XML 37 R27.htm IDEA: XBRL DOCUMENT
v3.23.2

Partners' Capital and Distributions (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Partners' Capital and Distributions |
Schedule of activity for Class A shares, Class B shares and Class C shares | The following tables present the activity for our Class A shares, Class B shares and Class C shares:
| Class A Shares |  | Class B Shares |  | Class C Shares
Outstanding at December 31, 2022 | 194,407,642 |  |  | 46,205,947 |  |  | 528,442,538 |
Conversion of AAP Management Units (1) (2) | — |  |  | 388,839 |  |  | — |
Redemption Right exercises (1) | — |  |  | (181,916) |  |  | 181,916 |
Other | — |  |  | — |  |  | 35,508 |
Outstanding at March 31, 2023 | 194,407,642 |  |  | 46,412,870 |  |  | 528,659,962 |
Exchange Right exercises (1) | 1,554,000 |  |  | (1,554,000) |  |  | — |
Redemption Right exercises (1) | — |  |  | (60,354) |  |  | 60,354 |
Outstanding at June 30, 2023 | 195,961,642 |  |  | 44,798,516 |  |  | 528,720,316 |
| Class A Shares |  | Class B Shares |  | Class C Shares
Outstanding at December 31, 2021 | 194,192,777 |  |  | 46,645,514 |  |  | 534,596,831 |
Conversion of AAP Management Units (1) | — |  |  | 205,024 |  |  | — |
Exchange Right exercises (1) | 35,700 |  |  | (35,700) |  |  | — |
Redemption Right exercises (1) | — |  |  | (11,957) |  |  | 11,957 |
Repurchase and cancellation of common units by a subsidiary under the Common Equity Repurchase Program | — |  |  | — |  |  | (2,375,299) |
Other | — |  |  | — |  |  | 51,937 |
Outstanding at March 31, 2022 | 194,228,477 |  |  | 46,802,881 |  |  | 532,285,426 |
Conversion of AAP Management Units (1) | — |  |  | 53,023 |  |  | — |
Repurchase and cancellation of common units by a subsidiary under the Common Equity Repurchase Program | — |  |  | — |  |  | (4,876,062) |
Other | — |  |  | — |  |  | 147,830 |
Outstanding at June 30, 2022 | 194,228,477 |  |  | 46,855,904 |  |  | 527,557,194 |
(1)See Note 12 to our Consolidated Financial Statements included in Part IV of our 2022 Annual Report on Form 10-K for information regarding conversions of AAP Management Units, Exchange Rights and Redemption Rights. (2)Following this conversion, no AAP Management Units remain outstanding.
Summary of distributions made to noncontrolling interests in consolidated joint ventures | The following table details distributions paid to noncontrolling interests in consolidated joint ventures during the periods presented (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30, |  |
| 2023 |  | 2022 |  | 2023 |  | 2022 |  |
Permian JV | $ | 53 |  |  | $ | 58 |  |  | $ | 111 |  |  | $ | 112 |  |  |
Cactus II (1) | 15 |  |  | — |  |  | 29 |  |  | — |  |  |
Red River | 5 |  |  | 4 |  |  | 11 |  |  | 9 |  |  |
| $ | 73 |  |  | $ | 62 |  |  | $ | 151 |  |  | $ | 121 |  |  |
(1)In November 2022, we acquired an additional interest in Cactus II which, combined with changes in the governance of this entity, resulted in our obtaining control of the entity. Subsequent to this transaction, we reflect Cactus II as a consolidated subsidiary. See Note 7 to our Consolidated Financial Statements included in Part IV of our 2022 Annual Report on Form 10-K for additional information on the Cactus II transaction.
AAP |
Partners' Capital and Distributions |
Schedule of distributions | The following table details the distributions to AAP’s partners paid during or pertaining to the first six months of 2023 from distributions received from PAA (in millions):
|  | Distributions to AAP’s Partners
Distribution Payment Date |  | Noncontrolling Interests |  | PAGP |  | Total Cash Distribution
August 14, 2023 (1) |  | $ | 12 |  |  | $ | 52 |  |  | $ | 64 |
May 15, 2023 |  | $ | 13 |  |  | $ | 52 |  |  | $ | 65 |
February 14, 2023 |  | $ | 13 |  |  | $ | 52 |  |  | $ | 65 |
(1)Payable to unitholders of record at the close of business on July 31, 2023 for the period from April 1, 2023 through June 30, 2023.
Class A Shares |
Partners' Capital and Distributions |
Schedule of distributions | The following table details distributions to our Class A shareholders paid during or pertaining to the first six months of 2023 (in millions, except per share data):
Distribution Payment Date |  | Distributions to Class A Shareholders |  | Distributions per Class A Share
August 14, 2023 (1) |  | $ | 52 |  |  | $ | 0.2675 |
May 15, 2023 |  | $ | 52 |  |  | $ | 0.2675 |
February 14, 2023 |  | $ | 52 |  |  | $ | 0.2675 |
(1)Payable to shareholders of record at the close of business on July 31, 2023 for the period from April 1, 2023 through June 30, 2023.
Series A Preferred Units | PAA |
Partners' Capital and Distributions |
Schedule of distributions | The following table details distributions to PAA’s Series A preferred unitholders paid during or pertaining to the first six months of 2023 (in millions, except per unit data):
|  | Series A Preferred Unitholders
Distribution Payment Date |  | Cash Distribution |  |  | Distribution per Unit
August 14, 2023 (1) |  | $ | 44 |  |  |  | $ | 0.615 |
May 15, 2023 |  | $ | 42 |  |  |  | $ | 0.585 |
February 14, 2023 |  | $ | 37 |  |  |  | $ | 0.525 |
(1)Payable to unitholders of record at the close of business on July 31, 2023 for the period from April 1, 2023 through June 30, 2023. At June 30, 2023, such amount was accrued as distributions payable in “Other current liabilities” on our Condensed Consolidated Balance Sheet.
Series B Preferred Units | PAA |
Partners' Capital and Distributions |
Schedule of distributions | The following table details distributions paid or to be paid to PAA’s Series B preferred unitholders (in millions, except per unit data):
|  | Series B Preferred Unitholders
Distribution Payment Date |  | Cash Distribution |  |  | Distribution per Unit
August 15, 2023 (1) |  | $ | 19 |  |  |  | $ | 24.10 |
May 15, 2023 |  | $ | 18 |  |  |  | $ | 22.18 |
February 15, 2023 |  | $ | 18 |  |  |  | $ | 22.27 |
(1)Payable to unitholders of record at the close of business on August 1, 2023 for the period from May 15, 2023 through August 14, 2023. At June 30, 2023, approximately $10 million of accrued distributions payable to PAA’s Series B preferred unitholders was included in “Other current liabilities” on our Condensed Consolidated Balance Sheet.
Common Units | PAA |
Partners' Capital and Distributions |
Schedule of distributions | The following table details distributions to PAA’s common unitholders paid during or pertaining to the first six months of 2023 (in millions, except per unit data):
|  | Distributions |  |  | Cash Distribution per Common Unit
|  | Common Unitholders |  | Total Cash Distribution |  |
Distribution Payment Date |  | Public |  | AAP |  |  |
August 14, 2023 (1) |  | $ | 123 |  |  | $ | 64 |  |  | $ | 187 |  |  |  | $ | 0.2675 |
May 15, 2023 |  | $ | 122 |  |  | $ | 65 |  |  | $ | 187 |  |  |  | $ | 0.2675 |
February 14, 2023 |  | $ | 122 |  |  | $ | 65 |  |  | $ | 187 |  |  |  | $ | 0.2675 |
(1)Payable to unitholders of record at the close of business on July 31, 2023 for the period from April 1, 2023 through June 30, 2023.

X
- Definition Distributions Made to Noncontrolling Interests + References No definition available. + Details
Name: | pagp_DistributionsMadeToNoncontrollingInterestsTableTextBlock
Namespace Prefix: | pagp_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | pagp_PartnersCapitalAndDistributionLineItems
Namespace Prefix: | pagp_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of payment of cash or stock made to limited partner of limited partnership (LP). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1 + Details
Name: | us-gaap_DistributionsMadeToLimitedPartnerByDistributionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2 + Details
Name: | us-gaap_ScheduleOfStockholdersEquityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | dei_LegalEntityAxis=pagp_PlainsAAPLPMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LimitedPartnersCapitalAccountByClassAxis=pagp_SharesClassAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LimitedPartnersCapitalAccountByClassAxis=pagp_SeriesAPreferredUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=pagp_PlainsAllAmericanPipelineLPMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LimitedPartnersCapitalAccountByClassAxis=pagp_SeriesBPreferredUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LimitedPartnersCapitalAccountByClassAxis=pagp_CommonUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |