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Equity Method Investments in Affiliates (Tables)
 12 Months Ended
Dec. 31, 2019
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,
 
 
2017
 
2018
 
2019
Revenue(1)
 
$
3,126.3

 
$
3,231.7

 
$
2,760.9

Net income(1)
 
2,182.7

 
1,286.1

 
1,061.3

 
 
December 31,
 
 
2018
 
2019
Assets
 
$
2,730.4

 
$
2,718.5

Liabilities and Non-controlling interests
 
1,235.1

 
1,212.7

__________________________
(1) 
Revenue and net income include asset and performance based fees, the impact of consolidated sponsored investment products and 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)
 
2018
 
2019
Balance, beginning of period
$
3,304.7

 
$
2,791.0

Earnings
370.6

 
289.4

Intangible amortization and impairments
(370.8
)
 
(627.4
)
Distributions of earnings
(466.3
)
 
(252.4
)
Foreign currency translation
(34.5
)
 
(40.0
)
Investments in Affiliates
7.3

 
162.3

Divestments of Affiliates
—

 
(117.7
)
Other
(20.0
)
 
(9.6
)
Balance, end of period
$
2,791.0

 
$
2,195.6