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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 351 $ 475
Reconciliation of net income to net cash provided by operating activities:    
Depreciation and amortization 254 256
(Gains)/losses on asset sales, net   (154)
Deferred income tax benefit (39) (8)
Change in fair value of Preferred Distribution Rate Reset Option (Note 7)   (58)
Equity earnings in unconsolidated entities (95) (89)
Distributions on earnings from unconsolidated entities 132 108
Other 8 15
Changes in assets and liabilities, net of acquisitions (192) 198
Net cash provided by operating activities 419 743
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash paid in connection with acquisitions, net of cash acquired (91)  
Investments in unconsolidated entities (3) (4)
Additions to property, equipment and other (157) (122)
Cash paid for purchases of linefill (13)  
Proceeds from sales of assets 3 284
Net cash provided by/(used in) investing activities (261) 158
CASH FLOWS FROM FINANCING ACTIVITIES    
Net borrowings under commercial paper program (Note 5) 107  
Repayments of senior notes   (400)
Distributions paid to noncontrolling interests (Note 6) (100) (78)
Contributions from noncontrolling interests 12  
Other financing activities (5) (56)
Net cash used in financing activities (273) (776)
Effect of translation adjustment (4)  
Net increase/(decrease) in cash and cash equivalents and restricted cash (119) 125
Cash and cash equivalents and restricted cash, beginning of period 450 401
Cash and cash equivalents and restricted cash, end of period 331 526
Cash paid/(received) for:    
Interest, net of amounts capitalized 64 65
Income taxes, net of amounts refunded 86 (18)
Series A Preferred Units    
CASH FLOWS FROM FINANCING ACTIVITIES    
Distributions paid to unitholders (Note 6) (44) (37)
Series B Preferred Units    
CASH FLOWS FROM FINANCING ACTIVITIES    
Distributions paid to unitholders (Note 6) (20) (18)
Common Units    
CASH FLOWS FROM FINANCING ACTIVITIES    
Distributions paid to unitholders (Note 6) $ (223) $ (187)