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DISTRIBUTIONS | 6 Months Ended
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Jun. 30, 2019
Distributions [Abstract] |
DISTRIBUTIONS | DISTRIBUTIONS For the three and six-month periods ended June 30, 2019, distributions to partnership and Exchange LP unitholders were $200 million and $400 million, respectively, (2018: $185 million and $370 million). This represents a quarterly distribution of $0.5025 and $1.005, respectively, per partnership unit (2018: $0.47 and $0.94 per partnership unit), a 7% increase from December 31, 2018. Additionally, incentive distributions were made to the special general partner of $38 million and $76 million for the three and six-month periods ended June 30, 2019, respectively (2018: $34 million and $68 million). For the three and six-month periods ended June 30, 2019, our partnership declared and paid preferred unit distributions of $13 million and $25 million, respectively (2018: $10 million and $19 million). This represented a distribution of $0.26 and $0.50, respectively, per preferred unit (2018: $0.25 and $0.48 per preferred unit).

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- Definition The disclosure of dividends. Dividends are distributions of profits to holders of equity investments in proportion to their holdings of a particular class of capital. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2018-01-01 -Paragraph 10 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=1&date=2018-03-01&anchor=para_10_e&doctype=Standard -URIDate 2018-03-16 + Details
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