Reportable Segments (Tables)

3 Months Ended

Mar. 31, 2021

The following tables present financial information by segment:


	Three Months Ended March 31,
		2021		2020
Revenues:
Intrastate transportation and storage:
Revenues from external customers		$	3,976	$	536
Intersegment revenues		924		57
		4,900		593
Interstate transportation and storage:
Revenues from external customers		501		459
Intersegment revenues		24		5
		525		464
Midstream:
Revenues from external customers		578		501
Intersegment revenues		2,094		669
		2,672		1,170
NGL and refined products transportation and services:
Revenues from external customers		3,397		2,118
Intersegment revenues		593		597
		3,990		2,715
Crude oil transportation and services:
Revenues from external customers		3,500		4,213
Intersegment revenues		—		—
		3,500		4,213
Investment in Sunoco LP:
Revenues from external customers		3,469		3,260
Intersegment revenues		2		12
		3,471		3,272
Investment in USAC:
Revenues from external customers		155		176
Intersegment revenues		3		3
		158		179
All other:
Revenues from external customers		1,419		364
Intersegment revenues		93		149
		1,512		513
Eliminations		(3,733)		(1,492)
Total revenues		$	16,995	$	11,627


	Three Months Ended March 31,
		2021		2020
Segment Adjusted EBITDA:
Intrastate transportation and storage		$	2,813	$	240
Interstate transportation and storage		453		404
Midstream		288		383
NGL and refined products transportation and services		647		663
Crude oil transportation and services		510		591
Investment in Sunoco LP		157		209
Investment in USAC		100		106
All other		72		39
Adjusted EBITDA (consolidated)		5,040		2,635
Depreciation, depletion and amortization		(954)		(867)
Interest expense, net of interest capitalized		(589)		(602)
Impairment losses		(3)		(1,325)
Gains (losses) on interest rate derivatives		194		(329)
Non-cash compensation expense		(28)		(22)
Unrealized gains on commodity risk management activities		46		51
Inventory valuation adjustments (Sunoco LP)		100		(227)
Losses on extinguishments of debt		(7)		(62)
Adjusted EBITDA related to unconsolidated affiliates		(123)		(154)
Equity in earnings (losses) of unconsolidated affiliates		55		(7)

Other, net		(15)		(27)
Income (loss) before income tax expense		3,716		(936)
Income tax expense		(75)		(28)


Net income (loss)		$	3,641	$	(964)


	March 31, 2021		December 31, 2020
Segment assets:
Intrastate transportation and storage	$	7,461	$	7,549
Interstate transportation and storage	17,974		17,730
Midstream	19,364		18,816
NGL and refined products transportation and services	21,614		21,578
Crude oil transportation and services	19,235		18,335
Investment in Sunoco LP	5,380		5,267
Investment in USAC	2,896		2,949
All other	2,294		2,920
Total segment assets	$	96,218	$	95,144