Capital Accounts (Tables)

3 Months Ended

Mar. 31, 2023

Capital Accounts [Abstract]

Summary of Changes in Outstanding Units

The following table summarizes changes in the number of our common units outstanding since December 31, 2022:

Common units outstanding at December 31, 2022	2,170,806,347
Common unit repurchases under 2019 Buyback Program	(682,589	)
Common units issued in connection with the vesting of phantom unit awards, net	4,364,301
Other	20,892
Common units outstanding at March 31, 2023	2,174,508,951

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:

	Cash Flow Hedges
	Commodity Derivative Instruments			Interest Rate Derivative Instruments			Other		Total
Accumulated Other Comprehensive Income (Loss), December 31, 2022	$	171		$	192		$	2	$	365
Other comprehensive income (loss) for period, before reclassifications		(89	)		(5	)		–		(94	)
Reclassification of losses (gains) to net income during period		(32	)		2			–		(30	)
Total other comprehensive income (loss) for period		(121	)		(3	)		–		(124	)
Accumulated Other Comprehensive Income (Loss), March 31, 2023	$	50		$	189		$	2	$	241

	Cash Flow Hedges
	Commodity Derivative Instruments			Interest Rate Derivative Instruments		Other		Total
Accumulated Other Comprehensive Income (Loss), December 31, 2021	$	137		$	147	$	2	$	286
Other comprehensive income (loss) for period, before reclassifications		(99	)		–		–		(99	)
Reclassification of losses (gains) to net income during period		45			8		–		53
Total other comprehensive income (loss) for period		(54	)		8		–		(46	)
Accumulated Other Comprehensive Income (Loss), March 31, 2022	$	83		$	155	$	2	$	240

Reclassification out of Accumulated Other Comprehensive Income (Loss)

The following table presents reclassifications of (income) loss out of accumulated other comprehensive income (loss) into net income during the periods indicated:

		For the Three Months Ended March 31,
Losses (gains) on cash flow hedges:	Location	2023			2022
Interest rate derivatives	Interest expense	$	2		$	8
Commodity derivatives	Revenue		(24	)		39
Commodity derivatives	Operating costs and expenses		(8	)		6
Total		$	(30	)	$	53