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UNAUDITED CONDENSED STATEMENTS OF CONSOLIDATED OPERATIONS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Third parties $ 12,431 $ 12,992
Related parties 13 16
Total revenues 12,444 13,008
Operating costs and expenses:    
Third party and other costs 10,432 11,082
Related parties 325 315
Total operating costs and expenses 10,757 11,397
General and administrative costs:    
Third party and other costs 23 25
Related parties 34 37
Total general and administrative costs 57 62
Total costs and expenses 10,814 11,459
Equity in income of unconsolidated affiliates 104 117
Operating income 1,734 1,666
Other income (expense):    
Interest expense (314) (319)
Interest income 12 1
Other, net 0 2
Total other expense, net (302) (316)
Income before income taxes 1,432 1,350
Provision for income taxes (10) (19)
Net income 1,422 1,331
Net income attributable to noncontrolling interests (31) (34)
Net income attributable to preferred units (1) (1)
Net income attributable to common unitholders $ 1,390 $ 1,296
Earnings per unit:    
Basic earnings per common unit (in dollars per unit) $ 0.63 $ 0.59
Diluted earnings per common unit (in dollars per unit) $ 0.63 $ 0.59