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Reportable Segments (Tables)
 9 Months Ended
Sep. 30, 2024
Financial Information By Segment
The following tables present financial information by segment:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2024202320242023
Revenues:
Intrastate transportation and storage:
Revenues from external customers$622 $880 $2,010 $2,424 
Intersegment revenues56 93 223 646 
678 973 2,233 3,070 
Interstate transportation and storage:
Revenues from external customers568 562 1,676 1,720 
Intersegment revenues7 9 20 35 
575 571 1,696 1,755 
Midstream:
Revenues from external customers1,064 775 2,646 2,370 
Intersegment revenues1,694 2,002 5,393 5,629 
2,758 2,777 8,039 7,999 
NGL and refined products transportation and services:
Revenues from external customers5,017 4,369 15,598 13,210 
Intersegment revenues836 891 2,576 2,654 
5,853 5,260 18,174 15,864 
Crude oil transportation and services:
Revenues from external customers7,294 7,289 22,294 19,321 
Intersegment revenues15 — 25 1 
7,309 7,289 22,319 19,322 
Investment in Sunoco LP:
Revenues from external customers5,738 6,317 17,406 17,395 
Intersegment revenues13 3 18 32 
5,751 6,320 17,424 17,427 
Investment in USAC:
Revenues from external customers227 212 680 605 
Intersegment revenues13 5 25 16 
240 217 705 621 
All other:
Revenues from external customers242 335 820 1,009 
Intersegment revenues137 109 320 378 
379 444 1,140 1,387 
Eliminations(2,771)(3,112)(8,600)(9,391)
Total revenues$20,772 $20,739 $63,130 $58,054 
Three Months Ended
September 30,		Nine Months Ended
September 30,
2024202320242023
Segment Adjusted EBITDA:
Intrastate transportation and storage$329 $244 $1,095 $869 
Interstate transportation and storage460 491 1,335 1,468 
Midstream816 631 2,205 1,851 
NGL and refined products transportation and services1,012 1,076 3,071 2,852 
Crude oil transportation and services768 706 2,417 1,906 
Investment in Sunoco LP456 257 1,018 728 
Investment in USAC146 130 429 373 
All other(28)6 29 49 
Adjusted EBITDA (consolidated)$3,959 $3,541 $11,599 $10,096 
Three Months Ended
September 30,		Nine Months Ended
September 30,
2024202320242023
Reconciliation of net income to Adjusted EBITDA:
Net income$1,434 $1,047 $5,118 $3,727 
Depreciation, depletion and amortization1,324 1,107 3,791 3,227 
Interest expense, net of interest capitalized828 632 2,318 1,892 
Income tax expense89 77 405 256 
Impairment losses— 1 50 12 
(Gain) loss on interest rate derivatives6 (32)(6)(47)
Non-cash compensation expense37 35 113 99 
Unrealized (gain) loss on commodity risk management activities(53)107 50 182 
Inventory valuation adjustments (Sunoco LP)197 (141)99 (113)
Loss on extinguishment of debt— — 11 — 
Adjusted EBITDA related to unconsolidated affiliates181 182 522 514 
Equity in earnings of unconsolidated affiliates(102)(103)(285)(286)
Non-operating litigation-related loss— 625 — 625 
Gain on sale of West Texas assets (Sunoco LP)— — (598)— 
Other, net18 4 11 8 
Adjusted EBITDA (consolidated)$3,959 $3,541 $11,599 $10,096