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Reportable Segment (Tables)
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Summarized Financial Information Table The following table presents information about the Partnership’s single operating and reportable segment including (i) total revenues and other, (ii) significant expenses, and (iii) other segment items:
Three Months Ended 
September 30,
Nine Months Ended 
September 30,
thousands2025202420252024
Revenues from external customers (1)
$952,301 $883,107 $2,811,360 $2,675,763 
Other revenues
183 255 562 957 
Total revenues and other
952,484 883,362 2,811,922 2,676,720 
Equity income, net – related parties16,847 23,977 64,410 84,227 
Less significant expenses: (2)
Operation and maintenance212,385 231,066 663,528 649,324 
Cash general and administrative costs (3)
52,320 55,111 164,033 164,187 
Less other segment items:
Depreciation and amortization170,323 166,015 512,896 487,438 
Interest expense92,353 94,149 284,816 279,177 
Other (income) expense, net (4)
(1,754)(9,565)(12,923)(16,124)
Income tax expense (benefit)
2,089 15,390 7,763 17,667 
Other (5)
92,743 59,281 240,033 (90,394)
Net income (loss)$348,872 $295,892 $1,016,186 $1,269,672 
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(1)Includes Service revenue - fee based, Service revenue - product based, and Product sales.
(2)The significant expense categories and amounts align with the information that is regularly provided to the CODM.
(3)General and administrative expense as presented in the consolidated statements of operations less non-cash equity-based compensation expense and non-cash amortization of cloud-computing arrangements.
(4)Includes interest income earned on cash and cash equivalent balances.
(5)Other includes: (i) Cost of product, (ii) Non-cash equity-based compensation expense, (iii) non-cash amortization of cloud-computing arrangements, (iv) Property and other taxes, (v) Long-lived asset and other impairments, (vi) Gain (loss) on divestiture and other, net, and (vii) Gain (loss) on early extinguishment of debt.