Redeemable Noncontrolling Interest (Notes)

6 Months Ended

Jun. 30, 2022

Business Combination, Step Acquisition [Abstract]

Redeemable Noncontrolling Interest

REDEEMABLE NONCONTROLLING INTERESTRedeemable noncontrolling interest is interest in subsidiaries that is redeemable outside of our control, either for cash or other assets. These interests are classified as mezzanine equity and measured at the greater of estimated redemption value or carrying value at the end of each reporting period. Net loss attributed to noncontrolling interest is recorded in the Condensed Consolidated Statements of Income. Any adjustments to the redemption value of redeemable noncontrolling interest are recognized in either net income or through accumulated paid-in capital, depending on the nature of the underlying security (preferred or common units).

The components of redeemable noncontrolling interest as of June 30, 2022, were as follows (dollar amounts in millions):

Beginning balance December 31, 2021	$	4
Net loss attributed to noncontrolling interest	(1)
Ending balance June 30, 2022	$	3