XML 33 R21.htm IDEA: XBRL DOCUMENT v3.21.1
Net Income per Unit
3 Months Ended
Mar. 31, 2021
Net Income Per Unit [Abstract]  
Net Income per Unit Net Income (Loss) per Common Unit
A reconciliation of the numerators and denominators of the basic and diluted net income per common unit computations is as follows:
Three Months Ended March 31,
20212020
(in millions, except units and per unit amounts)
Net income (loss) and comprehensive income (loss)$154 $(128)
Less:
Incentive distribution rights
18 18 
Distributions on nonvested phantom unit awards
Limited partners interest in net income (loss)
$134 $(148)
Weighted average common units outstanding:
Basic
83,342,828 83,013,768 
Dilutive effect of nonvested phantom unit awards (1)
798,433 — 
Diluted
84,141,261 83,013,768 
Net income per common unit:
Basic
$1.61 $(1.78)
Diluted
$1.60 $(1.78)