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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables present financial information by segment for the years ended December 31, 2024, 2023 and 2022.

			Year Ended December 31,
			2024						2023						2022
Revenues:
Fuel Distribution
Revenues from external customers			$	21,781					$	22,955					$	25,629
Intersegment revenues			41						31						31
			21,822						22,986						25,660
Pipeline Systems
Revenues from external customers			562						1						—
Intersegment revenues			3						—						—
			565						1						—
Terminals
Revenues from external customers			350						112						100
Intersegment revenues			985						373						436
			1,335						485						536
Eliminations			(1,029)						(404)						(467)
Total			$	22,693					$	23,068					$	25,729

			Year Ended December 31,
			2024						2023						2022
Cost of sales:
Fuel Distribution			$	20,635					$	21,761					$	24,419
Pipeline Systems			30						(2)						—
Terminals			959						348						398
Eliminations			(1,029)						(404)						(467)
Total			$	20,595					$	21,703					$	24,350

			Year Ended December 31,
			2024						2023						2022
Operating expenses, excluding non-cash compensation:
Fuel Distribution			$	325					$	350					$	330
Pipeline Systems			136						2						—
Terminals			150						67						66
Total			$	611					$	419					$	396

			Year Ended December 31,
			2024						2023						2022
General and administrative expenses, excluding non-cash compensation:
Fuel Distribution			$	88					$	113					$	110
Pipeline Systems			123						—						—
Terminals			55						1						1
Total			$	266					$	114					$	111

			Year Ended December 31,
			2024						2023						2022
Other(1):
Fuel Distribution			$	(134)					$	(103)					$	(37)
Pipeline Systems			(101)						(10)						(10)
Terminals			(1)						(19)						—
Total			$	(236)					$	(132)					$	(47)

(1) Other by segment includes Adjusted EBITDA from unconsolidated affiliates, unrealized gains and losses on commodity derivatives, inventory valuation adjustments and other less significant items, as applicable.

			Year Ended December 31,
			2024						2023						2022
Segment Adjusted EBITDA:
Fuel Distribution			$	908					$	865					$	838
Pipeline Systems			377						11						10
Terminals			172						88						71
Total			$	1,457					$	964					$	919

			Year Ended December 31,
			2024						2023						2022
Reconciliation of net income to Adjusted EBITDA:
Net income			$	874					$	394					$	475
Depreciation, amortization and accretion			368						187						193
Interest expense, net			391						217						182
Non-cash unit-based compensation expense			17						17						14
(Gain) loss on disposal of assets and impairment charges			45						(7)						(13)
Loss on extinguishment of debt			2						—						—
Unrealized (gains) losses on commodity derivatives			12						(21)						21
Inventory valuation adjustments			86						114						(5)
Equity in earnings of unconsolidated affiliates			(60)						(5)						(4)
Adjusted EBITDA related to unconsolidated affiliates			101						10						10
Gain on West Texas Sale			(586)						—						—
Other non-cash adjustments			32						22						20
Income tax expense			175						36						26
Adjusted EBITDA (consolidated)			$	1,457					$	964					$	919

Total revenues by geographic area are shown in the table below:

			Year Ended December 31,
			2024						2023						2022
United States			$	22,649					$	23,068					$	25,729
Foreign			44						—						—
Total			$	22,693					$	23,068					$	25,729

Total assets by reportable segment were as follows:

			December 31, 2024						December 31, 2023						December 31, 2022
Assets:
Fuel Distribution			$	6,047					$	6,047					$	6,022
Pipeline Systems			6,213						49						53
Terminals			1,944						672						643
Total segment assets			14,204						6,768						6,718
Other partnership assets			171						58						112
Total assets			$	14,375					$	6,826					$	6,830

Additions to property and equipment (excluding acquisitions) by reportable segment were as follows:

			Year Ended December 31,
			2024						2023						2022
Fuel Distribution			$	231					$	182					$	154
Pipeline Systems			44						5						12
Terminals			69						28						20
Total			$	344					$	215					$	186

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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