XML 55 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUES    
Supply and Logistics segment revenues $ 11,346 $ 10,224
Transportation segment revenues 181 173
Facilities segment revenues 157 223
Total revenues 11,684 10,620
COSTS AND EXPENSES    
Purchases and related costs 10,670 9,437
Field operating costs 336 340
General and administrative expenses 89 106
Depreciation and amortization 96 82
Total costs and expenses 11,191 9,965
OPERATING INCOME 493 655
OTHER INCOME/(EXPENSE)    
Equity earnings in unconsolidated entities 20 11
Interest expense (net of capitalized interest of $11 and $9, respectively) (78) (77)
Other expense, net (2)  
INCOME BEFORE TAX 433 589
Current income tax expense (36) (46)
Deferred income tax expense (12) (7)
NET INCOME 385 536
Net income attributable to noncontrolling interests (1) (8)
NET INCOME ATTRIBUTABLE TO PAA 384 528
NET INCOME ATTRIBUTABLE TO PAA:    
LIMITED PARTNERS 268 433
GENERAL PARTNER $ 116 $ 95
BASIC NET INCOME PER LIMITED PARTNER UNIT (in dollars per unit) $ 0.74 $ 1.28
DILUTED NET INCOME PER LIMITED PARTNER UNIT (in dollars per unit) $ 0.73 $ 1.27
BASIC WEIGHTED AVERAGE UNITS OUTSTANDING (in units) 360 336
DILUTED WEIGHTED AVERAGE UNITS OUTSTANDING (in units) 363 339