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UNAUDITED CONDENSED STATEMENTS OF CONSOLIDATED OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Third parties $ 6,914.5 $ 7,948.5 $ 20,126.3 $ 24,730.2
Related parties 7.5 15.6 29.2 53.7
Total revenues 6,922.0 7,964.1 20,155.5 24,783.9
Operating costs and expenses:        
Third parties 5,288.2 6,217.6 15,087.4 19,342.4
Related parties 283.0 356.1 914.5 1,051.9
Total operating costs and expenses 5,571.2 6,573.7 16,001.9 20,394.3
General and administrative costs:        
Third parties 16.3 19.1 63.1 60.9
Related parties 34.0 36.4 99.7 99.3
Total general and administrative costs 50.3 55.5 162.8 160.2
Total costs and expenses 5,621.5 6,629.2 16,164.7 20,554.5
Equity in income of unconsolidated affiliates 82.0 139.3 336.1 431.3
Operating income 1,382.5 1,474.2 4,326.9 4,660.7
Other income (expense):        
Interest expense (320.5) (382.9) (958.2) (950.2)
Change in fair market value of Liquidity Option 0.0 (38.7) (2.3) (123.1)
Interest income 2.2 6.9 12.3 8.9
Other, net 0.7 0.7 2.5 2.8
Total other expense, net (317.6) (414.0) (945.7) (1,061.6)
Income before income taxes 1,064.9 1,060.2 3,381.2 3,599.1
Benefit from (provision for) income taxes 19.1 (15.4) 138.6 (37.4)
Net income 1,084.0 1,044.8 3,519.8 3,561.7
Net income attributable to noncontrolling interests (31.4) (25.6) (82.4) (67.3)
Net income attributable to preferred units 0.0 [1] 0.0 0.0 [1] 0.0
Net income attributable to common unitholders $ 1,052.6 $ 1,019.2 $ 3,437.4 $ 3,494.4
Earnings per unit:        
Basic earnings per common unit (in dollars per unit) $ 0.48 $ 0.46 $ 1.56 $ 1.59
Diluted earnings per common unit (in dollars per unit) $ 0.48 $ 0.46 $ 1.56 $ 1.59
[1] * Amount is negligible