XML 52 R35.htm IDEA: XBRL DOCUMENT v3.25.4

Investments in Unconsolidated Affiliates (Tables)

12 Months Ended

Dec. 31, 2025

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Investments in Unconsolidated Affiliates

The following table presents our investments in unconsolidated affiliates by business segment at the dates indicated. We account for these investments using the equity method.

			Ownership Interest at December 31, 2025						December 31,
									2025						2024
NGL Pipelines & Services:
Venice Energy Service Company, L.L.C. (“VESCO”)			13.1%						$	24					$	24
K/D/S Promix, L.L.C. (“Promix”)			50%						21						22
Baton Rouge Fractionators LLC (“BRF”)			32.2%						12						12
Skelly-Belvieu Pipeline Company, L.L.C. (“Skelly-Belvieu”)			50%						21						25
Texas Express Pipeline LLC (“Texas Express”)			35%						287						299
Texas Express Gathering LLC (“TEG”)			45%						32						33
Front Range Pipeline LLC (“Front Range”)			33.3%						175						183
Total NGL Pipelines & Services									572						598
Crude Oil Pipelines & Services:
Seaway Crude Holdings LLC (“Seaway”)			50%						1,120						1,147
Eagle Ford Pipeline LLC (“Eagle Ford Crude Oil Pipeline”)			50%						351						368
Eagle Ford Terminals Corpus Christi LLC (“Eagle Ford Corpus Christi”)			50%						110						113
Total Crude Oil Pipelines & Services									1,581						1,628
Natural Gas Pipelines & Services:
White River Hub, LLC (“White River Hub”)			50%						16						16
Old Ocean Pipeline, LLC (“Old Ocean”)			50%						15						14
Total Natural Gas Pipelines & Services									31						30
Petrochemical & Refined Products Services:
Baton Rouge Propylene Concentrator LLC (“BRPC”)			30%						1						1
Transport 4, LLC (“Transport 4”) (1)									–						2
Total Petrochemical & Refined Products Services									1						3
Total investments in unconsolidated affiliates									$	2,185					$	2,259

(1)In June 2025, we sold our 25% membership interest in Transport 4 to third parties for cash proceeds of $8 million and recorded a $6 million gain.

The following table presents our equity in income of unconsolidated affiliates by business segment for the years indicated:

									For the Year Ended December 31,
															2025						2024						2023
NGL Pipelines & Services															$	83					$	117					$	133
Crude Oil Pipelines & Services															271						285						320
Natural Gas Pipelines & Services															5						5						6
Petrochemical & Refined Products Services															2						1						3
Total															$	361					$	408					$	462

X

- References

No definition available.

+ Details

Name:	us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481687/323-10-50-3

+ Details

Name:	us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration