Variable Interest Entities (Tables)

12 Months Ended

Dec. 31, 2017

Variable Interest Entity, Measure of Activity [Abstract]

Assets And Liabilities Of Consolidated VIEs

The following table presents information about the assets and liabilities of our consolidated VIEs, which are presented in our Consolidated Statements of Financial Condition in the respective asset and liability categories (in millions). The assets and liabilities in the table below are presented prior to consolidation and thus a portion of these assets and liabilities are eliminated in consolidation.

	December 31, 2017		December 31, 2016
	Securitization Vehicles		Securitization Vehicles		Real Estate Investment Vehicles
Cash	$	11.7	$	18.4	$	2.2
Financial instruments owned	37.6		86.6		—
Securities purchased under agreements to resell (1)	729.3		733.5		—
Receivables	318.1		277.7		296.9
Loans to and investments in associated companies	—		—		108.7
Other	15.5		14.5		10.8
Total assets	$	1,112.2	$	1,130.7	$	418.6
Other secured financings (2)	$	1,073.5	$	1,083.8	$	—
Long-term debt	—		24.1		243.9
Other (3)	38.3		22.3		11.7
Total liabilities	$	1,111.8	$	1,130.2	$	255.6
Noncontrolling interests	$	—	$	—	$	98.7

(1) Securities purchased under agreements to resell represent an amount due under a collateralized transaction on a related consolidated entity, which is eliminated in consolidation.

(2) Approximately $44.1 million and $57.6 million of the secured financing represents an amount held by Jefferies in inventory and eliminated in consolidation at December 31, 2017 and 2016, respectively.

(3) Includes $32.0 million and $20.0 million at December 31, 2017 and 2016, respectively, of intercompany payables that are eliminated in consolidation.

Non-Consolidated Variable Interest Entities

The following tables present information about our variable interests in nonconsolidated VIEs (in millions):

	Financial Statement Carrying Amount				Maximum Exposure to Loss		VIE Assets
	Assets		Liabilities
December 31, 2017
CLOs	$	168.1	$	8.9	$	1,030.4	$	5,364.3
Consumer loan vehicles	254.8		—		759.8		2,322.7
Related party private equity vehicles	23.7		—		45.4		75.0
Other private investment vehicles	133.0		—		142.0		4,624.9
Total	$	579.6	$	8.9	$	1,977.6	$	12,386.9
December 31, 2016
CLOs	$	264.7	$	4.8	$	930.0	$	4,472.9
Consumer loan vehicles	90.3		—		219.6		985.5
Related party private equity vehicles	37.6		—		63.6		155.6
Real estate investment vehicles	90.3		—		101.8		85.6
Other private investment vehicles	84.0		—		95.8		4,529.7
Total	$	566.9	$	4.8	$	1,410.8	$	10,229.3