Redeemable Stocks of Subsidiaries (Notes)

6 Months Ended

Jun. 30, 2020

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, 2020		December 31, 2019
IPALCO common stock	$	618	$	618
Colon quotas (1)	197		210
IPL preferred stock	60		60
Total redeemable stock of subsidiaries	$	875	$	888

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

Colon — Our partner in Colon made capital contributions of $10 million during the six months ended June 30, 2019. No contributions were made in 2020. 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.