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Estimates, Significant Accounting Policies and Balance Sheet Detail (Tables)
 12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedule Of Net Changes In Operating Assets And Liabilities Included Cash Flows From Operating Activities
The net change in operating assets and liabilities, net of effects of acquisitions and divestitures, included in cash flows from operating activities is comprised as follows:
 Years Ended December 31,
 202420232022
Accounts receivable$(775)$(171)$(863)
Accounts receivable from related companies15 (5)23 
Inventories(735)35 (361)
Other current assets82 221 (326)
Other non-current assets, net(166)(125)146 
Accounts payable1,315 (501)25 
Accounts payable to related companies(35)(38)6 
Accrued and other current liabilities166 209 131 
Other non-current liabilities(123)(33)66 
Derivative assets and liabilities, net60 (43)(349)
Net change in operating assets and liabilities, net of effects of acquisitions and divestitures$(196)$(451)$(1,502)
Schedule Of Non-Cash Investing And Financing Activities
Non-cash investing and financing activities and supplemental cash flow information are as follows:
 Years Ended December 31,
 202420232022
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Accrued capital expenditures$688 $442 $575 
Lease assets obtained in exchange for new lease liabilities7 23 42 
Units issued in connection with the WTG Midstream acquisition (1)
833 — — 
Units issued in connection with the Crestwood acquisition (1)
— 3,366 — 
Units issued in connection with the Lotus Midstream acquisition (1)
— 574 — 
USAC exercise and conversion of preferred units into common units301 — — 
USAC government securities transferred in connection with the legal defeasance of USAC senior notes due 2026749 — — 
Legal defeasance of USAC senior notes due 2026725 — — 
Sunoco LP common units (noncontrolling interest) issued in connection with the NuStar acquisition (1)
2,850 — — 
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest, net of interest capitalized$2,884 $2,298 $2,167 
Cash paid for income taxes, net of refunds (excluding $47 million of federal tax credits purchased from non-governmental third parties by Sunoco LP in 2024)
206 103 54 
(1)See Note 3 for additional information.
Schedule of Inventory
The Partnership’s inventories consisted of the following:
 December 31,
 20242023
Natural gas, NGLs and refined products$1,989 $1,658 
Crude oil400 258 
Spare parts and other681 562 
Total inventories$3,070 $2,478 
Other Current Assets
Other current assets consisted of the following:
 December 31,
 20242023
Deposits paid to vendors$150 $205 
Prepaid expenses and other327 308 
Total other current assets$477 $513 
Property, Plant and Equipment
Components and useful lives of property, plant and equipment were as follows:
 December 31,
 2024
2023 (1)
Land and improvements$1,675 $1,529 
Buildings and improvements (1 to 45 years)4,688 4,392 
Pipelines and equipment (5 to 83 years)97,078 86,905 
Product storage and related facilities (2 to 83 years)7,869 8,381 
Right of way (20 to 83 years)9,239 7,379 
Other (1 to 48 years)4,060 4,031 
Construction work-in-process
4,633 2,315 
129,242 114,932 
Less – Accumulated depreciation and depletion(34,030)(29,581)
Property, plant and equipment, net$95,212 $85,351 
(1)Certain components of property, plant and equipment were reclassified in the current year. The balances as of December 31, 2023 reflected above have been adjusted to conform to the current year presentation. These changes did not impact total property, plant and equipment.
Schedule Of Property, Plant And Equipment Depreciation And Capitalized Interest Expense
We recognized the following amounts for the periods presented:
 Years Ended December 31,
 202420232022
Depreciation, depletion and amortization expense$4,701 $3,986 $3,774 
Capitalized interest120 77 112 
Schedule of Other Non-Current Assets, net
Other non-current assets, net are stated at cost less accumulated amortization. Other non-current assets, net consisted of the following:
December 31,
20242023
Crude pipeline linefill and tank bottoms$743 $598 
Regulatory assets39 48 
Pension assets188 145 
Deferred charges151 148 
Restricted funds216 225 
Other680 569 
Total other non-current assets, net$2,017 $1,733 
Restricted funds primarily consist of investments held in our wholly owned captive insurance companies, including an immaterial amount of restricted cash.
Components And Useful Lives Of Intangibles And Other Assets
Components and useful lives of intangible assets were as follows: 
 December 31, 2024December 31, 2023
Gross
Carrying
Amount		Accumulated
Amortization		Gross
Carrying
Amount		Accumulated
Amortization
Amortizable intangible assets:
Customer relationships, contracts and agreements (3 to 46 years)$9,304 $(3,654)$9,098 $(3,196)
Patents (10 years)48 (48)48 (48)
Trade names (20 years)66 (48)66 (44)
Other (5 to 20 years)12 (11)12 (11)
Total amortizable intangible assets9,430 (3,761)9,224 (3,299)
Non-amortizable intangible assets:
Trademarks302 — 302 — 
Other— — 12 — 
Total non-amortizable intangible assets302 — 314 — 
Total intangible assets$9,732 $(3,761)$9,538 $(3,299)
Aggregate Amortization Expense Of Intangibles And Other Assets
Aggregate amortization expense of intangible assets was as follows:
Years Ended December 31,
202420232022
Reported in depreciation, depletion and amortization expense$464 $399 $390 
Estimated Aggregate Amortization Expense
Estimated aggregate amortization of intangible assets for the next five years is as follows:
Years Ending December 31: 
2025$440 
2026437 
2027419 
2028416 
2029408 
Schedule of Goodwill
Changes in the carrying amount of goodwill were as follows:
Intrastate
Transportation
and Storage		Interstate
Transportation and Storage		MidstreamNGL and Refined Products Transportation and ServicesCrude Oil Transportation and ServicesInvestment in Sunoco LPInvestment in USACAll OtherTotal
Balance, December 31, 2022$— $— $— $693 $190 $1,601 $— $82 $2,566 
Acquired— — 601 191 663 — — — 1,455 
Other— — — — — (2)— — (2)
Balance, December 31, 2023— — 601 884 853 1,599 — 82 4,019 
Acquired— — — — — 16 — — 16 
Disposed— — — — — (138)— — (138)
Other— — 16 2 (12)— — — 6 
Balance, December 31, 2024$— $— $617 $886 $841 $1,477 $— $82 $3,903 
Accrued and Other Current Liabilities
Accrued and other current liabilities consisted of the following:
 December 31,
 20242023
Interest payable$685 $637 
Customer advances and deposits360 240 
Accrued capital expenditures688 442 
Accrued wages and benefits422 406 
Taxes payable other than income taxes737 646 
Exchanges payable90 163 
Deferred revenue322 312 
Other937 675 
Total accrued and other current liabilities$4,241 $3,521 
Schedule of Derivative Assets at Fair Value
The following tables summarize the fair value of our financial assets and liabilities measured and recorded at fair value on a recurring basis as of December 31, 2024 and 2023 based on inputs used to derive their fair values:
Fair Value TotalFair Value Measurements at December 31, 2024
Level 1Level 2
Assets:
Commodity derivatives:
Natural Gas:
Basis Swaps FERC/NYMEX$6 $6 $— 
Swing Swaps IFERC4 4 — 
Fixed Swaps/Futures10 10 — 
Power:
Forwards39 39 — 
Futures10 10 — 
NGLs – Forwards/Swaps166 166 — 
Refined Products – Futures3 3 — 
Crude – Forwards/Swaps25 25 — 
Total commodity derivatives263 263 — 
Other non-current assets212 212 — 
Total assets$475 $475 $— 
Liabilities:
Commodity derivatives:
Natural Gas:
Basis Swaps IFERC/NYMEX$(11)$(11)$— 
Swing Swaps IFERC(11)(11)— 
Fixed Swaps/Futures(9)(9)— 
Power:
Forwards(38)(38)— 
Futures(10)(10)— 
NGLs – Forwards/Swaps(170)(170)— 
Refined Products – Futures(9)(9)— 
Crude – Forwards/Swaps(35)(35)— 
Total commodity derivatives(293)(293)— 
Total liabilities$(293)$(293)$— 
Fair Value TotalFair Value Measurements at December 31, 2023
Level 1Level 2
Assets:
Interest rate derivatives$6 $— $6 
Commodity derivatives:
Natural Gas:
Basis Swaps IFERC/NYMEX24 24 — 
Swing Swaps IFERC20 20 — 
Fixed Swaps/Futures77 77 — 
Forward Physical Contracts8 — 8 
Power:
Forwards57 57 — 
Futures8 8 — 
NGLs – Forwards/Swaps336 336 — 
Refined Products – Futures35 35 — 
Crude - Forwards/Swaps45 45 — 
Total commodity derivatives610 602 8 
Other non-current assets217 217 — 
Total assets$833 $819 $14 
Liabilities:
Interest rate derivatives$(4)$— $(4)
Commodity derivatives:
Natural Gas:
Basis Swaps IFERC/NYMEX(3)(3)
Swing Swaps IFERC(2)(2)— 
Fixed Swaps/Futures(16)(16)— 
Options – Puts(2)(2)— 
Power:
Forwards(56)(56)— 
Futures(8)(8)— 
NGL/Refined Products Option - Puts(1)(1)— 
NGL/Refined Products Option - Calls(1)(1)— 
NGLs – Forwards/Swaps(316)(316)— 
Refined Products – Futures(18)(18)— 
Crude - Forwards/Swaps(37)(37)— 
Total commodity derivatives(460)(460)— 
Total liabilities$(464)$(460)$(4)