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Reportable Segments (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information by segment follows: 

			Year Ended December 31,
			2023						2022						2021
			(In millions)
Revenues
Natural Gas Pipelines
Revenues from external customers			$	9,152					$	12,659					$	11,644
Intersegment revenues			16						27						65
Products Pipelines			3,066						3,418						2,245
Terminals
Revenues from external customers			1,911						1,789						1,712
Intersegment revenues			6						3						3
CO2
Revenues from external customers			1,205						1,334						1,009
Intersegment revenues			4						—						—
Corporate and intersegment eliminations			(26)						(30)						(68)
Total consolidated revenues			$	15,334					$	19,200					$	16,610

			Year Ended December 31,
			2023						2022						2021
			(In millions)
Operating expenses(a)
Natural Gas Pipelines			$	4,700					$	8,562					$	7,000
Products Pipelines			2,024						2,391						1,239
Terminals			896						853						793
CO2			550						554						289
Corporate and intersegment eliminations			(4)						(9)						(34)
Total consolidated operating expenses			$	8,166					$	12,351					$	9,287

			Year Ended December 31,
			2023						2022						2021
			(In millions)
Other expense (income)(b)
Natural Gas Pipelines			$	(12)					$	(13)					$	1,597
Products Pipelines			4						(12)						—
Terminals			(2)						(14)						32
CO2			—						(1)						(8)
Corporate			(3)						1						(4)
Total consolidated other expense (income)			$	(13)					$	(39)					$	1,617

			Year Ended December 31,
			2023						2022						2021
			(In millions)
DD&A
Natural Gas Pipelines			$	1,041					$	1,096					$	1,099
Products Pipelines			367						336						335
Terminals			493						458						440
CO2			325						272						236
Corporate			24						24						25
Total consolidated DD&A			$	2,250					$	2,186					$	2,135

			Year Ended December 31,
			2023						2022						2021
			(In millions)
Earnings from equity investments and amortization of excess cost of equity investments
Natural Gas Pipelines			$	746					$	650					$	435
Products Pipelines			(6)						33						34
Terminals			9						14						15
CO2			23						31						29
Total consolidated equity earnings			$	772					$	728					$	513

			Year Ended December 31,
			2023						2022						2021
			(In millions)
Other, net-income (expense)
Natural Gas Pipelines			$	26					$	(19)					$	216
Products Pipelines			1						—						1
Terminals			8						8						3
Corporate			(72)						66						62
Total consolidated other, net-income (expense)			$	(37)					$	55					$	282

			Year Ended December 31,
			2023						2022						2021
			(In millions)
Segment EBDA(c)
Natural Gas Pipelines			$	5,282					$	4,801					$	3,815
Products Pipelines			1,062						1,107						1,064
Terminals			1,040						975						908
CO2			689						819						760
Total Segment EBDA			8,073						7,702						6,547
DD&A			(2,250)						(2,186)						(2,135)
Amortization of excess cost of equity investments			(66)						(75)						(78)
General and administrative and corporate charges			(759)						(593)						(623)
Interest, net			(1,797)						(1,513)						(1,492)
Income tax expense			(715)						(710)						(369)
Total consolidated net income			$	2,486					$	2,625					$	1,850

			Year Ended December 31,
			2023						2022						2021
			(In millions)
Capital expenditures
Natural Gas Pipelines			$	1,299					$	666					$	570
Products Pipelines			221						—						122
Terminals			406						552						332
CO2			355						371						230
Corporate			36						32						27
Total consolidated capital expenditures			$	2,317					$	1,621					$	1,281

			December 31,
			2023						2022
			(In millions)
Investments
Natural Gas Pipelines			$	7,273					$	6,993
Products Pipelines			390						445
Terminals			130						128
CO2			81						87
Total consolidated investments			$	7,874					$	7,653

			December 31,
			2023						2022
			(In millions)
Other intangibles, net
Natural Gas Pipelines			$	742					$	439
Products Pipelines			687						777
Terminals			26						38
CO2			502						555
Total consolidated other intangibles, net			$	1,957					$	1,809

			December 31,
			2023						2022
			(In millions)
Assets
Natural Gas Pipelines			$	49,883					$	47,978
Products Pipelines			8,781						8,985
Terminals			8,235						8,357
CO2			3,497						3,449
Corporate assets(d)			624						1,309
Total consolidated assets			$	71,020					$	70,078

(a)Includes costs of sales, operations and maintenance expenses, and taxes, other than income taxes.

(b)Includes (gain) loss on divestitures and impairments, net and other (expense) income, net.

(c)Includes revenues, earnings from equity investments, and other, net, less operating expenses, (gain) loss on divestitures and impairments, net and other (expense) income, net.

(d)Includes cash and cash equivalents, restricted deposits, certain prepaid assets and deferred charges, risk management assets related to derivative contracts, corporate headquarters in Houston, Texas and miscellaneous corporate assets (such as information technology, telecommunications equipment and legacy activity) not allocated to our reportable segments.

Schedule of Revenue and Long-lived Assets from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]

Following is geographic information regarding the revenues and long-lived assets of our business:

			Year Ended December 31,
			2023						2022						2021
			(In millions)
Revenues from external customers
U.S.			$	15,255					$	19,036					$	16,479
Mexico and other foreign			79						164						131
Total consolidated revenues from external customers			$	15,334					$	19,200					$	16,610

			December 31,
			2023						2022						2021
			(In millions)
Long-term assets, excluding goodwill and other intangibles
U.S.			$	46,328					$	44,425					$	44,916
Mexico and other foreign			72						75						78
Canada			—						1						1
Total consolidated long-lived assets			$	46,400					$	44,501					$	44,995

X

- Definition

Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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