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Consolidated Statements Of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
REVENUES:      
Total revenues $ 89,876 $ 67,417 $ 38,954
COSTS AND EXPENSES:      
Cost of products sold 72,232 50,395 25,487
Operating expenses 4,338 3,574 3,218
Depreciation, depletion and amortization 4,164 3,817 3,678
Selling, general and administrative 1,018 818 711
Impairment losses and other 386 21 2,880
Total costs and expenses 82,138 58,625 35,974
OPERATING INCOME 7,738 8,792 2,980
OTHER INCOME (EXPENSE):      
Interest expense, net of interest capitalized (2,306) (2,267) (2,327)
Equity in earnings of unconsolidated affiliates 257 246 119
Impairment of investments in unconsolidated affiliates 0 0 (129)
Losses on extinguishments of debt 0 (38) (75)
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments 293 61 (203)
Other, net 90 77 12
Income before income tax expense 6,072 6,871 377
Income tax expense 204 184 237
NET INCOME 5,868 6,687 140
Less: Net income attributable to noncontrolling interests 1,061 1,167 739
Less: Net income attributable to redeemable noncontrolling interests 51 50 49
NET INCOME (LOSS) ATTRIBUTABLE TO PARTNERS 4,756 5,470 (648)
General Partner’s interest in net income (loss) 4 6 (1)
Preferred Unitholders’ interest in net income 422 285 0
Limited Partners’ interest in net income $ 4,330 $ 5,179 $ (647)
NET INCOME (LOSS) PER COMMON UNIT:      
Basic $ 1.40 $ 1.89 $ (0.24)
Diluted $ 1.40 $ 1.89 $ (0.24)
Refined product sales      
REVENUES:      
REVENUES: $ 26,020 $ 17,766 $ 10,514
Crude sales      
REVENUES:      
REVENUES: 23,473 15,299 9,442
Natural gas sales      
REVENUES:      
REVENUES: 8,535 9,159 2,633
Gathering, transportation and other fees      
REVENUES:      
REVENUES: 10,907 9,229 8,982
NGL sales      
REVENUES:      
REVENUES: 20,114 15,243 6,797
Other      
REVENUES:      
REVENUES: $ 827 $ 721 $ 586