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Equity-Based Awards (Tables) | 12 Months Ended
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Dec. 31, 2025
Share-Based Payment Arrangement [Abstract] |
Schedule of Equity-Based Award Compensation Expense | The following table summarizes compensation expense we recognized in connection with equity-based awards for the years indicated:
|  |  | For the Year Ended December 31,
|  |  |  |  | 2025 |  | 2024 |  | 2023
Equity-classified awards: |  |  |  |  |  |  |  |  |
Phantom unit awards |  |  |  |  | $ | 197 |  |  | $ | 178 |  |  | $ | 166 |
Profits interest awards |  |  |  |  | – |  |  | 10 |  |  | 6 |
Total |  |  |  |  | $ | 197 |  |  | $ | 188 |  |  | $ | 172 |
Schedule of Phantom Unit Award Activity | The following table presents phantom unit award activity for the years indicated:
| Number of Units |  | Weighted- Average Grant Date Fair Value per Unit (1)
Phantom unit awards at December 31, 2022 | 17,982,945 |  | $ | 23.94 |
Granted (2) | 8,904,445 |  | $ | 25.80 |
Vested | (6,786,085) |  | $ | 24.81 |
Forfeited | (544,054) |  | $ | 24.52 |
Phantom unit awards at December 31, 2023 | 19,557,251 |  | $ | 24.47 |
Granted (3) | 8,881,820 |  | $ | 26.25 |
Vested | (7,304,071) |  | $ | 24.51 |
Forfeited | (542,749) |  | $ | 25.39 |
Phantom unit awards at December 31, 2024 | 20,592,251 |  | $ | 25.21 |
Granted (4) | 8,370,315 |  | $ | 33.08 |
Vested | (7,815,940) |  | $ | 24.46 |
Forfeited | (564,660) |  | $ | 28.44 |
Phantom unit awards at December 31, 2025 | 20,581,966 |  | $ | 28.60 |
(1)Determined by dividing the aggregate grant date fair value of awards (before an allowance for forfeitures) by the number of awards issued. (2)The aggregate grant date fair value of phantom unit awards issued during 2023 was $230 million based on a grant date market price of the Partnership’s common units ranging from $25.80 to $26.70 per unit. An estimated annual forfeiture rate of 2.0% was applied to these awards. (3)The aggregate grant date fair value of phantom unit awards issued during 2024 was $233 million based on a grant date market price of the Partnership’s common units ranging from $26.25 to $29.64 per unit. An estimated annual forfeiture rate of 2.0% was applied to these awards. (4)The aggregate grant date fair value of phantom unit awards issued during 2025 was $277 million based on a grant date market price of the Partnership’s common units ranging from $30.56 to $33.21 per unit. An estimated annual forfeiture rate of 2.0% was applied to these awards. The following table presents supplemental information regarding phantom unit awards for the years indicated:
|  |  | For the Year Ended December 31,
|  |  |  |  | 2025 |  | 2024 |  | 2023
Cash payments made in connection with DERs |  |  |  |  | $ | 44 |  |  | $ | 43 |  |  | $ | 38 |
Total intrinsic value of phantom unit awards that vested during period |  |  |  |  | 262 |  |  | 199 |  |  | 182 |

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