XML 98 R79.htm IDEA: XBRL DOCUMENT v3.22.4
Debt - Components (Details) - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Short-term debt:      
Total short-term debt $ 1,159 $ 822  
Long-term debt:      
PAA senior notes, net of unamortized discounts and debt issuance costs 7,237 8,329  
Noncurrent portion of other long-term debt 50 69  
Total long-term debt 7,287 8,398  
Total debt 8,446 9,220  
PAA senior notes      
Long-term debt:      
Unamortized discounts and debt issuance costs (46) (54)  
PAA senior notes, net of unamortized discounts and debt issuance costs 7,237 8,329  
Debt instrument face value 8,400 9,100  
PAA senior notes | Level 2      
Long-term debt:      
Debt instrument fair value $ 7,600 $ 9,900  
PAA senior notes | 3.65% senior notes due June 2022      
Short-term debt:      
Debt instrument, interest rate (as a percent) 3.65%    
PAA senior notes | 2.85% senior notes due January 2023      
Short-term debt:      
Debt instrument, interest rate (as a percent)   2.85%  
Long-term debt:      
Long-term debt, before deducting unamortized discounts and debt issuance costs $ 0 $ 400  
PAA senior notes | 3.85% senior notes due October 2023      
Short-term debt:      
Debt instrument, interest rate (as a percent)   3.85%  
Long-term debt:      
Long-term debt, before deducting unamortized discounts and debt issuance costs $ 0 $ 700  
PAA senior notes | 3.60% senior notes due November 2024      
Short-term debt:      
Debt instrument, interest rate (as a percent) 3.60%    
Long-term debt:      
Long-term debt, before deducting unamortized discounts and debt issuance costs $ 750 750  
PAA senior notes | 4.65% senior notes due October 2025      
Short-term debt:      
Debt instrument, interest rate (as a percent) 4.65%    
Long-term debt:      
Long-term debt, before deducting unamortized discounts and debt issuance costs $ 1,000 1,000  
PAA senior notes | 4.50% senior notes due December 2026      
Short-term debt:      
Debt instrument, interest rate (as a percent) 4.50%    
Long-term debt:      
Long-term debt, before deducting unamortized discounts and debt issuance costs $ 750 750  
PAA senior notes | 3.55% senior notes due December 2029      
Short-term debt:      
Debt instrument, interest rate (as a percent) 3.55%    
Long-term debt:      
Long-term debt, before deducting unamortized discounts and debt issuance costs $ 1,000 1,000  
PAA senior notes | 3.80% senior notes due September 2030      
Short-term debt:      
Debt instrument, interest rate (as a percent) 3.80%   3.80%
Long-term debt:      
Long-term debt, before deducting unamortized discounts and debt issuance costs $ 750 750  
Debt instrument face value     $ 750
PAA senior notes | 6.70% senior notes due May 2036      
Short-term debt:      
Debt instrument, interest rate (as a percent) 6.70%    
Long-term debt:      
Long-term debt, before deducting unamortized discounts and debt issuance costs $ 250 250  
PAA senior notes | 6.65% senior notes due January 2037      
Short-term debt:      
Debt instrument, interest rate (as a percent) 6.65%    
Long-term debt:      
Long-term debt, before deducting unamortized discounts and debt issuance costs $ 600 600  
PAA senior notes | 5.15% senior notes due June 2042      
Short-term debt:      
Debt instrument, interest rate (as a percent) 5.15%    
Long-term debt:      
Long-term debt, before deducting unamortized discounts and debt issuance costs $ 499 499  
PAA senior notes | 4.30% senior notes due January 2043      
Short-term debt:      
Debt instrument, interest rate (as a percent) 4.30%    
Long-term debt:      
Long-term debt, before deducting unamortized discounts and debt issuance costs $ 348 348  
PAA senior notes | 4.70% senior notes due June 2044      
Short-term debt:      
Debt instrument, interest rate (as a percent) 4.70%    
Long-term debt:      
Long-term debt, before deducting unamortized discounts and debt issuance costs $ 687 687  
PAA senior notes | 4.90% senior notes due February 2045      
Short-term debt:      
Debt instrument, interest rate (as a percent) 4.90%    
Long-term debt:      
Long-term debt, before deducting unamortized discounts and debt issuance costs $ 649 649  
Other long-term debt      
Long-term debt:      
Noncurrent portion of other long-term debt 50 69  
PAA senior notes | 3.65% senior notes due June 2022      
Short-term debt:      
Short-term notes and borrowings 0 $ 750  
Debt instrument, interest rate (as a percent)   3.65%  
PAA senior notes | 2.85% senior notes due January 2023      
Short-term debt:      
Short-term notes and borrowings $ 400 $ 0  
Debt instrument, interest rate (as a percent) 2.85%    
PAA senior notes | 3.85% senior notes due October 2023      
Short-term debt:      
Short-term notes and borrowings $ 700 0  
Debt instrument, interest rate (as a percent) 3.85%    
Other      
Short-term debt:      
Total short-term debt $ 59 $ 72