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Consolidated Statements Of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Gains on acquisitions $ 83 $ 0 $ 0
REVENUES:      
Natural gas sales 3,619 3,671 5,386
NGL sales 4,841 3,935 5,845
Crude sales 6,766 8,378 16,416
Gathering, transportation and other fees 4,172 4,200 3,733
Refined product sales 8,896 9,933 17,068
Other 1,808 4,087 4,191
Total revenues 30,102 34,204 52,639
COSTS AND EXPENSES:      
Cost of products sold 22,636 27,435 45,861
Operating expenses 1,727 1,728 1,811
Depreciation, depletion and amortization 2,166 1,904 1,669
Selling, general and administrative 693 548 556
Impairment losses 970 339 370
Total costs and expenses 28,192 31,954 50,267
OPERATING INCOME 1,910 2,250 2,372
OTHER INCOME (EXPENSE):      
Interest expense, net (1,803) (1,621) (1,368)
Equity in earnings from unconsolidated affiliates 270 276 332
Impairment of investment in an unconsolidated affiliate (308) 0 0
Gains on acquisitions 83 0 0
Gain on sale of AmeriGas common units 0 0 177
Losses on extinguishments of debt 0 (43) (25)
Losses on interest rate derivatives (12) (18) (157)
Other, net 132 20 (12)
Income from continuing operations before income tax expense 272 864 1,319
Income tax expense (benefit) from continuing operations (248) (148) 325
INCOME FROM CONTINUING OPERATIONS 520 1,012 994
Income (loss) from discontinued operations, net of income taxes (479) 81 130
NET INCOME 41 1,093 1,124
Less: Net income (loss) attributable to noncontrolling interest (954) (96) 491
NET INCOME ATTRIBUTABLE TO PARTNERS 995 1,189 633
General Partner’s interest in net income 3 3 2
Convertible Unitholders’ interest in income 9 0 0
Class D Unitholder’s interest in net income 0 3 2
Limited Partners’ interest in net income $ 983 $ 1,183 $ 629
INCOME FROM CONTINUING OPERATIONS PER LIMITED PARTNER UNIT (USD $ per unit):      
Basic $ 0.95 $ 1.11 $ 0.57
Diluted 0.93 1.11 0.57
NET INCOME PER LIMITED PARTNER UNIT (USD $ per Unit):      
Basic 0.94 1.11 0.58
Diluted $ 0.92 $ 1.11 $ 0.58