Company: JLL
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001037976-25-000045
Chunk: 8

Company: JONES LANG LASALLE INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 8
---
18.4 31.7 Amortization of stock-based compensation66.0 56.8 Net non-cash mortgage servicing rights and mortgage banking derivative activity17.1 20.8 Accretion of interest and amortization of debt issuance costs3.2 2.6 Other, net(1.1)(0.7)Change in: Receivables171.9 114.9 Reimbursable receivables and reimbursable payables(150.9)(79.3)Prepaid expenses and other assets(26.1)16.2 Income taxes receivable, payable and deferred(132.1)(150.3)Accounts payable, accrued liabilities and other liabilities(82.1)(139.4)Accrued compensation (including net deferred compensation)(688.5)(576.6)Net cash used in operating activities(434.8)(403.6)Cash flows from investing activities: Net capital additions – property and equipment(88.9)(81.4)Business acquisitions, net of cash acquired(6.1)(39.3)Capital contributions to investments(132.1)(41.0)Distributions of capital from investments27.6 9.6 Other, net(0.9)(2.0)Net cash used in investing activities(200.4)(154.1)Cash flows from financing activities: Proceeds from borrowings under credit facility5,483.0 4,713.0 Repayments of borrowings under credit facility(5,203.0)(4,063.0)Proceeds from issuance of commercial paper1,525.0 — Repayments of commercial paper(1,035.0)— Net repayments of short-term borrowings(47.9)(15.4)Payments of deferred business acquisition obligations and earn-outs(8.4)(4.9)Repurchase of common stock(59.9)(40.4)Noncontrolling interest (distributions) contributions, net(2.3)3.3 Other, net(34.0)(26.0)Net cash provided by financing activities617.5 566.6 Effect of currency exchange rate changes on cash, cash equivalents and restricted cash35.5 (14.7)Net change in cash, cash equivalents and restricted cash17.8 (5.8)Cash, cash equivalents and restricted cash, beginning of the