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Partners' Capital and Distributions (Tables)
6 Months Ended
Jun. 30, 2022
Limited Partners' Capital Account  
Schedule of activity for preferred units and common units
The following tables present the activity for our preferred and common units:

 Limited Partners
 Series A Preferred UnitsSeries B Preferred UnitsCommon Units
Outstanding at December 31, 202171,090,468 800,000 704,991,540 
Repurchase and cancellation of common units under the Common Equity Repurchase Program— — (2,375,299)
Issuances of common units under equity-indexed compensation plans— — 51,937 
Outstanding at March 31, 202271,090,468 800,000 702,668,178 
Repurchase and cancellation of common units under Common Equity Repurchase Program— — (4,876,062)
Issuances of common units under equity-indexed compensation plans
— — 147,830 
Outstanding at June 30, 202271,090,468 800,000 697,939,946 

 
 Limited Partners
 Series A Preferred UnitsSeries B Preferred UnitsCommon Units
Outstanding at December 31, 202071,090,468 800,000 722,380,416 
Repurchase and cancellation of common units under the Common Equity Repurchase Program— — (350,000)
Issuances of common units under equity-indexed compensation plans— — 25,431 
Outstanding at March 31, 202171,090,468 800,000 722,055,847 
Repurchase and cancellation of common units under Common Equity Repurchase Program— — (4,940,592)
Issuances of common units under equity-indexed compensation plans— — 256,321 
Outstanding at June 30, 202171,090,468 800,000 717,371,576 
Series A Preferred Units  
Limited Partners' Capital Account  
Schedule of distributions The following table details distributions to our Series A preferred unitholders paid during or pertaining to the first six months of 2022 (in millions, except per unit data):
Series A Preferred Unitholders
Distribution Payment DateCash DistributionDistribution per Unit
August 12, 2022 (1)
$37 $0.525 
May 13, 2022$37 $0.525 
February 14, 2022$37 $0.525 
(1)Payable to unitholders of record at the close of business on July 29, 2022 for the period from April 1, 2022 through June 30, 2022. At June 30, 2022, such amount was accrued as distributions payable in “Other current liabilities” on our Condensed Consolidated Balance Sheet.
Series B Preferred Units  
Limited Partners' Capital Account  
Schedule of distributions The following table details distributions paid to our Series B preferred unitholders (in millions, except per unit data):
Series B Preferred Unitholders
Distribution Payment DateCash Distribution Distribution per Unit
May 16, 2022$24.5 $30.625 
Common Units  
Limited Partners' Capital Account  
Schedule of distributions The following table details distributions to our common unitholders paid during or pertaining to the first six months of 2022 (in millions, except per unit data):
DistributionsCash Distribution per Common Unit
Common UnitholdersTotal Cash Distribution
Distribution Payment DatePublicAAP
August 12, 2022 (1)
$99 $53 $152 $0.2175 
May 13, 2022$100 $53 $153 $0.2175 
February 14, 2022$84 $43 $127 $0.1800 
(1)Payable to unitholders of record at the close of business on July 29, 2022 for the period from April 1, 2022 through June 30, 2022.