Quarterly report pursuant to Section 13 or 15(d)

Net Income per Common Unit (Details)

v3.24.3
Net Income per Common Unit (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Oct. 25, 2024
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2024
Sep. 30, 2023
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                  
Net Income   $ 635 $ 570 $ 682 $ 791 $ 622 $ 1,935 $ 1,887 $ 3,348
Declared distributions   501     714     1,503 2,142
Assumed allocation of undistributed net income [1]   $ 134     $ 77     $ 384 $ 1,206
Weighted average units outstanding   484.0     484.0     484.0 484.0
Basic and diluted net income (loss) per unit [2]   $ 1.08     $ 1.19     $ 3.21 $ 5.53
Common Units [Member]                  
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                  
Net Income   $ 622 559 668 $ 774 610 1,897    
Declared distributions   392     499     $ 1,176 $ 1,496
Assumed allocation of undistributed net income [1]   132     75     376 1,181
Assumed allocation of net income   $ 524     $ 574     $ 1,552 $ 2,677
Weighted average units outstanding         484.0       484.0
Basic and diluted net income (loss) per unit   $ 1.08     $ 1.19     $ 3.21 $ 5.53
Common Units [Member] | Subsequent Event [Member]                  
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                  
Distribution Made to Limited Partner, Distributions Declared, Per Unit $ 0.810                
Common Units [Member] | Subsequent Event [Member] | Base Amount [Member]                  
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                  
Distribution Made to Limited Partner, Distributions Declared, Per Unit 0.775                
Common Units [Member] | Subsequent Event [Member] | Variable Amount [Member]                  
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                  
Distribution Made to Limited Partner, Distributions Declared, Per Unit $ 0.035                
General Partner [Member]                  
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                  
Net Income   $ 13 $ 11 $ 14 $ 17 $ 12 $ 38    
Declared distributions   10     14     $ 30 $ 43
Assumed allocation of undistributed net income [1]   3     1     8 24
Assumed allocation of net income   13     15     38 67
IDR [Member]                  
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                  
Declared distributions   99     201     297 603
Assumed allocation of undistributed net income [1]   0     0     0 0
Assumed allocation of net income   $ 99     $ 201     $ 297 $ 603
[1] Under our partnership agreement, the IDRs participate in net income only to the extent of the amount of cash distributions actually declared, thereby excluding the IDRs from participating in undistributed net income.
[2] In computing basic and diluted net income per common unit, net income is reduced by the amount of undistributed net income allocated to participating securities other than common units, as required under the two-class method. See Note 11—Net Income per Common Unit.