XML 47 R33.htm IDEA: XBRL DOCUMENT v3.5.0.2
Affiliate Equity (Tables)
6 Months Ended
Jun. 30, 2016
Affiliate Equity [Abstract]  
Summary of Affiliate Equity Compensation
The following is a summary of Affiliate equity expense:
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2015
 
2016
 
2015
 
2016
Controlling interest
$
2.8

 
$
2.4

 
$
6.7

 
$
4.5

Tax benefit
(1.1
)
 
(0.9
)
 
(2.6
)
 
(1.7
)
Controlling interest, net
1.7

 
1.5

 
4.1

 
2.8

Non-controlling interests
37.9

 
4.8

 
43.3

 
8.7

Total
$
39.6

 
$
6.3

 
$
47.4

 
$
11.5

Summary of Affiliate Equity Unrecognized Compensation Expense [Table Text Block]
The following is a summary of unrecognized Affiliate equity expense:
Period
Controlling Interest
 
Remaining Life
 
Non-controlling Interests
 
Remaining Life
December 31, 2015
$
22.4

 
3 years
 
$
51.9

 
5 years
June 30, 2016
30.5

 
4 years
 
72.7

 
6 years
Schedule of Changes in the Company's Interest in its Affiliates on the Controlling Interest's Equity
While the Company presents the current redemption value of Affiliate equity within Redeemable Non-Controlling Interests with changes in the current redemption value increasing or decreasing the controlling interest’s equity over time, the following table discloses the cumulative effect that ownership changes had on the controlling interest’s equity related only to Affiliate equity transactions that settled during the periods:
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2015
 
2016
 
2015
 
2016
Net income (controlling interest)
$
128.7

 
$
107.4

 
$
256.7

 
$
212.0

Increase in controlling interest paid-in capital from purchases and sales of Affiliate equity issuances
0.5

 
(2.5
)
 
1.0

 
(3.4
)
Decrease in controlling interest paid-in capital related to Affiliate equity repurchases
(29.1
)
 
(3.8
)
 
(32.6
)
 
(21.3
)
Net income attributable to controlling interest and transfers (to) or from Non-controlling interests
$
100.1

 
$
101.1

 
$
225.1

 
$
187.3