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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating revenues:        
Trading and marketing gains (losses), net $ 0 $ (173) $ (249) $ (695)
Total operating revenues 4,319 2,827 11,963 7,230
Operating costs and expenses:        
Operating and maintenance expense 193 168 534 482
Depreciation and amortization expense 90 89 270 273
General and administrative expense 90 63 210 158
Other expenses (income), net 3 2 (5) (4)
Asset Impairment 0 0 1 20
(Gain) loss on sale of assets, net (1) 0 (8) 1
Total operating costs and expenses 4,072 2,833 11,418 7,317
Operating income (loss) 247 (6) 545 (87)
Earnings from unconsolidated affiliates 153 134 464 393
Interest expense, net (69) (73) (210) (227)
Other expenses (income), net 331 55 799 79
Income tax expense (1) 0 (4) 0
Net income 330 55 795 79
Net income attributable to noncontrolling interests (2) (1) (4) (3)
Net income attributable to partners 328 54 791 76
Series A preferred limited partners' interest in net income (10) (9) (28) (28)
Series B preferred limited partners' interest in net income (4) (4) (10) (10)
Series C preferred limited partners' interest in net income (2) (3) (7) (7)
Net income allocable to limited partners $ 312 $ 38 $ 746 $ 31
Net income per limited partner unit — basic and diluted $ 1.50 $ 0.18 $ 3.58 $ 0.15
Weighted Average Limited Partnership Units Outstanding, Basic 208.4 208.4 208.4 208.4
Weighted Average Limited Partnership Units Outstanding, Diluted 208.5 208.7 208.5 208.6
Natural Gas, NGLs and Condensate [Member] | Third Party        
Operating revenues:        
Sales of natural gas, NGLs and condensate $ 3,153 $ 1,935 $ 8,361 $ 5,395
Operating costs and expenses:        
Purchases and related costs 3,344 2,181 9,332 5,484
Transportation, Processing and Other [Member]        
Operating revenues:        
Sales of natural gas, NGLs and condensate 184 144 523 387
Affiliated Entity | Natural Gas, NGLs and Condensate [Member]        
Operating revenues:        
Sales of natural gas, NGLs and condensate 982 921 3,328 2,143
Operating costs and expenses:        
Purchases and related costs 56 81 255 183
Affiliated Entity | Transportation Fees        
Operating costs and expenses:        
Purchases and related costs $ 297 $ 249 $ 829 $ 720