XML 82 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
REVENUES      
Supply and Logistics segment revenues $ 42,114paa_SalesAndRelatedRevenues $ 40,692paa_SalesAndRelatedRevenues $ 36,438paa_SalesAndRelatedRevenues
Transportation segment revenues 774paa_PipelineTariffActivitiesTruckingAndRelatedRevenues 701paa_PipelineTariffActivitiesTruckingAndRelatedRevenues 623paa_PipelineTariffActivitiesTruckingAndRelatedRevenues
Facilities segment revenues 576paa_StorageTerminallingProcessingAndRelatedRevenues 856paa_StorageTerminallingProcessingAndRelatedRevenues 736paa_StorageTerminallingProcessingAndRelatedRevenues
Total revenues 43,464us-gaap_Revenues 42,249us-gaap_Revenues 37,797us-gaap_Revenues
COSTS AND EXPENSES      
Purchases and related costs 39,500paa_PurchasesAndRelatedCosts 38,465paa_PurchasesAndRelatedCosts 34,368paa_PurchasesAndRelatedCosts
Field operating costs 1,456us-gaap_OperatingCostsAndExpenses 1,322us-gaap_OperatingCostsAndExpenses 1,180us-gaap_OperatingCostsAndExpenses
General and administrative expenses 325us-gaap_GeneralAndAdministrativeExpense 359us-gaap_GeneralAndAdministrativeExpense 342us-gaap_GeneralAndAdministrativeExpense
Depreciation and amortization 392us-gaap_DepreciationAndAmortization 375us-gaap_DepreciationAndAmortization 482us-gaap_DepreciationAndAmortization
Total costs and expenses 41,673us-gaap_CostsAndExpenses 40,521us-gaap_CostsAndExpenses 36,372us-gaap_CostsAndExpenses
OPERATING INCOME 1,791us-gaap_OperatingIncomeLoss 1,728us-gaap_OperatingIncomeLoss 1,425us-gaap_OperatingIncomeLoss
OTHER INCOME/(EXPENSE)      
Equity earnings in unconsolidated entities 108us-gaap_IncomeLossFromEquityMethodInvestments 64us-gaap_IncomeLossFromEquityMethodInvestments 38us-gaap_IncomeLossFromEquityMethodInvestments
Interest expense (net of capitalized interest of $48, $38 and $36, respectively) (340)us-gaap_InterestExpense (303)us-gaap_InterestExpense (288)us-gaap_InterestExpense
Other income/(expense), net (2)us-gaap_OtherNonoperatingIncomeExpense 1us-gaap_OtherNonoperatingIncomeExpense 6us-gaap_OtherNonoperatingIncomeExpense
INCOME BEFORE TAX 1,557us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 1,490us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 1,181us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Current income tax expense (71)us-gaap_CurrentIncomeTaxExpenseBenefit (100)us-gaap_CurrentIncomeTaxExpenseBenefit (53)us-gaap_CurrentIncomeTaxExpenseBenefit
Deferred income tax benefit/(expense) (100)us-gaap_DeferredIncomeTaxExpenseBenefit 1us-gaap_DeferredIncomeTaxExpenseBenefit (1)us-gaap_DeferredIncomeTaxExpenseBenefit
NET INCOME 1,386us-gaap_ProfitLoss 1,391us-gaap_ProfitLoss 1,127us-gaap_ProfitLoss
Net income attributable to noncontrolling interests (2)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (30)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (33)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
NET INCOME ATTRIBUTABLE TO PAA 1,384us-gaap_NetIncomeLoss 1,361us-gaap_NetIncomeLoss 1,094us-gaap_NetIncomeLoss
NET INCOME ATTRIBUTABLE TO PAA:      
LIMITED PARTNERS 884us-gaap_NetIncomeLossAllocatedToLimitedPartners 967us-gaap_NetIncomeLossAllocatedToLimitedPartners 789us-gaap_NetIncomeLossAllocatedToLimitedPartners
GENERAL PARTNER $ 500us-gaap_NetIncomeLossAllocatedToGeneralPartners $ 394us-gaap_NetIncomeLossAllocatedToGeneralPartners $ 305us-gaap_NetIncomeLossAllocatedToGeneralPartners
BASIC NET INCOME PER LIMITED PARTNER UNIT (in dollars per unit) $ 2.39us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 2.82us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 2.41us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
DILUTED NET INCOME PER LIMITED PARTNER UNIT (in dollars per unit) $ 2.38us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 2.80us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 2.40us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
BASIC WEIGHTED AVERAGE LIMITED PARTNER UNITS OUTSTANDING (in units) 367us-gaap_WeightedAverageLimitedPartnershipUnitsOutstanding 341us-gaap_WeightedAverageLimitedPartnershipUnitsOutstanding 325us-gaap_WeightedAverageLimitedPartnershipUnitsOutstanding
DILUTED WEIGHTED AVERAGE LIMITED PARTNER UNITS OUTSTANDING (in units) 369us-gaap_WeightedAverageLimitedPartnershipUnitsOutstandingDiluted 343us-gaap_WeightedAverageLimitedPartnershipUnitsOutstandingDiluted 328us-gaap_WeightedAverageLimitedPartnershipUnitsOutstandingDiluted