XML 63 R41.htm IDEA: XBRL DOCUMENT v3.20.4
Equity Method Investments in Affiliates (Tables)
12 Months Ended
Dec. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Changes in Equity Method Investments in Affiliates The following table presents the change in Equity method investments in Affiliates (net):
Equity Method Investments in Affiliates (Net)
20192020
Balance, beginning of period$2,791.0 $2,195.6 
Earnings289.4 288.6 
Intangible amortization and impairments(627.4)(332.0)
Distributions of earnings(252.4)(236.8)
Foreign currency translation(40.0)5.1 
Investments in Affiliates 162.3 128.7 
Divestments of Affiliates(117.7)— 
Other(9.6)25.6 
Balance, end of period$2,195.6 $2,074.8 
The following table presents summarized financial information for Affiliates accounted for under the equity method:
 For the Years Ended December 31,
 201820192020
Revenue(1)
$3,231.7 $2,760.9 $2,659.7 
Net income(1)
1,286.1 1,061.3 1,061.8 
 December 31,
 20192020
Assets$2,718.5 $2,958.9 
Liabilities and Non-controlling interests1,212.7 1,245.5 
__________________________(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.