UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 870	$ 583
Restricted cash	226	255
Inventories (see Note 3)	3,969	3,955
Derivative assets (see Note 14)	689	534
Prepaid and other current assets	844	566
Total current assets	14,160	15,133
Property, plant and equipment, net (see Note 4)	50,495	49,062
Investments in unconsolidated affiliates (see Note 5)	2,221	2,259
Intangible assets, net (see Note 6)	3,902	4,005
Goodwill (see Note 6)	5,712	5,712
Other assets	952	997
Total assets	77,442	77,168
Current liabilities:
Current maturities of debt (see Note 7)	1,623	1,150
Accrued product payables	9,721	10,777
Accrued interest	520	536
Derivative liabilities (see Note 14)	627	471
Other current liabilities	812	818
Total current liabilities	14,757	15,177
Long-term debt (see Note 7)	31,110	30,746
Deferred tax liabilities (see Note 16)	672	656
Other long-term liabilities	934	950
Commitments and contingent liabilities (see Note 17)
Redeemable preferred limited partner interests: (see Note 8)
Series A cumulative convertible preferred units (“preferred units”) (50,879 units outstanding at June 30, 2025 and 50,687 units outstanding at December 31, 2024)	50	50
Partners’ equity:
Common limited partner interests (2,165,556,485 units issued and outstanding at June 30, 2025, 2,165,699,962 units issued and outstanding at December 31, 2024)	30,127	29,793
Treasury units, at cost	(1,297)	(1,297)
Accumulated other comprehensive income	236	236
Total partners’ equity	29,066	28,732
Noncontrolling interests in consolidated subsidiaries	853	857
Total equity	29,919	29,589
Total liabilities, preferred units, and equity	77,442	77,168
Nonrelated Party
Current assets:
Accounts receivable, net	7,560	9,236
Current liabilities:
Accounts payable	1,326	1,227
Related Party
Current assets:
Accounts receivable, net	2	4
Current liabilities:
Accounts payable	$ 128	$ 198