v3.25.3
Equity
 9 Months Ended
Sep. 30, 2025
Partners' Capital [Abstract]  
Partners' Capital Equity
As of September 30, 2025, Energy Transfer and its subsidiaries owned 28,463,967 of our common units and the public owned 108,140,596 of our common units. As of September 30, 2025, our wholly owned subsidiaries owned all of the 16,410,780 Class C units representing limited partner interests in the Partnership.
Sunoco Common Units
The change in our outstanding common units for the nine months ended September 30, 2025 was as follows: 
Number of Units
Number of common units at December 31, 2024
136,228,535 
Phantom unit vesting32,606 
Units issued in acquisitions343,422 
Number of common units at September 30, 2025
136,604,563 
Cash Distributions on Sunoco Common Units
Our partnership agreement sets forth the calculation used to determine the amount and priority of cash distributions that the common unitholders receive.
Cash distributions declared and/or paid with respect to Sunoco common units subsequent to December 31, 2024 were as follows:
Limited Partners
Period EndedRecord DatePayment DatePer Unit DistributionTotal Cash DistributionDistribution to IDR Holders
December 31, 2024February 7, 2025February 19, 2025$0.8865 $121 $37 
March 31, 2025May 9, 2025May 20, 20250.8976 122 39 
June 30, 2025August 8, 2025August 19, 20250.9088 124 41 
September 30, 2025October 30, 2025November 19, 20250.9202 126 42 
Accumulated Other Comprehensive Income
The following table presents the components of AOCI, net of tax:
September 30,
2025		December 31,
2024
Foreign currency translation adjustment$(4)$(1)
Actuarial gains related to pensions and other postretirement benefits2 3 
Total AOCI included in partners’ capital, net of tax$(2)$2