v3.26.1
Net Income per Common Unit (Tables)
6 Months Ended
Jun. 30, 2026
Net Income Per Unit [Abstract]  
Schedule of Net Income per Unit, Basic and Diluted
A reconciliation of the numerators and denominators of the basic and diluted per unit computations is as follows:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Net income$283 $86 $927 $293 
Less:
Incentive distribution rights
74 40 145 79 
Distributions on unvested phantom unit awards
Preferred unitholders' interest in net income29 — 59 — 
Class D unitholder's interest in net income49 — 198 — 
Common unitholders interest in net income
$129 $45 $521 $211 
Weighted average common units outstanding:
Basic
136,895,211 136,432,676 136,892,005 136,350,550 
Dilutive effect of unvested phantom unit awards839,922 713,343 752,965 690,396 
Diluted
137,735,133 137,146,019 137,644,970 137,040,946 
Net income per common unit:
Basic
$0.94 $0.33 $3.81 $1.55 
Diluted
$0.94 $0.33 $3.79 $1.54