XML 37 R22.htm IDEA: XBRL DOCUMENT
v3.25.3

Business Combinations, Goodwill and Other Intangible Assets (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Schedule of Business Acquisitions, Pro Forma Revenue [Line Items] |
Summary of Earn-out Payments [Table Text Block] | Earn-Out Payments
($ in millions) | September 30, 2025 |  | December 31, 2024
Number of acquisitions with earn-out payments subject to the achievement of certain performance criteria | 12 |  |  | 13 |
Maximum earn-out payments (undiscounted) | $ | 75.2 |  |  | 108.0 |
Short-term earn-out liabilities (fair value)(1) | 6.0 |  |  | 12.0 |
Long-term earn-out liabilities (fair value)(1) | 10.1 |  |  | 23.8 |
(1) Included in Other current and Other long-term liabilities on the Consolidated Balance Sheets.
Movements in Goodwill by Reporting Segment | The following table details, by reporting segment, movements in goodwill.
(in millions) | Real Estate Management Services | Leasing Advisory | Capital Markets Services | Investment Management | Software and Technology Solutions |  | Consolidated
Balance as of January 1, 2025 | $ | 961.2 |  | 1,372.6 |  | 1,971.5 |  | 55.9 |  | 250.1 |  |  | $ | 4,611.3 |
Additions, net of adjustments | — |  | — |  | 6.6 |  | — |  | — |  |  | 6.6 |
Impact of exchange rate movements | 13.9 |  | 32.6 |  | 39.9 |  | 1.3 |  | (0.1) |  |  | 87.6 |
Balance as of September 30, 2025 | $ | 975.1 |  | 1,405.2 |  | 2,018.0 |  | 57.2 |  | 250.0 |  |  | $ | 4,705.5 |
Movements in Gross Carrying Amount and Accumulated Amortization of Finite-Lived Intangible Assets | The following tables detail, by intangible type, movements in the gross carrying amount and accumulated amortization of our identifiable intangibles.
(in millions) | MSRs | Other Intangibles |  | Consolidated
Gross Carrying Amount |  |  |  |
Balance as of December 31, 2024 | $ | 851.1 |  | 543.8 |  |  | $ | 1,394.9 |
Additions, net of adjustments | 72.1 |  | 0.5 |  |  | 72.6 |
Adjustment for fully amortized intangibles | (41.0) |  | (218.1) |  |  | (259.1) |
Impact of exchange rate movements | — |  | 9.7 |  |  | 9.7 |
Balance as of September 30, 2025 | $ | 882.2 |  | 335.9 |  |  | $ | 1,218.1 |
Accumulated Amortization |  |  |  |
Balance as of December 31, 2024 | $ | (380.0) |  | (290.8) |  |  | $ | (670.8) |
Amortization expense, net(1) | (87.4) |  | (43.9) |  |  | (131.3) |
Adjustment for fully amortized intangibles | 41.0 |  | 218.1 |  |  | 259.1 |
Impact of exchange rate movements | — |  | (3.7) |  |  | (3.7) |
Balance as of September 30, 2025 | $ | (426.4) |  | (120.3) |  |  | $ | (546.7) |
Net book value as of September 30, 2025 | $ | 455.8 |  | 215.6 |  |  | $ | 671.4 |
(1) Included in this amount for MSRs was $5.8 million related to write-offs due to prepayments of sold warehouse receivables for which we retained the servicing rights. Amortization of MSRs is included in Revenue within the Consolidated Statements of Comprehensive Income.
(in millions) | MSRs | Other Intangibles |  | Consolidated
Gross Carrying Amount |  |  |  |
Balance as of December 31, 2023 | $ | 801.8 |  | 546.2 |  |  | $ | 1,348.0 |
Additions, net of adjustments | 52.0 |  | 15.5 |  |  | 67.5 |
Adjustment for fully amortized intangibles | (25.3) |  | (9.9) |  |  | (35.2) |
Impact of exchange rate movements | — |  | 1.8 |  |  | 1.8 |
Balance as of September 30, 2024 | $ | 828.5 |  | 553.6 |  |  | $ | 1,382.1 |
Accumulated Amortization |  |  |  |
Balance as of December 31, 2023 | $ | (309.8) |  | (253.2) |  |  | $ | (563.0) |
Amortization expense, net(1) | (82.6) |  | (49.5) |  |  | (132.1) |
Adjustment for fully amortized intangibles | 25.3 |  | 9.9 |  |  | 35.2 |
Impact of exchange rate movements | — |  | (1.1) |  |  | (1.1) |
Balance as of September 30, 2024 | $ | (367.1) |  | (293.9) |  |  | $ | (661.0) |
Net book value as of September 30, 2024 | $ | 461.4 |  | 259.7 |  |  | $ | 721.1 |
(1) Included in this amount for MSRs was $6.0 million related to write-offs due to prepayments of sold warehouse receivables for which we retained the servicing rights. Amortization of MSRs is included in Revenue within the Consolidated Statements of Comprehensive Income.
Business Combinations, Goodwill and Other Intangible Assets [Table] | The following table details cash payments relating to acquisitions. Payments for current-year acquisitions are included in cash used in investing activities, while payments for prior-year acquisitions are primarily reflected in cash used in financing activities.
| Nine Months Ended September 30,
(in millions) | 2025 | 2024
Payments relating to current-year acquisitions | $ | 6.1 |  | 40.8 |
Payments for deferred business acquisition and earn-out obligations | 16.3 |  | 5.1 |
Total paid for business acquisitions | 22.4 |  | 45.9 |

X
- Definition Business Combinations, Goodwill and Other Intangible Assets + References No definition available. + Details
Name: | jll_BusinessCombinationsGoodwillAndOtherIntangibleAssetsTableTextBlock
Namespace Prefix: | jll_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of finite- and indefinite-lived intangible assets by segment and the changes during the year to gross carrying amount and accumulated amortization. + References No definition available. + Details
Name: | jll_ScheduleOfFiniteAndIndefiniteLivedIntangibleAssetsBySegmentTableTextBlock
Namespace Prefix: | jll_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition [Line Items] for Schedule of Business Acquisitions, Pro Forma Revenue [Table] + References No definition available. + Details
Name: | jll_ScheduleofBusinessAcquisitionsProFormaRevenueLineItems
Namespace Prefix: | jll_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition [Table Text Block] for Summary of Earn-out Payments [Table] + References No definition available. + Details
Name: | jll_SummaryofEarnoutPaymentsTableTextBlock
Namespace Prefix: | jll_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482548/350-20-55-24 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-1A Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482573/350-20-50-2 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration