Company: JLL
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001037976-25-000025
Chunk: 29

Company: JONES LANG LASALLE INC
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 1
Chunk 29
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 compensation expense for retention awards issued in conjunction with prior-period acquisitions and (ii) fair value adjustments to earn-out liabilities relating to prior-period acquisition activity. Restructuring and acquisition charges are presented in the table below.Three Months Ended March 31,(in millions)20252024Severance and other employment-related charges$7.4 4.5 Restructuring, pre-acquisition and post-acquisition charges7.7 7.4 Stock-based compensation expense for post-acquisition retention awards0.7 0.3 Fair value adjustments to earn-out liabilities3.9 (10.5)Restructuring and acquisition charges$19.7 1.7 We expect nearly all expenses related to (i) severance and other employment-related charges and (ii) restructuring, pre-acquisition and post-acquisition charges as of March 31, 2025 will be paid during the next twelve months.

11.      ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) BY COMPONENT

The tables below present the changes in Accumulated other comprehensive income (loss) ("AOCI") by component. (in millions)Pension and postretirement benefitCumulative foreign currency translation adjustmentTotalBalance as of December 31, 2024$(55.5)(591.4)$(646.9)Other comprehensive (loss) income before reclassification(0.5)36.8 36.3 Amounts reclassified from AOCI after tax expense of$ -, $ - and $ -— — — Other comprehensive (loss) income after tax expense of $ - , $ - and $ -(0.5)36.8 36.3 Balance as of March 31, 2025$(56.0)(554.6)$(610.6)(in millions)Pension and postretirement benefitCumulative foreign currency translation adjustmentTotalBalance as of December 31, 2023$(63.8)(527.7)$(591.5)Other comprehensive income (loss) before reclassification0.3 (37.7)(37.4)Amounts reclassified from AOCI after tax expense of$ - , $ - and $ -— — — Other comprehensive income (loss) after tax expense of $ - , $ - and $ - 0.3 (37.7)(37.4)Balance as of March 31, 2024$(63.5)(