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Consolidated Statements Of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
REVENUES:    
Total revenues $ 16,995 $ 11,627
COSTS AND EXPENSES:    
Cost of products sold 10,948 8,291
Operating expenses 820 879
Depreciation, depletion and amortization 954 867
Selling, general and administrative 201 204
Impairment losses 3 1,325
Total costs and expenses 12,926 11,566
OPERATING INCOME 4,069 61
OTHER INCOME (EXPENSE):    
Interest expense, net of interest capitalized (589) (602)
Equity in earnings (losses) of unconsolidated affiliates 55 (7)
Losses on extinguishments of debt (7) (62)
Gains (losses) on interest rate derivatives 194 (329)
Other, net (6) 3
INCOME (LOSS) BEFORE INCOME TAX EXPENSE 3,716 (936)
Income tax expense 75 28
NET INCOME (LOSS) 3,641 (964)
Less: Net income (loss) attributable to noncontrolling interests 341 (121)
Less: Net income attributable to redeemable noncontrolling interests 12 12
NET INCOME (LOSS) ATTRIBUTABLE TO PARTNERS 3,288 (855)
General Partner’s interest in net income (loss) 3 (1)
Limited Partners’ interest in net income (loss) $ 3,285 $ (854)
NET INCOME (LOSS) PER LIMITED PARTNER UNIT:    
Basic $ 1.22 $ (0.32)
Diluted $ 1.21 $ (0.32)
Refined product sales    
REVENUES:    
Total revenues $ 3,524 $ 3,232
Crude sales    
REVENUES:    
Total revenues 2,988 3,543
NGL sales    
REVENUES:    
Total revenues 2,906 1,689
Gathering, transportation and other fees    
REVENUES:    
Total revenues 2,266 2,385
Natural gas sales    
REVENUES:    
Total revenues 5,124 588
Other    
REVENUES:    
Total revenues $ 187 $ 190