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



	2026						2025
	CFN		Blue Point		Total		CFN		Blue Point		Total
	(in millions)
Noncontrolling interests:
Balance as of January 1	$	2,644	$	293	$	2,937	$	2,607	$	—	$	2,607
Issuance of noncontrolling interests	—		233		233		—		235		235
Earnings (loss) attributable to noncontrolling interests	211		(8)		203		140		5		145
Declaration of distributions payable	(201)		—		(201)		(129)		—		(129)


Balance as of June 30	$	2,654	$	518	$	3,172	$	2,618	$	240	$	2,858
Distributions payable to noncontrolling interests:
Balance as of January 1	$	—	$	—	$	—	$	—	$	—	$	—
Declaration of distributions payable	201		—		201		129		—		129
Distributions to noncontrolling interests	(201)		—		(201)		(129)		—		(129)

Balance as of June 30	$	—	$	—	$	—	$	—	$	—	$	—