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Advances to and Investments in Unconsolidated Affiliates | 12 Months Ended
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Dec. 31, 2023
Investment In Affiliates [Abstract] |
Investments In Affiliates | INVESTMENTS IN UNCONSOLIDATED AFFILIATES: Description of Investments Following is a summary of the Partnership’s significant unconsolidated investees. Citrus Energy Transfer owns a 50% interest in Citrus. Citrus owns 100% of FGT, an approximately 5,362-mile natural gas pipeline system that originates in Texas and delivers natural gas to the Florida peninsula. Our investment in Citrus is reflected in our interstate transportation and storage segment. MEP Energy Transfer owns a 50% interest in MEP, which owns the Midcontinent Express Pipeline, an approximately 500-mile natural gas pipeline that extends from Southeast Oklahoma, across Northeast Texas, Northern Louisiana and Central Mississippi to an interconnect with the Transcontinental natural gas pipeline system in Butler, Alabama. Our investment in MEP is reflected in the interstate transportation and storage segment. White Cliffs Energy Transfer owns a 51% interest in White Cliffs, which consists of two parallel, 12-inch common carrier pipelines: one crude oil pipeline and one NGL pipeline. These pipelines transport crude and NGLs from Platteville, Colorado to Cushing, Oklahoma. Explorer Energy Transfer owns a 15% membership interest in Explorer, which consists of a 1,850-mile pipeline which originates from refining centers in Beaumont, Port Arthur, and Houston, Texas and extends to Chicago, Illinois. Our investment in Explorer is reflected in our NGL and refined products transportation and services segment. Summary of Balances Related to Unconsolidated Affiliates The carrying values of the Partnership’s investments in unconsolidated affiliates as of December 31, 2023 and 2022 were as follows:
| December 31,
| 2023 |  | 2022
Citrus | $ | 1,811 |  |  | $ | 1,800 |
MEP | 332 |  |  | 360 |
White Cliffs | 203 |  |  | 218 |
Explorer | 67 |  |  | 69 |
Other | 684 |  |  | 446 |
Total | $ | 3,097 |  |  | $ | 2,893 |
The following table presents equity in earnings (losses) of unconsolidated affiliates:
| Years Ended December 31,
| 2023 |  | 2022 |  | 2021
Citrus | $ | 146 |  |  | $ | 141 |  |  | $ | 157 |
MEP | 87 |  |  | 10 |  |  | (17) |
White Cliffs | 10 |  |  | (8) |  |  | — |
Explorer | 37 |  |  | 25 |  |  | 24 |
Other | 103 |  |  | 89 |  |  | 82 |
Total equity in earnings of unconsolidated affiliates | $ | 383 |  |  | $ | 257 |  |  | $ | 246 |
Summarized Financial Information The following tables present aggregated selected balance sheet and income statement data for our unconsolidated affiliates, Citrus, MEP, White Cliffs and Explorer (on a 100% basis) for all periods presented:
| December 31,
| 2023 |  | 2022
Current assets | $ | 378 |  |  | $ | 311 |
Property, plant and equipment, net | 7,582 |  |  | 7,722 |
Other assets | 88 |  |  | 86 |
Total assets | $ | 8,048 |  |  | $ | 8,119 |
Current liabilities | $ | 260 |  |  | $ | 291 |
Non-current liabilities | 4,379 |  |  | 4,347 |
Equity | 3,409 |  |  | 3,481 |
Total liabilities and equity | $ | 8,048 |  |  | $ | 8,119 |
| Years Ended December 31,
| 2023 |  | 2022 |  | 2021
Revenue | $ | 1,798 |  |  | $ | 1,518 |  |  | $ | 1,393 |
Operating income | 1,012 |  |  | 704 |  |  | 684 |
Net income | 735 |  |  | 463 |  |  | 446 |
In addition to the equity method investments described above, we have other equity method investments which are not significant to our consolidated financial statements.

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- Definition The entire disclosure for the information summarizing investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates. It reflects specified information about ownership, financial results from, and financial position in such entities. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.12-14(Column E)(Footnote 6)(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480032/946-320-S99-6 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.12-14(Column E)(Footnote 6)(c)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480032/946-320-S99-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.12-14(Column A)(Footnote 1)(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480032/946-320-S99-6 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//946-320/tableOfContent + Details
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