| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 1,765 | 1,386 | ||
| Receivables, less allowance for expected credit loss | 729 | 736 | ||
| Current assets - related parties-Related Party | 854 | 826 | ||
| Inventories | 175 | 192 | ||
| Assets held for sale | 1,034 | - | ||
| Other current assets | 38 | 33 | ||
| Total current assets | 4,595 | 3,173 | ||
| Equity method investments | 4,792 | 5,024 | ||
| Gross pp&e | 31,120 | - | ||
| Accumulated depreciation | 9,772 | - | ||
| Property, plant and equipment, net | 21,348 | 19,191 | ||
| Intangibles, net | 1,443 | 497 | ||
| Goodwill | 8,732 | 7,645 | ||
| Right of use assets, net | 276 | 275 | ||
| Noncurrent assets - related parties-Related Party | 983 | 1,021 | ||
| Other noncurrent assets | 1,058 | 1,015 | ||
| Total assets | 43,227 | 37,841 | ||
| Accounts payable | 131 | 149 | ||
| Accrued liabilities | 261 | 262 | ||
| Other current liabilities-Related Party | 393 | 399 | ||
| Accrued property, plant and equipment | 400 | 253 | ||
| Long-term debt due within one year | 1,501 | 1,500 | ||
| Operating lease liabilities-Related Party | - | 1 | ||
| Accrued interest payable | 273 | 267 | ||
| Operating lease liabilities | 49 | 47 | ||
| Liabilities held for sale | 230 | - | ||
| Other current liabilities-Nonrelated Party | 264 | 192 | ||
| Total current liabilities | 3,502 | 3,069 | ||
| Long-term deferred revenue | 121 | 308 | ||
| Long-term liabilities - related parties-Related Party | 339 | 330 | ||
| Long-term debt | 24,145 | 19,725 | ||
| Deferred income taxes | 20 | 18 | ||
| Long-term operating lease liabilities | 220 | 218 | ||
| Long-term liabilities - related parties-Nonrelated Party | 356 | 124 | ||
| Total liabilities | 28,703 | 23,792 | ||
| Series a preferred units | 0 | 0 | ||
| Limited partners' capital account-Nonrelated Party | 9,513 | 9,402 | ||
| Limited partners' capital account-Related Party | 4,778 | 4,413 | ||
| Accumulated other comprehensive income (loss) | 5 | 5 | ||
| Total mplx lp partners capital | 14,296 | 13,820 | ||
| Noncontrolling interests | 228 | 229 | ||
| Total equity | 14,524 | 14,049 | ||
| Total liabilities, preferred units and equity | 43,227 | 37,841 | ||
MPLX LP (MPLX)
MPLX LP (MPLX)