EQUITY (Tables)

6 Months Ended

Jun. 30, 2019

Schedule of calculation of noncontrolling interests

The following tables present the calculation of total noncontrolling interests for the three and six months ended June 30, 2019:



	Three Months Ended June 30, 2019
	Noncontrolling Interests in Consolidated Entities			Noncontrolling Interests Held by KKR Holdings			Total Noncontrolling Interests
Balance at the beginning of the period	$	11,806,428		$	5,079,042		$	16,885,470
Net income (loss) attributable to noncontrolling interests ⁽¹⁾	477,768			361,228			838,996
Other comprehensive income (loss), net of tax ⁽²⁾	(1,600		)	(285		)	(1,885		)
Exchange of KKR Holdings Units to Class A Common Stock ⁽³⁾	—			(29,683		)	(29,683		)
Equity-based and other non-cash compensation	—			22,803			22,803
Capital contributions	1,454,520			1,573			1,456,093
Capital distributions	(686,223		)	(78,986		)	(765,209		)
Balance at the end of the period	$	13,050,893		$	5,355,692		$	18,406,585



	Six Months Ended June 30, 2019
	Noncontrolling Interests in Consolidated Entities			Noncontrolling Interests Held by KKR Holdings			Total Noncontrolling Interests
Balance at the beginning of the period	$	10,984,910		$	4,625,448		$	15,610,358
Net income (loss) attributable to noncontrolling interests ⁽¹⁾	914,127			842,596			1,756,723
Other comprehensive income (loss), net of tax ⁽²⁾	911			(164		)	747
Exchange of KKR Holdings Units to Class A Common Stock ⁽³⁾	—			(36,777		)	(36,777		)
Equity-based and other non-cash compensation	—			45,921			45,921
Capital contributions	2,649,312			1,596			2,650,908
Capital distributions	(1,498,367		)	(122,928		)	(1,621,295		)
Balance at the end of the period	$	13,050,893		$	5,355,692		$	18,406,585


(1)	Refer to the table below for calculation of net income (loss) attributable to noncontrolling interests held by KKR Holdings.


(2)	With respect to noncontrolling interests held by KKR Holdings, calculated on a pro rata basis based on the weighted average KKR Group Partnership Units held by KKR Holdings during the reporting period.

(3)

Calculated based on the proportion of KKR Holdings units exchanged for KKR & Co. Inc. Class A common stock during the reporting period. The exchange agreement with KKR Holdings provides for the exchange of KKR Group Partnership Units held by KKR Holdings for KKR & Co. Inc. Class A common stock.

Schedule of net income (loss) attributable to noncontrolling interests held by KKR Holdings

The following table presents net income (loss) attributable to noncontrolling interests held by KKR Holdings:



	Three Months Ended June 30,					Six Months Ended June 30,
	2019		2018			2019		2018
Net income (loss)	$	1,361,730	$	1,566,396		$	2,988,776	$	2,169,290
Less: Net income (loss) attributable to Redeemable Noncontrolling Interests	—		(18,016		)	—		7,658
Less: Net income (loss) attributable to Noncontrolling Interests in consolidated entities	477,768		445,831			914,127		723,606
Less: Preferred Stock Dividends	8,341		8,341			16,682		16,682
Plus: Income tax expense (benefit) attributable to KKR & Co. Inc.	146,323		40,897			305,285		46,965
Net income (loss) attributable to KKR & Co. Inc. Class A Common Stockholders and KKR Holdings	$	1,021,944	$	1,171,137		$	2,363,252	$	1,468,309

Net income (loss) attributable to Noncontrolling Interests held by KKR Holdings	$	361,228	$	449,859		$	842,596	$	570,861

Redeemable noncontrolling interests

The following table presents the rollforward of Redeemable Noncontrolling Interests:



	Three Months Ended June 30, 2019		Six Months Ended June 30, 2019
Balance at the beginning of the period	$	—	$	1,122,641
Changes in consolidation	—		(1,122,641		)
Balance at the end of the period	$	—	$	—