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Affiliate Equity (Tables)
 12 Months Ended
Dec. 31, 2015
Affiliate Equity  
Summary of Affiliate Equity Expense
The following is a summary of Affiliate equity expense:
 
2013
 
2014
 
2015
Controlling interest
$
56.4

 
$
47.4

 
$
16.9

Tax benefit
(21.7
)
 
(18.2
)
 
(6.5
)
Controlling interest, net
$
34.7

 
$
29.2

 
$
10.4

Non-controlling interest
15.9

 
37.0

 
51.6

Total
$
50.6

 
$
66.2

 
$
62.0
Summary of Affiliate Equity Unrecognized Expense
The following is a summary of unrecognized Affiliate equity expense:
 
Unrecognized Affiliate Equity Expense
Period
Controlling Interest
 
Remaining Life
 
Non-Controlling Interest
 
Remaining Life
2013
$
36.1

 
3 years
 
$
32.1

 
7 years
2014
29.5

 
3 years
 
41.6

 
6 years
2015
22.4

 
3 years
 
51.9

 
5 years
Schedule of the Changes in Redeemable Non-controlling Interests
The following table presents the changes in Redeemable non-controlling interests:
 
 
2014
 
2015
Balance, as of January 1
 
$
641.9

 
$
645.5

Repurchases of redeemable Affiliate equity
 
(61.7
)
 
(161.3
)
Transfers from Non-controlling interests
 
22.7

 
49.5

Changes in redemption value
 
43.0

 
81.6

Decrease attributable to consolidated products
 
(0.4
)
 
(2.8
)
Balance, as of December 31
 
$
645.5

 
$
612.5
Schedule of the Effect of Changes in the Company's Ownership Interest in its Affiliates on the Controlling Interest's Equity
The following schedule discloses the effect of changes in the Company’s ownership interests in its Affiliates on the controlling interest’s equity:
 
 
For the Years Ended December 31,
 
 
2013
 
2014
 
2015
Net income (controlling interest)
 
$
360.5

 
$
452.1

 
$
516.0

Increase in controlling interest paid-in capital related to Affiliate equity issuances
 
13.1

 
2.5

 
0.7

Decrease in controlling interest paid-in capital related to Affiliate equity repurchases
 
(87.1
)
 
(35.8
)
 
(89.8
)
Net income attributable to controlling interest and transfers (to) or from Non-controlling interests
 
$
286.5

 
$
418.8

 
$
426.9