Units Outstanding

12 Months Ended

Dec. 31, 2016

Equity [Abstract]

Units Outstanding

Units Outstanding

Changes in AB Units outstanding for the years ended December 31, 2016 and 2015 were as follows:

	2016		2015
Outstanding as of January 1,	272,301,827		273,040,452
Options exercised	358,262		541,073
Units issued	4,455,944		4,600,583
Units retired	(8,222,499	)	(5,880,281	)
Outstanding as of December 31,	268,893,534		272,301,827

During 2016 and 2015, we purchased 15,998 and 26,111 AB Units, respectively, in private transactions and retired them.