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Revenue (Tables)
6 Months Ended
Jun. 30, 2021
Revenue [Abstract]  
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]
The following table summarizes the consolidated activity of our contract liabilities:
Contract Liabilities
Balance, December 31, 2020$308 
Additions434 
Revenue recognized(357)
Balance, June 30, 2021$385 
Balance, December 31, 2019$377 
Additions413 
Revenue recognized(405)
Balance, June 30, 2020$385 
The balances of Sunoco LP’s contract assets were as follows:
June 30,
2021
December 31,
2020
Contract balances:
Contract assets
$135 $121 
Accounts receivable from contracts with customers
422 256 
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
As of June 30, 2021, the aggregate amount of transaction price allocated to unsatisfied (or partially satisfied) performance obligations was $39.94 billion, and the Partnership expects to recognize this amount as revenue within the time bands illustrated below:
Years Ending December 31,
2021
(remainder)20222023ThereafterTotal
Revenue expected to be recognized on contracts with customers existing as of June 30, 2021$3,201 $5,877 $5,235 $25,630 $39,943