| Cash Flow | 2025-09-30 |
|---|---|
| Net income | 3,749 |
| Amortization of deferred financing costs and debt discount | 23 |
| Depreciation and amortization | 996 |
| Deferred income taxes | 1 |
| Gain on equity method investments | 484 |
| (gain)/loss on disposal of assets | 1 |
| Income from equity method investments | 542 |
| Distributions from unconsolidated affiliates | 631 |
| Change in fair value of derivatives | 7 |
| Current receivables | -44 |
| Inventories | 19 |
| Current liabilities and other current assets | -38 |
| Assets and liabilities - related parties | -105 |
| Right of use assets and operating lease liabilities | -3 |
| Deferred revenue | -52 |
| All other, net | 4 |
| Net cash provided by operating activities | 4,413 |
| Additions to property, plant and equipment | 1,094 |
| Acquisitions, net of cash acquired | 3,316 |
| Disposal of assets | 1 |
| Investments - acquisitions and contributions | 776 |
| Investments - redemptions, repayments, return of capital and sales proceeds | 143 |
| Payment for (proceeds from) other investing activity | -108 |
| Net cash used in investing activities | -4,934 |
| Long-term debt borrowings | 6,541 |
| Long-term debt - repayments | 2,464 |
| Debt issuance costs | 62 |
| Unit repurchases | 300 |
| Distributions to noncontrolling interests | 33 |
| Distributions to series a preferred unitholders | 6 |
| Distributions to lp unitholders | 2,923 |
| Contributions from mpc | 20 |
| All other, net | -6 |
| Net cash provided by (used in) financing activities | 767 |
| Net change in cash, cash equivalents and restricted cash | 246 |
| Cash and cash equivalents at beginning of period | 1,519 |
| Cash and cash equivalents at end of period | 1,765 |
MPLX LP (MPLXP)
MPLX LP (MPLXP)