A reconciliation of the beginning and ending balances of noncontrolling interests and distributions payable to the noncontrolling interests in our consolidated balance sheets is provided below.



	2025						2024
	CFN		Blue Point		Total		CFN
	(in millions)
Noncontrolling interests:
Balance as of January 1	$	2,607	$	—	$	2,607	$	2,656
Issuance of noncontrolling interests in Blue Point Number One, LLC	—		235		235		—
Earnings attributable to noncontrolling interests	140		5		145		130
Declaration of distributions payable	(129)		—		(129)		(144)


Balance as of June 30	$	2,618	$	240	$	2,858	$	2,642
Distributions payable to noncontrolling interest:
Balance as of January 1	$	—	$	—	$	—	$	—
Declaration of distributions payable	129		—		129		144
Distributions to noncontrolling interest	(129)		—		(129)		(144)

Balance as of June 30	$	—	$	—	$	—	$	—