Annual report pursuant to Section 13 and 15(d)

Summarized Quarterly Financial Data (unaudited) (Tables)

v3.19.3.a.u2
Summarized Quarterly Financial Data (unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
Summarized Quarterly Financial Data—(in millions, except per unit amounts)
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Year ended December 31, 2019:
 
 
 
 
 
 
 
 
Revenues
 
$
1,749

 
$
1,705

 
$
1,476

 
$
1,908

Income from operations
 
563

 
455

 
346

 
676

Net income
 
385

 
232

 
110

 
448

Net income per common unit—basic and diluted (1)
 
0.75

 
0.44

 
0.19

 
0.87

Year ended December 31, 2018:
 
 
 
 
 
 
 
 
Revenues
 
$
1,593

 
$
1,407

 
$
1,529

 
$
1,897

Income from operations
 
508

 
455

 
492

 
524

Net income
 
335

 
281

 
307

 
351

Net income per common unit—basic and diluted (1)
 
0.67

 
0.55

 
0.60

 
0.69

 
 
 
 
 
(1)
The sum of the quarterly net income 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.