Company: JLL
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001037976-25-000071
Chunk: 71

Company: JONES LANG LASALLE INC
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 71
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 determining the estimated fair value of these reporting units. Our analysis relied on significant judgments and assumptions in determining the inputs, specifically, forecasted revenue growth, forecasted profitability margin and the discount rate used to present value the estimated future cash flows. Our analysis indicated that no impairment existed as the estimated fair value of both Real Estate Management Services and Leasing Advisory reporting units exceeded their respective carrying value.

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The following table details, by reporting segment, movements in goodwill.(in millions)Real Estate Management ServicesLeasing AdvisoryCapital Markets ServicesInvestment ManagementSoftware and Technology SolutionsConsolidatedBalance as of January 1, 2025$961.2 1,372.6 1,971.5 55.9 250.1 $4,611.3 Additions, net of adjustments— — 6.6 — — 6.6 Impact of exchange rate movements13.9 32.6 39.9 1.3 (0.1)87.6 Balance as of September 30, 2025$975.1 1,405.2 2,018.0 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