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Consolidated Statements Of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
[1]
Sep. 30, 2020
Sep. 30, 2019
[1]
REVENUES:        
Total revenues $ 9,955 $ 13,495 $ 28,920 $ 40,493
COSTS AND EXPENSES:        
Cost of products sold 6,376 9,864 18,784 29,642
Operating expenses 773 806 2,422 2,406
Depreciation, depletion and amortization 910 782 2,709 2,334
Selling, general and administrative 174 171 547 495
Asset Impairment Charges 1,474 12 2,803 62
Total costs and expenses 9,707 11,635 27,265 34,939
OPERATING INCOME 248 1,860 1,655 5,554
OTHER INCOME (EXPENSE):        
Interest expense, net of interest capitalized (569) (575) (1,747) (1,680)
Equity in earnings (losses) of unconsolidated affiliates (32) 82 46 224
Equity Method Investment, Other than Temporary Impairment (129) 0 (129) 0
Gain (Loss) on Extinguishment of Debt 0 0 (59) (2)
Gains (losses) on interest rate derivatives 55 (175) (277) (371)
Other, net 107 113 123 242
INCOME (LOSS) BEFORE INCOME TAX EXPENSE (320) 1,305 (388) 3,967
Income tax expense 42 55 169 216
NET INCOME (LOSS) (362) 1,250 (557) 3,751
Less: Net income attributable to noncontrolling interests 284 261 309 783
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest 11 12 36 38
Net Income (Loss) Allocated to Predecessor Equity 0 0 (6) 0
NET INCOME (LOSS) ATTRIBUTABLE TO PARTNERS (657) 977 (896) 2,930
Refined Products [Member]        
REVENUES:        
Revenue from Contract with Customer, Including Assessed Tax 2,720 4,311 7,952 12,514
NGL sales [Member]        
REVENUES:        
Revenue from Contract with Customer, Including Assessed Tax 2,298 3,971 7,170 11,842
Oil and Gas [Member]        
REVENUES:        
Revenue from Contract with Customer, Including Assessed Tax 1,808 1,723 4,751 6,121
Natural Gas, Midstream [Member]        
REVENUES:        
Revenue from Contract with Customer, Including Assessed Tax 2,283 2,466 6,805 6,768
Oil and Gas, Refining and Marketing [Member]        
REVENUES:        
Revenue from Contract with Customer, Including Assessed Tax 681 822 1,783 2,549
Product and Service, Other [Member]        
REVENUES:        
Revenue from Contract with Customer, Including Assessed Tax $ 165 $ 202 $ 459 $ 699
[1] *As adjusted. See Note 1.