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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
REVENUES      
Total revenues $ 23,290 $ 33,669 $ 34,055
COSTS AND EXPENSES      
Purchases and related costs 20,431 29,452 29,793
Field operating costs 1,076 1,303 1,263
General and administrative expenses 276 302 320
Depreciation and amortization 656 604 521
(Gains)/losses on asset sales and asset impairments, net (Note 6, Note 7) 719 28 (114)
Goodwill impairment losses (Note 8) 2,515 0 0
Total costs and expenses 25,673 31,689 31,783
OPERATING INCOME/(LOSS) (2,383) 1,980 2,272
OTHER INCOME/(EXPENSE)      
Equity earnings in unconsolidated entities 355 388 375
Gain on/(impairment of) investments in unconsolidated entities, net (Note 9) (182) 271 200
Interest expense (net of capitalized interest of $24, $34 and $30, respectively) (436) (425) (431)
Other income/(expense), net 39 24 (7)
INCOME/(LOSS) BEFORE TAX (2,607) 2,238 2,409
Current income tax expense (51) (112) (66)
Deferred income tax (expense)/benefit 218 (64) (236)
NET INCOME/(LOSS) (2,440) 2,062 2,107
Net (income)/loss attributable to noncontrolling interests 1,872 (1,731) (1,773)
NET INCOME/(LOSS) ATTRIBUTABLE TO PAGP (568) 331 334
Supply and Logistics      
REVENUES      
Total revenues 22,058 32,272 32,819
Transportation      
REVENUES      
Total revenues 610 788 648
OTHER INCOME/(EXPENSE)      
Equity earnings in unconsolidated entities 350 388 375
Facilities      
REVENUES      
Total revenues 622 609 588
OTHER INCOME/(EXPENSE)      
Equity earnings in unconsolidated entities $ 5 $ 0 $ 0
Class A Shares      
OTHER INCOME/(EXPENSE)      
BASIC NET INCOME/(LOSS) PER CLASS A SHARE (in dollars per share) $ (3.06) $ 1.97 $ 2.12
DILUTED NET INCOME/(LOSS) PER CLASS A SHARE (in dollars per share) $ (3.07) $ 1.96 $ 2.11
BASIC WEIGHTED AVERAGE CLASS A SHARES OUTSTANDING (in shares) 186 168 158
DILUTED WEIGHTED AVERAGE CLASS A SHARES OUTSTANDING (in shares) 246 170 282