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Net Income Per Class A Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income Per Class A Share
The following table sets forth the computation of basic and diluted net income per Class A share (in millions, except per share data):
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2025202420252024
Basic Net Income per Class A Share  
Net income attributable to PAGP from continuing operations$10 $30 $56 $69 
Net income attributable to PAGP from discontinued operations
$20 $$58 $12 
Basic weighted average Class A shares outstanding198 197 198 197 
Basic Net Income per Class A Share:
Continuing operations
$0.05 $0.15 $0.29 $0.35 
Discontinued operations
0.10 0.05 0.29 0.06 
Basic net income per Class A share
$0.15 $0.20 $0.58 $0.41 
Diluted Net Income per Class A Share
Net income attributable to PAGP from continuing operations$10 $30 $56 $69 
Net income attributable to PAGP from discontinued operations
$20 $$58 $12 
Incremental net income attributable to PAGP resulting from assumed exchange of AAP Management Units— — 
Net income attributable to PAGP from discontinued operations including incremental net income from assumed exchange of AAP Management Units
$20 $10 $66 $12 
Basic weighted average Class A shares outstanding198 197 198 197 
Dilutive shares resulting from assumed exchange of AAP Management Units— 35 35 — 
Diluted weighted average Class A shares outstanding198 232 233 197 
Diluted Net Income per Class A Share:
Continuing operations$0.05 $0.15 $0.29 $0.35 
Discontinued operations0.10 0.04 0.28 0.06 
Diluted net income per Class A share$0.15 $0.19 $0.57 $0.41