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Acquisitions and Divestitures (Tables)

6 Months Ended

Jun. 30, 2024

Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

As of June 30, 2024, our preliminary allocation of the purchase price for acquisitions are detailed below.

															Assignment of Purchase Price
Ref						Acquisition			Purchase price						Current assets						Property, plant & equipment						Other long-term assets						Current liabilities						Long-term liabilities						Non-controlling interest						Resulting goodwill
									(In millions)
(1)						North McElroy Unit			$	60					$	1					$	101					$	—					$	—					$	(42)					$	—					$	—
(2)						STX Midstream(a)			1,829						25						1,199						549						(6)						—						(66)						128

(a)The purchase price allocation for the STX Midstream acquisition is preliminary.

Schedule of Goodwill

Changes in the amounts of our goodwill for the six months ended June 30, 2024 are summarized by reporting unit as follows:

			Natural Gas Pipelines Regulated						Natural Gas Pipelines Non-Regulated						CO2						Products Pipelines						Products Pipelines Terminals						Terminals						Energy Transition Ventures						Total
			(In millions)
Goodwill as of December 31, 2023			$	14,249					$	2,499					$	928					$	1,378					$	151					$	802					$	114					$	20,121
Acquisition(a)			—						(28)						—						—						—						—						—						(28)
Divestitures(b)			—						—						(9)						—						—						—						—						(9)
Goodwill as of June 30, 2024			$	14,249					$	2,471					$	919					$	1,378					$	151					$	802					$	114					$	20,084

(a)Reflects adjustment to purchase price allocation related to the December 2023 STX Midstream acquisition.

(b)Associated with our CO2 business segment assets that were divested in June 2024.

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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

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