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Equity (Tables)
9 Months Ended
Sep. 30, 2025
Schedule of Capital Units [Table Text Block]
Changes in Energy Transfer common units during the nine months ended September 30, 2025 were as follows:
Number of Units
Number of common units at December 31, 20243,431.0 
Common units issued under the distribution reinvestment plan1.8 
Common units vested under equity incentive plans and other0.6 
Number of common units at September 30, 20253,433.4 
Distributions Made to Limited Partner, by Distribution [Table Text Block]
Cash Distributions on Energy Transfer Preferred Units
Distributions declared on the Energy Transfer Preferred Units were as follows:
Period Ended
Record Date (1)
Payment Date (1)
Series B (2)
Series F
Series G (2)
Series H (2)
Series I (1)
December 31, 2024February 3, 2025February 17, 2025$33.125 $— $— $— $0.2111 
March 31, 2025May 1, 2025May 15, 2025— 33.750 35.625 32.500 0.2111 
June 30, 2025August 1, 2025August 15, 202533.125 — — — 0.2111 
September 30, 2025November 4, 2025November 14, 2025— — 35.625 32.500 0.2111 
(1)The record date and payment date shown above apply to all Energy Transfer Preferred Units, except for the Series I Preferred Units. For the period ended March 31, 2025, the cash distribution for the Series I Preferred Units was paid on May 15, 2025 to unitholders of record as of the close of business on May 2, 2025. For the period ended June 30, 2025, the cash distribution for the Series I Preferred Units was paid on August 14, 2025 to unitholders of record as of
the close of business on August 4, 2025. For the period ended September 30, 2025, the cash distribution for the Series I Preferred Units will be paid on November 14, 2025 to unitholders of record as of the close of business on November 4, 2025.
(2)Series B, Series G and Series H distributions are currently paid on a semi-annual basis. Distributions on the Series B Preferred Units will begin to be paid quarterly on February 15, 2028.
Schedule of Preferred Units [Table Text Block]
The following table summarizes changes in the Energy Transfer Preferred Units:
Preferred Unitholders
Series BSeries FSeries GSeries HSeries ITotal
Balance, December 31, 2024$556 $496 $1,488 $893 $419 $3,852 
Distributions to partners(18)— — — (9)(27)
Net income26 15 67 
Balance, March 31, 2025547 504 1,514 908 419 3,892 
Distributions to partners— (16)(53)(29)(9)(107)
Redemption of preferred units— (500)— — — (500)
Other, net— — — — 
Net income27 14 63 
Balance, June 30, 2025556 — 1,488 893 419 3,356 
Distributions to partners(18)— — — (9)(27)
Net income— 27 15 59 
Balance, September 30, 2025$547 $— $1,515 $908 $418 $3,388 
Preferred Unitholders
Series ASeries BSeries CSeries DSeries E Series FSeries GSeries HSeries ITotal
Balance, December 31, 2023$948 $556 $438 $435 $786 $496 $1,488 $893 $419 $6,459 
Distributions to partners(24)(18)(11)(11)(15)— — — (9)(88)
Redemption of preferred units— — (450)(445)— — — — — (895)
Other, net— — 11 10 — — — — — 21 
Net income23 12 11 15 27 15 129 
Balance, March 31, 2024947 547 — — 786 504 1,515 908 419 5,626 
Distributions to partners(32)— — — (15)(17)(53)(29)(9)(155)
Redemption of preferred units(950)— — — (800)— — — — (1,750)
Other, net13 — — — 20 — — — — 33 
Net income22 — — 26 14 98 
Balance, June 30, 2024— 556 — — — 496 1,488 893 419 3,852 
Distributions to partners— (18)— — — — — — (9)(27)
Net income— — — — 26 15 67 
Balance, September 30, 2024$— $547 $— $— $— $504 $1,514 $908 $419 $3,892 
Comprehensive Income (Loss)
The following table presents the components of AOCI, net of tax:
September 30,
2025
December 31,
2024
Available-for-sale securities$27 $20 
Foreign currency translation adjustment(9)(6)
Actuarial gains related to pensions and other postretirement benefits40 45 
Investments in unconsolidated affiliates, net10 14 
Total AOCI included in partners’ capital, net of tax$68 $73 
Parent Company [Member]  
Distributions Made to Limited Partner, by Distribution [Table Text Block]
Distributions declared and/or paid with respect to Energy Transfer common units subsequent to December 31, 2024 were as follows:
Quarter EndedRecord DatePayment DateRate
December 31, 2024February 7, 2025February 19, 2025$0.3250 
March 31, 2025May 9, 2025May 20, 20250.3275 
June 30, 2025August 8, 2025August 19, 20250.3300 
September 30, 2025November 7, 2025November 19, 20250.3325 
Sunoco LP [Member]  
Distributions Made to Limited Partner, by Distribution [Table Text Block]
Distributions on Sunoco LP’s common units declared and/or paid by Sunoco LP subsequent to December 31, 2024 were as follows:
Quarter EndedPayment DateRate
December 31, 2024February 19, 2025$0.8865 
March 31, 2025May 20, 20250.8976 
June 30, 2025August 19, 20250.9088 
September 30, 2025November 19, 20250.9202 
USA Compression Partners, LP [Member]  
Distributions Made to Limited Partner, by Distribution [Table Text Block]
Distributions on USAC’s common units declared and/or paid by USAC subsequent to December 31, 2024 were as follows:
Quarter EndedPayment DateRate
December 31, 2024February 7, 2025$0.525 
March 31, 2025May 9, 20250.525 
June 30, 2025August 8, 20250.525 
September 30, 2025November 7, 20250.525