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Equity Method Investments in Affiliates (Tables)
6 Months Ended
Jun. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Changes in Equity Method Investments in Affiliates
Equity method investments in Affiliates (net) consisted of the following:
December 31,
2021
June 30,
2022
Goodwill$1,264.4 $1,346.7 
Definite-lived acquired client relationships (net)470.1 499.3 
Indefinite-lived acquired client relationships (net)174.4 173.6 
Undistributed earnings and tangible capital225.5 84.5 
Equity method investments in Affiliates (net)$2,134.4 $2,104.1 
The following table presents the change in Equity method investments in Affiliates (net):
Equity Method Investments in Affiliates (Net)
Balance, as of December 31, 2021$2,134.4 
Investments in Affiliates182.8 
Earnings137.0 
Intangible amortization and impairments(57.9)
Distributions of earnings (276.4)
Return of capital(0.8)
Foreign currency translation(11.2)
Other(3.8)
Balance, as of June 30, 2022$2,104.1