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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
REVENUES        
Supply and Logistics segment revenues $ 5,247 $ 10,788 $ 17,225 $ 32,988
Transportation segment revenues 172 198 538 574
Facilities segment revenues 132 141 393 443
Total revenues 5,551 11,127 18,156 34,005
COSTS AND EXPENSES        
Purchases and related costs 4,701 10,166 15,591 31,116
Field operating costs 348 382 1,111 1,078
General and administrative expenses 60 79 219 260
Depreciation and amortization 110 97 327 294
Total costs and expenses 5,219 10,724 17,248 32,748
OPERATING INCOME 332 403 908 1,257
OTHER INCOME/(EXPENSE)        
Equity earnings in unconsolidated entities 45 29 134 73
Interest expense (net of capitalized interest of $14, $12, $42 and $33, respectively) (110) (88) (322) (254)
Other expense, net (4) (4) (7) (2)
INCOME BEFORE TAX 263 340 713 1,074
Current income tax expense (11) (10) (72) (62)
Deferred income tax expense (24) (19) (48) (54)
NET INCOME 228 311 593 958
Net income attributable to noncontrolling interests (196) (295) (500) (913)
NET INCOME ATTRIBUTABLE TO PAGP $ 32 $ 16 $ 93 $ 45
BASIC AND DILUTED NET INCOME PER CLASS A SHARE $ 0.14 $ 0.12 $ 0.42 $ 0.33
BASIC AND DILUTED WEIGHTED AVERAGE CLASS A SHARES OUTSTANDING 225 136 220 136