Company: JLL
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001037976-25-000025
Chunk: 4

Company: JONES LANG LASALLE INC
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 1
Chunk 4
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Item 1. Financial Statements

JONES LANG LASALLE INCORPORATED

CONSOLIDATED BALANCE SHEETS

(in millions, except share and per share data)March 31, 2025December 31, 2024Assets(unaudited)Current assets:  Cash and cash equivalents$432.4 416.3 Trade receivables, net of allowance of $67.4 and $60.82,013.3 2,153.5 Notes and other receivables457.4 456.9 Reimbursable receivables2,833.9 2,695.0 Warehouse receivables601.6 770.7 Short-term contract assets, net of allowance of $1.6 and $1.6314.8 334.8 Restricted cash, prepaid and other580.3 651.3 Total current assets7,233.7 7,478.5 Property and equipment, net of accumulated depreciation of $1,220.3 and $1,161.6585.9 598.1 Operating lease right-of-use assets737.6 743.1 Goodwill4,642.5 4,611.3 Identified intangibles, net of accumulated amortization of $704.3 and $670.8701.8 724.1 Investments, including $856.0 and $742.0 at fair value902.4 812.7 Long-term receivables387.6 394.7 Deferred tax assets, net539.5 518.2 Deferred compensation plan673.4 664.0 Other226.7 219.1 Total assets$16,631.1 16,763.8 Liabilities and Equity  Current liabilities:  Accounts payable and accrued liabilities$1,201.4 1,322.7 Reimbursable payables2,038.0 2,176.3 Accrued compensation and benefits1,162.8 1,768.5 Short-term borrowings88.3 153.8 Commercial paper, net of debt issuance costs of $1.7 and $0.7898.3 199.3 Short-term contract liabilities and deferred income187.7 203.8 Warehouse facilities600.7 841.0 Short-term operating lease liabilities155.5 157.