Units Outstanding

12 Months Ended

Dec. 31, 2015

Equity [Abstract]

Units Outstanding

Units Outstanding

Changes in AB Units outstanding for the years ended December 31, 2015 and 2014 were as follows:

	2015		2014
Outstanding as of January 1,	273,040,452		268,373,419
Options exercised	541,073		1,110,070
Units issued	4,600,583		4,193,445
Units retired	(5,880,281	)	(636,482	)
Outstanding as of December 31,	272,301,827		273,040,452

During 2015 and 2014, we purchased 26,111 and 61,472 AB Units, respectively, in private transactions and retired them.