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Segment Reporting | 6 Months Ended
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Jun. 30, 2020
Segment Reporting [Abstract] |
Segment Reporting Disclosure [Text Block] | Segment Reporting Our financial statements reflect two reportable segments, Fuel Distribution and Marketing and All Other. We report Adjusted EBITDA by segment as a measure of segment performance. We define Adjusted EBITDA as net income before net interest expense, income tax expense and depreciation, amortization and accretion expense, non-cash unit-based compensation expense, gains and losses on disposal of assets and impairment charges, unrealized gains and losses on commodity derivatives, inventory adjustments, and certain other operating expenses reflected in net income that we do not believe are indicative of ongoing core operations. Inventory adjustments that are excluded from the calculation of Adjusted EBITDA represent changes in lower of cost or market reserves on the Partnership's inventory. These amounts are unrealized valuation adjustments applied to fuel volumes remaining in inventory at the end of the period. The following table presents financial information by segment for the three and six months ended June 30, 2020 and 2019:
| Three Months Ended June 30,
| 2020 |  | 2019
| Fuel Distribution and Marketing |  | All Other |  | Intercompany Eliminations |  | Totals |  | Fuel Distribution and Marketing |  | All Other |  | Intercompany Eliminations |  | Totals
| (in millions)
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Motor fuel sales | $ | 1,930 |  |  | $ | 62 |  |  |  |  | $ | 1,992 |  |  | $ | 4,193 |  |  | $ | 173 |  |  |  |  | $ | 4,366 |
Non motor fuel sales | 20 |  |  | 34 |  |  |  |  | 54 |  |  | 16 |  |  | 58 |  |  |  |  | 74 |
Lease income | 29 |  |  | 5 |  |  |  |  | 34 |  |  | 31 |  |  | 4 |  |  |  |  | 35 |
Intersegment sales | 152 |  |  | — |  |  | (152 | ) |  | — |  |  | 463 |  |  | 16 |  |  | (479 | ) |  | — |
Total revenue | 2,131 |  |  | 101 |  |  | (152 | ) |  | 2,080 |  |  | 4,703 |  |  | 251 |  |  | (479 | ) |  | 4,475 |
Gross profit (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Motor fuel | 275 |  |  | 19 |  |  |  |  | 294 |  |  | 171 |  |  | 19 |  |  |  |  | 190 |
Non motor fuel | 13 |  |  | 17 |  |  |  |  | 30 |  |  | 13 |  |  | 31 |  |  |  |  | 44 |
Lease | 29 |  |  | 5 |  |  |  |  | 34 |  |  | 31 |  |  | 4 |  |  |  |  | 35 |
Total gross profit | 317 |  |  | 41 |  |  |  |  | 358 |  |  | 215 |  |  | 54 |  |  |  |  | 269 |
Total operating expenses | 117 |  |  | 33 |  |  |  |  | 150 |  |  | 139 |  |  | 33 |  |  |  |  | 172 |
Operating income | 200 |  |  | 8 |  |  |  |  | 208 |  |  | 76 |  |  | 21 |  |  |  |  | 97 |
Interest expense, net | (37 | ) |  | (7 | ) |  |  |  | (44 | ) |  | (35 | ) |  | (8 | ) |  |  |  | (43 | )
Other income (expense), net | — |  |  | — |  |  |  |  | — |  |  | — |  |  | 6 |  |  |  |  | 6 |
Equity in earnings of unconsolidated affiliate | 1 |  |  | — |  |  |  |  | 1 |  |  | — |  |  | — |  |  |  |  | — |
Income from operations before income taxes | 164 |  |  | 1 |  |  |  |  | 165 |  |  | 41 |  |  | 19 |  |  |  |  | 60 |
Income tax expense | 3 |  |  | 5 |  |  |  |  | 8 |  |  | 2 |  |  | 3 |  |  |  |  | 5 |
Net income (loss) and comprehensive income (loss) | $ | 161 |  |  | $ | (4 | ) |  |  |  | $ | 157 |  |  | $ | 39 |  |  | $ | 16 |  |  |  |  | $ | 55 |
Depreciation, amortization and accretion | 36 |  |  | 11 |  |  |  |  | 47 |  |  | 37 |  |  | 10 |  |  |  |  | 47 |
Interest expense, net | 37 |  |  | 7 |  |  |  |  | 44 |  |  | 35 |  |  | 8 |  |  |  |  | 43 |
Income tax expense | 3 |  |  | 5 |  |  |  |  | 8 |  |  | 2 |  |  | 3 |  |  |  |  | 5 |
Non-cash unit-based compensation expense | 3 |  |  | — |  |  |  |  | 3 |  |  | 3 |  |  | — |  |  |  |  | 3 |
Loss on disposal of assets and impairment charges | — |  |  | 6 |  |  |  |  | 6 |  |  | — |  |  | 2 |  |  |  |  | 2 |
Unrealized loss on commodity derivatives | — |  |  | — |  |  |  |  | — |  |  | 3 |  |  | — |  |  |  |  | 3 |
Inventory adjustments | (87 | ) |  | (3 | ) |  |  |  | (90 | ) |  | (4 | ) |  | — |  |  |  |  | (4 | )
Equity in earnings of unconsolidated affiliate | (1 | ) |  | — |  |  |  |  | (1 | ) |  | — |  |  | — |  |  |  |  | — |
Adjusted EBITDA related to unconsolidated affiliate | 3 |  |  | — |  |  |  |  | 3 |  |  | — |  |  | — |  |  |  |  | — |
Other non-cash adjustments | 5 |  |  | — |  |  |  |  | 5 |  |  | 4 |  |  | (6 | ) |  |  |  | (2 | )
Adjusted EBITDA | $ | 160 |  |  | $ | 22 |  |  |  |  | $ | 182 |  |  | $ | 119 |  |  | $ | 33 |  |  |  |  | $ | 152 |
Capital expenditures | $ | 15 |  |  | $ | 3 |  |  |  |  | $ | 18 |  |  | $ | 28 |  |  | $ | 3 |  |  |  |  | $ | 31 |
Total assets as of June 30, 2020 and December 31, 2019, respectively | $ | 4,014 |  |  | $ | 1,107 |  |  |  |  | $ | 5,121 |  |  | $ | 4,189 |  |  | $ | 1,249 |  |  |  |  | $ | 5,438 |
________________________________ (1) Excludes depreciation, amortization and accretion.
| Six Months Ended June 30,
| 2020 |  | 2019
| Fuel Distribution and Marketing |  | All Other |  | Intercompany Eliminations |  | Totals |  | Fuel Distribution and Marketing |  | All Other |  | Intercompany Eliminations |  | Totals
| (in millions)
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Motor fuel sales | $ | 4,969 |  |  | $ | 189 |  |  |  |  | $ | 5,158 |  |  | $ | 7,635 |  |  | $ | 314 |  |  |  |  | $ | 7,949 |
Non motor fuel sales | 31 |  |  | 94 |  |  |  |  | 125 |  |  | 35 |  |  | 113 |  |  |  |  | 148 |
Lease income | 59 |  |  | 10 |  |  |  |  | 69 |  |  | 63 |  |  | 7 |  |  |  |  | 70 |
Intersegment sales | 445 |  |  | — |  |  | (445 | ) |  | — |  |  | 827 |  |  | 48 |  |  | (875 | ) |  | — |
Total revenue | 5,504 |  |  | 293 |  |  | (445 | ) |  | 5,352 |  |  | 8,560 |  |  | 482 |  |  | (875 | ) |  | 8,167 |
Gross profit (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Motor fuel | 269 |  |  | 46 |  |  |  |  | 315 |  |  | 429 |  |  | 46 |  |  |  |  | 475 |
Non motor fuel | 24 |  |  | 58 |  |  |  |  | 82 |  |  | 30 |  |  | 64 |  |  |  |  | 94 |
Lease | 59 |  |  | 10 |  |  |  |  | 69 |  |  | 63 |  |  | 7 |  |  |  |  | 70 |
Total gross profit | 352 |  |  | 114 |  |  |  |  | 466 |  |  | 522 |  |  | 117 |  |  |  |  | 639 |
Total operating expenses | 272 |  |  | 68 |  |  |  |  | 340 |  |  | 274 |  |  | 116 |  |  |  |  | 390 |
Operating income | 80 |  |  | 46 |  |  |  |  | 126 |  |  | 248 |  |  | 1 |  |  |  |  | 249 |
Interest expense, net | (75 | ) |  | (13 | ) |  |  |  | (88 | ) |  | (71 | ) |  | (14 | ) |  |  |  | (85 | )
Other income (expense), net | — |  |  | — |  |  |  |  | — |  |  | 3 |  |  | — |  |  |  |  | 3 |
Equity in earnings of unconsolidated affiliate | 2 |  |  | — |  |  |  |  | 2 |  |  | — |  |  | — |  |  |  |  | — |
Income (loss) from operations before income taxes | 7 |  |  | 33 |  |  |  |  | 40 |  |  | 180 |  |  | (13 | ) |  |  |  | 167 |
Income tax expense (benefit) | 3 |  |  | 8 |  |  |  |  | 11 |  |  | 4 |  |  | (1 | ) |  |  |  | 3 |
Net income (loss) and comprehensive income (loss) | $ | 4 |  |  | $ | 25 |  |  |  |  | $ | 29 |  |  | $ | 176 |  |  | $ | (12 | ) |  |  |  | $ | 164 |
Depreciation, amortization and accretion | 73 |  |  | 19 |  |  |  |  | 92 |  |  | 71 |  |  | 21 |  |  |  |  | 92 |
Interest expense, net | 75 |  |  | 13 |  |  |  |  | 88 |  |  | 71 |  |  | 14 |  |  |  |  | 85 |
Income tax expense (benefit) | 3 |  |  | 8 |  |  |  |  | 11 |  |  | 4 |  |  | (1 | ) |  |  |  | 3 |
Non-cash unit-based compensation expense | 7 |  |  | — |  |  |  |  | 7 |  |  | 6 |  |  | — |  |  |  |  | 6 |
Loss on disposal of assets and impairment charges | — |  |  | 8 |  |  |  |  | 8 |  |  | 4 |  |  | 46 |  |  |  |  | 50 |
Unrealized loss (gain) on commodity derivatives | 6 |  |  | — |  |  |  |  | 6 |  |  | (3 | ) |  | — |  |  |  |  | (3 | )
Inventory adjustments | 139 |  |  | (2 | ) |  |  |  | 137 |  |  | (97 | ) |  | — |  |  |  |  | (97 | )
Equity in earnings of unconsolidated affiliate | (2 | ) |  | — |  |  |  |  | (2 | ) |  | — |  |  | — |  |  |  |  | — |
Adjusted EBITDA related to unconsolidated affiliate | 5 |  |  | — |  |  |  |  | 5 |  |  | — |  |  | — |  |  |  |  | — |
Other non-cash adjustments | 10 |  |  | — |  |  |  |  | 10 |  |  | 5 |  |  | — |  |  |  |  | 5 |
Adjusted EBITDA | $ | 320 |  |  | $ | 71 |  |  |  |  | $ | 391 |  |  | $ | 237 |  |  | $ | 68 |  |  |  |  | $ | 305 |
Capital expenditures | $ | 40 |  |  | $ | 19 |  |  |  |  | $ | 59 |  |  | $ | 48 |  |  | $ | 9 |  |  |  |  | $ | 57 |
Total assets as of June 30, 2020 and December 31, 2019, respectively | $ | 4,014 |  |  | $ | 1,107 |  |  |  |  | $ | 5,121 |  |  | $ | 4,189 |  |  | $ | 1,249 |  |  |  |  | $ | 5,438 |
________________________________ (1) Excludes depreciation, amortization and accretion.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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