v3.5.0.2
Equity Equity, Earnings Per Unit (Details)
$ / shares in Units, shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2016
USD ($)
$ / shares
shares
Sep. 30, 2015
USD ($)
$ / shares
shares
Sep. 30, 2016
USD ($)
$ / shares
shares
Sep. 30, 2015
USD ($)
$ / shares
shares
Incentive Distribution, Distribution Split Marginal Percentage     50.00%  
Incentive Distribution, Minimum Distribution Level | $ / shares     0.3881  
General Partner Distributions   $ 3   $ 8
Net earnings [1] $ 87 71 $ 259 [2] 206 [2]
Net earnings attributable to noncontrolling interest [1] 0 (3) 0 (19)
Special Allocations Of Net Earnings [3] 2 0 2 0
Net earnings, excluding noncontrolling interest and including Special Allocations 89 68 261 187
Distribution Made to Limited Partner, Cash Distributions Declared     175  
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $ (42) $ (18) $ (101) $ (50)
Common units - basic | shares [1] 101.4 86.6 96.7 82.5
Common units - diluted | shares [1] 101.4 86.7 96.8 82.6
Common - basic | $ / shares [1] $ 0.46 $ 0.62 $ 1.58 $ 1.85
Common - diluted | $ / shares [1] $ 0.46 $ 0.62 $ 1.58 $ 1.85
General Partner        
General Partner Distributions $ 3 $ 1 $ 7 $ 4
Incentive Distribution, Subsequent Distribution Amount [4] 39 19 105 47
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic [5] (2) (6) (6) (17)
Participating Securities, Distributed and Undistributed Earnings (Loss), Basic 40 14 106 34
Common        
Special Allocations Of Net Earnings [3] (2) 0 (2) 0
Distribution Made to Limited Partner, Cash Distributions Declared 89 66 250 186
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic (40) (12) (95) (33)
Participating Securities, Distributed and Undistributed Earnings (Loss), Basic $ 47 $ 54 $ 153 $ 153
[1] (a)Adjusted to include the historical results of the Predecessors. See Notes 1 and 2 for further discussion.
[2] (a)Adjusted to include the historical results of the Predecessors. See Notes 1 and 2 for further discussion.
[3] Normal allocations according to percentage interests are made after giving effect, if any, to priority income allocations in an amount equal to incentive cash distributions fully allocated to the general partner and any special allocations. The adjustment reflects the special allocation to common units held by TLGP for the interest incurred in connection with borrowings on the Dropdown Credit Facility in lieu of using cash on hand to fund the Alaska Storage and Terminalling Assets acquisition during the three and nine months ended September 30, 2016.
[4] IDRs entitle the general partner to receive increasing percentages, up to 50%, of quarterly distributions in excess of $0.3881 per unit per quarter. The amount above reflects earnings distributed to our general partner net of $3 million and $8 million of IDRs for the three and nine months ended September 30, 2015, respectively, waived by TLGP. See Note 12 of our Annual Report on Form 10-K for the year ended December 31, 2015, for further discussion related to IDRs.
[5] We have revised the historical allocation of general partner earnings to include the Predecessors’ losses of $1 million and $4 million for the three and nine months ended September 30, 2016, respectively, and $6 million and $17 million for the three and nine months ended September 30, 2015, respectively.