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Segment Information (Tables)
 12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Table Text Block]
The table below provides a reconciliation between “Net income” and Segment Adjusted EBITDA.
(In millions)
 
2018
 
2017
 
2016
Reconciliation to Net income:
 

 

 

L&S Segment Adjusted EBITDA
 
$
2,057

 
$
775

 
$
395

G&P Segment Adjusted EBITDA
 
1,418

 
1,229

 
1,024

Total reportable segments
 
3,475

 
2,004

 
1,419

Depreciation and amortization(1)
 
(766
)
 
(683
)
 
(591
)
(Provision)/benefit for income taxes
 
(8
)
 
(1
)
 
12

Amortization of deferred financing costs
 
(59
)
 
(53
)
 
(46
)
Loss on extinguishment of debt
 
(46
)
 
—

 
—

Non-cash equity-based compensation
 
(19
)
 
(15
)
 
(10
)
Impairment expense
 
—

 
—

 
(130
)
Net interest and other financial costs
 
(556
)
 
(301
)
 
(215
)
Income/(loss) from equity method investments(2)
 
240

 
78

 
(74
)
Distributions/adjustments related to equity method investments
 
(447
)
 
(231
)
 
(150
)
Unrealized derivative gains/(losses)(3)
 
5

 
(6
)
 
(36
)
Acquisition costs
 
(3
)
 
(11
)
 
1

Adjusted EBITDA attributable to noncontrolling interests
 
18

 
8

 
3

Adjusted EBITDA attributable to Predecessor(4)
 
—

 
47

 
251

Net income
 
$
1,834

 
$
836

 
$
434


(1)
Depreciation and amortization attributable to L&S was $240 million, $163 million and $128 million for the years ended 2018, 2017 and 2016, respectively. Depreciation and amortization attributable to G&P was $526 million, $520 million and $463 million for 2018, 2017 and 2016, respectively.
(2)
Includes an impairment expense of $89 million related to one of MPLX’s equity method investments for the year ended December 31, 2016.
(3)
MPLX makes a distinction between realized or unrealized gains and losses on derivatives. During the period when a derivative contract is outstanding, changes in the fair value of the derivative are recorded as an unrealized gain or loss. When a derivative contract matures or is settled, the previously recorded unrealized gain or loss is reversed and the realized gain or loss of the contract is recorded.
(4)
The Adjusted EBITDA adjustments related to Predecessor are excluded from Adjusted EBITDA attributable to MPLX LP prior to the acquisition date.
Reconciliation of Assets from Segment to Consolidated [Table Text Block]
 
 
December 31,
(In millions)
 
2018
 
2017
Segment Assets
 
 
 
 
Cash and cash equivalents
 
$
68

 
$
5

L&S(1)
 
6,566

 
4,611

G&P(1)
 
16,145

 
14,884

Total assets
 
$
22,779

 
$
19,500

(1)
Equity method investments included in L&S assets were $1.12 billion at December 31, 2018 and $1.15 billion at December 31, 2017. Equity method investments included in G&P assets were $3.05 billion at December 31, 2018 and $2.86 billion at December 31, 2017.
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The tables below present information about revenues and other income, capital expenditures and total assets for our reportable segments:
(In millions)
 
2018
 
2017
 
2016
L&S
 

 

 

Service revenue
 
$
2,289

 
$
1,200

 
$
1,006

Rental income
 
725

 
279

 
235

Product related revenue
 
14

 
—

 
—

Income from equity method investments
 
166

 
36

 
—

Other income
 
46

 
47

 
53

Total segment revenues and other income(1)
 
3,240

 
1,562

 
1,294

Segment Adjusted EBITDA(2)
 
2,057

 
775

 
395

Maintenance capital expenditures
 
104

 
79

 
58

Growth capital expenditures
 
452

 
433

 
493

G&P
 
 
 
 
 
 
Service revenue
 
1,574

 
1,038

 
888

Rental income
 
342

 
277

 
298

Product related revenue
 
1,135

 
897

 
583

Income/(loss) from equity method investments(3)
 
74

 
42

 
(74
)
Other income
 
60

 
51

 
40

Total segment revenues and other income(1)
 
3,185

 
2,305

 
1,735

Segment Adjusted EBITDA(2)
 
1,418

 
1,229

 
1,024

Maintenance capital expenditures
 
42

 
24

 
26

Growth capital expenditures
 
$
1,432

 
$
948

 
$
720



(1) Within the total segment revenues and other income amounts presented above, third party revenues for the L&S segment were $313 million, $160 million and $77 million for 2018, 2017 and 2016, respectively. Third party revenues for the G&P segment were $3,087 million, $2,246 million and $1,684 million for 2018, 2017 and 2016, respectively.
(2)
See below for the reconciliation from Segment Adjusted EBITDA to “Net income.”
(3)
Includes an impairment expense of $89 million related to one of MPLX’s equity method investments for the year ended December 31, 2016.