Parent Company Information (Tables)

12 Months Ended

Dec. 31, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Balance Sheet

Cushman & Wakefield plc
Parent Company Information
Condensed Balance Sheets
	As of December 31,
(in millions, except per share data)	2019			2018
Assets
Cash	$	10.7		$	10.5
Accounts receivables	85.4			34.9
Investments in subsidiaries	1,270.9			1,348.9
Total assets	$	1,367.0		$	1,394.3
Liabilities and Equity
Liabilities
Trade and other payables	$	65.7		$	34.2
Total liabilities	65.7			34.2
Equity
Ordinary shares, nominal value $0.10 per share, 219.5 shares issued and outstanding at December 31, 2019 and ordinary shares nominal value $0.10 per share, 216.6 shares issued and outstanding at December 31, 2018	22.0			21.7
Additional paid-in-capital	2,819.5			2,791.2
Treasury stock, at cost	(0.4		)	—
Accumulated deficit	(1,297.0		)	(1,298.4		)
Accumulated other comprehensive loss	(242.8		)	(154.4		)
Total equity	1,301.3			1,360.1
Total liabilities and equity	$	1,367.0		$	1,394.3

Condensed Statement of Comprehensive Income

Parent Company Information
Condensed Statements of Operations and Comprehensive Income (Loss)
	Year Ended December 31,
(in millions)	2019			2018			2017
Interest and other income	$	—		$	2.6		$	—
Interest and other expense	(0.2		)	(17.9		)	(5.8		)
Income (loss) in earnings of subsidiaries	0.4			(170.5		)	(215.5		)
Income (loss) before taxes	0.2			(185.8		)	(221.3		)
Net income (loss) attributable to the Parent Company	0.2			(185.8		)	(221.3		)
Other comprehensive income (loss) of subsidiaries	(88.4		)	(67.2		)	61.3
Comprehensive loss attributable to the Parent Company	$	(88.2	)	$	(253.0	)	$	(160.0	)

Condensed Cash Flow Statement

Cushman & Wakefield plc
Parent Company Information
Condensed Statements of Cash Flows
	Year Ended December 31,
(in millions)	2019			2018			2017
Cash flows from operating activities:
Net income (loss)	$	0.2		$	(185.8	)	$	(221.3	)
Reconciliation of net income (loss) to net cash (used in) provided by operating activities:
(Income) loss in earnings of subsidiaries	(0.4		)	170.5			215.5
Unrealized foreign exchange gain	—			—			—
Increase in trade and other receivables	—			(128.7		)	—
Increase in trade and other payables	—			20.0			0.5
Increase in other liabilities	—			6.2			5.8
Net cash (used in) provided by operating activities	(0.2		)	(117.8		)	0.5
Cash flows from investing activities:
Investment in subsidiaries	—			(865.5		)	(22.5		)
Net cash used in investing activities	—			(865.5		)	(22.5		)
Cash flows from financing activities:
Proceeds from issuance of common stock	0.3			—			22.0
Proceeds from initial public offering, net of underwriting	—			831.4			—
Proceeds from private placement	—			179.5			—
Payments of initial public offering and private placement costs	—			(17.3		)	—
Other financing activities	0.1			0.2			—
Net cash provided by financing activities	0.4			993.8			22.0
Change in cash and cash equivalents	0.2			10.5			—
Cash and cash equivalents, beginning of year	10.5			—			—
Cash and cash equivalents, end of year	$	10.7		$	10.5		$	—
Supplemental disclosure of non-cash activities:
Accretion of deferred purchase obligation	—			19.7			20.8
Capital contributions to subsidiaries	—			—			6.2
Stock-based compensation	61.3			51.4			43.3
Acquisition and disposal of non-controlling interest	—			—			2.0