v3.26.1
Consolidated Statement of Equity - USD ($)
$ in Millions
Total
Common Unitholders
Class D unitholders
Series A Preferred Units
Accumulated Other Comprehensive Income
Beginning balance at Dec. 31, 2024 $ 4,068 $ 4,066     $ 2
Cash distributions to unitholders, including incentive distributions 159 159     0
Non-cash unit-based compensation 4 4     0
Other comprehensive income, net of tax 1 0     1
Units issued in acquisition 5 5     0
Other 30 36     (6)
NET INCOME 207 207     0
Ending balance at Mar. 31, 2025 4,156 4,159     (3)
Beginning balance at Dec. 31, 2025 8,009 3,970 $ 2,538 $ 1,507 (6)
Cash distributions to unitholders, including incentive distributions 296 189 48 59 0
Non-cash unit-based compensation 6 6 0 0 0
Other comprehensive income, net of tax (10) 0 0 0 (10)
Other (6) (6) 0 0 0
NET INCOME 644 465 149 30 0
Ending balance at Mar. 31, 2026 $ 8,347 $ 4,246 $ 2,639 $ 1,478 $ (16)