XML 46 R34.htm IDEA: XBRL DOCUMENT v3.23.2

Equity Method Investments in Affiliates (Tables)

6 Months Ended

Jun. 30, 2023

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, 2022						June 30, 2023
Goodwill						$	1,262.4					$	1,280.7
Definite-lived acquired client relationships (net)						479.4						441.5
Indefinite-lived acquired client relationships (net)						119.0						121.7
Undistributed earnings and tangible capital						278.7						99.9
Equity method investments in Affiliates (net)						$	2,139.5					$	1,943.8

The following table presents the change in Equity method investments in Affiliates (net):

			Equity Method Investments in Affiliates (Net)
Balance, as of December 31, 2022			$	2,139.5
Earnings			156.3
Intangible amortization and impairments			(41.8)
Distributions of earnings			(352.3)
Foreign currency translation			29.2
Other			12.9
Balance, as of June 30, 2023			$	1,943.8

X

- References

No definition available.

+ Details

Name:	us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481687/323-10-50-3

+ Details

Name:	us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration