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STATEMENTS OF CONSOLIDATED OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Third parties $ 32,721.9 $ 36,426.5 $ 29,196.5
Related parties 67.3 107.7 45.0
Total revenues 32,789.2 [1] 36,534.2 [1] 29,241.5 [2]
Operating costs and expenses:      
Third parties 25,649.8 29,991.2 24,444.7
Related parties 1,412.0 1,406.1 1,112.8
Total operating costs and expenses 27,061.8 31,397.3 25,557.5
General and administrative costs:      
Third parties 75.3 77.4 59.6
Related parties 136.4 130.9 121.5
Total general and administrative costs 211.7 208.3 181.1
Total costs and expenses 27,273.5 31,605.6 25,738.6
Equity in income of unconsolidated affiliates 563.0 480.0 426.0
Operating income 6,078.7 5,408.6 3,928.9
Other income (expense):      
Interest expense (1,243.0) (1,096.7) (984.6)
Change in fair market value of Liquidity Option (119.6) (56.1) (64.3)
Gain on step acquisition of unconsolidated affiliate 0.0 39.4 0.0
Interest income 11.6 3.6 1.3
Other, net 5.0 0.0 0.0
Total other expense, net (1,346.0) (1,109.8) (1,047.6)
Income before income taxes 4,732.7 4,298.8 2,881.3
Provision for income taxes (45.6) (60.3) (25.7)
Net income 4,687.1 4,238.5 2,855.6
Net income attributable to noncontrolling interests (95.8) (66.1) (56.3)
Net income attributable to limited partners $ 4,591.3 $ 4,172.4 $ 2,799.3
Earnings per unit:      
Basic earnings per unit (in dollars per unit) $ 2.09 $ 1.91 $ 1.30
Diluted earnings per unit (in dollars per unit) $ 2.09 $ 1.91 $ 1.30
[1] Revenues are accounted for under ASC 606.
[2] Revenues are accounted for under ASC 605.