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Consolidated Statements of Changes in Members' Equity - USD ($)
$ in Millions
Total
Series B Preferred Units
Series C Preferred Units
Common Units
Accumulated Other Comprehensive Loss
Non-Controlling Interest
Non-Controlling Interest
Series B Preferred Units
Non-Controlling Interest
Series C Preferred Units
Redeemable Non-controlling interest (Temporary Equity)
Member equity, beginning balance at Dec. 31, 2019 $ 3,806.1     $ 2,135.5 $ (11.0) $ 1,681.6      
Units outstanding, beginning balance (in shares) at Dec. 31, 2019       487,800,000          
Increase (Decrease) in Members' Equity                  
Conversion of unit-based awards for common units, net of units withheld for taxes (4.7)     $ (4.7)          
Conversion of unit-based awards for common units, net of units withheld for taxes (in shares)       2,000,000.0          
Unit-based compensation 33.0     $ 33.0          
Contributions from non-controlling interests 52.6         52.6      
Distributions (353.3)     (232.7)   (120.6)     $ (0.6)
Unrealized gain (loss) on designated cash flow hedge [1] (4.3) [2]       (4.3)        
Fair value adjustment related to redeemable non-controlling interest 0.4               (0.6)
Redemption and repurchase of preferred units                 (4.0)
Common units repurchased $ (1.2)     $ (1.2)          
Common units repurchased (in shares) (383,614)     (400,000)          
Net income (loss) $ (315.6)     $ (421.5)   105.9      
Member equity, end balance at Dec. 31, 2020 3,213.0     $ 1,508.8 (15.3) 1,719.5      
Units outstanding, end balance (in shares) at Dec. 31, 2020       489,400,000          
Redeemable noncontrolling interest, beginning balance at Dec. 31, 2019                 5.2
Increase (Decrease) in Temporary Equity                  
Distributions (353.3)     $ (232.7)   (120.6)     (0.6)
Fair value adjustment related to redeemable non-controlling interest 0.4               (0.6)
Redemption and repurchase of preferred units                 (4.0)
Redeemable noncontrolling interest, ending balance at Dec. 31, 2020                 0.0
Increase (Decrease) in Members' Equity                  
Conversion of unit-based awards for common units, net of units withheld for taxes (2.0)     $ (2.0)          
Conversion of unit-based awards for common units, net of units withheld for taxes (in shares)       1,000,000.0          
Unit-based compensation 23.6     $ 23.6          
Contributions from non-controlling interests 3.2         3.2      
Distributions (317.4)     (186.8)   (130.6)     (0.2)
Unrealized gain (loss) on designated cash flow hedge [3] 13.9 [2]       13.9        
Fair value adjustment related to redeemable non-controlling interest (0.1)               0.2
Redemption and repurchase of preferred units (50.0)         (50.0)      
Common units repurchased $ (40.1)     $ (40.1)          
Common units repurchased (in shares) (6,091,001)     (6,100,000)          
Net income (loss) $ 142.9     $ 22.4   120.5      
Member equity, end balance at Dec. 31, 2021 $ 2,987.0     $ 1,325.8 (1.4) 1,662.6      
Units outstanding, end balance (in shares) at Dec. 31, 2021 484,277,258     484,300,000          
Increase (Decrease) in Temporary Equity                  
Distributions $ (317.4)     $ (186.8)   (130.6)     (0.2)
Fair value adjustment related to redeemable non-controlling interest (0.1)               0.2
Redemption and repurchase of preferred units (50.0)         (50.0)      
Redeemable noncontrolling interest, ending balance at Dec. 31, 2021                 $ 0.0
Increase (Decrease) in Members' Equity                  
Conversion of unit-based awards for common units, net of units withheld for taxes (16.1)     $ (16.1)          
Conversion of unit-based awards for common units, net of units withheld for taxes (in shares)       3,100,000          
Unit-based compensation 31.8     $ 31.8          
Contributions from non-controlling interests 32.9         32.9      
Distributions (384.3)     (221.4)   (162.9)      
Unrealized gain (loss) on designated cash flow hedge [4] 1.4 [2]       1.4        
Redemption and repurchase of preferred units   $ (50.5) $ (15.2)       $ (50.5) $ (15.2)  
Common units repurchased $ (175.0)     $ (175.0)          
Common units repurchased (in shares) (18,374,054)     (18,400,000)          
Net income (loss) $ 500.7     $ 361.3   139.4      
Member equity, end balance at Dec. 31, 2022 $ 2,912.7     $ 1,306.4 $ 0.0 1,606.3      
Units outstanding, end balance (in shares) at Dec. 31, 2022 468,980,630     469,000,000.0          
Increase (Decrease) in Temporary Equity                  
Distributions $ (384.3)     $ (221.4)   $ (162.9)      
Redemption and repurchase of preferred units   $ (50.5) $ (15.2)       $ (50.5) $ (15.2)  
[1] Includes a tax benefit of $1.3 million.
[2] Includes tax expense of $0.5 million and $4.3 million for the years ended December 31, 2022 and 2021, respectively, and a tax benefit of $1.3 million for the year ended December 31, 2020.
[3] Includes a tax expense of $4.3 million.
[4] Includes a tax expense of $0.5 million.