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UNCONSOLIDATED AFFILIATES (Tables)

12 Months Ended

Dec. 31, 2023

Equity Method Investments and Joint Ventures [Abstract]

The following table sets forth our investments in unconsolidated affiliates as of the dates indicated:


	Net Ownership Interest	December 31, 2023		December 31, 2022
		(Millions of dollars)
Overland Pass	50%	$	402	$	401
Northern Border	50%	338		265
Saddlehorn	30%	288		—
MVP	25%	241		—
Roadrunner	50%	188		94
BridgeTex	30%	193		—
Other	Various	224		42
Investments in unconsolidated affiliates (a)		$	1,874	$	802

(a) - Includes basis differences of $148 million and $17 million at December 31, 2023 and 2022, respectively, related primarily to equity-method goodwill (Note A).

The following table sets forth our equity in net earnings from investments for the periods indicated:


	Years Ended December 31,
	2023		2022		2021
	(Millions of dollars)
Northern Border	$	75	$	71	$	64
Overland Pass	56		33		19
Roadrunner	43		37		33
Saddlehorn (a)	10		—		—


MVP (a)	4		—		—
BridgeTex (a)	(1)		—		—
Other (a)	15		7		6
Equity in net earnings from investments	$	202	$	148	$	122

(a) - Includes equity in net earnings from the period September 25, 2023 through December 31, 2023.