v3.26.3
SEGMENTS - Schedule of Reconciliations for Segments (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Dec. 31, 2025
Segment Reporting [Line Items]          
Total revenues $ 12,455 $ 8,634 $ 34,122 $ 24,564  
Cost of sales and fuel (exclusive of depreciation and operating costs) (9,612) (5,962) (25,907) (16,977)  
Operating costs (861) (738) (2,430) (2,196)  
Depreciation and amortization (395) (378) (1,160) (1,126)  
Equity in net earnings from investments 103 92 295 281  
Impairment of equity investments 0 0 (60) 0  
Investments in unconsolidated affiliates 3,382 2,773 3,382 2,773 $ 2,889
Capital expenditures 937 804 2,414 2,182  
Liquids commodity sales          
Segment Reporting [Line Items]          
Total revenues 10,364 6,665 28,039 18,614  
Residue natural gas sales          
Segment Reporting [Line Items]          
Total revenues 826 751 2,410 2,440  
Exchange services and natural gas gathering and processing revenue          
Segment Reporting [Line Items]          
Total revenues 373 406 1,092 1,156  
Transportation and storage revenue          
Segment Reporting [Line Items]          
Total revenues 823 775 2,427 2,245  
Other revenue          
Segment Reporting [Line Items]          
Total revenues 69 37 154 109  
Operating Segments          
Segment Reporting [Line Items]          
Total revenues 14,515 9,815 39,554 28,244  
Cost of sales and fuel (exclusive of depreciation and operating costs) (11,671) (7,143) (31,343) (20,658)  
Operating costs (816) (736) (2,372) (2,191)  
Depreciation and amortization (393) (375) (1,151) (1,118)  
Equity in net earnings from investments 103 92 295 281  
Impairment of equity investments     (60)    
Investments in unconsolidated affiliates 3,373 2,768 3,373 2,768  
Capital expenditures 919 789 2,365 2,116  
Operating Segments | Liquids commodity sales          
Segment Reporting [Line Items]          
Total revenues 12,377 7,822 33,363 22,218  
Operating Segments | Residue natural gas sales          
Segment Reporting [Line Items]          
Total revenues 858 764 2,473 2,487  
Operating Segments | Exchange services and natural gas gathering and processing revenue          
Segment Reporting [Line Items]          
Total revenues 373 409 1,092 1,159  
Operating Segments | Transportation and storage revenue          
Segment Reporting [Line Items]          
Total revenues 836 780 2,465 2,260  
Operating Segments | Other revenue          
Segment Reporting [Line Items]          
Total revenues 71 40 161 120  
Other and Eliminations          
Segment Reporting [Line Items]          
Total revenues (2,060) (1,181) (5,432) (3,680)  
Cost of sales and fuel (exclusive of depreciation and operating costs) 2,059 1,181 5,436 3,681  
Operating costs (45) (2) (58) (5)  
Depreciation and amortization (2) (3) (9) (8)  
Equity in net earnings from investments 0 0 0 0  
Impairment of equity investments     0    
Investments in unconsolidated affiliates 9 5 9 5  
Capital expenditures 18 15 49 66  
Other and Eliminations | Liquids commodity sales          
Segment Reporting [Line Items]          
Total revenues (2,013) (1,157) (5,324) (3,604)  
Other and Eliminations | Residue natural gas sales          
Segment Reporting [Line Items]          
Total revenues (32) (13) (63) (47)  
Other and Eliminations | Exchange services and natural gas gathering and processing revenue          
Segment Reporting [Line Items]          
Total revenues 0 (3) 0 (3)  
Other and Eliminations | Transportation and storage revenue          
Segment Reporting [Line Items]          
Total revenues (13) (5) (38) (15)  
Other and Eliminations | Other revenue          
Segment Reporting [Line Items]          
Total revenues $ (2) $ (3) $ (7) $ (11)