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Consolidated Statements of Changes in Partnership Capital Subject to Mandatory Redemption (Unaudited) - USD ($)
$ in Millions
Total
Limited Partnership Capital [Member]
Subordinated Limited Partnership Capital [Member]
General Partnership Capital [Member]
TOTAL PARTNERSHIP CAPITAL SUBJECT TO MANDATORY REDEMPTION at Dec. 31, 2020 $ 3,589 $ 1,362 $ 594 $ 1,633
Reserve for anticipated withdrawals at Dec. 31, 2020 (514) (125) (56) (333)
Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals at Dec. 31, 2020 3,075 1,237 538 1,300
Partnership loans outstanding at beginning of year at Dec. 31, 2020 341 0 1 340
Total partnership capital, including capital financed with partnership loans, net of reserve for anticipated withdrawals at Dec. 31, 2020 3,416 1,237 539 1,640
Issuance of partnership interests 274 3 60 211
Redemption of partnership interests (71) (5) (16) (50)
Income allocated to partners 380 49 46 285
Distributions (3) 0 0 (3)
Total partnership capital, including capital financed with partnership loans at Mar. 26, 2021 3,996 1,284 629 2,083
Issuance of partnership interests 11 2 0 9
Redemption of partnership interests (13) (5) 0 (8)
Income allocated to partners 443 58 52 333
Distributions (489) (10) (82) (397)
Total partnership capital, including capital financed with partnership loans at Jun. 25, 2021 3,948 1,329 599 2,020
Partnership loans outstanding at end of period at Jun. 25, 2021 395 0 0 395
TOTAL PARTNERSHIP CAPITAL SUBJECT TO MANDATORY REDEMPTION at Jun. 25, 2021 3,553 1,329 599 1,625
Reserve for anticipated withdrawals at Jun. 25, 2021 (246) (97) (16) (133)
Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals at Jun. 25, 2021 3,307 1,232 583 1,492
TOTAL PARTNERSHIP CAPITAL SUBJECT TO MANDATORY REDEMPTION at Dec. 31, 2021 3,755 1,361 640 1,754
Reserve for anticipated withdrawals at Dec. 31, 2021 (520) (136) (59) (325)
Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals at Dec. 31, 2021 3,235 1,225 581 1,429
Partnership loans outstanding at beginning of year at Dec. 31, 2021 321 0 0 321
Total partnership capital, including capital financed with partnership loans, net of reserve for anticipated withdrawals at Dec. 31, 2021 3,556 1,225 581 1,750
Issuance of partnership interests 320 4 52 264
Redemption of partnership interests (60) (5) (17) (38)
Income allocated to partners 361 43 43 275
Distributions (13) (1) 0 (12)
Total partnership capital, including capital financed with partnership loans at Mar. 25, 2022 4,164 1,266 659 2,239
Issuance of partnership interests 8 0 0 8
Redemption of partnership interests (19) (3) (1) (15)
Income allocated to partners 355 42 41 272
Distributions (427) (9) (71) (347)
Total partnership capital, including capital financed with partnership loans at Jun. 24, 2022 4,081 1,296 628 2,157
Partnership loans outstanding at end of period at Jun. 24, 2022 400 0 0 400
TOTAL PARTNERSHIP CAPITAL SUBJECT TO MANDATORY REDEMPTION at Jun. 24, 2022 3,681 1,296 628 1,757
Reserve for anticipated withdrawals at Jun. 24, 2022 (200) (75) (13) (112)
Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals at Jun. 24, 2022 $ 3,481 $ 1,221 $ 615 $ 1,645