Company: JLL
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001037976-25-000006
Chunk: 110

Company: JONES LANG LASALLE INC
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 110
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2.8 December 31, 202347,509,750 $0.5 2,019.7 5,795.6 (10.4)(920.1)(591.5)116.1 $6,409.9 Net income— — — 546.8 — — — — 546.8 Vesting of shares related to equity compensation plans, net of amounts withheld for payment of taxes317,022 — (84.4)(7.5)— 62.9 — — (29.0)Stock-based compensation— — 97.4 — — — — — 97.4 Shares held in trust— — — — (1.4)— — — (1.4)Repurchase of common stock(411,188)— — — — (80.7)— — (80.7)Change in pension liabilities, net of tax— — — — — — 8.3 — 8.3 Foreign currency translation adjustments— — — — — — (63.7)— (63.7)Net increase in amounts due to noncontrolling interest— — — — — — — 7.5 7.5 December 31, 202447,415,584 $0.5 2,032.7 6,334.9 (11.8)(937.9)(646.9)123.6 $6,895.1 

(1) AOCI: Accumulated other comprehensive income (loss)

(2) NCI: Noncontrolling interest

(3) Excludes net loss attributable to redeemable noncontrolling interest of $0.2 million and $0.3 million for the years ended December 31, 2023 and 2022, respectively.

See accompanying notes to Consolidated Financial Statements.

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JONES LANG LASALLE INCORPORATED 

CONSOLIDATED STATEMENTS OF CASH FLOWYear Ended December 31,(in millions)202420232022Cash flows from operating activities:  Net income$546.8 226.2 793.4 Reconciliation of net income to net cash provided by operating activities:   Depreciation and amort