Company: JLL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001037976-25-000045
Chunk: 2

Company: JONES LANG LASALLE INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 2
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Item 1. Financial Statements

JONES LANG LASALLE INCORPORATED

CONSOLIDATED BALANCE SHEETS

(in millions, except share and per share data)June 30, 2025December 31, 2024Assets(unaudited)Current assets:  Cash and cash equivalents$401.4 416.3 Trade receivables, net of allowance of $70.3 and $60.82,047.2 2,153.5 Notes and other receivables453.2 456.9 Reimbursable receivables2,791.3 2,695.0 Warehouse receivables1,228.6 770.7 Short-term contract assets, net of allowance of $1.4 and $1.6309.1 334.8 Restricted cash, prepaid and other620.7 651.3 Total current assets7,851.5 7,478.5 Property and equipment, net of accumulated depreciation of $1,287.4 and $1,161.6590.0 598.1 Operating lease right-of-use assets715.8 743.1 Goodwill4,715.8 4,611.3 Identified intangibles, net of accumulated amortization of $738.3 and $670.8682.0 724.1 Investments, including $833.7 and $742.0 at fair value878.8 812.7 Long-term receivables411.1 394.7 Deferred tax assets, net576.0 518.2 Deferred compensation plan674.9 664.0 Other244.6 219.1 Total assets$17,340.5 16,763.8 Liabilities and Equity  Current liabilities:  Accounts payable and accrued liabilities$1,184.3 1,322.7 Reimbursable payables2,101.2 2,176.3 Accrued compensation and benefits1,135.9 1,768.5 Short-term borrowings107.2 153.8 Commercial paper, net of debt issuance costs of $0.8 and $0.7689.2 199.3 Short-term contract liabilities and deferred income230.2 203.8 Warehouse facilities1,223.5 841.0 Short-term operating lease liabilities165.