XML 17 R5.htm IDEA: XBRL DOCUMENT v3.24.3
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Total revenues $ 23,068 $ 25,729 $ 17,596
COST OF SALES AND OPERATING EXPENSES:      
Cost of sales 21,703 24,350 16,246
General and administrative 126 120 109
Other operating 356 338 270
Lease expense 68 63 59
Gain on disposal of assets 7 13 14
Depreciation, amortization and accretion 187 193 177
Total cost of sales and operating expenses 22,433 25,051 16,847
OPERATING INCOME 635 678 749
Interest expense, net (217) (182) (163)
Other income, net 7 1 0
Equity in earnings of unconsolidated affiliates 5 4 4
Loss on extinguishment of debt 0 0 (36)
INCOME BEFORE INCOME TAXES 430 501 554
Income tax expense 36 26 30
NET INCOME AND COMPREHENSIVE INCOME $ 394 $ 475 $ 524
WEIGHTED AVERAGE COMMON UNITS OUTSTANDING:      
CASH DISTRIBUTIONS PER COMMON UNIT $ 3.368 $ 3.302 $ 3.302
Common Units [Member]      
Net income (loss) per common unit - diluted:      
Common units - basic 3.70 4.74 5.35
Common - diluted $ 3.65 $ 4.68 $ 5.28
WEIGHTED AVERAGE COMMON UNITS OUTSTANDING:      
Common units - basic 84,081,083 83,755,378 83,369,534
Common units - diluted 85,093,497 84,803,698 84,438,276
Sales revenue      
Revenues:      
Total revenues $ 22,663 $ 25,350 $ 17,275
Service revenue      
Revenues:      
Total revenues 254 236 183
Lease revenue      
Revenues:      
Total revenues $ 151 $ 143 $ 138