v3.26.1
Revenue (Tables)
3 Months Ended
Mar. 31, 2026
Revenue [Abstract]  
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]
The following tables summarize the consolidated activity of our contract liabilities:
Contract Liabilities
Balance, December 31, 2025$745 
Additions385 
Revenue recognized(391)
Balance, March 31, 2026$739 
Balance, December 31, 2024$759 
Additions298 
Revenue recognized(383)
Balance, March 31, 2025$674 
The balances of Sunoco LP’s contract assets and contract liabilities were as follows:
March 31,
2026
December 31,
2025
Contract assets$575 $480 
Accounts receivable from contracts with customers3,006 1,686 
Contract liabilities127 125 
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction
As of March 31, 2026, the aggregate amount of transaction price allocated to unsatisfied (or partially satisfied) performance obligations was $33.75 billion. The Partnership expects to recognize this amount as revenue within the time bands illustrated in the following table:
Years Ending December 31,
2026
(remainder)20272028ThereafterTotal
Revenue expected to be recognized on contracts with customers existing as of March 31, 2026$6,170 $6,665 $5,298 $15,621 $33,754