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Revenue
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Disaggregation of Revenue
The following tables represent a disaggregation of revenue for each reportable segment for the three and nine months ended September 30, 2025 and September 30, 2024:
Three Months Ended September 30, 2025
(In millions)
Crude Oil and Products Logistics
Natural Gas and NGL Services
Total
Revenues and other income:
Service revenue$115 $635 $750 
Service revenue - related parties1,090 4 1,094 
Service revenue - product related— 64 64 
Product sales1 524 525 
Product sales - related parties3 23 26 
Total revenues from contracts with customers$1,209 $1,250 2,459 
Non-ASC 606 revenue(1)
1,160 
Total revenues and other income$3,619 
Three Months Ended September 30, 2024
(In millions)
Crude Oil and Products Logistics
Natural Gas and NGL Services
Total
Revenues and other income:
Service revenue$101 $608 $709 
Service revenue - related parties1,057 9 1,066 
Service revenue - product related— 86 86 
Product sales1 432 433 
Product sales - related parties4 47 51 
Total revenues from contracts with customers$1,163 $1,182 2,345 
Non-ASC 606 revenue(1)
627 
Total revenues and other income$2,972 
Nine Months Ended September 30, 2025
(In millions)
Crude Oil and Products Logistics
Natural Gas and NGL Services
Total
Revenues and other income:
Service revenue$332 $1,821 $2,153 
Service revenue - related parties3,237 16 3,253 
Service revenue - product related— 233 233 
Product sales3 1,507 1,510 
Product sales - related parties9 117 126 
Total revenues from contracts with customers$3,581 $3,694 7,275 
Non-ASC 606 revenue(1)
2,471 
Total revenues and other income$9,746 
Nine Months Ended September 30, 2024
(In millions)
Crude Oil and Products Logistics
Natural Gas and NGL Services
Total
Revenues and other income:
Service revenue$286 $1,764 $2,050 
Service revenue - related parties3,081 21 3,102 
Service revenue - product related— 265 265 
Product sales4 1,187 1,191 
Product sales - related parties10 154 164 
Total revenues from contracts with customers$3,381 $3,391 6,772 
Non-ASC 606 revenue(1)
2,098 
Total revenues and other income$8,870 
(1)    Non-ASC 606 Revenue includes rental income, sales-type lease revenue, income from equity method investments, and other income.
Contract Balances
Our receivables are primarily associated with customer contracts. Payment terms vary by product or service type; however, the period between invoicing and payment is not significant. Included within the receivables are balances related to commodity sales on behalf of our producer customers, for which we remit the net sales price back to the producer customers upon completion of the sale.
Under certain contracts, we recognize revenues in excess of billings which we present as contract assets. Contract assets typically relate to deficiency payments related to minimum volume commitments and aid in construction agreements where the revenue recognized and MPLX’s rights to consideration for work completed exceeds the amount billed to the customer. Contract assets are included in Other current assets and Other noncurrent assets on the Consolidated Balance Sheets.
Under certain contracts, we receive payments in advance of satisfying our performance obligations, which are recorded as contract liabilities. Contract liabilities, which are presented as Deferred revenue and Long-term deferred revenue, typically relate to advance payments for aid in construction agreements and deferred customer credits associated with makeup rights and minimum volume commitments. Breakage related to minimum volume commitments is estimated and recognized into service revenue in instances where it is probable the customer will not use the credit in future periods. We classify contract liabilities as current or long-term based on the timing of when we expect to recognize revenue.
The tables below reflect the changes in ASC 606 contract balances for the nine months ended September 30, 2025 and September 30, 2024:
(In millions)Balance at December 31, 2024Additions/ (Deletions)
Revenue Recognized(1)
Balance at September 30, 2025
Contract assets$2 $10 $— $12 
Long-term contract assets— 4 — 4 
Deferred revenue84 22 (59)47 
Deferred revenue - related parties71 66 (62)75 
Long-term deferred revenue315 (15)— 300 
Long-term deferred revenue - related parties$44 $1 $— $45 
(In millions)Balance at December 31, 2023Additions/ (Deletions)
Revenue Recognized(1)
Balance at September 30, 2024
Contract assets$3 $— $(1)$2 
Long-term contract assets1 (1)— — 
Deferred revenue59 65 (42)82 
Deferred revenue - related parties47 56 (50)53 
Long-term deferred revenue344 (22)— 322 
Long-term deferred revenue - related parties$29 $5 $— $34 
(1)    No significant revenue was recognized related to past performance obligations in the current periods.    
Remaining Performance Obligations
The table below includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of September 30, 2025. The amounts presented below are generally limited to fixed consideration from contracts with customers that contain minimum volume commitments.
A significant portion of our future contracted revenue is excluded from the amounts presented below in accordance with ASC 606. Variable consideration that is constrained or not required to be estimated as it reflects our efforts to perform is excluded from this disclosure. Additionally, we do not disclose information on the future performance obligations for any contract with an original expected duration of one year or less, or that are terminable by our customer with little or no termination penalties. Potential future performance obligations related to renewals that have not yet been exercised or are not certain of exercise are excluded from the amounts presented below. Revenues classified as Rental income and Sales-type lease revenue are also excluded from this table.
(In billions)
2025$0.6 
20262.0 
20271.8 
20280.7 
20290.3 
2030 and thereafter1.0 
Total estimated revenue on remaining performance obligations$6.4 
As of September 30, 2025, unsatisfied performance obligations included in the Consolidated Balance Sheets are $467 million and will be recognized as revenue as the obligations are satisfied, which is generally expected to occur over the next 19 years. A portion of this amount is not disclosed in the table above as it is deemed variable consideration due to volume variability.