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Capital Accounts (Tables)
12 Months Ended
Dec. 31, 2025
Partners' Capital, Including Portion Attributable to Noncontrolling Interest [Abstract]  
Schedule of Changes in Outstanding Common Units
The following table summarizes changes in the number of our common units outstanding since December 31, 2022:
Common units outstanding at December 31, 20222,170,806,347 
Common unit repurchases under 2019 Buyback Program(7,244,540)
Common units issued in connection with the vesting of phantom unit awards, net4,662,539 
Other20,892 
Common units outstanding at December 31, 20232,168,245,238 
Common unit repurchases under 2019 Buyback Program(7,556,210)
Common units issued in connection with the vesting of phantom unit awards, net4,990,360 
Other20,574 
Common units outstanding at December 31, 20242,165,699,962 
Common unit repurchases under 2019 Buyback Program(9,496,536)
Common units issued in connection with the vesting of phantom unit awards, net5,346,387 
Conversion of preferred units to common units194,472 
Other16,398 
Common units outstanding at December 31, 20252,161,760,683 
Schedule of Changes in Outstanding Preferred Units
The following table summarizes changes in the number of our preferred units outstanding since December 31, 2022:
Preferred units outstanding at December 31, 202250,412
Preferred units outstanding at December 31, 202350,412
Paid in-kind distribution to third party275
Preferred units outstanding at December 31, 202450,687
Paid in-kind distribution to third party291
Conversion of preferred units to common units
(5,566)
Preferred units outstanding at December 31, 202545,412
Schedule of Components of Accumulated Other Comprehensive Income (Loss)
The following tables present the components of accumulated other comprehensive income (loss) as reported on our Consolidated Balance Sheets at the dates indicated:
Cash Flow HedgesOtherTotal
Commodity
Derivative
Instruments
Interest Rate
Derivative
Instruments
Accumulated Other Comprehensive Income (Loss), December 31, 2023$154 $151 $$307 
Other comprehensive income (loss) for period, before reclassifications115 (2)– 113 
Reclassification of losses (gains) to net income during period(178)(6)– (184)
Total other comprehensive income (loss) for period(63)(8)– (71)
Accumulated Other Comprehensive Income (Loss), December 31, 2024$91 $143 $$236 
Other comprehensive income (loss) for period, before reclassifications285 14 – 299 
Reclassification of losses (gains) to net income during period(192)(7)– (199)
Total other comprehensive income (loss) for period93 – 100 
Accumulated Other Comprehensive Income (Loss), December 31, 2025$184 $150 $$336 
Schedule of Reclassification out of Accumulated Other Comprehensive Income (Loss)
The following table presents reclassifications of (income) loss out of accumulated other comprehensive income (loss) into net income during the years indicated:
For the Year Ended December 31,
Losses (gains) on cash flow hedges:Location20252024
Interest rate derivativesInterest expense$(7)$(6)
Commodity derivativesRevenue(235)(249)
Commodity derivativesOperating costs and expenses43 71 
Total$(199)$(184)
Schedule of Noncontrolling Interests The following table presents the components of noncontrolling interests as reported on our Consolidated Balance Sheets at the dates indicated:
December 31,
Consolidated Subsidiary20252024
Breviloba LLC (“Breviloba”)(1)$411 $423 
Enterprise Navigator Ethylene Terminal LLC (“ENET”)(2)240 245 
Other (3)180 189 
Total noncontrolling interests in consolidated subsidiaries$831 $857 
(1)An affiliate of Kinetik Holdings Inc. owns a noncontrolling 33% equity interest in Breviloba, which owns the Shin Oak NGL Pipeline.
(2)Navigator Ethylene Terminals LLC owns a noncontrolling 50% equity interest in ENET, which owns our ethylene export terminal located at Morgan’s Point on the Houston Ship Channel.
(3)Primarily represents noncontrolling equity interests in NGL fractionation and pipeline businesses.
Schedule of Declared Quarterly Cash Distribution Rates
The following table presents Enterprise’s declared quarterly cash distribution rates per common unit with respect to the quarter indicated. Actual cash distributions are paid by Enterprise within 45 days after the end of each fiscal quarter.
Quarterly
Distribution Per
Common Unit
Record
Date
Payment
Date
2023:
1st Quarter$0.4900 4/28/20235/12/2023
2nd Quarter$0.5000 7/31/20238/14/2023
3rd Quarter$0.5000 10/31/202311/14/2023
4th Quarter$0.5150 1/31/20242/14/2024
2024:
1st Quarter$0.5150 4/30/20245/14/2024
2nd Quarter$0.5250 7/31/20248/14/2024
3rd Quarter$0.5250 10/31/202411/14/2024
4th Quarter$0.5350 1/31/20252/14/2025
2025:
1st Quarter$0.5350 4/30/20255/14/2025
2nd Quarter$0.5450 7/31/20258/14/2025
3rd Quarter$0.5450 10/31/202511/14/2025
4th Quarter$0.5500 1/30/20262/13/2026