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UNAUDITED CONDENSED STATEMENTS OF CONSOLIDATED OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Third parties $ 15,448 $ 10,801 $ 44,481 $ 29,383
Related parties 20 31 55 54
Total revenues 15,468 10,832 44,536 29,437
Operating costs and expenses:        
Third party and other costs 13,459 9,068 38,545 24,064
Related parties 353 341 1,005 965
Total operating costs and expenses 13,812 9,409 39,550 25,029
General and administrative costs:        
Third party and other costs 19 16 68 56
Related parties 36 31 111 99
Total general and administrative costs 55 47 179 155
Total costs and expenses 13,867 9,456 39,729 25,184
Equity in income of unconsolidated affiliates 111 137 335 447
Operating income 1,712 1,513 5,142 4,700
Other income (expense):        
Interest expense (309) (316) (937) (955)
Interest income 3 1 6 3
Other, net 4 0 6 0
Total other expense, net (302) (315) (925) (952)
Income before income taxes 1,410 1,198 4,217 3,748
Provision for income taxes (18) (16) (54) (57)
Net income 1,392 1,182 4,163 3,691
Net income attributable to noncontrolling interests (31) (28) (93) (82)
Net income attributable to preferred units (1) (1) (3) (3)
Net income attributable to common unitholders $ 1,360 $ 1,153 $ 4,067 $ 3,606
Earnings per unit:        
Basic earnings per common unit (in dollars per unit) $ 0.62 $ 0.52 $ 1.85 $ 1.64
Diluted earnings per common unit (in dollars per unit) $ 0.62 $ 0.52 $ 1.85 $ 1.64