v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
REVENUES    
Total revenues $ 12,011 $ 11,995
COSTS AND EXPENSES    
Purchases and related costs 10,761 10,917
Field operating costs 368 358
General and administrative expenses 100 96
Depreciation and amortization 262 254
Gain on asset sales, net (13)  
Total costs and expenses 11,478 11,625
OPERATING INCOME 533 370
OTHER INCOME/(EXPENSE)    
Equity earnings in unconsolidated entities 103 95
Gain on investments in unconsolidated entities, net 31  
Interest expense (net of capitalized interest of $2 and $2, respectively) (127) (95)
Other income/(expense), net 26 (5)
INCOME BEFORE TAX 566 365
Current income tax expense (46) (53)
Deferred income tax (expense)/benefit (4) 39
NET INCOME 516 351
Net income attributable to noncontrolling interests (73) (85)
NET INCOME ATTRIBUTABLE TO PAA 443 266
NET INCOME PER COMMON UNIT (NOTE 3):    
Net income allocated to common unitholders - Basic 343 203
Net income allocated to common unitholders - Diluted $ 343 $ 203
Common Units    
NET INCOME PER COMMON UNIT (NOTE 3):    
Basic weighted average common units outstanding (units) 704 701
Diluted weighted average common units outstanding (units) 704 701
Basic net income per common unit (usd per unit) $ 0.49 $ 0.29
Diluted net income per common unit (usd per unit) $ 0.49 $ 0.29
Product sales revenues    
REVENUES    
Total revenues $ 11,544 $ 11,546
Services revenues    
REVENUES    
Total revenues $ 467 $ 449