v3.26.3
Net Income per Common Unit
9 Months Ended
Sep. 30, 2026
Net Income Per Unit [Abstract]  
Net Income per Unit Net Income per Common Unit
A reconciliation of the numerators and denominators of the basic and diluted per unit computations is as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Net income$499 $137 $1,426 $430 
Less:
Incentive distribution rights
76 43 221 122 
Distributions on unvested phantom unit awards
1 2 5 5 
Preferred unitholders' interest in net income29 4 88 4 
Class D unitholder's interest in net income108 — 306 — 
Common unitholders’ interest in net income
$285 $88 $806 $299 
Weighted average common units outstanding:
Basic
136,896,631 136,604,533 136,893,440 136,436,142 
Dilutive effect of unvested phantom unit awards1,001,615 742,399 839,341 699,232 
Diluted
137,898,246 137,346,932 137,732,781 137,135,374 
Net income per common unit:
Basic
$2.08 $0.64 $5.89 $2.19 
Diluted
$2.07 $0.64 $5.85 $2.18