XML 91 R71.htm IDEA: XBRL DOCUMENT v3.24.0.1
Acquisitions, Divestitures and Other Transactions - Joint Venture Transaction Narrative (Details) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended 12 Months Ended
Nov. 30, 2023
Jul. 31, 2022
Oct. 31, 2021
Sep. 30, 2023
Dec. 31, 2021
Dec. 31, 2023
Oct. 31, 2022
Joint Venture Formation | Plains Oryx Permian Basin LLC | Level 3              
Business Acquisition [Line Items]              
Identifiable assets acquired and liabilities assumed     $ 3,230        
Joint Venture Formation | Plains Oryx Permian Basin LLC | Level 3 | Measurement Input, Discount Rate | Valuation Technique, Discounted Cash Flow              
Business Acquisition [Line Items]              
Business combination, measurement input     0.12        
Joint Venture Formation | Plains Oryx Permian Basin LLC | Level 3 | Measurement Input, Discount Rate | Valuation Technique, Discounted Cash Flow | Intangible Assets              
Business Acquisition [Line Items]              
Business combination, measurement input     0.16        
Joint Venture Formation | Plains Oryx Permian Basin LLC | Level 3 | Measurement Input, Market Multiple | Valuation, Market Approach | Minimum              
Business Acquisition [Line Items]              
Business combination, measurement input     9.5        
Joint Venture Formation | Plains Oryx Permian Basin LLC | Level 3 | Measurement Input, Market Multiple | Valuation, Market Approach | Maximum              
Business Acquisition [Line Items]              
Business combination, measurement input     11.0        
Joint Venture Formation | Plains Oryx Permian Basin LLC | Plains Oryx Permian Basin LLC              
Business Acquisition [Line Items]              
Net assets of joint venture     $ 7,529        
Plains Oryx Permian Basin LLC              
Business Acquisition [Line Items]              
Consolidated subsidiary, ownership interest (as a percent) 65.00% 65.00%   65.00%      
Noncontrolling interest, ownership (as a percent)           35.00%  
Plains Oryx Permian Basin LLC | Joint Venture Formation              
Business Acquisition [Line Items]              
Consolidated subsidiary, ownership interest (as a percent)     65.00%        
Plains Oryx Permian Basin LLC | Joint Venture Formation | Oryx Midstream Holdings LLC              
Business Acquisition [Line Items]              
Noncontrolling interest, ownership (as a percent)     35.00%        
Oryx Midstream Holdings LLC | Joint Venture Formation | Plains Oryx Permian Basin LLC              
Business Acquisition [Line Items]              
Consideration transferred     $ 3,230        
Identifiable assets acquired and liabilities assumed             $ 3,230
Transaction-related costs         $ 17    
Oryx Midstream Holdings LLC | Modified Sharing Arrangement | Plains Oryx Permian Basin LLC | Maximum              
Business Acquisition [Line Items]              
Modified sharing arrangement, term (in years)     10 years        
Oryx Midstream Holdings LLC | Modified Sharing Arrangement | Plains Oryx Permian Basin LLC | Oryx Midstream Holdings LLC              
Business Acquisition [Line Items]              
Distribution percentage after termination of modified sharing arrangement     35.00%        
Oryx Midstream Holdings LLC | Modified Sharing Arrangement | Plains Oryx Permian Basin LLC | PAA              
Business Acquisition [Line Items]              
Distribution percentage after termination of modified sharing arrangement     65.00%        
Oryx Midstream Holdings LLC | Plains Oryx Permian Basin LLC | Joint Venture Formation              
Business Acquisition [Line Items]              
Noncontrolling interest, ownership (as a percent)     35.00%        
Stonepeak Infrastructure Partners | PAA | Stonepeak Infrastructure Partners, Affiliates | Series A Preferred Units              
Business Acquisition [Line Items]              
Ownership interest (as a percent)     8.90%        
Stonepeak Infrastructure Partners | PAA | Stonepeak Infrastructure Partners, Affiliates | Maximum | Limited Partners              
Business Acquisition [Line Items]              
Ownership interest (as a percent)     1.00%