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Net Income per Unit (Tables)
12 Months Ended
Dec. 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:
 
Year Ended December 31, 2017
 
Year Ended December 31, 2016
 
Year Ended December 31, 2015
 
(in millions, except units and per unit amounts)
Income from continuing operations
$
326

 
$
56

 
$
156

Less: Net income and comprehensive income attributable to noncontrolling interest

 

 
4

Less: Preacquisition income allocated to general partner

 

 
75

Income from continuing operations attributable to partners
326

 
56

 
77

Less:
 
 
 
 
 
Series A Preferred units
23

 

 

Incentive distribution rights
85

 
81

 
30

Distributions on nonvested phantom unit awards
6

 
5

 
2

Limited partners' interest in net income (loss) from continuing operations
$
212

 
$
(30
)
 
$
45

 
 
 
 
 
 
Income (loss) from discontinued operations
$
(177
)
 
$
(462
)
 
$
38

Less: Preacquisition income allocated to general partner

 

 
28

Limited partners' interest in net income (loss) from discontinued operations
$
(177
)
 
$
(462
)
 
$
10

Weighted average limited partner units outstanding:
 

 
 

 
 

Common - basic
99,270,120

 
93,575,530

 
40,253,913

Common - equivalents
458,234

 
28,305

 
21,738

Common - diluted
99,728,354

 
93,603,835

 
40,275,651

Subordinated - (basic and diluted)

 

 
10,010,333

Income (loss) from continuing operations per limited partner unit:
 

 
 

 
 

Common - basic
$
2.13

 
$
(0.32
)
 
$
0.91

Common - diluted
$
2.12

 
$
(0.32
)
 
$
0.91

Subordinated - basic and diluted (1)
$

 
$

 
$
1.17

Income (loss) from discontinued operations per limited partner unit:
 
 
 
 
 
Common - basic
$
(1.78
)
 
$
(4.94
)
 
$
0.20

Common - diluted
$
(1.78
)
 
$
(4.94
)
 
$
0.20

Subordinated - basic and diluted (1)
$

 
$

 
$
0.23

___________________________
(1)
The subordination period ended on November 30, 2015, at which time outstanding subordinated units were converted to common units. Distributions and the partners' interest in net income were allocated to the subordinated units through November 30, 2015.