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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 220 $ 583
Restricted cash 234 255
Inventories 3,233 3,955
Derivative assets 615 534
Prepaid and other current assets 606 566
Total current assets 12,763 15,133
Property, plant and equipment, net 49,715 49,062
Investments in unconsolidated affiliates 2,251 2,259
Intangible assets, net 3,953 4,005
Goodwill 5,712 5,712
Other assets 1,012 997
Total assets 75,406 77,168
Current liabilities:    
Current maturities of debt 2,453 1,150
Accrued product payables 9,421 10,777
Accrued interest 261 536
Derivative liabilities 538 471
Other current liabilities 774 818
Total current liabilities 14,872 15,177
Long-term debt 29,127 30,746
Deferred tax liabilities 667 656
Other long-term liabilities 915 950
Commitments and contingent liabilities
Redeemable preferred limited partner interests:    
Series A cumulative convertible preferred units (50,782 units outstanding at March 31, 2025 and 50,687 units outstanding at December 31, 2024) 50 50
Partners' equity:    
Common limited partner interests (2,168,902,635 units issued and outstanding at March 31, 2025 and 2,165,699,962 units issued and outstanding at December 31, 2024) 29,927 29,793
Treasury units, at cost (1,297) (1,297)
Accumulated other comprehensive income 285 236
Total partners' equity 28,915 28,732
Noncontrolling interests in consolidated subsidiaries 860 857
Total equity 29,775 29,589
Total liabilities, preferred units, and equity 75,406 77,168
Nonrelated Party [Member]    
Current assets:    
Accounts receivable, net 7,853 9,236
Current liabilities:    
Accounts payable 1,334 1,227
Related Party [Member]    
Current assets:    
Accounts receivable, net 2 4
Current liabilities:    
Accounts payable $ 91 $ 198