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UNAUDITED CONDENSED STATEMENTS OF CONSOLIDATED OPERATIONS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Third parties $ 14,745 $ 12,431
Related parties 15 13
Total revenues 14,760 12,444
Operating costs and expenses:    
Third party and other costs 12,591 10,432
Related parties 383 325
Total operating costs and expenses 12,974 10,757
General and administrative costs:    
Third party and other costs 22 23
Related parties 44 34
Total general and administrative costs 66 57
Total costs and expenses 13,040 10,814
Equity in income of unconsolidated affiliates 102 104
Operating income 1,822 1,734
Other income (expense):    
Interest expense (331) (314)
Interest income 13 12
Total other expense, net (318) (302)
Income before income taxes 1,504 1,432
Provision for income taxes (21) (10)
Net income 1,483 1,422
Net income attributable to noncontrolling interests (26) (31)
Net income attributable to preferred units (1) (1)
Net income attributable to common unitholders $ 1,456 $ 1,390
Earnings per unit:    
Basic earnings per common unit (in dollars per unit) $ 0.66 $ 0.63
Diluted earnings per common unit (in dollars per unit) $ 0.66 $ 0.63