Company: JLL
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001037976-25-000006
Chunk: 161

Company: JONES LANG LASALLE INC
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 161
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, 2024 and 2023, respectively.As of December 31, 2024, our total commitments related to finance leases was $27.8 million. Leases in which we sublet do not represent a significant portion of our leasing activity.Minimum future lease payments due in each of the next five years and thereafter, as of December 31, 2024, are presented in the table below.(in millions)2025$191.9 2026178.0 2027152.6 2028128.8 2029111.3 Thereafter282.4 Total future minimum lease payments$1,045.0 Less imputed interest139.0 Total$906.0 Other information related to operating leases is as follows.December 31, 2024Weighted average remaining lease term6.5 yearsWeighted average discount rate4.2 %

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12.     TRANSACTIONS WITH AFFILIATESAs part of our co-investment strategy, we have equity interests in real estate ventures, some of which have certain of our officers as trustees or board of director members, and from which we earn advisory and management fees.Included in the accompanying Consolidated Financial Statements was revenue of $631.7 million, $896.4 million and $686.4 million for 2024, 2023 and 2022, respectively, as well as receivables of $115.6 million and $179.2 million as of December 31, 2024 and 2023, respectively, related to transactions with affiliates.The outstanding balance of loans to employees are presented in the following table. The Company does not extend credit or provide personal loans to any director or executive officer of JLL.December 31,(in millions)20242023Loans related to co-investments (1)$81.0 67.0 Advances, travel and other (2)427.5 389.6 Total$508.5 456.6 (1) These nonrecourse loans have been made to allow employees the ability to participate in investment fund opportunities. Such amounts are included in Investments on our Consolidated Balance Sheets.(2) Consists primarily of commissions and other compensation advances to employees that are amortized to Compensation and benefits based on performance over required service periods. Such amounts are included in Notes and other receivables and Long-term receivables on our Consolidated Balance Sheets.

13.    COMMIT