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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Revenues $ 2,080 $ 4,475 $ 5,352 $ 8,167
Cost of sales and operating expenses:        
Cost of sales 1,722 4,206 4,886 7,528
General and administrative 25 34 59 61
Other operating 56 73 151 157
Lease expense 16 16 30 30
Loss on disposal of assets and impairment charges 6 2 8 50
Depreciation, amortization and accretion 47 47 92 92
Total cost of sales and operating expenses 1,872 4,378 5,226 7,918
Operating income 208 97 126 249
Interest expense, net (44) (43) (88) (85)
Other income (expense), net 0 6 0 3
Equity in earnings of unconsolidated affiliate 1 0 2 0
Income before income taxes 165 60 40 167
Income tax expense 8 5 11 3
Net income and comprehensive income $ 157 $ 55 $ 29 $ 164
Net income (loss) per common unit:        
Common units - basic $ 1.65 $ 0.44 $ (0.12) $ 1.51
Common units - diluted $ 1.64 $ 0.43 $ (0.12) $ 1.50
Weighted average common units outstanding:        
Common units - basic 83,030,286 82,742,323 83,022,027 82,726,842
Common units - diluted 83,598,730 83,509,987 83,022,027 83,455,021
Cash distributions per unit $ 0.8255 $ 0.8255 $ 1.6510 $ 1.6510
Common Units [Member]        
Weighted average common units outstanding:        
Common units - basic 83,030,286 82,742,323 83,022,027 82,726,842
Common units - diluted 83,598,730 83,509,987 83,022,027 83,455,021
Motor Fuel Sales [Member]        
Revenues:        
Revenues $ 1,992 $ 4,366 $ 5,158 $ 7,949
Non Motor Fuel Sales [Member]        
Revenues:        
Revenues 54 74 125 148
Lease Income [Member]        
Revenues:        
Revenues $ 34 $ 35 $ 69 $ 70