v3.26.1
Segment Information - Reconciliation to Net Income (Details) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Segment Reporting, Revenue Reconciling Item [Line Items]    
Depreciation and Amortization [1] $ 358 $ 326
Interest and Other Financial Costs 291 229
Income from equity method investments 182 186
Net income 922 1,136
Operating Segments    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Adjusted EBITDA 1,729 1,757
Segment Reconciling Items [Member]    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Distributions/adjustments related to equity method investments 251 227
Adjusted EBITDA attributable to noncontrolling interests 11 11
Other Noncash Income (Expense) [2] 100 36
Crude Oil and Products Logistics    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Depreciation and Amortization 143 133
Crude Oil and Products Logistics | Operating Segments    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Adjusted EBITDA [3] 1,111 1,097
Income from equity method investments 62 56
Natural Gas and NGL Services    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Depreciation and Amortization 215 193
Natural Gas and NGL Services | Operating Segments    
Segment Reporting, Revenue Reconciling Item [Line Items]    
Adjusted EBITDA [3] 618 660
Income from equity method investments $ 120 $ 130
[1] Depreciation and amortization attributable to Crude Oil and Products Logistics was $143 million and $133 million for the three months ended March 31, 2026 and March 31, 2025, respectively. Depreciation and amortization attributable to Natural Gas and NGL Services was $215 million and $193 million for the three months ended March 31, 2026 and March 31, 2025, respectively.
[2] Includes unrealized derivative gain/(loss), equity-based compensation, provision for income taxes, and other miscellaneous items.
[3] See below for the reconciliation from Segment Adjusted EBITDA to Net income.