Units Outstanding

12 Months Ended

Dec. 31, 2022

Equity [Abstract]

Units Outstanding

Units Outstanding

Changes in AB Units outstanding for the years ended December 31, 2022 and 2021 were as follows:

	2022	2021
Outstanding as of January 1,	271,453,043	270,509,658
Options exercised	5,774	143,211
Units issued (1)	17,326,222	3,917,437
Units retired(2)	(2,805,126)	(3,117,263)
Outstanding as of December 31,	285,979,913	271,453,043

(1)Includes 15,321,535 Units issued as a result of the CarVal acquisition.

(2)During 2022 and 2021, we purchased 2,500 and 5,400 AB Units, respectively, in private transactions and retired them.