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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 891 $ 94
Inventories, net 2,383 1,068
Other current assets 270 141
Total current assets 5,516 2,465
Property, plant and equipment 15,256 8,914
Accumulated depreciation (1,848) (1,240)
Property, plant and equipment, net 13,408 7,674
Operating lease right-of-use assets, net 1,449 477
Other assets:    
Goodwill 3,026 1,477
Intangible assets, net 2,411 547
Other non-current assets 928 400
Investments in unconsolidated affiliates 1,624 1,335
Total assets 28,362 14,375
Current liabilities:    
Accrued expenses and other current liabilities 953 457
Operating lease current liabilities 211 34
Current maturities of long-term debt 17 2
Total current liabilities 3,997 1,947
Operating lease non-current liabilities 1,255 479
Long-term debt, net 13,372 7,484
Deferred tax liabilities 1,139 157
Other non-current liabilities 512 158
Total liabilities 20,353 10,307
Commitments and contingencies (Note 15)
Preferred Stock, Value, Outstanding $ 1,507 0
Preferred Units, Outstanding 1,500,000  
Preferred Units, Issued 1,500,000  
Equity:    
Accumulated Other Comprehensive Income (Loss), Net of Tax $ (6) 2
Equity, Including Portion Attributable to Noncontrolling Interest 8,009 4,068
Total liabilities and equity $ 28,362 14,375
Limited partner interest, units outstanding (in units) 51,517,198  
Limited partner interest, units issued (in shares) 51,517,198  
Related Party    
Current liabilities:    
Accounts payable $ 331 199
Equity:    
Other Liabilities 78 82
Nonrelated Party    
Current assets:    
Accounts receivable, net 1,972 1,162
Current liabilities:    
Accounts payable 2,485 1,255
Common Units [Member]    
Equity:    
Total equity $ 3,970 $ 4,066
Limited partner interest, units outstanding (in units) 136,866,854 136,228,535
Limited partner interest, units issued (in shares) 136,866,854 136,228,535
Class C Units Subsidiary [Member]    
Equity:    
Total equity $ 0 $ 0
Limited partner interest, units outstanding (in units) 16,410,780 16,410,780
Limited partner interest, units issued (in shares) 16,410,780 16,410,780
Class D Units    
Equity:    
Total equity $ 2,538 $ 0
Limited partner interest, units outstanding (in units) 51,517,198