XML 39 R50.htm IDEA: XBRL DOCUMENT v2.4.1.9
Net Income Per Limited Partner Unit (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Net Income Per Limited Partner Unit                      
General partner ownership interest (as a percent)                 2.00%us-gaap_LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest    
Basic Net Income per Limited Partner Unit                      
Net income attributable to PAA $ 389us-gaap_NetIncomeLoss $ 323us-gaap_NetIncomeLoss $ 287us-gaap_NetIncomeLoss $ 384us-gaap_NetIncomeLoss $ 309us-gaap_NetIncomeLoss $ 231us-gaap_NetIncomeLoss $ 292us-gaap_NetIncomeLoss $ 528us-gaap_NetIncomeLoss $ 1,384us-gaap_NetIncomeLoss $ 1,361us-gaap_NetIncomeLoss $ 1,094us-gaap_NetIncomeLoss
Less: General partner's incentive distribution                 (482)paa_GeneralPartnerIncentiveDistributionPaidOrToBePaidBasedOnCurrentPeriodEarnings (375)paa_GeneralPartnerIncentiveDistributionPaidOrToBePaidBasedOnCurrentPeriodEarnings (289)paa_GeneralPartnerIncentiveDistributionPaidOrToBePaidBasedOnCurrentPeriodEarnings
Less: General partner 2% ownership                 (18)paa_GeneralPartnerOwnershipInterestInNetIncomeLossAfterIncentiveDistribution (19)paa_GeneralPartnerOwnershipInterestInNetIncomeLossAfterIncentiveDistribution (16)paa_GeneralPartnerOwnershipInterestInNetIncomeLossAfterIncentiveDistribution
Net income available to limited partners                 884us-gaap_NetIncomeLossAllocatedToLimitedPartners 967us-gaap_NetIncomeLossAllocatedToLimitedPartners 789us-gaap_NetIncomeLossAllocatedToLimitedPartners
Less: Undistributed earnings allocated and distributions to participating securities                 (6)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic (7)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic (5)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
Net income available to limited partners in accordance with application of the two-class method for MLPs                 878paa_NetIncomeLossAvailableToLimitedPartnersAfterAdjustmentForTwoClassMethodForMLPsBasic 960paa_NetIncomeLossAvailableToLimitedPartnersAfterAdjustmentForTwoClassMethodForMLPsBasic 784paa_NetIncomeLossAvailableToLimitedPartnersAfterAdjustmentForTwoClassMethodForMLPsBasic
Basic weighted average limited partner units outstanding (in units)                 367us-gaap_WeightedAverageLimitedPartnershipUnitsOutstanding 341us-gaap_WeightedAverageLimitedPartnershipUnitsOutstanding 325us-gaap_WeightedAverageLimitedPartnershipUnitsOutstanding
Basic net income per limited partner unit (in dollars per unit) $ 0.67us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 0.52us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 0.45us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 0.74us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 0.59us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 0.38us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 0.58us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 1.28us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 2.39us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 2.82us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax $ 2.41us-gaap_NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
Diluted Net Income per Limited Partner Unit                      
Net income attributable to PAA 389us-gaap_NetIncomeLoss 323us-gaap_NetIncomeLoss 287us-gaap_NetIncomeLoss 384us-gaap_NetIncomeLoss 309us-gaap_NetIncomeLoss 231us-gaap_NetIncomeLoss 292us-gaap_NetIncomeLoss 528us-gaap_NetIncomeLoss 1,384us-gaap_NetIncomeLoss 1,361us-gaap_NetIncomeLoss 1,094us-gaap_NetIncomeLoss
Less: General partner's incentive distribution                 (482)paa_GeneralPartnerIncentiveDistributionPaidOrToBePaidBasedOnCurrentPeriodEarnings (375)paa_GeneralPartnerIncentiveDistributionPaidOrToBePaidBasedOnCurrentPeriodEarnings (289)paa_GeneralPartnerIncentiveDistributionPaidOrToBePaidBasedOnCurrentPeriodEarnings
Less: General partner 2% ownership                 (18)paa_GeneralPartnerOwnershipInterestInNetIncomeLossAfterIncentiveDistribution (19)paa_GeneralPartnerOwnershipInterestInNetIncomeLossAfterIncentiveDistribution (16)paa_GeneralPartnerOwnershipInterestInNetIncomeLossAfterIncentiveDistribution
Net income available to limited partners                 884paa_NetIncomeLossAllocatedToLimitedPartnersDiluted 967paa_NetIncomeLossAllocatedToLimitedPartnersDiluted 789paa_NetIncomeLossAllocatedToLimitedPartnersDiluted
Less: Undistributed earnings allocated and distributions to participating securities                 (6)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted (6)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted (4)us-gaap_ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
Net income available to limited partners in accordance with application of the two-class method for MLPs                 $ 878paa_NetIncomeLossAvailableToLimitedPartnersAfterAdjustmentForTwoClassMethodForMLPsDiluted $ 961paa_NetIncomeLossAvailableToLimitedPartnersAfterAdjustmentForTwoClassMethodForMLPsDiluted $ 785paa_NetIncomeLossAvailableToLimitedPartnersAfterAdjustmentForTwoClassMethodForMLPsDiluted
Basic weighted average limited partner units outstanding (in units)                 367us-gaap_WeightedAverageLimitedPartnershipUnitsOutstanding 341us-gaap_WeightedAverageLimitedPartnershipUnitsOutstanding 325us-gaap_WeightedAverageLimitedPartnershipUnitsOutstanding
Effect of dilutive securities:                      
Weighted average LTIP units (in units)                 2us-gaap_WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment 2us-gaap_WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment 3us-gaap_WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment
Diluted weighted average limited partner units outstanding (in units)                 369us-gaap_WeightedAverageLimitedPartnershipUnitsOutstandingDiluted 343us-gaap_WeightedAverageLimitedPartnershipUnitsOutstandingDiluted 328us-gaap_WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
Diluted net income per limited partner unit (in dollars per unit) $ 0.67us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 0.52us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 0.45us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 0.73us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 0.58us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 0.38us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 0.57us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 1.27us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 2.38us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 2.80us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted $ 2.40us-gaap_NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted