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Acquisitions and Related Transactions
9 Months Ended
Sep. 30, 2021
Business Combinations [Abstract]  
Business Combination Disclosure ACQUISITIONS AND RELATED TRANSACTIONS
Pending Enable Acquisition
On February 16, 2021, the Partnership entered into a definitive merger agreement to acquire Enable. Under the terms of the merger agreement, Enable’s common unitholders will receive 0.8595 of an ET common unit in exchange for each Enable common unit. In addition, each outstanding Enable preferred unit will be exchanged for 0.0265 of a Series G Preferred
Unit, and ET will make a $10 million cash payment for Enable’s general partner. In May 2021, the Enable common unitholders voted to approve the merger. The transaction is subject to the satisfaction of customary closing conditions, including Hart-Scott-Rodino Act (“HSR”) clearance.