v3.26.1
Related Party Transactions (Tables)
6 Months Ended
Jun. 30, 2026
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions
The impact to our Condensed Consolidated Statements of Operations from these transactions is included below (in millions):
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
Revenues from related parties$13 $12 $26 $23 
Purchases and related costs from related parties$80 $98 $154 $196 

Our receivable and payable amounts with these related parties as reflected on our Condensed Consolidated Balance Sheets were as follows (in millions):

June 30,
2026
December 31,
2025
Trade accounts receivable and other receivables, net from related parties (1)
$33 $49 
Trade accounts payable to related parties (1) (2)
$50 $64 
(1)Primarily includes amounts related to transportation and storage services.
(2)We have agreements to store crude oil at facilities and transport crude oil or utilize capacity on pipelines that are owned by equity method investees. A portion of our commitment to transport is supported by crude oil buy/sell or other agreements with third parties with commensurate quantities.