Energy Transfer LP
For the period ended Mar 31, 2025. Filed May 8, 2025.
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Mar 31, 2025 · Filed May 8, 2025
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8. Redeemable Noncontrolling Interests
- REDEEMABLE NONCONTROLLING INTERESTS
Certain redeemable noncontrolling interests in the Partnership’s subsidiaries were reflected as mezzanine equity on the consolidated balance sheets. Redeemable noncontrolling interests as of March 31, 2025 and December 31, 2024 included a balance of $169 million related to the USAC Series A preferred units and $225 million related to Crestwood Niobrara LLC preferred units. Additionally, as of March 31, 2025 and December 31, 2024, redeemable noncontrolling interests included a balance of $24 million and $23 million, respectively, related to noncontrolling interest holders in one of the Partnership’s consolidated subsidiaries that have the option to sell their interests to the Partnership.
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