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Equity Method Investments (Tables)
12 Months Ended
Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Schedule Of Equity Method Investments
 
Ownership as of
 
Carrying value at
 
December 31,
 
December 31,
(Dollars in millions)
2019
 
2019
 
2018
Refining & Marketing
 
 
 
 
 
The Andersons Marathon Holdings LLC
50%
 
$
177

 
$

Watson Cogeneration Company
51%
 
26

 
84

Other(a)
 
 

 
121

Refining & Marketing Total
 
 
$
203

 
$
205

 
 
 
 
 
 
Retail
 
 
 
 
 
PFJ Southeast LLC
29%
 
$
330

 
$
341

Retail Total
 
 
$
330

 
$
341

 
 
 
 
 
 
Midstream
 
 
 
 
 
MPLX
 
 
 
 
 
Andeavor Logistics Rio Pipeline LLC
67%
 
$
202

 
$
181

Centrahoma Processing LLC
40%
 
153

 
160

Explorer Pipeline Company
25%
 
83

 
90

Illinois Extension Pipeline Company, L.L.C
35%
 
265

 
275

LOOP LLC
41%
 
238

 
226

MarEn Bakken Company LLC
25%
 
481

 
498

MarkWest EMG Jefferson Dry Gas Gathering Company, L.L.C.
67%
 
302

 
236

MarkWest Utica EMG, L.L.C.
56%
 
1,984

 
2,039

Minnesota Pipe Line Company, LLC
17%
 
190

 
197

Rendezvous Gas Services, L.L.C.
78%
 
170

 
248

Sherwood Midstream Holdings LLC
53%
 
157

 
157

Sherwood Midstream LLC
50%
 
537

 
366

Whistler Pipeline LLC
38%
 
134

 

Wink to Webster Pipeline LLC
15%
 
126

 

Other
 
 
253

 
228

MPLX Total
 
 
$
5,275

 
$
4,901

MPC-Retained
 
 
 
 
 
Capline Pipeline Company LLC
33%
 
$
374

 
$

Crowley Coastal Partners, LLC
50%
 
188

 
190

Gray Oak Pipeline, LLC
25%
 
298

 
73

LOOP LLC
10%
 
59

 
56

Other
 
 
171

 
132

MPC-Retained Total
 
 
$
1,090

 
$
451

Midstream Total
 
 
$
6,365

 
$
5,352

 
 
 
 
 
 
Total
 
 
$
6,898

 
$
5,898


(a) 
2018 represents our investment in three ethanol entities jointly owned with The Andersons, Inc. In 2019, these entities were contributed into a new legal entity, The Andersons Marathon Holdings, LLC.
Summarized Financial Information For Equity Method Investees
Summarized financial information for all equity method investments in affiliated companies, combined, was as follows:
(In millions)
2019
 
2018
 
2017
Income statement data:
 
 
 
 
 
Revenues and other income
$
7,718

 
$
7,726

 
$
6,235

Income from operations
1,472

 
1,375

 
1,075

Net income
1,284

 
1,242

 
922

Balance sheet data – December 31:
 
 
 
 
 
Current assets
$
1,333

 
$
1,443

 
 
Noncurrent assets
17,216

 
12,408

 
 
Current liabilities
1,006

 
1,857

 
 
Noncurrent liabilities
2,772

 
1,788