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CONSOLIDATED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL - USD ($)
$ in Millions
Total
Plains Oryx Permian Basin LLC (Permian JV)
Joint Venture Formation
Cactus II Pipeline LLC
Noncontrolling Interests
Noncontrolling Interests
Plains Oryx Permian Basin LLC (Permian JV)
Joint Venture Formation
Noncontrolling Interests
Cactus II Pipeline LLC
Limited Partners
Class A Shares
Partners’ Capital
Limited Partners
Class A Shares
Partners’ Capital
Plains Oryx Permian Basin LLC (Permian JV)
Joint Venture Formation
Balance, beginning of period at Dec. 31, 2019 $ 14,485     $ 12,330     $ 2,155  
Increase (Decrease) in Partners' Capital                
Net income/(loss) (2,440)     (1,872)     (568)  
Distributions (Note 12) (863)     (697)     (166)  
Deferred tax asset (Note 15) 16           16  
Other comprehensive income/(loss) (Note 12) 15     9     6  
Equity-indexed compensation expense 20     14     6  
Repurchase of common units by a subsidiary (Note 12) (50)     (54)     4  
Contributions from noncontrolling interests (Note 12) 12     12        
Other (5)     (16)     11  
Balance, end of period at Dec. 31, 2020 11,190     9,726     1,464  
Increase (Decrease) in Partners' Capital                
Net income/(loss) 600     540     60  
Distributions (Note 12) (729)     (589)     (140)  
Deferred tax asset (Note 15) (42)           (42)  
Other comprehensive income/(loss) (Note 12) 65     48     17  
Equity-indexed compensation expense 20     14     6  
Repurchase of common units by a subsidiary (Note 12) (178)     (180)     2  
Contributions from noncontrolling interests (Note 12) 1     1        
Partners' capital impact of business combination (Note 7)   $ 3,256     $ 3,090     $ 166
Other (6)     (6)        
Balance, end of period at Dec. 31, 2021 14,177     12,644     1,533  
Increase (Decrease) in Partners' Capital                
Net income/(loss) 1,163     995     168  
Distributions (Note 12) (1,083)     (921)     (162)  
Deferred tax asset (Note 15) 5           5  
Other comprehensive income/(loss) (Note 12) (101)     (73)     (28)  
Equity-indexed compensation expense 33     23     10  
Repurchase of common units by a subsidiary (Note 12) (74)     (76)     2  
Contributions from noncontrolling interests (Note 12) 26     26        
Partners' capital impact of business combination (Note 7)   $ (26) $ 526   $ (23) $ 526   $ (3)
Other (8)     (7)     (1)  
Balance, end of period at Dec. 31, 2022 $ 14,638     $ 13,114     $ 1,524