2021 Q3 Form 10-Q Financial Statement

#000158199021000021 Filed on August 06, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2021 Q2 2020 Q2
Revenue $10.78B $9.930B $3.225B
YoY Change 84.74% 207.91% -60.92%
Cost Of Revenue $10.07B $9.277B $2.525B
YoY Change 97.26% 267.41% -65.14%
Gross Profit $702.0M $653.0M $700.0M
YoY Change -3.31% -6.71% -30.62%
Gross Profit Margin 6.51% 6.58% 21.71%
Selling, General & Admin $66.00M $71.00M $74.00M
YoY Change 6.45% -4.05% -82.38%
% of Gross Profit 9.4% 10.87% 10.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $179.0M $197.0M $166.0M
YoY Change 11.18% 18.67% 12.16%
% of Gross Profit 25.5% 30.17% 23.71%
Operating Expenses $519.0M $520.0M $493.0M
YoY Change 8.81% 5.48% -13.2%
Operating Profit -$40.00M -$239.0M $208.0M
YoY Change -115.94% -214.9% -53.67%
Interest Expense $106.0M $107.0M $108.0M
YoY Change -6.19% -0.93% 4.85%
% of Operating Profit 51.92%
Other Income/Expense, Net -$10.00M $84.00M $18.00M
YoY Change -300.0% 366.67% -400.0%
Pretax Income -$87.00M -$229.0M $130.0M
YoY Change -161.7% -276.15% -69.27%
Income Tax -$37.00M -$17.00M -$7.000M
% Of Pretax Income -5.38%
Net Earnings -$24.00M -$69.00M $16.00M
YoY Change -241.18% -531.25% -75.76%
Net Earnings / Revenue -0.22% -0.69% 0.5%
Basic Earnings Per Share
Diluted Earnings Per Share -$123.7K -$355.7K $86.96K
COMMON SHARES
Basic Shares Outstanding 194.1M shares 194.1M shares 184.2M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q3 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $194.0M $26.00M $42.00M
YoY Change 618.52% -38.1% -90.19%
Cash & Equivalents $194.0M $26.00M $42.00M
Short-Term Investments
Other Short-Term Assets $234.0M $1.073B $476.0M
YoY Change -55.26% 125.42% 11.21%
Inventory $681.0M $675.0M $662.0M
Prepaid Expenses
Receivables $3.765B $3.897B $1.919B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.877B $5.678B $3.163B
YoY Change 43.15% 79.51% -26.29%
LONG-TERM ASSETS
Property, Plant & Equipment $13.09B $13.46B $14.61B
YoY Change -10.51% -7.89% -3.59%
Goodwill $0.00
YoY Change -100.0%
Intangibles
YoY Change
Long-Term Investments $3.710B $3.745B $3.781B
YoY Change -0.88% -0.95% 11.96%
Other Assets $1.031B $1.054B $990.0M
YoY Change 3.41% 6.46% 13.14%
Total Long-Term Assets $20.75B $21.13B $22.33B
YoY Change -6.89% -5.34% -9.76%
TOTAL ASSETS
Total Short-Term Assets $4.877B $5.678B $3.163B
Total Long-Term Assets $20.75B $21.13B $22.33B
Total Assets $25.63B $26.81B $25.49B
YoY Change -0.26% 5.19% -12.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.877B $4.113B $2.138B
YoY Change 86.13% 92.38% -29.88%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $808.0M $1.456B $729.0M
YoY Change 2.28% 99.73% 55.11%
Total Short-Term Liabilities $5.399B $6.163B $3.634B
YoY Change 41.89% 69.59% -15.51%
LONG-TERM LIABILITIES
Long-Term Debt $8.388B $8.389B $9.393B
YoY Change -10.59% -10.69% 2.36%
Other Long-Term Liabilities $789.0M $910.0M $853.0M
YoY Change -9.62% 6.68% -29.74%
Total Long-Term Liabilities $9.503B $9.588B $10.60B
YoY Change -10.27% -9.56% 2.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.399B $6.163B $3.634B
Total Long-Term Liabilities $9.503B $9.588B $10.60B
Total Liabilities $14.90B $15.75B $14.24B
YoY Change 3.51% 10.64% -3.1%
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 $1.352B $1.421B $1.465B
YoY Change
Total Liabilities & Shareholders Equity $25.63B $26.81B $25.49B
YoY Change -0.26% 5.19% -12.21%

Cashflow Statement

Concept 2021 Q3 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income -$24.00M -$69.00M $16.00M
YoY Change -241.18% -531.25% -75.76%
Depreciation, Depletion And Amortization $179.0M $197.0M $166.0M
YoY Change 11.18% 18.67% 12.16%
Cash From Operating Activities $335.0M $234.0M $83.00M
YoY Change 19.22% 181.93% -80.96%
INVESTING ACTIVITIES
Capital Expenditures -$75.00M -$85.00M -$234.0M
YoY Change -44.85% -63.68% -36.76%
Acquisitions
YoY Change
Other Investing Activities $836.0M -$90.00M -$14.00M
YoY Change -1261.11% 542.86% -92.18%
Cash From Investing Activities $761.0M -$175.0M -$248.0M
YoY Change -465.87% -29.44% -54.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -932.0M -86.00M 108.0M
YoY Change 611.45% -179.63% -2.7%
NET CHANGE
Cash From Operating Activities 335.0M 234.0M 83.00M
Cash From Investing Activities 761.0M -175.0M -248.0M
Cash From Financing Activities -932.0M -86.00M 108.0M
Net Change In Cash 164.0M -27.00M -57.00M
YoY Change -382.76% -52.63% 2750.0%
FREE CASH FLOW
Cash From Operating Activities $335.0M $234.0M $83.00M
Capital Expenditures -$75.00M -$85.00M -$234.0M
Free Cash Flow $410.0M $319.0M $317.0M
YoY Change -1.68% 0.63% -60.67%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Registrant Name
EntityRegistrantName
PLAINS GP HOLDINGS LP
dei Entity Central Index Key
EntityCentralIndexKey
0001581990
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2021-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity Shell Company
EntityShellCompany
false
dei Entity File Number
EntityFileNumber
1-36132
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
90-1005472
dei Entity Address Address Line1
EntityAddressAddressLine1
333 Clay Street
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 1600
dei Entity Address City Or Town
EntityAddressCityOrTown
Houston
dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
77002
dei City Area Code
CityAreaCode
713
dei Local Phone Number
LocalPhoneNumber
646-4100
dei Security12b Title
Security12bTitle
Class A Shares
dei Trading Symbol
TradingSymbol
PAGP
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2021Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
194123869 shares
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
26000000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25000000 USD
CY2021Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
7000000 USD
CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
38000000 USD
CY2021Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
3897000000 USD
CY2020Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
2553000000 USD
CY2021Q2 us-gaap Inventory Net
InventoryNet
675000000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
647000000 USD
CY2021Q2 us-gaap Other Assets Current
OtherAssetsCurrent
1073000000 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
405000000 USD
CY2021Q2 us-gaap Assets Current
AssetsCurrent
5678000000 USD
CY2020Q4 us-gaap Assets Current
AssetsCurrent
3668000000 USD
CY2021Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
17577000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
18620000000 USD
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4119000000 USD
CY2020Q2 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
1000000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4000000000 USD
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13458000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14620000000 USD
CY2021Q2 us-gaap Equity Method Investments
EquityMethodInvestments
3745000000 USD
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
3764000000 USD
CY2021Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1414000000 USD
CY2020Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1444000000 USD
CY2021Q2 pagp Linefill And Base Gas
LinefillAndBaseGas
909000000 USD
CY2020Q4 pagp Linefill And Base Gas
LinefillAndBaseGas
982000000 USD
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
344000000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
378000000 USD
CY2021Q2 us-gaap Inventory Noncurrent
InventoryNoncurrent
210000000 USD
CY2020Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
130000000 USD
CY2021Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1054000000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
965000000 USD
CY2021Q2 us-gaap Assets
Assets
26812000000 USD
CY2020Q4 us-gaap Assets
Assets
25951000000 USD
CY2021Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
4113000000 USD
CY2020Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
2425000000 USD
CY2021Q2 us-gaap Debt Current
DebtCurrent
1456000000 USD
CY2020Q4 us-gaap Debt Current
DebtCurrent
831000000 USD
CY2021Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
594000000 USD
CY2020Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
999000000 USD
CY2021Q2 us-gaap Liabilities Current
LiabilitiesCurrent
6163000000 USD
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4255000000 USD
CY2021Q2 us-gaap Senior Long Term Notes
SeniorLongTermNotes
8326000000 USD
CY2020Q4 us-gaap Senior Long Term Notes
SeniorLongTermNotes
9071000000 USD
CY2021Q2 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
63000000 USD
CY2020Q4 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
311000000 USD
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
289000000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
317000000 USD
CY2021Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
910000000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
807000000 USD
CY2021Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
9588000000 USD
CY2020Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
10506000000 USD
CY2021Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2021Q2 us-gaap Partners Capital Attributable To Noncontrolling Interest
PartnersCapitalAttributableToNoncontrollingInterest
9640000000 USD
CY2020Q4 us-gaap Partners Capital Attributable To Noncontrolling Interest
PartnersCapitalAttributableToNoncontrollingInterest
9726000000 USD
CY2021Q2 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
11061000000 USD
CY2020Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
11190000000 USD
CY2021Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
26812000000 USD
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
25951000000 USD
CY2021Q2 us-gaap Revenues
Revenues
9930000000 USD
CY2020Q2 us-gaap Revenues
Revenues
3225000000 USD
us-gaap Revenues
Revenues
18313000000 USD
us-gaap Revenues
Revenues
11494000000 USD
CY2021Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
9277000000 USD
CY2020Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2525000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
16669000000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
9893000000 USD
CY2021Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
252000000 USD
CY2020Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
253000000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
471000000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
557000000 USD
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
74000000 USD
CY2020Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
74000000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
142000000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
144000000 USD
CY2021Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
197000000 USD
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
166000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
375000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
335000000 USD
CY2021Q2 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-369000000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-370000000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-618000000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
2515000000 USD
CY2021Q2 us-gaap Costs And Expenses
CostsAndExpenses
10169000000 USD
CY2020Q2 us-gaap Costs And Expenses
CostsAndExpenses
3017000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
18027000000 USD
us-gaap Costs And Expenses
CostsAndExpenses
14062000000 USD
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-239000000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
208000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
286000000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-2568000000 USD
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
33000000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
81000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
121000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
191000000 USD
CY2020Q2 pagp Gain On Impairment Of Investments In Unconsolidated Entities Net
GainOnImpairmentOfInvestmentsInUnconsolidatedEntitiesNet
-69000000 USD
pagp Gain On Impairment Of Investments In Unconsolidated Entities Net
GainOnImpairmentOfInvestmentsInUnconsolidatedEntitiesNet
-91000000 USD
CY2021Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
5000000 USD
CY2020Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
5000000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
10000000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
11000000 USD
CY2021Q2 us-gaap Interest Expense
InterestExpense
107000000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
108000000 USD
us-gaap Interest Expense
InterestExpense
213000000 USD
us-gaap Interest Expense
InterestExpense
215000000 USD
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
84000000 USD
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
18000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
23000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-13000000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-229000000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
130000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
217000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2696000000 USD
CY2021Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1000000 USD
CY2020Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
15000000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3000000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
22000000 USD
CY2021Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-18000000 USD
CY2020Q2 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-22000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
33000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-162000000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-212000000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
137000000 USD
us-gaap Profit Loss
ProfitLoss
181000000 USD
us-gaap Profit Loss
ProfitLoss
-2556000000 USD
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-143000000 USD
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
121000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
180000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1991000000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-69000000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
16000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1000000 USD
us-gaap Net Income Loss
NetIncomeLoss
-565000000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-212000000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
137000000 USD
us-gaap Profit Loss
ProfitLoss
181000000 USD
us-gaap Profit Loss
ProfitLoss
-2556000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
116000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
108000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-212000000 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-212000000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
253000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
289000000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-2768000000 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-143000000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
207000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
259000000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-2150000000 USD
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-69000000 USD
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
46000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
30000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-618000000 USD
us-gaap Profit Loss
ProfitLoss
181000000 USD
us-gaap Profit Loss
ProfitLoss
-2556000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
375000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
335000000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-370000000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-618000000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
2515000000 USD
us-gaap Inventory Write Down
InventoryWriteDown
232000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
33000000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-162000000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
15000000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-23000000 USD
pagp Net Cash Paid Receivedfor Terminated Hedging Instruments
NetCashPaidReceivedforTerminatedHedgingInstruments
100000000 USD
us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
9000000 USD
us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
17000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
121000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
191000000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
211000000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
236000000 USD
pagp Gain On Impairment Of Investments In Unconsolidated Entities Net
GainOnImpairmentOfInvestmentsInUnconsolidatedEntitiesNet
-91000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-27000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-15000000 USD
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
29000000 USD
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
67000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1023000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
972000000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
32000000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
308000000 USD
pagp Capital Contributions To Equity Method Investees
CapitalContributionsToEquityMethodInvestees
71000000 USD
pagp Capital Contributions To Equity Method Investees
CapitalContributionsToEquityMethodInvestees
314000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
182000000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
472000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
22000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
245000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
20000000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
9000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-283000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-858000000 USD
us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
-159000000 USD
us-gaap Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
-93000000 USD
pagp Net Proceeds From Repayments Of Hedged Inventory Facility
NetProceedsFromRepaymentsOfHedgedInventoryFacility
-167000000 USD
pagp Net Proceeds From Repayments Of Hedged Inventory Facility
NetProceedsFromRepaymentsOfHedgedInventoryFacility
-325000000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
748000000 USD
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
17000000 USD
us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
70000000 USD
us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
99000000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
53000000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
295000000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
397000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-28000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
100000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-772000000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-83000000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2000000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-9000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-30000000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
22000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
63000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
84000000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33000000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
106000000 USD
us-gaap Interest Paid Net
InterestPaidNet
202000000 USD
us-gaap Interest Paid Net
InterestPaidNet
213000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
27000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
51000000 USD
CY2020Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
11190000000 USD
us-gaap Profit Loss
ProfitLoss
181000000 USD
us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
365000000 USD
pagp Partners Capital Deferred Tax Asset
PartnersCapitalDeferredTaxAsset
-7000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
108000000 USD
us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Repurchase Of Shares By Subsidiary
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRepurchaseOfSharesBySubsidiary
53000000 USD
us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
1000000 USD
us-gaap Partners Capital Other
PartnersCapitalOther
6000000 USD
CY2021Q2 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
11061000000 USD
CY2021Q1 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
11499000000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-212000000 USD
CY2021Q2 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
179000000 USD
CY2021Q2 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Repurchase Of Shares By Subsidiary
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesRepurchaseOfSharesBySubsidiary
50000000 USD
CY2021Q2 us-gaap Partners Capital Other
PartnersCapitalOther
3000000 USD
CY2021Q2 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
11061000000 USD
CY2019Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
14485000000 USD
us-gaap Profit Loss
ProfitLoss
-2556000000 USD
us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
496000000 USD
pagp Partners Capital Deferred Tax Asset
PartnersCapitalDeferredTaxAsset
13000000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-212000000 USD
us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
10000000 USD
us-gaap Partners Capital Other
PartnersCapitalOther
9000000 USD
CY2020Q2 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
11253000000 USD
CY2020Q1 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
11186000000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
137000000 USD
CY2020Q2 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
184000000 USD
CY2020Q2 pagp Partners Capital Deferred Tax Asset
PartnersCapitalDeferredTaxAsset
-7000000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
116000000 USD
CY2020Q2 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
2000000 USD
CY2020Q2 us-gaap Partners Capital Other
PartnersCapitalOther
3000000 USD
CY2020Q2 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
11253000000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
26000000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25000000 USD
CY2021Q2 us-gaap Restricted Cash Current
RestrictedCashCurrent
7000000 USD
CY2020Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
38000000 USD
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
63000000 USD
CY2021Q2 us-gaap Revenues
Revenues
9930000000 USD
CY2020Q2 us-gaap Revenues
Revenues
3225000000 USD
us-gaap Revenues
Revenues
18313000000 USD
us-gaap Revenues
Revenues
11494000000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
501000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
384000000 USD
pagp Contractwith Customer Liability Additions
ContractwithCustomerLiabilityAdditions
22000000 USD
CY2021Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
139000000 USD
CY2021Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
231000000 USD
CY2021Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
397000000 USD
CY2021Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
329000000 USD
CY2021Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
269000000 USD
CY2021Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
186000000 USD
CY2021Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
690000000 USD
us-gaap Revenue Performance Obligation Description Of Payment Terms
RevenuePerformanceObligationDescriptionOfPaymentTerms
30 days
us-gaap Revenue Performance Obligation Description Of Payment Terms
RevenuePerformanceObligationDescriptionOfPaymentTerms
30 days
pagp Trade Accounts Receivable Net Disclosure Of Maximum Age Of Balances Past Invoice Date
TradeAccountsReceivableNetDisclosureOfMaximumAgeOfBalancesPastInvoiceDate
P30D
CY2020 pagp Trade Accounts Receivable Net Disclosure Of Maximum Age Of Balances Past Invoice Date
TradeAccountsReceivableNetDisclosureOfMaximumAgeOfBalancesPastInvoiceDate
P30D
CY2021Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
3177000000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
2317000000 USD
CY2021Q2 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
4807000000 USD
CY2020Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
2818000000 USD
CY2021Q2 pagp Contract With Customer Contractual Rights Of Offset With Counterparties
ContractWithCustomerContractualRightsOfOffsetWithCounterparties
4087000000 USD
CY2020Q4 pagp Contract With Customer Contractual Rights Of Offset With Counterparties
ContractWithCustomerContractualRightsOfOffsetWithCounterparties
2582000000 USD
CY2021Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
3897000000 USD
CY2020Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
2553000000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-69000000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
16000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1000000 USD
us-gaap Net Income Loss
NetIncomeLoss
-565000000 USD
CY2021Q2 us-gaap Inventory Net
InventoryNet
675000000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
647000000 USD
CY2021Q2 pagp Linefill And Base Gas
LinefillAndBaseGas
909000000 USD
CY2020Q4 pagp Linefill And Base Gas
LinefillAndBaseGas
982000000 USD
CY2021Q2 us-gaap Inventory Noncurrent
InventoryNoncurrent
210000000 USD
CY2020Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
130000000 USD
CY2021Q2 pagp Inventory Current And Noncurrent
InventoryCurrentAndNoncurrent
1794000000 USD
CY2020Q4 pagp Inventory Current And Noncurrent
InventoryCurrentAndNoncurrent
1759000000 USD
CY2021Q2 us-gaap Debt Current
DebtCurrent
1456000000 USD
CY2020Q4 us-gaap Debt Current
DebtCurrent
831000000 USD
CY2021Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
8389000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
9382000000 USD
CY2021Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
9845000000 USD
CY2020Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
10213000000 USD
CY2021Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
81000000 USD
CY2020Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
129000000 USD
CY2021Q2 pagp Initial Margin
InitialMargin
78000000 USD
CY2020Q4 pagp Initial Margin
InitialMargin
91000000 USD
CY2021Q2 pagp Variation Margin Posted Returned
VariationMarginPostedReturned
369000000 USD
CY2020Q4 pagp Variation Margin Posted Returned
VariationMarginPostedReturned
290000000 USD
CY2021Q2 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
407000000 USD
CY2020Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
318000000 USD
CY2021Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
10000000 USD
CY2020Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
10000000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
17000000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
33000000 USD
CY2021Q2 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
95000000 USD
CY2020Q2 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
94000000 USD
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
185000000 USD
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
223000000 USD
CY2021Q2 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
29000000 USD
CY2020Q4 us-gaap Due From Related Parties Current
DueFromRelatedPartiesCurrent
34000000 USD
CY2021Q2 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
80000000 USD
CY2020Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
88000000 USD
CY2021Q2 us-gaap Accrual For Environmental Loss Contingencies Gross
AccrualForEnvironmentalLossContingenciesGross
159000000 USD
CY2020Q4 us-gaap Accrual For Environmental Loss Contingencies Gross
AccrualForEnvironmentalLossContingenciesGross
141000000 USD
CY2021Q2 us-gaap Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
114000000 USD
CY2020Q4 us-gaap Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
97000000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2021Q2 us-gaap Revenues
Revenues
9930000000 USD
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
33000000 USD
CY2021Q2 pagp Segment Adjusted Ebitda
SegmentAdjustedEBITDA
578000000 USD
CY2021Q2 pagp Maintenance Capital
MaintenanceCapital
37000000 USD
CY2020Q2 us-gaap Revenues
Revenues
3225000000 USD
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
81000000 USD
CY2020Q2 pagp Segment Adjusted Ebitda
SegmentAdjustedEBITDA
523000000 USD
CY2020Q2 pagp Maintenance Capital
MaintenanceCapital
54000000 USD
us-gaap Revenues
Revenues
18313000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
121000000 USD
pagp Segment Adjusted Ebitda
SegmentAdjustedEBITDA
1124000000 USD
pagp Maintenance Capital
MaintenanceCapital
73000000 USD
us-gaap Revenues
Revenues
11494000000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
191000000 USD
pagp Segment Adjusted Ebitda
SegmentAdjustedEBITDA
1316000000 USD
pagp Maintenance Capital
MaintenanceCapital
104000000 USD
CY2021Q2 pagp Segment Adjusted Ebitda
SegmentAdjustedEBITDA
578000000 USD
CY2020Q2 pagp Segment Adjusted Ebitda
SegmentAdjustedEBITDA
523000000 USD
pagp Segment Adjusted Ebitda
SegmentAdjustedEBITDA
1124000000 USD
pagp Segment Adjusted Ebitda
SegmentAdjustedEBITDA
1316000000 USD
CY2021Q2 pagp Depreciation And Amortization Of Unconsolidated Entities
DepreciationAndAmortizationOfUnconsolidatedEntities
68000000 USD
CY2020Q2 pagp Depreciation And Amortization Of Unconsolidated Entities
DepreciationAndAmortizationOfUnconsolidatedEntities
16000000 USD
pagp Depreciation And Amortization Of Unconsolidated Entities
DepreciationAndAmortizationOfUnconsolidatedEntities
88000000 USD
pagp Depreciation And Amortization Of Unconsolidated Entities
DepreciationAndAmortizationOfUnconsolidatedEntities
33000000 USD
CY2021Q2 pagp Gains Losses From Derivative Activities And Inventory Valuation Adjustments
GainsLossesFromDerivativeActivitiesAndInventoryValuationAdjustments
-163000000 USD
CY2020Q2 pagp Gains Losses From Derivative Activities And Inventory Valuation Adjustments
GainsLossesFromDerivativeActivitiesAndInventoryValuationAdjustments
-90000000 USD
pagp Gains Losses From Derivative Activities And Inventory Valuation Adjustments
GainsLossesFromDerivativeActivitiesAndInventoryValuationAdjustments
35000000 USD
pagp Gains Losses From Derivative Activities And Inventory Valuation Adjustments
GainsLossesFromDerivativeActivitiesAndInventoryValuationAdjustments
-121000000 USD
CY2021Q2 pagp Long Term Inventory Costing Adjustments
LongTermInventoryCostingAdjustments
-27000000 USD
CY2020Q2 pagp Long Term Inventory Costing Adjustments
LongTermInventoryCostingAdjustments
-51000000 USD
pagp Long Term Inventory Costing Adjustments
LongTermInventoryCostingAdjustments
-68000000 USD
pagp Long Term Inventory Costing Adjustments
LongTermInventoryCostingAdjustments
64000000 USD
CY2021Q2 pagp Deficiencies Under Minimum Volume Commitments Net
DeficienciesUnderMinimumVolumeCommitmentsNet
6000000 USD
CY2020Q2 pagp Deficiencies Under Minimum Volume Commitments Net
DeficienciesUnderMinimumVolumeCommitmentsNet
7000000 USD
pagp Deficiencies Under Minimum Volume Commitments Net
DeficienciesUnderMinimumVolumeCommitmentsNet
-26000000 USD
pagp Deficiencies Under Minimum Volume Commitments Net
DeficienciesUnderMinimumVolumeCommitmentsNet
6000000 USD
CY2021Q2 pagp Equity Indexed Compensation Expense Awards That Will Be Settled In Units
EquityIndexedCompensationExpenseAwardsThatWillBeSettledInUnits
4000000 USD
CY2020Q2 pagp Equity Indexed Compensation Expense Awards That Will Be Settled In Units
EquityIndexedCompensationExpenseAwardsThatWillBeSettledInUnits
5000000 USD
pagp Equity Indexed Compensation Expense Awards That Will Be Settled In Units
EquityIndexedCompensationExpenseAwardsThatWillBeSettledInUnits
9000000 USD
pagp Equity Indexed Compensation Expense Awards That Will Be Settled In Units
EquityIndexedCompensationExpenseAwardsThatWillBeSettledInUnits
8000000 USD
CY2021Q2 pagp Net Gain Loss On Foreign Currency Revaluation
NetGainLossOnForeignCurrencyRevaluation
1000000 USD
pagp Net Gain Loss On Foreign Currency Revaluation
NetGainLossOnForeignCurrencyRevaluation
2000000 USD
pagp Net Gain Loss On Foreign Currency Revaluation
NetGainLossOnForeignCurrencyRevaluation
13000000 USD
CY2021Q2 pagp Significant Transaction Related Expenses
SignificantTransactionRelatedExpenses
3000000 USD
pagp Significant Transaction Related Expenses
SignificantTransactionRelatedExpenses
3000000 USD
pagp Significant Transaction Related Expenses
SignificantTransactionRelatedExpenses
3000000 USD
CY2021Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
197000000 USD
CY2020Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
166000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
375000000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
335000000 USD
CY2021Q2 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-369000000 USD
CY2020Q2 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
-370000000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-618000000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
2515000000 USD
CY2020Q2 pagp Gain On Impairment Of Investments In Unconsolidated Entities Net
GainOnImpairmentOfInvestmentsInUnconsolidatedEntitiesNet
-69000000 USD
pagp Gain On Impairment Of Investments In Unconsolidated Entities Net
GainOnImpairmentOfInvestmentsInUnconsolidatedEntitiesNet
-91000000 USD
CY2021Q2 us-gaap Interest Expense
InterestExpense
107000000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
108000000 USD
us-gaap Interest Expense
InterestExpense
213000000 USD
us-gaap Interest Expense
InterestExpense
215000000 USD
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
84000000 USD
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
18000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
23000000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-13000000 USD
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-229000000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
130000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
217000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2696000000 USD
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-17000000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
36000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-140000000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-212000000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
137000000 USD
us-gaap Profit Loss
ProfitLoss
181000000 USD
us-gaap Profit Loss
ProfitLoss
-2556000000 USD
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-143000000 USD
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
121000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
180000000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1991000000 USD
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-69000000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
16000000 USD
us-gaap Net Income Loss
NetIncomeLoss
1000000 USD
us-gaap Net Income Loss
NetIncomeLoss
-565000000 USD

Files In Submission

Name View Source Status
0001581990-21-000021-index-headers.html Edgar Link pending
0001581990-21-000021-index.html Edgar Link pending
0001581990-21-000021.txt Edgar Link pending
0001581990-21-000021-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
pagp-20210630.htm Edgar Link pending
pagp-20210630.xsd Edgar Link pending
pagp-20210630_cal.xml Edgar Link unprocessable
pagp-20210630_def.xml Edgar Link unprocessable
pagp-20210630_htm.xml Edgar Link completed
pagp-20210630_lab.xml Edgar Link unprocessable
pagp-20210630_pre.xml Edgar Link unprocessable
pagpq22021exhibit311.htm Edgar Link pending
pagpq22021exhibit312.htm Edgar Link pending
pagpq22021exhibit321.htm Edgar Link pending
pagpq22021exhibit322.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending