XML 67 R48.htm IDEA: XBRL DOCUMENT v3.10.0.1

Goodwill and Intangibles (Tables)

12 Months Ended

Dec. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in carrying amount of goodwill were as follows for the periods presented:

(In millions)	L&S				G&P				Total
Gross goodwill as of December 31, 2016	$	162			$	2,213			$	2,375
Accumulated impairment losses	—				(130		)		(130		)
Balance as of December 31, 2016	162				2,083				2,245
Impairment losses	—				—				—
Acquisitions	—				—				—
Balance as of December 31, 2017	162				2,083				2,245
Impairment losses	—				—				—
Acquisitions	341				—				341
Balance as of December 31, 2018	$	503			$	2,083			$	2,586
Gross goodwill as of December 31, 2018	$	503			$	2,213			$	2,716
Accumulated impairment losses	—				(130		)		(130		)
Balance as of December 31, 2018	$	503			$	2,083			$	2,586

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

MPLX’s intangible assets are comprised of customer contracts and relationships, gross intangible assets with accumulated amortization as of December 31, 2018 and 2017 is shown below:

				December 31, 2018												December 31, 2017
(In millions)		Useful Life		Gross				Accumulated Amortization(1)				Net				Gross				Accumulated Amortization(1)				Net
L&S		4-6 years		$	9			$	—			$	9			$	—			$	—			$	—
G&P		11-25 years		533				(118		)		415				533				(80		)		453
				$	542			$	(118	)		$	424			$	533			$	(80	)		$	453

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Estimated future amortization expense related to the intangible assets at December 31, 2018 is as follows:

(In millions)
2019		$	40
2020		40
2021		40
2022		39
2023		39
Thereafter		226
Total		$	424

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275

+ Details

Name:	us-gaap_ScheduleOfAcquiredFiniteLivedIntangibleAssetsByMajorClassTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration