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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 28.0 $ 15.0
Receivables, net 477.0 593.0
Current Assets, Related Parties 591.0 656.0
Inventories 117.0 110.0
Other current assets 59.0 110.0
Total current assets 1,272.0 1,484.0
Equity method investments 4,081.0 5,275.0
Property, plant and equipment, net 21,615.0 22,145.0
Intangibles, net 991.0 1,270.0
Goodwill 7,657.0 9,536.0
Operating Lease, Right-of-Use Asset 323.0 365.0
Other Assets, Related Parties, Noncurrent 675.0 303.0
Other noncurrent assets 48.0 52.0
Total assets 36,662.0 40,430.0
Current liabilities:    
Accounts payable 140.0 242.0
Accrued Liabilities, Current 169.0 187.0
Current Liabilities, Related Parties 364.0 1,008.0
Accrued Property Plant and Equipment Current 121.0 283.0
Accrued interest payable 207.0 210.0
Operating Lease, Liability, Current 65.0 66.0
Other current liabilities 158.0 127.0
Total current liabilities 1,531.0 2,132.0
Long-term deferred revenue 291.0 217.0
Liabilities, Related Parties, Noncurrent 281.0 290.0
Long-term debt 20,042.0 19,704.0
Deferred income taxes 12.0 12.0
Operating Lease, Liability, Noncurrent 258.0 302.0
Debt, Current 307.0 9.0
Deferred credits and other liabilities 184.0 192.0
Total liabilities 22,599.0 22,849.0
Commitments and contingencies (see Note 21)
Series A preferred units 968.0 968.0
Equity    
Total MPLX LP partners’ capital 12,848.0 16,364.0
Accumulated other comprehensive loss [1] (16.0) (15.0)
Noncontrolling interests 247.0 249.0
Total equity 13,095.0 16,613.0
Total liabilities, preferred units and equity 36,662.0 40,430.0
MPC    
Assets    
Other current assets 1.0 0.0
Operating Lease, Right-of-Use Asset 231.0 232.0
Current liabilities:    
Operating Lease, Liability, Current 1.0 1.0
Operating Lease, Liability, Noncurrent 230.0 230.0
Series B Preferred Stock [Member]    
Equity    
Total MPLX LP partners’ capital 601.0 611.0
Limited Partners Common Units | Public    
Equity    
Total MPLX LP partners’ capital 9,436.0 10,800.0
Total equity 9,436.0 10,800.0
Limited Partners Common Units | MPC    
Equity    
Total MPLX LP partners’ capital 2,827.0 4,968.0
Total equity 2,827.0 4,968.0
LOOP and Explorer    
Equity    
Accumulated other comprehensive loss (16.0) (15.0)
Retained Earnings [Member] | MPC    
Equity    
Total equity $ 0.0 $ 0.0
[1]
These components of “Accumulated other comprehensive loss” are included in the computation of net periodic benefit cost by LOOP and Explorer and are therefore included on the Consolidated Statements of Income under the caption “Income/(loss) from equity method investments.”