UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 206	$ 583
Restricted cash	226	255
Inventories (see Note 3)	4,160	3,955
Derivative assets (see Note 14)	452	534
Prepaid and other current assets	677	566
Total current assets	13,237	15,133
Property, plant and equipment, net (see Note 4)	51,511	49,062
Investments in unconsolidated affiliates (see Note 5)	2,201	2,259
Intangible assets, net (see Note 6)	4,207	4,005
Goodwill (see Note 6)	5,712	5,712
Other assets	954	997
Total assets	77,822	77,168
Current liabilities:
Current maturities of debt (see Note 7)	2,464	1,150
Accrued product payables	9,532	10,777
Accrued interest	288	536
Derivative liabilities (see Note 14)	398	471
Other current liabilities	848	818
Total current liabilities	15,050	15,177
Long-term debt (see Note 7)	31,114	30,746
Deferred tax liabilities (see Note 16)	655	656
Other long-term liabilities	903	950
Commitments and contingent liabilities (see Note 17)
Redeemable preferred limited partner interests: (see Note 8)
Series A cumulative convertible preferred units (“preferred units”) (50,978 units outstanding at September 30, 2025 and 50,687 units outstanding at December 31, 2024	50	50
Partners’ equity:
Common limited partner interests (2,163,126,578 units issued and outstanding at September 30, 2025, 2,165,699,962 units issued outstanding at December 31, 2024	30,242	29,793
Treasury units, at cost	(1,297)	(1,297)
Accumulated other comprehensive income	264	236
Total partners’ equity	29,209	28,732
Noncontrolling interests in consolidated subsidiaries	841	857
Total equity	30,050	29,589
Total liabilities, preferred units, and equity	77,822	77,168
Nonrelated Party
Current assets:
Accounts receivable, net	7,515	9,236
Current liabilities:
Accounts payable	1,359	1,227
Related Party
Current assets:
Accounts receivable, net	1	4
Current liabilities:
Accounts payable	$ 161	$ 198