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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
REVENUES        
Supply and Logistics segment revenues $ 9,442 $ 8,586 $ 18,319 $ 16,021
Transportation segment revenues 158 147 307 288
Facilities segment revenues 186 126 378 244
Total revenues 9,786 8,859 19,004 16,553
COSTS AND EXPENSES        
Purchases and related costs 8,830 8,202 17,332 15,281
Field operating costs 319 223 568 420
General and administrative expenses 89 73 182 143
Depreciation and amortization 86 63 146 126
Total costs and expenses 9,324 8,561 18,228 15,970
OPERATING INCOME 462 298 776 583
OTHER INCOME/(EXPENSE)        
Equity earnings in unconsolidated entities 9 4 16 5
Interest expense (net of capitalized interest of $10, $6, $18 and $11, respectively) (75) (62) (140) (128)
Other income/(expense), net   2 2 (20)
INCOME BEFORE TAX 396 242 654 440
Current income tax expense (6) (8) (23) (18)
Deferred income tax expense (4) (1) (7) (4)
NET INCOME 386 233 624 418
Net income attributable to noncontrolling interests (8) (8) (15) (10)
NET INCOME ATTRIBUTABLE TO PLAINS 378 225 609 408
NET INCOME ATTRIBUTABLE TO PLAINS:        
LIMITED PARTNERS 303 170 465 299
GENERAL PARTNER $ 75 $ 55 $ 144 $ 109
BASIC NET INCOME PER LIMITED PARTNER UNIT (in dollars per unit) $ 1.86 $ 1.14 $ 2.90 $ 2.04
DILUTED NET INCOME PER LIMITED PARTNER UNIT (in dollars per unit) $ 1.85 $ 1.13 $ 2.88 $ 2.03
BASIC WEIGHTED AVERAGE UNITS OUTSTANDING (in units) 162 149 159 146
DILUTED WEIGHTED AVERAGE UNITS OUTSTANDING (in units) 163 150 161 147