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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,434 $ 180
Restricted cash 239 140
Inventories 3,319 3,352
Derivative assets 626 347
Prepaid and other current assets 565 457
Total current assets 14,385 12,248
Property, plant and equipment, net 48,099 45,804
Investments in unconsolidated affiliates 2,268 2,330
Intangible assets, net 3,619 3,770
Goodwill 5,608 5,608
Other assets 1,083 1,222
Total assets 75,062 70,982
Current liabilities:    
Current maturities of debt 1,149 1,300
Accrued product payables 9,219 8,911
Accrued interest 270 455
Derivative liabilities 616 396
Other current liabilities 810 675
Total current liabilities 13,404 13,131
Long-term debt 30,756 27,448
Deferred tax liabilities 634 611
Other long-term liabilities 1,060 984
Commitments and contingent liabilities
Redeemable preferred limited partner interests:    
Series A cumulative convertible preferred units (50,594 units outstanding at September 30, 2024 and 50,412 units outstanding at December 31, 2023) 50 49
Partners' equity:    
Common limited partner interests (2,167,752,040 units issued and outstanding at September 30, 2024 and 2,168,245,238 units issued and outstanding at December 31, 2023) 29,343 28,663
Treasury units, at cost (1,297) (1,297)
Accumulated other comprehensive income 303 307
Total partners' equity 28,349 27,673
Noncontrolling interests in consolidated subsidiaries 809 1,086
Total equity 29,158 28,759
Total liabilities, preferred units, and equity 75,062 70,982
Nonrelated Party [Member]    
Current assets:    
Accounts receivable, net 8,197 7,765
Current liabilities:    
Accounts payable 1,203 1,195
Related Party [Member]    
Current assets:    
Accounts receivable, net 5 7
Current liabilities:    
Accounts payable $ 137 $ 199