Members' Equity (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings per Limited Partner Unit

The following table reflects the computation of basic and diluted earnings per unit for the periods presented (in millions, except per unit amounts):

	Three Months Ended March 31,
	2022		2021
Distributed earnings allocated to:
Common units (1)	$	54.4	$	45.9
Unvested restricted units (1)	1.1		1.1
Total distributed earnings	$	55.5	$	47.0
Undistributed loss allocated to:
Common units	$	(19.9)	$	(58.3)
Unvested restricted units	(0.4)		(1.4)
Total undistributed loss	$	(20.3)	$	(59.7)
Net income (loss) attributable to ENLC allocated to:
Common units	$	34.5	$	(12.4)
Unvested restricted units	0.7		(0.3)
Total net income (loss) attributable to ENLC	$	35.2	$	(12.7)
Net income (loss) attributable to ENLC per unit:
Basic	$	0.07	$	(0.03)
Diluted	$	0.07	$	(0.03)

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(1)Represents distribution activity consistent with the distribution activity table below.

The following are the unit amounts used to compute the basic and diluted earnings per unit for the periods presented (in millions):

	Three Months Ended March 31,
	2022	2021
Basic weighted average units outstanding:
Weighted average common units outstanding	484.0	490.0
Diluted weighted average units outstanding:
Weighted average basic common units outstanding	484.0	490.0
Dilutive effect of non-vested restricted units (1)	6.6	—
Total weighted average diluted common units outstanding	490.6	490.0

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(1)All common unit equivalents were antidilutive for the three months ended March 31, 2021, since a net loss existed for that period.

Summary of Distribution Activity

A summary of our distribution activity related to the ENLC common units for the three months ended March 31, 2022 and 2021, respectively, is provided below:

Declaration period	Distribution/unit		Date paid/payable
2022
Fourth Quarter of 2021	$	0.11250	February 11, 2022
First Quarter of 2022	$	0.11250	May 13, 2022
2021
Fourth Quarter of 2020	$	0.09375	February 12, 2021
First Quarter of 2021	$	0.09375	May 14, 2021