XML 63 R41.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Reportable Segments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Financial Information By Segment | The following tables present financial information by segment:
| Years Ended December 31,
| 2021 |  | 2020 |  | 2019
Revenues: |  |  |  |  |
Intrastate transportation and storage: |  |  |  |  |
Revenues from external customers | $ | 7,307 |  |  | $ | 2,312 |  |  | $ | 2,749 |
Intersegment revenues | 1,264 |  |  | 232 |  |  | 350 |
| 8,571 |  |  | 2,544 |  |  | 3,099 |
Interstate transportation and storage: |  |  |  |  |
Revenues from external customers | 1,802 |  |  | 1,841 |  |  | 1,941 |
Intersegment revenues | 39 |  |  | 20 |  |  | 22 |
| 1,841 |  |  | 1,861 |  |  | 1,963 |
Midstream: |  |  |  |  |
Revenues from external customers | 2,620 |  |  | 1,944 |  |  | 2,280 |
Intersegment revenues | 8,696 |  |  | 3,082 |  |  | 3,751 |
| 11,316 |  |  | 5,026 |  |  | 6,031 |
NGL and refined products transportation and services: |  |  |  |  |
Revenues from external customers | 16,989 |  |  | 8,501 |  |  | 9,920 |
Intersegment revenues | 2,972 |  |  | 2,012 |  |  | 1,721 |
| 19,961 |  |  | 10,513 |  |  | 11,641 |
Crude oil transportation and services: |  |  |  |  |
Revenues from external customers | 17,442 |  |  | 11,674 |  |  | 18,447 |
Intersegment revenues | 4 |  |  | 5 |  |  | — |
| 17,446 |  |  | 11,679 |  |  | 18,447 |
Investment in Sunoco LP: |  |  |  |  |
Revenues from external customers | 17,571 |  |  | 10,653 |  |  | 16,590 |
Intersegment revenues | 25 |  |  | 57 |  |  | 6 |
| 17,596 |  |  | 10,710 |  |  | 16,596 |
Investment in USAC: |  |  |  |  |
Revenues from external customers | 621 |  |  | 655 |  |  | 678 |
Intersegment revenues | 12 |  |  | 12 |  |  | 20 |
| 633 |  |  | 667 |  |  | 698 |
All other: |  |  |  |  |
Revenues from external customers | 3,065 |  |  | 1,374 |  |  | 1,608 |
Intersegment revenues | 411 |  |  | 464 |  |  | 81 |
| 3,476 |  |  | 1,838 |  |  | 1,689 |
Eliminations | (13,423) |  |  | (5,884) |  |  | (5,951) |
Total revenues | $ | 67,417 |  |  | $ | 38,954 |  |  | $ | 54,213 |
| Years Ended December 31,
| 2021 |  | 2020 |  | 2019
Cost of products sold: |  |  |  |  |
Intrastate transportation and storage | $ | 4,769 |  |  | $ | 1,478 |  |  | $ | 1,909 |
Interstate transportation and storage | 11 |  |  | — |  |  | — |
Midstream | 8,569 |  |  | 2,598 |  |  | 3,577 |
NGL and refined products transportation and services | 16,248 |  |  | 7,139 |  |  | 8,393 |
Crude oil transportation and services | 14,759 |  |  | 8,838 |  |  | 14,832 |
Investment in Sunoco LP | 16,246 |  |  | 9,654 |  |  | 15,380 |
Investment in USAC | 85 |  |  | 82 |  |  | 91 |
All other | 3,068 |  |  | 1,527 |  |  | 1,504 |
Eliminations | (13,360) |  |  | (5,829) |  |  | (5,885) |
Total cost of products sold | $ | 50,395 |  |  | $ | 25,487 |  |  | $ | 39,801 |
| Years Ended December 31,
| 2021 |  | 2020 |  | 2019
Depreciation, depletion and amortization: |  |  |  |  |
Intrastate transportation and storage | $ | 191 |  |  | $ | 185 |  |  | $ | 184 |
Interstate transportation and storage | 457 |  |  | 411 |  |  | 387 |
Midstream | 1,190 |  |  | 1,140 |  |  | 1,066 |
NGL and refined products transportation and services | 778 |  |  | 667 |  |  | 613 |
Crude oil transportation and services | 588 |  |  | 640 |  |  | 437 |
Investment in Sunoco LP | 177 |  |  | 189 |  |  | 181 |
Investment in USAC | 239 |  |  | 239 |  |  | 231 |
All other | 197 |  |  | 207 |  |  | 48 |
Total depreciation, depletion and amortization | $ | 3,817 |  |  | $ | 3,678 |  |  | $ | 3,147 |
| Years Ended December 31,
| 2021 |  | 2020 |  | 2019
Equity in earnings (losses) of unconsolidated affiliates: |  |  |  |  |
Intrastate transportation and storage | $ | 20 |  |  | $ | 18 |  |  | $ | 18 |
Interstate transportation and storage | 140 |  |  | 17 |  |  | 222 |
Midstream | 24 |  |  | 24 |  |  | 20 |
NGL and refined products transportation and services | 51 |  |  | 60 |  |  | 53 |
Crude oil transportation and services | 10 |  |  | (2) |  |  | (1) |
All other | 1 |  |  | 2 |  |  | (10) |
Total equity in earnings of unconsolidated affiliates | $ | 246 |  |  | $ | 119 |  |  | $ | 302 |
| Years Ended December 31,
| 2021 |  | 2020 |  | 2019
Segment Adjusted EBITDA: |  |  |  |  |
Intrastate transportation and storage | $ | 3,483 |  |  | $ | 863 |  |  | $ | 999 |
Interstate transportation and storage | 1,515 |  |  | 1,680 |  |  | 1,792 |
Midstream | 1,868 |  |  | 1,670 |  |  | 1,602 |
NGL and refined products transportation and services | 2,828 |  |  | 2,802 |  |  | 2,666 |
Crude oil transportation and services | 2,023 |  |  | 2,258 |  |  | 2,898 |
Investment in Sunoco LP | 754 |  |  | 739 |  |  | 665 |
Investment in USAC | 398 |  |  | 414 |  |  | 420 |
All Other | 177 |  |  | 105 |  |  | 98 |
Total Segment Adjusted EBITDA | 13,046 |  |  | 10,531 |  |  | 11,140 |
Depreciation, depletion and amortization | (3,817) |  |  | (3,678) |  |  | (3,147) |
Interest expense, net of interest capitalized | (2,267) |  |  | (2,327) |  |  | (2,331) |
Impairment losses | (21) |  |  | (2,880) |  |  | (74) |
Gains (losses) on interest rate derivatives | 61 |  |  | (203) |  |  | (241) |
Non-cash compensation expense | (111) |  |  | (121) |  |  | (113) |
Unrealized gains (losses) on commodity risk management activities | 162 |  |  | (71) |  |  | (5) |
Inventory valuation adjustments | 190 |  |  | (82) |  |  | 79 |
Losses on extinguishments of debt | (38) |  |  | (75) |  |  | (18) |
Adjusted EBITDA related to unconsolidated affiliates | (523) |  |  | (628) |  |  | (626) |
Equity in earnings of unconsolidated affiliates | 246 |  |  | 119 |  |  | 302 |
Impairment of investments in unconsolidated affiliates | — |  |  | (129) |  |  | — |
Other, net | (57) |  |  | (79) |  |  | 54 |
Income before income tax expense | 6,871 |  |  | 377 |  |  | 5,020 |
Income tax expense | (184) |  |  | (237) |  |  | (195) |
Net income | $ | 6,687 |  |  | $ | 140 |  |  | $ | 4,825 |
| December 31,
| 2021 |  | 2020 |  | 2019
Segment assets: |  |  |  |  |
Intrastate transportation and storage | $ | 7,322 |  |  | $ | 6,308 |  |  | $ | 6,648 |
Interstate transportation and storage | 17,774 |  |  | 17,582 |  |  | 18,111 |
Midstream | 21,960 |  |  | 18,583 |  |  | 20,332 |
NGL and refined products transportation and services | 28,160 |  |  | 21,423 |  |  | 19,145 |
Crude oil transportation and services | 19,649 |  |  | 17,960 |  |  | 22,933 |
Investment in Sunoco LP | 5,815 |  |  | 5,267 |  |  | 5,438 |
Investment in USAC | 2,768 |  |  | 2,949 |  |  | 3,730 |
All other and eliminations | 2,515 |  |  | 5,072 |  |  | 2,636 |
Total segment assets | $ | 105,963 |  |  | $ | 95,144 |  |  | $ | 98,973 |
| Years Ended December 31,
| 2021 |  | 2020 |  | 2019
Additions to property, plant and equipment (1): |  |  |  |  |
Intrastate transportation and storage | $ | 52 |  |  | $ | 49 |  |  | $ | 124 |
Interstate transportation and storage | 159 |  |  | 150 |  |  | 375 |
Midstream | 484 |  |  | 487 |  |  | 827 |
NGL and refined products transportation and services | 751 |  |  | 2,403 |  |  | 2,976 |
Crude oil transportation and services | 343 |  |  | 291 |  |  | 403 |
Investment in Sunoco LP | 174 |  |  | 124 |  |  | 148 |
Investment in USAC | 60 |  |  | 119 |  |  | 200 |
All other | 135 |  |  | 136 |  |  | 215 |
Total additions to property, plant and equipment (1) | $ | 2,158 |  |  | $ | 3,759 |  |  | $ | 5,268 |
(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,
| 2021 |  | 2020 |  | 2019
Investments in unconsolidated affiliates: |  |  |  |  |
Intrastate transportation and storage | $ | 110 |  |  | $ | 89 |  |  | $ | 88 |
Interstate transportation and storage | 2,209 |  |  | 2,278 |  |  | 2,524 |
Midstream | 101 |  |  | 110 |  |  | 112 |
NGL and refined products transportation and services | 476 |  |  | 509 |  |  | 461 |
Crude oil transportation and services | — |  |  | 22 |  |  | 242 |
All other | 51 |  |  | 52 |  |  | 33 |
Total investments in unconsolidated affiliates | $ | 2,947 |  |  | $ | 3,060 |  |  | $ | 3,460 |

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration