Sunoco (SUN) 10-Q 5 May 22 2022 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2022	Apr. 29, 2022
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	001-35653
Entity Registrant Name	SUNOCO LP
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	30-0740483
Entity Address, Address Line One	8111 Westchester Drive
Entity Address, Address Line Two	Suite 400
Entity Address, City or Town	Dallas
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75225
City Area Code	214
Local Phone Number	981-0700
Title of 12(b) Security	Common Units Representing Limited Partner Interests
Trading Symbol	SUN
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001552275
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Amendment Flag	false
Common Units [Member]
Document Information [Line Items]
Entity Partnership Units Outstanding		83,757,333
Common Class C [Member]
Document Information [Line Items]
Entity Partnership Units Outstanding		16,410,780

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 104	$ 25
Accounts receivable, net	725	526
Receivables from affiliates	13	12
Inventories, net	704	534
Other current assets	478	95
Total current assets	2,024	1,192
Property and equipment	2,572	2,581
Accumulated depreciation	(943)	(914)
Property and equipment, net	1,629	1,667
Other assets:
Finance lease right-of-use assets, net	9	9
Operating lease right-of-use assets, net	517	517
Goodwill	1,568	1,568
Intangible assets	902	902
Accumulated amortization	(372)	(360)
Intangible assets, net	530	542
Other noncurrent assets	196	188
Investment in unconsolidated affiliate	132	132
Total assets	6,605	5,815
Current liabilities:
Accounts payable	705	515
Accounts payable to affiliates	77	59
Accrued expenses and other current liabilities	275	291
Operating lease current liabilities	19	19
Current maturities of long-term debt	0	6
Total current liabilities	1,076	890
Operating lease noncurrent liabilities	522	521
Revolving line of credit	1,012	581
Long-term debt, net	2,668	2,668
Advances from affiliates	121	126
Deferred tax liability	155	114
Other noncurrent liabilities	107	104
Total liabilities	5,661	5,004
Commitments and contingencies (Note 10)
Equity:
Total equity	944	811
Total liabilities and equity	6,605	5,815
Common Units [Member]
Equity:
Total equity	944	811
Class C Units [Member]
Equity:
Total equity	$ 0	$ 0

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical)	Mar. 31, 2022shares
Common Units [Member]
Equity:
Limited Partners' Capital Account, Units Outstanding	83,688,670
Class C Units [Member]
Equity:
Limited Partners' Capital Account, Units Issued	16,410,780

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenues:
Revenues	$ 5,402	$ 3,471
Cost of sales and operating expenses:
Cost of sales	4,972	3,120
General and administrative	27	24
Other operating	81	61
Lease expense	16	15
Depreciation, amortization and accretion	47	47
Total cost of sales and operating expenses	5,143	3,267
Operating income	259	204
Interest expense, net	(41)	(41)
Equity in earnings of unconsolidated affiliate	1	1
Other income (expense), net	0	(7)
Income before income taxes	219	157
Income tax expense	3	3
Net income and comprehensive income	$ 216	$ 154
Net income (loss) per common unit:
Basic	$ 2.35	$ 1.61
Diluted	$ 2.32	$ 1.60
Weighted average common units outstanding:
Basic	83,682,902	83,342,828
Diluted	84,729,202	84,141,261
Cash distributions per unit	$ 0.8255	$ 0.8255
Motor Fuel Sales [Member]
Revenues:
Revenues	$ 5,277	$ 3,363
Non Motor Fuel Sales [Member]
Revenues:
Revenues	90	73
Lease Income [Member]
Revenues:
Revenues	$ 35	$ 35

Consolidated Statement of Equit

Consolidated Statement of Equity $ in Millions	USD ($)
Beginning balance at Dec. 31, 2020	$ 632
Cash distribution to unitholders	(88)
Unit-based compensation	4
Partners' Capital, Other	(4)
Partnership net income (loss)	154
Ending balance at Mar. 31, 2021	698
Beginning balance at Dec. 31, 2021	811
Cash distribution to unitholders	(88)
Unit-based compensation	5
Partnership net income (loss)	216
Ending balance at Mar. 31, 2022	$ 944

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities:
Net income (loss) and comprehensive income (loss)	$ 216	$ 154
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and accretion	47	47
Amortization of deferred financing fees	2	1
Other income (expense), net	0	7
Non-cash unit-based compensation expense	5	4
Deferred income tax	(41)	1
Inventory valuation adjustment	(120)	(100)
Equity in earnings of unconsolidated affiliate	(1)	(1)
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable, net	(199)	(115)
Receivables from affiliates	(1)	0
Inventories, net	(50)	52
Other assets	(134)	0
Accounts payable	215	168
Accounts payable to affiliates	18	(17)
Accrued expenses and other current liabilities	(16)	(43)
Other noncurrent liabilities	0	(4)
Net cash provided by operating activities	23	152
Cash flows from investing activities:
Capital expenditures	(26)	(18)
Deposit for acquisition	(264)	0
Distributions from unconsolidated affiliate in excess of cumulative earnings	1	3
Proceeds from disposal of property and equipment	4	6
Net cash used in investing activities	(285)	(9)
Cash flows from financing activities:
Payments on long-term debt	(2)	(438)
Revolver borrowings	1,445	472
Revolver repayments	(1,014)	(91)
Distributions to unitholders	(88)	(88)
Net cash provided by (used in) financing activities	341	(145)
Net increase (decrease) in cash and cash equivalents	79	(2)
Cash and cash equivalents at beginning of period	25	97
Cash and cash equivalents at end of period	104	95
Supplemental disclosure of non-cash investing activities:
Change in note payable to affiliate	$ (4)	$ 6

Organization and Principles of

Organization and Principles of Consolidation	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Principles of Consolidation	Organization and Principles of Consolidation As used in this document, the terms “Partnership,” “SUN,” “we,” “us,” and “our” should be understood to refer to Sunoco LP and our consolidated subsidiaries, unless the context clearly indicates otherwise. We are a Delaware master limited partnership. We are managed by our general partner, Sunoco GP LLC ( our “General Partner”), which is owned by Energy Transfer LP (“Energy Transfer”). As of March 31, 2022, Energy Transfer owned 100% of the limited liability company interests in our General Partner, 28,463,967 of our common units, which constitutes a 28.4% limited partner interest in us, and all of our incentive distribution rights ("IDRs"). The consolidated financial statements are composed of Sunoco LP, a publicly traded Delaware limited partnership, and its wholly‑owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. Certain items have been reclassified for presentation purposes to conform to the accounting policies of the consolidated entity. These reclassifications had no material impact on operating income, net income and comprehensive income, the balance sheets or statements of cash flows.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Significant Accounting Policies [Text Block]	Summary of Significant Accounting Policies Interim Financial Statements The accompanying interim consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”). Pursuant to Regulation S-X, certain information and disclosures normally included in the annual financial statements have been condensed or omitted. The interim consolidated financial statements and notes included herein should be read in conjunction with the consolidated financial statements and notes included in our Annual Report on Form 10-K for the year ended December 31, 2021 filed with the Securities and Exchange Commission ("SEC") on February 18, 2022. Significant Accounting Policies As of March 31, 2022, there have been no changes in the Partnership's significant accounting policies from those described in the Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on February 18, 2022. Motor Fuel and Sales Taxes Certain motor fuel and sales taxes are collected from customers and remitted to governmental agencies either directly by the Partnership or through suppliers. The Partnership’s accounting policy for wholesale direct sales to dealers, distributors and commercial customers is to exclude the collected motor fuel tax from sales and cost of sales. For retail locations where the Partnership holds inventory, including commission agent locations, motor fuel sales and motor fuel cost of sales include motor fuel taxes. Such amounts were $71 million and $76 million for the three months ended March 31, 2022 and 2021, respectively. Merchandise sales and cost of merchandise sales are reported net of sales tax in the consolidated statements of operations and comprehensive income.

Accounts Receivable, net

Accounts Receivable, net	3 Months Ended
	Mar. 31, 2022
Accounts Receivable, after Allowance for Credit Loss [Abstract]
Accounts Receivable, net	Accounts Receivable, net Accounts receivable, net, consisted of the following: March 31, December 31, (in millions) Accounts receivable, trade $ 590 $ 428 Credit card receivables 50 37 Vendor receivables for rebates and branding 37 35 Other receivables 51 28 Allowance for expected credit losses (3) (2) Accounts receivable, net $ 725 $ 526

Inventories, net

Inventories, net	3 Months Ended
	Mar. 31, 2022
Inventory Disclosure [Abstract]
Inventories, net	Inventories, net Fuel inventories are stated at the lower of cost or market using the last-in-first-out (“LIFO”) method. As of March 31, 2022 and December 31, 2021, the Partnership’s fuel inventory balance included lower of cost or market reserves of zero and $121 million, respectively. The fuel inventory replacement cost was $112 million higher than the fuel inventory balance as of March 31, 2022. For the three months ended March 31, 2022 and 2021, the Partnership’s consolidated statements of operations and comprehensive income did not include any material amounts of income from the liquidation of LIFO fuel inventory. For the three months ended March 31, 2022 and 2021, the Partnership's cost of sales included favorable inventory adjustments of $120 million and $100 million, respectively. Inventories, net, consisted of the following: March 31, December 31, (in millions) Fuel $ 694 $ 526 Other 10 8 Inventories, net $ 704 $ 534

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities	3 Months Ended
	Mar. 31, 2022
Accrued Expenses And Other Current Liabilities [Abstract]
Accrued Expenses and Other Current Liabilities	Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consisted of the following: March 31, December 31, (in millions) Wage and other employee-related accrued expenses $ 14 $ 23 Accrued tax expense 124 152 Accrued insurance 21 22 Accrued interest expense 52 31 Dealer deposits 21 21 Accrued environmental expense 7 7 Other 36 35 Total $ 275 $ 291

Long-Term Debt

Long-Term Debt	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Long-term debt consisted of the following: March 31, December 31, (in millions) Sale leaseback financing obligation $ 85 $ 91 2018 Revolver 1,012 581 6.000% Senior Notes Due 2027 600 600 5.875% Senior Notes Due 2028 400 400 4.500% Senior Notes Due 2029 800 800 4.500% Senior Notes Due 2030 800 800 Finance leases 9 9 Total debt 3,706 3,281 Less: current maturities — 6 Less: debt issuance costs 26 26 Long-term debt, net $ 3,680 $ 3,249 Revolving Credit Agreement As of March 31, 2022, the balance on the 2018 Revolver was $1.0 billion, and $6 million in standby letters of credit were outstanding. The unused availability on the 2018 Revolver at March 31, 2022 was $0.5 billion. The weighted average interest rate on the total amount outstanding at March 31, 2022 was 2.40%. The Partnership was in compliance with all financial covenants at March 31, 2022. On April 7, 2022, we entered into a Second Amended and Restated Credit Agreement with Bank of America, N.A., as Administrative Agent, Collateral Agent, Swingline Lender and a letter of credit issuer (the “Credit Agreement”). The maturity date of the Credit Agreement was extended to April 7, 2027 from July 27, 2023. Fair Value of Debt

Other Noncurrent Liabilities (N

Other Noncurrent Liabilities (Notes)	3 Months Ended
	Mar. 31, 2022
Other Liabilities Disclosure [Abstract]
Other Liabilities Disclosure [Text Block]	Other Noncurrent Liabilities Other noncurrent liabilities consisted of the following: March 31, December 31, (in millions) Reserve for underground storage tank removal $ 80 $ 79 Accrued environmental expense, long-term 12 12 Other 15 13 Total $ 107 $ 104

Related-Party Transactions

Related-Party Transactions	3 Months Ended
	Mar. 31, 2022
Related Party Transactions [Abstract]
Related-Party Transactions	Related-Party Transactions We are party to fee-based commercial agreements with various affiliates of Energy Transfer for pipeline, terminalling and storage services. We also have agreements with subsidiaries of Energy Transfer for the purchase and sale of fuel. Our investment in the J.C. Nolan pipeline (a joint venture with Energy Transfer) was $132 million and $132 million as of March 31, 2022 and December 31, 2021, respectively. In addition, we recorded income on the unconsolidated joint venture of $1 million for each of the three months ended March 31, 2022 and 2021. Summary of Transactions Related party transactions with affiliates for the three months ended March 31, 2022 and 2021 were as follows (in millions): Three Months Ended March 31, 2022 2021 Motor fuel sales to affiliates $ 5 $ 2 Bulk fuel purchases from affiliates $ 540 $ 333 Significant affiliate balances included on the consolidated balance sheets are as follows: • Net advances from affiliates were $121 million and $126 million as of March 31, 2022 and December 31, 2021, respectively, related to treasury services agreements with Energy Transfer. • Net accounts receivable from affiliates were $13 million and $12 million as of March 31, 2022 and December 31, 2021, respectively, which are primarily related to motor fuel sales to affiliates. • Net accounts payable to affiliates were $77 million and $59 million as of March 31, 2022 and December 31, 2021, respectively, attributable to operational expenses and bulk fuel purchases.

Revenue (Notes)

Revenue (Notes)	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer [Text Block]	Revenue Disaggregation of Revenue We operate our business in two primary segments, Fuel Distribution and Marketing and All Other. We disaggregate revenue within the segments by channels. The following table depicts the disaggregation of revenue by channel within each segment: Three Months Ended March 31, 2022 2021 (in millions) Fuel Distribution and Marketing Segment Distributor $ 2,407 $ 1,615 Dealer 1,054 679 Unbranded wholesale 1,263 668 Commission agent 403 290 Non motor fuel sales 41 14 Lease income 32 33 Total 5,200 3,299 All Other Segment Motor fuel 150 111 Non motor fuel sales 49 59 Lease income 3 2 Total 202 172 Total revenue $ 5,402 $ 3,471 Contract Balances with Customers The balances of the Partnership’s contract assets and contract liabilities as of March 31, 2022 and December 31, 2021 are as follows: March 31, 2022 December 31, 2021 (in millions) Contract balances Contract assets $ 168 $ 157 Accounts receivable from contracts with customers $ 637 $ 463 Contract liabilities $ — $ — Costs to Obtain or Fulfill a Contract

Commitments And Contingencies

Commitments And Contingencies	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation We have at various points and may in the future become involved in various legal proceedings arising out of our operations in the normal course of business. These proceedings would be subject to the uncertainties inherent in any litigation, and we regularly assess the need for accounting recognition or disclosure of these contingencies. We would expect to defend ourselves vigorously in all such matters. Based on currently available information, we believe it is unlikely that the outcome of known matters would have a material adverse impact on our financial condition, results of operations or cash flows. Lessee Accounting The details of the Partnership's operating and finance lease liabilities are as follows: March 31, Lease Term and Discount Rate 2022 2021 Weighted-average remaining lease term (years) Operating leases 22 23 Finance leases 29 21 Weighted-average discount rate (%) Operating leases 6 % 6 % Finance leases 4 % 5 % Three Months Ended March 31, Other information 2022 2021 (in millions) Cash paid for amount included in the measurement of lease liabilities Operating cash flows from operating leases $ (12) $ (13) Operating cash flows from finance leases $ — $ — Financing cash flows from finance leases $ — $ — Leased assets obtained in exchange for new finance lease liabilities $ — $ 9 Leased assets obtained in exchange for new operating lease liabilities $ 8 $ 5 Maturity of lease liabilities (as of March 31, 2022) Operating leases Finance leases Total (in millions) 2022 (remainder) $ 37 $ — $ 37 2023 48 — 48 2024 47 — 47 2025 47 — 47 2026 46 — 46 Thereafter 778 16 794 Total lease payment 1,003 16 1,019 Less: interest 462 7 469 Present value of lease liabilities $ 541 $ 9 $ 550 Lessor Accounting

Income Tax Expense

Income Tax Expense	3 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Income Tax Expense	Income Tax Expense As a partnership, we are generally not subject to federal income tax and most state income taxes. However, the Partnership conducts certain activities through corporate subsidiaries which are subject to federal and state income taxes. Our effective tax rate differs from the statutory rate primarily due to Partnership earnings that are not subject to U.S. federal and most state income taxes at the Partnership level. A reconciliation of income tax expense from continuing operations at the U.S. federal statutory rate of 21% to net income tax expense is as follows: Three Months Ended March 31, 2022 2021 (in millions) Income tax expense at statutory federal rate $ 46 $ 33 Partnership earnings not subject to tax (44) (31) State and local tax, net of federal benefit 1 1 Net income tax expense $ 3 $ 3

Partners' Capital

Partners' Capital	3 Months Ended
	Mar. 31, 2022
Partners' Capital [Abstract]
Partners' Capital	Partners' Capital As of March 31, 2022, Energy Transfer and its subsidiaries owned 28,463,967 common units, which constitutes a 28.4% limited partner interest in the Partnership. As of March 31, 2022, our wholly-owned consolidated subsidiaries owned 16,410,780 Class C units representing limited partner interests in the Partnership (the “Class C Units”) and the public owned 55,224,703 common units. Common Units The change in our outstanding common units for the three months ended March 31, 2022 was as follows: Number of Units Number of common units at December 31, 2021 83,670,950 Vested phantom units exercised 17,720 Number of common units at March 31, 2022 83,688,670 Allocation of Net Income Our Partnership Agreement contains provisions for the allocation of net income and loss to the unitholders. For purposes of maintaining partner capital accounts, the Partnership Agreement specifies that items of income and loss shall be allocated among the partners in accordance with their respective percentage interest. Normal allocations according to percentage interests are made after giving effect to incentive cash distributions, which are allocated 100% to Energy Transfer. The calculation of net income allocated to the partners was as follows (in millions): Three Months Ended March 31, 2022 2021 Attributable to Common Units Distributions $ 69 $ 69 Distributions less than net income 127 65 Limited partners' interest in net income $ 196 $ 134 Cash Distributions Our Partnership Agreement sets forth the calculation used to determine the amount and priority of cash distributions that the common unitholders receive. Cash distributions paid or declared during 2022 were as follows: Limited Partners Payment Date Per Unit Distribution Total Cash Distribution Distribution to IDR Holders (in millions, except per unit amounts) May 19, 2022 $ 0.8255 $ 69 $ 18 February 18, 2022 $ 0.8255 $ 69 $ 18

Segment Reporting

Segment Reporting	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	Segment Reporting Our financial statements reflect two reportable segments, Fuel Distribution and Marketing and All Other. We report Adjusted EBITDA by segment as a measure of segment performance. We define Adjusted EBITDA as earnings before net interest expense, income tax expense and depreciation, amortization and accretion expense, non-cash unit-based compensation expense, gains and losses on disposal of assets and non-cash impairment charges, unrealized gains and losses on commodity derivatives, inventory adjustments, and certain other operating expenses reflected in net income that we do not believe are indicative of ongoing core operations. Inventory adjustments that are excluded from the calculation of Adjusted EBITDA represent changes in lower of cost or market reserves on the Partnership's inventory. These amounts are unrealized valuation adjustments applied to fuel volumes remaining in inventory at the end of the period. The following table presents financial information by segment for the three months ended March 31, 2022 and 2021: Three Months Ended March 31, 2022 2021 Fuel Distribution and Marketing All Other Intercompany Eliminations Totals Fuel Distribution and Marketing All Other Intercompany Eliminations Totals (in millions) Revenue Motor fuel sales $ 5,127 $ 150 $ 5,277 $ 3,252 $ 111 $ 3,363 Non motor fuel sales 41 49 90 14 59 73 Lease income 32 3 35 33 2 35 Intersegment sales 536 — (536) — 282 — (282) — Total revenue 5,736 202 (536) 5,402 3,581 172 (282) 3,471 Gross profit (1) Motor fuel 329 10 339 273 8 281 Non motor fuel 29 27 56 11 24 35 Lease 32 3 35 33 2 35 Total gross profit 390 40 430 317 34 351 Total operating expenses 143 28 171 109 38 147 Operating income (loss) 247 12 259 208 (4) 204 Interest expense, net (37) (4) (41) (37) (4) (41) Loss on extinguishment of debt — — — (7) — (7) Equity in earnings of unconsolidated affiliate 1 — 1 1 — 1 Income (loss) from operations before income taxes 211 8 219 165 (8) 157 Income tax expense 1 2 3 3 — 3 Net income (loss) and comprehensive income (loss) $ 210 $ 6 $ 216 $ 162 $ (8) $ 154 Depreciation, amortization and accretion 42 5 47 40 7 47 Interest expense, net 37 4 41 37 4 41 Income tax expense 1 2 3 3 — 3 Non-cash unit-based compensation expense 5 — 5 4 — 4 Loss on extinguishment of debt — — — 7 — 7 Unrealized gain on commodity derivatives (9) — (9) (5) — (5) Inventory adjustments (120) — (120) (100) — (100) Equity in earnings of unconsolidated affiliate (1) — (1) (1) — (1) Adjusted EBITDA related to unconsolidated affiliate 2 — 2 2 — 2 Other non-cash adjustments 7 — 7 5 — 5 Adjusted EBITDA $ 174 $ 17 $ 191 $ 153 $ 4 $ 157 Capital expenditures $ 24 $ 2 $ 26 $ 17 $ 1 $ 18 Total assets as of March 31, 2022 and December 31, 2021, respectively $ 5,565 $ 1,040 $ 6,605 $ 4,825 $ 990 $ 5,815 ________________________________ (1) Excludes depreciation, amortization and accretion.

Net Income per Unit

Net Income per Unit	3 Months Ended
	Mar. 31, 2022
Net Income Per Unit [Abstract]
Net Income per Unit	Net Income per Common Unit A reconciliation of the numerators and denominators of the basic and diluted net income per common unit computations is as follows: Three Months Ended March 31, 2022 2021 (in millions, except units and per unit amounts) Net income and comprehensive income $ 216 $ 154 Less: Incentive distribution rights 18 18 Distributions on nonvested phantom unit awards 2 2 Limited partners ’ interest in net income $ 196 $ 134 Weighted average common units outstanding: Basic 83,682,902 83,342,828 Dilutive effect of nonvested phantom unit awards 1,046,300 798,433 Diluted 84,729,202 84,141,261 Net income per common unit: Basic $ 2.35 $ 1.61 Diluted $ 2.32 $ 1.60

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventOn April 1, 2022, we completed the previously announced acquisition of a transmix processing and terminal facility in Huntington, Indiana from Gladieux Capital Partners, LLC for $264 million. The funding for this acquisition was made on March 31, 2022. The facility is the largest transmix plant in North America with a processing capacity of 23,000 barrels per day and onsite product storage of approximately 750,000 barrels.As of March 31, 2022, the Partnership's consolidated balance sheet included a cash deposit of $264 million in other current assets related to this acquisition.

Organization and Principles o_2

Organization and Principles of Consolidation Organization and Principles of Consolidation (Policies)	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Significant Accounting Policies [Text Block]	Certain items have been reclassified for presentation purposes to conform to the accounting policies of the consolidated entity. These reclassifications had no material impact on operating income, net income and comprehensive income, the balance sheets or statements of cash flows.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Interim Financial Statements The accompanying interim consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”). Pursuant to Regulation S-X, certain information and disclosures normally included in the annual financial statements have been condensed or omitted. The interim consolidated financial statements and notes included herein should be read in conjunction with the consolidated financial statements and notes included in our Annual Report on Form 10-K for the year ended December 31, 2021 filed with the Securities and Exchange Commission ("SEC") on February 18, 2022.
Recently Issued Accounting Pronouncements	Significant Accounting PoliciesAs of March 31, 2022, there have been no changes in the Partnership's significant accounting policies from those described in the Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on February 18, 2022.
Motor Fuel and Sales Taxes	Motor Fuel and Sales Taxes Certain motor fuel and sales taxes are collected from customers and remitted to governmental agencies either directly by the Partnership or through suppliers. The Partnership’s accounting policy for wholesale direct sales to dealers, distributors and commercial customers is to exclude the collected motor fuel tax from sales and cost of sales. For retail locations where the Partnership holds inventory, including commission agent locations, motor fuel sales and motor fuel cost of sales include motor fuel taxes. Such amounts were $71 million and $76 million for the three months ended March 31, 2022 and 2021, respectively. Merchandise sales and cost of merchandise sales are reported net of sales tax in the consolidated statements of operations and comprehensive income.

Inventory (Policies)

Inventory (Policies)	3 Months Ended
	Mar. 31, 2022
Inventory Disclosure [Abstract]
Inventory, Policy	Fuel inventories are stated at the lower of cost or market using the last-in-first-out (“LIFO”) method. As of March 31, 2022 and December 31, 2021, the Partnership’s fuel inventory balance included lower of cost or market reserves of zero and $121 million, respectively. The fuel inventory replacement cost was $112 million higher than the fuel inventory balance as of March 31, 2022. For the three months ended March 31, 2022 and 2021, the Partnership’s consolidated statements of operations and comprehensive income did not include any material amounts of income from the liquidation of LIFO fuel inventory. For the three months ended March 31, 2022 and 2021, the Partnership's cost of sales included favorable inventory adjustments of $120 million and $100 million, respectively.

Revenue from Contract with Cust

Revenue from Contract with Customer (Policies)	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue	Contract Balances with CustomersCosts to Obtain or Fulfill a ContractFor the three months ended March 31, 2022 and 2021, the Partnership recognized $7 million and $4 million, respectively, of amortization on capitalized costs incurred to obtain contracts.

Partners' Capital Partners' Cap

Partners' Capital Partners' Capital (Policies)	3 Months Ended
	Mar. 31, 2022
Partners' Capital [Abstract]
Allocation of net income [Policy Text Block]	Allocation of Net Income Our Partnership Agreement contains provisions for the allocation of net income and loss to the unitholders. For purposes of maintaining partner capital accounts, the Partnership Agreement specifies that items of income and loss shall be allocated among the partners in accordance with their respective percentage interest. Normal allocations according to percentage interests are made after giving effect to incentive cash distributions, which are allocated 100% to Energy Transfer.

Accounts Receivable, net (Table

Accounts Receivable, net (Tables)	3 Months Ended
	Mar. 31, 2022
Accounts Receivable, after Allowance for Credit Loss [Abstract]
Schedule of Accounts Receivable	Accounts receivable, net, consisted of the following: March 31, December 31, (in millions) Accounts receivable, trade $ 590 $ 428 Credit card receivables 50 37 Vendor receivables for rebates and branding 37 35 Other receivables 51 28 Allowance for expected credit losses (3) (2) Accounts receivable, net $ 725 $ 526

Inventories, net (Tables)

Inventories, net (Tables)	3 Months Ended
	Mar. 31, 2022
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories, net, consisted of the following: March 31, December 31, (in millions) Fuel $ 694 $ 526 Other 10 8 Inventories, net $ 704 $ 534

Accrued Expenses and Other Cu_2

Accrued Expenses and Other Current Liabilities (Tables)	3 Months Ended
	Mar. 31, 2022
Accrued Expenses And Other Current Liabilities [Abstract]
Schedule of Accrued Liabilities	Accrued expenses and other current liabilities consisted of the following: March 31, December 31, (in millions) Wage and other employee-related accrued expenses $ 14 $ 23 Accrued tax expense 124 152 Accrued insurance 21 22 Accrued interest expense 52 31 Dealer deposits 21 21 Accrued environmental expense 7 7 Other 36 35 Total $ 275 $ 291

Long-Term Debt (Tables)

Long-Term Debt (Tables)	3 Months Ended
	Mar. 31, 2022
Debt Disclosure [Abstract]
Schedule of Long-term Debt	Long-term debt consisted of the following: March 31, December 31, (in millions) Sale leaseback financing obligation $ 85 $ 91 2018 Revolver 1,012 581 6.000% Senior Notes Due 2027 600 600 5.875% Senior Notes Due 2028 400 400 4.500% Senior Notes Due 2029 800 800 4.500% Senior Notes Due 2030 800 800 Finance leases 9 9 Total debt 3,706 3,281 Less: current maturities — 6 Less: debt issuance costs 26 26 Long-term debt, net $ 3,680 $ 3,249

Other Noncurrent Liabilities (T

Other Noncurrent Liabilities (Tables)	3 Months Ended
	Mar. 31, 2022
Other Liabilities Disclosure [Abstract]
Other Noncurrent Liabilities [Table Text Block]	March 31, December 31, (in millions) Reserve for underground storage tank removal $ 80 $ 79 Accrued environmental expense, long-term 12 12 Other 15 13 Total $ 107 $ 104

Related-Party Transactions (Tab

Related-Party Transactions (Tables)	3 Months Ended
	Mar. 31, 2022
Related Party Transactions [Abstract]
Schedule of Related Party Transactions [Table Text Block]	Related party transactions with affiliates for the three months ended March 31, 2022 and 2021 were as follows (in millions): Three Months Ended March 31, 2022 2021 Motor fuel sales to affiliates $ 5 $ 2 Bulk fuel purchases from affiliates $ 540 $ 333

Revenue (Tables)

Revenue (Tables)	3 Months Ended
	Mar. 31, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue [Table Text Block]	The following table depicts the disaggregation of revenue by channel within each segment: Three Months Ended March 31, 2022 2021 (in millions) Fuel Distribution and Marketing Segment Distributor $ 2,407 $ 1,615 Dealer 1,054 679 Unbranded wholesale 1,263 668 Commission agent 403 290 Non motor fuel sales 41 14 Lease income 32 33 Total 5,200 3,299 All Other Segment Motor fuel 150 111 Non motor fuel sales 49 59 Lease income 3 2 Total 202 172 Total revenue $ 5,402 $ 3,471
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Table Text Block]	The balances of the Partnership’s contract assets and contract liabilities as of March 31, 2022 and December 31, 2021 are as follows: March 31, 2022 December 31, 2021 (in millions) Contract balances Contract assets $ 168 $ 157 Accounts receivable from contracts with customers $ 637 $ 463 Contract liabilities $ — $ —

Commitments And Contingencies (

Commitments And Contingencies (Tables)	3 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Lease, Cost [Table Text Block]	The details of the Partnership's operating and finance lease liabilities are as follows: March 31, Lease Term and Discount Rate 2022 2021 Weighted-average remaining lease term (years) Operating leases 22 23 Finance leases 29 21 Weighted-average discount rate (%) Operating leases 6 % 6 % Finance leases 4 % 5 % Three Months Ended March 31, Other information 2022 2021 (in millions) Cash paid for amount included in the measurement of lease liabilities Operating cash flows from operating leases $ (12) $ (13) Operating cash flows from finance leases $ — $ — Financing cash flows from finance leases $ — $ — Leased assets obtained in exchange for new finance lease liabilities $ — $ 9 Leased assets obtained in exchange for new operating lease liabilities $ 8 $ 5
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Maturity of lease liabilities (as of March 31, 2022) Operating leases Finance leases Total (in millions) 2022 (remainder) $ 37 $ — $ 37 2023 48 — 48 2024 47 — 47 2025 47 — 47 2026 46 — 46 Thereafter 778 16 794 Total lease payment 1,003 16 1,019 Less: interest 462 7 469 Present value of lease liabilities $ 541 $ 9 $ 550

Income Tax Expense (Tables)

Income Tax Expense (Tables)	3 Months Ended
	Mar. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of Effective Income Tax Rate Reconciliation	A reconciliation of income tax expense from continuing operations at the U.S. federal statutory rate of 21% to net income tax expense is as follows: Three Months Ended March 31, 2022 2021 (in millions) Income tax expense at statutory federal rate $ 46 $ 33 Partnership earnings not subject to tax (44) (31) State and local tax, net of federal benefit 1 1 Net income tax expense $ 3 $ 3

Partners' Capital (Tables)

Partners' Capital (Tables)	3 Months Ended
	Mar. 31, 2022
Partners' Capital [Abstract]
Schedule of Common Units	The change in our outstanding common units for the three months ended March 31, 2022 was as follows: Number of Units Number of common units at December 31, 2021 83,670,950 Vested phantom units exercised 17,720 Number of common units at March 31, 2022 83,688,670
Schedule of Net Income Allocation By Partners	The calculation of net income allocated to the partners was as follows (in millions): Three Months Ended March 31, 2022 2021 Attributable to Common Units Distributions $ 69 $ 69 Distributions less than net income 127 65 Limited partners' interest in net income $ 196 $ 134
Distributions Made to Limited Partner, by Distribution	Cash distributions paid or declared during 2022 were as follows: Limited Partners Payment Date Per Unit Distribution Total Cash Distribution Distribution to IDR Holders (in millions, except per unit amounts) May 19, 2022 $ 0.8255 $ 69 $ 18 February 18, 2022 $ 0.8255 $ 69 $ 18

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2022
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended March 31, 2022 2021 Fuel Distribution and Marketing All Other Intercompany Eliminations Totals Fuel Distribution and Marketing All Other Intercompany Eliminations Totals (in millions) Revenue Motor fuel sales $ 5,127 $ 150 $ 5,277 $ 3,252 $ 111 $ 3,363 Non motor fuel sales 41 49 90 14 59 73 Lease income 32 3 35 33 2 35 Intersegment sales 536 — (536) — 282 — (282) — Total revenue 5,736 202 (536) 5,402 3,581 172 (282) 3,471 Gross profit (1) Motor fuel 329 10 339 273 8 281 Non motor fuel 29 27 56 11 24 35 Lease 32 3 35 33 2 35 Total gross profit 390 40 430 317 34 351 Total operating expenses 143 28 171 109 38 147 Operating income (loss) 247 12 259 208 (4) 204 Interest expense, net (37) (4) (41) (37) (4) (41) Loss on extinguishment of debt — — — (7) — (7) Equity in earnings of unconsolidated affiliate 1 — 1 1 — 1 Income (loss) from operations before income taxes 211 8 219 165 (8) 157 Income tax expense 1 2 3 3 — 3 Net income (loss) and comprehensive income (loss) $ 210 $ 6 $ 216 $ 162 $ (8) $ 154 Depreciation, amortization and accretion 42 5 47 40 7 47 Interest expense, net 37 4 41 37 4 41 Income tax expense 1 2 3 3 — 3 Non-cash unit-based compensation expense 5 — 5 4 — 4 Loss on extinguishment of debt — — — 7 — 7 Unrealized gain on commodity derivatives (9) — (9) (5) — (5) Inventory adjustments (120) — (120) (100) — (100) Equity in earnings of unconsolidated affiliate (1) — (1) (1) — (1) Adjusted EBITDA related to unconsolidated affiliate 2 — 2 2 — 2 Other non-cash adjustments 7 — 7 5 — 5 Adjusted EBITDA $ 174 $ 17 $ 191 $ 153 $ 4 $ 157 Capital expenditures $ 24 $ 2 $ 26 $ 17 $ 1 $ 18 Total assets as of March 31, 2022 and December 31, 2021, respectively $ 5,565 $ 1,040 $ 6,605 $ 4,825 $ 990 $ 5,815 ________________________________ (1) Excludes depreciation, amortization and accretion.

Net Income per Unit (Tables)

Net Income per Unit (Tables)	3 Months Ended
	Mar. 31, 2022
Net Income Per Unit [Abstract]
Schedule of Net Income per Unit, Basic and Diluted	A reconciliation of the numerators and denominators of the basic and diluted net income per common unit computations is as follows: Three Months Ended March 31, 2022 2021 (in millions, except units and per unit amounts) Net income and comprehensive income $ 216 $ 154 Less: Incentive distribution rights 18 18 Distributions on nonvested phantom unit awards 2 2 Limited partners ’ interest in net income $ 196 $ 134 Weighted average common units outstanding: Basic 83,682,902 83,342,828 Dilutive effect of nonvested phantom unit awards 1,046,300 798,433 Diluted 84,729,202 84,141,261 Net income per common unit: Basic $ 2.35 $ 1.61 Diluted $ 2.32 $ 1.60

Organization and Principles o_3

Organization and Principles of Consolidation - Additional Information (Details)	3 Months Ended
	Mar. 31, 2022
Energy Transfer Operating, L.P. [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Percentage of Common Units Owned	28.40%

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Accounting Policies [Abstract]
Motor fuel and sales taxes	$ 71	$ 76

Accounts Receivable, net (Detai

Accounts Receivable, net (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for expected credit losses	$ (3)	$ (2)
Accounts receivable, net	725	526
Trade Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, gross, current	590	428
Credit Card Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, gross, current	50	37
Vendor Receivables For Rebates Branding And Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, gross, current	37	35
Other Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, gross, current	$ 51	$ 28

Inventories, net - Additional I

Inventories, net - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Inventory Disclosure [Abstract]
Inventory Write-down	$ 120	$ 100
Inventory Adjustments			$ 121
Excess of Replacement or Current Costs over Stated LIFO Value	$ 112

Inventories, net (Details)

Inventories, net (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
Fuel	$ 694	$ 526
Other	10	8
Inventories, net	$ 704	$ 534

Accrued Expenses and Other Cu_3

Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Accrued Expenses And Other Current Liabilities [Abstract]
Wage and other employee-related accrued expenses	$ 14	$ 23
Accrued tax expense	124	152
Accrued insurance	21	22
Accrued interest expense	52	31
Dealer deposits	21	21
Accrued environmental expense	7	7
Other	36	35
Total	$ 275	$ 291

Long-Term Debt (Details)

Long-Term Debt (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
2018 Revolver	$ 1,012	$ 581
Finance leases	9	9
Total debt	3,706	3,281
Less: current maturities	0	6
Less: debt issuance costs	26	26
Long-term debt, net	3,680	3,249
Sales leaseback financial obligation
Debt Instrument [Line Items]
Long-term Debt	$ 85	91
6.00% Senior Notes due 2027
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	6.00%
Senior Notes	$ 600	600
5.875% Senior Notes due 2028
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	5.875%
Senior Notes	$ 400	400
4.5% Senior Notes due 2029
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	4.50%
Senior Notes	$ 800	800
4.5% Senior Notes due 2030
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	4.50%
Senior Notes	$ 800	$ 800

Long-Term Debt (Revolving Credi

Long-Term Debt (Revolving Credit Agreement) (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Revolving line of credit	$ 1,012	$ 581
Revolving Credit Agreement [Member] | Two Thousand Eighteen Revolver [Member]
Debt Instrument [Line Items]
Revolving line of credit	1,012	$ 581
Letters of Credit Outstanding, Amount	6
Debt Instrument, Unused Borrowing Capacity, Amount	$ 500
Debt, Weighted Average Interest Rate	2.40%

Long-Term Debt Fair Value Measu

Long-Term Debt Fair Value Measurements (Details) $ in Billions	Mar. 31, 2022USD ($)
Fair Value Measurements [Abstract]
Long-term Debt, Fair Value	$ 3.6

Other Noncurrent Liabilities (D

Other Noncurrent Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Other Liabilities Disclosure [Abstract]
Reserve for underground storage tank removal	$ 80	$ 79
Accrued environmental expense, long-term	12	12
Other	15	13
Other noncurrent liabilities	$ 107	$ 104

Related-Party Transactions (Det

Related-Party Transactions (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Related Party Transaction [Line Items]
Investment in unconsolidated affiliate	$ 132		$ 132
Equity in earnings of unconsolidated affiliate	1	$ 1
Advances from affiliates	121		126
Receivables from affiliates	13		12
Accounts payable to affiliates	77		$ 59
Wholesale motor fuel sales to affiliates [Member]
Related Party Transaction [Line Items]
Revenue from Related Parties	5	2
Wholesale Motor Fuel [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party	$ 540	$ 333

Revenue (Disaggregation of Reve

Revenue (Disaggregation of Revenue) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Disaggregation of Revenue [Line Items]
Revenues	$ 5,402	$ 3,471
Motor Fuel Sales [Member]
Disaggregation of Revenue [Line Items]
Revenues	5,277	3,363
Lease Income [Member]
Disaggregation of Revenue [Line Items]
Revenues	35	35
Fuel Distribution and Marketing [Member]
Disaggregation of Revenue [Line Items]
Revenues	5,200	3,299
Fuel Distribution and Marketing [Member] | Dealer Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenues	1,054	1,615
Fuel Distribution and Marketing [Member] | Distributor Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenues	2,407	679
Fuel Distribution and Marketing [Member] | Unbranded Wholesale Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenues	1,263	668
Fuel Distribution and Marketing [Member] | Commission Agent Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenues	403	290
Fuel Distribution and Marketing [Member] | Non Motor Fuel [Member]
Disaggregation of Revenue [Line Items]
Revenues	41	14
Fuel Distribution and Marketing [Member] | Lease Income [Member]
Disaggregation of Revenue [Line Items]
Revenues	32	33
All Other [Member]
Disaggregation of Revenue [Line Items]
Revenues	202	172
All Other [Member] | Motor Fuel Sales [Member]
Disaggregation of Revenue [Line Items]
Revenues	150	111
All Other [Member] | Non Motor Fuel [Member]
Disaggregation of Revenue [Line Items]
Revenues	49	59
All Other [Member] | Lease Income [Member]
Disaggregation of Revenue [Line Items]
Revenues	$ 3	$ 2

Revenue (Contract Balances with

Revenue (Contract Balances with Customer) (Details) - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Abstract]
Contract assets	$ 168	$ 157
Receivables from Customers	637	463
Contract with Customer, Liability	$ 0	$ 0

Revenue (Costs to Obtain or Ful

Revenue (Costs to Obtain or Fulfill a Contract) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Revenue from Contract with Customer [Abstract]
Capitalized Contract Cost, Amortization	$ 7	$ 4

Commitments And Contingencies_2

Commitments And Contingencies (Lessee Disclosures) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Leases [Abstract]
Finance lease - 2022 (remainder)	$ 0
Finance lease - 2023	0
Finance lease - 2024	0
Finance lease - 2025	0
Finance lease - 2026	0
Finance lease - Thereafter	16
Total lease payment	16
Less: interest	(7)
Present value of lease liabilities - finance leases	9		$ 9
2022 (remainder)	37
2023	48
2024	47
2025	47
2026	46
Thereafter	794
Total lease payment	1,019
Less: interest	(469)
Present value of lease liabilities	$ 550
Operating Lease, Weighted Average Remaining Lease Term	22 years	23 years
Finance Lease, Weighted Average Remaining Lease Term	29 years	21 years
Operating cash flows from operating leases	$ (12)	$ (13)
Operating cash flows from finance leases	0	0
Financing cash flows from finance leases	0	0
Leased assets obtained in exchange for new finance lease liabilities	0	9
Leased assets obtained in exchange for new operating lease liabilities	$ 8	$ 5
Operating Lease, Weighted Average Discount Rate, Percent	6.00%	6.00%
Finance Lease, Weighted Average Discount Rate, Percent	4.00%	5.00%
Operating lease - 2022 (remainder)	$ 37
Operating lease - 2023	48
Operating lease - 2024	47
Operating lease - 2025	47
Operating lease - 2026	46
Operating lease - Thereafter	778
Total lease payment	1,003
Less: interest	(462)
Present value of lease liabilities - operating leases	$ 541

Commitments And Contingencies_3

Commitments And Contingencies (Lessor Disclosures) (Details)	Mar. 31, 2022
Lessor Disclosure [Abstract]
Lessor, Operating Lease, Term of Contract	5 years

Income Tax Expense (Details)

Income Tax Expense (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Income tax expense at statutory federal rate	$ 46	$ 33
Partnership earnings not subject to tax	(44)	(31)
State and local tax, net of federal benefit	1	1
Net income tax expense	$ 3	$ 3

Partners' Capital Narrative (De

Partners' Capital Narrative (Details) - shares	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021
Common Units
Schedule of Partners' Capital [Line Items]
Limited Partners' Capital Account, Units Outstanding	55,224,703
Common Units [Member]
Schedule of Partners' Capital [Line Items]
Limited Partners' Capital Account, Units Outstanding	83,688,670	83,670,950
Class C Units [Member]
Schedule of Partners' Capital [Line Items]
Limited Partners' Capital Account, Units Outstanding		16,410,780
Subsidiaries [Member] | Class C Units [Member]
Schedule of Partners' Capital [Line Items]
Limited Partners' Capital Account, Units Outstanding	16,410,780
Energy Transfer Operating, L.P. [Member]
Schedule of Partners' Capital [Line Items]
Percentage of Common Units Owned	28.40%
Energy Transfer Operating, L.P. [Member] | Common Units [Member]
Schedule of Partners' Capital [Line Items]
Limited Partners' Capital Account, Units Outstanding	28,463,967

Partners' Capital (Schedule of

Partners' Capital (Schedule of Common Units) (Details) - Common Units [Member]	3 Months Ended
	Mar. 31, 2022shares
Class of Stock [Line Items]
Number of common units at December 31, 2021	83,670,950
Vested phantom units exercised	17,720
Number of common units at March 31, 2022	83,688,670

Partners' Capital (Allocations

Partners' Capital (Allocations of Net Income) (Details) - Common Units [Member] - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Schedule of Partners' Capital [Line Items]
Distributions	$ 69	$ 69
Distributions in excess of income	(127)	(65)
Limited partners’ interest in net income	$ 196	$ 134

Partners' Capital (Cash Distrib

Partners' Capital (Cash Distributions) (Details) - USD ($) $ / shares in Units, $ in Millions	May 19, 2022	Feb. 18, 2022	Mar. 31, 2022	Mar. 31, 2021
Distribution Made To Managing Member Or General Partner [Line Items]
Per Unit Distribution (in dollars per unit)		$ 0.8255
Total Cash Distribution		$ 69	$ 88	$ 88
General Partner
Distribution Made To Managing Member Or General Partner [Line Items]
Total Cash Distribution		$ 18
Subsequent Event [Member]
Distribution Made To Managing Member Or General Partner [Line Items]
Per Unit Distribution (in dollars per unit)	$ 0.8255
Total Cash Distribution	$ 69
Subsequent Event [Member] | General Partner
Distribution Made To Managing Member Or General Partner [Line Items]
Total Cash Distribution	$ 18

Segment Reporting - Additional

Segment Reporting - Additional Information (Details)	3 Months Ended
	Mar. 31, 2022segment
Segment Reporting [Abstract]
Number of Operating Segments	2

Segment Reporting (Details)

Segment Reporting (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Revenues		$ 5,402	$ 3,471
Gross Profit	[1]	430	351
Operating Expenses		171	147
Operating income		259	204
Interest expense, net		(41)	(41)
Other income (expense), net		0	7
Income (loss) from operations before income taxes		219	157
Net income (loss) and comprehensive income (loss)		216	154
Depreciation, amortization and accretion		47	47
Non-cash unit-based compensation expense		5	4
Unrealized gain on commodity derivatives		9	5
Inventory adjustments		(120)	(100)
Equity in earnings of unconsolidated affiliate		(1)	(1)
Adjusted EBITDA related to unconsolidated affiliate		2	2
Other non-cash adjustments		7	5
Income tax expense		3	3
Adjusted EBITDA		191	157
Capital expenditures		26	18
Assets		6,605		$ 5,815
Fuel Distribution and Marketing [Member]
Segment Reporting Information [Line Items]
Revenues		5,200	3,299
All Other [Member]
Segment Reporting Information [Line Items]
Revenues		202	172
Motor Fuel Sales [Member]
Segment Reporting Information [Line Items]
Revenues		5,277	3,363
Gross Profit	[1]	339	281
Motor Fuel Sales [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Revenues		150	111
Non Motor Fuel Sales [Member]
Segment Reporting Information [Line Items]
Revenues		90	73
Lease Income [Member]
Segment Reporting Information [Line Items]
Revenues		35	35
Gross Profit	[1]	35	35
Lease Income [Member] | Fuel Distribution and Marketing [Member]
Segment Reporting Information [Line Items]
Revenues		32	33
Lease Income [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Revenues		3	2
Non Motor Fuel [Member]
Segment Reporting Information [Line Items]
Gross Profit	[1]	56	35
Non Motor Fuel [Member] | Fuel Distribution and Marketing [Member]
Segment Reporting Information [Line Items]
Revenues		41	14
Non Motor Fuel [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Revenues		49	59
Including Intercompany [Member] | Fuel Distribution and Marketing [Member]
Segment Reporting Information [Line Items]
Revenues			3,581
Including Intercompany [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Revenues			172
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenues		(536)	(282)
Intersegment Eliminations [Member] | Intersegment Sales [Member] | Fuel Distribution and Marketing [Member]
Segment Reporting Information [Line Items]
Revenues		536	282
Intersegment Eliminations [Member] | Intersegment Sales [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Revenues		0	0
Operating Segments [Member] | Fuel Distribution and Marketing [Member]
Segment Reporting Information [Line Items]
Revenues		5,736
Gross Profit	[1]	390	317
Operating Expenses		143	109
Operating income		247	208
Interest expense, net		(37)	(37)
Other income (expense), net		0	7
Income (loss) from operations before income taxes		211	165
Net income (loss) and comprehensive income (loss)		210	162
Depreciation, amortization and accretion		42	40
Non-cash unit-based compensation expense		5	4
Unrealized gain on commodity derivatives		(9)	(5)
Inventory adjustments		(120)	(100)
Equity in earnings of unconsolidated affiliate		(1)	(1)
Adjusted EBITDA related to unconsolidated affiliate		2	2
Other non-cash adjustments		7	5
Income tax expense		1	3
Adjusted EBITDA		174	153
Capital expenditures		24	17
Assets		5,565		4,825
Operating Segments [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Revenues		202
Gross Profit	[1]	40	34
Operating Expenses		28	38
Operating income		12	(4)
Interest expense, net		(4)	(4)
Other income (expense), net		0	0
Income (loss) from operations before income taxes		8	(8)
Net income (loss) and comprehensive income (loss)		6	(8)
Depreciation, amortization and accretion		5	7
Non-cash unit-based compensation expense		0	0
Unrealized gain on commodity derivatives		0	0
Inventory adjustments		0	0
Equity in earnings of unconsolidated affiliate		0	0
Adjusted EBITDA related to unconsolidated affiliate		0	0
Other non-cash adjustments		0	0
Income tax expense		2	0
Adjusted EBITDA		17	4
Capital expenditures		2	1
Assets		1,040		$ 990
Operating Segments [Member] | Motor Fuel Sales [Member] | Fuel Distribution and Marketing [Member]
Segment Reporting Information [Line Items]
Gross Profit	[1]	329	273
Operating Segments [Member] | Motor Fuel Sales [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Gross Profit	[1]	10	8
Operating Segments [Member] | Lease Income [Member] | Fuel Distribution and Marketing [Member]
Segment Reporting Information [Line Items]
Gross Profit	[1]	32	33
Operating Segments [Member] | Lease Income [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Gross Profit	[1]	3	2
Operating Segments [Member] | Non Motor Fuel [Member] | Fuel Distribution and Marketing [Member]
Segment Reporting Information [Line Items]
Gross Profit	[1]	29	11
Operating Segments [Member] | Non Motor Fuel [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Gross Profit	[1]	27	24
External Revenue [Member] | Motor Fuel Sales [Member]
Segment Reporting Information [Line Items]
Revenues		5,277	3,363
External Revenue [Member] | Motor Fuel Sales [Member] | Fuel Distribution and Marketing [Member]
Segment Reporting Information [Line Items]
Revenues		5,127	3,252
External Revenue [Member] | Motor Fuel Sales [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Revenues		150	111
External Revenue [Member] | Non Motor Fuel Sales [Member] | Fuel Distribution and Marketing [Member]
Segment Reporting Information [Line Items]
Revenues		41	14
External Revenue [Member] | Non Motor Fuel Sales [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Revenues		49	59
External Revenue [Member] | Lease Income [Member]
Segment Reporting Information [Line Items]
Revenues		35	35
External Revenue [Member] | Lease Income [Member] | Fuel Distribution and Marketing [Member]
Segment Reporting Information [Line Items]
Revenues		32	33
External Revenue [Member] | Lease Income [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Revenues		3	2
External Revenue [Member] | Non Motor Fuel [Member]
Segment Reporting Information [Line Items]
Revenues		$ 90	$ 73
[1]	Excludes depreciation, amortization and accretion.

Net Income per Unit (Details)

Net Income per Unit (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Earnings Per Share Basic [Line Items]
Net Income (Loss) Attributable to Parent	$ 216	$ 154
Incentive distribution rights	18	18
Distributions on nonvested phantom unit awards	$ 2	$ 2
Weighted average common units outstanding:
Common - basic (in shares)	83,682,902	83,342,828
Common - diluted (in shares)	84,729,202	84,141,261
Basic	$ 2.35	$ 1.61
Diluted	$ 2.32	$ 1.60
Common Units [Member]
Earnings Per Share Basic [Line Items]
Limited partners’ interest in net income	$ 196	$ 134
Weighted average common units outstanding:
Common - basic (in shares)	83,682,902	83,342,828
Common - equivalents (in shares)	1,046,300	798,433
Common - diluted (in shares)	84,729,202	84,141,261

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Millions	Mar. 31, 2022	Mar. 31, 2022	Mar. 31, 2021	Apr. 01, 2022
Subsequent Event [Line Items]
Other Payments to Acquire Businesses	$ 264	$ 264	$ 0
Subsequent Event [Member]
Subsequent Event [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities				$ 264