XML 58 R44.htm IDEA: XBRL DOCUMENT
v3.22.4

Commitments and Contingent Liabilities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Commitments and Contingencies [Abstract] |
Summary of Contractual Obligations | The following table summarizes our various contractual obligations at December 31, 2022. A description of each type of contractual obligation follows:
|  | Payment or Settlement due by Period |
Contractual Obligations |  | Total |  |  | 2023 |  |  | 2024 |  |  | 2025 |  |  | 2026 |  |  | 2027 |  |  | Thereafter |
Scheduled maturities of debt obligations |  | $ | 28,566 |  |  | $ | 1,745 |  |  | $ | 850 |  |  | $ | 1,150 |  |  | $ | 875 |  |  | $ | 575 |  |  | $ | 23,371 |
Estimated cash interest payments |  | $ | 27,324 |  |  | $ | 1,239 |  |  | $ | 1,200 |  |  | $ | 1,158 |  |  | $ | 1,124 |  |  | $ | 1,100 |  |  | $ | 21,503 |
Operating lease obligations |  | $ | 493 |  |  | $ | 71 |  |  | $ | 63 |  |  | $ | 49 |  |  | $ | 34 |  |  | $ | 31 |  |  | $ | 245 |
Purchase obligations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product purchase commitments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Estimated payment obligations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Natural gas |  | $ | 245 |  |  | $ | 109 |  |  | $ | 109 |  |  | $ | 27 |  |  | $ | – |  |  | $ | – |  |  | $ | – |
NGLs |  | $ | 4,043 |  |  | $ | 847 |  |  | $ | 841 |  |  | $ | 705 |  |  | $ | 414 |  |  | $ | 406 |  |  | $ | 830 |
Crude oil |  | $ | 13,138 |  |  | $ | 2,333 |  |  | $ | 2,293 |  |  | $ | 2,224 |  |  | $ | 1,902 |  |  | $ | 1,797 |  |  | $ | 2,589 |
Petrochemicals and refined products |  | $ | 194 |  |  | $ | 105 |  |  | $ | 89 |  |  | $ | – |  |  | $ | – |  |  | $ | – |  |  | $ | – |
Other |  | $ | 24 |  |  | $ | 7 |  |  | $ | 6 |  |  | $ | 4 |  |  | $ | 2 |  |  | $ | 2 |  |  | $ | 3 |
Service payment commitments |  | $ | 200 |  |  | $ | 40 |  |  | $ | 34 |  |  | $ | 17 |  |  | $ | 13 |  |  | $ | 13 |  |  | $ | 83 |
Operating Leases | The following table presents information regarding operating leases where we are the lessee at December 31, 2022:
Asset Category |  | ROU Asset Carrying Value (1) |  |  | Lease Liability Carrying Value (2) |  | Weighted- Average Remaining Term |  | Weighted- Average Discount Rate (3) |
Storage and pipeline facilities |  | $ | 191 |  |  | $ | 193 |  | 10 years |  |  | 3.7 | %
Transportation equipment |  |  | 17 |  |  |  | 17 |  | 4 years |  |  | 3.5 | %
Office and warehouse space |  |  | 157 |  |  |  | 191 |  | 14 years |  |  | 3.0 | %
Total |  | $ | 365 |  |  | $ | 401 |  |  |  |  |  |
(1) | ROU asset amounts are a component of “Other assets” on our Consolidated Balance Sheet.
(2) | At December 31, 2022, lease liabilities of $60 million and $341 million were included within “Other current liabilities” and “Other long-term liabilities,” respectively.
(3) | The discount rate for each category of assets represents the weighted average incremental borrowing rate adjusted for collateralization (if the implicit rate is not determinable). In general, the discount rates are based on either (i) information available at the lease commencement date or (ii) January 1, 2019 for leases existing at the adoption date for ASC 842.
Consolidated Lease Expense | The following table disaggregates our total operating lease expense for the years indicated:
|  | For the Year Ended December, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
Long-term operating leases: |  |  |  |  |  |  |  |  |
Fixed lease expense: |  |  |  |  |  |  |  |  |
Non-cash lease expense (amortization of ROU assets) |  | $ | 59 |  |  | $ | 41 |  |  | $ | 39 |
Related accretion expense on lease liability balances |  |  | 12 |  |  |  | 12 |  |  |  | 13 |
Total fixed lease expense |  |  | 71 |  |  |  | 53 |  |  |  | 52 |
Variable lease expense |  |  | 6 |  |  |  | 1 |  |  |  | – |
Subtotal operating lease expense |  |  | 77 |  |  |  | 54 |  |  |  | 52 |
Short-term operating leases |  |  | 91 |  |  |  | 54 |  |  |  | 50 |
Total operating lease expense |  | $ | 168 |  |  | $ | 108 |  |  | $ | 102 |
Schedule of Other Liabilities | The following table summarizes the components of “Other long-term liabilities” as presented on our Consolidated Balance Sheets at the dates indicated:
|  | December 31, |
|  | 2022 |  |  | 2021 |
Noncurrent portion of AROs (see Note 4) |  | $ | 214 |  |  | $ | 159 |
Deferred revenues – non-current portion (see Note 9) |  |  | 320 |  |  |  | 250 |
Lease liability – non-current portion |  |  | 341 |  |  |  | 339 |
Derivative liabilities |  |  | 58 |  |  |  | 2 |
Other |  |  | 8 |  |  |  | 10 |
Total |  | $ | 941 |  |  | $ | 760 |

X
- Definition Tabular disclosure of information on lessee's operating leases, including carrying value of right-of-use assets and lease liabilities, weighted-average remaining term and weighted-average discount rate. + References No definition available. + Details
Name: | epd_LesseeOperatingLeaseInformationTableTextBlock
Namespace Prefix: | epd_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 303 -Paragraph (a) -Subparagraph (5) + Details
Name: | srt_ContractualObligationFiscalYearMaturityScheduleTableTextBlock
Namespace Prefix: | srt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets and liabilities, classified as other. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherAssetsAndOtherLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration