Company: JLL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001037976-25-000045
Chunk: 67

Company: JONES LANG LASALLE INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 8
Chunk 67
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 the estimated future cash flows. Our analysis indicated that no impairment existed as the estimated fair value of both Real Estate Management Services and Leasing Advisory reporting units exceeded their respective carrying value.The following table details, by reporting segment, movements in goodwill.(in millions)Real Estate Management ServicesLeasing AdvisoryCapital Markets ServicesInvestment ManagementSoftware and Technology SolutionsConsolidatedBalance 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 movements16.5 35.4 44.5 1.6 (0.1)97.9 Balance as of June 30, 2025$977.7 1,408.0 2,022.6 57.5 250.0 $4,715.8 

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The following tables detail, by intangible type, movements in the gross carrying amount and accumulated amortization of our identifiable intangibles.(in millions)MSRsOther IntangiblesConsolidatedGross Carrying Amount Balance as of December 31, 2024$851.1 543.8 $1,394.9 Additions, net of adjustments40.6 0.5 41.1 Adjustment for fully amortized intangibles(24.5)(1.2)(25.7)Impact of exchange rate movements— 10.0 10.0 Balance as of June 30, 2025$867.2 553.1 $1,420.3 Accumulated Amortization Balance as of December 31, 2024$(380.0)(290.8)$(670.8)Amortization expense, net(1)(55.4)(34.0)(89.4)Adjustment for fully amortized intangibles24.5 1.2 25.7 Impact of exchange rate movements— (3.8)(3.8)Balance as of June 30, 2025$(410.9)(327.4)$(738.3)Net book value as of June 30, 2025$456.3 225.7 $682.0 (1) Included in this amount for MSRs was