Redeemable Stocks of Subsidiaries (Notes)

6 Months Ended

Jun. 30, 2019

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):

	June 30, 2019		December 31, 2018
IPALCO common stock	$	618	$	618
Colon quotas (1)	218		201
IPL preferred stock	60		60
Total redeemable stock of subsidiaries	$	896	$	879

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

Colon — Our partner in Colon made capital contributions of $10 million and $24 million during the six months ended June 30, 2019 and 2018, 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.