2021 Q4 Form 10-Q Financial Statement

#000127618721000079 Filed on November 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $18.66B $16.66B $9.955B
YoY Change 85.94% 67.39% -26.23%
Cost Of Revenue $14.75B $13.19B $6.376B
YoY Change 120.11% 106.84% -35.36%
Gross Profit $3.903B $3.476B $3.579B
YoY Change 17.17% -2.88% -1.43%
Gross Profit Margin 20.92% 20.86% 35.95%
Selling, General & Admin $235.0M $198.0M $176.0M
YoY Change 50.64% 12.5% 1.73%
% of Gross Profit 6.02% 5.7% 4.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $980.0M $943.0M $912.0M
YoY Change 1.77% 3.4% 16.33%
% of Gross Profit 25.11% 27.13% 25.48%
Operating Expenses $2.204B $198.0M $176.0M
YoY Change 15.09% 12.5% 1.73%
Operating Profit $1.699B $1.437B $244.0M
YoY Change 26.89% 488.93% -86.67%
Interest Expense -$510.0M $558.0M $569.0M
YoY Change 18.6% -1.93% -1.73%
% of Operating Profit -30.02% 38.83% 233.2%
Other Income/Expense, Net $32.00M $33.00M $71.00M
YoY Change 433.33% -53.52% 24.56%
Pretax Income $1.181B $984.0M -$360.0M
YoY Change 30.93% -373.33% -129.01%
Income Tax -$50.00M $77.00M $41.00M
% Of Pretax Income -4.23% 7.83%
Net Earnings $921.0M $635.0M -$655.0M
YoY Change 10.56% -196.95% -176.34%
Net Earnings / Revenue 4.94% 3.81% -6.58%
Basic Earnings Per Share
Diluted Earnings Per Share $326.1K $233.4K -$290.0K
COMMON SHARES
Basic Shares Outstanding 2.706B shares 2.705B shares 2.696B shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $336.0M $313.0M $275.0M
YoY Change -8.45% 13.82% 30.33%
Cash & Equivalents $336.0M $313.0M $275.0M
Short-Term Investments
Other Short-Term Assets $437.0M $326.0M $235.0M
YoY Change 105.16% 38.72% -31.29%
Inventory $2.014B $1.811B $1.723B
Prepaid Expenses
Receivables $7.654B $6.437B $3.731B
Other Receivables $32.00M $42.00M $77.00M
Total Short-Term Assets $10.54B $9.049B $6.150B
YoY Change 66.8% 47.14% -12.96%
LONG-TERM ASSETS
Property, Plant & Equipment $81.61B $74.27B $75.13B
YoY Change 8.65% -1.14% 8.62%
Goodwill $2.533B $2.395B $2.418B
YoY Change 5.94% -0.95% -50.35%
Intangibles $5.856B $5.474B $5.915B
YoY Change 1.91% -7.46% 2.32%
Long-Term Investments $2.947B $2.958B $3.068B
YoY Change -3.69% -3.59% 2.54%
Other Assets $1.645B $1.722B $1.582B
YoY Change -0.72% 8.85% 45.27%
Total Long-Term Assets $95.43B $87.65B $89.05B
YoY Change 7.43% -1.57% 5.02%
TOTAL ASSETS
Total Short-Term Assets $10.54B $9.049B $6.150B
Total Long-Term Assets $95.43B $87.65B $89.05B
Total Assets $106.0B $96.70B $95.20B
YoY Change 11.37% 1.58% 3.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.834B $5.707B $2.765B
YoY Change 143.29% 106.4% -21.43%
Accrued Expenses $3.117B $3.244B $2.967B
YoY Change 10.26% 9.34% -9.82%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $680.0M $678.0M $21.00M
YoY Change 3138.1% 3128.57% 50.0%
Total Short-Term Liabilities $10.84B $9.834B $6.047B
YoY Change 82.93% 62.63% -14.07%
LONG-TERM LIABILITIES
Long-Term Debt $49.02B $44.79B $51.42B
YoY Change -4.66% -12.89% 9.79%
Other Long-Term Liabilities $1.323B $1.270B $1.152B
YoY Change 14.84% 10.24% 1.23%
Total Long-Term Liabilities $50.35B $46.06B $52.58B
YoY Change -4.23% -12.39% 9.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.84B $9.834B $6.047B
Total Long-Term Liabilities $50.35B $46.06B $52.58B
Total Liabilities $61.18B $55.90B $58.62B
YoY Change 4.6% -4.65% 6.56%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $31.30B $27.41B $18.26B
YoY Change
Total Liabilities & Shareholders Equity $106.0B $96.70B $95.20B
YoY Change 11.37% 1.58% 3.64%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $921.0M $635.0M -$655.0M
YoY Change 10.56% -196.95% -176.34%
Depreciation, Depletion And Amortization $980.0M $943.0M $912.0M
YoY Change 1.77% 3.4% 16.33%
Cash From Operating Activities $1.739B $2.263B $2.320B
YoY Change -8.76% -2.46% 11.97%
INVESTING ACTIVITIES
Capital Expenditures -$776.0M -$617.0M -$1.138B
YoY Change -29.45% -45.78% -16.51%
Acquisitions
YoY Change
Other Investing Activities -$92.00M $39.00M $40.00M
YoY Change -246.03% -2.5% -133.9%
Cash From Investing Activities -$868.0M -$578.0M -$1.098B
YoY Change -16.3% -47.36% -25.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -848.0M -1.654B -1.102B
YoY Change 9.14% 50.09% 33.58%
NET CHANGE
Cash From Operating Activities 1.739B 2.263B 2.320B
Cash From Investing Activities -868.0M -578.0M -1.098B
Cash From Financing Activities -848.0M -1.654B -1.102B
Net Change In Cash 23.00M 31.00M 120.0M
YoY Change -75.0% -74.17% -151.28%
FREE CASH FLOW
Cash From Operating Activities $1.739B $2.263B $2.320B
Capital Expenditures -$776.0M -$617.0M -$1.138B
Free Cash Flow $2.515B $2.880B $3.458B
YoY Change -16.33% -16.71% 0.67%

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CY2020Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
12000000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
37000000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
37000000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
4549000000 USD
us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q3 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
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CY2020Q3 us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
0 USD
us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
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us-gaap Net Income Loss Allocated To General Partners
NetIncomeLossAllocatedToGeneralPartners
1000000 USD
CY2021Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
99000000 USD
CY2020Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
185000000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2021Q3 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
535000000 USD
CY2020Q3 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
-655000000 USD
us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
4359000000 USD
us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
4359000000 USD
us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
-1156000000 USD
us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
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CY2021Q3 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
0.20
CY2020Q3 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
-0.24
us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
1.61
us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
-0.43
CY2021Q3 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
0.20
CY2020Q3 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
-0.24
us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
1.60
us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
-0.43
CY2021Q3 us-gaap Profit Loss
ProfitLoss
907000000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-401000000 USD
us-gaap Profit Loss
ProfitLoss
5456000000 USD
us-gaap Profit Loss
ProfitLoss
-693000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
2000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
3000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
5000000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
3000000 USD
CY2020Q2 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
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CY2020Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
408000000 USD
CY2020Q2 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
83000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
47000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-1000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-4000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-6000000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-15000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-21000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
18000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
3000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-16000000 USD
CY2021Q3 et Changeinothercomprehensiveincomefromequityinvestments
Changeinothercomprehensiveincomefromequityinvestments
1000000 USD
CY2020Q3 et Changeinothercomprehensiveincomefromequityinvestments
Changeinothercomprehensiveincomefromequityinvestments
1000000 USD
et Changeinothercomprehensiveincomefromequityinvestments
Changeinothercomprehensiveincomefromequityinvestments
1000000 USD
et Changeinothercomprehensiveincomefromequityinvestments
Changeinothercomprehensiveincomefromequityinvestments
-15000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-17000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
26000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
15000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-13000000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
890000000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-375000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
5471000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-706000000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
250000000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
251000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
872000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
407000000 USD
CY2021Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
12000000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
12000000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
37000000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
37000000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
628000000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-638000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4562000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1150000000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
31388000000 USD
CY2021Q1 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
406000000 USD
CY2021Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
406000000 USD
CY2021Q1 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
20000000 USD
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
8000000 USD
CY2021Q1 us-gaap Partners Capital Other
PartnersCapitalOther
21000000 USD
CY2021Q1 et Net Income Loss Including Portion Attributableto Noncontrolling Interest Excluding Portion Attributableto Redeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingPortionAttributabletoRedeemableNoncontrollingInterest
3629000000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
34254000000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2021Q2 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
492000000 USD
CY2021Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
354000000 USD
CY2021Q2 us-gaap Partners Capital Account Sale Of Units
PartnersCapitalAccountSaleOfUnits
889000000 USD
CY2021Q2 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
43000000 USD
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
24000000 USD
CY2021Q2 us-gaap Partners Capital Other
PartnersCapitalOther
16000000 USD
CY2021Q2 et Net Income Loss Including Portion Attributableto Noncontrolling Interest Excluding Portion Attributableto Redeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingPortionAttributabletoRedeemableNoncontrollingInterest
895000000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
35275000000 USD
CY2020Q2 us-gaap Partners Capital Other
PartnersCapitalOther
-27000000 USD
CY2020Q2 et Net Income Loss Including Portion Attributableto Noncontrolling Interest Excluding Portion Attributableto Redeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingPortionAttributabletoRedeemableNoncontrollingInterest
659000000 USD
CY2021Q3 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
485000000 USD
CY2021Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
389000000 USD
CY2021Q3 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
51000000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-17000000 USD
CY2021Q3 us-gaap Partners Capital Other
PartnersCapitalOther
19000000 USD
CY2021Q3 et Net Income Loss Including Portion Attributableto Noncontrolling Interest Excluding Portion Attributableto Redeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingPortionAttributabletoRedeemableNoncontrollingInterest
895000000 USD
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
35349000000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
33938000000 USD
CY2020Q1 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
1592000000 USD
CY2020Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
444000000 USD
CY2020Q1 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
1580000000 USD
CY2020Q1 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
95000000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-86000000 USD
CY2020Q1 us-gaap Partners Capital Other
PartnersCapitalOther
15000000 USD
CY2020Q1 et Net Income Loss Including Portion Attributableto Noncontrolling Interest Excluding Portion Attributableto Redeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingPortionAttributabletoRedeemableNoncontrollingInterest
-976000000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
32530000000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
32892000000 USD
CY2020Q3 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
813000000 USD
CY2020Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
430000000 USD
CY2020Q3 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
25000000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
26000000 USD
CY2020Q3 us-gaap Partners Capital Other
PartnersCapitalOther
4000000 USD
CY2020Q3 et Net Income Loss Including Portion Attributableto Noncontrolling Interest Excluding Portion Attributableto Redeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestExcludingPortionAttributabletoRedeemableNoncontrollingInterest
-413000000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
31291000000 USD
us-gaap Profit Loss
ProfitLoss
5456000000 USD
us-gaap Profit Loss
ProfitLoss
-693000000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
2837000000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
2715000000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-199000000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-159000000 USD
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
-168000000 USD
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
126000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
81000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
93000000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
11000000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
2803000000 USD
us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
129000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-8000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-62000000 USD
et Distributions On Unvested Unit Awards
DistributionsOnUnvestedUnitAwards
19000000 USD
et Distributions On Unvested Unit Awards
DistributionsOnUnvestedUnitAwards
33000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
191000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
46000000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
226000000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
176000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-13000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
130000000 USD
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-970000000 USD
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-94000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9423000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5455000000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
2046000000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
4030000000 USD
us-gaap Proceeds From Contribution In Aid Of Construction
ProceedsFromContributionInAidOfConstruction
29000000 USD
us-gaap Proceeds From Contribution In Aid Of Construction
ProceedsFromContributionInAidOfConstruction
61000000 USD
us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
4000000 USD
us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
37000000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
76000000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
144000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
38000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
10000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
9000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1907000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3861000000 USD
et Subsidiaryequityofferingsnetofissuecosts
Subsidiaryequityofferingsnetofissuecosts
1580000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
11839000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
20651000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
17836000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
20293000000 USD
us-gaap Proceeds From Issuance Of Preferred Limited Partners Units
ProceedsFromIssuanceOfPreferredLimitedPartnersUnits
889000000 USD
us-gaap Proceeds From Issuance Of Preferred Limited Partners Units
ProceedsFromIssuanceOfPreferredLimitedPartnersUnits
0 USD
et Subsidiaryequityofferingsnetofissuecosts
Subsidiaryequityofferingsnetofissuecosts
0 USD
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
114000000 USD
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
203000000 USD
us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
1383000000 USD
us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
2397000000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1149000000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1282000000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
37000000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
37000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
53000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
18000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-7570000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1610000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-54000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-16000000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
367000000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
291000000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
313000000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
275000000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:9pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The unaudited consolidated financial statements have been prepared in conformity with GAAP, which requires the use of estimates and assumptions made by management that affect the reported amounts of assets, liabilities, revenues, expenses and the accrual for and disclosure of contingent assets and liabilities that exist at the date of the consolidated financial statements. Although these estimates are based on management’s available knowledge of current and expected future events, actual results could be different from those estimates.</span></div>
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2562000000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1307000000 USD
us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
-16000000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
57000000 USD
us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
258000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-96000000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
298000000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
127000000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-108000000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
26000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2917000000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1354000000 USD
us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
-31000000 USD
us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
370000000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
711000000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
127000000 USD
us-gaap Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
138000000 USD
us-gaap Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
-5000000 USD
us-gaap Increase Decrease In Risk Management Assets And Liabilities
IncreaseDecreaseInRiskManagementAssetsAndLiabilities
131000000 USD
us-gaap Increase Decrease In Risk Management Assets And Liabilities
IncreaseDecreaseInRiskManagementAssetsAndLiabilities
-123000000 USD
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-970000000 USD
us-gaap Increase Decrease In Operating Capital
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us-gaap Capital Expenditures Incurred But Not Yet Paid
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et Rightof Use Assets Obtainedin Exchangefor Liabilities
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us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
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us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
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CY2020Q4 us-gaap Energy Related Inventory Natural Gas In Storage
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CY2021Q3 us-gaap Inventory Crude Oil Products And Merchandise
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CY2020Q4 us-gaap Inventory Crude Oil Products And Merchandise
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CY2021Q3 us-gaap Other Inventory Supplies
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CY2020Q4 us-gaap Other Inventory Supplies
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CY2021Q3 us-gaap Inventory Net
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CY2020Q4 us-gaap Inventory Net
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CY2021Q3 us-gaap Debt Instrument Fair Value
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CY2021Q3 us-gaap Profit Loss
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CY2021Q3 us-gaap Long Term Debt
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CY2020Q4 us-gaap Debt Instrument Fair Value
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CY2020Q4 us-gaap Long Term Debt
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CY2020Q3 us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Profit Loss
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CY2021Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2020Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2021Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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CY2020Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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CY2021Q3 us-gaap Net Income Loss Allocated To General Partners
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CY2020Q3 us-gaap Net Income Loss Allocated To General Partners
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CY2021Q3 us-gaap Net Income Loss
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CY2020Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Net Income Loss Allocated To General Partners
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us-gaap Net Income Loss Allocated To General Partners
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CY2021Q3 us-gaap Preferred Stock Dividends Income Statement Impact
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CY2020Q3 us-gaap Preferred Stock Dividends Income Statement Impact
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us-gaap Preferred Stock Dividends Income Statement Impact
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us-gaap Preferred Stock Dividends Income Statement Impact
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CY2021Q3 us-gaap Net Income Loss Allocated To Limited Partners
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CY2020Q3 us-gaap Net Income Loss Allocated To Limited Partners
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us-gaap Net Income Loss Allocated To Limited Partners
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us-gaap Net Income Loss Allocated To Limited Partners
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CY2020Q3 us-gaap Weighted Average Limited Partnership Units Outstanding
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2696600000 shares
us-gaap Weighted Average Limited Partnership Units Outstanding
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us-gaap Weighted Average Limited Partnership Units Outstanding
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CY2021Q3 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership Unit Basic Net Of Tax
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CY2020Q3 us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership Unit Basic Net Of Tax
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us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership Unit Basic Net Of Tax
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us-gaap Income Loss From Continuing Operations Per Outstanding Limited Partnership Unit Basic Net Of Tax
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CY2021Q3 us-gaap Net Income Loss Allocated To Limited Partners
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CY2020Q3 us-gaap Net Income Loss Allocated To Limited Partners
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us-gaap Net Income Loss Allocated To Limited Partners
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us-gaap Net Income Loss Allocated To Limited Partners
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CY2021Q3 us-gaap Dilutive Securities
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CY2020Q3 us-gaap Dilutive Securities
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us-gaap Dilutive Securities
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us-gaap Dilutive Securities
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CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
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us-gaap Net Income Loss Available To Common Stockholders Diluted
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us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2021Q3 us-gaap Weighted Average Limited Partnership Units Outstanding
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CY2020Q3 us-gaap Weighted Average Limited Partnership Units Outstanding
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us-gaap Weighted Average Limited Partnership Units Outstanding
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2704000000 shares
us-gaap Weighted Average Limited Partnership Units Outstanding
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2694400000 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2021Q3 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
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2720600000 shares
CY2020Q3 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
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2696600000 shares
us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
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2718400000 shares
us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
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2694400000 shares
CY2021Q3 us-gaap Income Loss From Continuing Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted
IncomeLossFromContinuingOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
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CY2021Q3 us-gaap Line Of Credit
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CY2021Q3 us-gaap Supplementary Leverage Ratio
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CY2020Q3 us-gaap Income Loss From Continuing Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted
IncomeLossFromContinuingOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
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us-gaap Income Loss From Continuing Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted
IncomeLossFromContinuingOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
1.60
us-gaap Income Loss From Continuing Operations Net Of Tax Per Outstanding Limited Partnership Unit Diluted
IncomeLossFromContinuingOperationsNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
-0.43
CY2021Q3 us-gaap Preferred Stock Redemption Price Per Share
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CY2021Q3 us-gaap Dividends Preferred Stock Cash
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CY2020Q4 us-gaap Limited Partners Capital Account Units Outstanding
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us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
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CY2021Q3 us-gaap Limited Partners Capital Account Units Outstanding
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CY2021Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
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us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
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CY2021Q3 et Common Units Remaining Availabletobe Issued Under Distribution Reinvestment Plan
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CY2020Q4 us-gaap Distribution Made To Limited Partner Distributions Paid Per Unit
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CY2021Q1 us-gaap Distribution Made To Limited Partner Distributions Paid Per Unit
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CY2021Q2 us-gaap Distribution Made To Limited Partner Distributions Paid Per Unit
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CY2021Q3 us-gaap Distribution Made To Limited Partner Distributions Paid Per Unit
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AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
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CY2020 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
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CY2020 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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CY2021Q3 et Aoci Attributable To Equity Method Investments
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CY2020Q4 et Aoci Attributable To Equity Method Investments
AociAttributableToEquityMethodInvestments
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CY2021Q3 us-gaap Aoci Including Portion Attributable To Noncontrolling Interest Tax
AociIncludingPortionAttributableToNoncontrollingInterestTax
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CY2020Q4 us-gaap Aoci Including Portion Attributable To Noncontrolling Interest Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
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CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
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CY2021Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2021Q2 et Contractual Rightof Way Expense
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CY2020Q2 et Contractual Rightof Way Expense
ContractualRightofWayExpense
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et Contractual Rightof Way Expense
ContractualRightofWayExpense
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et Contractual Rightof Way Expense
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CY2021Q3 us-gaap Loss Contingency Range Of Possible Loss Portion Not Accrued
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CY2021Q3 us-gaap Accrued Environmental Loss Contingencies Current
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CY2020Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
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CY2021Q3 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
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CY2020Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
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CY2021Q3 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
297000000 USD
CY2020Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
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us-gaap Payments For Environmental Liabilities
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us-gaap Payments For Environmental Liabilities
PaymentsForEnvironmentalLiabilities
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CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
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us-gaap Deferred Revenue Additions
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611000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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CY2021Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
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CY2019Q4 us-gaap Contract With Customer Liability
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us-gaap Deferred Revenue Additions
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us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
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CY2020Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
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CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
40130000000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Year1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionYear1
2021
CY2021Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Year1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionYear1
2022
CY2021Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Year1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionYear1
2023
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1662000000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
6010000000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
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CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
26950000000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
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us-gaap Concentration Risk Credit Risk
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<div style="margin-top:9pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Credit Risk</span></div><div style="margin-top:9pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Credit risk refers to the risk that a counterparty may default on its contractual obligations resulting in a loss to the Partnership. Credit policies have been approved and implemented to govern the Partnership’s portfolio of counterparties with the objective of mitigating credit losses. These policies establish guidelines, controls and limits to manage credit risk within approved tolerances by mandating an appropriate evaluation of the financial condition of existing and potential counterparties, monitoring agency credit ratings, and by implementing credit practices that limit exposure according to the risk profiles of the counterparties. Furthermore, the Partnership may, at times, require collateral under certain circumstances to mitigate credit risk as necessary. The Partnership also uses industry standard commercial agreements which allow for the netting of exposures associated with transactions executed under a single commercial agreement. Additionally, we utilize master netting agreements to offset credit exposure across multiple commercial agreements with a single counterparty or affiliated group of counterparties.</span></div><div style="margin-top:9pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Partnership’s counterparties consist of a diverse portfolio of customers across the energy industry, including petrochemical companies, commercial and industrial end-users, oil and gas producers, municipalities, gas and electric utilities, midstream companies and independent power generators. Our overall exposure may be affected positively or negatively by macroeconomic or regulatory changes that impact our counterparties to one extent or another. Currently, management does not anticipate a material adverse effect in our financial position or results of operations as a consequence of counterparty non-performance.</span></div><div style="margin-top:9pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Partnership has maintenance margin deposits with certain counterparties in the OTC market, primarily with independent system operators and with clearing brokers. Payments on margin deposits are required when the value of a derivative exceeds our pre-established credit limit with the counterparty. Margin deposits are returned to us on or about the settlement date for non-exchange traded derivatives, and we exchange margin calls on a daily basis for exchange traded transactions. Since the margin calls are made daily with the exchange brokers, the fair value of the financial derivative instruments are deemed current and netted in deposits paid to vendors within other current assets in the consolidated balance sheets. </span></div><div style="margin-top:9pt;padding-left:18pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">For financial instruments, failure of a counterparty to perform on a contract could result in our inability to realize amounts that have been recorded on our consolidated balance sheets and recognized in our statement of operations or statement of comprehensive income (loss).</span></div>
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1034000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
168000000 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1457000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
717000000 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1034000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
168000000 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1457000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
717000000 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
645000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
44000000 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
645000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
44000000 USD
CY2021Q3 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
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CY2020Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
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CY2021Q3 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
327000000 USD
CY2020Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
64000000 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
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62000000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
60000000 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
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CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
609000000 USD
CY2021Q3 us-gaap Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
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CY2020Q3 us-gaap Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
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us-gaap Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
72000000 USD
us-gaap Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
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CY2021Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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CY2020Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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CY2021Q3 us-gaap Revenues
Revenues
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CY2020Q3 us-gaap Revenues
Revenues
9955000000 USD
us-gaap Revenues
Revenues
48760000000 USD
us-gaap Revenues
Revenues
28920000000 USD
CY2021Q3 et Segment Adjusted Ebitda
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2579000000 USD
CY2020Q3 et Segment Adjusted Ebitda
SegmentAdjustedEBITDA
2866000000 USD
et Segment Adjusted Ebitda
SegmentAdjustedEBITDA
10235000000 USD
et Segment Adjusted Ebitda
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CY2021Q3 us-gaap Depreciation And Amortization
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CY2020Q3 us-gaap Depreciation And Amortization
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912000000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
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us-gaap Depreciation And Amortization
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CY2021Q3 us-gaap Interest Expense
InterestExpense
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CY2020Q3 us-gaap Interest Expense
InterestExpense
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us-gaap Interest Expense
InterestExpense
1713000000 USD
us-gaap Interest Expense
InterestExpense
1750000000 USD
CY2021Q3 us-gaap Asset Impairment Charges
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CY2020Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
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us-gaap Asset Impairment Charges
AssetImpairmentCharges
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us-gaap Asset Impairment Charges
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2803000000 USD
CY2021Q3 us-gaap Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
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1000000 USD
CY2020Q3 us-gaap Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
55000000 USD
us-gaap Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
72000000 USD
us-gaap Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-277000000 USD
CY2021Q3 us-gaap Share Based Compensation
ShareBasedCompensation
26000000 USD
CY2020Q3 us-gaap Share Based Compensation
ShareBasedCompensation
30000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
81000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
93000000 USD
CY2021Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-19000000 USD
CY2020Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-30000000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
74000000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-27000000 USD
CY2021Q3 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
-9000000 USD
CY2020Q3 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
-11000000 USD
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
-168000000 USD
us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
126000000 USD
CY2021Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2020Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-8000000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-62000000 USD
CY2021Q3 et Adjusted Ebitda Attributable To Unconsolidated Affiliates
AdjustedEbitdaAttributableToUnconsolidatedAffiliates
141000000 USD
CY2020Q3 et Adjusted Ebitda Attributable To Unconsolidated Affiliates
AdjustedEbitdaAttributableToUnconsolidatedAffiliates
169000000 USD
et Adjusted Ebitda Attributable To Unconsolidated Affiliates
AdjustedEbitdaAttributableToUnconsolidatedAffiliates
400000000 USD
et Adjusted Ebitda Attributable To Unconsolidated Affiliates
AdjustedEbitdaAttributableToUnconsolidatedAffiliates
480000000 USD
CY2021Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
71000000 USD
CY2020Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-32000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
191000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
46000000 USD
CY2021Q3 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
CY2020Q3 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
129000000 USD
us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 USD
us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
129000000 USD
CY2021Q3 et Other Net
OtherNet
11000000 USD
CY2020Q3 et Other Net
OtherNet
53000000 USD
et Other Net
OtherNet
0 USD
et Other Net
OtherNet
-48000000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
984000000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-360000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5690000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-525000000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
77000000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
41000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
234000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
168000000 USD
CY2021Q3 us-gaap Profit Loss
ProfitLoss
907000000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-401000000 USD
us-gaap Profit Loss
ProfitLoss
5456000000 USD
us-gaap Profit Loss
ProfitLoss
-693000000 USD

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