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UNAUDITED CONDENSED STATEMENTS OF CONSOLIDATED OPERATIONS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Total revenues $ 15,417 $ 14,760
Operating costs and expenses:    
Third party and other costs 13,298 12,591
Related parties 392 383
Total operating costs and expenses 13,690 12,974
General and administrative costs:    
Third party and other costs 27 22
Related parties 33 44
Total general and administrative costs 60 66
Total costs and expenses 13,750 13,040
Equity in income of unconsolidated affiliates 94 102
Operating income 1,761 1,822
Other income (expense):    
Interest expense (340) (331)
Interest income 8 13
Other, net 1 0
Total other expense, net [1] (331) (318)
Income before income taxes 1,430 1,504
Provision for income taxes (24) (21)
Net income 1,406 1,483
Net income attributable to noncontrolling interests (12) (26)
Net income attributable to preferred units (1) (1)
Net income attributable to common unitholders $ 1,393 $ 1,456
Earnings per unit:    
Basic earnings per common unit (in dollars per unit) $ 0.64 $ 0.66
Diluted earnings per common unit (in dollars per unit) $ 0.64 $ 0.66
Nonrelated Party [Member]    
Revenues:    
Total revenues $ 15,404 $ 14,745
Related Party [Member]    
Revenues:    
Total revenues $ 13 $ 15
[1] As presented on our Statements of Consolidated Operations, Total other expense, net is comprised of Interest expense, Interest income and Other, net.