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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
REVENUES        
Total revenues $ 7,886 $ 8,792 $ 24,515 $ 25,269
COSTS AND EXPENSES        
Purchases and related costs 6,855 7,768 21,218 22,838
Field operating costs 316 326 983 931
General and administrative expenses 74 74 225 232
Depreciation and amortization 156 129 439 385
(Gains)/losses on asset sales and asset impairments, net (7) 2 (7) (79)
Total costs and expenses 7,394 8,299 22,858 24,307
OPERATING INCOME 492 493 1,657 962
OTHER INCOME/(EXPENSE)        
Equity earnings in unconsolidated entities 102 110 274 281
Gain on investment in unconsolidated entities 4 210 271 210
Interest expense (net of capitalized interest of $7, $8, $29 and $21, respectively) (108) (110) (311) (327)
Other income/(expense), net 5 (3) 23 8
INCOME BEFORE TAX 495 700 1,914 1,134
Current income tax expense (19) (14) (72) (34)
Deferred income tax (expense)/benefit (22) 24 30 (1)
NET INCOME 454 710 1,872 1,099
Net income attributable to noncontrolling interests (5)   (7)  
NET INCOME ATTRIBUTABLE TO PAA 449 710 1,865 1,099
NET INCOME PER COMMON UNIT (NOTE 4):        
Net income allocated to common unitholders — Basic 399 658 1,710 946
Net income allocated to common unitholders — Diluted $ 436 $ 697 $ 1,826 $ 947
Common Units        
NET INCOME PER COMMON UNIT (NOTE 4):        
Basic weighted average common units outstanding (units) 728 726 727 726
Basic net income per common unit (usd per unit) $ 0.55 $ 0.91 $ 2.35 $ 1.30
Diluted weighted average common units outstanding (units) 800 799 800 728
Diluted net income per common unit (usd per unit) $ 0.55 $ 0.87 $ 2.28 $ 1.30
Supply and Logistics        
REVENUES        
Total revenues $ 7,541 $ 8,482 $ 23,477 $ 24,374
Transportation        
REVENUES        
Total revenues 196 161 581 458
OTHER INCOME/(EXPENSE)        
Equity earnings in unconsolidated entities 102 110 274 281
Facilities        
REVENUES        
Total revenues $ 149 $ 149 $ 457 $ 437