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Earnings Per Unit
 6 Months Ended
Jun. 30, 2020
Earnings Per Unit [Abstract]  
Earnings Per Unit
Note 12.  Earnings Per Unit

The following table presents our calculation of basic and diluted earnings per unit for the periods indicated:

 
  
For the Three Months
Ended June 30,
    
For the Six Months
Ended June 30,
  
 
  
2020
    
2019
    
2020
    
2019
  
BASIC EARNINGS PER UNIT
                        
Net income attributable to limited partners
  
$
1,034.7
    
$
1,214.7
    
$
2,384.8
    
$
2,475.2
  
Earnings allocated to phantom unit awards (1)
    
(7.5
)
    
(7.4
)
    
(17.4
)
    
(15.2
)
Net income available to common unitholders
  
$
1,027.2
    
$
1,207.3
    
$
2,367.4
    
$
2,460.0
  
 
                                
Basic weighted-average number of common units outstanding
    
2,185.9
      
2,189.1
      
2,187.4
      
2,188.1
  
 
                                
Basic earnings per unit
  
$
0.47
    
$
0.55
    
$
1.08
    
$
1.12
  
 
                                
DILUTED EARNINGS PER UNIT
                                
Net income attributable to limited partners
  
$
1,034.7
    
$
1,214.7
    
$
2,384.8
    
$
2,475.2
  
 
                                
Diluted weighted-average number of units outstanding:
                                
Distribution-bearing common units
    
2,185.9
      
2,189.1
      
2,187.4
      
2,188.1
  
Phantom units (1)
    
16.0
      
13.5
      
15.6
      
13.0
  
Total
    
2,201.9
      
2,202.6
      
2,203.0
      
2,201.1
  
 
                                
Diluted earnings per unit
  
$
0.47
    
$
0.55
    
$
1.08
    
$
1.12
  

(1)
Phantom units are considered participating securities for purposes of computing basic earnings per unit. See Note 13 for information regarding our phantom units.