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Redeemable Noncontrolling Interest | 12 Months Ended
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Dec. 31, 2022
Preferred Units, Preferred Partners' Capital Account [Abstract] |
Redeemable Noncontrolling Interest [Text Block] | REDEEMABLE NONCONTROLLING INTERESTS:Certain redeemable noncontrolling interests in the Partnership’s subsidiaries are reflected as mezzanine equity on the consolidated balance sheet. Redeemable noncontrolling interests as of December 31, 2022 included a balance of $477 million related to the USAC Preferred Units, described below, and a balance of $16 million related to noncontrolling interest holders in one of the Partnership’s consolidated subsidiaries that have the option to sell their interests to the Partnership. As of December 31, 2021, redeemable noncontrolling interests included a balance of $477 million related to the USAC Preferred Units, a balance of $15 million related to noncontrolling interest holders in one of the Partnership’s consolidated subsidiaries that have the option to sell their interests to the Partnership and a balance of $291 million related to Energy Transfer Canada preferred shares. The Energy Transfer Canada preferred shares were deconsolidated in connection with the sale in August 2022. USAC Series A Preferred Units As of December 31, 2022, USAC had 500,000 preferred units issued and outstanding. The USAC Preferred Units are entitled to receive cumulative quarterly distributions equal to $24.375 per USAC Preferred Unit, subject to increase in certain limited circumstances. The USAC Preferred Units will have a perpetual term, unless converted or redeemed. Certain portions of the USAC Preferred Units are convertible into USAC common units at the election of the holders. As of December 31, 2022, a total of 333,333 USAC Preferred Units are convertible, at the option of the holder, into a maximum of 16,657,088 USAC common units, including unpaid cash distributions. As of April 2, 2023, all of the USAC Preferred Units will be convertible, at the option of the holder, into a maximum of 24,985,633 USAC common units. To the extent the holders of the USAC Preferred Units have not elected to convert their preferred units by the fifth anniversary of the issue date, USAC will have the option to redeem all or any portion of the USAC Preferred Units for cash. In addition, beginning April 2028, the holders of the USAC Preferred Units will have the right to require USAC to redeem all or any portion of the USAC Preferred Units, and USAC may elect to pay up to 50% of such redemption amount in USAC common units.

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- Definition The entire disclosure for redeemable noncontrolling interest (as defined) included in the statement of financial position either as a liability or temporary equity + References No definition available. + Details
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- References No definition available. + Details
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