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UNAUDITED CONDENSED STATEMENTS OF CONSOLIDATED OPERATIONS - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Third parties $ 5,745.3 $ 8,250.5 $ 13,211.8 $ 16,781.7
Related parties 5.7 25.8 21.7 38.1
Total revenues 5,751.0 8,276.3 13,233.5 16,819.8
Operating costs and expenses:        
Third parties 4,063.9 6,469.5 9,799.2 13,124.8
Related parties 306.5 331.4 631.5 695.8
Total operating costs and expenses 4,370.4 6,800.9 10,430.7 13,820.6
General and administrative costs:        
Third parties 23.8 21.4 46.8 41.8
Related parties 33.2 31.1 65.7 62.9
Total general and administrative costs 57.0 52.5 112.5 104.7
Total costs and expenses 4,427.4 6,853.4 10,543.2 13,925.3
Equity in income of unconsolidated affiliates 113.3 137.4 254.1 292.0
Operating income 1,436.9 1,560.3 2,944.4 3,186.5
Other income (expense):        
Interest expense (320.2) (290.1) (637.7) (567.3)
Change in fair market value of Liquidity Option 0.0 (26.6) (2.3) (84.4)
Interest income 2.9 0.7 10.1 2.0
Other, net 0.9 1.9 1.8 2.1
Total other expense, net (316.4) (314.1) (628.1) (647.6)
Income before income taxes 1,120.5 1,246.2 2,316.3 2,538.9
Benefit from (provision for) income taxes (59.7) (9.7) 119.5 (22.0)
Net income 1,060.8 1,236.5 2,435.8 2,516.9
Net income attributable to noncontrolling interests (26.1) (21.8) (51.0) (41.7)
Net income attributable to limited partners $ 1,034.7 $ 1,214.7 $ 2,384.8 $ 2,475.2
Earnings per unit:        
Basic earnings per unit (in dollars per unit) $ 0.47 $ 0.55 $ 1.08 $ 1.12
Diluted earnings per unit (in dollars per unit) $ 0.47 $ 0.55 $ 1.08 $ 1.12