XML 41 R27.htm IDEA: XBRL DOCUMENT
v3.23.3

Partners' Capital and Distributions (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Limited Partners' Capital Account |
Schedule of Activity for Preferred Units and Common Units | The following tables present the activity for our preferred and common units:
| Limited Partners
| Series A Preferred Units |  | Series B Preferred Units |  | Common Units
Outstanding at December 31, 2022 | 71,090,468 |  |  | 800,000 |  |  | 698,354,498 |
Issuances of common units under equity-indexed compensation plans | — |  |  | — |  |  | 35,508 |
Outstanding at March 31, 2023 and June 30, 2023 | 71,090,468 |  |  | 800,000 |  |  | 698,390,006 |
Issuances of common units under equity-indexed compensation plans | — |  |  | — |  |  | 2,602,506 |
Outstanding at September 30, 2023 | 71,090,468 |  |  | 800,000 |  |  | 700,992,512 |
| Limited Partners
| Series A Preferred Units |  | Series B Preferred Units |  | Common Units
Outstanding at December 31, 2021 | 71,090,468 |  |  | 800,000 |  |  | 704,991,540 |
Repurchase and cancellation of common units under the Common Equity Repurchase Program | — |  |  | — |  |  | (2,375,299) |
Issuances of common units under equity-indexed compensation plans | — |  |  | — |  |  | 51,937 |
Outstanding at March 31, 2022 | 71,090,468 |  |  | 800,000 |  |  | 702,668,178 |
Repurchase and cancellation of common units under the Common Equity Repurchase Program | — |  |  | — |  |  | (4,876,062) |
Issuances of common units under equity-indexed compensation plans | — |  |  | — |  |  | 147,830 |
Outstanding at June 30, 2022 | 71,090,468 |  |  | 800,000 |  |  | 697,939,946 |
Issuances of common units under equity-indexed compensation plans | — |  |  | — |  |  | 392,739 |
Outstanding at September 30, 2022 | 71,090,468 |  |  | 800,000 |  |  | 698,332,685 |
Schedule of Distributions to Noncontrolling Interests | The following table details distributions paid to noncontrolling interests during the periods presented (in millions):
| Three Months Ended September 30, |  | Nine Months Ended September 30, |  |
| 2023 |  | 2022 |  | 2023 |  | 2022 |  |
Permian JV | $ | 67 |  |  | $ | 68 |  |  | $ | 178 |  |  | $ | 179 |  |  |
Cactus II (1) | 14 |  |  | — |  |  | 43 |  |  | — |  |  |
Red River | 5 |  |  | 5 |  |  | 16 |  |  | 15 |  |  |
| $ | 86 |  |  | $ | 73 |  |  | $ | 237 |  |  | $ | 194 |  |  |
(1)In November 2022, we acquired an additional interest in Cactus II which, combined with changes in the governance of this entity, resulted in our obtaining control of the entity. Subsequent to this transaction, we reflect Cactus II as a consolidated subsidiary. See Note 7 to our Consolidated Financial Statements included in Part IV of our 2022 Annual Report on Form 10-K for additional information on the Cactus II transaction.
Series A Preferred Units |
Limited Partners' Capital Account |
Schedule of Distributions | The following table details distributions to our Series A preferred unitholders paid during or pertaining to the first nine months of 2023 (in millions, except per unit data):
|  | Series A Preferred Unitholders
Distribution Payment Date |  | Cash Distribution |  |  | Distribution per Unit
November 14, 2023 (1) |  | $ | 44 |  |  |  | $ | 0.615 |
August 14, 2023 |  | $ | 44 |  |  |  | $ | 0.615 |
May 15, 2023 |  | $ | 42 |  |  |  | $ | 0.585 |
February 14, 2023 |  | $ | 37 |  |  |  | $ | 0.525 |
(1)Payable to unitholders of record at the close of business on October 31, 2023 for the period from July 1, 2023 through September 30, 2023. At September 30, 2023, such amount was accrued as distributions payable in “Other current liabilities” on our Condensed Consolidated Balance Sheet.
Series B Preferred Units |
Limited Partners' Capital Account |
Schedule of Distributions | The following table details distributions paid or to be paid to our Series B preferred unitholders (in millions, except per unit data):
|  | Series B Preferred Unitholders
Distribution Payment Date |  | Cash Distribution |  |  | Distribution per Unit
November 15, 2023 (1) |  | $ | 20 |  |  |  | $ | 24.88 |
August 15, 2023 |  | $ | 19 |  |  |  | $ | 24.10 |
May 15, 2023 |  | $ | 18 |  |  |  | $ | 22.18 |
February 15, 2023 |  | $ | 18 |  |  |  | $ | 22.27 |
(1)Payable to unitholders of record at the close of business on November 1, 2023 for the period from August 15, 2023 through November 14, 2023. At September 30, 2023, approximately $10 million of accrued distributions payable to our Series B preferred unitholders was included in “Other current liabilities” on our Condensed Consolidated Balance Sheet.
Common Units |
Limited Partners' Capital Account |
Schedule of Distributions | The following table details distributions to our common unitholders paid during or pertaining to the first nine months of 2023 (in millions, except per unit data):
|  | Distributions |  |  | Cash Distribution per Common Unit
|  | Common Unitholders |  | Total Cash Distribution |  |
Distribution Payment Date |  | Public |  | AAP |  |  |
November 14, 2023 (1) |  | $ | 125 |  |  | $ | 62 |  |  | $ | 187 |  |  |  | $ | 0.2675 |
August 14, 2023 |  | $ | 123 |  |  | $ | 64 |  |  | $ | 187 |  |  |  | $ | 0.2675 |
May 15, 2023 |  | $ | 122 |  |  | $ | 65 |  |  | $ | 187 |  |  |  | $ | 0.2675 |
February 14, 2023 |  | $ | 122 |  |  | $ | 65 |  |  | $ | 187 |  |  |  | $ | 0.2675 |
(1)Payable to unitholders of record at the close of business on October 31, 2023 for the period from July 1, 2023 through September 30, 2023.

X
- Definition Distributions Made to Noncontrolling Interests + References No definition available. + Details
Name: | paa_DistributionsMadeToNoncontrollingInterestsTableTextBlock
Namespace Prefix: | paa_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of payment of cash or stock made to limited partner of limited partnership (LP). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1 + Details
Name: | us-gaap_DistributionsMadeToLimitedPartnerByDistributionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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_LimitedPartnersCapitalAccountLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2 + Details
Name: | us-gaap_ScheduleOfStockholdersEquityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_LimitedPartnersCapitalAccountByClassAxis=paa_SeriesAPreferredUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LimitedPartnersCapitalAccountByClassAxis=paa_SeriesBPreferredUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LimitedPartnersCapitalAccountByClassAxis=paa_CommonUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |