Company: JLL
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001037976-25-000071
Chunk: 21

Company: JONES LANG LASALLE INC
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 21
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,018.0 57.2 250.0 $4,705.5 

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 adjustments72.1 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)$(670.8)Amortization expense, net(1)(87.4)(43.9)(131.3)Adjustment for fully amortized intangibles41.0 218.1 259.1 Impact of exchange rate movements— (3.7)(3.7)Balance as of September 30, 2025$(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.

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(in millions)MSRsOther IntangiblesConsolidatedGross Carrying Amount Balance as of December 31, 2023$801.8 546.2 $1,348.0 Additions, net of adjustments52.0 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,