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Net Income per Unit (Tables)
3 Months Ended
Mar. 31, 2017
Net Income Per Unit [Abstract]  
Schedule of Net Income per Unit, Basic and Diluted
A reconciliation of the numerators and denominators of the basic and diluted per unit computations is as follows:
 
For the Three Months Ended March 31,
 
2017
 
2016
 
(in millions, except units and per unit amounts)
Net income and comprehensive income
$
1

 
$
62

Less:
 
 
 
Incentive distribution rights
21

 
20

Distributions on nonvested phantom unit awards
2

 
1

Limited partners' interest in net income (loss)
$
(22
)
 
$
41

Weighted average limited partner units outstanding:
 
 
 
Common - basic
98,609,608

 
87,453,333

Common - equivalents
106,350

 
21,354

Common - diluted
98,715,958

 
87,474,687

Net income (loss) per limited partner unit:
 
 
 
Common - basic and diluted
$
(0.22
)
 
$
0.47