NONCONTROLLING INTERESTS

3 Months Ended

Mar. 31, 2015

12. NONCONTROLLING INTERESTS

The following table presents a rollforward of noncontrolling interests:

		Redeemable		Non-redeemable
		Noncontrolling		Noncontrolling
(in millions)		Interests		Interests
Three Months Ended March 31, 2015
Balance, beginning of year	$	-	$	374
Contributions from noncontrolling interests		-		1
Distributions to noncontrolling interests		-		(4)
Consolidation (deconsolidation)		-		7
Comprehensive income (loss):
Net income (loss)		-		9
Foreign currency translation adjustments		-		(3)
Total other comprehensive income (loss), net of tax		-		(3)
Total comprehensive income (loss)		-		6
Other		-		4
Balance, end of period	$	-	$	388

Three Months Ended March 31, 2014
Balance, beginning of year	$	30	$	611
Contributions from noncontrolling interests		1		5
Distributions to noncontrolling interests		-		(22)
Consolidation (deconsolidation)		(4)		(34)
Comprehensive income:
Net income		-		3
Total comprehensive income		-		3
Other		-		(3)
Balance, end of period	$	27	$	560

- Definition

The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock.

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