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Reportable Segments (Tables)
 12 Months Ended
Dec. 31, 2019
Financial Information By Segment
The following tables present financial information by segment:
 
Years Ended December 31,
 
2019
 
2018
 
2017
Revenues:
 
 
 
 
 
Intrastate transportation and storage:
 
 
 
 
 
Revenues from external customers
$
2,749

 
$
3,428

 
$
2,891

Intersegment revenues
350

 
309

 
192

 
3,099

 
3,737

 
3,083

Interstate transportation and storage:
 
 
 
 
 
Revenues from external customers
1,941

 
1,664

 
1,112

Intersegment revenues
22

 
18

 
19

 
1,963

 
1,682

 
1,131

Midstream:
 
 
 
 
 
Revenues from external customers
2,280

 
2,090

 
2,510

Intersegment revenues
3,751

 
5,432

 
4,433

 
6,031

 
7,522

 
6,943

NGL and refined products transportation and services:
 
 
 
 
 
Revenues from external customers
9,920

 
10,119

 
7,885

Intersegment revenues
1,721

 
1,004

 
763

 
11,641

 
11,123

 
8,648

Crude oil transportation and services:
 
 
 
 
 
Revenues from external customers
18,447

 
17,236

 
11,672

Intersegment revenues
—

 
96

 
31

 
18,447

 
17,332

 
11,703

Investment in Sunoco LP:
 
 
 
 
 
Revenues from external customers
16,590

 
16,982

 
11,713

Intersegment revenues
6

 
12

 
10

 
16,596

 
16,994

 
11,723

Investment in USAC:
 
 
 
 
 
Revenues from external customers
678

 
495

 
—

Intersegment revenues
20

 
13

 
—

 
698

 
508

 
—

All other:
 
 
 
 
 
Revenues from external customers
1,608

 
2,073

 
2,740

Intersegment revenues
81

 
155

 
161

 
1,689

 
2,228

 
2,901

Eliminations
(5,951
)
 
(7,039
)
 
(5,609
)
Total revenues
$
54,213

 
$
54,087

 
$
40,523

 
Years Ended December 31,
 
2019
 
2018
 
2017
Cost of products sold:
 
 
 
 
 
Intrastate transportation and storage
$
1,909

 
$
2,665

 
$
2,327

Midstream
3,577

 
5,145

 
4,761

NGL and refined products transportation and services
8,393

 
8,462

 
6,508

Crude oil transportation and services
14,758

 
14,439

 
9,826

Investment in Sunoco LP
15,380

 
15,872

 
10,615

Investment in USAC
91

 
67

 
—

All other
1,504

 
2,006

 
2,509

Eliminations
(5,885
)
 
(6,998
)
 
(5,580
)
Total cost of products sold
$
39,727

 
$
41,658

 
$
30,966

 
Years Ended December 31,
 
2019
 
2018
 
2017
Depreciation, depletion and amortization:
 
 
 
 
 
Intrastate transportation and storage
$
184

 
$
169

 
$
147

Interstate transportation and storage
387

 
334

 
254

Midstream
1,066

 
1,006

 
954

NGL and refined products transportation and services
613

 
466

 
401

Crude oil transportation and services
437

 
445

 
402

Investment in Sunoco LP
181

 
167

 
169

Investment in USAC
231

 
169

 
—

All other
48

 
103

 
227

Total depreciation, depletion and amortization
$
3,147

 
$
2,859

 
$
2,554

 
Years Ended December 31,
 
2019
 
2018
 
2017
Equity in earnings (losses) of unconsolidated affiliates:
 
 
 
 
 
Intrastate transportation and storage
$
18

 
$
19

 
$
(156
)
Interstate transportation and storage
222

 
227

 
236

Midstream
20

 
26

 
20

NGL and refined products transportation and services
53

 
64

 
33

Crude oil transportation and services
(1
)
 
6

 
4

All other
(10
)
 
2

 
7

Total equity in earnings of unconsolidated affiliates
$
302

 
$
344

 
$
144


 
Years Ended December 31,
 
2019
 
2018
 
2017
Segment Adjusted EBITDA:
 
 
 
 
 
Intrastate transportation and storage
$
999

 
$
927

 
$
626

Interstate transportation and storage
1,792

 
1,680

 
1,274

Midstream
1,602

 
1,627

 
1,481

NGL and refined products transportation and services
2,666

 
1,979

 
1,641

Crude oil transportation and services
2,972

 
2,330

 
1,379

Investment in Sunoco LP
665

 
638

 
732

Investment in USAC
420

 
289

 
—

All Other
98

 
40

 
187

Total Segment Adjusted EBITDA
11,214

 
9,510

 
7,320

Depreciation, depletion and amortization
(3,147
)
 
(2,859
)
 
(2,554
)
Interest expense, net of interest capitalized
(2,331
)
 
(2,055
)
 
(1,922
)
Impairment losses
(74
)
 
(431
)
 
(1,039
)
Gains (losses) on interest rate derivatives
(241
)
 
47

 
(37
)
Non-cash compensation expense
(113
)
 
(105
)
 
(99
)
Unrealized gains (losses) on commodity risk management activities
(5
)
 
(11
)
 
59

Inventory valuation adjustments
79

 
(85
)
 
24

Losses on extinguishments of debt
(18
)
 
(112
)
 
(89
)
Adjusted EBITDA related to unconsolidated affiliates
(626
)
 
(655
)
 
(716
)
Equity in earnings of unconsolidated affiliates
302

 
344

 
144

Impairment of investments in unconsolidated affiliates
—

 
—

 
(313
)
Adjusted EBITDA related to discontinued operations
—

 
25

 
(223
)
Other, net
54

 
21

 
155

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, net of income taxes
—

 
(265
)
 
(177
)
Net income
$
4,899

 
$
3,365

 
$
2,366

 
December 31,
 
2019
 
2018
 
2017
Segment assets:
 
 
 
 
 
Intrastate transportation and storage
$
6,648

 
$
6,365

 
$
5,020

Interstate transportation and storage
18,111

 
15,081

 
15,316

Midstream
20,332

 
19,745

 
20,004

NGL and refined products transportation and services
19,145

 
18,267

 
17,600

Crude oil transportation and services
22,840

 
18,022

 
17,730

Investment in Sunoco LP
5,438

 
4,879

 
8,344

Investment in USAC
3,730

 
3,775

 
—

All other and eliminations
2,636

 
2,112

 
2,232

Total segment assets
$
98,880

 
$
88,246

 
$
86,246


 
Years Ended December 31,
 
2019
 
2018
 
2017
Additions to property, plant and equipment (1):
 
 
 
 
 
Intrastate transportation and storage
$
124

 
$
344

 
$
175

Interstate transportation and storage
375

 
812

 
728

Midstream
827

 
1,161

 
1,308

NGL and refined products transportation and services
2,976

 
2,381

 
2,971

Crude oil transportation and services
403

 
474

 
453

Investment in Sunoco LP
148

 
103

 
103

Investment in USAC
200

 
205

 
—

All other
215

 
150

 
268

Total additions to property, plant and equipment (1)
$
5,268

 
$
5,630

 
$
6,006


(1) 
Excluding acquisitions, net of contributions in aid of construction costs (capital expenditures related to the Partnership’s proportionate ownership on an accrual basis).
 
December 31,
 
2019
 
2018
 
2017
Advances to and investments in affiliates:
 
 
 
 
 
Intrastate transportation and storage
$
88

 
$
83

 
$
85

Interstate transportation and storage
2,524

 
2,070

 
2,118

Midstream
112

 
124

 
126

NGL and refined products transportation and services
461

 
243

 
234

Crude oil transportation and services
242

 
28

 
22

All other
33

 
94

 
120

Total advances to and investments in affiliates
$
3,460

 
$
2,642

 
$
2,705