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Earnings Per Unit
 3 Months Ended
Mar. 31, 2020
Earnings Per Unit [Abstract]  
Earnings Per Unit
Note 12.  Earnings Per Unit

The following table presents our calculation of basic and diluted earnings per unit for the periods indicated:

 
  
For the Three Months
Ended March 31,
  
 
  
2020
    
2019
  
BASIC EARNINGS PER UNIT
            
Net income attributable to limited partners
  
$
1,350.1
    
$
1,260.5
  
Earnings allocated to phantom unit awards (1)
    
(9.9
)
    
(7.8
)
Net income available to common unitholders
  
$
1,340.2
    
$
1,252.7
  
 
                
Basic weighted-average number of common units outstanding
    
2,188.9
      
2,187.1
  
 
                
Basic earnings per unit
  
$
0.61
    
$
0.57
  
 
                
DILUTED EARNINGS PER UNIT
                
Net income attributable to limited partners
  
$
1,350.1
    
$
1,260.5
  
 
                
Diluted weighted-average number of units outstanding:
                
Distribution-bearing common units
    
2,188.9
      
2,187.1
  
Phantom units (1)
    
15.1
      
12.4
  
Total
    
2,204.0
      
2,199.5
  
 
                
Diluted earnings per unit
  
$
0.61
    
$
0.57
  

(1)
Phantom units are considered participating securities for purposes of computing basic earnings per unit. See Note 13 for information regarding our phantom units.