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Consolidated Statements Of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
[1]
Dec. 31, 2015
[1]
REVENUES:      
Natural gas sales $ 4,172 $ 3,619 $ 3,671
NGL sales 6,972 4,841 3,935
Crude sales 10,184 6,766 8,378
Gathering, transportation and other fees 4,435 4,172 4,200
Refined product sales 11,975 10,097 11,321
Other 2,785 2,297 4,591
Total revenues 40,523 31,792 [2] 36,096
COSTS AND EXPENSES:      
Cost of products sold 30,966 23,693 28,668
Operating expenses 2,644 2,307 2,303
Depreciation, depletion and amortization 2,554 2,216 1,951
Selling, general and administrative 607 693 548
Impairment losses 1,039 1,040 339
Total costs and expenses 37,810 29,949 33,809
OPERATING INCOME 2,713 1,843 [2] 2,287
OTHER INCOME (EXPENSE):      
Interest expense, net (1,922) (1,804) (1,622)
Equity in earnings from unconsolidated affiliates 144 270 276
Impairment of investments in unconsolidated affiliates (313) (308) 0
Gains on acquisitions 0 83 0
Losses on extinguishments of debt (89) 0 (43)
Losses on interest rate derivatives (37) (12) (18)
Other, net 214 132 20
Income from continuing operations before income tax benefit 710 204 900
Income tax benefit from continuing operations (1,833) (258) (123)
INCOME FROM CONTINUING OPERATIONS 2,543 462 1,023
Income (loss) from discontinued operations, net of income taxes (177) (462) 38
NET INCOME 2,366 0 [2] 1,061
Less: Net income (loss) attributable to noncontrolling interest 1,412 (995) (128)
NET INCOME ATTRIBUTABLE TO PARTNERS 954 995 1,189
General Partner’s interest in net income 2 3 3
Convertible Unitholders’ interest in net income 37 9 0
Class D Unitholder’s interest in net income 0 0 3
Limited Partners’ interest in net income $ 915 $ 983 [2] $ 1,183
INCOME FROM CONTINUING OPERATIONS PER LIMITED PARTNER UNIT (USD $ per unit):      
Basic $ 0.86 $ 0.95 $ 1.11
Diluted 0.84 0.93 1.11
NET INCOME PER LIMITED PARTNER UNIT (USD $ per Unit):      
Basic 0.85 0.94 [2] 1.11
Diluted $ 0.83 $ 0.92 [2] $ 1.11
[1] * As adjusted. See Note 2.
[2] * As adjusted. See Note 2 and Note 3.