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Capital Accounts (Tables)
6 Months Ended
Jun. 30, 2024
Capital Accounts [Abstract]  
Summary of Changes in Outstanding Common Units
The following table summarizes changes in the number of our common units outstanding since December 31, 2023:

Common units outstanding at December 31, 2023
   
2,168,245,238
 
Common unit repurchases under 2019 Buyback Program
   
(1,386,835
)
Common units issued in connection with the vesting of phantom unit awards, net
   
4,679,377
 
Other
   
20,574
 
Common units outstanding at March 31, 2024
   
2,171,558,354
 
Common unit repurchases under 2019 Buyback Program
   
(1,419,581
)
Common units issued in connection with the vesting of phantom unit awards, net
   
162,867
 
Common units outstanding at June 30, 2024
   
2,170,301,640
 
Summary of Changes in Outstanding Preferred Units
The following table summarizes changes in the number of our Series A Cumulative Convertible Preferred Units (“preferred units”) outstanding since December 31, 2023.

Preferred units outstanding at December 31, 2023 and March 31, 2024
   
50,412
 
Paid in-kind distribution to third party
   
90
 
Preferred units outstanding at June 30, 2024
   
50,502
 
Components of Accumulated Other Comprehensive Income (Loss)
The following tables present the components of accumulated other comprehensive income (loss) as reported on our Unaudited Condensed Consolidated Balance Sheets at the dates indicated:

 
 
Cash Flow Hedges
             
 
 
Commodity
Derivative
Instruments
   
Interest Rate
Derivative
Instruments
   
Other
   
Total
 
Accumulated Other Comprehensive Income (Loss), December 31, 2023
 
$
154
   
$
151
   
$
2
   
$
307
 
Other comprehensive income (loss) for period, before reclassifications
   
(83
)
   
2
     
     
(81
)
Reclassification of losses (gains) to net income during period
   
(47
)
   
(3
)
   
     
(50
)
Total other comprehensive income (loss) for period
   
(130
)
   
(1
)
   
     
(131
)
Accumulated Other Comprehensive Income (Loss), June 30, 2024
 
$
24
   
$
150
   
$
2
   
$
176
 

   
Cash Flow Hedges
             
 
 
Commodity
Derivative
Instruments
   
Interest Rate
Derivative
Instruments
   
Other
   
Total
 
Accumulated Other Comprehensive Income (Loss), December 31, 2022
 
$
171
   
$
192
   
$
2
   
$
365
 
Other comprehensive income (loss) for period, before reclassifications
   
(43
)
   
(5
)
   
     
(48
)
Reclassification of losses (gains) to net income during period
   
(48
)
   
(1
)
   
     
(49
)
Total other comprehensive income (loss) for period
   
(91
)
   
(6
)
   
     
(97
)
Accumulated Other Comprehensive Income (Loss), June 30, 2023
 
$
80
   
$
186
   
$
2
   
$
268
 
Reclassification out of Accumulated Other Comprehensive Income (Loss)
The following table presents reclassifications of losses (gains) out of accumulated other comprehensive income into net income during the periods indicated:

 
 
For the Three Months
Ended June 30,
   
For the Six Months
Ended June 30,
 
Losses (gains) on cash flow hedges:
Location
 
2024
   
2023
   
2024
   
2023
 
Interest rate derivatives
Interest expense
 
$
(1
)
 
$
(3
)
 
$
(3
)
 
$
(1
)
Commodity derivatives
Revenue
   
(61
)
   
(27
)
   
(80
)
   
(51
)
Commodity derivatives
Operating costs and expenses
   
16
     
11
     
33
     
3
 
Total
 
 
$
(46
)
 
$
(19
)
 
$
(50
)
 
$
(49
)