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Revenues and Accounts Receivable (Tables)
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The following tables present our revenues from contracts with customers disaggregated by segment and type of activity (in millions):
Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
Crude Oil segment revenues from contracts with customers
Sales$11,116 $12,046 $32,351 $35,560 
Transportation337 321 990 915 
Terminalling, Storage and Other84 100 258 286 
Total Crude Oil segment revenues from contracts with customers$11,537 $12,467 $33,599 $36,761 

Three Months Ended
September 30,		Nine Months Ended
September 30,
2025202420252024
NGL segment revenues from contracts with customers
Sales$22 $19 $88 $101 
Terminalling, Storage and Other
2 1 4 5 
Total NGL segment revenues from contracts with customers$24 $20 $92 $106 
The following tables present the reconciliation of our revenues from contracts with customers to total revenues of reportable segments and total revenues as disclosed in our Condensed Consolidated Statements of Operations (in millions):
Three Months Ended September 30, 2025Crude OilNGLTotal
Revenues from contracts with customers$11,537 $24 $11,561 
Other revenues22 — 22 
Total revenues of reportable segments$11,559 $24 $11,583 
Intersegment revenues elimination(5)
Total revenues$11,578 
Three Months Ended September 30, 2024Crude OilNGLTotal
Revenues from contracts with customers$12,467 $20 $12,487 
Other revenues(23)— (23)
Total revenues of reportable segments$12,444 $20 $12,464 
Intersegment revenues elimination(8)
Total revenues$12,456 
Nine Months Ended September 30, 2025Crude OilNGLTotal
Revenues from contracts with customers$33,599 $92 $33,691 
Other revenues
21 — 21 
Total revenues of reportable segments$33,620 $92 $33,712 
Intersegment revenues elimination
(14)
Total revenues$33,698 
Nine Months Ended September 30, 2024Crude OilNGLTotal
Revenues from contracts with customers$36,761 $106 $36,867 
Total revenues of reportable segments$36,761 $106 $36,867 
Intersegment revenues elimination
(13)
Total revenues$36,854 
Schedule of Contract with Customer, Counterparty Deficiencies The following table presents counterparty deficiencies associated with contracts with customers and buy/sell arrangements that include minimum volume commitments for which we had remaining performance obligations and the customers still had the ability to meet their obligations (in millions):
Counterparty DeficienciesFinancial Statement ClassificationSeptember 30,
2025		December 31,
2024
Billed and collectedOther current liabilities$57 $83 
Schedule of Contracts with Customers, Change in Asset and Liability Balance The following table presents the changes in the liability balance associated with contracts with customers (in millions):
 Contract Liabilities
Balance at December 31, 2024$87 
Amounts recognized as revenue(40)
Additions19 
Balance at September 30, 2025$66 
The following is a reconciliation of trade accounts receivable from revenues from contracts with customers to total trade accounts receivable and other receivables, net as presented on our Condensed Consolidated Balance Sheets (in millions):
September 30,
2025		December 31,
2024
Trade accounts receivable arising from revenues from contracts with customers
$3,835 $3,922 
Other trade accounts receivable and other receivables (1)
7,839 7,339 
Impact due to contractual rights of offset with counterparties(8,051)(7,582)
Trade accounts receivable and other receivables, net$3,623 $3,679 
(1)The balance is comprised primarily of accounts receivable associated with buy/sell arrangements that are not within the scope of ASC 606.
Schedule of Remaining Performance Obligations The following table presents the amount of consideration associated with remaining performance obligations for the population of contracts with external customers meeting the presentation requirements as of September 30, 2025 (in millions):
Remainder of 2025
2026
2027
2028
2029
2030 and Thereafter
Pipeline revenues supported by minimum volume commitments and capacity agreements (1)
$79 $286 $243 $205 $106 $425 
Terminalling, storage and other agreement revenues59 232 203 148 105 492 
Total$138 $518 $446 $353 $211 $917 
(1)Calculated as volumes committed under contracts multiplied by the current applicable tariff rate.