XML 61 R49.htm IDEA: XBRL DOCUMENT v3.20.2
Earnings Per Limited Partner Unit (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]        
Net income (loss) $ (163) $ 133 $ (14) $ 380
Net income (loss) attributable to noncontrolling interest 1 1 (6) 2
Series A Preferred Unit distributions 9 9 27 27
General partner interest in net income 0 0 0 0
Net Income (Loss) Attributable to Common Units (Note 5) $ (173) 123 $ (35) $ 351
Phantom units        
Basic weighted average number of outstanding        
Basic weighted average number of outstanding 2,000,000   2,000,000 1,000,000
Common Unit [Member]        
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]        
Net Income (Loss) Attributable to Common Units (Note 5) $ (173) 123 $ (35) $ 351
Dilutive effect of Series A Preferred Unit distributions (2) 0 0 0 0
Diluted net income $ (173) $ 123 $ (35) $ 351
Basic earnings (loss) per unit        
Basic earnings (loss) per unit $ (0.40) $ 0.28 $ (0.08) $ 0.81
Basic weighted average number of outstanding        
Basic weighted average number of outstanding 437 437 [1] 437 [1] 436 [1]
Dilutive effect of Series A Preferred Units (in units) 0 0 0 0
Diluted weighted average number of outstanding units 437 437 437 436
Diluted earnings per unit $ (0.40) $ 0.28 $ (0.08) $ 0.81
[1] Basic weighted average number of outstanding common units includes approximately two million time-based phantom units for both the three months ended September 30, 2020 and 2019, and two million and one million time-based phantom units for the nine months ended September 30, 2020 and 2019, respectively.(2)For the three and nine months ended September 30, 2020 and 2019, the issuance of “if-converted” common units attributable to the Series A Preferred Units were excluded in the calculation of diluted earnings (loss) per unit as the impact was anti-dilutive. (3)The contingent effect of performance unit awards is anti-dilutive for the three and nine months ended September 30, 2020. The dilutive effect of the performance unit awards was less than $0.01 per unit during the three and nine months ended September 30, 2019.