Jones Lang LaSalle Incorporated JLL Cash Flow

Jones lang lasalle incorporated (JLL)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows used for operating activities:
Net income
534,300	537,900	465,000	471,800	470,300	491,700	366,200	329,300	314,400	279,500	379,900	328,900	328,400	345,900	366,200	431,200	428,200	446,300	442,656	434,193	415,155	388,000	340,767	299,146	276,235	273,352	233,091	219,657	207,936	208,843	186,606	170,824	178,182	165,612	165,331	168,661	155,624	154,439	0	0	0
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	94,400	88,071	85,790	83,185	79,853	79,096	78,443	78,230	78,810	81,042	84,788	84,176	82,832	79,084	73,992	72,175	71,573	0	0	0
Equity in earnings from real estate ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48,300	51,156	38,178	34,764	31,343	22,489	26,613	17,491	23,857	26,203	16,019	20,204	6,385	-19,634	-287	-7,223	-11,379	0	0	0
(Gain) loss on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions of earnings from real estate ventures
21,600	21,000	41,300	46,500	49,900	59,500	36,300	32,300	31,100	30,300	30,700	30,000	36,300	30,900	34,400	58,900	55,900	51,200	44,917	20,173	20,711	19,500	18,690	17,087	10,509	13,672	13,410	15,280	12,981	10,641	8,034	2,128	1,905	593	555	76	113	188	0	0	0
Provision for loss on receivables and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,200	7,525	4,249	8,944	8,715	7,839	6,056	6,667	6,586	11,368	12,113	11,012	10,273	7,517	8,474	9,274	7,081	0	0	0
Amortization of deferred compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,200	20,475	20,803	21,403	22,703	24,243	25,313	26,447	32,276	36,034	35,788	37,331	34,002	38,264	39,767	39,606	41,230	0	0	0
Accretion of interest and amortization of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,900	6,030	6,701	7,086	7,837	11,908	13,934	15,818	17,744	15,775	16,642	18,274	19,503	21,669	22,689	23,388	24,408	0	0	0
Other adjustments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other adjustment, net
80,100	-14,600	37,800	30,100	-9,300	-17,100	-28,800	-48,600	-42,600	-20,700	31,100	48,500	478,000	20,000	471,500	460,100	5,800	2,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in working capital, net
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,627	3,911	4,167	4,437	4,672	4,573	4,474	4,375	4,310	4,310	4,347	4,384	4,422	4,888	5,318	5,747	0	0	0
Change in:
Receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	264,000	294,549	264,689	229,347	267,550	200,666	133,545	148,015	90,495	125,992	111,891	87,835	190,620	46,472	71,160	104,014	54,244	0	0	0
Prepaid expenses and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48,800	58,074	51,603	53,795	45,014	40,968	27,654	22,412	33,986	33,284	27,028	27,439	-3,320	52,421	10,969	20,562	24,868	0	0	0
Deferred tax assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-19,800	-52,185	-58,187	-42,244	-28,058	-5,764	-1,089	-3,022	12,600	32,544	31,021	29,369	9,270	-51,338	-13,657	-12,137	-5,457	0	0	0
Excess tax benefit from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,519	6,590	5,247	3,579	3,306	687	2,636	3,323	3,913	16,151	13,852	17,999	28,908	10,126	10,330	5,804	0	0	0
Accounts payable and accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	301,800	313,064	257,513	205,407	206,649	82,088	31,126	55,544	130,885	165,568	100,549	55,867	115,093	22,773	87,976	143,362	147,575	0	0	0
Net cash used in operating activities
489,200	483,800	352,900	388,900	311,200	604,100	520,700	569,400	751,700	798,700	652,200	466,800	347,900	222,600	242,100	307,900	374,700	375,800	438,344	431,008	426,319	498,900	437,464	392,785	333,472	295,235	191,738	203,959	220,565	325,899	286,801	225,032	212,395	211,338	235,023	328,321	333,423	384,270	0	0	0
Cash flows used in investing activities:
Net capital additions - property and equipment
187,600	187,800	182,900	174,700	164,900	161,900	163,400	159,200	161,400	151,400	174,900	199,600	214,500	216,200	199,600	182,200	161,900	147,800	116,610	110,456	118,636	132,700	159,179	148,116	131,260	110,684	95,116	92,484	95,620	94,758	90,473	87,829	86,194	91,538	0	0	0	-	-	-	-
Net investment activity (less than wholly-owned)
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of investment properties (less than wholly-owned)
-	-	-	-	-	-	0	0	20,000	-	36,100	65,400	65,400	99,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Proceeds from Sales of Assets
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	1,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business acquisitions, net of cash acquired
774,600	801,300	858,800	118,400	119,300	101,300	31,700	11,400	10,800	18,700	84,000	409,400	424,000	483,900	707,300	442,900	464,400	391,600	116,939	59,736	32,727	38,200	27,173	32,395	65,401	57,544	56,048	58,639	24,074	27,706	43,976	43,640	244,360	251,787	246,405	236,558	27,688	24,250	0	0	0
Payments to Acquire Interest in Joint Venture
180,700	137,700	86,100	73,800	61,100	58,800	51,400	38,900	39,300	40,100	0	0	0	-	-	-	88,700	47,600	62,983	70,115	71,455	56,400	37,065	41,940	29,240	37,217	45,525	108,596	111,562	106,322	100,509	70,658	70,044	71,027	70,849	31,865	31,181	33,853	0	0	0
Proceeds from Real Estate and Real Estate Joint Ventures
119,600	113,800	35,900	44,200	43,400	51,900	60,200	50,300	50,600	44,700	0	0	0	-	-	-	57,800	49,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Sale, Maturity and Collection of Investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	56,158	32,732	29,565	27,629	57,594	62,403	75,376	77,534	46,248	44,840	26,720	25,036	30,266	24,873	20,491	14,836	0	0	0
Other, net
-40,900	-42,500	-35,900	-7,200	-2,700	-4,000	-3,200	-1,500	200	3,000	44,100	45,600	1,100	1,500	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-1,049,200	-1,049,700	-1,127,300	-338,400	-311,400	-280,400	-196,000	-170,600	-181,100	-170,800	-310,100	-690,300	-670,900	-805,500	-1,017,500	-691,400	-747,900	-584,600	-260,897	-196,335	-169,603	-187,900	-163,556	-185,316	-182,732	-164,212	-127,854	-188,115	-155,880	-151,252	-188,710	-157,287	-373,878	-389,316	-367,702	-313,696	-98,679	-90,876	0	0	0
Cash flows provided by financing activities:
Proceeds from borrowings under credit facility
7,140,000	5,864,000	5,339,000	3,910,000	3,499,000	3,145,000	3,105,000	2,996,000	2,840,000	3,072,000	3,093,000	3,308,000	3,238,000	3,145,000	3,314,000	2,911,000	2,606,000	2,173,000	1,739,000	1,612,000	1,685,000	1,664,000	1,653,045	1,782,800	1,928,726	1,957,791	1,936,204	1,877,126	1,741,707	1,690,142	1,658,521	1,694,495	1,947,773	1,550,590	1,462,768	1,248,065	855,849	1,160,802	0	0	0
Repayments of borrowings under credit facility
6,214,900	5,339,000	4,454,000	3,825,100	3,299,100	3,145,000	3,315,000	3,256,000	3,690,000	3,997,000	3,729,000	3,444,000	2,818,200	2,456,000	2,425,500	2,382,000	2,139,100	1,889,200	1,767,929	1,698,046	1,792,997	1,827,800	1,843,571	1,880,954	1,976,703	1,979,500	2,058,500	1,986,000	1,894,508	2,017,000	1,676,600	1,545,100	1,607,692	1,248,700	1,124,100	1,090,599	917,000	1,133,000	0	0	0
Proceeds from Short-term debt.
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment for Contingent Consideration Liability, Financing Activities
62,600	77,300	49,100	57,400	70,800	57,100	53,600	50,100	47,700	47,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment for deferred acquisition obligations and earn-out obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	49,600	40,900	50,000	51,800	50,478	44,368	41,848	39,300	39,612	76,666	72,038	72,482	182,561	144,317	145,564	143,768	33,276	183,313	151,614	164,216	166,992	95,148	100,805	105,798	0	0	0
Acquisition of redeemable noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,119	4,119	4,119	4,614	1,441	1,441	1,441	946	0	0	0	-	-	-	-	-	-	-	-
Shares repurchased for payment of employee taxes on stock awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,000	15,836	17,477	17,285	14,277	14,177	8,860	8,848	11,656	11,599	25,000	25,052	30,234	30,305	22,701	22,675	19,448	0	0	0
Excess tax adjustment from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,519	6,590	5,247	3,579	3,306	687	2,636	3,323	3,913	16,151	13,852	17,999	17,748	10,126	10,330	5,804	0	0	0
Common stock issued under compensation plans including tax benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,100	2,417	2,177	1,299	1,255	1,277	1,528	3,699	3,705	3,549	3,400	1,225	1,210	1,478	1,451	1,314	1,406	0	0	0
Payments for Repurchase of Common Stock
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital lease payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,188	2,175	1,069	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other loan proceeds, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,277	24,277	15,237	940	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Noncontrolling interest (distributions) contributions, net
-	-	-	-	-	-	-	-	-	-	-	-	-	11,300	17,300	10,300	27,000	-1,500	-9,120	-1,351	8,500	11,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
42,500	62,100	69,600	12,000	-20,600	900	18,100	16,400	47,900	-2,700	12,400	59,200	3,000	23,600	-19,900	-59,300	-1,700	-15,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
875,100	584,600	880,800	23,000	109,700	-141,300	-285,600	-324,600	-498,600	-623,500	-308,300	243,200	313,000	636,400	810,700	413,500	418,500	191,600	-125,569	-175,652	-179,747	-203,000	-225,196	-177,147	-141,785	-128,388	-71,709	-11,291	-34,860	-208,741	-58,032	-47,861	162,378	110,535	146,633	25,996	-193,513	-110,760	0	0	0
Effect of currency exchange rate on Cash and Cash Equivalents
-22,600	-800	-8,400	-3,600	-21,200	-19,900	-19,000	-10,100	11,200	13,300	2,600	500	-7,600	-7,000	-400	-7,300	-3,400	-16,600	-20,920	-18,703	-18,591	-10,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
292,500	17,900	98,000	69,900	88,300	162,500	20,100	64,100	83,200	17,700	36,400	20,200	-17,600	46,500	34,900	22,700	41,900	-33,800	30,958	40,318	58,378	97,700	42,864	28,857	6,678	567	-6,026	6,352	31,624	-32,295	40,059	19,884	895	-67,443	13,954	40,621	41,231	182,634	0	0	0
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid during the period for:
Interest
-	-	-	-	-	-	-	43,400	46,700	47,600	44,100	43,200	38,400	34,800	33,700	28,200	24,700	21,700	20,190	39,980	22,630	20,200	49,320	23,500	23,640	22,850	-20,560	-19,730	-14,740	-15,480	-10,290	-10,850	-10,400	-9,940	-5,720	3,010	11,310	17,250	0	0	0
Income taxes, net of refunds
287,700	280,800	264,200	223,000	156,800	153,400	140,100	124,900	148,000	144,700	144,400	138,900	143,100	143,600	169,800	160,000	152,000	155,600	120,935	207,671	141,714	88,500	212,412	78,858	84,737	84,951	-88,195	-84,714	-76,678	-75,930	-61,785	-71,966	-70,313	-65,588	-35,552	2,217	24,920	39,099	0	0	0
Operating Lease, Payments
177,200	171,200	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash activities
Business acquisitions, including contingent consideration
844,600	846,100	851,600	11,400	11,400	11,600	2,700	2,500	3,600	11,500	24,300	66,800	80,600	103,300	158,700	138,900	128,100	105,100	43,079	22,516	19,600	10,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental acquisition fees and costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	130,430	135,869	-5,750	-6,598	0	0	0	-	-	-	-
Capital Leases
-	-	-	-	-	-	-	-	-	-	-	-	-	9,800	9,400	8,000	8,400	6,700	6,652	7,356	16,230	21,200	19,748	18,244	7,570	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred business acquisition obligations
10,500	17,000	8,500	10,400	10,400	3,900	1,900	0	0	1,800	11,400	35,100	41,000	62,700	62,000	47,400	46,100	23,100	23,788	17,688	22,000	21,500	14,195	21,107	136	13,195	43,362	35,991	48,050	36,281	138,630	147,788	149,820	149,521	0	0	0	-	-	-	-