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v3.22.2.2

Reportable Segments (Tables) | 9 Months Ended
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Sep. 30, 2022
Financial Information By Segment | The following tables present financial information by segment:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Revenues: |  |  |  |  |  |  |
Intrastate transportation and storage: |  |  |  |  |  |  |
Revenues from external customers | $ | 2,081 |  |  | $ | 1,112 |  |  | $ | 5,550 |  |  | $ | 5,940 |
Intersegment revenues | 302 |  |  | 105 |  |  | 668 |  |  | 1,126 |
| 2,383 |  |  | 1,217 |  |  | 6,218 |  |  | 7,066 |
Interstate transportation and storage: |  |  |  |  |  |  |
Revenues from external customers | 533 |  |  | 412 |  |  | 1,591 |  |  | 1,317 |
Intersegment revenues | 16 |  |  | 6 |  |  | 54 |  |  | 33 |
| 549 |  |  | 418 |  |  | 1,645 |  |  | 1,350 |
Midstream: |  |  |  |  |  |  |
Revenues from external customers | 1,115 |  |  | 560 |  |  | 3,399 |  |  | 1,709 |
Intersegment revenues | 3,756 |  |  | 2,359 |  |  | 10,447 |  |  | 6,081 |
| 4,871 |  |  | 2,919 |  |  | 13,846 |  |  | 7,790 |
NGL and refined products transportation and services: |  |  |  |  |  |  |
Revenues from external customers | 5,169 |  |  | 4,499 |  |  | 16,644 |  |  | 11,726 |
Intersegment revenues | 906 |  |  | 763 |  |  | 3,265 |  |  | 2,048 |
| 6,075 |  |  | 5,262 |  |  | 19,909 |  |  | 13,774 |
Crude oil transportation and services: |  |  |  |  |  |  |
Revenues from external customers | 6,415 |  |  | 4,577 |  |  | 19,640 |  |  | 12,497 |
Intersegment revenues | 1 |  |  | 1 |  |  | 2 |  |  | 1 |
| 6,416 |  |  | 4,578 |  |  | 19,642 |  |  | 12,498 |
Investment in Sunoco LP: |  |  |  |  |  |  |
Revenues from external customers | 6,577 |  |  | 4,772 |  |  | 19,767 |  |  | 12,626 |
Intersegment revenues | 17 |  |  | 7 |  |  | 44 |  |  | 16 |
| 6,594 |  |  | 4,779 |  |  | 19,811 |  |  | 12,642 |
Investment in USAC: |  |  |  |  |  |  |
Revenues from external customers | 176 |  |  | 156 |  |  | 503 |  |  | 464 |
Intersegment revenues | 3 |  |  | 3 |  |  | 11 |  |  | 9 |
| 179 |  |  | 159 |  |  | 514 |  |  | 473 |
All other: |  |  |  |  |  |  |
Revenues from external customers | 873 |  |  | 576 |  |  | 2,281 |  |  | 2,481 |
Intersegment revenues | 211 |  |  | 120 |  |  | 480 |  |  | 303 |
| 1,084 |  |  | 696 |  |  | 2,761 |  |  | 2,784 |
Eliminations | (5,212) |  |  | (3,364) |  |  | (14,971) |  |  | (9,617) |
Total revenues | $ | 22,939 |  |  | $ | 16,664 |  |  | $ | 69,375 |  |  | $ | 48,760 |
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Segment Adjusted EBITDA: |  |  |  |  |  |  |
Intrastate transportation and storage | $ | 301 |  |  | $ | 172 |  |  | $ | 963 |  |  | $ | 3,209 |
Interstate transportation and storage | 409 |  |  | 334 |  |  | 1,259 |  |  | 1,118 |
Midstream | 868 |  |  | 556 |  |  | 2,578 |  |  | 1,321 |
NGL and refined products transportation and services | 634 |  |  | 706 |  |  | 2,097 |  |  | 2,089 |
Crude oil transportation and services | 461 |  |  | 496 |  |  | 1,616 |  |  | 1,490 |
Investment in Sunoco LP | 276 |  |  | 198 |  |  | 681 |  |  | 556 |
Investment in USAC | 109 |  |  | 99 |  |  | 313 |  |  | 299 |
All other | 30 |  |  | 18 |  |  | 149 |  |  | 153 |
Adjusted EBITDA (consolidated) | 3,088 |  |  | 2,579 |  |  | 9,656 |  |  | 10,235 |
Depreciation, depletion and amortization | (1,030) |  |  | (943) |  |  | (3,104) |  |  | (2,837) |
Interest expense, net of interest capitalized | (577) |  |  | (558) |  |  | (1,714) |  |  | (1,713) |
Impairment losses and other | (86) |  |  | — |  |  | (386) |  |  | (11) |
Gains on interest rate derivatives | 60 |  |  | 1 |  |  | 303 |  |  | 72 |
Non-cash compensation expense | (27) |  |  | (26) |  |  | (88) |  |  | (81) |
Unrealized gains (losses) on commodity risk management activities | 76 |  |  | (19) |  |  | 130 |  |  | 74 |
Inventory valuation adjustments (Sunoco LP) | (40) |  |  | 9 |  |  | 81 |  |  | 168 |
Losses on extinguishments of debt | — |  |  | — |  |  | — |  |  | (8) |
Adjusted EBITDA related to unconsolidated affiliates | (147) |  |  | (141) |  |  | (409) |  |  | (400) |
Equity in earnings of unconsolidated affiliates | 68 |  |  | 71 |  |  | 186 |  |  | 191 |
Other, net | 19 |  |  | 11 |  |  | (65) |  |  | — |
Income before income tax expense | 1,404 |  |  | 984 |  |  | 4,590 |  |  | 5,690 |
Income tax expense | (82) |  |  | (77) |  |  | (159) |  |  | (234) |
Net income | $ | 1,322 |  |  | $ | 907 |  |  | $ | 4,431 |  |  | $ | 5,456 |

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- 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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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