.7 39.6 100.1 83.0
LaSalle Investment Management        
Segment Reporting Information [Line Items]        
Depreciation and amortization (1.8) (2.1) (3.2) (4.2)
Equity in earnings (losses) 7.0 23.4 5.1 36.4
Adjusted EBITDA 27.8 48.0 49.1 74.1
Segment revenue:        
Revenue 114.5 115.8 232.8 207.0
Leasing | Markets Advisory        
Segment revenue:        
Revenue 708.4 572.4 1,309.3 989.0
Property Management | Markets Advisory        
Segment revenue:        
Revenue 378.2 347.8 748.7 695.4
Advisory and Consulting | Markets Advisory        
Segment revenue:        
Revenue 31.6 31.1 59.7 59.6
Investment Sales, Debt/Equity Advisory and Other | Capital Markets        
Segment revenue:        
Revenue 549.7 430.1 1,025.8 732.1
Valuation Advisory | Capital Markets        
Segment revenue:        
Revenue 94.4 91.4 179.0 171.1
Loan Servicing | Capital Markets        
Segment revenue:        
Revenue 40.4 30.6 80.3 60.6
Workplace Management | Work Dynamics        
Segment revenue:        
Revenue 2,434.0 2,107.2 4,754.4 4,155.6
Project Management | Work Dynamics        
Segment revenue:        
Revenue 754.8 617.8 1,367.1 1,169.6
Portfolio Services and Other | Work Dynamics        
Segment revenue:        
Revenue 121.7 111.2 222.6 209.1
Advisory Fees | LaSalle Investment Management        
Segment revenue:        
Revenue 103.2 89.6 200.2 173.1
Transaction Fees & Other | LaSalle Investment Management        
Segment revenue:        
Revenue 10.3 11.0 27.4 18.7
Incentive Fees | LaSalle Investment Management        
Segment revenue:        
Revenue $ 1.0 $ 15.2 $ 5.2 $ 15.2