2024 Q2 Form 10-Q Financial Statement
#000155227524000056 Filed on August 08, 2024
Income Statement
Concept | 2024 Q2 | 2023 Q4 |
---|---|---|
Revenue | $6.174B | $5.641B |
YoY Change | 7.47% | -4.68% |
Cost Of Revenue | $5.609B | $5.492B |
YoY Change | 3.28% | -2.74% |
Gross Profit | $565.0M | $149.0M |
YoY Change | 79.94% | -45.02% |
Gross Profit Margin | 9.15% | 2.64% |
Selling, General & Admin | $151.0M | $51.00M |
YoY Change | 202.0% | 2.0% |
% of Gross Profit | 26.73% | 34.23% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $78.00M | $46.00M |
YoY Change | 59.18% | 9.52% |
% of Gross Profit | 13.81% | 30.87% |
Operating Expenses | $363.0M | $191.0M |
YoY Change | 95.16% | 6.11% |
Operating Profit | $150.0M | -$42.00M |
YoY Change | 17.19% | -146.15% |
Interest Expense | $95.00M | -$54.00M |
YoY Change | -282.69% | 17.39% |
% of Operating Profit | 63.33% | |
Other Income/Expense, Net | -$3.000M | $0.00 |
YoY Change | -142.86% | -100.0% |
Pretax Income | $650.0M | -$97.00M |
YoY Change | 577.08% | -290.2% |
Income Tax | $149.0M | $9.000M |
% Of Pretax Income | 22.92% | |
Net Earnings | $493.0M | -$126.0M |
YoY Change | 646.97% | -450.0% |
Net Earnings / Revenue | 7.99% | -2.23% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | $3.85 | -$1.50 |
COMMON SHARES | ||
Basic Shares Outstanding | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q2 | 2023 Q4 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $226.0M | $29.00M |
YoY Change | -5.44% | -64.63% |
Cash & Equivalents | $226.0M | $29.00M |
Short-Term Investments | ||
Other Short-Term Assets | $127.0M | $133.0M |
YoY Change | -11.81% | -24.0% |
Inventory | $1.040B | $889.0M |
Prepaid Expenses | ||
Receivables | $1.018B | $856.0M |
Other Receivables | $279.0M | $154.0M |
Total Short-Term Assets | $2.444B | $1.927B |
YoY Change | 30.84% | -2.82% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $8.846B | $1.836B |
YoY Change | 275.95% | 4.32% |
Goodwill | $1.484B | $1.599B |
YoY Change | -7.19% | -0.12% |
Intangibles | $716.0M | $544.0M |
YoY Change | 26.95% | -7.48% |
Long-Term Investments | $124.0M | $124.0M |
YoY Change | -2.36% | -3.88% |
Other Assets | $372.0M | $290.0M |
YoY Change | 37.27% | 22.88% |
Total Long-Term Assets | $12.02B | $4.899B |
YoY Change | 144.63% | 1.07% |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.444B | $1.927B |
Total Long-Term Assets | $12.02B | $4.899B |
Total Assets | $14.47B | $6.826B |
YoY Change | 113.29% | -0.06% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.104B | $828.0M |
YoY Change | 29.58% | -14.29% |
Accrued Expenses | $613.0M | $353.0M |
YoY Change | 78.72% | 13.87% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $76.00M | $0.00 |
YoY Change | ||
Total Short-Term Liabilities | $1.939B | $1.373B |
YoY Change | 59.33% | -2.35% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $7.304B | $3.580B |
YoY Change | 99.4% | 0.25% |
Other Long-Term Liabilities | $193.0M | $116.0M |
YoY Change | -74.09% | 4.5% |
Total Long-Term Liabilities | $193.0M | $116.0M |
YoY Change | -95.62% | 4.5% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.939B | $1.373B |
Total Long-Term Liabilities | $193.0M | $116.0M |
Total Liabilities | $10.14B | $5.848B |
YoY Change | 75.26% | -0.68% |
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 | $4.330B | $978.0M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $14.47B | $6.826B |
YoY Change | 113.29% | -0.06% |
Cashflow Statement
Concept | 2024 Q2 | 2023 Q4 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $493.0M | -$126.0M |
YoY Change | 646.97% | -450.0% |
Depreciation, Depletion And Amortization | $78.00M | $46.00M |
YoY Change | 59.18% | 9.52% |
Cash From Operating Activities | -$70.00M | $184.0M |
YoY Change | -176.92% | -332.91% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $70.00M | $83.00M |
YoY Change | 40.0% | -6.74% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $1.020B | $8.000M |
YoY Change | -1246.07% | -116.33% |
Cash From Investing Activities | $950.0M | -$75.00M |
YoY Change | -783.45% | -45.65% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -869.0M | -336.0M |
YoY Change | -986.73% | -426.21% |
NET CHANGE | ||
Cash From Operating Activities | -70.00M | 184.0M |
Cash From Investing Activities | 950.0M | -75.00M |
Cash From Financing Activities | -869.0M | -336.0M |
Net Change In Cash | 11.00M | -227.0M |
YoY Change | -78.0% | 99.12% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$70.00M | $184.0M |
Capital Expenditures | $70.00M | $83.00M |
Free Cash Flow | -$140.0M | $101.0M |
YoY Change | -441.46% | -160.12% |
Facts In Submission
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111000000 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
-27000000 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | usd | |
us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
4000000 | usd | |
us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
5000000 | usd | |
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
990000000 | usd | |
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
0 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
2000000 | usd | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
21000000 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
0 | usd | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-2000000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
727000000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-170000000 | usd | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
1500000000 | usd | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
405000000 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
0 | usd | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
1241000000 | usd | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
1555000000 | usd | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
2022000000 | usd | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
1465000000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
19000000 | usd | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | usd | |
us-gaap |
Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
|
784000000 | usd | |
us-gaap |
Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
|
0 | usd | |
us-gaap |
Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
249000000 | usd | |
us-gaap |
Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
180000000 | usd | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
8000000 | usd | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-746000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-90000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
197000000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
157000000 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
29000000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
82000000 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
226000000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
239000000 | usd |
us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
1000000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
1000000 | usd | |
CY2024Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
9000000 | usd |
CY2024Q2 | us-gaap |
Excise And Sales Taxes
ExciseAndSalesTaxes
|
41000000 | usd |
CY2023Q2 | us-gaap |
Excise And Sales Taxes
ExciseAndSalesTaxes
|
71000000 | usd |
us-gaap |
Excise And Sales Taxes
ExciseAndSalesTaxes
|
100000000 | usd | |
us-gaap |
Excise And Sales Taxes
ExciseAndSalesTaxes
|
136000000 | usd | |
CY2024Q2 | us-gaap |
Proceeds From Repurchase Of Redeemable Preferred Stock
ProceedsFromRepurchaseOfRedeemablePreferredStock
|
-784000000 | usd |
CY2024Q2 | us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
403000000 | usd |
CY2024Q2 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
455000000 | usd |
CY2024Q2 | us-gaap |
Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
|
269400000 | usd |
CY2024Q2 | us-gaap |
Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
|
14500000 | usd |
us-gaap |
Payments For Merger Related Costs
PaymentsForMergerRelatedCosts
|
83000000 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
598000000 | usd | |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1000000 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
1000000 | usd |
CY2024Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1018000000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
856000000 | usd |
CY2024Q2 | us-gaap |
Inventory Adjustments
InventoryAdjustments
|
132000000 | usd |
CY2023Q4 | us-gaap |
Inventory Adjustments
InventoryAdjustments
|
230000000 | usd |
CY2024Q2 | us-gaap |
Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
|
32000000 | usd |
CY2023Q2 | us-gaap |
Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
|
57000000 | usd |
us-gaap |
Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
|
-98000000 | usd | |
us-gaap |
Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
|
28000000 | usd | |
CY2024Q2 | us-gaap |
Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
|
1025000000 | usd |
CY2023Q4 | us-gaap |
Inventory Crude Oil Products And Merchandise
InventoryCrudeOilProductsAndMerchandise
|
876000000 | usd |
CY2024Q2 | us-gaap |
Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
|
15000000 | usd |
CY2023Q4 | us-gaap |
Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
|
13000000 | usd |
CY2024Q2 | us-gaap |
Inventory Net
InventoryNet
|
1040000000 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
889000000 | usd |
CY2024Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
38000000 | usd |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
38000000 | usd |
CY2024Q2 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
326000000 | usd |
CY2023Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
182000000 | usd |
CY2024Q2 | us-gaap |
Accrued Insurance Current
AccruedInsuranceCurrent
|
30000000 | usd |
CY2023Q4 | us-gaap |
Accrued Insurance Current
AccruedInsuranceCurrent
|
30000000 | usd |
CY2024Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
82000000 | usd |
CY2023Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
41000000 | usd |
CY2024Q2 | us-gaap |
Deposit Liability Current
DepositLiabilityCurrent
|
23000000 | usd |
CY2023Q4 | us-gaap |
Deposit Liability Current
DepositLiabilityCurrent
|
23000000 | usd |
CY2024Q2 | us-gaap |
Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
|
10000000 | usd |
CY2023Q4 | us-gaap |
Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
|
6000000 | usd |
CY2024Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
32000000 | usd |
CY2023Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
0 | usd |
CY2024Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
72000000 | usd |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
33000000 | usd |
CY2024Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
613000000 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
150000000 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
94000000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
14000000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
0 | usd |
CY2024Q2 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
41000000 | usd |
CY2023Q4 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
25000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
|
7380000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
|
3580000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
76000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
0 | usd |
CY2024Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
7304000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
3580000000 | usd |
CY2024Q2 | us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
403000000 | usd |
CY2024Q2 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
455000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
7350000000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
|
7380000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
3500000000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
3580000000 | usd |
CY2024Q2 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
94000000 | usd |
CY2023Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
84000000 | usd |
CY2024Q2 | us-gaap |
Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
|
16000000 | usd |
CY2023Q4 | us-gaap |
Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
|
12000000 | usd |
CY2024Q2 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
83000000 | usd |
CY2023Q4 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
20000000 | usd |
CY2024Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
193000000 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
116000000 | usd |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
6174000000 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
5745000000 | usd |
us-gaap |
Revenues
Revenues
|
11673000000 | usd | |
us-gaap |
Revenues
Revenues
|
11107000000 | usd | |
CY2024Q2 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
273000000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
256000000 | usd |
CY2024Q2 | us-gaap |
Receivables From Customers
ReceivablesFromCustomers
|
879000000 | usd |
CY2023Q4 | us-gaap |
Receivables From Customers
ReceivablesFromCustomers
|
809000000 | usd |
CY2024Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
81000000 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
0 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
0 | usd |
us-gaap |
Deferred Revenue Additions
DeferredRevenueAdditions
|
19000000 | usd | |
us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
19000000 | usd | |
CY2024Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
81000000 | usd |
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Year1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionYear1
|
2024 | |
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
207000000 | usd |
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Year1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionYear1
|
2025 | |
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
299000000 | usd |
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Year1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionYear1
|
2026 | |
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
232000000 | usd |
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Year1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionYear1
|
2027 | |
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
159000000 | usd |
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Year1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionYear1
|
2028 | |
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
123000000 | usd |
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
268000000 | usd |
CY2024Q2 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
1288000000 | usd |
CY2024Q2 | us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
9000000 | usd |
CY2023Q2 | us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
7000000 | usd |
us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
17000000 | usd | |
us-gaap |
Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
|
13000000 | usd | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | rate | |
CY2024Q2 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
136000000 | usd |
CY2023Q2 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
20000000 | usd |
us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
186000000 | usd | |
us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
51000000 | usd | |
CY2024Q2 | us-gaap |
Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
|
15000000 | usd |
CY2023Q2 | us-gaap |
Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
|
13000000 | usd |
us-gaap |
Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
|
60000000 | usd | |
us-gaap |
Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
|
39000000 | usd | |
CY2024Q2 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
29000000 | usd |
CY2023Q2 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
2000000 | usd |
us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
30000000 | usd | |
us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
4000000 | usd | |
CY2024Q2 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-1000000 | usd |
CY2023Q2 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
0 | usd |
us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
0 | usd | |
us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
0 | usd | |
CY2024Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
149000000 | usd |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9000000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
156000000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
16000000 | usd | |
CY2024Q1 | us-gaap |
Distribution Made To Limited Partner Distributions Paid Per Unit
DistributionMadeToLimitedPartnerDistributionsPaidPerUnit
|
0.8420 | |
CY2024Q1 | us-gaap |
Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
71000000 | usd |
CY2024Q2 | us-gaap |
Distribution Made To Limited Partner Distributions Paid Per Unit
DistributionMadeToLimitedPartnerDistributionsPaidPerUnit
|
0.8756 | |
CY2024Q2 | us-gaap |
Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
119000000 | usd |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-1000000 | usd | |
CY2023 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
0 | usd |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
7000000 | usd | |
CY2023 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
0 | usd |
CY2024Q2 | us-gaap |
Aoci Including Portion Attributable To Noncontrolling Interest Tax
AociIncludingPortionAttributableToNoncontrollingInterestTax
|
6000000 | usd |
CY2023Q4 | us-gaap |
Aoci Including Portion Attributable To Noncontrolling Interest Tax
AociIncludingPortionAttributableToNoncontrollingInterestTax
|
0 | usd |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
6174000000 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
5745000000 | usd |
us-gaap |
Revenues
Revenues
|
11673000000 | usd | |
us-gaap |
Revenues
Revenues
|
11107000000 | usd | |
CY2024Q2 | sun |
Adjusted Ebitda
AdjustedEBITDA
|
320000000 | usd |
CY2023Q2 | sun |
Adjusted Ebitda
AdjustedEBITDA
|
250000000 | usd |
sun |
Adjusted Ebitda
AdjustedEBITDA
|
562000000 | usd | |
sun |
Adjusted Ebitda
AdjustedEBITDA
|
471000000 | usd | |
CY2024Q2 | us-gaap |
Profit Loss
ProfitLoss
|
501000000 | usd |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
87000000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
731000000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
228000000 | usd | |
CY2024Q2 | us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
78000000 | usd |
CY2023Q2 | us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
49000000 | usd |
us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
121000000 | usd | |
us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
97000000 | usd | |
CY2024Q2 | us-gaap |
Interest Expense
InterestExpense
|
95000000 | usd |
CY2023Q2 | us-gaap |
Interest Expense
InterestExpense
|
53000000 | usd |
us-gaap |
Interest Expense
InterestExpense
|
158000000 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
106000000 | usd | |
CY2024Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4000000 | usd |
CY2023Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4000000 | usd |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8000000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9000000 | usd | |
CY2024Q2 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
-52000000 | usd |
CY2023Q2 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
13000000 | usd |
us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
-54000000 | usd | |
us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
12000000 | usd | |
CY2024Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-2000000 | usd |
CY2023Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-2000000 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd | |
CY2024Q2 | us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
-6000000 | usd |
CY2023Q2 | us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
1000000 | usd |
us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
7000000 | usd | |
us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
-10000000 | usd | |
CY2024Q2 | us-gaap |
Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
|
32000000 | usd |
CY2023Q2 | us-gaap |
Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
|
57000000 | usd |
us-gaap |
Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
|
-98000000 | usd | |
us-gaap |
Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
|
28000000 | usd | |
CY2024Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
2000000 | usd |
CY2023Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1000000 | usd |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
4000000 | usd | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
3000000 | usd | |
CY2024Q2 | sun |
Adjusted Ebitda Related To Unconsolidated Affiliates
AdjustedEBITDARelatedToUnconsolidatedAffiliates
|
3000000 | usd |
CY2023Q2 | sun |
Adjusted Ebitda Related To Unconsolidated Affiliates
AdjustedEBITDARelatedToUnconsolidatedAffiliates
|
3000000 | usd |
sun |
Adjusted Ebitda Related To Unconsolidated Affiliates
AdjustedEBITDARelatedToUnconsolidatedAffiliates
|
6000000 | usd | |
sun |
Adjusted Ebitda Related To Unconsolidated Affiliates
AdjustedEBITDARelatedToUnconsolidatedAffiliates
|
6000000 | usd | |
CY2024Q2 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
598000000 | usd |
CY2023Q2 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
0 | usd |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
598000000 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
0 | usd | |
CY2024Q2 | sun |
Othernoncashadjustments
Othernoncashadjustments
|
10000000 | usd |
CY2023Q2 | sun |
Othernoncashadjustments
Othernoncashadjustments
|
1000000 | usd |
sun |
Othernoncashadjustments
Othernoncashadjustments
|
19000000 | usd | |
sun |
Othernoncashadjustments
Othernoncashadjustments
|
6000000 | usd | |
CY2024Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
149000000 | usd |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9000000 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
156000000 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
16000000 | usd | |
CY2024Q2 | sun |
Adjusted Ebitda
AdjustedEBITDA
|
320000000 | usd |
CY2023Q2 | sun |
Adjusted Ebitda
AdjustedEBITDA
|
250000000 | usd |
sun |
Adjusted Ebitda
AdjustedEBITDA
|
562000000 | usd | |
sun |
Adjusted Ebitda
AdjustedEBITDA
|
471000000 | usd | |
CY2024Q2 | us-gaap |
Assets
Assets
|
14465000000 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
6826000000 | usd |
CY2024Q2 | us-gaap |
Profit Loss
ProfitLoss
|
501000000 | usd |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
87000000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
731000000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
228000000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
8000000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
8000000 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | usd | |
CY2024Q2 | us-gaap |
Incentive Distribution Distribution Per Year
IncentiveDistributionDistributionPerYear
|
36000000 | usd |
CY2023Q2 | us-gaap |
Incentive Distribution Distribution Per Year
IncentiveDistributionDistributionPerYear
|
20000000 | usd |
us-gaap |
Incentive Distribution Distribution Per Year
IncentiveDistributionDistributionPerYear
|
72000000 | usd | |
us-gaap |
Incentive Distribution Distribution Per Year
IncentiveDistributionDistributionPerYear
|
39000000 | usd | |
CY2024Q2 | us-gaap |
Dividends Share Based Compensation
DividendsShareBasedCompensation
|
2000000 | usd |
CY2023Q2 | us-gaap |
Dividends Share Based Compensation
DividendsShareBasedCompensation
|
1000000 | usd |
us-gaap |
Dividends Share Based Compensation
DividendsShareBasedCompensation
|
3000000 | usd | |
us-gaap |
Dividends Share Based Compensation
DividendsShareBasedCompensation
|
3000000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
3.88 | |
CY2023Q2 | us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
0.79 | |
us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
6.43 | ||
us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
2.21 | ||
CY2024Q2 | us-gaap |
Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
|
3.85 | |
CY2023Q2 | us-gaap |
Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
|
0.78 | |
us-gaap |
Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
|
6.37 | ||
us-gaap |
Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
|
2.19 |