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Partners' Capital and Distributions (Tables)
6 Months Ended
Jun. 30, 2018
Limited Partners' Capital Account [Line Items]  
Schedule of activity for preferred units and common units
The following tables present the activity for our preferred and common units:
 
Limited Partners
 
Series A Preferred Units
 
Series B Preferred Units
 
Common Units
Outstanding at December 31, 2017
69,696,542

 
800,000

 
725,189,138

Issuance of Series A preferred units in connection with in-kind distribution
1,393,926

 

 

Other

 

 
393,601

Outstanding at June 30, 2018
71,090,468

 
800,000

 
725,582,739

 
 
Limited Partners
 
Series A
Preferred Units
 
Common Units
Outstanding at December 31, 2016
64,388,853

 
669,194,419

Issuances of Series A preferred units in connection with in-kind distributions
2,601,300

 

Sales of common units

 
54,119,893

Issuance of common units in connection with acquisition of interest in Advantage Joint Venture

 
1,252,269

Other

 
130,154

Outstanding at June 30, 2017
66,990,153

 
724,696,735


Series A Preferred Units  
Limited Partners' Capital Account [Line Items]  
Schedule of cash distributions to common unitholders
The following table details distributions paid to our Series A preferred unitholders during or pertaining to the first six months of 2018 (in millions, except unit and per unit data):
 
 
Series A Preferred Unitholders
 
 
Distribution (2)
 
 
Distribution per Unit
Distribution Payment Date
 
Cash
 
Units
 
 
August 14, 2018 (1)
 
$
37

 

 
 
$
0.525

May 15, 2018
 
$
37

 

 
 
$
0.525

February 14, 2018
 
$

 
1,393,926

 
 
$
0.525

 
(1) 
Payable to unitholders of record at the close of business on July 31, 2018 for the period from April 1, 2018 through June 30, 2018. At June 30, 2018, such amount was accrued to distributions payable in “Accounts payable and accrued liabilities” on our Condensed Consolidated Balance Sheet.
(2) 
On February 14, 2018, we issued additional Series A preferred units in lieu of a cash distribution of $37 million. With respect to any quarter ending on or prior to December 31, 2017 (the “Initial Distribution Period”), we were able to elect to pay distributions on our Series A preferred units in additional Series A preferred units, in cash or a combination of both. The Initial Distribution Period ended with the February 2018 distribution; as such, with respect to any quarter ending after the Initial Distribution Period, we must pay distributions on our Series A preferred units in cash.
Series B Preferred Units  
Limited Partners' Capital Account [Line Items]  
Schedule of cash distributions to common unitholders
The following table details distributions paid to our Series B preferred unitholders during the first six months of 2018 (in millions, except per unit data):
 
 
Series B Preferred Unitholders
Distribution Payment Date
 
Cash Distribution
 
 
Distribution per Unit
May 15, 2018
 
$
24.5

 
 
$
30.625

Common Units  
Limited Partners' Capital Account [Line Items]  
Schedule of cash distributions to common unitholders
The following table details distributions paid during or pertaining to the first six months of 2018 (in millions, except per unit data):
 
 
Distributions
 
 
Cash Distribution per Common Unit
 
 
Common Unitholders
 
Total Cash Distribution
 
 
Distribution Payment Date
 
Public
 
AAP
 
 
 
August 14, 2018 (1)
 
$
133

 
$
85

 
$
218

 
 
$
0.30

May 15, 2018
 
$
133

 
$
85

 
$
218

 
 
$
0.30

February 14, 2018
 
$
133

 
$
85

 
$
218

 
 
$
0.30

 
(1) 
Payable to unitholders of record at the close of business on July 31, 2018 for the period from April 1, 2018 through June 30, 2018.