XML 45 R33.htm IDEA: XBRL DOCUMENT v3.24.3
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Goodwill balances and activity for the years ended December 31, 2023 and 2022 consisted of the following:
Segment
Fuel DistributionPipeline SystemsTerminalsConsolidated
Balance at December 31, 2021$1,351 $— $217 $1,568 
Goodwill related to transmix processing and terminal acquisition— — 20 20 
Goodwill related to Peerless acquisition13 — — 13 
Balance at December 31, 20221,364 — 237 1,601 
Other adjustments (2)— — (2)
Balance at December 31, 2023$1,362 $— $237 $1,599 
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets
Gross carrying amounts and accumulated amortization for each major class of intangible assets, excluding goodwill, consisted of the following:
 December 31, 2023December 31, 2022
 Gross
Carrying
Amount
Accumulated
Amortization
Net
Book Value
Gross
Carrying
Amount
Accumulated
Amortization
Net
Book Value
Indefinite-lived      
Tradenames$302 $— $302 $302 $— $302 
Liquor licenses12 — 12 12 — 12 
Finite-lived
Customer relations including supply agreements669 440 229 669 396 273 
Other intangibles
Intangible assets, net$991 $447 $544 $991 $403 $588 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of December 31, 2023, the Partnership’s estimate of amortization for each of the five succeeding fiscal years and thereafter for finite-lived intangibles was as follows:
 Amortization
2024$34 
202524 
202624 
202724 
202824 
Thereafter100 
Total$230