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UNAUDITED CONDENSED STATEMENTS OF CONSOLIDATED OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues:        
Third parties $ 9,571.7 $ 6,874.4 $ 27,257.4 $ 20,781.7
Related parties 14.2 12.5 94.5 33.2
Total revenues 9,585.9 [1] 6,886.9 [2] 27,351.9 [1] 20,814.9 [2]
Operating costs and expenses:        
Third parties 7,643.4 5,773.8 22,722.0 17,313.0
Related parties 358.5 306.0 1,054.6 830.2
Total operating costs and expenses 8,001.9 6,079.8 23,776.6 18,143.2
General and administrative costs:        
Third parties 15.3 11.0 57.5 47.7
Related parties 37.4 30.3 99.6 89.7
Total general and administrative costs 52.7 41.3 157.1 137.4
Total costs and expenses 8,054.6 6,121.1 23,933.7 18,280.6
Equity in income of unconsolidated affiliates 112.0 113.4 350.0 315.2
Operating income 1,643.3 879.2 3,768.2 2,849.5
Other income (expense):        
Interest expense (279.5) (243.9) (806.2) (739.0)
Change in fair market value of Liquidity Option Agreement (18.5) (8.9) (34.9) (33.0)
Gain on step acquisition of unconsolidated affiliate 0.0 0.0 39.4 0.0
Other, net 0.3 0.3 1.3 0.9
Total other expense, net (297.7) (252.5) (800.4) (771.1)
Income before income taxes 1,345.6 626.7 2,967.8 2,078.4
Provision for income taxes (11.0) (5.4) (34.5) (20.1)
Net income 1,334.6 621.3 2,933.3 2,058.3
Net income attributable to noncontrolling interests (21.4) (10.4) (45.6) (33.0)
Net income attributable to limited partners $ 1,313.2 $ 610.9 $ 2,887.7 $ 2,025.3
Earnings per unit:        
Basic earnings per unit (in dollars per unit) $ 0.60 $ 0.28 $ 1.32 $ 0.94
Diluted earnings per unit (in dollars per unit) $ 0.60 $ 0.28 $ 1.32 $ 0.94
[1] Revenues are accounted for under ASC 606 upon implementation at January 1, 2018.
[2] Revenues are accounted for under ASC 605 for historical periods prior to January 1, 2018.