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Reportable Segments (Tables) | 6 Months Ended
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Jun. 30, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Financial information by segment follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
| (In millions)
Revenues |  |  |  |  |  |  |
Natural Gas Pipelines |  |  |  |  |  |  |
Revenues from external customers | $ | 1,990 |  |  | $ | 1,987 |  |  | $ | 4,323 |  |  | $ | 4,450 |
Intersegment revenues | 3 |  |  | 4 |  |  | 6 |  |  | 7 |
Products Pipelines | 776 |  |  | 735 |  |  | 1,504 |  |  | 1,403 |
Terminals |  |  |  |  |  |  |
Revenues from external customers | 508 |  |  | 477 |  |  | 1,002 |  |  | 937 |
Intersegment revenues | 1 |  |  | 1 |  |  | 3 |  |  | 2 |
CO 2 |  |  |  |  |  |  |
Revenues from external customers | 298 |  |  | 302 |  |  | 585 |  |  | 599 |
Intersegment revenues | — |  |  | — |  |  | 1 |  |  | — |
Corporate and intersegment eliminations | (4) |  |  | (5) |  |  | (10) |  |  | (9) |
Total consolidated revenues | $ | 3,572 |  |  | $ | 3,501 |  |  | $ | 7,414 |  |  | $ | 7,389 |
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
| (In millions)
Segment EBDA(a) |  |  |  |  |  |  |
Natural Gas Pipelines | $ | 1,227 |  |  | $ | 1,255 |  |  | $ | 2,741 |  |  | $ | 2,750 |
Products Pipelines | 301 |  |  | 285 |  |  | 593 |  |  | 469 |
Terminals | 281 |  |  | 261 |  |  | 550 |  |  | 515 |
CO 2 | 206 |  |  | 175 |  |  | 364 |  |  | 347 |
Total Segment EBDA | 2,015 |  |  | 1,976 |  |  | 4,248 |  |  | 4,081 |
DD&A | (584) |  |  | (557) |  |  | (1,171) |  |  | (1,122) |
Amortization of excess cost of equity investments | (13) |  |  | (19) |  |  | (25) |  |  | (36) |
General and administrative and corporate charges | (184) |  |  | (179) |  |  | (364) |  |  | (358) |
Interest, net | (464) |  |  | (443) |  |  | (936) |  |  | (888) |
Income tax expense | (168) |  |  | (168) |  |  | (377) |  |  | (364) |
Total consolidated net income | $ | 602 |  |  | $ | 610 |  |  | $ | 1,375 |  |  | $ | 1,313 |
| June 30, 2024 |  | December 31, 2023
| (In millions)
Assets |  |  |
Natural Gas Pipelines | $ | 49,702 |  |  | $ | 49,883 |
Products Pipelines | 8,674 |  |  | 8,781 |
Terminals | 8,164 |  |  | 8,235 |
CO 2 | 3,541 |  |  | 3,497 |
Corporate assets(b) | 621 |  |  | 624 |
Total consolidated assets | $ | 70,702 |  |  | $ | 71,020 |
(a)Includes revenues; earnings from equity investments; operating expense s; gain on divestitures, net; other income, net; and other, net. Operating expenses include costs of sales, operations and maintenance expenses, and taxes, other than income taxes. (b)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.

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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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