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Equity Method Investments in Affiliates (Tables) | 12 Months Ended
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Dec. 31, 2021
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Equity Method Investments in Affiliates | Equity method investments in Affiliates (net) consisted of the following:
|  | December 31,
|  | 2020 |  | 2021
Goodwill |  | $ | 1,251.6 |  |  | $ | 1,264.4 |
Definite-lived acquired client relationships (net) |  | 479.5 |  |  | 470.1 |
Indefinite-lived acquired client relationships (net) |  | 173.1 |  |  | 174.4 |
Undistributed earnings and tangible capital |  | 170.6 |  |  | 225.5 |
Equity method investments in Affiliates (net) |  | $ | 2,074.8 |  |  | $ | 2,134.4 |
The following table presents the change in Equity method investments in Affiliates (net):
|  | Equity Method Investments in Affiliates (Net)
|  | 2020 |  | 2021
Balance, beginning of period |  | $ | 2,195.6 |  |  | $ | 2,074.8 |
Investments in Affiliates |  | 128.7 |  |  | 147.3 |
Earnings |  | 288.6 |  |  | 417.5 |
Intangible amortization and impairments |  | (332.0) |  |  | (175.0) |
Distributions of earnings |  | (236.8) |  |  | (337.5) |
Return of capital |  | — |  |  | (4.4) |
Foreign currency translation |  | 5.1 |  |  | 12.5 |
Other |  | 25.6 |  |  | (0.8) |
Balance, end of period |  | $ | 2,074.8 |  |  | $ | 2,134.4 |
The following table presents summarized financial information for Affiliates accounted for under the equity method:
|  | For the Years Ended December 31,
|  | 2019 |  | 2020 |  | 2021
Revenue(1) |  | $ | 2,760.9 |  |  | $ | 2,659.7 |  |  | $ | 3,228.1 |
Net income(1) |  | 1,061.3 |  |  | 1,061.8 |  |  | 1,656.6 |
|  | December 31,
|  | 2020 |  | 2021
Assets |  | $ | 2,958.9 |  |  | $ | 3,607.7 |
Liabilities and Non-controlling interests |  | 1,245.5 |  |  | 1,422.7 |
__________________________ (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.

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
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