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Segment Reporting
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
Description of Segments
Our consolidated financial statements reflect three reportable segments: Fuel Distribution, Pipeline Systems and Terminals.
Fuel Distribution. Our Fuel Distribution segment supplies motor fuel to independently-operated dealer stations, distributors, commission agents and other consumers. Also included in our Fuel Distribution segment is lease income from properties that we lease or sublease, as well as the Partnership’s credit card services, franchise royalties and retail operations in Hawaii and New Jersey.
Pipeline Systems. Our Pipeline Systems segment includes our investments in the J.C. Nolan Terminal and the J.C. Nolan Pipeline.
Terminals. Our Terminals segment is composed of four transmix processing facilities and 42 refined product terminals.
Segment Operating Results
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, depreciation, amortization and accretion expense, non-cash 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.
The following tables present financial information by segment for the years ended December 31, 2023, 2022 and 2021.

Year Ended December 31,
202320222021
Revenues:
Fuel Distribution
Revenues from external customers$22,955 $25,629 $17,537 
Intersegment revenues31 31 21 
22,986 25,660 17,558 
Pipeline Systems
Revenues from external customers1 — — 
Intersegment revenues— — — 
1 — — 
Terminals
Revenues from external customers112 100 59 
Intersegment revenues373 436 239 
485 536 298 
Eliminations(404)(467)(260)
Total$23,068 $25,729 $17,596 
Year Ended December 31,
202320222021
Segment Adjusted EBITDA:
Fuel Distribution$865 $838 $701 
Pipeline Systems11 10 9 
Terminals88 71 44 
Total$964 $919 $754 
Year Ended December 31,
202320222021
Reconciliation of net income to Adjusted EBITDA:
Net income$394 $475 $524 
Depreciation, amortization and accretion187 193 177 
Interest expense, net217 182 163 
Non-cash unit-based compensation expense17 14 16 
Gain on disposal of assets(7)(13)(14)
Loss on extinguishment of debt— — 36 
Unrealized (gains) losses on commodity derivatives(21)21 (14)
Inventory valuation adjustments114 (5)(190)
Equity in earnings of unconsolidated affiliates(5)(4)(4)
Adjusted EBITDA related to unconsolidated affiliates10 10 9 
Other non-cash adjustments22 20 21 
Income tax expense36 26 30 
Adjusted EBITDA (consolidated)$964 $919 $754 
December 31,
2023		December 31, 2022December 31, 2021
Assets:
Fuel Distribution$6,047 $6,022 $5,075 
Pipeline Systems49 53 47 
Terminals672 643 639 
Total segment assets6,768 6,718 5,761 
Other partnership assets58 112 54 
Total assets$6,826 $6,830 $5,815