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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
REVENUES        
Total revenues $ 3,225 $ 8,253 $ 11,494 $ 16,628
COSTS AND EXPENSES        
Purchases and related costs 2,525 7,244 9,893 14,362
Field operating costs 253 340 557 667
General and administrative expenses 74 76 144 154
Depreciation and amortization 166 148 335 284
(Gains)/losses on asset sales and asset impairments, net (Note 14) (1) (4) 618 0
Goodwill impairment losses (Note 6) 0   2,515  
Total costs and expenses 3,017 7,804 14,062 15,467
OPERATING INCOME/(LOSS) 208 449 (2,568) 1,161
OTHER INCOME/(EXPENSE)        
Equity earnings in unconsolidated entities 81 83 191 172
Gain on/(impairment of) investments in unconsolidated entities, net (Note 7) (69)   (91) 267
Interest expense (net of capitalized interest of $5, $11, $11 and $22, respectively) (108) (103) (215) (203)
Other income/(expense), net 18 (6) (13) 18
INCOME/(LOSS) BEFORE TAX 130 423 (2,696) 1,415
Current income tax expense (15) (24) (22) (53)
Deferred income tax (expense)/benefit 22 27 162 (22)
NET INCOME/(LOSS) 137 426 (2,556) 1,340
Net (income)/loss attributable to noncontrolling interests (121) (360) 1,991 (1,127)
NET INCOME/(LOSS) ATTRIBUTABLE TO PAGP $ 16 $ 66 $ (565) $ 213
Class A Shares        
OTHER INCOME/(EXPENSE)        
BASIC NET INCOME/(LOSS) PER CLASS A SHARE (in dollars per share) $ 0.09 $ 0.41 $ (3.08) $ 1.32
DILUTED NET INCOME/(LOSS) PER CLASS A SHARE (IN DOLLARS PER SHARE) $ 0.09 $ 0.40 $ (3.08) $ 1.32
BASIC WEIGHTED AVERAGE CLASS A SHARES OUTSTANDING (in shares) 184,000 162,000 183,000 161,000
DILUTED WEIGHTED AVERAGE CLASS A SHARES OUTSTANDING (in shares) 184,000 164,000 183,000 161,000
Supply and Logistics        
REVENUES        
Total revenues $ 2,925 $ 7,914 $ 10,833 $ 15,936
Transportation        
REVENUES        
Total revenues 151 188 338 385
OTHER INCOME/(EXPENSE)        
Equity earnings in unconsolidated entities 81 83 189 172
Facilities        
REVENUES        
Total revenues $ 149 $ 151 323 $ 307
OTHER INCOME/(EXPENSE)        
Equity earnings in unconsolidated entities     $ 2