Cash Distributions and Net Income per Unit (Tables)

9 Months Ended

Sep. 30, 2017

Partners' Capital Notes [Abstract]

Distributions Made to Limited Partner, by Distribution

The following table provides a reconciliation of net income and the assumed allocation of net income to the common units for purposes of computing net income per unit for the three months ended September 30, 2017 (in millions, except per unit data):

	Total		Common Units		General Partner  and IDRs
Net income	$	69.8
Declared distribution	25.5		$	25.0	$	0.5
Assumed allocation of undistributed net loss	44.3		43.4		0.9
Assumed allocation of net income attributable to limited partner unitholders and general partner	$	69.8	$	68.4	$	1.4
Weighted-average units outstanding			250.3
Net income per unit			$	0.27

The following table provides a reconciliation of net income and the assumed allocation of net income to the common units for purposes of computing net income per unit for the three months ended September 30, 2016 (in millions, except per unit data):

	Total		Common Units		General Partner  and IDRs
Net income	$	47.3
Declared distribution	25.5		$	25.0	$	0.5
Assumed allocation of undistributed net income	21.8		21.4		0.4
Assumed allocation of net income attributable to limited partner unitholders and general partner	$	47.3	$	46.4	$	0.9
Weighted-average units outstanding			250.3
Net income per unit			$	0.19

The following table provides a reconciliation of net income and the assumed allocation of net income to the common units for purposes of computing net income per unit for the nine months ended September 30, 2017 (in millions, except per unit data):

	Total		Common Units		General Partner  and IDRs
Net income	$	212.8
Declared distribution	76.6		$	75.1	$	1.5
Assumed allocation of undistributed net income	136.2		133.5		2.7
Assumed allocation of net income attributable to limited partner unitholders and general partner	$	212.8	$	208.6	$	4.2
Weighted-average units outstanding			250.3
Net income per unit			$	0.83

The following table provides a reconciliation of net income and the assumed allocation of net income to the common units for purposes of computing net income per unit for the nine months ended September 30, 2016 (in millions, except per unit data):

	Total		Common Units		General Partner  and IDRs
Net income	$	214.0
Declared distribution	76.6		$	75.1	$	1.5
Assumed allocation of undistributed net income	137.4		134.7		2.7
Assumed allocation of net income attributable to limited partner unitholders and general partner	$	214.0	$	209.8	$	4.2
Weighted-average units outstanding			250.3
Net income per unit			$	0.84