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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables present financial information by segment for the years ended December 31, 2025, 2024 and 2023.

Year Ended December 31,
202520242023
Revenues:
Fuel Distribution
Revenues from external customers$23,862 $21,781 $22,955 
Intersegment revenues71 41 31 
23,933 21,822 22,986 
Pipeline Systems
Revenues from external customers729 562 
Intersegment revenues22 — 
751 565 
Terminals
Revenues from external customers433 350 112 
Intersegment revenues971 985 373 
1,404 1,335 485 
Refinery
Revenues from external customers177 — — 
Intersegment revenues297 — — 
474 — — 
Eliminations(1,361)(1,029)(404)
Total$25,201 $22,693 $23,068 
Year Ended December 31,
202520242023
Cost of sales:
Fuel Distribution$22,419 $20,635 $21,761 
Pipeline Systems13 30 (2)
Terminals904 959 348 
Refinery434 — — 
Eliminations(1,361)(1,029)(404)
Total$22,409 $20,595 $21,703 
Year Ended December 31,
202520242023
Operating and lease expenses, excluding non-cash unit-based compensation:
Fuel Distribution$492 $325 $350 
Pipeline Systems196 136 
Terminals181 150 67 
Refinery— — 
Total$874 $611 $419 
Year Ended December 31,
202520242023
General and administrative expenses, excluding non-cash unit-based compensation:
Fuel Distribution$206 $88 $113 
Pipeline Systems42 123 — 
Terminals33 55 
Refinery— — 
Total$282 $266 $114 
Year Ended December 31,
202520242023
Other(1):
Fuel Distribution$(174)$(134)$(103)
Pipeline Systems(218)(101)(10)
Terminals(13)(1)(19)
Refinery(6)— — 
Total$(411)$(236)$(132)
(1) Other by segment includes Adjusted EBITDA from unconsolidated affiliates, unrealized gains and losses on commodity derivatives, inventory valuation adjustments and other less significant items, as applicable.
Year Ended December 31,
202520242023
Segment Adjusted EBITDA:
Fuel Distribution$990 $908 $865 
Pipeline Systems718 377 11 
Terminals299 172 88 
Refinery40 — — 
Total$2,047 $1,457 $964 
Year Ended December 31,
202520242023
Reconciliation of net income to Adjusted EBITDA:
Net income$527 $874 $394 
Depreciation, amortization and accretion688 368 187 
Interest expense, net541 391 217 
Non-cash unit-based compensation expense19 17 17 
(Gain) loss on disposal of assets and impairment charges(6)45 (7)
Loss on extinguishment of debt31 — 
Unrealized (gains) losses on commodity derivatives(11)12 (21)
Inventory valuation adjustments156 86 114 
Equity in earnings of unconsolidated affiliates(143)(60)(5)
Adjusted EBITDA related to unconsolidated affiliates221 101 10 
Gain on West Texas Sale— (586)— 
Other non-cash adjustments(38)32 22 
Income tax expense62 175 36 
Adjusted EBITDA (consolidated)$2,047 $1,457 $964 
Additions to property, plant and equipment (excluding acquisitions) by reportable segment were as follows:
Year Ended December 31,
202520242023
Fuel Distribution$339 $231 $182 
Pipeline Systems87 44 
Terminals124 69 28 
Refinery27 — — 
Total$577 $344 $215 
The following table shows total revenues by geographic area:
Year Ended December 31,
202520242023
United States$22,495 $22,649 $23,068 
Canada1,703 — — 
Foreign1,003 44 — 
Total$25,201 $22,693 $23,068 
The following table shows long-lived assets by geographic area:
December 31,
2025
December 31, 2024
United States$9,053 $7,907 
Canada4,268 — 
Foreign1,536 244 
Total$14,857 $8,151