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v3.24.3

Business Segments and Related Information, Consolidated Revenues and Expenses (Details) - USD ($) $ in Millions | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2024 | Sep. 30, 2023 | Sep. 30, 2024 | Sep. 30, 2023
Consolidated Revenues [Abstract] |  |  |  |  |
Total consolidated revenues |  | $ 13,775 | $ 11,998 | $ 42,018 | $ 35,093
Operating costs and expenses: |  |  |  |  |
Cost of sales | [1] | 10,387 | 8,786 | 31,976 | 25,796
Other operating costs and expenses | [2] | 1,018 | 986 | 2,946 | 2,749
Depreciation, amortization and accretion |  | 601 | 583 | 1,791 | 1,692
Asset impairment charges |  | 27 | 11 | 51 | 27
Net losses (gains) attributable to asset sales and related matters |  | 0 | 0 | 5 | (4)
General and administrative costs |  | 61 | 59 | 184 | 172
Total consolidated costs and expenses |  | 12,094 | 10,425 | 36,953 | 30,432
NGL Pipelines & Services [Member] |  |  |  |  |
Consolidated Revenues [Abstract] |  |  |  |  |
Total consolidated revenues |  | 4,831 | 3,757 | 14,236 | 12,375
Crude Oil Pipelines & Services [Member] |  |  |  |  |
Consolidated Revenues [Abstract] |  |  |  |  |
Total consolidated revenues |  | 5,251 | 5,365 | 16,554 | 13,850
Natural Gas Pipelines & Services [Member] |  |  |  |  |
Consolidated Revenues [Abstract] |  |  |  |  |
Total consolidated revenues |  | 649 | 884 | 2,115 | 2,874
Petrochemical & Refined Products Services [Member] |  |  |  |  |
Consolidated Revenues [Abstract] |  |  |  |  |
Total consolidated revenues |  | $ 3,044 | $ 1,992 | $ 9,113 | $ 5,994
[1] | Cost of sales is a component of “Operating costs and expenses” as presented on our Unaudited Condensed Statements of Consolidated Operations. Fluctuations in these amounts are primarily due to changes in energy commodity prices and sales volumes associated with our marketing activities.
[2] | Represents the cost of operating our plants, pipelines and other fixed assets excluding: depreciation, amortization and accretion; asset impairment charges; and net losses (gains) attributable to asset sales and related matters.

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