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Net Income Per Limited Partner Unit | 12 Months Ended
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Dec. 31, 2020
Earnings Per Share [Abstract] |
Net Income Per Limited Partner Unit | NET INCOME PER LIMITED PARTNER UNIT: Basic net income per limited partner unit is computed by dividing net income, after considering the General Partner’s interest, by the weighted average number of limited partner interests outstanding. Diluted net income per limited partner unit is computed by dividing net income (as adjusted as discussed herein), after considering the General Partner’s interest, by the weighted average number of limited partner interests outstanding and the assumed conversion of the ET Series A Convertible Preferred Units, as discussed in Note 8. For the diluted earnings per share computation, income allocable to the limited partners is reduced, where applicable, for the decrease in earnings from ET’s limited partner unit ownership in ETO or Sunoco LP that would have resulted assuming the incremental units related to our or Sunoco LP’s equity incentive plans, as applicable, had been issued during the respective periods. Such units have been determined based on the treasury stock method. A reconciliation of net income and weighted average units used in computing basic and diluted net income per unit is as follows:
| Years Ended December 31,
| 2020 |  | 2019 |  | 2018
Income from continuing operations | $ | 140 |  |  | $ | 4,825 |  |  | $ | 3,685 |
Less: Net income attributable to redeemable noncontrolling interests | 49 |  |  | 51 |  |  | 39 |
Less: Income from continuing operations attributable to noncontrolling interests | 739 |  |  | 1,256 |  |  | 1,888 |
Income (loss) from continuing operations, net of noncontrolling interests | (648) |  |  | 3,518 |  |  | 1,758 |
Less: General Partner’s interest in income (loss) from continuing operations | (1) |  |  | 4 |  |  | 3 |
Less: ET Series A Convertible Preferred Unitholders’ interest in net income from continuing operations | — |  |  | — |  |  | 33 |
Income (loss) from continuing operations available to Limited Partners | $ | (647) |  |  | $ | 3,514 |  |  | $ | 1,722 |
Basic Income (Loss) from Continuing Operations per Limited Partner Unit: |  |  |  |  |
Weighted average limited partner units | 2,695.6 |  |  | 2,628.0 |  |  | 1,423.8 |
Basic income (loss) from continuing operations per Limited Partner unit | $ | (0.24) |  |  | $ | 1.34 |  |  | $ | 1.21 |
Basic loss from discontinued operations per Limited Partner unit | $ | — |  |  | $ | — |  |  | $ | (0.01) |
Diluted Income (Loss) from Continuing Operations per Limited Partner Unit: |  |  |  |  |
Income (loss) from continuing operations available to Limited Partners | $ | (647) |  |  | $ | 3,514 |  |  | $ | 1,722 |
Dilutive effect of equity-based compensation of subsidiaries and distributions to convertible units | — |  |  | (1) |  |  | 33 |
Diluted income (loss) from continuing operations available to Limited Partners | (647) |  |  | 3,513 |  |  | 1,755 |
Weighted average limited partner units | 2,695.6 |  |  | 2,628.0 |  |  | 1,423.8 |
Dilutive effect of unconverted unit awards and ET Series A Convertible Preferred Units | — |  |  | — |  |  | 30.3 |
Dilutive effect of unvested unit awards | — |  |  | 9.6 |  |  | 7.3 |
Weighted average limited partner units, assuming dilutive effect of unvested unit awards | 2,695.6 |  |  | 2,637.6 |  |  | 1,461.4 |
Diluted income (loss) from continuing operations per Limited Partner unit | $ | (0.24) |  |  | $ | 1.33 |  |  | $ | 1.20 |
Diluted loss from discontinued operations per Limited Partner unit | $ | — |  |  | $ | — |  |  | $ | (0.01) |

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