v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL - USD ($)
$ in Millions
Total
Noncontrolling Interests
Class A Shares
Partners’ Capital
Limited Partners
Beginning balance at Dec. 31, 2023 $ 14,972 $ 13,424 $ 1,548
Increase (Decrease) in Partners' Capital      
Net income 336 294 42
Distributions (386) (323) (63)
Other comprehensive income/(loss) (71) (51) (20)
Contributions from noncontrolling interests 12 12  
Other 15 4 11
Ending balance at Mar. 31, 2024 14,878 13,360 1,518
Beginning balance at Dec. 31, 2024 14,316 12,965 1,351
Increase (Decrease) in Partners' Capital      
Net income 492 408 84
Distributions (456) (381) (75)
Other comprehensive income/(loss) 5 4 1
Repurchase of Series A preferred units by a subsidiary (313) (301) (12)
Contributions from noncontrolling interests 4 4  
Other 12 5 7
Ending balance at Mar. 31, 2025 $ 14,060 $ 12,704 $ 1,356