Company: JLL
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001037976-25-000006
Chunk: 112

Company: JONES LANG LASALLE INC
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 112
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560.0 Repayments of borrowings under credit facility(8,568.0)(8,284.0)(6,485.0)Proceeds from issuance of commercial paper910.0 — — Repayments of commercial paper(710.0)— — Proceeds from senior notes— 400.0 — Repayments of senior notes— — (275.0)Net proceeds from (repayments of) short-term borrowings2.9 (24.8)20.1 Payments of deferred business acquisition obligations and earn-outs(7.4)(26.6)(12.6)Shares repurchased for payment of employee taxes on stock awards(31.8)(30.6)(87.2)Repurchase of common stock(80.7)(61.6)(601.2)Deconsolidation of variable interest entity— — (20.4)Noncontrolling interest distributions, net(0.1)(6.5)(142.7)Other, net(9.1)(24.2)30.9 Net cash used in financing activities(451.2)(374.3)(13.1)Effect of currency exchange rate changes on cash, cash equivalents and restricted cash(28.0)6.3 (39.3)Net change in cash, cash equivalents and restricted cash(10.7)(82.6)(95.6)Cash, cash equivalents and restricted cash, beginning of the year663.4 746.0 841.6 Cash, cash equivalents and restricted cash, end of the year$652.7 663.4 746.0 Supplemental disclosure of cash flow information:Restricted cash, beginning of the year$253.4 226.7 247.9 Restricted cash, end of the year236.5 253.4 226.7 Cash paid during the year for:  Interest$147.0 144.8 74.3 Income taxes, net of refunds284.9 158.5 321.3 Operating leases199.5 194.6 181.6 Non-cash activities:   Business acquisitions (including contingent consideration)$13.5 — 5.3 Deferred business acquisition obligations14.7 — 3.1 Non-cash consideration received for disposition— — 15.8 

See accompanying notes to Consolidated Financial