v3.26.1
Net Income Per Common Unit - Income Reconciliation (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Earnings Per Share [Abstract]        
Net income $ 2,530 $ 1,458 $ 4,506 $ 3,178
Less: Net income attributable to redeemable noncontrolling interests 10 20 17 33
NET INCOME ATTRIBUTABLE TO PARTNERS 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
Common Unitholders’ interest in net income $ 2,027 $ 1,091 $ 3,221 $ 2,346
Basic Income per Limited Partner Unit        
Weighted average common units 3,442,200,000 3,432,200,000 3,441,400,000 3,431,800,000
Basic income per common unit (in dollars per unit) $ 0.59 $ 0.32 $ 0.94 $ 0.68
Diluted Income per Limited Partner Unit:        
Dilutive effect of equity-based compensation of subsidiaries $ 0 $ 0 $ 1 $ 0
Diluted income attributable to Common Unitholders $ 2,027 $ 1,091 $ 3,220 $ 2,346
Dilutive effect of unvested restricted unit awards 20,900,000 21,300,000 21,100,000 22,300,000
Weighted average common units, assuming dilutive effect of unvested restricted unit awards 3,463,100,000 3,453,500,000 3,462,500,000 3,454,100,000
Diluted income per common unit (in dollars per unit) $ 0.59 $ 0.32 $ 0.93 $ 0.68