Earnings Per Limited Partner Unit (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Summary of Weighted-Average Units Excluded and Basic and Diluted Limited Partner Units

The following table summarizes information regarding the weighted-average of common units excluded during the three and nine months ended September 30, 2021 and 2020 (in millions):

	Three Months Ended		Nine Months Ended
	September 30,		September 30,
	2021	2020	2021	2020
Preferred units (1)	7.1	7.1	7.1	7.1
Crestwood Niobrara’s preferred units(1)	3.9	8.7	3.9	8.7
Unit-based compensation performance units(1)	0.2	0.2	0.1	0.3
Subordinated units(1)(2)	—	0.4	0.1	0.4

(1)For additional information regarding the potential conversion/redemption of our preferred units and Crestwood Niobrara’s preferred units to CEQP common units, and of our performance units and subordinated units, see our 2020 Annual Report on Form 10-K.

(2)In conjunction with the Crestwood Holdings Transactions, in March 2021, CEQP retired the subordinated units. For additional information regarding the retirement of the subordinated units, see Note 1 and Note 11.