v3.26.1
Earnings (Loss) per Unit (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Allocation of net income from continuing operations among partner interests:        
Net income from continuing operations attributable to common unitholders, basic $ 665 $ 264 $ 1,110 $ 487
Net income from continuing operations attributable to common unitholders, diluted 665 264 1,110 487
Allocation of net loss from discontinued operations among partner interests:        
Net loss from discontinued operations attributable to common unitholders, basic 0 1 0 3
Net loss from discontinued operations attributable to common unitholders, diluted 0 1 0 3
Allocation of net income among partner interests:        
Net income attributable to common unitholders, basic 665 263 1,110 484
Net income attributable to common unitholders, diluted 665 263 1,110 484
Class A common units        
Allocation of net income from continuing operations among partner interests:        
Net income from continuing operations attributable to common unitholders, basic 507 190 845 350
Net income from continuing operations attributable to common unitholders, diluted 507 190 845 350
Allocation of net loss from discontinued operations among partner interests:        
Net loss from discontinued operations attributable to common unitholders, basic 0 1 0 2
Net loss from discontinued operations attributable to common unitholders, diluted 0 1 0 2
Allocation of net income among partner interests:        
Net income attributable to common unitholders, basic 507 189 845 348
Net income attributable to common unitholders, diluted $ 507 $ 189 $ 845 $ 348
Denominator - basic and diluted partnership units:        
Weighted average number of unit outstanding, basic (in shares) 228 209 227 209
Weighted average number of units outstanding, diluted (in shares) 228 209 227 209
Earnings per unit attributable to common unitholders - basic and diluted:        
Net income from continuing operations, basic (in usd per share) $ 2.23 $ 0.91 $ 3.73 $ 1.68
Net income from continuing operations, diluted (in usd per share) 2.23 0.91 3.73 1.68
Net loss from discontinued operations, basic (in usd per share) 0 0.00 0 (0.01)
Net loss from discontinued operations, diluted (in usd per share) 0 0.00 0 (0.01)
Net income, basic (in usd per share) 2.23 0.91 3.73 1.67
Net income, diluted (in usd per share) $ 2.23 $ 0.91 $ 3.73 $ 1.67
Partnership exchangeable units        
Allocation of net income from continuing operations among partner interests:        
Net income from continuing operations attributable to common unitholders, basic $ 158 $ 74 $ 265 $ 137
Net income from continuing operations attributable to common unitholders, diluted 158 74 265 137
Allocation of net loss from discontinued operations among partner interests:        
Net loss from discontinued operations attributable to common unitholders, basic 0 0 0 1
Net loss from discontinued operations attributable to common unitholders, diluted 0 0 0 1
Allocation of net income among partner interests:        
Net income attributable to common unitholders, basic 158 74 265 136
Net income attributable to common unitholders, diluted $ 158 $ 74 $ 265 $ 136
Denominator - basic and diluted partnership units:        
Weighted average number of unit outstanding, basic (in shares) 108 127 109 127
Weighted average number of units outstanding, diluted (in shares) 108 127 109 127
Earnings per unit attributable to common unitholders - basic and diluted:        
Net income from continuing operations, basic (in usd per share) $ 1.46 $ 0.58 $ 2.43 $ 1.07
Net income from continuing operations, diluted (in usd per share) 1.46 0.58 2.43 1.07
Net loss from discontinued operations, basic (in usd per share) 0 0.00 0 (0.01)
Net loss from discontinued operations, diluted (in usd per share) 0 0.00 0 (0.01)
Net income, basic (in usd per share) 1.46 0.58 2.43 1.06
Net income, diluted (in usd per share) $ 1.46 $ 0.58 $ 2.43 $ 1.06