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Consolidated Statement of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues and Other Income        
Operating revenues—related parties $ 108.4 $ 71.1 [1] $ 315.7 $ 204.0 [1]
Operating revenues—third parties 1.8 0.7 [1] 5.9 2.7 [1]
Equity in earnings of affiliates 33.8 25.2 [1] 88.5 51.9 [1]
Other income 0.3 0.1 [1] 0.8 0.2 [1]
Total revenues and other income 144.3 97.1 [1] 410.9 258.8 [1]
Costs and Expenses        
Operating and maintenance expenses 25.5 20.3 [1] 76.4 56.3 [1]
Depreciation 15.1 6.1 [1] 43.5 16.8 [1]
General and administrative expenses 9.2 7.4 [1] 26.0 23.2 [1]
Taxes other than income taxes 1.2 3.1 [1] 12.3 8.9 [1]
Interest and debt expense 9.9 9.2 [1] 30.8 24.6 [1]
Other expenses 0.1   0.1 0.1 [1]
Total costs and expenses 61.0 46.1 [1] 189.1 129.9 [1]
Income before income taxes 83.3 51.0 [1] 221.8 128.9 [1]
Provision for income taxes 0.2 0.1 0.8 0.2
Net Income 83.1 50.9 [1] 221.0 128.7 [1]
Less: Net income (loss) attributable to Predecessors   (1.4) [1] 18.1 (1.0) [1]
Net income attributable to the Partnership 83.1 52.3 [1] 202.9 129.7 [1]
Less: General partner’s interest in net income attributable to the Partnership 26.0 11.5 [1] 62.9 26.9 [1]
Limited partners’ interest in net income attributable to the Partnership $ 57.1 $ 40.8 [1] $ 140.0 $ 102.8 [1]
Net Income Attributable to the Partnership Per Limited Partner Unit—Basic and Diluted (dollars)        
Cash Distributions Paid Per Limited Partner Unit (dollars) $ 0.505 $ 0.4 [1] $ 1,444,000.000 $ 1.11 [1]
Common Units [Member]        
Net Income Attributable to the Partnership Per Limited Partner Unit—Basic and Diluted (dollars)        
Basic, per unit (dollars) 0.57 0.50 [1] 1.53 1.40 [1]
Diluted, per unit (dollars) $ 0.57 $ 0.50 [1] $ 1.53 $ 1.40 [1]
Average Limited Partner Units Outstanding—Basic and Diluted (thousands)        
Basic, units 100,555,277 81,881,736 91,414,459 63,485,577
Diluted, units 100,555,277 81,881,736 91,414,459 63,485,577
Common Units [Member] | Public [Member]        
Costs and Expenses        
Net income attributable to the Partnership     $ 51.2 $ 30.3
Average Limited Partner Units Outstanding—Basic and Diluted (thousands)        
Basic, units 40,392,000 24,139,000 [1] 32,007,000 23,120,000 [1]
Diluted, units 40,392,000 24,139,000 32,007,000 23,120,000
Common Units [Member] | Non-public [Member] | Phillips 66 [Member]        
Costs and Expenses        
Net income attributable to the Partnership     $ 88.8 $ 58.5
Average Limited Partner Units Outstanding—Basic and Diluted (thousands)        
Basic, units 60,163,000 57,743,000 [1] 59,408,000 40,366,000 [1]
Diluted, units 60,163,000 57,743,000 59,408,000 40,366,000
Subordinated Units [Member]        
Net Income Attributable to the Partnership Per Limited Partner Unit—Basic and Diluted (dollars)        
Basic, per unit (dollars)   $ 0.00 $ 0.00 $ 0.82
Diluted, per unit (dollars)   $ 0.00 $ 0.00 $ 0.82
Average Limited Partner Units Outstanding—Basic and Diluted (thousands)        
Basic, units   0 0 17,028,054
Diluted, units   0 0 17,028,054
Subordinated Units [Member] | Non-public [Member] | Phillips 66 [Member]        
Costs and Expenses        
Net income attributable to the Partnership       $ 14.0
Net Income Attributable to the Partnership Per Limited Partner Unit—Basic and Diluted (dollars)        
Basic, per unit (dollars) [1]   $ 0.00   $ 0.82
Diluted, per unit (dollars)   $ 0.00 [1] $ 0.00 $ 0.82 [1]
Average Limited Partner Units Outstanding—Basic and Diluted (thousands)        
Basic, units [1]   0   17,028,000
Diluted, units 0 0   17,028,000
[1] Prior-period financial information has been retrospectively adjusted for acquisitions of businesses under common control.