| Reconciliation Of Net Income And Weighted Average Units |
A reconciliation of income or loss and weighted average units used in computing basic and diluted income per common unit is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Net income | $ | 2,530 | | | $ | 1,458 | | | $ | 4,506 | | | $ | 3,178 | | | Less: Net income attributable to noncontrolling interests | 432 | | | 275 | | | 1,147 | | | 659 | | | Less: Net income attributable to redeemable noncontrolling interests | 10 | | | 20 | | | 17 | | | 33 | | | Net income, net of noncontrolling interests | 2,088 | | | 1,163 | | | 3,342 | | | 2,486 | | | Less: General Partner’s interest in net income | 2 | | | 1 | | | 3 | | | 2 | | | Less: Preferred Unitholders’ interest in net income | 59 | | | 63 | | | 118 | | | 130 | | | Less: Loss on redemption of preferred units | — | | | 8 | | | — | | | 8 | | | Common Unitholders’ interest in net income | $ | 2,027 | | | $ | 1,091 | | | $ | 3,221 | | | $ | 2,346 | | | Basic Income per Common Unit: | | | | | | | | | Weighted average common units | 3,442.2 | | | 3,432.2 | | | 3,441.4 | | | 3,431.8 | | | Basic income per common unit | $ | 0.59 | | | $ | 0.32 | | | $ | 0.94 | | | $ | 0.68 | | | | | | | | | | | Diluted Income per Common Unit: | | | | | | | | | Common Unitholders’ interest in net income | $ | 2,027 | | | $ | 1,091 | | | $ | 3,221 | | | $ | 2,346 | | Dilutive effect of equity-based compensation of subsidiaries (1) | — | | | — | | | 1 | | | — | | | Diluted income attributable to Common Unitholders | $ | 2,027 | | | $ | 1,091 | | | $ | 3,220 | | | $ | 2,346 | | | Weighted average common units | 3,442.2 | | | 3,432.2 | | | 3,441.4 | | | 3,431.8 | | Dilutive effect of unvested restricted unit awards (1) | 20.9 | | | 21.3 | | | 21.1 | | | 22.3 | | | Weighted average common units, assuming dilutive effect of unvested restricted unit awards | 3,463.1 | | | 3,453.5 | | | 3,462.5 | | | 3,454.1 | | | Diluted income per common unit | $ | 0.59 | | | $ | 0.32 | | | $ | 0.93 | | | $ | 0.68 | | | | | | | | | |
(1)Dilutive effects are excluded from the calculation for periods where the impact would have been antidilutive.
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