v3.26.3
Consolidated Statement of Equity - USD ($)
$ in Millions
Total
Common Unitholders
Class D unitholders
Series A Preferred Units
Accumulated Other Comprehensive Income
Beginning balance at Dec. 31, 2024 $ 4,068 $ 4,066     $ 2
Cash distributions to unitholders, including incentive distributions 159 159     0
Non-cash unit-based compensation 4 4     0
Other comprehensive loss, net of tax 1 0     1
Units issued in acquisition 5 5     0
Other 30 36     (6)
NET INCOME 207 207     0
Ending balance at Mar. 31, 2025 4,156 4,159     (3)
Beginning balance at Dec. 31, 2024 4,068 4,066     2
Other comprehensive loss, net of tax 2        
NET INCOME 430        
Ending balance at Sep. 30, 2025 4,064        
Beginning balance at Mar. 31, 2025 4,156 4,159     (3)
Cash distributions to unitholders, including incentive distributions 163 163     0
Non-cash unit-based compensation 5 5     0
Other comprehensive loss, net of tax 1 0     1
Units issued in acquisition 13 13     0
Other (1) (1)     0
NET INCOME 86 86     0
Ending balance at Jun. 30, 2025 4,097        
Cash distributions to unitholders, including incentive distributions 166 166     0
Non-cash unit-based compensation 5 5     0
Other comprehensive loss, net of tax 0        
Other (5) (5)     0
NET INCOME 137        
Ending balance at Sep. 30, 2025 4,064        
Net income, excluding amounts attributable to Sunoco Series A Preferred 133 133     0
Beginning balance at Dec. 31, 2025 8,009 3,970 $ 2,538 $ 1,507 (6)
Cash distributions to unitholders, including incentive distributions 296 189 48 59 0
Non-cash unit-based compensation 6 6 0 0 0
Other comprehensive loss, net of tax (10) 0 0 0 (10)
Other (6) (6) 0 0 0
NET INCOME 644 465 149 30 0
Ending balance at Mar. 31, 2026 8,347 4,246 2,639 1,478 (16)
Beginning balance at Dec. 31, 2025 8,009 3,970 2,538 1,507 (6)
Other comprehensive loss, net of tax (57)        
NET INCOME 1,426        
Ending balance at Sep. 30, 2026 8,512 4,405 2,693 1,477 (63)
Beginning balance at Mar. 31, 2026 8,347 4,246 2,639 1,478 (16)
Cash distributions to unitholders, including incentive distributions 260 209 51 0 0
Non-cash unit-based compensation 7 7 0 0 0
Other comprehensive loss, net of tax (29) 0 0 0 (29)
NET INCOME 283 205 49 29 0
Ending balance at Jun. 30, 2026 8,348 4,249 2,637 1,507 (45)
Cash distributions to unitholders, including incentive distributions 324 213 52 59 0
Non-cash unit-based compensation 7 7 0 0 0
Other comprehensive loss, net of tax (18) 0 0 0 (18)
NET INCOME 499 362 108 29 0
Ending balance at Sep. 30, 2026 $ 8,512 $ 4,405 $ 2,693 $ 1,477 $ (63)