XML 64 R54.htm IDEA: XBRL DOCUMENT
v3.22.2

Derivatives and Risk Management Activities - Fair Value (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2022 | Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2021 | Dec. 31, 2021
Level 3 |  |  |  |  |
Rollforward of Level 3 Net Asset/(Liability) |  |  |  |  |
Beginning Balance | $ (44) | $ (92) | $ (2) | $ (29) |
Net gains/(losses) for the period included in earnings | (103) | 77 | (147) | 9 |
Settlements |  | 2 | 2 | 7 |
Ending Balance | (147) | (13) | (147) | (13) |
Change in unrealized gains/(losses) included in earnings relating to Level 3 derivatives still held at the end of the period | (103) | $ 77 | (147) | $ 9 |
Recurring Fair Value Measures |  |  |  |  |
Recurring Fair Value Measurements |  |  |  |  |
Total net derivative asset/(liability) | (114) |  | (114) |  | $ (78)
Recurring Fair Value Measures | Commodity derivatives |  |  |  |  |
Recurring Fair Value Measurements |  |  |  |  |
Total net derivative asset/(liability) | (103) |  | (103) |  | (143)
Recurring Fair Value Measures | Interest rate derivatives |  |  |  |  |
Recurring Fair Value Measurements |  |  |  |  |
Total net derivative asset/(liability) | 136 |  | 136 |  | 65
Recurring Fair Value Measures | Preferred Distribution Rate Reset Option and Other |  |  |  |  |
Recurring Fair Value Measurements |  |  |  |  |
Total net derivative asset/(liability) | (147) |  | (147) |  |
Recurring Fair Value Measures | Level 1 |  |  |  |  |
Recurring Fair Value Measurements |  |  |  |  |
Total net derivative asset/(liability) | (76) |  | (76) |  | (17)
Recurring Fair Value Measures | Level 1 | Commodity derivatives |  |  |  |  |
Recurring Fair Value Measurements |  |  |  |  |
Total net derivative asset/(liability) | (76) |  | (76) |  | (17)
Recurring Fair Value Measures | Level 2 |  |  |  |  |
Recurring Fair Value Measurements |  |  |  |  |
Total net derivative asset/(liability) | 109 |  | 109 |  | (59)
Recurring Fair Value Measures | Level 2 | Commodity derivatives |  |  |  |  |
Recurring Fair Value Measurements |  |  |  |  |
Total net derivative asset/(liability) | (27) |  | (27) |  | (124)
Recurring Fair Value Measures | Level 2 | Interest rate derivatives |  |  |  |  |
Recurring Fair Value Measurements |  |  |  |  |
Total net derivative asset/(liability) | 136 |  | 136 |  | 65
Recurring Fair Value Measures | Level 3 |  |  |  |  |
Recurring Fair Value Measurements |  |  |  |  |
Total net derivative asset/(liability) | (147) |  | (147) |  | (2)
Recurring Fair Value Measures | Level 3 | Commodity derivatives |  |  |  |  |
Recurring Fair Value Measurements |  |  |  |  |
Total net derivative asset/(liability) |  |  |  |  | $ (2)
Recurring Fair Value Measures | Level 3 | Preferred Distribution Rate Reset Option and Other |  |  |  |  |
Recurring Fair Value Measurements |  |  |  |  |
Total net derivative asset/(liability) | $ (147) |  | $ (147) |  |

X
- Definition Fair value of the assets less the liabilities of a derivative or group of derivatives. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13433-108611 + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of unrealized gain (loss) recognized in income for derivative asset (liability) after deduction of derivative liability (asset), measured at fair value using unobservable input (level 3) and still held. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
Name: | us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputReconciliationRollForward
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of gain (loss) recognized in income from derivative asset (liability) after deduction of derivative liability (asset), measured at fair value on recurring basis using unobservable input (level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19279-110258 + Details
Name: | us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of settlements of financial instrument classified as a derivative asset (liability) after deduction of derivative liability, measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19279-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Fair value of financial instrument classified as derivative asset (liability) after deduction of derivative liability (asset), measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19279-110258 + Details
Name: | us-gaap_FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsRecurringMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CommodityContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_EmbeddedDerivativeFinancialInstrumentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |