Company: JLL
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001037976-25-000071
Chunk: 2

Company: JONES LANG LASALLE INC
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 1
Chunk 2
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Item 1. Financial Statements

JONES LANG LASALLE INCORPORATED

CONSOLIDATED BALANCE SHEETS

(in millions, except share and per share data)September 30, 2025December 31, 2024Assets(unaudited)Current assets:  Cash and cash equivalents$428.9 416.3 Trade receivables, net of allowance of $68.6 and $60.82,021.1 2,153.5 Notes and other receivables455.4 456.9 Reimbursable receivables2,812.3 2,695.0 Warehouse receivables1,014.7 770.7 Short-term contract assets, net of allowance of $1.4 and $1.6314.8 334.8 Restricted cash, prepaid and other595.4 651.3 Total current assets7,642.6 7,478.5 Property and equipment, net of accumulated depreciation of $1,284.3 and $1,161.6597.1 598.1 Operating lease right-of-use assets736.8 743.1 Goodwill4,705.5 4,611.3 Identified intangibles, net of accumulated amortization of $546.7 and $670.8671.4 724.1 Investments, including $844.7 and $742.0 at fair value895.1 812.7 Long-term receivables421.2 394.7 Deferred tax assets, net541.2 518.2 Deferred compensation plan716.0 664.0 Other251.8 219.1 Total assets$17,178.7 16,763.8 Liabilities and Equity  Current liabilities:  Accounts payable and accrued liabilities$1,196.1 1,322.7 Reimbursable payables2,147.0 2,176.3 Accrued compensation and benefits1,376.5 1,768.5 Short-term borrowings141.3 153.8 Commercial paper, net of debt issuance costs of $0.6 and $0.7388.4 199.3 Short-term contract liabilities and deferred income222.3 203.8 Warehouse facilities1,006.5 841.0 Short-term operating lease liabilities168.