XML 66 R44.htm IDEA: XBRL DOCUMENT v3.10.0.1
Equity Method Investments in Affiliates (Tables)
12 Months Ended
Dec. 31, 2018
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Changes in Equity Method Investments in Affiliates
The following table presents summarized financial information for Affiliates accounted for under the equity method:
 
 
For the Years Ended December 31,
 
 
2016(2)
 
2017
 
2018
Revenue(1)
 
$
2,200.9

 
$
3,126.3

 
$
3,231.7

Net income(1)
 
1,068.9

 
2,182.7

 
1,286.1

 
 
December 31,
 
 
2017
 
2018
Assets
 
$
3,324.9

 
$
2,730.4

Liabilities and Non-controlling interests
 
1,405.5

 
1,235.1

__________________________

(1) 
Revenue and the associated net income include asset and performance based fees and the impact of consolidated investment products.

(2) 
Revenue and net income reflect investments in new Affiliates for the full-year, regardless of the date of the Company’s investment.
The following table presents the change in Equity method investments in Affiliates (net):
 
Equity Method Investments in Affiliates (Net)
 
2017
 
2018
Balance, beginning of period
$
3,368.3

 
$
3,304.7

Equity method earnings
501.4

 
370.6

Equity method intangible amortization and impairments
(199.2
)
 
(370.8
)
Distributions of earnings from equity method investments
(429.8
)
 
(466.3
)
Investments
29.8

 
7.3

Foreign currency translation
62.3

 
(34.5
)
Other(1)
(28.1
)
 
(20.0
)
Balance, end of period
$
3,304.7

 
$
2,791.0

Schedule of Financial Information for Affiliates Accounted for Under the Equity Method
The following table presents summarized financial information for Affiliates accounted for under the equity method:
 
 
For the Years Ended December 31,
 
 
2016(2)
 
2017
 
2018
Revenue(1)
 
$
2,200.9

 
$
3,126.3

 
$
3,231.7

Net income(1)
 
1,068.9

 
2,182.7

 
1,286.1

 
 
December 31,
 
 
2017
 
2018
Assets
 
$
3,324.9

 
$
2,730.4

Liabilities and Non-controlling interests
 
1,405.5

 
1,235.1

__________________________

(1) 
Revenue and the associated net income include asset and performance based fees and the impact of consolidated investment products.

(2) 
Revenue and net income reflect investments in new Affiliates for the full-year, regardless of the date of the Company’s investment.
The following table presents the change in Equity method investments in Affiliates (net):
 
Equity Method Investments in Affiliates (Net)
 
2017
 
2018
Balance, beginning of period
$
3,368.3

 
$
3,304.7

Equity method earnings
501.4

 
370.6

Equity method intangible amortization and impairments
(199.2
)
 
(370.8
)
Distributions of earnings from equity method investments
(429.8
)
 
(466.3
)
Investments
29.8

 
7.3

Foreign currency translation
62.3

 
(34.5
)
Other(1)
(28.1
)
 
(20.0
)
Balance, end of period
$
3,304.7

 
$
2,791.0