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Consolidated Statements Of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
REVENUES:      
Total revenues $ 67,417 $ 38,954 $ 54,213
COSTS AND EXPENSES:      
Cost of products sold 50,395 25,487 39,801
Operating expenses 3,574 3,218 3,294
Depreciation, depletion and amortization 3,817 3,678 3,147
Selling, general and administrative 818 711 694
Impairment losses 21 2,880 74
Total costs and expenses 58,625 35,974 47,010
OPERATING INCOME 8,792 2,980 7,203
OTHER INCOME (EXPENSE):      
Interest expense, net of interest capitalized (2,267) (2,327) (2,331)
Equity in earnings of unconsolidated affiliates 246 119 302
Impairment of investments in unconsolidated affiliates 0 (129) 0
Losses on extinguishments of debt (38) (75) (18)
Gains (losses) on interest rate derivatives 61 (203) (241)
Other, net 77 12 105
Income before income tax expense 6,871 377 5,020
Income tax expense 184 237 195
NET INCOME 6,687 140 4,825
Less: Net income attributable to noncontrolling interests 1,167 739 1,256
Less: Net income attributable to redeemable noncontrolling interests 50 49 51
NET INCOME (LOSS) ATTRIBUTABLE TO PARTNERS 5,470 (648) 3,518
General Partner’s interest in net income (loss) 6 (1) 4
Preferred Unitholders’ interest in net income 285 0 0
Limited Partners’ interest in net income $ 5,179 $ (647) $ 3,514
NET INCOME (LOSS) PER LIMITED PARTNER UNIT:      
Basic $ 1.89 $ (0.24) $ 1.34
Diluted $ 1.89 $ (0.24) $ 1.33
Refined product sales      
REVENUES:      
REVENUES: $ 17,766 $ 10,514 $ 16,752
Crude sales      
REVENUES:      
REVENUES: 15,299 9,442 15,917
Natural gas sales      
REVENUES:      
REVENUES: 9,159 2,633 3,295
Gathering, transportation and other fees      
REVENUES:      
REVENUES: 9,229 8,982 9,086
NGL sales      
REVENUES:      
REVENUES: 15,243 6,797 8,290
Other      
REVENUES:      
REVENUES: $ 721 $ 586 $ 873