v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL - USD ($)
$ in Millions
Total
Partners’ Capital Excluding Noncontrolling Interests
Noncontrolling Interests
Limited Partners
Series A Preferred Units
Partners’ Capital Excluding Noncontrolling Interests
Limited Partners
Series B Preferred Units
Partners’ Capital Excluding Noncontrolling Interests
Limited Partners
Common Units
Partners’ Capital Excluding Noncontrolling Interests
Beginning balance at Dec. 31, 2024 $ 13,096 $ 9,813 $ 3,283 $ 1,514 $ 787 $ 7,512
Increase (Decrease) in Partners' Capital            
Net income 516 443 73 39 18 386
Distributions (456) (324) (132) (39) (18) (267)
Other comprehensive income (loss) 5 5       5
Repurchase of Series A preferred units (313) (313)   (270)   (43)
Contributions from noncontrolling interests 4   4      
Other 8 8   1   7
Ending balance at Mar. 31, 2025 12,860 9,632 3,228 1,245 787 7,600
Beginning balance at Dec. 31, 2025 13,080 9,836 3,244 1,248 787 7,801
Increase (Decrease) in Partners' Capital            
Net income 231 152 79 36 16 100
Distributions (450) (347) (103) (36) (16) (295)
Other comprehensive income (loss) (49) (49)       (49)
Other 8 9 (1) 1   8
Ending balance at Mar. 31, 2026 $ 12,820 $ 9,601 $ 3,219 $ 1,249 $ 787 $ 7,565