Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) per Common Unit (Details)

v3.23.3
Net Income (Loss) per Common Unit (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Oct. 27, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                  
Net Income (Loss)   $ 791 $ 622 $ 1,935 $ (514) $ 342 $ 159 $ 3,348 $ (13)
Declared distributions   714     753     2,142 2,229
Assumed allocation of undistributed net income (loss) [1]   $ 77     $ (1,267)     $ 1,206 $ (2,242)
Weighted average units outstanding   484.0     484.0     484.0 484.0
Basic and diluted net income (loss) per unit [2]   $ 1.19     $ (1.49)     $ 5.53 $ (1.36)
Common Units [Member]                  
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                  
Net Income (Loss)   $ 774 610 1,897 $ (503) 335 157    
Declared distributions   499     518     $ 1,496 $ 1,539
Assumed allocation of undistributed net income (loss) [1]   75     (1,242)     1,181 (2,197)
Assumed allocation of net income   $ 574     $ (724)     $ 2,677 $ (658)
Weighted average units outstanding   484.0     484.0     484.0 484.0
Basic and diluted net income (loss) per unit   $ 1.19     $ (1.49) [3]     $ 5.53 $ (1.36)
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 $ 1.03                
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 $ 0.255                
General Partner [Member]                  
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                  
Net Income (Loss)   $ 17 $ 12 $ 38 $ (11) $ 7 $ 2    
Declared distributions   14     15     $ 43 $ 45
Assumed allocation of undistributed net income (loss) [1]   1     (25)     24 (45)
Assumed allocation of net income   15     (10)     67 0
IDR [Member]                  
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]                  
Declared distributions   201     220     603 645
Assumed allocation of undistributed net income (loss) [1]   0     0     0 0
Assumed allocation of net income   $ 201     $ 220     $ 603 $ 645
[1] Under our partnership agreement, the IDRs participate in net income (loss) only to the extent of the amount of cash distributions actually declared, thereby excluding the IDRs from participating in undistributed net income (loss).
[2] In computing basic and diluted net income (loss) per common unit, net income (loss) is reduced by the amount of undistributed net income (loss) allocated to participating securities other than common units, as required under the two-class method. See Note 12—Net Income (Loss) per Common Unit.
[3] Basic and diluted net income (loss) per unit in the table may not recalculate exactly due to rounding because it is calculated based on whole numbers, not the rounded numbers presented.