Net Income Per Limited Partner Unit (Tables)

9 Months Ended

Sep. 30, 2016

Partners' Capital Notes [Abstract]

Schedule of Allocation of Net Income to Arrive at Net Income Per Limited Partner Unit

The following tables show the allocation of net income attributable to the Partnership to arrive at net income per limited partner unit:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
Net income	$	58.8	$	90.6	$	193.1	$	200.4
Less:
Net income attributable to Parent	—		16.2		—		39.3
Net income attributable to noncontrolling interests	2.5		20.1		17.7		51.0
Net income attributable to the Partnership	56.3		54.3		175.4		110.1
Less:
General Partner's distribution declared	7.1		1.0		14.7		2.1
Limited Partners' distribution declared on common units	29.0		15.4		79.4		41.5
Limited Partners' distribution declared on subordinated units	17.8		13.9		50.5		38.5
Income in excess of distributions	$	2.4	$	24.0	$	30.8	$	28.0

Schedule of Basic and Diluted Net Income Per Unit

	Three Months Ended September 30, 2016
	General		Limited Partners'		Limited Partners'
	Partner		Common Units		Subordinated Units		Total
	(in millions of dollars, except per unit data)
Distributions declared	$	7.1	$	29.0	$	17.8	$	53.9
Income in excess of distributions	0.1		1.4		0.9		2.4
Net income attributable to the Partnership	$	7.2	$	30.4	$	18.7	$	56.3
Weighted average units outstanding (in millions):
Basic and diluted			109.8		67.5
Net income per Limited Partner Unit (in dollars):
Basic and diluted			$	0.28	$	0.28

	Nine Months Ended September 30, 2016
	General		Limited Partners'		Limited Partners'
	Partner		Common Units		Subordinated Units		Total
	(in millions of dollars, except per unit data)
Distributions declared	$	14.7	$	79.4	$	50.5	$	144.6
Income in excess of distributions	0.6		18.0		12.2		30.8
Net income attributable to the Partnership	$	15.3	$	97.4	$	62.7	$	175.4
Weighted average units outstanding (in millions):
Basic and diluted			99.2		67.5
Net income per Limited Partner Unit (in dollars):
Basic and diluted			$	0.98	$	0.93

	Three Months Ended September 30, 2015
	General		Limited Partners'		Limited Partners'
	Partner		Common Units		Subordinated Units		Total
	(in millions of dollars, except per unit data)
Distributions declared	$	1.0	$	15.4	$	13.9	$	30.3
Distributions in excess of income	0.5		12.4		11.1		24.0
Net income attributable to the Partnership	$	1.5	$	27.8	$	25.0	$	54.3
Weighted average units outstanding (in millions):
Basic and diluted			75.2		67.5
Net income per Limited Partner Unit (in dollars):
Basic and diluted			$	0.37	$	0.37

	Nine Months Ended September 30, 2015
	General		Limited Partners'		Limited Partners'
	Partner		Common Units		Subordinated Units		Total
	(in millions of dollars, except per unit data)
Distributions declared	$	2.1	$	41.5	$	38.5	$	82.1
Distributions in excess of income	0.6		14.5		12.9		28.0
Net income attributable to the Partnership	$	2.7	$	56.0	$	51.4	$	110.1
Weighted average units outstanding (in millions):
Basic and diluted			72.6		67.5
Net income per Limited Partner Unit (in dollars):
Basic and diluted			$	0.77	$	0.77