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Capital Accounts (Tables) | 6 Months Ended
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Jun. 30, 2021
Capital Accounts [Abstract] |
Summary of Changes in Outstanding Units | The following table summarizes changes in the number of our common units outstanding since December 31, 2020:
Common units outstanding at December 31, 2020 |  |  | 2,182,308,958 |
Common unit repurchases under 2019 Buyback Program |  |  | (709,816 | )
Common units issued in connection with the vesting of phantom unit awards, net |  |  | 3,553,313 |
Other |  |  | 26,148 |
Common units outstanding at March 31, 2021 |  |  | 2,185,178,603 |
Common units issued in connection with the vesting of phantom unit awards, net |  |  | 203,066 |
Common units outstanding at June 30, 2021 |  |  | 2,185,381,669 |
The following table summarizes changes in the number of our Series A Cumulative Convertible Preferred Units (“preferred units”) outstanding since December 31, 2020:
Preferred units outstanding at December 31, 2020 |  |  | 50,138 |
Paid in-kind distribution to related party |  |  | 274 |
Preferred units outstanding at March 31, 2021 and June 30, 2021 |  |  | 50,412 |
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 (Loss), December 31, 2020 |  | $ | (93.2 | ) |  | $ | (74.3 | ) |  | $ | 2.3 |  |  | $ | (165.2 | )
Other comprehensive income (loss) for period, before reclassifications |  |  | (751.6 | ) |  |  | 182.9 |  |  |  | (0.3 | ) |  |  | (569.0 | )
Reclassification of losses to net income during period |  |  | 516.7 |  |  |  | 18.8 |  |  |  | – |  |  |  | 535.5 |
Total other comprehensive income (loss) for period |  |  | (234.9 | ) |  |  | 201.7 |  |  |  | (0.3 | ) |  |  | (33.5 | )
Accumulated Other Comprehensive Income (Loss), June 30, 2021 |  | $ | (328.1 | ) |  | $ | 127.4 |  |  | $ | 2.0 |  |  | $ | (198.7 | )
|  | 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 |  |  |  | (270.3 | ) |  |  | (0.1 | ) |  |  | 126.5 |
Reclassification of losses (gains) to net income during period |  |  | (364.3 | ) |  |  | 19.3 |  |  |  | – |  |  |  | (345.0 | )
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 | )
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 |  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Interest rate derivatives | Interest expense |  | $ | 10.2 |  |  | $ | 9.7 |  |  | $ | 18.8 |  |  | $ | 19.3 |
Commodity derivatives | Revenue |  |  | (99.3 | ) |  |  | (209.8 | ) |  |  | 498.1 |  |  |  | (364.2 | )
Commodity derivatives | Operating costs and expenses |  |  | (0.1 | ) |  |  | 1.1 |  |  |  | 18.6 |  |  |  | (0.1 | )
Total |  |  | $ | (89.2 | ) |  | $ | (199.0 | ) |  | $ | 535.5 |  |  | $ | (345.0 | )

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