v3.26.3
UNAUDITED CONDENSED STATEMENTS OF CONSOLIDATED OPERATIONS - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenues:        
Revenues $ 17,948 $ 12,023 $ 50,603 $ 38,803
Operating costs and expenses:        
Operating costs and expenses 15,985 10,366 44,553 33,648
General and administrative costs:        
General and administrative costs 60 61 188 189
Total costs and expenses 16,045 10,427 44,741 33,837
Equity in income (loss) of unconsolidated affiliates 87 90 272 276
Operating income 1,990 1,686 6,134 5,242
Other income (expense):        
Interest expense (385) (354) (1,154) (1,026)
Interest income 4 9 15 23
Other, net 46 2 46 4
Total other expense, net (335) (343) (1,093) (999)
Income before income taxes 1,655 1,343 5,041 4,243
Benefit from (provision for) income taxes (see Note 15) (17) 13 (51) (27)
Net income 1,638 1,356 4,990 4,216
Net income attributable to noncontrolling interests (13) (17) (41) (47)
Net income attributable to preferred units (1) (1) (3) (3)
Net income attributable to common unitholders $ 1,624 $ 1,338 $ 4,946 $ 4,166
Earnings per unit: (see Note 11)        
Basic earnings per common unit (in dollars per unit) $ 0.75 $ 0.61 $ 2.27 $ 1.91
Diluted earnings per common unit (in dollars per unit) $ 0.75 $ 0.61 $ 2.27 $ 1.90
Nonrelated Party        
Revenues:        
Revenues $ 17,934 $ 12,009 $ 50,559 $ 38,765
Operating costs and expenses:        
Operating costs and expenses 15,538 9,956 43,229 32,442
General and administrative costs:        
General and administrative costs 21 24 77 77
Related parties        
Revenues:        
Revenues 14 14 44 38
Operating costs and expenses:        
Operating costs and expenses 447 410 1,324 1,206
General and administrative costs:        
General and administrative costs 39 37 111 112
Total costs and expenses $ 486 $ 447 $ 1,435 $ 1,318