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Equity and Distributions (Tables)
6 Months Ended
Jun. 30, 2018
Equity and Distributions [Abstract]  
Summary of Changes in Outstanding Units
Partners’ Equity
The following table summarizes changes in the number of our limited partner common units outstanding from January 1, 2018 to June 30, 2018:

Number of common units outstanding at January 1, 2018
  
2,161,089,479
 
Common units issued in connection with DRIP and EUPP
  
9,877,090
 
Common units issued in connection with the vesting of phantom unit awards
  
3,285,976
 
Cancellation of treasury units acquired in connection with the vesting of equity-based awards
  
(984,605
)
Common units issued in connection with employee compensation
  
1,443,586
 
Common units issued in connection with land acquisition (see Note 4)
  
1,223,242
 
Other
  
16,360
 
Number of common units outstanding at June 30, 2018
  
2,175,951,128
 

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, 2018
 
$
(10.1
)
 
$
(165.1
)
 
$
3.5
  
$
(171.7
)
Other comprehensive income (loss) before reclassifications
  
(10.2
)
  
14.6
   
(0.5
)
  
3.9
 
Amounts reclassified from accumulated other comprehensive loss
  
24.7
   
19.9
   
--
   
44.6
 
Total other comprehensive income (loss)
  
14.5
   
34.5
   
(0.5
)
  
48.5
 
Balance, June 30, 2018
 
$
4.4
  
$
(130.6
)
 
$
3.0
  
$
(123.2
)

 
 
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
)

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

 
  
 
For the Three Months
Ended June 30,
  
For the Six Months
Ended June 30,
 
 
Location 
2018
  
2017
  
2018
  
2017
 
Losses (gains) on cash flow hedges:
             
Interest rate derivatives
Interest expense
 
$
9.4
  
$
10.0
  
$
19.9
  
$
19.6
 
Commodity derivatives
Revenue
  
39.4
   
(46.0
)
  
25.4
   
(38.5
)
Commodity derivatives
Operating costs and expenses
  
(0.2
)
  
--
   
(0.7
)
  
(0.4
)
Total
 
 
$
48.6
  
$
(36.0
)
 
$
44.6
  
$
(19.3
)

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
2017
        
1st Quarter
 
$
0.4150
 
4/28/2017
5/8/2017
2nd Quarter
 
$
0.4200
 
7/31/2017
8/7/2017
2018
    
 
    
1st Quarter
 
$
0.4275
 
4/30/2018
5/8/2018
2nd Quarter
 
$
0.4300
 
7/31/2018
8/8/2018