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Revenue (Tables)
3 Months Ended
Mar. 31, 2023
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, 2022$615 
Additions278 
Revenue recognized(301)
Balance, March 31, 2023$592 
Balance, December 31, 2021$459 
Additions266 
Revenue recognized(209)
Other(10)
Balance, March 31, 2022$506 
The balances of Sunoco LP’s contract assets were as follows:
March 31,
2023
December 31,
2022
Contract balances:
Contract assets
$222 $200 
Accounts receivable from contracts with customers
528 834 
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
As of March 31, 2023, the aggregate amount of transaction price allocated to unsatisfied (or partially satisfied) performance obligations was $39.06 billion. The Partnership expects to recognize this amount as revenue within the time bands illustrated in the following table:
Years Ending December 31,
2023
(remainder)20242025ThereafterTotal
Revenue expected to be recognized on contracts with customers existing as of March 31, 2023$5,495 $6,360 $5,429 $21,775 $39,059