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Net Income Per Limited Partner Unit
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Net Income Per Limited Partner Unit NET INCOME PER COMMON UNIT:
Basic net income per common 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 common 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 and USAC that would have resulted assuming the incremental units related to Sunoco LP’s and USAC’s respective long-term 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,
 202420232022
Net income$6,565 $5,294 $5,868 
Less: Net income attributable to redeemable noncontrolling interests59 60 51 
Less: Net income attributable to noncontrolling interests1,692 1,299 1,061 
Net income, net of noncontrolling interests4,814 3,935 4,756 
Less: General Partner’s interest in income4 3 4 
Less: Preferred Unitholders’ interest in income362 463 422 
Less: Loss on redemption of preferred units54 — — 
Common Unitholders’ interest in net income$4,394 $3,469 $4,330 
Basic Income per Common Unit:
Weighted average common units3,395.1 3,161.7 3,086.8 
Basic income per common unit$1.29 $1.10 $1.40 
Diluted Income per Common Unit:
Common Unitholders’ interest in net income$4,394 $3,469 $4,330 
Dilutive effect of equity-based compensation of subsidiaries and distributions to convertible units(1)(1)(2)
Diluted income available to Common Unitholders$4,393 $3,468 $4,328 
Weighted average common units3,395.1 3,161.7 3,086.8 
Dilutive effect of unvested unit awards25.4 15.5 10.2 
Weighted average common units, assuming dilutive effect of unvested unit awards3,420.5 3,177.2 3,097.0 
Diluted income per common unit$1.28 $1.09 $1.40