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Business Combinations, Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2016
BUSINESS COMBINATIONS, GOODWILL AND OTHER INTANGIBLE ASSETS [Abstract]  
Movements in Goodwill by Reporting Segment
The following tables detail, by reporting segment, movements in goodwill with indefinite useful lives.
 
Real Estate Services
 
 
(in millions)
Americas
EMEA
Asia Pacific
LaSalle
Consolidated
Balance as of December 31, 2015
$
1,161.1

696.2

266.6

17.6

2,141.5

Additions, net of adjustments
87.4

26.9

4.3


118.6

Impact of exchange rate movements
0.8

(2.2
)
5.9

(0.3
)
4.2

Balance as of March 31, 2016
$
1,249.3

720.9

276.8

17.3

2,264.3

 
Real Estate Services
 
 
(in millions)
Americas
EMEA
Asia Pacific
LaSalle
Consolidated
Balance as of December 31, 2014
$
1,008.3

650.4

230.8

18.4

1,907.9

Additions, net of adjustments

6.4

6.0


12.4

Impact of exchange rate movements
(0.4
)
(44.2
)
(4.4
)
(0.8
)
(49.8
)
Balance as of March 31, 2015
$
1,007.9

612.6

232.4

17.6

1,870.5

Movements in Gross Carrying Amount and Accumulated Amortization of Finite-Lived Intangible Assets
The following tables detail, by reporting segment, movements in the gross carrying amount and accumulated amortization of our identifiable intangibles.
 
Real Estate Services
 
 
(in millions)
Americas
EMEA
Asia Pacific
LaSalle
Consolidated
Gross Book Value
 
 
 
 
 
Balance as of December 31, 2015
$
297.1

48.5

14.3

6.3

366.2

Additions, net of adjustments
12.5

4.5

0.2


17.2

Impact of exchange rate movements
(0.2
)
(0.8
)
0.4

0.4

(0.2
)
Balance as of March 31, 2016
$
309.4

52.2

14.9

6.7

383.2

 
 
 
 
 
 
Accumulated Amortization
 

 

 

 

 

Balance as of December 31, 2015
$
(97.0
)
(32.6
)
(9.3
)
(0.1
)
(139.0
)
Amortization, net
(8.1
)
(2.0
)
(0.4
)

(10.5
)
Impact of exchange rate movements
0.1

0.8

(0.2
)

0.7

Balance as of March 31, 2016
$
(105.0
)
(33.8
)
(9.9
)
(0.1
)
(148.8
)
 
 
 
 
 
 
Net book value as of March 31, 2016
$
204.4

18.4

5.0

6.6

234.4

 
Real Estate Services
 
 
(in millions)
Americas
EMEA
Asia Pacific
LaSalle
Consolidated
Gross Book Value
 
 
 
 
 
Balance as of December 31, 2014
$
103.4

43.8

9.5

7.0

163.7

Additions, net of adjustments
0.1

0.2

0.1


0.4

Impact of exchange rate movements

(2.6
)
(0.3
)
(0.3
)
(3.2
)
Balance as of March 31, 2015
$
103.5

41.4

9.3

6.7

160.9

 
 
 
 
 
 
Accumulated Amortization
 

 

 

 

 

Balance as of December 31, 2014
$
(84.9
)
(31.0
)
(8.9
)
(0.1
)
(124.9
)
Amortization, net
(1.6
)
(0.3
)
(0.1
)

(2.0
)
Impact of exchange rate movements
(0.1
)
1.8

0.3


2.0

Balance as of March 31, 2015
$
(86.6
)
(29.5
)
(8.7
)
(0.1
)
(124.9
)
 
 
 
 
 
 
Net book value as of March 31, 2015
$
16.9

11.9

0.6

6.6

36.0

Future Amortization Expense for Finite-Lived Intangible Assets
The remaining estimated future amortization expense by year as of March 31, 2016 is presented in the following table.
(in millions)
 
2016 (9 months)
$
33.3

2017
39.6

2018
35.5

2019
29.9

2020
24.7

2021
16.7

Thereafter
41.6

Total
$
221.3