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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 138 $ 180
Restricted cash 296 140
Inventories 3,356 3,352
Derivative assets 465 347
Prepaid and other current assets 543 457
Total current assets 13,453 12,248
Property, plant and equipment, net 47,436 45,804
Investments in unconsolidated affiliates 2,292 2,330
Intangible assets, net 3,671 3,770
Goodwill 5,608 5,608
Other assets 1,101 1,222
Total assets 73,561 70,982
Current liabilities:    
Current maturities of debt 2,049 1,300
Accrued product payables 9,859 8,911
Accrued interest 487 455
Derivative liabilities 450 396
Other current liabilities 708 675
Total current liabilities 14,809 13,131
Long-term debt 28,289 27,448
Deferred tax liabilities 625 611
Other long-term liabilities 992 984
Commitments and contingent liabilities
Redeemable preferred limited partner interests:    
Series A cumulative convertible preferred units (50,502 units outstanding at June 30, 2024 and 50,412 units outstanding at December 31, 2023) 49 49
Partners' equity:    
Common limited partner interests (2,170,301,640 units issued and outstanding at June 30, 2024 and 2,168,245,238 units issued and outstanding at December 31, 2023) 29,110 28,663
Treasury units, at cost (1,297) (1,297)
Accumulated other comprehensive income 176 307
Total partners' equity 27,989 27,673
Noncontrolling interests in consolidated subsidiaries 808 1,086
Total equity 28,797 28,759
Total liabilities, preferred units, and equity 73,561 70,982
Nonrelated Party [Member]    
Current assets:    
Accounts receivable, net 8,647 7,765
Current liabilities:    
Accounts payable 1,147 1,195
Related Party [Member]    
Current assets:    
Accounts receivable, net 8 7
Current liabilities:    
Accounts payable $ 109 $ 199