Redeemable Noncontrolling Interest

9 Months Ended

Sep. 30, 2013

Note 6: Redeemable Noncontrolling Interest

The following table presents a summary of the redeemable noncontrolling interest activity:

(in millions)	2013			2012
Balance as of January 1,	$	67.4		$	67.4
Distributions	(26.0		)	(27.4		)
Share of income	24.6			26.6
Adjustment to redemption value of redeemable noncontrolling interest	2.0			—
Other	(0.1		)	—
Balance as of September 30,	$	67.9		$	66.6

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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