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CONSOLIDATED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL - USD ($)
$ in Millions
Total
Plains Oryx Permian Basin LLC
Joint Venture Transaction
Cactus II Pipeline LLC
Partners’ Capital Excluding Noncontrolling Interests
Partners’ Capital Excluding Noncontrolling Interests
Plains Oryx Permian Basin LLC
Joint Venture Transaction
Noncontrolling Interests
Noncontrolling Interests
Plains Oryx Permian Basin LLC
Joint Venture Transaction
Noncontrolling Interests
Cactus II Pipeline LLC
Limited Partners
Series A Preferred Units
Partners’ Capital Excluding Noncontrolling Interests
Limited Partners
Series B Preferred Units
Partners’ Capital Excluding Noncontrolling Interests
Limited Partners
Common Units
Partners’ Capital Excluding Noncontrolling Interests
Limited Partners
Common Units
Partners’ Capital Excluding Noncontrolling Interests
Plains Oryx Permian Basin LLC
Joint Venture Transaction
Beginning balance at Dec. 31, 2020 $ 9,738     $ 9,593   $ 145     $ 1,505 $ 787 $ 7,301  
Increase (Decrease) in Partners' Capital [Roll Forward]                        
Net income 648     593   55     149 49 395  
Distributions (Note 11) (729)     (715)   (14)     (149) (49) (517)  
Other comprehensive income/(loss) 65     65             65  
Equity-indexed compensation expense 19     19             19  
Repurchase of common units (Note 11) (178)     (178)             (178)  
Contributions from noncontrolling interests 1         1            
Partners' capital impact of business combination (Note 7)   $ 3,256     $ 605   $ 2,651         $ 605
Other (10)     (10)             (10)  
Ending balance at Dec. 31, 2021 12,810     9,972   2,838     1,505 787 7,680  
Increase (Decrease) in Partners' Capital [Roll Forward]                        
Net income 1,228     1,037   191     149 52 836  
Distributions (Note 11) (1,083)     (785)   (298)     (149) (52) (584)  
Other comprehensive income/(loss) (101)     (101)             (101)  
Equity-indexed compensation expense 32     32             32  
Repurchase of common units (Note 11) (74)     (74)             (74)  
Contributions from noncontrolling interests 26         26            
Partners' capital impact of business combination (Note 7)   $ (26) $ 526   $ (10)   $ (16) $ 526       $ (10)
Other (13)     (14)   1         (14)  
Ending balance at Dec. 31, 2022 13,325     10,057   3,268     1,505 787 7,765  
Increase (Decrease) in Partners' Capital [Roll Forward]                        
Net income 1,502     1,230   272     173 76 981  
Distributions (Note 11) (1,330)     (997)   (333)     (173) (76) (748)  
Other comprehensive income/(loss) 118     118             118  
Equity-indexed compensation expense 36     36             36  
Contributions from noncontrolling interests 106         106            
Other (25)     (22)   (3)     4   (26)  
Ending balance at Dec. 31, 2023 $ 13,732     $ 10,422   $ 3,310     $ 1,509 $ 787 $ 8,126