v3.26.1
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues and other income:        
Sales-type lease revenue $ 40 $ 36 $ 88 $ 73
Sales-type lease revenue - related parties 85 116 187 231
Income from equity method investments 180 170 362 356
Total revenues and other income 3,312 3,003 6,350 6,127
Costs and expenses:        
Cost of revenues (excludes items below) 405 369 807 758
Purchased product costs 587 432 1,085 891
Purchases - related parties 412 422 806 838
Depreciation and amortization [1] 365 324 723 650
General and administrative expenses 108 107 222 219
Other taxes 34 32 70 65
Total costs and expenses 1,934 1,710 3,758 3,468
Income from operations 1,378 1,293 2,592 2,659
Net interest and other financial costs 289 234 580 463
Income before income taxes 1,089 1,059 2,012 2,196
Provision for income taxes 2 1 3 2
Net income 1,087 1,058 2,009 2,194
Less: Net income attributable to noncontrolling interests 10 10 20 20
Net income attributable to MPLX LP [2] $ 1,077 $ 1,048 $ 1,989 $ 2,174
Net income attributable to MPLX LP per limited partner unit:        
Common - basic $ 1.06 $ 1.03 $ 1.96 $ 2.13
Common - diluted $ 1.06 $ 1.03 $ 1.96 $ 2.13
Weighted average limited partner units outstanding:        
Common - basic 1,015 1,020 1,015 1,020
Common - diluted 1,015 1,021 1,015 1,020
Nonrelated Party [Member]        
Revenues and other income:        
Rental income $ 67 $ 64 $ 132 $ 128
Other Income 6 5 13 15
Costs and expenses:        
Rental cost of sales 20 20 38 39
Related Party [Member]        
Revenues and other income:        
Rental income 275 216 517 427
Other Income 44 40 87 81
Costs and expenses:        
Rental cost of sales 3 4 7 8
Service [Member]        
Revenues and other income:        
Revenue from Contract with Customer, Excluding Assessed Tax - Third parties 703 696 1,414 1,403
Revenue from Contract with Customer, Excluding Assessed Tax, Related Parties 1,144 1,093 2,234 2,159
Service, Other [Member]        
Revenues and other income:        
Revenue from Contract with Customer, Excluding Assessed Tax - Third parties 85 70 89 169
Product [Member]        
Revenues and other income:        
Revenue from Contract with Customer, Excluding Assessed Tax - Third parties 558 472 1,034 985
Revenue from Contract with Customer, Excluding Assessed Tax, Related Parties $ 125 $ 25 $ 193 $ 100
[1] Depreciation and amortization attributable to Crude Oil and Products Logistics was $146 million and $289 million for the three and six months ended June 30, 2026, respectively, and $135 million and $268 million for the three and six months ended June 30, 2025, respectively. Depreciation and amortization attributable to Natural Gas and NGL Services was $219 million and $434 million for the three and six months ended June 30, 2026, respectively, and $189 million and $382 million for the three and six months ended June 30, 2025, respectively.
[2] Allocation of net income attributable to MPLX LP assumes all earnings for the period have been distributed based on the distribution priorities applicable to the period.