$PAA
PLAINS ALL AMERICAN PIPELINE LP Stock $paa

$paa Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000107042324000020 Filed on August 09, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$12.74B	$12.93B
YoY Change	5.57%	11.47%
Cost Of Revenue	$11.56B	$12.21B
YoY Change	4.06%	12.24%
Gross Profit	$1.186B	$725.0M
YoY Change	22.9%	0.0%
Gross Profit Margin	9.31%	5.61%
Selling, General & Admin	$98.00M	$93.00M
YoY Change	6.52%	9.41%
% of Gross Profit	8.26%	12.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$257.0M	$257.0M
YoY Change	-1.15%	-0.77%
% of Gross Profit	21.67%	35.45%
Operating Expenses	$355.0M	$350.0M
YoY Change	0.85%	1.74%
Operating Profit	$347.0M	$375.0M
YoY Change	48.29%	-1.57%
Interest Expense	-$15.00M	-$5.000M
YoY Change	-115.46%	-16.67%
% of Operating Profit	-4.32%	-1.33%
Other Income/Expense, Net	$26.00M	$23.00M
YoY Change	160.0%	15.0%
Pretax Income	$357.0M	$392.0M
YoY Change	34.72%	0.0%
Income Tax	$45.00M	$62.00M
% Of Pretax Income	12.61%	15.82%
Net Earnings	$220.0M	$180.0M
YoY Change	8.37%	-20.7%
Net Earnings / Revenue	1.73%	1.39%
Basic Earnings Per Share
Diluted Earnings Per Share	$0.22	$0.26
COMMON SHARES
Basic Shares Outstanding	701.1M shares	701.1M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$640.0M	$553.0M
YoY Change	146.15%	-40.73%
Cash & Equivalents	$640.0M	$553.0M
Short-Term Investments
Other Short-Term Assets	$141.0M	$4.834B
YoY Change	-29.85%	3428.47%
Inventory	$436.0M	$502.0M
Prepaid Expenses
Receivables	$4.043B	$4.254B
Other Receivables	-$91.00M	-$46.00M
Total Short-Term Assets	$5.169B	$5.387B
YoY Change	-3.04%	15.68%
LONG-TERM ASSETS
Property, Plant & Equipment	$16.94B	$16.91B
YoY Change	0.47%	2.31%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$2.846B	$2.862B
YoY Change	0.57%	-6.53%
Other Assets	$269.0M	$555.0M
YoY Change	-35.49%	43.78%
Total Long-Term Assets	$21.99B	$22.07B
YoY Change	-1.87%	-0.8%
TOTAL ASSETS
Total Short-Term Assets	$5.169B	$5.387B
Total Long-Term Assets	$21.99B	$22.07B
Total Assets	$27.16B	$27.45B
YoY Change	-2.09%	2.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$3.675B	$4.015B
YoY Change	-11.34%	21.85%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$765.0M	$765.0M
YoY Change	7.75%	7.9%
Total Short-Term Liabilities	$5.136B	$5.406B
YoY Change	-8.38%	16.21%
LONG-TERM LIABILITIES
Long-Term Debt	$7.212B	$7.211B
YoY Change	-1.15%	-1.06%
Other Long-Term Liabilities	$1.006B	$1.258B
YoY Change	0.4%	18.79%
Total Long-Term Liabilities	$8.487B	$8.469B
YoY Change	-1.06%	-2.05%
TOTAL LIABILITIES
Total Short-Term Liabilities	$5.136B	$5.406B
Total Long-Term Liabilities	$8.487B	$8.469B
Total Liabilities	$13.62B	$17.18B
YoY Change	-3.96%	29.17%
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	$10.24B	$10.28B
YoY Change
Total Liabilities & Shareholders Equity	$27.16B	$27.45B
YoY Change	-2.09%	2.06%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$220.0M	$180.0M
YoY Change	8.37%	-20.7%
Depreciation, Depletion And Amortization	$257.0M	$257.0M
YoY Change	-1.15%	-0.77%
Cash From Operating Activities	$691.0M	$653.0M
YoY Change	712.94%	-26.46%
INVESTING ACTIVITIES
Capital Expenditures	$162.0M	$142.0M
YoY Change	14.08%	-10.69%
Acquisitions
YoY Change
Other Investing Activities	-$660.0M	-$327.0M
YoY Change	122.97%	14.34%
Cash From Investing Activities	-$822.0M	-$157.0M
YoY Change	87.67%	-4.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	215.0M	-272.0M
YoY Change	-169.81%	-16.31%
NET CHANGE
Cash From Operating Activities	691.0M	653.0M
Cash From Investing Activities	-822.0M	-157.0M
Cash From Financing Activities	215.0M	-272.0M
Net Change In Cash	84.00M	224.0M
YoY Change	-112.71%	-43.86%
FREE CASH FLOW
Cash From Operating Activities	$691.0M	$653.0M
Capital Expenditures	$162.0M	$142.0M
Free Cash Flow	$529.0M	$511.0M
YoY Change	-1028.07%	-29.9%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q2	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	2000000	usd
CY2023Q2	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	3000000	usd
CY2024Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	23000000	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	20000000	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	392000000	usd
CY2024Q2	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	69000000	usd
CY2024Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-7000000	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	330000000	usd
CY2024Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	80000000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	250000000	usd
CY2024Q2	paa	Net Income Loss Allocated To Common Unitholders Basic NetIncomeLossAllocatedToCommonUnitholdersBasic	180000000	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	330000000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-33000000	usd
CY2024Q2	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	297000000	usd
CY2024Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	80000000	usd
CY2024Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	217000000	usd
	us-gaap	Profit Loss ProfitLoss	681000000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	511000000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	515000000	usd
	us-gaap	Gain Loss On Sales Of Assets And Asset Impairment Charges GainLossOnSalesOfAssetsAndAssetImpairmentCharges	-1000000	usd
	us-gaap	Gain Loss On Sales Of Assets And Asset Impairment Charges GainLossOnSalesOfAssetsAndAssetImpairmentCharges	150000000	usd
CY2024Q2	paa	Contract With Customer Contractual Rights Of Offset With Counterparties ContractWithCustomerContractualRightsOfOffsetWithCounterparties	8491000000	usd
CY2023Q4	paa	Contract With Customer Contractual Rights Of Offset With Counterparties ContractWithCustomerContractualRightsOfOffsetWithCounterparties	7774000000	usd
CY2024Q2	us-gaap	Receivables Net Current ReceivablesNetCurrent	4208000000	usd
CY2023Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	3760000000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	250000000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	293000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	515000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	715000000	usd
CY2024Q2	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	8000000	usd
CY2023Q2	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	5000000	usd
	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	9000000	usd
	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	8000000	usd
CY2024Q2	paa	Other Adjustments Impacting Earnings Basic OtherAdjustmentsImpactingEarningsBasic	-1000000	usd
CY2023Q2	paa	Other Adjustments Impacting Earnings Basic OtherAdjustmentsImpactingEarningsBasic	-1000000	usd
	paa	Other Adjustments Impacting Earnings Basic OtherAdjustmentsImpactingEarningsBasic	-3000000	usd
	paa	Other Adjustments Impacting Earnings Basic OtherAdjustmentsImpactingEarningsBasic	-2000000	usd
CY2024Q2	paa	Net Income Loss Allocated To Common Unitholders Basic NetIncomeLossAllocatedToCommonUnitholdersBasic	180000000	usd
CY2024Q2	paa	Net Income Loss Allocated To Common Unitholders Diluted NetIncomeLossAllocatedToCommonUnitholdersDiluted	180000000	usd
CY2023Q2	paa	Net Income Loss Allocated To Common Unitholders Basic NetIncomeLossAllocatedToCommonUnitholdersBasic	227000000	usd
CY2023Q2	paa	Net Income Loss Allocated To Common Unitholders Diluted NetIncomeLossAllocatedToCommonUnitholdersDiluted	227000000	usd
	paa	Net Income Loss Allocated To Common Unitholders Diluted NetIncomeLossAllocatedToCommonUnitholdersDiluted	382000000	usd
	paa	Net Income Loss Allocated To Common Unitholders Basic NetIncomeLossAllocatedToCommonUnitholdersBasic	382000000	usd
	paa	Net Income Loss Allocated To Common Unitholders Diluted NetIncomeLossAllocatedToCommonUnitholdersDiluted	588000000	usd
	paa	Net Income Loss Allocated To Common Unitholders Basic NetIncomeLossAllocatedToCommonUnitholdersBasic	588000000	usd
CY2024Q2	us-gaap	Inventory Net InventoryNet	502000000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	548000000	usd
CY2024Q2	paa	Linefill Linefill	980000000	usd
CY2023Q4	paa	Linefill Linefill	976000000	usd
CY2024Q2	us-gaap	Inventory Noncurrent InventoryNoncurrent	290000000	usd
CY2023Q4	us-gaap	Inventory Noncurrent InventoryNoncurrent	265000000	usd
CY2024Q2	paa	Inventory Current And Noncurrent InventoryCurrentAndNoncurrent	1772000000	usd
CY2023Q4	paa	Inventory Current And Noncurrent InventoryCurrentAndNoncurrent	1789000000	usd
CY2024Q2	us-gaap	Debt Current DebtCurrent	765000000	usd
CY2023Q4	us-gaap	Debt Current DebtCurrent	446000000	usd
CY2024Q2	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	7211000000	usd
CY2023Q4	us-gaap	Long Term Debt And Capital Lease Obligations LongTermDebtAndCapitalLeaseObligations	7305000000	usd
CY2024Q2	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	7976000000	usd
CY2023Q4	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	7751000000	usd
CY2024Q2	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	143000000	usd
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P6M
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P1Y
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P1Y
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P1Y
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P1Y
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
CY2024Q2	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	111000000	usd
CY2023Q2	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	95000000	usd
	paa	Net Income Loss Allocated To Common Unitholders Diluted NetIncomeLossAllocatedToCommonUnitholdersDiluted	382000000	usd
	paa	Net Income Loss Allocated To Common Unitholders Basic NetIncomeLossAllocatedToCommonUnitholdersBasic	382000000	usd
	us-gaap	Profit Loss ProfitLoss	824000000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-46000000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	15000000	usd
	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	17000000	usd
	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-1000000	usd
	paa	Net Cash Paid Received For Terminated Hedging Instruments NetCashPaidReceivedForTerminatedHedgingInstruments	-57000000	usd
	paa	Net Cash Paid Received For Terminated Hedging Instruments NetCashPaidReceivedForTerminatedHedgingInstruments	-80000000	usd
	us-gaap	Embedded Derivative Gain Loss On Embedded Derivative Net EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet	58000000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	201000000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	178000000	usd
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	250000000	usd
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	219000000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-37000000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-34000000	usd
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	201000000	usd
	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	-329000000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1072000000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1631000000	usd
	us-gaap	Payments To Acquire Businesses And Interest In Affiliates PaymentsToAcquireBusinessesAndInterestInAffiliates	111000000	usd
	paa	Capital Contributions To Equity Method Investees CapitalContributionsToEquityMethodInvestees	3000000	usd
	paa	Capital Contributions To Equity Method Investees CapitalContributionsToEquityMethodInvestees	19000000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	296000000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	267000000	usd
	paa	Cash Paid Related To Purchases Of Linefill CashPaidRelatedToPurchasesOfLinefill	16000000	usd
	paa	Cash Paid Related To Purchases Of Linefill CashPaidRelatedToPurchasesOfLinefill	14000000	usd
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	6000000	usd
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	284000000	usd
	paa	Cash Received Related To Sales Of Linefill CashReceivedRelatedToSalesOfLinefill	9000000	usd
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-2000000	usd
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-1000000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-418000000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-6000000	usd
	us-gaap	Proceeds From Repayments Of Commercial Paper ProceedsFromRepaymentsOfCommercialPaper	-433000000	usd
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	650000000	usd
	us-gaap	Repayments Of Senior Debt RepaymentsOfSeniorDebt	400000000	usd
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	198000000	usd
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	151000000	usd
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	24000000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-16000000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-61000000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-545000000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1101000000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-6000000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	8000000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	103000000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	532000000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	450000000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	401000000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	553000000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	933000000	usd
	us-gaap	Interest Paid Net InterestPaidNet	195000000	usd
	us-gaap	Interest Paid Net InterestPaidNet	188000000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	193000000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	8000000	usd
CY2023Q4	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	13732000000	usd
	us-gaap	Profit Loss ProfitLoss	681000000	usd
	us-gaap	Partners Capital Account Distributions PartnersCapitalAccountDistributions	770000000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-104000000	usd
	us-gaap	Partners Capital Account Contributions PartnersCapitalAccountContributions	24000000	usd
	us-gaap	Partners Capital Other PartnersCapitalOther	15000000	usd
CY2024Q2	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	13578000000	usd
CY2024Q1	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	13646000000	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	330000000	usd
CY2024Q2	us-gaap	Partners Capital Account Distributions PartnersCapitalAccountDistributions	383000000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-33000000	usd
CY2024Q2	us-gaap	Partners Capital Account Contributions PartnersCapitalAccountContributions	12000000	usd
CY2024Q2	us-gaap	Partners Capital Other PartnersCapitalOther	6000000	usd
CY2024Q2	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	13578000000	usd
CY2022Q4	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	13325000000	usd
	us-gaap	Profit Loss ProfitLoss	824000000	usd
	us-gaap	Partners Capital Account Distributions PartnersCapitalAccountDistributions	646000000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	85000000	usd
	us-gaap	Partners Capital Other PartnersCapitalOther	14000000	usd
CY2023Q2	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	13602000000	usd
CY2023Q1	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	13483000000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	349000000	usd
CY2023Q2	us-gaap	Partners Capital Account Distributions PartnersCapitalAccountDistributions	322000000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	85000000	usd
CY2023Q2	us-gaap	Partners Capital Other PartnersCapitalOther	7000000	usd
CY2023Q2	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	13602000000	usd
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	segment
CY2024Q2	us-gaap	Revenues Revenues	12933000000	usd
	us-gaap	Revenues Revenues	23943000000	usd
CY2023Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	228000000	usd
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	27000000	usd
	paa	Contractwith Customer Liability Additions ContractwithCustomerLiabilityAdditions	23000000	usd
	paa	Contract With Customer Liability Other ContractWithCustomerLiabilityOther	-7000000	usd
CY2024Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	217000000	usd
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	330000000	usd
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	603000000	usd
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	426000000	usd
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	361000000	usd
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	293000000	usd
CY2024Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	942000000	usd
CY2023	paa	Trade Accounts Receivable Net Disclosure Of Maximum Age Of Balances Past Invoice Date TradeAccountsReceivableNetDisclosureOfMaximumAgeOfBalancesPastInvoiceDate	P30D
	paa	Trade Accounts Receivable Net Disclosure Of Maximum Age Of Balances Past Invoice Date TradeAccountsReceivableNetDisclosureOfMaximumAgeOfBalancesPastInvoiceDate	P30D
CY2024Q2	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	4254000000	usd
CY2023Q4	us-gaap	Contract With Customer Asset Net Current ContractWithCustomerAssetNetCurrent	3999000000	usd
CY2024Q2	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	8445000000	usd
CY2023Q4	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	7535000000	usd
CY2023Q4	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	205000000	usd
	paa	Number Of Days Required For Distribution To Unitholders After End Of Quarter NumberOfDaysRequiredForDistributionToUnitholdersAfterEndOfQuarter	P45D
CY2024Q2	paa	Initial Margin InitialMargin	59000000	usd
CY2023Q4	paa	Initial Margin InitialMargin	77000000	usd
CY2024Q2	paa	Variation Margin Posted Returned VariationMarginPostedReturned	123000000	usd
CY2023Q4	paa	Variation Margin Posted Returned VariationMarginPostedReturned	-65000000	usd
CY2024Q2	us-gaap	Derivative Liability Collateral Right To Reclaim Cash Offset DerivativeLiabilityCollateralRightToReclaimCashOffset	157000000	usd
CY2023Q4	us-gaap	Derivative Asset Collateral Obligation To Return Cash Offset DerivativeAssetCollateralObligationToReturnCashOffset	13000000	usd
CY2024Q2	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	96000000	usd
CY2023Q2	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	101000000	usd
	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	193000000	usd
	us-gaap	Related Party Transaction Purchases From Related Party RelatedPartyTransactionPurchasesFromRelatedParty	200000000	usd
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	segment
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2024Q2	us-gaap	Revenues Revenues	12933000000	usd
CY2024Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	106000000	usd
CY2024Q2	paa	Segment Adjusted Ebitda SegmentAdjustedEBITDA	670000000	usd
CY2024Q2	paa	Maintenance Capital Expenditures MaintenanceCapitalExpenditures	61000000	usd
CY2023Q2	us-gaap	Revenues Revenues	11602000000	usd
CY2023Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	89000000	usd
CY2023Q2	paa	Segment Adjusted Ebitda SegmentAdjustedEBITDA	591000000	usd
CY2023Q2	paa	Maintenance Capital Expenditures MaintenanceCapitalExpenditures	62000000	usd
	us-gaap	Revenues Revenues	24928000000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	201000000	usd
	paa	Segment Adjusted Ebitda SegmentAdjustedEBITDA	1383000000	usd
	paa	Maintenance Capital Expenditures MaintenanceCapitalExpenditures	118000000	usd
	us-gaap	Revenues Revenues	23943000000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	178000000	usd
	paa	Segment Adjusted Ebitda SegmentAdjustedEBITDA	1300000000	usd
	paa	Maintenance Capital Expenditures MaintenanceCapitalExpenditures	109000000	usd
CY2024Q2	paa	Segment Adjusted Ebitda SegmentAdjustedEBITDA	670000000	usd
CY2023Q2	paa	Segment Adjusted Ebitda SegmentAdjustedEBITDA	591000000	usd
	paa	Segment Adjusted Ebitda SegmentAdjustedEBITDA	1383000000	usd
	paa	Segment Adjusted Ebitda SegmentAdjustedEBITDA	1300000000	usd
CY2024Q2	paa	Depreciation And Amortization Of Unconsolidated Entities DepreciationAndAmortizationOfUnconsolidatedEntities	17000000	usd
CY2023Q2	paa	Depreciation And Amortization Of Unconsolidated Entities DepreciationAndAmortizationOfUnconsolidatedEntities	24000000	usd
	paa	Depreciation And Amortization Of Unconsolidated Entities DepreciationAndAmortizationOfUnconsolidatedEntities	37000000	usd
	paa	Depreciation And Amortization Of Unconsolidated Entities DepreciationAndAmortizationOfUnconsolidatedEntities	47000000	usd
CY2024Q2	paa	Gains Losses From Derivative Activities And Inventory Valuation Adjustments GainsLossesFromDerivativeActivitiesAndInventoryValuationAdjustments	-24000000	usd
CY2023Q2	paa	Gains Losses From Derivative Activities And Inventory Valuation Adjustments GainsLossesFromDerivativeActivitiesAndInventoryValuationAdjustments	86000000	usd
	paa	Gains Losses From Derivative Activities And Inventory Valuation Adjustments GainsLossesFromDerivativeActivitiesAndInventoryValuationAdjustments	-184000000	usd
	paa	Gains Losses From Derivative Activities And Inventory Valuation Adjustments GainsLossesFromDerivativeActivitiesAndInventoryValuationAdjustments	-6000000	usd
CY2024Q2	paa	Long Term Inventory Costing Adjustments LongTermInventoryCostingAdjustments	10000000	usd
CY2023Q2	paa	Long Term Inventory Costing Adjustments LongTermInventoryCostingAdjustments	2000000	usd
	paa	Long Term Inventory Costing Adjustments LongTermInventoryCostingAdjustments	-24000000	usd
	paa	Long Term Inventory Costing Adjustments LongTermInventoryCostingAdjustments	31000000	usd
CY2024Q2	paa	Deficiencies Under Minimum Volume Commitments Net DeficienciesUnderMinimumVolumeCommitmentsNet	7000000	usd
CY2023Q2	paa	Deficiencies Under Minimum Volume Commitments Net DeficienciesUnderMinimumVolumeCommitmentsNet	-2000000	usd
	paa	Deficiencies Under Minimum Volume Commitments Net DeficienciesUnderMinimumVolumeCommitmentsNet	-5000000	usd
	paa	Deficiencies Under Minimum Volume Commitments Net DeficienciesUnderMinimumVolumeCommitmentsNet	-9000000	usd
CY2024Q2	paa	Equity Indexed Compensation Expense Awards That Will Be Settled In Units EquityIndexedCompensationExpenseAwardsThatWillBeSettledInUnits	10000000	usd
CY2023Q2	paa	Equity Indexed Compensation Expense Awards That Will Be Settled In Units EquityIndexedCompensationExpenseAwardsThatWillBeSettledInUnits	8000000	usd
	paa	Equity Indexed Compensation Expense Awards That Will Be Settled In Units EquityIndexedCompensationExpenseAwardsThatWillBeSettledInUnits	19000000	usd
	paa	Equity Indexed Compensation Expense Awards That Will Be Settled In Units EquityIndexedCompensationExpenseAwardsThatWillBeSettledInUnits	17000000	usd
CY2024Q2	paa	Net Gain Loss On Foreign Currency Revaluation NetGainLossOnForeignCurrencyRevaluation	3000000	usd
CY2023Q2	paa	Net Gain Loss On Foreign Currency Revaluation NetGainLossOnForeignCurrencyRevaluation	-19000000	usd
	paa	Net Gain Loss On Foreign Currency Revaluation NetGainLossOnForeignCurrencyRevaluation	24000000	usd
	paa	Net Gain Loss On Foreign Currency Revaluation NetGainLossOnForeignCurrencyRevaluation	-15000000	usd
CY2024Q2	paa	Segment Amounts Attributable To Noncontrolling Interests SegmentAmountsAttributableToNoncontrollingInterests	133000000	usd
CY2023Q2	paa	Segment Amounts Attributable To Noncontrolling Interests SegmentAmountsAttributableToNoncontrollingInterests	103000000	usd
	paa	Segment Amounts Attributable To Noncontrolling Interests SegmentAmountsAttributableToNoncontrollingInterests	261000000	usd
	paa	Segment Amounts Attributable To Noncontrolling Interests SegmentAmountsAttributableToNoncontrollingInterests	200000000	usd
CY2024Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	257000000	usd
CY2023Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	259000000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	511000000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	515000000	usd
CY2024Q2	us-gaap	Gain Loss On Sales Of Assets And Asset Impairment Charges GainLossOnSalesOfAssetsAndAssetImpairmentCharges	-1000000	usd
CY2023Q2	us-gaap	Gain Loss On Sales Of Assets And Asset Impairment Charges GainLossOnSalesOfAssetsAndAssetImpairmentCharges	-3000000	usd
	us-gaap	Gain Loss On Sales Of Assets And Asset Impairment Charges GainLossOnSalesOfAssetsAndAssetImpairmentCharges	-1000000	usd
	us-gaap	Gain Loss On Sales Of Assets And Asset Impairment Charges GainLossOnSalesOfAssetsAndAssetImpairmentCharges	150000000	usd
CY2024Q2	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	111000000	usd
CY2023Q2	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	95000000	usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	205000000	usd
	us-gaap	Interest Expense Nonoperating InterestExpenseNonoperating	193000000	usd
CY2024Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	23000000	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	20000000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	18000000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	85000000	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	392000000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	392000000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	758000000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	920000000	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	62000000	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	43000000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	77000000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	96000000	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	330000000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	349000000	usd
	us-gaap	Profit Loss ProfitLoss	681000000	usd
	us-gaap	Profit Loss ProfitLoss	824000000	usd
CY2024Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	80000000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	56000000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	166000000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	109000000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	250000000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	293000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	515000000	usd
	us-gaap	Net Income Loss NetIncomeLoss	715000000	usd
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

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R8.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$PAA
PLAINS ALL AMERICAN PIPELINE LP Stock $paa

2024 Q3 Form 10-Q Financial Statement

#000107042324000020 Filed on August 09, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PAA PLAINS ALL AMERICAN PIPELINE LP Stock $paa

2024 Q3 Form 10-Q Financial Statement

#000107042324000020 Filed on August 09, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PAA
PLAINS ALL AMERICAN PIPELINE LP Stock $paa