| NET INCOME PER COMMON UNIT A reconciliation of income or loss and weighted average units used in computing basic and diluted income per common unit is as follows: | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, | | | | | | 2026 | | 2025 | | Net income | | | | | $ | 1,976 | | | $ | 1,720 | | | Less: Net income attributable to noncontrolling interests | | | | | 715 | | | 384 | | | Less: Net income attributable to redeemable noncontrolling interests | | | | | 7 | | | 13 | | | Net income, net of noncontrolling interests | | | | | 1,254 | | | 1,323 | | | Less: General Partner’s interest in net income | | | | | 1 | | | 1 | | | Less: Preferred Unitholders’ interest in net income | | | | | 59 | | | 67 | | | | | | | | | | | Common Unitholders’ interest in net income | | | | | $ | 1,194 | | | $ | 1,255 | | | Basic Income per Common Unit: | | | | | | | | | Weighted average common units | | | | | 3,440.6 | | | 3,431.4 | | | Basic income per common unit | | | | | $ | 0.35 | | | $ | 0.37 | | | | | | | | | | | Diluted Income per Common Unit: | | | | | | | | | Common Unitholders’ interest in net income | | | | | $ | 1,194 | | | $ | 1,255 | | Dilutive effect of equity-based compensation of subsidiaries (1) | | | | | — | | | — | | | Diluted income attributable to Common Unitholders | | | | | $ | 1,194 | | | $ | 1,255 | | | Weighted average common units | | | | | 3,440.6 | | | 3,431.4 | | Dilutive effect of unvested restricted unit awards (1) | | | | | 16.8 | | | 21.5 | | | Weighted average common units, assuming dilutive effect of unvested restricted unit awards | | | | | 3,457.4 | | | 3,452.9 | | | Diluted income per common unit | | | | | $ | 0.35 | | | $ | 0.36 | | | | | | | | | |
(1)Dilutive effects are excluded from the calculation for periods where the impact would have been antidilutive.
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