XML 60 R26.htm IDEA: XBRL DOCUMENT
v3.22.4

Investments in Real Estate Ventures (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract] |
Balance Sheet Amounts Consolidated for Variable Interest Entity [Table Text Block] | Summarized financial information for our consolidated VIEs is presented in the following tables. As a result of the reconsideration event described above, there are no consolidated VIE balances as of December 31, 2022 and net income is consolidated up to the reconsideration date.
| December 31,
(in millions) | 2022 | 2021
Property and equipment, net | $ | — |  | 184.7 |
Investments | — |  | 10.2 |
Other assets | — |  | 17.7 |
Total assets | $ | — |  | 212.6 |
Other current liabilities | $ | — |  | 2.1 |
Mortgage indebtedness (included in Other liabilities) | — |  | 107.5 |
Total liabilities | — |  | 109.6 |
Members' equity (included in Noncontrolling interest) | — |  | 103.0 |
Total liabilities and members' equity | $ | — |  | 212.6 |
Comprehensive Income Amounts Consolidated for Variable Interest Entity [Table Text Block] |
| Year Ended December 31,
(in millions) | 2022 | 2021 | 2020
Revenue | $ | 17.6 |  | 11.0 |  | 13.9 |
Operating and other expenses | (23.8) |  | (14.9) |  | (15.6) |
Net gain on sale of investments(1) | 142.3 |  | — |  | 22.1 |
Net income (loss) | $ | 136.1 |  | (3.9) |  | 20.4 |
Summary of Combined Financial Information for Unconsolidated Ventures | The following tables summarize the combined financial information for certain of our unconsolidated investments accounted for under the equity method or at fair value.
|  | December 31,
(in millions) |  | 2022 | 2021
Balance Sheets: |  |  |
| Investments, net of depreciation |  | $ | 36,855.2 |  | 31,084.0 |
| Total assets |  | 40,367.9 |  | 34,816.3 |
| Mortgage indebtedness |  | 11,790.0 |  | 9,708.5 |
| Other borrowings |  | 3,100.5 |  | 1,864.1 |
| Total liabilities |  | 16,986.9 |  | 13,275.3 |
| Total equity |  | 23,381.0 |  | 21,541.0 |
|  | Year Ended December 31,
(in millions) | 2022 | 2021 | 2020
Statements of Operations: |  |  |
| Revenue | $ | 2,193.4 |  | 2,103.6 |  | 1,702.3 |
| Net income | 576.6 |  | 1,850.7 |  | 241.5 |
Investments in real estate ventures |
| Year Ended December 31,
(in millions) | 2022 | 2021 | 2020
Fair value investments as of January 1, | $ | 639.6 |  | 340.3 |  | 328.6 |
Investments | 156.1 |  | 190.3 |  | 51.7 |
Distributions | (38.5) |  | (84.0) |  | (46.8) |
Change in fair value | 61.3 |  | 201.2 |  | (1.0) |
Foreign currency translation adjustments, net | (23.6) |  | (8.2) |  | 7.8 |
Fair value investments as of December 31, | $ | 794.9 |  | 639.6 |  | 340.3 |
Summarized investment balances | Summarized investment balances are presented in the following table.
| December 31,
(in millions) | 2022 | 2021
JLL Technologies investments | $ | 483.4 |  | 353.6 |
LaSalle co-investments | 366.5 |  | 354.6 |
Other investments | 23.9 |  | 37.5 |
Total | $ | 873.8 |  | 745.7 |

X
- Definition Balance Sheet Amounts Consolidated for Variable Interest Entity [Table Text Block] + References No definition available. + Details
Name: | jll_BalanceSheetAmountsConsolidatedforVariableInterestEntityTableTextBlock
Namespace Prefix: | jll_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Comprehensive Income Amounts Consolidated for Variable Interest Entity [Table Text Block] + References No definition available. + Details
Name: | jll_ComprehensiveIncomeAmountsConsolidatedforVariableInterestEntityTableTextBlock
Namespace Prefix: | jll_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summarized investment balances + References No definition available. + Details
Name: | jll_SummarizedInvestmentBalancesTableTextBlock
Namespace Prefix: | jll_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure combined financial information for unconsolidated ventures accounted for under the equity method of accounting. + References No definition available. + Details
Name: | jll_SummaryOfCombinedFinancialInformationForUnconsolidatedVenturesTableTextBlock
Namespace Prefix: | jll_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of investment. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 325 -URI https://asc.fasb.org/topic&trid=2197064 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 321 -URI https://asc.fasb.org/topic&trid=75115024 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI https://asc.fasb.org/topic&trid=2196928 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI https://asc.fasb.org/topic&trid=2196965 + Details
Name: | us-gaap_InvestmentTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration