Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2020

The impact to our Condensed Consolidated Statements of Operations from these transactions is included below (in millions):


	Three Months Ended June 30,						Six Months Ended June 30,
	2020		2019		2020		2019
Revenues from related parties ^{(1) (2) (3)}	$	10	$	231	$	33	$	456

Purchases and related costs from related parties ^{(2) (3)}	$	94	$	(14)	$	223	$	100

⁽¹⁾A majority of these revenues are included in “Supply and Logistics segment revenues” on our Condensed Consolidated Statements of Operations.

⁽²⁾Crude oil purchases that are part of inventory exchanges under buy/sell transactions are netted with the related sales, with any margin presented in “Purchases and related costs” in our Condensed Consolidated Statements of Operations.

⁽³⁾Revenues and purchases and related costs from related parties for 2019 include transactions with The Energy & Minerals Group (“EMG”) and its subsidiaries through May 2019 and Occidental Petroleum Corporation (“Oxy”) and its subsidiaries through September 2019. Following transactions reducing EMG and Oxy’s ownership interest in AAP in May and September 2019, respectively, EMG and Oxy are no longer recognized as principal owners. See Note 17 to our 2019 Annual Report on Form 10-K for additional information.

Our receivable and payable amounts with these related parties as reflected on our Condensed Consolidated Balance Sheets were as follows (in millions):


	June 30, 2020		December 31, 2019
Trade accounts receivable and other receivables, net from related parties ⁽¹⁾	$	131	$	134

Trade accounts payable to related parties ^{(1) (2)}	$	46	$	102

⁽¹⁾Includes amounts related to crude oil purchases and sales, transportation services and amounts owed to us or advanced to us related to expansion projects of equity method investees where we serve as construction manager.

⁽²⁾We have agreements to store and transport crude oil at posted tariff rates on pipelines or at facilities that are owned by equity method investees, in which we own a 50% interest. A portion of our commitment to transport is supported by crude oil buy/sell or other agreements with third parties with commensurate quantities.