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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 1,386 $ 1,519
Receivables, less allowance for expected credit loss 736 718
Inventories 192 180
Other current assets 33 29
Total current assets 3,173 3,276
Equity method investments 5,024 4,531
Property, plant and equipment, net 19,191 19,154
Intangibles, net 497 518
Goodwill 7,645 7,645
Right of use assets, net 275 273
Other noncurrent assets 1,015 994
Total assets 37,841 37,511
Liabilities    
Accounts payable 149 147
Accrued liabilities 262 295
Accrued property, plant and equipment 253 208
Long-term debt due within one year 1,500 1,693
Accrued interest payable 267 244
Operating lease liabilities 47 45
Total current liabilities 3,069 3,235
Long-term deferred revenue 308 317
Long-term debt 19,725 19,255
Deferred income taxes 18 18
Long-term operating lease liabilities 218 217
Total liabilities 23,792 23,501
Commitments and contingencies (see Note 16)
Series A Preferred Units 0 203
Equity    
Accumulated other comprehensive income (loss) 5 (3)
Total MPLX LP partners’ capital 13,820 13,576
Noncontrolling interests 229 231
Total equity 14,049 13,807
Total liabilities, preferred units and equity 37,841 37,511
Related Party [Member]    
Assets    
Receivables, less allowance for expected credit loss 569 620
Current assets - related parties 826 830
Other current assets 1 1
Right of use assets, net 223 226
Noncurrent assets - related parties 1,021 1,120
Liabilities    
Operating lease liabilities 1 2
Other current liabilities 399 396
Long-term deferred revenue 108 110
Long-term liabilities - related parties 330 334
Equity    
Limited Partners' Capital Account 4,413 4,257
Nonrelated Party [Member]    
Liabilities    
Other current liabilities 192 207
Long-term deferred revenue 306 315
Long-term liabilities - related parties 124 125
Equity    
Limited Partners' Capital Account $ 9,402 $ 9,322