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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly financial data (unaudited)
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
Total (1)
(in millions, except per unit data)
2019
Total revenues$8,375  $8,253  $7,886  $9,154  $33,669  
Gross margin (2)
$790  $526  $566  $403  $2,285  
Operating income $714  $451  $492  $331  $1,988  
Net income$970  $448  $454  $307  $2,180  
Net income attributable to PAA$970  $446  $449  $306  $2,171  
Basic net income per common unit$1.26  $0.54  $0.55  $0.35  $2.70  
Diluted net income per common unit$1.20  $0.54  $0.55  $0.35  $2.65  
Cash distributions per common unit (3)
$0.30  $0.36  $0.36  $0.36  $1.38  
2018
Total revenues$8,398  $8,080  $8,792  $8,786  $34,055  
Gross margin (2)
$460  $168  $567  $1,399  $2,593  
Operating income $381  $88  $493  $1,315  $2,277  
Net income$288  $100  $710  $1,117  $2,216  
Net income attributable to PAA$288  $100  $710  $1,117  $2,216  
Basic net income per common unit$0.33  $0.07  $0.91  $1.46  $2.77  
Diluted net income per common unit$0.33  $0.07  $0.87  $1.38  $2.71  
Cash distributions per common unit (3)
$0.30  $0.30  $0.30  $0.30  $1.20  

(1)The sum of the four quarters may not equal the total year due to rounding.
(2)Gross margin is calculated as Total revenues less (i) Purchases and related costs, (ii) Field operating costs, (iii) Depreciation and amortization and (iv) (Gains)/losses on asset sales and asset impairments, net.
(3)Represents cash distributions declared and paid in the period presented.