CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents		$ 583	$ 180
Restricted cash		255	140
Inventories		3,955	3,352
Derivative assets		534	347
Prepaid and other current assets		566	457
Total current assets		15,133	12,248
Property, plant and equipment, net		49,062	45,804
Investments in unconsolidated affiliates		2,259	2,330
Intangible assets, net		4,005	3,770
Goodwill	[1]	5,712	5,608
Other assets		997	1,222
Total assets		77,168	70,982
Current liabilities:
Current maturities of debt		1,150	1,300
Accrued product payables		10,777	8,911
Accrued interest		536	455
Derivative liabilities		471	396
Other current liabilities		818	675
Total current liabilities		15,177	13,131
Long-term debt		30,746	27,448
Deferred tax liabilities		656	611
Other long-term liabilities		950	984
Commitments and contingent liabilities
Redeemable preferred limited partner interests:
Series A cumulative convertible preferred units (50,687 units outstanding at December 31, 2024 and 50,412 units outstanding at December 31, 2023)		50	49
Partners' equity:
Common limited partner interests (2,165,699,962 units issued and outstanding at December 31, 2024 and 2,168,245,238 units issued and outstanding at December 31, 2023)		29,793	28,663
Treasury units, at cost		(1,297)	(1,297)
Accumulated other comprehensive income		236	307
Total partners' equity		28,732	27,673
Noncontrolling interests in consolidated subsidiaries		857	1,086
Total equity		29,589	28,759
Total liabilities, preferred units, and equity		77,168	70,982
Nonrelated Party [Member]
Current assets:
Accounts receivable, net		9,236	7,765
Current liabilities:
Accounts payable		1,227	1,195
Related Party [Member]
Current assets:
Accounts receivable, net		4	7
Current liabilities:
Accounts payable		$ 198	$ 199

[1] Balances are presented net of historical accumulated impairment losses of $296 million for the Natural Gas Pipelines & Service segment and $1 million for the Petrochemical & Refined Products Services segment.  There have been no goodwill impairment charges recognized for the reporting units within the NGL Pipelines & Services and Crude Oil Pipelines & Services segments.