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Net Income Per Limited Partner Unit
12 Months Ended
Dec. 31, 2021
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. For the diluted earnings per share computation, income allocable to the limited partners is reduced, where applicable, for the decrease in earnings from Energy Transfer’s limited partner unit ownership in Sunoco LP that would have resulted assuming the incremental units related to 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,
 202120202019
Net income$6,687 $140 $4,825 
Less: Net income attributable to redeemable noncontrolling interests50 49 51 
Less: Net income attributable to noncontrolling interests1,167 739 1,256 
Net income (loss), net of noncontrolling interests5,470 (648)3,518 
Less: General Partner’s interest in income (loss)(1)
Less: Preferred Unitholders’ interest in income285 — — 
Income (loss) available to Limited Partners$5,179 $(647)$3,514 
Basic Income (Loss) per Limited Partner Unit:
Weighted average limited partner units2,734.4 2,695.6 2,628.0 
Basic income (loss) per Limited Partner unit$1.89 $(0.24)$1.34 
Diluted Income (Loss) per Limited Partner Unit:
Income (loss) available to Limited Partners$5,179 $(647)$3,514 
Dilutive effect of equity-based compensation of subsidiaries and distributions to convertible units(2)— (1)
Diluted income (loss) available to Limited Partners$5,177 $(647)$3,513 
Weighted average limited partner units2,734.4 2,695.6 2,628.0 
Dilutive effect of unvested unit awards5.1 — 9.6 
Weighted average limited partner units, assuming dilutive effect of unvested unit awards2,739.5 2,695.6 2,637.6 
Diluted income (loss) per Limited Partner unit$1.89 $(0.24)$1.33