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Consolidated Statements Of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
REVENUES:    
Natural gas sales $ 1,062 $ 1,012
NGL sales 2,030 1,546
Crude sales 3,254 2,542
Gathering, transportation and other fees 1,430 1,065
Refined product sales 3,810 3,015
Other 296 481
Total revenues 11,882 9,661
COSTS AND EXPENSES:    
Cost of products sold 9,245 7,510
Operating expenses 724 601
Depreciation and amortization 665 628
Selling, general and administrative 148 165
Total costs and expenses 10,782 8,904
OPERATING INCOME 1,100 757
OTHER INCOME (EXPENSE):    
Interest expense, net of interest capitalized (466) (473)
Equity in earnings of unconsolidated affiliates 79 87
Losses on extinguishments of debt (106) (25)
Gains on interest rate derivatives 52 5
Other, net 57 17
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAX (BENEFIT) EXPENSE 716 368
Income tax (benefit) expense from continuing operations (10) 38
INCOME FROM CONTINUING OPERATIONS 726 330
Income (loss) from discontinued operations, net of income taxes (237) (11)
NET INCOME 489 319
Less: Net income attributable to noncontrolling interest 126 80
NET INCOME ATTRIBUTABLE TO PARTNERS 363 239
General Partner’s interest in net income 1 1
Convertible Unitholders' interest in income 21 6
Limited Partners’ interest in net income $ 341 $ 232
NET INCOME PER LIMITED PARTNER UNIT:    
Basic $ 0.32 $ 0.22
Diluted 0.32 0.21
Basic 0.31 0.22
Diluted $ 0.31 $ 0.21