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Net Income per Unit (Tables)
3 Months Ended
Mar. 31, 2018
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,
 
 
2018
 
2017
 
 
(in millions, except units and per unit amounts)
Income (loss) from continuing operations
 
$
(78
)
 
$
12

Less:
 
 
 
 
Distributions on Series A Preferred units
 
2

 

Incentive distribution rights
 
18

 
21

Distributions on nonvested phantom unit awards
 
1

 
2

Limited partners' interest in net loss from continuing operations
 
$
(99
)
 
$
(11
)
Loss from discontinued operations
 
$
(237
)
 
$
(11
)
Weighted average limited partner units outstanding:
 
 
 
 
Common - basic
 
89,753,950

 
98,609,608

Common - equivalents
 
517,801

 
106,350

Common - diluted
 
90,271,751

 
98,715,958

Loss from continuing operations per limited partner unit:
 
 
 
 
Common - basic
 
$
(1.11
)
 
$
(0.11
)
Common - diluted
 
$
(1.11
)
 
$
(0.11
)
Loss from discontinued operations per limited partner unit:
 
 
 
 
Common - basic
 
$
(2.63
)
 
$
(0.11
)
Common - diluted
 
$
(2.63
)
 
$
(0.11
)