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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) - USD ($)
$ in Millions
Total
Total
Common shares and paid-in surplus
Retained earnings
AOCI, after tax
Non-controlling interest
Total Equity
BAM
Non-controlling interest
BAM
Total Equity
Beginning Balances at Dec. 31, 2020   $ 3,906.0 $ 595.2 $ 3,311.2 $ (0.4) $ (88.1) $ 3,817.9    
Increase (Decrease) in Shareholders' Equity                  
Net income (loss) $ (361.9) (308.2)   (308.2)   (53.7) (361.9)    
Net gain (loss) from foreign currency translation from sale of discontinued operations, net of tax - NSM Group 0.0                
Other comprehensive income (loss), net of tax (0.3) 0.4     0.4   0.4    
Comprehensive income (loss) (307.6) (307.8)   (308.2) 0.4 (53.7) (361.5)    
Dividends declared on common shares   (3.1)   (3.1)     (3.1)    
Dividends to non-controlling interests           (1.8) (1.8)    
Issuances of common shares   1.7 1.7       1.7    
Issuances of shares of non-controlling interests           6.1 6.1    
Repurchases and retirements of common shares   (94.6) (16.6) (78.0)     (94.6)    
BAM member surplus contribution, net of tax               $ 44.8 $ 44.8
Amortization of restricted share awards   11.1 11.1       11.1    
Recognition of equity-based compensation expense of subsidiaries   2.0 2.0     0.3 2.3    
Net contributions and dilution from other non-controlling interests   6.4 (7.2) 13.4 0.2 (5.3) 1.1    
Acquisition of non-controlling interests           230.3 230.3    
Ending Balances at Sep. 30, 2021   3,521.7 586.2 2,935.3 0.2 132.6 3,654.3    
Beginning Balances at Jun. 30, 2021   3,978.2 597.2 3,378.6 2.4 129.8 4,108.0    
Increase (Decrease) in Shareholders' Equity                  
Net income (loss) (383.9) (371.4)   (371.4)   (12.5) (383.9)    
Net change in foreign currency translation and other   (2.2)     (2.2) (0.2) (2.4)    
Net gain (loss) from foreign currency translation from sale of discontinued operations, net of tax - NSM Group 0.0                
Other comprehensive income (loss), net of tax 0.0                
Comprehensive income (loss) (373.6) (373.6)   (371.4) (2.2) (12.7) (386.3)    
Dividends to non-controlling interests           (0.6) (0.6)    
Repurchases and retirements of common shares   (87.1) (15.2) (71.9)     (87.1)    
BAM member surplus contribution, net of tax               14.7 14.7
Amortization of restricted share awards   3.6 3.6       3.6    
Recognition of equity-based compensation expense of subsidiaries   0.2 0.2       0.2    
Net contributions and dilution from other non-controlling interests   0.4 0.4     1.4 1.8    
Ending Balances at Sep. 30, 2021   3,521.7 586.2 2,935.3 0.2 132.6 3,654.3    
Beginning Balances at Dec. 31, 2021 3,704.7 3,548.1 588.9 2,957.5 1.7 156.6 3,704.7    
Increase (Decrease) in Shareholders' Equity                  
Net income (loss) 650.9 752.4   752.4   (101.5) 650.9    
Net gain (loss) from foreign currency translation from sale of discontinued operations, net of tax - NSM Group 2.9 2.9     2.9   2.9    
Other comprehensive income (loss), net of tax (3.0) (7.8)     (7.8) (0.4) (8.2)    
Comprehensive income (loss) 747.1 747.5   752.4 (4.9) (101.9) 645.6    
Dividends declared on common shares   (3.0)   (3.0)     (3.0)    
Dividends to non-controlling interests           (7.5) (7.5)    
Issuances of common shares   3.0 3.0       3.0    
Issuances of shares of non-controlling interests           74.6 74.6    
Repurchases and retirements of common shares   (610.5) (89.2) (521.3)     (610.5)    
BAM member surplus contribution, net of tax               62.3 62.3
Amortization of restricted share awards   10.3 10.3       10.3    
Recognition of equity-based compensation expense of subsidiaries   8.1 8.1     0.8 8.9    
Net contributions and dilution from other non-controlling interests   4.5 14.2 (9.7)   (9.1) (4.6)    
Disposition of non-controlling interests           (17.5) (17.5)    
Ending Balances at Sep. 30, 2022 3,866.3 3,708.0 535.3 3,175.9 (3.2) 158.3 3,866.3    
Beginning Balances at Jun. 30, 2022   3,323.3 603.2 2,725.1 (5.0) 168.7 3,492.0    
Increase (Decrease) in Shareholders' Equity                  
Net income (loss) 869.5 888.2   888.2   (18.7) 869.5    
Net change in foreign currency translation and other   (1.1)     (1.1) 0.3 (0.8)    
Net gain (loss) from foreign currency translation from sale of discontinued operations, net of tax - NSM Group 2.9 2.9     2.9   2.9    
Other comprehensive income (loss), net of tax (1.4)                
Comprehensive income (loss) 890.4 890.0   888.2 1.8 (18.4) 871.6    
Dividends to non-controlling interests           (0.5) (0.5)    
Repurchases and retirements of common shares   (508.9) (71.5) (437.4)     (508.9)    
BAM member surplus contribution, net of tax               $ 26.0 $ 26.0
Amortization of restricted share awards   3.8 3.8       3.8    
Recognition of equity-based compensation expense of subsidiaries   0.4 0.4     0.2 0.6    
Net contributions and dilution from other non-controlling interests   (0.6) (0.6)     (0.2) (0.8)    
Disposition of non-controlling interests (17.5)         (17.5)      
Ending Balances at Sep. 30, 2022 $ 3,866.3 $ 3,708.0 $ 535.3 $ 3,175.9 $ (3.2) $ 158.3 $ 3,866.3