XML 40 R14.htm IDEA: XBRL DOCUMENT v3.19.3
Redeemable Non-controlling Interests
9 Months Ended
Sep. 30, 2019
Noncontrolling Interest [Abstract]  
Redeemable Non-controlling Interests
Redeemable Non-controlling Interests

Some minority equity owners in certain of our subsidiaries have the right, at certain times, to require us to acquire their ownership interest in those entities at fair value. ASC 480, “Distinguishing Liabilities from Equity,” is applicable for non-controlling interests where we are, or may be, required to purchase all or a portion of the outstanding interest in a subsidiary from the non-controlling interest holder under the terms of a put option contained in contractual agreements. The following table presents the components of change and balances of Redeemable non-controlling interests within the consolidated and combined balance sheet as follows:
(In millions)
 
Nine Months Ended September 30, 2019
 
Year Ended
December 29, 2018
Balance at beginning of period
 
$
92

 
$
367

Decrease in redeemable non-controlling interests due to redemptions
 
(74
)
 
(383
)
Increase in redeemable non-controlling interests due to business acquisitions
 

 
6

Net (loss) income attributable to redeemable non-controlling interests
 
(3
)
 
7

Dividends paid
 

 
(10
)
Effect of foreign currency translation gain (loss) attributable to redeemable non-controlling interests
 
1

 
(2
)
Change in fair value of redeemable non-controlling interests
 
(6
)
 
107

Balance at end of period
 
$
10

 
$
92