For the quarter ending 2026-03-31, MPLX has $42,933M in assets. $28,636M in debts. $1,506M in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,506 | 2,137 | 1,765 | 1,386 |
| Receivables, less allowance for expected credit loss | 769 | 735 | 729 | 736 |
| Current assets - related parties | 1,007 | 899 | 854 | 826 |
| Inventories | 178 | 172 | 175 | 192 |
| Assets held for sale | - | - | 1,034 | - |
| Other current assets | 62 | 51 | 38 | 33 |
| Total current assets | 3,522 | 3,994 | 4,595 | 3,173 |
| Equity method investments | 4,981 | 4,798 | 4,792 | 5,024 |
| Gross pp&e | 32,352 | 31,759 | 31,120 | - |
| Accumulated depreciation | 10,360 | 10,061 | 9,772 | - |
| Property, plant and equipment, net | 21,992 | 21,698 | 21,348 | 19,191 |
| Intangibles, net | 1,359 | 1,397 | 1,443 | 497 |
| Goodwill | 8,736 | 8,755 | 8,732 | 7,645 |
| Right of use assets, net | 268 | 276 | 276 | 275 |
| Noncurrent assets - related parties | 916 | 962 | 983 | 1,021 |
| Other noncurrent assets | 1,159 | 1,125 | 1,058 | 1,015 |
| Total assets | 42,933 | 43,005 | 43,227 | 37,841 |
| Accounts payable | 126 | 108 | 131 | 149 |
| Accrued liabilities | 333 | 254 | 261 | 262 |
| Other current liabilities-Related Party | 455 | 399 | 393 | 399 |
| Accrued property, plant and equipment | 533 | 438 | 400 | 253 |
| Long-term debt due within one year | 1,251 | 1,502 | 1,501 | 1,500 |
| Operating lease liabilities-Related Party | - | - | - | 1 |
| Accrued interest payable | 264 | 354 | 273 | 267 |
| Operating lease liabilities | 53 | - | 49 | 47 |
| Liabilities held for sale | - | - | 230 | - |
| Operating lease liabilities-Nonrelated Party | - | 53 | - | - |
| Other current liabilities-Nonrelated Party | 177 | 141 | 264 | 192 |
| Total current liabilities | 3,192 | 3,249 | 3,502 | 3,069 |
| Long-term deferred revenue | 115 | 119 | 121 | 308 |
| Long-term liabilities - related parties-Related Party | 375 | 364 | 339 | 330 |
| Long-term debt | 24,383 | 24,151 | 24,145 | 19,725 |
| Deferred income taxes | 25 | 25 | 20 | 18 |
| Long-term operating lease liabilities | 208 | 217 | 220 | 218 |
| Long-term operating lease liabilities-Nonrelated Party | - | 217 | - | - |
| Long-term liabilities - related parties-Nonrelated Party | 338 | 352 | 356 | 124 |
| Total liabilities | 28,636 | 28,477 | 28,703 | 23,792 |
| Series a preferred units | - | 0 | 0 | 0 |
| Limited partners' capital account-Nonrelated Party | 9,332 | 9,451 | 9,513 | 9,402 |
| Limited partners' capital account-Related Party | 4,734 | 4,845 | 4,778 | 4,413 |
| Accumulated other comprehensive income | 5 | 5 | 5 | 5 |
| Total mplx lp partners capital | 14,071 | 14,301 | 14,296 | 13,820 |
| Noncontrolling interests | 226 | 227 | 228 | 229 |
| Total equity | 14,297 | 14,528 | 14,524 | 14,049 |
| Total liabilities, preferred units and equity | 42,933 | 43,005 | 43,227 | 37,841 |
MPLX LP (MPLX)
MPLX LP (MPLX)