Partners' Capital (Tables)

6 Months Ended

Jun. 30, 2026

Partners' Capital Notes [Abstract]

Summary of quarterly per unit distribution paid


Payment Date		Per Unit Cash Distribution			Total Cash Distribution
					(in thousands)

February 14, 2025		$	0.70		$	90,891
May 15, 2025			0.70			90,739
August 14, 2025			0.60			77,776
November 14, 2025			0.60			77,772
Total		$	2.60		$	337,178

February 13, 2026		$	0.60		$	78,009
May 15, 2026			0.60			77,847
August 14, 2026 (1)			0.60
Total		$	1.80		$	155,856

(1)	On July 27, 2026, we declared this quarterly distribution payable on August 14, 2026 to all unitholders of record as of August 7, 2026.

Summary of changes to Partners' Capital


							Accumulated
		Number of		Limited			Other
		Limited Partner		Partners'			Comprehensive			Noncontrolling			Total Partners'
		Units		Capital			Income (Loss)			Interest			Capital

		(in thousands, except unit data)
Balance at January 1, 2026		128,428,024		$	1,843,627		$	(1,026)		$	17,621		$	1,860,222
Comprehensive income:
Net income		—			9,094			—			1,653			10,747
Other comprehensive loss		—			—			(6,360)			—			(6,360)
Total comprehensive income														4,387
Settlement of deferred compensation plans		230,777			(4,142)			—			—			(4,142)
Common unit-based compensation		—			1,667			—			—			1,667
Distributions on deferred common unit-based compensation		—			(953)			—			—			(953)
Distributions from consolidated company to noncontrolling interest		—			—			—			(1,830)			(1,830)
Distributions to Partners		—			(77,056)			—			—			(77,056)
Balance at March 31, 2026		128,658,801			1,772,237			(7,386)			17,444			1,782,295
Comprehensive income:
Net income		—			79,562			—			1,986			81,548
Other comprehensive income		—			—			169			—			169
Total comprehensive income														81,717
Common unit-based compensation		—			2,275			—			—			2,275
Distributions on deferred common unit-based compensation		—			(652)			—			—			(652)
Distributions from consolidated company to noncontrolling interest		—			—			—			(2,044)			(2,044)
Distributions to Partners		—			(77,195)			—			—			(77,195)
Balance at June 30, 2026		128,658,801		$	1,776,227		$	(7,217)		$	17,386		$	1,786,396


							Accumulated
		Number of		Limited			Other
		Limited Partner		Partners'			Comprehensive			Noncontrolling			Total Partners'
		Units		Capital			Income (Loss)			Interest			Capital

		(in thousands, except unit data)
Balance at January 1, 2025		128,061,981		$	1,867,850		$	(35,103)		$	20,786		$	1,853,533
Comprehensive income:
Net income		—			73,983			—			1,577			75,560
Other comprehensive income		—			—			270			—			270
Total comprehensive income														75,830
Settlement of deferred compensation plans		366,043			(7,082)			—			—			(7,082)
Common unit-based compensation		—			1,964			—			—			1,964
Distributions on deferred common unit-based compensation		—			(1,247)			—			—			(1,247)
Distributions from consolidated company to noncontrolling interest		—			—			—			(1,894)			(1,894)
Distributions to Partners		—			(89,644)			—			—			(89,644)
Balance at March 31, 2025		128,428,024			1,845,824			(34,833)			20,469			1,831,460
Comprehensive income:
Net income		—			59,410			—			1,615			61,025
Other comprehensive income		—			—			11,194			—			11,194
Total comprehensive income														72,219
Common unit-based compensation		—			2,281			—			—			2,281
Distributions on deferred common unit-based compensation		—			(841)			—			—			(841)
Distributions from consolidated company to noncontrolling interest		—			—			—			(2,731)			(2,731)
Distributions to Partners		—			(89,898)			—			—			(89,898)
Balance at June 30, 2025		128,428,024		$	1,816,776		$	(23,639)		$	19,353		$	1,812,490