2022 Q1 Form 10-K Financial Statement

#000107042322000006 Filed on March 01, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021
Revenue $13.69B $12.99B $42.08B
YoY Change 63.35% 117.83% 80.67%
Cost Of Revenue $12.79B $12.08B $38.50B
YoY Change 72.96% 112.08% 88.46%
Gross Profit $909.0M $909.0M $3.574B
YoY Change -8.27% 240.45% 25.01%
Gross Profit Margin 6.64% 7.0% 8.49%
Selling, General & Admin $82.00M $87.00M $292.0M
YoY Change 22.39% 24.29% 7.75%
% of Gross Profit 9.02% 9.57% 8.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $230.0M $223.0M $774.0M
YoY Change 29.94% 39.38% 18.53%
% of Gross Profit 25.3% 24.53% 21.66%
Operating Expenses $312.0M $310.0M $1.066B
YoY Change 27.87% 34.78% 15.37%
Operating Profit $293.0M $599.0M $851.0M
YoY Change -44.3% -1021.54% -135.83%
Interest Expense $107.0M -$18.00M $425.0M
YoY Change 0.0% -1900.0% -2.52%
% of Operating Profit 36.52% -3.01% 49.94%
Other Income/Expense, Net -$37.00M $2.000M $19.00M
YoY Change -38.33% -84.62% -51.28%
Pretax Income $246.0M $585.0M $721.0M
YoY Change -44.97% -1247.06% -127.74%
Income Tax $21.00M $89.00M $73.00M
% Of Pretax Income 8.54% 15.21% 10.12%
Net Earnings $187.0M $450.0M $593.0M
YoY Change -55.69% -1707.14% -122.9%
Net Earnings / Revenue 1.37% 3.46% 1.41%
Basic Earnings Per Share
Diluted Earnings Per Share $265.2K $636.5K $828.2K
COMMON SHARES
Basic Shares Outstanding 705.0M shares 711.1M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q1 2021 Q4 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $114.0M $449.0M $449.0M
YoY Change 280.0% 1940.91% 1940.91%
Cash & Equivalents $114.0M $449.0M $449.0M
Short-Term Investments
Other Short-Term Assets $320.0M $200.0M -$4.252B
YoY Change -33.75% -50.62% 98.78%
Inventory $527.0M $783.0M $783.0M
Prepaid Expenses
Receivables $5.496B $4.031B $4.031B
Other Receivables $9.620B $5.126B $5.126B
Total Short-Term Assets $8.097B $6.137B $6.137B
YoY Change 83.02% 67.45% 67.45%
LONG-TERM ASSETS
Property, Plant & Equipment $16.17B $16.20B $16.20B
YoY Change 10.87% 10.9% 1.45%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $3.807B $3.805B $3.805B
YoY Change 0.79% 1.09% 1.09%
Other Assets $293.0M $251.0M $504.0M
YoY Change -71.39% 54.94% 72.6%
Total Long-Term Assets $22.55B $22.47B $22.47B
YoY Change 7.83% 7.87% 7.87%
TOTAL ASSETS
Total Short-Term Assets $8.097B $6.137B $6.137B
Total Long-Term Assets $22.55B $22.47B $22.47B
Total Assets $30.64B $28.61B $28.61B
YoY Change 20.97% 16.79% 16.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.867B $4.810B $4.810B
YoY Change 102.15% 97.37% 97.37%
Accrued Expenses $77.00M $77.00M
YoY Change -1.28% -1.28%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $900.0M $822.0M $822.0M
YoY Change 669.23% -1.08% -1.08%
Total Short-Term Liabilities $8.570B $6.232B $6.232B
YoY Change 83.2% 46.53% 46.53%
LONG-TERM LIABILITIES
Long-Term Debt $7.986B $8.398B $8.398B
YoY Change -14.48% -10.49% -10.49%
Other Long-Term Liabilities $901.0M $830.0M $1.169B
YoY Change -2.91% 2.85% 4.0%
Total Long-Term Liabilities $9.218B $9.567B $9.567B
YoY Change -12.78% -8.94% -8.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.570B $6.232B $6.232B
Total Long-Term Liabilities $9.218B $9.567B $9.567B
Total Liabilities $17.79B $15.80B $18.64B
YoY Change 16.67% 7.05% 25.05%
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 $10.04B $9.972B $9.972B
YoY Change
Total Liabilities & Shareholders Equity $30.64B $28.61B $28.61B
YoY Change 20.97% 16.79% 16.79%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021
OPERATING ACTIVITIES
Net Income $187.0M $450.0M $593.0M
YoY Change -55.69% -1707.14% -122.9%
Depreciation, Depletion And Amortization $230.0M $223.0M $774.0M
YoY Change 29.94% 39.38% 18.53%
Cash From Operating Activities $340.0M $635.0M $1.996B
YoY Change -57.02% 146.12% 31.84%
INVESTING ACTIVITIES
Capital Expenditures $101.0M -$79.00M $336.0M
YoY Change 4.12% -40.15% -54.47%
Acquisitions
YoY Change
Other Investing Activities -$9.000M -$13.00M $33.00M
YoY Change 200.0% -112.38% 153.85%
Cash From Investing Activities -$81.00M -$92.00M $386.0M
YoY Change -25.0% 240.74% -135.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $25.00M $178.0M
YoY Change 733.33% 256.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$597.0M -277.0M -$1.984B
YoY Change -13.1% 27.06% 356.09%
NET CHANGE
Cash From Operating Activities $340.0M 635.0M $1.996B
Cash From Investing Activities -$81.00M -92.00M $386.0M
Cash From Financing Activities -$597.0M -277.0M -$1.984B
Net Change In Cash -$335.0M 266.0M $393.0M
YoY Change 8275.0% 1946.15% -1886.36%
FREE CASH FLOW
Cash From Operating Activities $340.0M $635.0M $1.996B
Capital Expenditures $101.0M -$79.00M $336.0M
Free Cash Flow $239.0M $714.0M $1.660B
YoY Change -65.56% 83.08% 113.92%

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CY2019 us-gaap Profit Loss
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CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2020 us-gaap Deferred Income Tax Expense Benefit
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CY2019 us-gaap Deferred Income Tax Expense Benefit
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CY2020 paa Net Cash Paid Receivedfor Terminated Hedging Instruments
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CY2019 paa Net Cash Paid Receivedfor Terminated Hedging Instruments
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CY2021 us-gaap Income Loss From Equity Method Investments
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CY2021 paa Gain On Impairment Of Investments In Unconsolidated Entities Net
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CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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CY2019 us-gaap Payments To Acquire Businesses And Interest In Affiliates
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CY2021 paa Capital Contributions To Equity Method Investees
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Proceeds From Repayments Of Commercial Paper
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CY2019 paa Net Proceeds From Repayments Of Hedged Inventory Facility
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Number Of Operating Segments
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<div style="margin-bottom:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities, as well as the disclosure of contingent assets and liabilities at the date of the financial statements. Such estimates and assumptions also affect the reported amounts of revenues and expenses during the reporting period. We make significant estimates with respect to (i) estimated fair value of assets and liabilities acquired and identification of associated goodwill and intangible assets, (ii) fair value of derivatives, (iii) accruals and contingent liabilities, (iv) property and equipment, depreciation and amortization expense and asset retirement obligations, (v) impairment assessments of property and equipment, investments in unconsolidated entities and intangible assets and (vi) inventory valuations. Although we believe these estimates are reasonable, actual results could differ from these estimates.</span></div>
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CY2021 us-gaap Revenue Performance Obligation Description Of Payment Terms
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CY2021 us-gaap Net Income Loss
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393000000 USD
CY2020 paa Net Income Loss Allocatedto Common Unitholders Diluted
NetIncomeLossAllocatedtoCommonUnitholdersDiluted
-2790000000 USD
CY2019 paa Net Income Loss Allocatedto Common Unitholders Diluted
NetIncomeLossAllocatedtoCommonUnitholdersDiluted
2119000000 USD
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
0 USD
CY2020 us-gaap Inventory Write Down
InventoryWriteDown
233000000 USD
CY2020 paa Inventory Write Down Noncurrent
InventoryWriteDownNoncurrent
40000000 USD
CY2019 us-gaap Inventory Write Down
InventoryWriteDown
11000000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
783000000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
647000000 USD
CY2021Q4 paa Linefill And Base Gas
LinefillAndBaseGas
907000000 USD
CY2020Q4 paa Linefill And Base Gas
LinefillAndBaseGas
982000000 USD
CY2021Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
253000000 USD
CY2020Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
130000000 USD
CY2021Q4 paa Inventory Current And Noncurrent
InventoryCurrentAndNoncurrent
1943000000 USD
CY2020Q4 paa Inventory Current And Noncurrent
InventoryCurrentAndNoncurrent
1759000000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
19257000000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
18585000000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
4354000000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
3974000000 USD
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
14903000000 USD
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
14611000000 USD
CY2021 us-gaap Depreciation
Depreciation
652000000 USD
CY2020 us-gaap Depreciation
Depreciation
563000000 USD
CY2019 us-gaap Depreciation
Depreciation
525000000 USD
CY2021 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
48000000 USD
CY2020 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
51000000 USD
CY2019 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
120000000 USD
CY2020 paa Proceeds From Sale Of Productive Assets And Agreements
ProceedsFromSaleOfProductiveAssetsAndAgreements
451000000 USD
CY2020Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
2515000000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
2540000000 USD
CY2020 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
2000000 USD
CY2020Q4 us-gaap Goodwill Gross
GoodwillGross
2542000000 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
2515000000 USD
CY2020 paa Goodwill Accumulated Impairment Foreign Currency Translation Gain Loss
GoodwillAccumulatedImpairmentForeignCurrencyTranslationGainLoss
-27000000 USD
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
2542000000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
0 USD
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
3805000000 USD
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
3764000000 USD
CY2021 paa Capital Contributions To Equity Method Investees Excluding Capitalized Interest
CapitalContributionsToEquityMethodInvesteesExcludingCapitalizedInterest
82000000 USD
CY2020 paa Capital Contributions To Equity Method Investees Excluding Capitalized Interest
CapitalContributionsToEquityMethodInvesteesExcludingCapitalizedInterest
445000000 USD
CY2019 paa Capital Contributions To Equity Method Investees Excluding Capitalized Interest
CapitalContributionsToEquityMethodInvesteesExcludingCapitalizedInterest
504000000 USD
CY2021Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
223000000 USD
CY2020Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
170000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
2481000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
521000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1960000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1354000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
549000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
805000000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
122000000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
90000000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
76000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
240000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
232000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
220000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
207000000 USD
CY2021Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
187000000 USD
CY2021Q4 us-gaap Debt Current
DebtCurrent
822000000 USD
CY2020Q4 us-gaap Debt Current
DebtCurrent
831000000 USD
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
8398000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
9382000000 USD
CY2021Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
9220000000 USD
CY2020Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
10213000000 USD
CY2021 paa Long Term Debt Weighted Average Maturity
LongTermDebtWeightedAverageMaturity
P10Y
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
750000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1100000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
750000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1000000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
750000000 USD
CY2021Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
4783000000 USD
CY2021 paa Debt Instrument Coverage Ratio Debt To Ebitda Maximum
DebtInstrumentCoverageRatioDebtToEBITDAMaximum
5.00
CY2021 paa Debt Instrument Coverage Ratio Debt To Ebitda Acquisition Period Maximum
DebtInstrumentCoverageRatioDebtToEBITDAAcquisitionPeriodMaximum
5.50
CY2021 paa Acquisition Measurement Period Threshold
AcquisitionMeasurementPeriodThreshold
150000000 USD
CY2021Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
98000000 USD
CY2020Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
129000000 USD
CY2021Q4 paa Partnership Agreement Net Income Allocation Percent
PartnershipAgreementNetIncomeAllocationPercent
1
CY2021 paa Number Of Days Required For Distribution To Unitholders After End Of Quarter
NumberOfDaysRequiredForDistributionToUnitholdersAfterEndOfQuarter
P45D
CY2021 us-gaap Derivatives Methods Of Accounting Hedge Documentation
DerivativesMethodsOfAccountingHedgeDocumentation
When we apply hedge accounting, our policy is to formally document all relationships between hedging instruments and hedged items, as well as our risk management objectives for undertaking the hedge. This process includes specific identification of the hedging instrument and the hedged transaction, the nature of the risk being hedged and how the hedging instrument’s effectiveness will be assessed.
CY2021 us-gaap Derivatives Methods Of Accounting Hedge Effectiveness
DerivativesMethodsOfAccountingHedgeEffectiveness
At the inception of the hedging relationship, we assess whether the derivatives employed are highly effective in offsetting changes in cash flows of anticipated hedged transactions. Throughout the hedging relationship, retrospective and prospective hedge effectiveness is assessed on a qualitative basis.
CY2021 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
For derivatives designated as cash flow hedges, changes in fair value are deferred in AOCI and recognized in earnings in the periods during which the underlying hedged transactions are recognized in earnings.
CY2021 us-gaap Derivatives Methods Of Accounting Nonhedging Derivatives
DerivativesMethodsOfAccountingNonhedgingDerivatives
Derivatives that are not designated in a hedging relationship for accounting purposes are recognized in earnings each period.
CY2021Q4 paa Initial Margin
InitialMargin
133000000 USD
CY2020Q4 paa Initial Margin
InitialMargin
91000000 USD
CY2021Q4 paa Variation Margin Posted Returned
VariationMarginPostedReturned
173000000 USD
CY2020Q4 paa Variation Margin Posted Returned
VariationMarginPostedReturned
290000000 USD
CY2021Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
259000000 USD
CY2020Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
318000000 USD
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
96000000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
111000000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
125000000 USD
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
19000000 USD
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
31000000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
35000000 USD
CY2021 paa Other Lease Cost
OtherLeaseCost
14000000 USD
CY2020 paa Other Lease Cost
OtherLeaseCost
8000000 USD
CY2019 paa Other Lease Cost
OtherLeaseCost
0 USD
CY2021 us-gaap Lease Cost
LeaseCost
129000000 USD
CY2020 us-gaap Lease Cost
LeaseCost
150000000 USD
CY2019 us-gaap Lease Cost
LeaseCost
160000000 USD
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
91000000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
108000000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
116000000 USD
CY2021 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
7000000 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
5000000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1000000 USD
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
11000000 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
19000000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
18000000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
94000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5000000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
77000000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
32000000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
27000000 USD
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P11Y
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P12Y
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P9Y
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P9Y
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.042
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.045
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.116
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.111
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
393000000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
378000000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
136000000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
141000000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
37000000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
27000000 USD
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
99000000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
114000000 USD
CY2021Q4 paa Leases Right Of Use Asset
LeasesRightOfUseAsset
492000000 USD
CY2020Q4 paa Leases Right Of Use Asset
LeasesRightOfUseAsset
492000000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
77000000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
78000000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
339000000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
317000000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
416000000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
395000000 USD
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
12000000 USD
CY2020Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
11000000 USD
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
59000000 USD
CY2020Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
70000000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
71000000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
81000000 USD
CY2021Q4 paa Leases Liability
LeasesLiability
487000000 USD
CY2020Q4 paa Leases Liability
LeasesLiability
476000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
92000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
18000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
75000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
15000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
63000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
14000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
50000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
12000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
38000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
7000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
252000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
60000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
570000000 USD
CY2021Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
126000000 USD
CY2021Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
154000000 USD
CY2021Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
55000000 USD
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
416000000 USD
CY2021Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
71000000 USD
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
28000000 USD
CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
19000000 USD
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
17000000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
29000000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
22000000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
20000000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
20000000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
20000000 USD
CY2021Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
197000000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2000000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3000000 USD
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
48000000 USD
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
51000000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
109000000 USD
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
50000000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
51000000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
112000000 USD
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
23000000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-70000000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-46000000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
23000000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-70000000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-46000000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
73000000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-19000000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
66000000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
721000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2599000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2246000000 USD
CY2021 paa Income Not Subject To Foreign Tax
IncomeNotSubjectToForeignTax
370000000 USD
CY2020 paa Income Not Subject To Foreign Tax
IncomeNotSubjectToForeignTax
-2221000000 USD
CY2019 paa Income Not Subject To Foreign Tax
IncomeNotSubjectToForeignTax
1769000000 USD
CY2021 paa Income Subject To Foreign Tax
IncomeSubjectToForeignTax
351000000 USD
CY2020 paa Income Subject To Foreign Tax
IncomeSubjectToForeignTax
-378000000 USD
CY2019 paa Income Subject To Foreign Tax
IncomeSubjectToForeignTax
477000000 USD
CY2021 paa Foreign Tax Rate
ForeignTaxRate
0.24
CY2020 paa Foreign Tax Rate
ForeignTaxRate
0.24
CY2019 paa Foreign Tax Rate
ForeignTaxRate
0.26
CY2021 paa Foreign Income Tax Expense Benefit At Foreign Statutory Rate
ForeignIncomeTaxExpenseBenefitAtForeignStatutoryRate
84000000 USD
CY2020 paa Foreign Income Tax Expense Benefit At Foreign Statutory Rate
ForeignIncomeTaxExpenseBenefitAtForeignStatutoryRate
-91000000 USD
CY2019 paa Foreign Income Tax Expense Benefit At Foreign Statutory Rate
ForeignIncomeTaxExpenseBenefitAtForeignStatutoryRate
124000000 USD
CY2021 paa Foreign Period Tax On Permanent Book Versus Tax Differences And Rate Changes
ForeignPeriodTaxOnPermanentBookVersusTaxDifferencesAndRateChanges
-13000000 USD
CY2020 paa Foreign Period Tax On Permanent Book Versus Tax Differences And Rate Changes
ForeignPeriodTaxOnPermanentBookVersusTaxDifferencesAndRateChanges
72000000 USD
CY2019 paa Foreign Period Tax On Permanent Book Versus Tax Differences And Rate Changes
ForeignPeriodTaxOnPermanentBookVersusTaxDifferencesAndRateChanges
-61000000 USD
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2000000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3000000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
73000000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-19000000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
66000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
39000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
45000000 USD
CY2021Q4 paa Deferred Tax Assets Leasing Arrangements
DeferredTaxAssetsLeasingArrangements
48000000 USD
CY2020Q4 paa Deferred Tax Assets Leasing Arrangements
DeferredTaxAssetsLeasingArrangements
39000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
2000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
2000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
17000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
16000000 USD
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
106000000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
102000000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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DeferredTaxLiabilitiesPropertyPlantAndEquipment
475000000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
47000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
38000000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
3000000 USD
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DeferredTaxLiabilitiesOther
3000000 USD
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
581000000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
516000000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
475000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
414000000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
475000000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
414000000 USD
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Financial instruments that potentially subject us to concentrations of credit risk consist principally of trade receivables. Our accounts receivable are primarily from purchasers and shippers of crude oil and, to a lesser extent, purchasers of NGL. This industry concentration has the potential to impact our overall exposure to credit risk in that the customers may be similarly affected by changes in economic, industry or other conditions. We review credit exposure and financial information of our counterparties and generally require letters of credit for receivables from customers that are not considered creditworthy, unless the credit risk can otherwise be reduced.
CY2021 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
33000000 USD
CY2020 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
46000000 USD
CY2019 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
692000000 USD
CY2021 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
385000000 USD
CY2020 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
451000000 USD
CY2019 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
223000000 USD
CY2021Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
41000000 USD
CY2020Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
34000000 USD
CY2021Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
72000000 USD
CY2020Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
88000000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
43500000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
43500000 shares
CY2021Q4 paa Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Probable Vesting Unrecognized Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsProbableVestingUnrecognizedFairValue
44000000 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
22700000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
10700000 shares
CY2021Q4 paa Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Including Distribution Equivalent Rights Outstanding
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsIncludingDistributionEquivalentRightsOutstanding
7600000 shares
CY2021Q4 paa Leases Future Minimum Payments Due In One Year
LeasesFutureMinimumPaymentsDueInOneYear
110000000 USD
CY2021Q4 paa Leases Future Minimum Payments Due In Two Years
LeasesFutureMinimumPaymentsDueInTwoYears
90000000 USD
CY2021Q4 paa Leases Future Minimum Payments Due In Three Year
LeasesFutureMinimumPaymentsDueInThreeYear
77000000 USD
CY2021Q4 paa Leases Future Minimum Payments Due In Four Years
LeasesFutureMinimumPaymentsDueInFourYears
62000000 USD
CY2021Q4 paa Leases Future Minimum Payments Due In Five Years
LeasesFutureMinimumPaymentsDueInFiveYears
45000000 USD
CY2021Q4 paa Leases Future Minimum Payments Due Thereafter
LeasesFutureMinimumPaymentsDueThereafter
312000000 USD
CY2021Q4 paa Leases Future Minimum Payments Due
LeasesFutureMinimumPaymentsDue
696000000 USD
CY2021Q4 us-gaap Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
327000000 USD
CY2021Q4 us-gaap Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
307000000 USD
CY2021Q4 us-gaap Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
298000000 USD
CY2021Q4 us-gaap Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
282000000 USD
CY2021Q4 us-gaap Other Commitment Due In Fifth Year
OtherCommitmentDueInFifthYear
211000000 USD
CY2021Q4 us-gaap Other Commitment Due After Fifth Year
OtherCommitmentDueAfterFifthYear
624000000 USD
CY2021Q4 us-gaap Other Commitment
OtherCommitment
2049000000 USD
CY2021Q4 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
437000000 USD
CY2021Q4 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
397000000 USD
CY2021Q4 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
375000000 USD
CY2021Q4 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
344000000 USD
CY2021Q4 us-gaap Contractual Obligation Due In Fifth Year
ContractualObligationDueInFifthYear
256000000 USD
CY2021Q4 us-gaap Contractual Obligation Due After Fifth Year
ContractualObligationDueAfterFifthYear
936000000 USD
CY2021Q4 us-gaap Contractual Obligation
ContractualObligation
2745000000 USD
CY2021 us-gaap Unrecorded Unconditional Purchase Obligation Purchases
UnrecordedUnconditionalPurchaseObligationPurchases
270000000 USD
CY2020 us-gaap Unrecorded Unconditional Purchase Obligation Purchases
UnrecordedUnconditionalPurchaseObligationPurchases
265000000 USD
CY2019 us-gaap Unrecorded Unconditional Purchase Obligation Purchases
UnrecordedUnconditionalPurchaseObligationPurchases
236000000 USD
CY2021 paa Segment Adjusted Ebitda
SegmentAdjustedEBITDA
2194000000 USD
CY2021Q4 us-gaap Accrual For Environmental Loss Contingencies Gross
AccrualForEnvironmentalLossContingenciesGross
57000000 USD
CY2021Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
11000000 USD
CY2020Q4 us-gaap Accrual For Environmental Loss Contingencies Gross
AccrualForEnvironmentalLossContingenciesGross
55000000 USD
CY2020Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
8000000 USD
CY2021Q4 us-gaap Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
11000000 USD
CY2020Q4 us-gaap Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
6000000 USD
CY2021Q4 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2021 us-gaap Revenues
Revenues
42078000000 USD
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
274000000 USD
CY2021 paa Segment Adjusted Ebitda
SegmentAdjustedEBITDA
2194000000 USD
CY2021 paa Investment And Acquisition Capital Expenditures
InvestmentAndAcquisitionCapitalExpenditures
269000000 USD
CY2021 paa Maintenance Capital Expenditures
MaintenanceCapitalExpenditures
168000000 USD
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
3805000000 USD
CY2020 us-gaap Revenues
Revenues
23290000000 USD
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
355000000 USD
CY2020 paa Segment Adjusted Ebitda
SegmentAdjustedEBITDA
2543000000 USD
CY2020 paa Investment And Acquisition Capital Expenditures
InvestmentAndAcquisitionCapitalExpenditures
1231000000 USD
CY2020 paa Maintenance Capital Expenditures
MaintenanceCapitalExpenditures
216000000 USD
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
3764000000 USD
CY2019 us-gaap Revenues
Revenues
33669000000 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
388000000 USD
CY2019 paa Segment Adjusted Ebitda
SegmentAdjustedEBITDA
3220000000 USD
CY2019 paa Investment And Acquisition Capital Expenditures
InvestmentAndAcquisitionCapitalExpenditures
1390000000 USD
CY2019 paa Maintenance Capital Expenditures
MaintenanceCapitalExpenditures
287000000 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
3683000000 USD
CY2020 paa Segment Adjusted Ebitda
SegmentAdjustedEBITDA
2543000000 USD
CY2019 paa Segment Adjusted Ebitda
SegmentAdjustedEBITDA
3220000000 USD
CY2021 paa Depreciation And Amortization Of Unconsolidated Entities
DepreciationAndAmortizationOfUnconsolidatedEntities
123000000 USD
CY2020 paa Depreciation And Amortization Of Unconsolidated Entities
DepreciationAndAmortizationOfUnconsolidatedEntities
73000000 USD
CY2019 paa Depreciation And Amortization Of Unconsolidated Entities
DepreciationAndAmortizationOfUnconsolidatedEntities
62000000 USD
CY2021 paa Gains Losses From Derivative Activities And Inventory Valuation Adjustments
GainsLossesFromDerivativeActivitiesAndInventoryValuationAdjustments
271000000 USD
CY2020 paa Gains Losses From Derivative Activities And Inventory Valuation Adjustments
GainsLossesFromDerivativeActivitiesAndInventoryValuationAdjustments
-480000000 USD
CY2019 paa Gains Losses From Derivative Activities And Inventory Valuation Adjustments
GainsLossesFromDerivativeActivitiesAndInventoryValuationAdjustments
-160000000 USD
CY2021 paa Long Term Inventory Costing Adjustments
LongTermInventoryCostingAdjustments
-94000000 USD
CY2020 paa Long Term Inventory Costing Adjustments
LongTermInventoryCostingAdjustments
44000000 USD
CY2019 paa Long Term Inventory Costing Adjustments
LongTermInventoryCostingAdjustments
-20000000 USD
CY2021 paa Deficiencies Under Minimum Volume Commitments Net
DeficienciesUnderMinimumVolumeCommitmentsNet
-7000000 USD
CY2020 paa Deficiencies Under Minimum Volume Commitments Net
DeficienciesUnderMinimumVolumeCommitmentsNet
74000000 USD
CY2019 paa Deficiencies Under Minimum Volume Commitments Net
DeficienciesUnderMinimumVolumeCommitmentsNet
-18000000 USD
CY2021 paa Equity Indexed Compensation Expense Awards That Will Or May Be Settled In Units
EquityIndexedCompensationExpenseAwardsThatWillOrMayBeSettledInUnits
19000000 USD
CY2020 paa Equity Indexed Compensation Expense Awards That Will Or May Be Settled In Units
EquityIndexedCompensationExpenseAwardsThatWillOrMayBeSettledInUnits
19000000 USD
CY2019 paa Equity Indexed Compensation Expense Awards That Will Or May Be Settled In Units
EquityIndexedCompensationExpenseAwardsThatWillOrMayBeSettledInUnits
17000000 USD
CY2021 paa Net Gain Loss On Foreign Currency Revaluation
NetGainLossOnForeignCurrencyRevaluation
4000000 USD
CY2020 paa Net Gain Loss On Foreign Currency Revaluation
NetGainLossOnForeignCurrencyRevaluation
3000000 USD
CY2019 paa Net Gain Loss On Foreign Currency Revaluation
NetGainLossOnForeignCurrencyRevaluation
-14000000 USD
CY2021 paa Significant Transaction Related Expenses
SignificantTransactionRelatedExpenses
16000000 USD
CY2020 paa Significant Transaction Related Expenses
SignificantTransactionRelatedExpenses
3000000 USD
CY2019 paa Significant Transaction Related Expenses
SignificantTransactionRelatedExpenses
0 USD
CY2021 paa Adjusted Ebitda Attributable To Noncontrolling Interests
AdjustedEBITDAAttributableToNoncontrollingInterests
94000000 USD
CY2020 paa Adjusted Ebitda Attributable To Noncontrolling Interests
AdjustedEBITDAAttributableToNoncontrollingInterests
14000000 USD
CY2019 paa Adjusted Ebitda Attributable To Noncontrolling Interests
AdjustedEBITDAAttributableToNoncontrollingInterests
10000000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
774000000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
653000000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
601000000 USD
CY2021 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-592000000 USD
CY2020 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-719000000 USD
CY2019 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-28000000 USD
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
2515000000 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021 paa Gain On Impairment Of Investments In Unconsolidated Entities Net
GainOnImpairmentOfInvestmentsInUnconsolidatedEntitiesNet
2000000 USD
CY2020 paa Gain On Impairment Of Investments In Unconsolidated Entities Net
GainOnImpairmentOfInvestmentsInUnconsolidatedEntitiesNet
-182000000 USD
CY2019 paa Gain On Impairment Of Investments In Unconsolidated Entities Net
GainOnImpairmentOfInvestmentsInUnconsolidatedEntitiesNet
271000000 USD
CY2021 us-gaap Interest Expense
InterestExpense
425000000 USD
CY2020 us-gaap Interest Expense
InterestExpense
436000000 USD
CY2019 us-gaap Interest Expense
InterestExpense
425000000 USD
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
19000000 USD
CY2020 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
39000000 USD
CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
24000000 USD
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
721000000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2599000000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2246000000 USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
73000000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-19000000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
66000000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
648000000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-2580000000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
2180000000 USD
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
55000000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
10000000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
9000000 USD
CY2021 us-gaap Net Income Loss
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593000000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-2590000000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
2171000000 USD
CY2021 us-gaap Revenues
Revenues
42078000000 USD
CY2020 us-gaap Revenues
Revenues
23290000000 USD
CY2019 us-gaap Revenues
Revenues
33669000000 USD
CY2021Q4 us-gaap Noncurrent Assets
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22367000000 USD
CY2020Q4 us-gaap Noncurrent Assets
NoncurrentAssets
20779000000 USD

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