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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
REVENUES        
Total revenues $ 9,930 $ 3,225 $ 18,313 $ 11,494
COSTS AND EXPENSES        
Purchases and related costs 9,277 2,525 16,669 9,893
Field operating costs 252 253 471 557
General and administrative expenses 72 72 139 141
Depreciation and amortization 196 166 374 333
(Gains)/losses on asset sales and asset impairments, net 369 (1) 370 618
Goodwill impairment losses 0 0 0 2,515
Total costs and expenses 10,166 3,015 18,023 14,057
OPERATING INCOME/(LOSS) (236) 210 290 (2,563)
OTHER INCOME/(EXPENSE)        
Equity earnings in unconsolidated entities 33 81 121 191
Gain on/(impairment of) investments in unconsolidated entities, net 0 (69) 0 (91)
Interest expense (net of capitalized interest of $5, $5, $10 and $11, respectively) (107) (108) (213) (215)
Other income/(expense), net 84 18 23 (13)
INCOME/(LOSS) BEFORE TAX (226) 132 221 (2,691)
Current income tax expense (1) (15) (3) (22)
Deferred income tax (expense)/benefit 11 27 (11) 12
NET INCOME/(LOSS) (216) 144 207 (2,701)
Net income attributable to noncontrolling interests (4) (2) (5) (4)
NET INCOME/(LOSS) ATTRIBUTABLE TO PAA (220) 142 202 (2,705)
NET INCOME/(LOSS) PER COMMON UNIT (NOTE 4):        
Net income/(loss) allocated to common unitholders - Basic (269) 92 103 (2,805)
Net income/(loss) allocated to common unitholders - Diluted $ (269) $ 92 $ 103 $ (2,805)
Common Units        
NET INCOME/(LOSS) PER COMMON UNIT (NOTE 4):        
Basic weighted average common units outstanding (units) 720 728 721 728
Diluted weighted average common units outstanding (units) 720 728 721 728
Basic net income/(loss) per common unit (usd per unit) $ (0.37) $ 0.13 $ 0.14 $ (3.85)
Diluted net income/(loss) per common unit (usd per unit) $ (0.37) $ 0.13 $ 0.14 $ (3.85)
Supply and Logistics        
REVENUES        
Total revenues $ 9,623 $ 2,925 $ 17,706 $ 10,833
Transportation        
REVENUES        
Total revenues 162 151 299 338
OTHER INCOME/(EXPENSE)        
Equity earnings in unconsolidated entities 31 81 117 189
Facilities        
REVENUES        
Total revenues 145 149 308 323
OTHER INCOME/(EXPENSE)        
Equity earnings in unconsolidated entities $ 2 $ 0 $ 4 $ 2