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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 180 $ 76
Restricted cash 140 130
Inventories 3,352 2,554
Derivative assets 347 469
Prepaid and other current assets 457 394
Total current assets 12,248 10,598
Property, plant and equipment, net 45,804 44,401
Investments in unconsolidated affiliates 2,330 2,352
Intangible assets, net 3,770 3,965
Goodwill 5,608 5,608
Other assets 1,222 1,184
Total assets 70,982 68,108
Current liabilities:    
Current maturities of debt 1,300 1,744
Accrued product payables 8,911 7,988
Accrued interest 455 426
Derivative liabilities 396 354
Other current liabilities 675 778
Total current liabilities 13,131 12,265
Long-term debt 27,448 26,551
Deferred tax liabilities 611 600
Other long-term liabilities 984 941
Commitments and contingent liabilities
Redeemable preferred limited partner interests:    
Series A cumulative convertible preferred units (50,412 units outstanding at December 31, 2023 and December 31, 2022) 49 49
Partners' equity:    
Common limited partner interests (2,168,245,238 units issued and outstanding at December 31, 2023 and 2,170,806,347 units issued and outstanding at December 31, 2022) 28,663 27,555
Treasury units, at cost (1,297) (1,297)
Accumulated other comprehensive income 307 365
Total partners' equity 27,673 26,623
Noncontrolling interests in consolidated subsidiaries 1,086 1,079
Total equity 28,759 27,702
Total liabilities, preferred units, and equity 70,982 68,108
Nonrelated Party [Member]    
Current assets:    
Accounts receivable, net 7,765 6,964
Current liabilities:    
Accounts payable 1,195 743
Related Party [Member]    
Current assets:    
Accounts receivable, net 7 11
Current liabilities:    
Accounts payable $ 199 $ 232