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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
OPERATING ACTIVITIES:    
Net income $ 3,727 $ 4,431
Reconciliation of net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 3,227 3,104
Deferred income taxes 187 158
Inventory valuation adjustments (113) (81)
Non-cash compensation expense 99 88
Impairment losses and other 12 386
Distributions on unvested awards (47) (37)
Equity in earnings of unconsolidated affiliates (286) (186)
Distributions from unconsolidated affiliates 286 182
Other non-cash (15) (120)
Net change in operating assets and liabilities, net of effects of acquisitions and divestitures 1,182 (212)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations 8,259 7,713
INVESTING ACTIVITIES:    
Cash paid for acquisitions (111) (1,062)
Capital expenditures, excluding allowance for equity funds used during construction (2,430) (2,493)
Contributions in aid of construction costs 38 50
Payments for Advance to Affiliate (5) 0
Distributions from unconsolidated affiliates in excess of cumulative earnings 45 66
Proceeds from Sale of Equity Method Investments 0 302
Proceeds from Sale of Other Assets, Investing Activities 31 60
Payments for (Proceeds from) Other Investing Activities 1 0
Net Cash Provided by (Used in) Investing Activities, Continuing Operations (3,361) (3,077)
FINANCING ACTIVITIES:    
Proceeds from borrowings 22,912 19,400
Repayments of debt (23,095) (21,110)
Capital contributions from noncontrolling interest 3 404
Distributions to partners (3,124) (2,118)
Distributions to noncontrolling interests (1,290) (1,177)
Preferred Units, Cumulative Cash Distributions (37) (37)
Payments of Debt Issuance Costs (12) (9)
Other, net 2 1
Net cash used in financing activities (4,641) (4,646)
Increase (decrease) in cash and cash equivalents 257 (10)
Cash and cash equivalents, beginning of period 257 336
Cash and cash equivalents, end of period 514 326
Lotus Midstream LLC    
INVESTING ACTIVITIES:    
Cash paid for acquisitions $ (930) $ 0