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Equity and Distributions (Tables)
6 Months Ended
Jun. 30, 2017
Equity and Distributions [Abstract]  
Summary of Changes in Outstanding Units
Partners’ Equity
Partners’ equity reflects the various classes of limited partner interests (i.e., common units, including restricted common units) outstanding.  The following table summarizes changes in the number of our outstanding units from January 1, 2017 to June 30, 2017:

  
Common
Units
(Unrestricted)
  
Restricted
Common
Units
  
Total
Common
Units
 
Number of units outstanding at January 1, 2017
  
2,116,906,120
   
682,294
   
2,117,588,414
 
Common units issued in connection with ATM program
  
20,857,006
   
--
   
20,857,006
 
Common units issued in connection with DRIP and EUPP
  
7,035,681
   
--
   
7,035,681
 
Common units issued in connection with the vesting of phantom unit awards
  
2,351,436
   
--
   
2,351,436
 
Common units issued in connection with the vesting of restricted common unit awards
  
668,470
   
(668,470
)
  
--
 
Forfeiture of restricted common unit awards
  
--
   
(1,250
)
  
(1,250
)
Cancellation of treasury units acquired in connection with the
vesting of equity-based awards
  
(986,686
)
  
--
   
(986,686
)
Common units issued in connection with employee compensation
  
1,176,103
   
--
   
1,176,103
 
Other
  
14,685
   
--
   
14,685
 
Number of units outstanding at June 30, 2017
  
2,148,022,815
   
12,574
   
2,148,035,389
 

Components of Accumulated Other Comprehensive Income (Loss)
The following tables present the components of accumulated other comprehensive income (loss) as reported on our Unaudited Condensed Consolidated Balance Sheets at the dates indicated:

 
 
Gains (Losses) on
Cash Flow Hedges
       
 
 
Commodity
Derivative
Instruments
  
Interest Rate
Derivative
Instruments
  
Other
  
Total
 
Balance, January 1, 2017
 
$
(83.8
)
 
$
(199.8
)
 
$
3.6
  
$
(280.0
)
Other comprehensive income (loss) before reclassifications
  
175.2
   
(4.5
)
  
(0.1
)
  
170.6
 
Amounts reclassified from accumulated other comprehensive loss (income)
  
(38.9
)
  
19.6
   
--
   
(19.3
)
Total other comprehensive income (loss)
  
136.3
   
15.1
   
(0.1
)
  
151.3
 
Balance, June 30, 2017
 
$
52.5
  
$
(184.7
)
 
$
3.5
  
$
(128.7
)

 
 
Gains (Losses) on
Cash Flow Hedges
       
 
 
Commodity
Derivative
Instruments
  
Interest Rate
Derivative
Instruments
  
Other
  
Total
 
Balance, January 1, 2016
 
$
56.6
  
$
(279.5
)
 
$
3.7
  
$
(219.2
)
Other comprehensive loss before reclassifications
  
(74.9
)
  
(9.4
)
  
(0.1
)
  
(84.4
)
Amounts reclassified from accumulated other comprehensive loss (income)
  
(21.8
)
  
18.4
   
--
   
(3.4
)
Total other comprehensive income (loss)
  
(96.7
)
  
9.0
   
(0.1
)
  
(87.8
)
Balance, June 30, 2016
 
$
(40.1
)
 
$
(270.5
)
 
$
3.6
  
$
(307.0
)

Reclassification out of Accumulated Other Comprehensive Income (Loss)
The following table presents reclassifications out of accumulated other comprehensive income (loss) into net income during the periods indicated:

 
  
 
For the Three Months
Ended June 30,
  
For the Six Months
Ended June 30,
 
 
Location 
 
2017
  
2016
  
2017
  
2016
 
Losses (gains) on cash flow hedges:
             
Interest rate derivatives
Interest expense
 
$
10.0
  
$
9.2
  
$
19.6
  
$
18.4
 
Commodity derivatives
Revenue
  
(46.0
)
  
34.2
   
(38.5
)
  
(24.6
)
Commodity derivatives
Operating costs and expenses
  
--
   
1.2
   
(0.4
)
  
2.8
 
Total
 
 
$
(36.0
)
 
$
44.6
  
$
(19.3
)
 
$
(3.4
)

Declared Quarterly Cash Distribution Rates
The following table presents Enterprise’s declared quarterly cash distribution rates per common unit with respect to the quarter indicated:

 
 
Distribution Per
Common Unit
 
Record
Date
Payment
Date
2016
        
1st Quarter
 
$
0.3950
 
4/29/2016
5/6/2016
2nd Quarter
 
$
0.4000
 
7/29/2016
8/5/2016
2017
    
 
    
1st Quarter
 
$
0.4150
 
4/28/2017
5/8/2017
2nd Quarter
 
$
0.4200
 
7/31/2017
8/7/2017