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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
REVENUES        
Total revenues $ 5,833 $ 7,886 $ 17,327 $ 24,515
COSTS AND EXPENSES        
Purchases and related costs 5,107 6,855 15,000 21,218
Field operating costs 254 316 811 983
General and administrative expenses 61 74 201 225
Depreciation and amortization 160 156 493 439
(Gains)/losses on asset sales and asset impairments, net (Note 14) (2) (7) 617 (7)
Goodwill impairment losses (Note 6) 0 0 2,515 0
Total costs and expenses 5,580 7,394 19,637 22,858
OPERATING INCOME/(LOSS) 253 492 (2,310) 1,657
OTHER INCOME/(EXPENSE)        
Equity earnings in unconsolidated entities 89 102 280 274
Gain on/(impairment of) investments in unconsolidated entities, net (Note 7) (91) 4 (182) 271
Interest expense (net of capitalized interest of $6, $7, $17 and $29, respectively) (113) (108) (329) (311)
Other income/(expense), net 5 5 (7) 23
INCOME/(LOSS) BEFORE TAX 143 495 (2,548) 1,914
Current income tax expense (17) (19) (39) (72)
Deferred income tax (expense)/benefit 20 (22) 32 30
NET INCOME/(LOSS) 146 454 (2,555) 1,872
Net income attributable to noncontrolling interests (3) (5) (7) (7)
NET INCOME/(LOSS) ATTRIBUTABLE TO PAA 143 449 (2,562) 1,865
NET INCOME/(LOSS) PER COMMON UNIT (NOTE 4):        
Net income/(loss) allocated to common unitholders — Basic 93 399 (2,712) 1,710
Net income/(loss) allocated to common unitholders — Diluted $ 93 $ 436 $ (2,712) $ 1,826
Common Units        
NET INCOME/(LOSS) PER COMMON UNIT (NOTE 4):        
Basic weighted average common units outstanding (units) 728 728 728 727
Basic net income/(loss) per common unit (usd per unit) $ 0.13 $ 0.55 $ (3.72) $ 2.35
Diluted weighted average common units outstanding (units) 728 800 728 800
Diluted net income/(loss) per common unit (usd per unit) $ 0.13 $ 0.55 $ (3.72) $ 2.28
Supply and Logistics        
REVENUES        
Total revenues $ 5,537 $ 7,541 $ 16,370 $ 23,477
Transportation        
REVENUES        
Total revenues 146 196 484 581
OTHER INCOME/(EXPENSE)        
Equity earnings in unconsolidated entities 87 102 276 274
Facilities        
REVENUES        
Total revenues 150 $ 149 473 $ 457
OTHER INCOME/(EXPENSE)        
Equity earnings in unconsolidated entities $ 2   $ 4