Partners' Capital and Distributions (Tables)

9 Months Ended

Sep. 30, 2016

Schedule of activity for Series A preferred units and common units

The following tables present the activity for our Series A preferred units and common units:



	Limited Partners
	Preferred Units	Common Units
Outstanding at December 31, 2015	—	397,727,624
Sale of Series A preferred units	61,030,127	—
Issuance of Series A preferred units in connection with in-kind distributions	2,096,204	—
Sale of common units	—	9,922,733
Issuance of common units under LTIP	—	457,289
Outstanding at September 30, 2016	63,126,331	408,107,646



	Limited Partners
	Common Units
Outstanding at December 31, 2014	375,107,793
Sale of common units	22,133,904
Issuance of common units under LTIP	485,927
Outstanding at September 30, 2015	397,727,624

Schedule of distributions paid in cash, net of reductions to the general partner's incentive distributions

The following table details the distributions paid in cash during or pertaining to the first nine months of 2016, net of reductions to the general partner’s incentive distributions (in millions, except per unit data):



	Distributions						Distributions per common unit
Distribution Date	Common Unitholders		General Partner		Total		Distributions per common unit
November 14, 2016 ⁽¹⁾	$	227	$	101	$	328	$	0.55
August 12, 2016	$	278	$	155	$	433	$	0.70
May 13, 2016	$	278	$	155	$	433	$	0.70
February 12, 2016	$	278	$	155	$	433	$	0.70

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⁽¹⁾	Payable to unitholders of record at the close of business on October 31, 2016 for the period July 1, 2016 through September 30, 2016.