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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)20222021
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)202220212020
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)20222021
Balance Sheets:
Investments, net of depreciation$36,855.2 31,084.0 
Total assets40,367.9 34,816.3 
Mortgage indebtedness11,790.0 9,708.5 
Other borrowings3,100.5 1,864.1 
Total liabilities16,986.9 13,275.3 
Total equity23,381.0 21,541.0 
Year Ended December 31,
(in millions)202220212020
Statements of Operations:
Revenue$2,193.4 2,103.6 1,702.3 
Net income576.6 1,850.7 241.5 
Investments in real estate ventures
Year Ended December 31,
(in millions)202220212020
Fair value investments as of January 1,
$639.6 340.3 328.6 
Investments156.1 190.3 51.7 
Distributions(38.5)(84.0)(46.8)
Change in fair value61.3 201.2 (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)20222021
JLL Technologies investments$483.4 353.6 
LaSalle co-investments366.5 354.6 
Other investments23.9 37.5 
Total$873.8 745.7