XML 39 R28.htm IDEA: XBRL DOCUMENT
v3.26.1

Partners' Capital and Distributions (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2026
Partners Capital and Distribution [Line Items] |
Schedule of Activity for Preferred Units and Common Units | The following tables present the activity for our Class A, Class B and Class C shares:
| Class A Shares |  | Class B Shares |  | Class C Shares
Outstanding at December 31, 2025 | 197,904,124 |  |  | 35,096,306 |  |  | 530,932,175 |
Other | — |  |  | — |  |  | 10,986 |
Outstanding at March 31, 2026 | 197,904,124 |  |  | 35,096,306 |  |  | 530,943,161 |
Other | — |  |  | — |  |  | 34,777 |
Outstanding at June 30, 2026 | 197,904,124 |  |  | 35,096,306 |  |  | 530,977,938 |
| Class A Shares |  | Class B Shares |  | Class C Shares
Outstanding at December 31, 2024 | 197,465,699 |  |  | 35,390,231 |  |  | 542,004,838 |
Exchange Right exercises (1) | 277,925 |  |  | (277,925) |  |  | — |
Repurchase of Series A preferred units by a subsidiary |  |  |  |  | (12,678,560) |
Other | — |  |  | — |  |  | 5,650 |
Outstanding at March 31, 2025 | 197,743,624 |  |  | 35,112,306 |  |  | 529,331,928 |
Repurchase and cancellation of common units by a subsidiary under the Common Equity Repurchase Program |  |  |  |  | (476,695) |
Other | — |  |  | — |  |  | 5,197 |
Outstanding at June 30, 2025 | 197,743,624 |  |  | 35,112,306 |  |  | 528,860,430 |
(1)See Note 12 to our Consolidated Financial Statements included in Part IV of our 2025 Annual Report on Form 10-K for information regarding conversions of AAP Management Units, Exchange Rights and Redemption Rights.
Schedule of Distributions to Noncontrolling Interests | 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, |  |
| 2026 |  | 2025 |  | 2026 |  | 2025 |  |
Permian JV | $ | 81 |  |  | $ | 78 |  |  | $ | 165 |  |  | $ | 183 |  |  |
Cactus II | 17 |  |  | 16 |  |  | 32 |  |  | 38 |  |  |
Red River | 4 |  |  | 3 |  |  | 8 |  |  | 8 |  |  |
| $ | 102 |  |  | $ | 97 |  |  | $ | 205 |  |  | $ | 229 |  |  |
AAP |
Partners Capital and Distribution [Line Items] |
Schedule of Distributions | The following table details the distributions to AAP’s partners paid during or pertaining to the first six months of 2026 from distributions received from PAA (in millions):
|  |  |  |  |  | Distributions to AAP’s Partners
Distribution Payment Date |  | Record Date (1) |  | Distribution Period |  | Noncontrolling Interests |  | PAGP |  | Total Cash Distribution
August 14, 2026 |  | July 31, 2026 |  | April 1, 2026 through June 30, 2026 |  | $ | 14 |  |  | $ | 83 |  |  | $ | 97 |
May 15, 2026 |  | May 1, 2026 |  | January 1, 2026 through March 31, 2026 |  | $ | 14 |  |  | $ | 83 |  |  | $ | 97 |
February 13, 2026 |  | January 30, 2026 |  | October 1, 2025 through December 31, 2025 |  | $ | 14 |  |  | $ | 83 |  |  | $ | 97 |
Class A Shareholders |
Partners Capital and Distribution [Line Items] |
Schedule of Distributions | The following table details distributions to our Class A shareholders paid during or pertaining to the first six months of 2026 (in millions, except per share data):
|  |  |  |  |  | Class A Shareholders
Distribution Payment Date |  | Record Date (1) |  | Distribution Period |  | Cash Distribution |  |  | Distribution per Unit
August 14, 2026 |  | July 31, 2026 |  | April 1, 2026 through June 30, 2026 |  | $ | 83 |  |  |  | $ | 0.4175 |
May 15, 2026 |  | May 1, 2026 |  | January 1, 2026 through March 31, 2026 |  | $ | 83 |  |  |  | $ | 0.4175 |
February 13, 2026 |  | January 30, 2026 |  | October 1, 2025 through December 31, 2025 |  | $ | 83 |  |  |  | $ | 0.4175 |
(1)Payable to shareholders of record at the close of business on the applicable Record Date.
Series A Preferred Units | PAA |
Partners Capital and Distribution [Line Items] |
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 2026 (in millions, except per unit data):
|  |  |  |  |  | PAA Series A Preferred Unitholders
Distribution Payment Date |  | Record Date (1) |  | Distribution Period |  | Cash Distribution |  |  | Distribution per Unit
August 14, 2026 (2) |  | July 31, 2026 |  | April 1, 2026 through June 30, 2026 |  | $ | 36 |  |  |  | $ | 0.615 |
May 15, 2026 |  | May 1, 2026 |  | January 1, 2026 through March 31, 2026 |  | $ | 36 |  |  |  | $ | 0.615 |
February 13, 2026 |  | January 30, 2026 |  | October 1, 2025 through December 31, 2025 |  | $ | 36 |  |  |  | $ | 0.615 |
(1)Payable to unitholders of record at the close of business on the applicable Record Date. (2)At June 30, 2026, such amount was accrued as distributions payable in “Other current liabilities” on our Condensed Consolidated Balance Sheet.
Class B Shares | PAA |
Partners Capital and Distribution [Line Items] |
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):
|  |  |  |  |  | PAA Series B Preferred Unitholders
Distribution Payment Date |  | Record Date (1) |  | Distribution Period |  | Cash Distribution |  |  | Distribution per Unit
August 17, 2026 (2) |  | August 3, 2026 |  | May 15, 2026 through August 14, 2026 |  | $ | 16 |  |  |  | $ | 20.50 |
May 15, 2026 |  | May 1, 2026 |  | February 15, 2026 through May 14, 2026 |  | $ | 16 |  |  |  | $ | 19.84 |
February 17, 2026 |  | February 2, 2026 |  | November 15, 2025 through February 14, 2026 |  | $ | 17 |  |  |  | $ | 21.02 |
(1)Payable to unitholders of record at the close of business on the applicable Record Date. (2)At June 30, 2026, approximately $8 million of accrued distributions payable to PAA’s Series B preferred unitholders was included in “Other current liabilities” on our Condensed Consolidated Balance Sheet.
Class C Shares | PAA |
Partners Capital and Distribution [Line Items] |
Schedule of Distributions | The following table details distributions to PAA’s common unitholders paid during or pertaining to the first six months of 2026 (in millions, except per unit data):
|  |  |  |  |  | Distributions |  |  | Distribution per Common Unit
Distribution Payment Date |  | Record Date (1) |  | Distribution Period |  | PAA Common Unitholders |  | Total Cash Distribution |  |
|  |  | Public |  | AAP |  |  |
August 14, 2026 |  | July 31, 2026 |  | April 1, 2026 through June 30, 2026 |  | $ | 198 |  |  | $ | 97 |  |  | $ | 295 |  |  |  | $ | 0.4175 |
May 15, 2026 |  | May 1, 2026 |  | January 1, 2026 through March 31, 2026 |  | $ | 198 |  |  | $ | 97 |  |  | $ | 295 |  |  |  | $ | 0.4175 |
February 13, 2026 |  | January 30, 2026 |  | October 1, 2025 through December 31, 2025 |  | $ | 198 |  |  | $ | 97 |  |  | $ | 295 |  |  |  | $ | 0.4175 |
(1)Payable to unitholders of record at the close of business on the applicable Record Date.

X
- Definition Distributions Made To Noncontrolling Interests + References No definition available. + Details
Name: | pagp_DistributionsMadeToNoncontrollingInterestsTableTextBlock
Namespace Prefix: | pagp_
Data Type: | dtr-types: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://www.xbrl.org/2009/role/commonPracticeRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 5 -Subparagraph (SAB Topic 4.F) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-5 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S45 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480100/505-10-S45-8 + 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://www.xbrl.org/2009/role/commonPracticeRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -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 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480070/505-10-S50-1 + 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: |