XML 76 R26.htm IDEA: XBRL DOCUMENT v3.20.1
Revenues and Accounts Receivable (Tables)
3 Months Ended
Mar. 31, 2020
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue The following tables present the reconciliation of our revenues from contracts with customers to segment revenues and total revenues as disclosed in our Condensed Consolidated Statements of Operations (in millions):
Three Months Ended March 31, 2020TransportationFacilitiesSupply and
Logistics
Total
Revenues from contracts with customers$573  $305  $7,750  $8,628  
Other items in revenues  158  172  
Total revenues of reportable segments$579  $313  $7,908  $8,800  
Intersegment revenues(531) 
Total revenues$8,269  
Three Months Ended March 31, 2019TransportationFacilitiesSupply and
Logistics
Total
Revenues from contracts with customers$544  $283  $7,846  $8,673  
Other items in revenues12  16  176  204  
Total revenues of reportable segments$556  $299  $8,022  $8,877  
Intersegment revenues(502) 
Total revenues$8,375  
Contracts with customers, change in contract liability balance The following table presents the change in the contract liability balance during the three months ended March 31, 2020 (in millions):
 Contract Liabilities
Balance at December 31, 2019$354  
Amounts recognized as revenue(242) 
Additions36  
Balance at March 31, 2020$148  
The following is a reconciliation of trade accounts receivable from revenues from contracts with customers to total Trade accounts receivable and other receivables, net as presented on our Condensed Consolidated Balance Sheets (in millions):

March 31,
2020
December 31, 2019
Trade accounts receivable arising from revenues from contracts with customers
$1,796  $3,381  
Other trade accounts receivables and other receivables (1)
2,668  3,576  
Impact due to contractual rights of offset with counterparties(2,264) (3,343) 
Trade accounts receivable and other receivables, net$2,200  $3,614  

(1)The balance is comprised primarily of accounts receivable associated with buy/sell arrangements that are not within the scope of Topic 606.
Remaining Performance Obligations The following table presents the amount of consideration associated with remaining performance obligations for the population of contracts with external customers meeting the presentation requirements as of March 31, 2020 (in millions):
Remainder of 202020212022202320242025 and Thereafter
Pipeline revenues supported by minimum volume commitments and capacity agreements (1)
$124  $168  $162  $160  $138  $553  
Storage, terminalling and throughput agreement revenues
307  324  254  192  147  367  
Total$431  $492  $416  $352  $285  $920  
(1)Calculated as volumes committed under contracts multiplied by the current applicable tariff rate.
Supply and Logistics  
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue
The following tables present our Supply and Logistics, Transportation and Facilities segment revenues from contracts with customers disaggregated by type of activity (in millions):

Three Months Ended
March 31,
20202019
Supply and Logistics segment revenues from contracts with customers
Crude oil transactions$7,322  $6,936  
NGL and other transactions428  910  
Total Supply and Logistics segment revenues from contracts with customers
$7,750  $7,846  
Transportation  
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue
Three Months Ended
March 31,
20202019
Transportation segment revenues from contracts with customers
Tariff activities:
Crude oil pipelines$512  $478  
NGL pipelines26  27  
Total tariff activities538  505  
Trucking35  39  
Total Transportation segment revenues from contracts with customers
$573  $544  
Facilities  
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue
Three Months Ended
March 31,
20202019
Facilities segment revenues from contracts with customers
Crude oil, NGL and other terminalling and storage$182  $176  
NGL and natural gas processing and fractionation109  87  
Rail load / unload14  20  
Total Facilities segment revenues from contracts with customers$305  $283