XML 45 R34.htm IDEA: XBRL DOCUMENT
v3.20.2

Equity and Distributions (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Equity and Distributions [Abstract] |
Summary of Changes in Outstanding Units | The following table summarizes changes in the number of our limited partner common units outstanding and treasury units since December 31, 2019:
|  | Limited Partner Common Units Outstanding |  |  | Treasury Units |
Units outstanding at December 31, 2019 |  |  | 2,189,226,130 |  |  |  | – |
Common units issued in connection with settlement of Liquidity Option |  |  | 54,807,352 |  |  |  | – |
Treasury units acquired in connection with settlement of Liquidity Option |  |  | (54,807,352 | ) |  |  | 54,807,352 |
Common unit repurchases under 2019 Buyback Program |  |  | (6,357,739 | ) |  |  | – |
Common units issued in connection with the vesting of phantom unit awards, net |  |  | 2,912,214 |  |  |  | – |
Other |  |  | 19,638 |  |  |  | – |
Units outstanding at March 31, 2020 |  |  | 2,185,800,243 |  |  |  | 54,807,352 |
Common units issued in connection with the vesting of phantom unit awards, net |  |  | 96,190 |  |  |  | – |
Units outstanding at June 30, 2020 |  |  | 2,185,896,433 |  |  |  | 54,807,352 |
Components of Accumulated Other Comprehensive Income (Loss) | The following tables present the components of accumulated other comprehensive income (loss) as reported on our Unaudited Condensed Consolidated Balance Sheets at the dates indicated:
|  | Cash Flow Hedges |  |  |  |  |  |  |
|  | Commodity Derivative Instruments |  |  | Interest Rate Derivative Instruments |  |  | Other |  |  | Total |
Accumulated Other Comprehensive Income, December 31, 2019 |  | $ | 55.1 |  |  | $ | 13.9 |  |  | $ | 2.4 |  |  | $ | 71.4 |
Other comprehensive income (loss) for period, before reclassifications |  |  | 396.9 |  |  |  | (284.2 | ) |  |  | (0.1 | ) |  |  | 112.6 |
Reclassification of losses (gains) to net income during period |  |  | (364.3 | ) |  |  | 33.2 |  |  |  | – |  |  |  | (331.1 | )
Total other comprehensive income (loss) for period |  |  | 32.6 |  |  |  | (251.0 | ) |  |  | (0.1 | ) |  |  | (218.5 | )
Accumulated Other Comprehensive Income (Loss), June 30, 2020 |  | $ | 87.7 |  |  | $ | (237.1 | ) |  | $ | 2.3 |  |  | $ | (147.1 | )
|  | Cash Flow Hedges |  |  |  |  |  |  |
|  | Commodity Derivative Instruments |  |  | Interest Rate Derivative Instruments |  |  | Other |  |  | Total |
Accumulated Other Comprehensive Income (Loss), December 31, 2018 |  | $ | 152.7 |  |  | $ | (104.8 | ) |  | $ | 3.0 |  |  | $ | 50.9 |
Other comprehensive income (loss) for period, before reclassifications |  |  | (13.7 | ) |  |  | (5.2 | ) |  |  | (0.6 | ) |  |  | (19.5 | )
Reclassification of losses (gains) to net income during period |  |  | (60.5 | ) |  |  | 18.4 |  |  |  | – |  |  |  | (42.1 | )
Total other comprehensive income (loss) for period |  |  | (74.2 | ) |  |  | 13.2 |  |  |  | (0.6 | ) |  |  | (61.6 | )
Accumulated Other Comprehensive Income (Loss), June 30, 2019 |  | $ | 78.5 |  |  | $ | (91.6 | ) |  | $ | 2.4 |  |  | $ | (10.7 | )
Reclassification out of Accumulated Other Comprehensive Income (Loss) | The following table presents reclassifications of (income) loss out of accumulated other comprehensive income into net income during the periods indicated:
|  |  | For the Three Months Ended June 30, |  |  | For the Six Months Ended June 30, |
Losses (gains) on cash flow hedges: | Location |  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Interest rate derivatives | Interest expense |  | $ | 9.7 |  |  | $ | 9.2 |  |  | $ | 33.2 |  |  | $ | 18.4 |
Commodity derivatives | Revenue |  |  | (209.8 | ) |  |  | (2.5 | ) |  |  | (364.2 | ) |  |  | (67.8 | )
Commodity derivatives | Operating costs and expenses |  |  | 1.1 |  |  |  | 0.3 |  |  |  | (0.1 | ) |  |  | 7.3 |
Total |  |  | $ | (199.0 | ) |  | $ | 7.0 |  |  | $ | (331.1 | ) |  | $ | (42.1 | )

X
- References No definition available. + Details
Name: | us-gaap_PartnersCapitalIncludingPortionAttributableToNoncontrollingInterestAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in common stock outstanding. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCommonStockOutstandingRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration