XML 50 R38.htm IDEA: XBRL DOCUMENT v3.21.2
Related Party Transactions (Tables)
6 Months Ended
Jun. 30, 2021
Related Party Transactions [Abstract]  
Related Party Transactions
The following table summarizes our related party transactions for the periods indicated:

 
 
For the Three Months
Ended June 30,
   
For the Six Months
Ended June 30,
 
 
 
2021
   
2020
   
2021
   
2020
 
Revenues – related parties:
                       
Unconsolidated affiliates
 
$
9.4
   
$
5.7
   
$
23.6
   
$
21.7
 
Costs and expenses – related parties:
                               
EPCO and its privately held affiliates
 
$
282.5
   
$
277.1
   
$
574.7
   
$
563.1
 
Unconsolidated affiliates
   
50.5
     
62.6
     
117.2
     
134.1
 
Total
 
$
333.0
   
$
339.7
   
$
691.9
   
$
697.2
 
The following table summarizes our related party accounts receivable and accounts payable balances at the dates indicated:

 
 
June 30,
2021
   
December 31,
2020
 
Accounts receivable - related parties:
           
EPCO and its privately held affiliates
 
$
2.3
   
$
1.9
 
Unconsolidated affiliates
   
5.5
     
3.7
 
Total
 
$
7.8
   
$
5.6
 
 
               
Accounts payable - related parties:
               
EPCO and its privately held affiliates
 
$
94.3
   
$
139.6
 
Unconsolidated affiliates
   
2.7
     
9.9
 
Total
 
$
97.0
   
$
149.5
 
At June 30, 2021, EPCO and its privately held affiliates (including Dan Duncan LLC and certain Duncan family trusts) beneficially owned the following limited partner interests in us:

 
 
Total Number of Limited Partner Interests Held
Percentage of
Common Units
Outstanding
702,141,725 common units
32.1%
We have no employees.  All of our administrative and operating functions are provided either by employees of EPCO (pursuant to the ASA) or by other service providers.  We and our general partner are parties to the ASA.  The following table presents our related party costs and expenses attributable to the ASA with EPCO for the periods indicated:

   
For the Three Months
Ended June 30,
   
For the Six Months
Ended June 30,
 
 
 
2021
   
2020
   
2021
   
2020
 
Operating costs and expenses
 
$
247.1
   
$
241.9
   
$
501.8
   
$
493.1
 
General and administrative expenses
   
31.4
     
32.0
     
64.6
     
62.5
 
Total costs and expenses
 
$
278.5
   
$
273.9
   
$
566.4
   
$
555.6