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Business Segments and Related Information (Details)
$ in Millions
3 Months Ended
Mar. 31, 2024
USD ($)
Segment
Mar. 31, 2023
USD ($)
Business Segments [Abstract]    
Number of reportable segments | Segment 4  
Gross Operating Margin    
Operating income $ 1,822 $ 1,734
Adjustments to reconcile operating income to total segment gross operating margin (addition or subtraction indicated by sign):    
Depreciation, amortization and accretion expense in operating costs and expenses [1] 582 533
Asset impairment charges in operating costs and expenses 20 13
Net gains attributable to asset sales and related matters in operating costs and expenses 0 (2)
General and administrative costs 66 57
Non-refundable payments received from shippers attributable to make-up rights [2] 25 27
Subsequent recognition of revenues attributable to make-up rights [3] (8) (20)
Total segment gross operating margin $ 2,507 $ 2,342
[1] Excludes amortization of major maintenance costs for reaction-based plants, which are a component of gross operating margin.
[2] Since make-up rights entail a future performance obligation by the pipeline to the shipper, these receipts are recorded as deferred revenue for GAAP purposes; however, these receipts are included in gross operating margin in the period of receipt since they are nonrefundable to the shipper.
[3] As deferred revenues attributable to make-up rights are subsequently recognized as revenue under GAAP, gross operating margin must be adjusted to remove such amounts to prevent duplication since the associated non-refundable payments were previously included in gross operating margin.