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Capital Accounts (Tables)
12 Months Ended
Dec. 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, 2020:

Common units outstanding at December 31, 2020
   
2,182,308,958
 
Common unit repurchases under 2019 Buyback Program
   
(9,891,956
)
Common units issued in connection with the vesting of phantom unit awards, net
   
3,936,437
 
Other
   
26,148
 
Common units outstanding at December 31, 2021
   
2,176,379,587
 
Common unit repurchases under 2019 Buyback Program
   
(10,166,923
)
Common units issued in connection with the vesting of phantom unit awards, net
   
4,571,333
 
Other
   
22,350
 
Common units outstanding at December 31, 2022
   
2,170,806,347
 
Common unit repurchases under 2019 Buyback Program
   
(7,244,540
)
Common units issued in connection with the vesting of phantom unit awards, net
   
4,662,539
 
Other
   
20,892
 
Common units outstanding at December 31, 2023
   
2,168,245,238
 

The following table summarizes changes in the number of our preferred units outstanding since December 31, 2020:

Preferred units outstanding at December 31, 2020
   
50,138
 
Paid-in kind distribution to related party
   
274
 
Preferred units outstanding at December 31, 2021
   
50,412
 
Preferred units outstanding at December 31, 2022
   
50,412
 
Preferred units outstanding at December 31, 2023
   
50,412
 
Components of Accumulated Other Comprehensive Income (Loss)
The following tables present the components of accumulated other comprehensive income (loss) as reported on our 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, 2021
 
$
137
   
$
147
   
$
2
   
$
286
 
Other comprehensive income (loss) for period, before reclassifications
   
254
     
26
     
     
280
 
Reclassification of losses (gains) to net income during period
   
(220
)
   
19
     
     
(201
)
Total other comprehensive income (loss) for period
   
34
     
45
     
     
79
 
Accumulated Other Comprehensive Income (Loss), December 31, 2022
   
171
     
192
     
2
     
365
 
Other comprehensive income (loss) for period, before reclassifications
   
93
     
(36
)
   
     
57
 
Reclassification of losses (gains) to net income during period
   
(110
)
   
(5
)
   
     
(115
)
Total other comprehensive income (loss) for period
   
(17
)
   
(41
)
   
     
(58
)
Accumulated Other Comprehensive Income (Loss), December 31, 2023
 
$
154
   
$
151
   
$
2
   
$
307
 
Reclassifications out of Accumulated Other Comprehensive Income (Loss) Into Net Income
The following table presents reclassifications of (income) loss out of accumulated other comprehensive income (loss) into net income during the years indicated:
 
 
  
 
For the Year Ended December 31,
 
Losses (gains) on cash flow hedges:
Location
 
2023
   
2022
 
Interest rate derivatives
Interest expense
 
$
(5
)
 
$
19
 
Commodity derivatives
Revenue
   
(106
)
   
(181
)
Commodity derivatives
Operating costs and expenses
   
(4
)
   
(39
)
Total
 
 
$
(115
)
 
$
(201
)
Noncontrolling Interests
Noncontrolling interests represent third party ownership interests in our consolidated subsidiaries.  The following table presents the components of noncontrolling interests as reported on our Consolidated Balance Sheets at the dates indicated:

 
At December 31,
 
Consolidated Subsidiary
 
2023
   
2022
 
Breviloba LLC (“Breviloba”)(1)
 
$
436
   
$
448
 
Whitethorn Pipeline Company LLC (“Whitethorn”)(2)
   
182
     
183
 
Enterprise Navigator Ethylene Terminal LLC (“ENET”)(3)
   
166
     
141
 
Other (4)
   
302
     
307
 
   Total noncontrolling interests in consolidated subsidiaries
 
$
1,086
   
$
1,079
 

(1)
An affiliate of Kinetik Holdings Inc. owns a noncontrolling 33% equity interest in Breviloba, which owns the Shin Oak NGL Pipeline.
(2)
An affiliate of Western Midstream Partners, LP (“Western Midstream”) owns a noncontrolling 20% equity interest in Whitethorn, which owns the Midland-to-Sealy section of our Midland-to-ECHO 1 Pipeline.
(3)
Navigator Ethylene Terminals LLC owns a noncontrolling 50% equity interest in ENET, which owns our ethylene export terminal located at Morgan’s Point on the Houston Ship Channel.
(4)
Primarily represents noncontrolling equity interests in NGL fractionation and pipeline businesses.
Declared Quarterly Cash Distribution Rates
The following table presents Enterprise’s declared quarterly cash distribution rates per common unit with respect to the quarter indicated.  Actual cash distributions are paid by Enterprise within 45 days after the end of each fiscal quarter.

 
 
Quarterly
Distribution Per
Common Unit
 
Record
Date
Payment
Date
2021:
     
 
   
1st Quarter
 
$
0.4500
 
4/30/2021
5/12/2021
2nd Quarter
 
$
0.4500
 
7/30/2021
8/12/2021
3rd Quarter
 
$
0.4500
 
10/29/2021
11/12/2021
4th Quarter
 
$
0.4650
 
1/31/2022
2/11/2022
2022:
              
1st Quarter
 
$
0.4650
 
4/29/2022
5/12/2022
2nd Quarter
 
$
0.4750
 
7/29/2022
8/12/2022
3rd Quarter
 
$
0.4750
 
10/31/2022
11/14/2022
4th Quarter
 
$
0.4900
 
1/31/2023
2/14/2023
2023:
       
 
    
1st Quarter
 
$
0.4900
 
4/28/2023
5/12/2023
2nd Quarter
 
$
0.5000
 
7/31/2023
8/14/2023
3rd Quarter
 
$
0.5000
 
10/31/2023
11/14/2023
4th Quarter
 
$
0.5150
 
1/31/2024
2/14/2024