Investments in Affiliated Companies

3 Months Ended

Mar. 31, 2021

Investments in and Advances to Affiliates [Abstract]

Investments in and Advances to Affiliates, Schedule of Investments [Text Block]

Investments in Affiliated Companies

Our affiliate investments primarily include interests in each of the RRPF affiliates, a group of 50% owned domestic and foreign joint ventures with Rolls-Royce plc, a leading manufacturer of commercial aircraft jet engines.

In accordance with Regulation S-X, we must assess if any of our investments in affiliated companies is a “significant subsidiary”. Although we determined that Alpha Partners Leasing Limited, which is part of the RRPF affiliates, did not trigger any of the significance tests as of March 31, 2021, we determined that at least one of the significance tests was triggered as of March 31, 2020. As a result, and in accordance with Rule 10-01(b) of Regulation S-X, the following table shows summarized unaudited financial information for Alpha Partners Leasing Limited (in millions):

	Three Months Ended March 31
	2021		2020
Total revenue	$	93.8	$	104.0
Total expenses	(87.3)		(86.4)
Other income, including net gains on sales of assets	9.0		22.3
Net income	12.6		32.3