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Consolidated Statements Of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUES:      
Total revenues $ 54,213 $ 54,087 $ 40,523
COSTS AND EXPENSES:      
Cost of Goods and Services Sold 39,727 41,658 30,966
Operating expenses 3,294 3,089 2,644
Depreciation, depletion and amortization 3,147 2,859 2,554
Selling, general and administrative 694 702 599
Impairment losses 74 431 1,039
Total costs and expenses 46,936 48,739 37,802
OPERATING INCOME 7,277 5,348 2,721
OTHER INCOME (EXPENSE):      
Interest expense, net of interest capitalized (2,331) (2,055) (1,922)
Equity in earnings of unconsolidated affiliates 302 344 144
Impairment of investments in unconsolidated affiliates 0 0 (313)
Losses on extinguishments of debt (18) (112) (89)
Gains (losses) on interest rate derivatives (241) 47 (37)
Other, net 105 62 206
Income from continuing operations before income tax (expense) benefit 5,094 3,634 710
Income tax expense (benefit) from continuing operations 195 4 (1,833)
INCOME FROM CONTINUING OPERATIONS 4,899 3,630 2,543
Loss from discontinued operations 0 (265) (177)
NET INCOME 4,899 3,365 2,366
Less: Net income attributable to noncontrolling interests 1,256 1,632 1,412
Less: Net income attributable to redeemable noncontrolling interests 51 39 0
NET INCOME ATTRIBUTABLE TO PARTNERS 3,592 1,694 954
General Partner’s interest in net income 4 3 2
Convertible Unitholders’ interest in net income 0 33 37
Limited Partners’ interest in net income $ 3,588 $ 1,658 $ 915
INCOME FROM CONTINUING OPERATIONS PER LIMITED PARTNER UNIT (USD $ per unit):      
Basic $ 1.37 $ 1.17 $ 0.86
Diluted 1.36 1.16 0.84
NET INCOME PER LIMITED PARTNER UNIT (USD $ per Unit):      
Basic 1.37 1.16 0.85
Diluted $ 1.36 $ 1.15 $ 0.83
Refined product sales      
REVENUES:      
Revenue from Contract with Customer, Including Assessed Tax $ 16,752 $ 17,458 $ 11,166
Crude sales      
REVENUES:      
Revenue from Contract with Customer, Including Assessed Tax 15,917 14,425 10,706
Natural gas sales      
REVENUES:      
Revenue from Contract with Customer, Including Assessed Tax 3,295 4,452 4,172
Gathering, transportation and other fees      
REVENUES:      
Revenue from Contract with Customer, Including Assessed Tax 9,086 6,797 4,435
NGL sales      
REVENUES:      
Revenue from Contract with Customer, Including Assessed Tax 8,290 9,986 7,781
Other      
REVENUES:      
Revenue from Contract with Customer, Including Assessed Tax $ 873 $ 969 $ 2,263