XML 75 R66.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Reporting (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
Segment Reporting Information [Line Items]          
Revenues $ 2,080 $ 4,475 $ 5,352 $ 8,167  
Gross Profit [1] 358 269 466 639  
Operating Expenses 150 172 340 390  
Operating income 208 97 126 249  
Interest expense, net (44) (43) (88) (85)  
Other income (expense), net 0 6 0 3  
Net income 157 55 29 164  
Depreciation, amortization and accretion 47 47 92 92  
Non-cash unit-based compensation expense 3 3 7 6  
Loss on disposal of assets and impairment charges 6 2 8 50  
Unrealized loss (gain) on commodity derivatives 0 (3) (6) 3  
Inventory adjustments (90) (4) 137 (97)  
Equity in earnings of unconsolidated affiliate (1) 0 (2) 0  
Income from operations before income taxes 165 60 40 167  
Adjusted EBITDA related to unconsolidated affiliate 3 0 5 0  
Other non-cash adjustments 5 (2) 10 5  
Income tax expense 8 5 11 3  
Adjusted EBITDA 182 152 391 305  
Capital expenditures 18 31 59 57  
Assets 5,121   5,121   $ 5,438
Fuel Distribution and Marketing [Member]          
Segment Reporting Information [Line Items]          
Revenues 1,979 4,240 5,059 7,733  
All Other [Member]          
Segment Reporting Information [Line Items]          
Revenues 101 235 293 434  
Intersegment Eliminations [Member]          
Segment Reporting Information [Line Items]          
Revenues   (479)   (875)  
Motor Fuel Sales [Member]          
Segment Reporting Information [Line Items]          
Revenues 1,992 4,366 5,158 7,949  
Gross Profit [1] 294 190 315 475  
Motor Fuel Sales [Member] | All Other [Member]          
Segment Reporting Information [Line Items]          
Revenues 62 173 189 314  
Non Motor Fuel Sales [Member]          
Segment Reporting Information [Line Items]          
Revenues 54 74 125 148  
Intersegment Sales [Member] | Fuel Distribution and Marketing [Member]          
Segment Reporting Information [Line Items]          
Revenues   463   827  
Intersegment Sales [Member] | All Other [Member]          
Segment Reporting Information [Line Items]          
Revenues   16   48  
Intersegment Sales [Member] | Intersegment Eliminations [Member]          
Segment Reporting Information [Line Items]          
Revenues (152) (479) (445) (875)  
Lease Income [Member]          
Segment Reporting Information [Line Items]          
Revenues 34 35 69 70  
Gross Profit [1] 34 35 69 70  
Lease Income [Member] | Fuel Distribution and Marketing [Member]          
Segment Reporting Information [Line Items]          
Revenues 29 31 59 63  
Lease Income [Member] | All Other [Member]          
Segment Reporting Information [Line Items]          
Revenues 5 4 10 7  
Non Motor Fuel [Member]          
Segment Reporting Information [Line Items]          
Gross Profit [1] 30 44 82 94  
Non Motor Fuel [Member] | Fuel Distribution and Marketing [Member]          
Segment Reporting Information [Line Items]          
Revenues 20 16 31 35  
Non Motor Fuel [Member] | All Other [Member]          
Segment Reporting Information [Line Items]          
Revenues 34 58 94 113  
Including Intercompany [Member] | Fuel Distribution and Marketing [Member]          
Segment Reporting Information [Line Items]          
Revenues   4,703   8,560  
Including Intercompany [Member] | All Other [Member]          
Segment Reporting Information [Line Items]          
Revenues   251   482  
Intersegment Eliminations [Member]          
Segment Reporting Information [Line Items]          
Revenues (152)   (445)    
Intersegment Eliminations [Member] | Intersegment Sales [Member] | Fuel Distribution and Marketing [Member]          
Segment Reporting Information [Line Items]          
Revenues 152   445    
Intersegment Eliminations [Member] | Intersegment Sales [Member] | All Other [Member]          
Segment Reporting Information [Line Items]          
Revenues 0   0    
Operating Segments [Member] | Fuel Distribution and Marketing [Member]          
Segment Reporting Information [Line Items]          
Revenues 2,131   5,504    
Gross Profit [1] 317 215 352 522  
Operating Expenses 117 139 272 274  
Operating income 200 76 80 248  
Interest expense, net (37) (35) (75) (71)  
Other income (expense), net 0 0 0 3  
Net income 161 39 4 176  
Depreciation, amortization and accretion 36 37 73 71  
Non-cash unit-based compensation expense 3 3 7 6  
Loss on disposal of assets and impairment charges 0 0 0 (4)  
Unrealized loss (gain) on commodity derivatives 0 3 6 (3)  
Inventory adjustments (87) (4) 139 (97)  
Equity in earnings of unconsolidated affiliate (1) 0 (2) 0  
Income from operations before income taxes 164 41 7 180  
Adjusted EBITDA related to unconsolidated affiliate 3 0 5 0  
Other non-cash adjustments 5 4 10 5  
Income tax expense 3 2 3 4  
Adjusted EBITDA 160 119 320 237  
Capital expenditures 15 28 40 48  
Assets 4,014   4,014   4,189
Operating Segments [Member] | All Other [Member]          
Segment Reporting Information [Line Items]          
Revenues 101   293    
Gross Profit [1] 41 54 114 117  
Operating Expenses 33 33 68 116  
Operating income 8 21 46 1  
Interest expense, net (7) (8) (13) (14)  
Other income (expense), net   6   0  
Net income (4) 16 25 (12)  
Depreciation, amortization and accretion 11 10 19 21  
Non-cash unit-based compensation expense 0 0 0 0  
Loss on disposal of assets and impairment charges (6) (2) (8) (46)  
Unrealized loss (gain) on commodity derivatives 0 0 0 0  
Inventory adjustments (3) 0 (2) 0  
Equity in earnings of unconsolidated affiliate 0 0 0 0  
Income from operations before income taxes 1 19 33 (13)  
Adjusted EBITDA related to unconsolidated affiliate 0 0 0 0  
Other non-cash adjustments 0 (6) 0 0  
Income tax expense 5 3 8 (1)  
Adjusted EBITDA 22 33 71 68  
Capital expenditures 3 3 19 9  
Assets 1,107   1,107   $ 1,249
Operating Segments [Member] | Motor Fuel Sales [Member] | Fuel Distribution and Marketing [Member]          
Segment Reporting Information [Line Items]          
Gross Profit [1] 275 171 269 429  
Operating Segments [Member] | Motor Fuel Sales [Member] | All Other [Member]          
Segment Reporting Information [Line Items]          
Gross Profit [1] 19 19 46 46  
Operating Segments [Member] | Lease Income [Member] | Fuel Distribution and Marketing [Member]          
Segment Reporting Information [Line Items]          
Gross Profit [1] 29 31 59 63  
Operating Segments [Member] | Lease Income [Member] | All Other [Member]          
Segment Reporting Information [Line Items]          
Gross Profit [1] 5 4 10 7  
Operating Segments [Member] | Non Motor Fuel [Member] | Fuel Distribution and Marketing [Member]          
Segment Reporting Information [Line Items]          
Gross Profit [1] 13 13 24 30  
Operating Segments [Member] | Non Motor Fuel [Member] | All Other [Member]          
Segment Reporting Information [Line Items]          
Gross Profit [1] 17 31 58 64  
External Revenue [Member] | Motor Fuel Sales [Member]          
Segment Reporting Information [Line Items]          
Revenues 1,992 4,366 5,158 7,949  
External Revenue [Member] | Motor Fuel Sales [Member] | Fuel Distribution and Marketing [Member]          
Segment Reporting Information [Line Items]          
Revenues 1,930 4,193 4,969 7,635  
External Revenue [Member] | Motor Fuel Sales [Member] | All Other [Member]          
Segment Reporting Information [Line Items]          
Revenues 62 173 189 314  
External Revenue [Member] | Non Motor Fuel Sales [Member] | Fuel Distribution and Marketing [Member]          
Segment Reporting Information [Line Items]          
Revenues 20   31    
External Revenue [Member] | Non Motor Fuel Sales [Member] | All Other [Member]          
Segment Reporting Information [Line Items]          
Revenues 34   94    
External Revenue [Member] | Lease Income [Member]          
Segment Reporting Information [Line Items]          
Revenues 34 35 69 70  
External Revenue [Member] | Lease Income [Member] | Fuel Distribution and Marketing [Member]          
Segment Reporting Information [Line Items]          
Revenues 29 31 59 63  
External Revenue [Member] | Lease Income [Member] | All Other [Member]          
Segment Reporting Information [Line Items]          
Revenues 5 4 10 7  
External Revenue [Member] | Non Motor Fuel [Member]          
Segment Reporting Information [Line Items]          
Revenues $ 54 74 $ 125 148  
External Revenue [Member] | Non Motor Fuel [Member] | Fuel Distribution and Marketing [Member]          
Segment Reporting Information [Line Items]          
Revenues   16   35  
External Revenue [Member] | Non Motor Fuel [Member] | All Other [Member]          
Segment Reporting Information [Line Items]          
Revenues   $ 58   $ 113  
[1]
Excludes depreciation, amortization and accretion.