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UNAUDITED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenue    
Revenue from contract with customer $ 107.0 $ 117.0
Lease revenue – related parties   14.0
Lease revenue – related parties 14.0  
Total revenue 121.0 131.0
Costs and expenses    
Operations and maintenance – third parties 14.0 13.0
Operations and maintenance – related parties 14.0 14.0
Cost of product sold 15.0 9.0
Loss from revision of asset retirement obligation 0.0 2.0
General and administrative – third parties 3.0 1.0
General and administrative – related parties 12.0 11.0
Depreciation, amortization and accretion 13.0 12.0
Property and other taxes 5.0 4.0
Total costs and expenses 76.0 66.0
Operating income 45.0 65.0
Income from equity method investments 112.0 70.0
Dividend income from other investments 0.0 14.0
Other income 9.0 8.0
Investment, dividend and other income 121.0 92.0
Interest expense, net 24.0 20.0
Income before income taxes 142.0 137.0
Income tax expense 0.0 0.0
Net income 142.0 137.0
Less: Net income attributable to noncontrolling interests 4.0 5.0
Net income attributable to the Partnership 138.0 132.0
Limited Partners’ interest in net income attributable to the Partnership $ 83.0 $ 105.0
Net income per Limited Partner Unit - Basic and Diluted:    
Distributions per Limited Partner unit (in dollars per share) $ 0.460 $ 0.4150
Shell Pipeline Company L P    
Costs and expenses    
General partner’s interest in net income attributable to the Partnership $ 55.0 $ 27.0
Common    
Costs and expenses    
Net income attributable to the Partnership $ 83.0 $ 105.0
Net income per Limited Partner Unit - Basic and Diluted:    
Net income per Limited Partner unit (in dollars per share) $ 0.36 $ 0.47
Common units – public    
Costs and expenses    
Net income $ 44.0 $ 58.0
Weighted average Limited Partner Units outstanding - Basic and Diluted:    
Weighted average Limited Partner units outstanding - Common (in shares) 123.8 123.8
Common units – public | Shell Pipeline Company L P    
Costs and expenses    
Net income $ 39.0 $ 47.0
Common units – SPLC | Shell Pipeline Company L P    
Weighted average Limited Partner Units outstanding - Basic and Diluted:    
Weighted average Limited Partner units outstanding - Common (in shares) 109.5 100.0
Third Parties | Transportation, Terminaling and Storage Services    
Revenue    
Revenue from contract with customer $ 31.0 $ 42.0
Third Parties | Product Revenue    
Revenue    
Revenue from contract with customer 0.0 1.0
Related Parties | Transportation, Terminaling and Storage Services    
Revenue    
Revenue from contract with customer 69.0 64.0
Related Parties | Product Revenue    
Revenue    
Revenue from contract with customer $ 7.0 $ 10.0