Annual report pursuant to Section 13 and 15(d)

Summarized Quarterly Financial Data (unaudited)

v3.8.0.1
Summarized Quarterly Financial Data (unaudited)
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Summarized Quarterly Financial Data (unaudited)
Summarized Quarterly Financial Data—(in millions, except per unit amounts)
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Year ended December 31, 2017:
 
 
 
 
 
 
 
 
Revenues
 
$
891

 
$
992

 
$
903

 
$
1,518

Income from operations
 
219

 
200

 
197

 
540

Net income
 
47

 
46

 
23

 
374

Net income (loss) per common unit—basic and diluted (1)
 
(0.80
)
 
(3.71
)
 
(1.10
)
 
0.76

Year ended December 31, 2016:
 
 
 
 
 
 
 
 
Revenues
 
$
67

 
$
151

 
$
331

 
$
551

Income (loss) from operations
 
(10
)
 
13

 
48

 
199

Net income (loss)
 
(75
)
 
(100
)
 
(82
)
 
86

Net income (loss) per common unit—basic and diluted (1)
 
(0.08
)
 
(0.21
)
 
(0.27
)
 
0.07

 
 
 
 
 
(1)
The sum of the quarterly net income (loss) per common unit may not equal the full year amount as the undistributed income and loss allocations and computations of the weighted average common units outstanding for basic and diluted common units outstanding for each quarter and the full year are performed independently.