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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
REVENUES      
Total revenues $ 57,342 $ 42,078 $ 23,290
COSTS AND EXPENSES      
Purchases and related costs 53,176 38,504 20,431
Field operating costs 1,315 1,065 1,076
General and administrative expenses 330 298 276
Depreciation and amortization 968 777 656
(Gains)/losses on asset sales and asset impairments, net (Note 6, Note 7) 269 592 719
Goodwill impairment loss (Note 8) 0 0 2,515
Total costs and expenses 56,058 41,236 25,673
OPERATING INCOME/(LOSS) 1,284 842 (2,383)
OTHER INCOME/(EXPENSE)      
Equity earnings in unconsolidated entities 403 274 355
Gains (losses) on/(impairment of) investments in unconsolidated entities, net (Note 7, Note 9) 346 2 (182)
Interest expense (net of capitalized interest of $5, $18 and $24, respectively) (405) (425) (436)
Other income/(expense), net (219) 19 39
INCOME/(LOSS) BEFORE TAX 1,409 712 (2,607)
Current income tax expense (84) (50) (51)
Deferred income tax (expense)/benefit (162) (62) 218
NET INCOME/(LOSS) 1,163 600 (2,440)
Net (income)/loss attributable to noncontrolling interests (995) (540) 1,872
NET INCOME/(LOSS) ATTRIBUTABLE TO PAGP $ 168 $ 60 $ (568)
Class A Shares      
OTHER INCOME/(EXPENSE)      
Basic weighted average Class A shares outstanding (in shares) 194 194 186
Basic net income/(loss) per Class A share (in dollars per share) $ 0.86 $ 0.31 $ (3.06)
Diluted weighted average Class A shares outstanding (in shares) 194 194 246
Diluted net income/(loss) per Class A share (in dollars per share) $ 0.86 $ 0.31 $ (3.07)
Product sales revenues      
REVENUES      
Total revenues $ 55,948 $ 40,883 $ 22,058
Services revenues      
REVENUES      
Total revenues $ 1,394 $ 1,195 $ 1,232