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STATEMENTS OF CONSOLIDATED OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Total revenues $ 56,219 $ 49,715 $ 58,186
Operating costs and expenses:      
Third party and other costs 47,554 41,632 50,160
Related parties 1,491 1,385 1,342
Total operating costs and expenses 49,045 43,017 51,502
General and administrative costs:      
Third party and other costs 78 75 85
Related parties 166 156 156
Total general and administrative costs 244 231 241
Total costs and expenses 49,289 43,248 51,743
Equity in income of unconsolidated affiliates 408 462 464
Operating income 7,338 6,929 6,907
Other income (expense):      
Interest expense (1,352) (1,269) (1,244)
Interest income 47 27 11
Other, net 2 14 23
Total other expense, net [1] (1,303) (1,228) (1,210)
Income before income taxes 6,035 5,701 5,697
Provision for income taxes (65) (44) (82)
Net income 5,970 5,657 5,615
Net income attributable to noncontrolling interests (69) (125) (125)
Net income attributable to preferred units (4) (3) (3)
Net income attributable to common unitholders $ 5,897 $ 5,529 $ 5,487
Earnings per unit:      
Basic earnings per common unit (in dollars per unit) $ 2.69 $ 2.52 $ 2.5
Diluted earnings per common unit (in dollars per unit) $ 2.69 $ 2.52 $ 2.5
Nonrelated Party [Member]      
Revenues:      
Total revenues $ 56,161 $ 49,654 $ 58,127
Related Party [Member]      
Revenues:      
Total revenues $ 58 $ 61 $ 59
[1] As presented on our Statements of Consolidated Operations, Total other expense, net is comprised of Interest expense, Interest income and Other, net.