Redeemable Stocks of Subsidiaries (Notes)

9 Months Ended

Sep. 30, 2018

Redeemable Stock of Subsidiaries [Abstract]

Redeemable Noncontrolling Interest [Table Text Block]

REDEEMABLE STOCK OF SUBSIDIARIES

The following table summarizes the Company’s redeemable stock of subsidiaries balances as of the periods indicated (in millions):

	September 30, 2018		December 31, 2017
IPALCO common stock	$	618	$	618
Colon quotas (1)	201		159
IPL preferred stock	60		60
Total redeemable stock of subsidiaries	$	879	$	837

 _____________________________

⁽¹⁾  Characteristics of quotas are similar to common stock.

Colon — Our partner in Colon made capital contributions of $34 million and $30 million during the nine months ended September 30, 2018 and 2017, respectively. Any subsequent adjustments to allocate earnings and dividends to our partner, or measure the investment at fair value, will be classified as temporary equity each reporting period as it is probable that the shares will become redeemable.