XML 43 R32.htm IDEA: XBRL DOCUMENT v3.23.2
Capital Accounts (Tables)
 6 Months Ended
Jun. 30, 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
  
Common unit repurchases under 2019 Buyback Program
    
(2,910,121
)
Common units issued in connection with the vesting of phantom unit awards, net
    
153,502
  
Common units outstanding at June 30, 2023
    
2,171,752,332
  
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
    
(43
)
    
(5
)
    
–
      
(48
)
Reclassification of losses (gains) to net income during period
    
(48
)
    
(1
)
    
–
      
(49
)
Total other comprehensive income (loss) for period
    
(91
)
    
(6
)
    
–
      
(97
)
Accumulated Other Comprehensive Income (Loss), June 30, 2023
  
$
80
    
$
186
    
$
2
    
$
268
  

   
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
    
(60
)
    
–
      
–
      
(60
)
Reclassification of losses (gains) to net income during period
    
(63
)
    
14
      
–
      
(49
)
Total other comprehensive income (loss) for period
    
(123
)
    
14
      
–
      
(109
)
Accumulated Other Comprehensive Income (Loss), June 30, 2022
  
$
14
    
$
161
    
$
2
    
$
177
  
Reclassification out of Accumulated Other Comprehensive Income (Loss)
The following table presents reclassifications of (income) loss out of accumulated other comprehensive income into net income during the periods indicated:
 
  
For the Three Months
Ended June 30,
    
For the Six Months
Ended June 30,
  
Losses (gains) on cash flow hedges:
Location
  
2023
    
2022
    
2023
    
2022
  
Interest rate derivatives
Interest expense
  
$
(3
)
  
$
6
    
$
(1
)
  
$
14
  
Commodity derivatives
Revenue
    
(27
)
    
(86
)
    
(51
)
    
(47
)
Commodity derivatives
Operating costs and expenses
    
11
      
(22
)
    
3
      
(16
)
Total
 
  
$
(19
)
  
$
(102
)
  
$
(49
)
  
$
(49
)