Sunoco (SUN) 10-Q 4 Aug 22 2022 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2022	Jul. 29, 2022
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 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	Q2
Amendment Flag	false
Common Units [Member]
Document Information [Line Items]
Entity Partnership Units Outstanding		83,763,300
Common Class C [Member]
Document Information [Line Items]
Entity Partnership Units Outstanding		16,410,780

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 168	$ 25
Accounts receivable, net	906	526
Receivables from affiliates	13	12
Inventories, net	757	534
Other current assets	334	95
Total current assets	2,178	1,192
Property and equipment	2,652	2,581
Accumulated depreciation	(976)	(914)
Property and equipment, net	1,676	1,667
Other assets:
Finance lease right-of-use assets, net	9	9
Operating lease right-of-use assets, net	516	517
Goodwill	1,587	1,568
Intangible assets	997	902
Accumulated amortization	(383)	(360)
Intangible assets, net	614	542
Other noncurrent assets	212	188
Investment in unconsolidated affiliate	131	132
Total assets	6,923	5,815
Current liabilities:
Accounts payable	995	515
Accounts payable to affiliates	171	59
Accrued expenses and other current liabilities	314	291
Operating lease current liabilities	19	19
Current maturities of long-term debt	0	6
Total current liabilities	1,499	890
Operating lease noncurrent liabilities	521	521
Revolving line of credit	869	581
Long-term debt, net	2,669	2,668
Advances from affiliates	118	126
Deferred tax liability	156	114
Other noncurrent liabilities	111	104
Total liabilities	5,943	5,004
Commitments and contingencies (Note 10)
Equity:
Total equity	980	811
Total liabilities and equity	$ 6,923	$ 5,815
Common Units [Member]
Current liabilities:
Limited Partners' Capital Account, Units Issued	83,762,266	83,670,950
Limited Partners' Capital Account, Units Outstanding	83,762,266	83,670,950
Equity:
Total equity	$ 980	$ 811
Class C Units [Member]
Current liabilities:
Limited Partners' Capital Account, Units Issued	16,410,780	16,410,780
Limited Partners' Capital Account, Units Outstanding	16,410,780	16,410,780
Equity:
Total equity	$ 0	$ 0

Consolidated Statements of Oper

Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenues:
Revenues	$ 7,815	$ 4,392	$ 13,217	$ 7,863
Cost of sales and operating expenses:
Cost of sales	7,470	4,039	12,442	7,159
General and administrative	30	27	57	51
Other operating	83	61	164	122
Lease expense	15	14	31	29
Gain on disposal of assets	(5)	(8)	(5)	(8)
Depreciation, amortization and accretion	49	43	96	90
Total cost of sales and operating expenses	7,642	4,176	12,785	7,443
Operating income	173	216	432	420
Interest expense, net	(45)	(43)	(86)	(84)
Equity in earnings of unconsolidated affiliate	1	1	2	2
Other income (expense), net	0	0	0	(7)
Income before income taxes	129	174	348	331
Income tax expense	8	8	11	11
Net income and comprehensive income	$ 121	$ 166	$ 337	$ 320
Net income (loss) per common unit:
Basic	$ 1.22	$ 1.76	$ 3.56	$ 3.37
Diluted	$ 1.20	$ 1.73	$ 3.52	$ 3.33
Weighted average common units outstanding:
Basic	83,737,613	83,350,567	83,710,409	83,346,719
Diluted	84,767,972	84,402,867	84,749,895	84,276,640
Cash distributions per unit	$ 0.8255	$ 0.8255	$ 1.6510	$ 1.6510
Common Units [Member]
Weighted average common units outstanding:
Basic	83,737,613	83,350,567	83,710,409	83,346,719
Diluted	84,767,972	84,402,867	84,749,895	84,276,640
Motor Fuel Sales [Member]
Revenues:
Revenues	$ 7,678	$ 4,292	$ 12,955	$ 7,655
Non Motor Fuel Sales [Member]
Revenues:
Revenues	102	66	192	139
Lease Income [Member]
Revenues:
Revenues	$ 35	$ 34	$ 70	$ 69

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, 2020	632
Partnership net income (loss)	320
Ending balance at Jun. 30, 2021	779
Beginning balance at Mar. 31, 2021	698
Cash distribution to unitholders	(88)
Unit-based compensation	3
Partnership net income (loss)	166
Ending balance at Jun. 30, 2021	779
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
Beginning balance at Dec. 31, 2021	811
Partnership net income (loss)	337
Ending balance at Jun. 30, 2022	980
Beginning balance at Mar. 31, 2022	944
Cash distribution to unitholders	(88)
Unit-based compensation	3
Partnership net income (loss)	121
Ending balance at Jun. 30, 2022	$ 980

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net income and comprehensive income	$ 337	$ 320
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and accretion	96	90
Amortization of deferred financing fees	2	4
Gain on disposal of assets	(5)	(8)
Other income (expense), net	0	7
Non-cash unit-based compensation expense	8	7
Deferred income tax	(42)	1
Inventory valuation adjustment	(121)	(159)
Equity in earnings of unconsolidated affiliate	(2)	(2)
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable, net	(341)	(199)
Receivables from affiliates	(1)	3
Inventories, net	6	53
Other assets	(217)	(56)
Accounts payable	414	263
Accounts payable to affiliates	112	(42)
Accrued expenses and other current liabilities	8	1
Other noncurrent liabilities	(1)	(6)
Net cash provided by operating activities	337	275
Cash flows from investing activities:
Capital expenditures	(55)	(48)
Distributions from unconsolidated affiliate in excess of cumulative earnings	3	3
Cash Acquired from Acquisition	(264)	0
Proceeds from disposal of property and equipment	11	14
Net cash used in investing activities	(305)	(31)
Cash flows from financing activities:
Payments on long-term debt	(1)	(439)
Revolver borrowings	2,335	851
Distributions to unitholders	(176)	(176)
Net cash provided by (used in) financing activities	111	(254)
Net increase (decrease) in cash and cash equivalents	143	(10)
Cash and cash equivalents at beginning of period	25	97
Cash and cash equivalents at end of period	168	87
Supplemental disclosure of non-cash investing activities:
Change in note payable to affiliate	(6)	6
Repayments of Lines of Credit	$ (2,047)	$ (490)

Organization and Principles of

Organization and Principles of Consolidation	6 Months Ended
	Jun. 30, 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 June 30, 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. On 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 acquisition increased intangible assets and goodwill by $96 million and $19 million, respectively. The remaining $149 million consisted of fixed assets of $72 million and working capital of $77 million. Management with the assistance of a third party valuation firm, determined the preliminary assessment of fair value of assets and liabilities at the date of the Gladieux Capital Partners, LLC acquisition. We determined the preliminary value of goodwill by giving consideration to various qualitative factors. Management is reviewing the valuation and confirming the results to determine the final purchase price allocation. As a result, adjustments to this preliminary allocation may occur in the future. Goodwill acquired in connection with the Gladieux Capital Partners, LLC acquis ition is deductible for tax purposes. 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	6 Months Ended
	Jun. 30, 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 June 30, 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 $72 million and $87 million for the three months ended June 30, 2022 and 2021, respectively, and $143 million and $164 million for the six months ended June 30, 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	6 Months Ended
	Jun. 30, 2022
Accounts Receivable, after Allowance for Credit Loss [Abstract]
Accounts Receivable, net	Accounts Receivable, net Accounts receivable, net, consisted of the following: June 30, December 31, (in millions) Accounts receivable, trade $ 745 $ 428 Credit card receivables 59 37 Vendor receivables for rebates and branding 43 35 Other receivables 61 28 Allowance for expected credit losses (2) (2) Accounts receivable, net $ 906 $ 526

Inventories, net

Inventories, net	6 Months Ended
	Jun. 30, 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 June 30, 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 $253 million higher than the fuel inventory balance as of June 30, 2022. For the three and six months ended June 30, 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 June 30, 2022 and 2021, the Partnership’s cost of sales included favorable inventory adjustments of $1 million and $59 million, respectively, and for the six months ended June 30, 2022 and 2021, the Partnership’s cost of sales included favorable inventory adjustments of $121 million and $159 million, respectively. Inventories, net, consisted of the following: June 30, December 31, (in millions) Fuel $ 746 $ 526 Other 11 8 Inventories, net $ 757 $ 534

Accrued Expenses and Other Curr

Accrued Expenses and Other Current Liabilities	6 Months Ended
	Jun. 30, 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: June 30, December 31, (in millions) Wage and other employee-related accrued expenses $ 19 $ 23 Accrued tax expense 162 152 Accrued insurance 23 22 Accrued interest expense 30 31 Dealer deposits 22 21 Accrued environmental expense 7 7 Other 51 35 Total $ 314 $ 291

Long-Term Debt

Long-Term Debt	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt Long-term debt consisted of the following: June 30, December 31, (in millions) Sale leaseback financing obligation $ 85 $ 91 Credit Facility 869 581 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 3,563 3,281 Less: current maturities — 6 Less: debt issuance costs 25 26 Long-term debt, net $ 3,538 $ 3,249 Revolving Credit Agreement 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 Facility”). The Credit Facility amended and restated the former revolving credit facility entered into on July 27, 2018 (the "2018 Revolver"). The Credit Facility is a $1.50 billion revolving credit facility, expiring April 7, 2027 (which date may be extended in accordance with the terms of the Credit Facility). The Credit Facility can be increased from time to time upon our written request, subject to certain conditions, up to an additional $500 million. As of June 30, 2022, the balance on the Credit Facility was $869 million, and $6 million in standby letters of credit were outstanding. The unused availability on the Credit Facility at June 30, 2022 was $0.6 billion. The weighted average interest rate on the total amount outstanding at June 30, 2022 was 3.48%. The Partnership was in compliance with all financial covenants at June 30, 2022. Fair Value of Debt

Other Noncurrent Liabilities (N

Other Noncurrent Liabilities (Notes)	6 Months Ended
	Jun. 30, 2022
Other Liabilities Disclosure [Abstract]
Other Liabilities Disclosure [Text Block]	Other Noncurrent Liabilities Other noncurrent liabilities consisted of the following: June 30, December 31, (in millions) Asset retirement obligations $ 81 $ 79 Accrued environmental expense, long-term 12 12 Other 18 13 Total $ 111 $ 104

Related-Party Transactions

Related-Party Transactions	6 Months Ended
	Jun. 30, 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 $131 million and $132 million as of June 30, 2022 and December 31, 2021, respectively. In addition, we recorded income on the unconsolidated joint venture of $1 million for both t he three months ended June 30, 2022 and 2021 and $2 million for both the six months ended June 30, 2022 and 2021. Summary of Transactions Related party transactions with affiliates for the three and six months ended June 30, 2022 and 2021 were as follows (in millions): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Motor fuel sales to affiliates $ 23 $ 7 $ 28 $ 9 Bulk fuel purchases from affiliates $ 703 $ 419 $ 1,243 $ 752 Significant affiliate balances and activity related to the consolidated balance sheets are as follows: • Net advances from affiliates were $118 million and $126 million as of June 30, 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 June 30, 2022 and December 31, 2021, respectively, which are primarily related to motor fuel sales to affiliates. • Net accounts payable to affiliates were $171 million and $59 million as of June 30, 2022 and December 31, 2021, respectively, attributable to operational expenses and bulk fuel purchases.

Revenue (Notes)

Revenue (Notes)	6 Months Ended
	Jun. 30, 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 June 30, Six Months Ended June 30, 2022 2021 2022 2021 (in millions) Fuel Distribution and Marketing Segment Distributor $ 3,346 $ 2,123 $ 5,753 $ 3,738 Dealer 1,427 903 2,481 1,582 Unbranded wholesale 2,193 744 3,456 1,412 Commission agent 515 369 918 659 Non motor fuel sales 41 16 82 30 Lease income 32 32 64 65 Total 7,554 4,187 12,754 7,486 All Other Segment Motor fuel 197 153 347 264 Non motor fuel sales 61 50 110 109 Lease income 3 2 6 4 Total 261 205 463 377 Total revenue $ 7,815 $ 4,392 $ 13,217 $ 7,863 Contract Balances with Customers The balances of the Partnership’s contract assets and contract liabilities as of June 30, 2022 and December 31, 2021 were as follows: June 30, 2022 December 31, 2021 (in millions) Contract balances Contract asset $ 182 $ 157 Accounts receivable from contracts with customers $ 802 $ 463 Contract liability $ — $ — For the three and six months ended June 30, 2022, the Partnership recognized $3 million and $10 million,

Commitments And Contingencies

Commitments And Contingencies	6 Months Ended
	Jun. 30, 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: June 30, Lease Term and Discount Rate 2022 2021 Weighted-average remaining lease term (years) Operating leases 23 23 Finance leases 28 29 Weighted-average discount rate (%) Operating leases 6 % 6 % Finance leases 4 % 4 % Six Months Ended June 30, Other information 2022 2021 (in millions) Cash paid for amount included in the measurement of lease liabilities Operating cash flows from operating leases $ (24) $ (25) Operating cash flows from finance leases $ — $ (1) 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 $ 11 $ 1 Maturity of lease liabilities (as of June 30, 2022) Operating leases Finance leases Total (in millions) 2022 (remainder) $ 25 $ — $ 25 2023 48 — 48 2024 47 — 47 2025 47 — 47 2026 46 — 46 Thereafter 783 15 798 Total lease payment 996 15 1,011 Less: interest 456 6 462 Present value of lease liabilities $ 540 $ 9 $ 549 Lessor Accounting The Partnership leases or subleases a portion of its real estate portfolio to third party companies as a stable source of long-term revenue. Our lessor and sublease portfolio consists mainly of operating leases with convenience store operators. At this time, most

Income Tax Expense

Income Tax Expense	6 Months Ended
	Jun. 30, 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 June 30, Six Months Ended June 30, 2022 2021 2022 2021 (in millions) Income tax expense at statutory federal rate $ 27 $ 37 $ 73 $ 69 Partnership earnings not subject to tax (22) (30) (66) (61) State and local tax, net of federal benefit 2 2 3 3 Other 1 (1) 1 — Net income tax expense $ 8 $ 8 $ 11 $ 11

Partners' Capital

Partners' Capital	6 Months Ended
	Jun. 30, 2022
Partners' Capital [Abstract]
Partners' Capital	Equity As of June 30, 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 June 30, 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 55,298,299 common units. Common Units The change in our outstanding common units for the six months ended June 30, 2022 was as follows: Number of Units Number of common units at December 31, 2021 83,670,950 Vested phantom units exercised 91,316 Number of common units at June 30, 2022 83,762,266 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 June 30, Six Months Ended June 30, 2022 2021 2022 2021 Attributable to Common Units Distributions $ 69 $ 69 $ 138 $ 138 Distributions less than net income 33 78 160 143 Limited partners' interest in net income $ 102 $ 147 $ 298 $ 281 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) August 19, 2022 $ 0.8255 $ 69 $ 18 May 19, 2022 $ 0.8255 $ 69 $ 18 February 18, 2022 $ 0.8255 $ 69 $ 18

Segment Reporting

Segment Reporting	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	Segment Reporting Our consolidated 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 and six months ended June 30, 2022 and 2021: Three Months Ended June 30, 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 $ 7,481 $ 197 $ 7,678 $ 4,139 $ 153 $ 4,292 Non motor fuel sales 41 61 102 16 50 66 Lease income 32 3 35 32 2 34 Intersegment sales 161 — (161) — 107 — (107) — Total revenue $ 7,715 $ 261 $ (161) $ 7,815 $ 4,294 $ 205 $ (107) 4,392 Net income and comprehensive income $ 121 $ 166 Depreciation, amortization and accretion 49 43 Interest expense, net 45 43 Income tax expense 8 8 Non-cash unit-based compensation expense 3 3 Gain on disposal of assets (5) (8) Unrealized gain on commodity derivatives (11) (2) Inventory adjustments (1) (59) Equity in earnings of unconsolidated affiliate (1) (1) Adjusted EBITDA related to unconsolidated affiliate 3 2 Other non-cash adjustments 3 6 Adjusted EBITDA $ 200 $ 14 $ 214 $ 191 $ 10 $ 201 Capital expenditures $ 23 $ 6 $ 29 $ 28 $ 2 $ 30 Total assets as of June 30, 2022 and December 31, 2021, respectively $ 5,833 $ 1,090 $ 6,923 $ 4,825 $ 990 $ 5,815 ________________________________ Six Months Ended June 30, 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 $ 12,608 $ 347 $ 12,955 $ 7,391 $ 264 $ 7,655 Non motor fuel sales 82 110 192 30 109 139 Lease income 64 6 70 65 4 69 Intersegment sales 277 — (277) — 182 — (182) — Total revenue $ 13,031 $ 463 $ (277) $ 13,217 $ 7,668 $ 377 $ (182) $ 7,863 Net income and $ 337 $ 320 Depreciation, amortization and accretion 96 90 Interest expense, net 86 84 Income tax expense 11 11 Non-cash unit-based compensation expense 8 7 Gain on disposal of assets and impairment charges (5) (8) Loss on extinguishment of debt — 7 Unrealized gain on commodity derivatives (20) (7) Inventory adjustments (121) (159) Equity in earnings of unconsolidated affiliate (2) (2) Adjusted EBITDA related to unconsolidated affiliate 5 4 Other non-cash adjustments 10 11 Adjusted EBITDA $ 374 $ 31 $ 405 $ 344 $ 14 $ 358 Capital expenditures $ 46 $ 9 $ 55 $ 45 $ 3 $ 48 Total assets as of June 30, 2022 and December 31, 2021, respectively $ 5,833 $ 1,090 $ 6,923 $ 4,825 $ 990 $ 5,815 ________________________________

Net Income per Unit

Net Income per Unit	6 Months Ended
	Jun. 30, 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 June 30, Six Months Ended June 30, 2022 2021 2022 2021 (in millions, except units and per unit amounts) Net income and comprehensive income $ 121 $ 166 $ 337 $ 320 Less: Incentive distribution rights 18 18 36 36 Distributions on nonvested phantom unit awards 1 1 3 3 Limited partners ’ interest in net income $ 102 $ 147 $ 298 $ 281 Weighted average common units outstanding: Basic 83,737,613 83,350,567 83,710,409 83,346,719 Dilutive effect of nonvested phantom unit awards 1,030,359 1,052,300 1,039,486 929,921 Diluted 84,767,972 84,402,867 84,749,895 84,276,640 Net income per common unit: Basic $ 1.22 $ 1.76 $ 3.56 $ 3.37 Diluted $ 1.20 $ 1.73 $ 3.52 $ 3.33

Organization and Principles o_2

Organization and Principles of Consolidation Organization and Principles of Consolidation (Policies)	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Significant Accounting Policies [Text Block]	On 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 acquisition increased intangible assets and goodwill by $96 million and $19 million, respectively. The remaining $149 million consisted of fixed assets of $72 million and working capital of $77 million. Management with the assistance of a third party valuation firm, determined the preliminary assessment of fair value of assets and liabilities at the date of the Gladieux Capital Partners, LLC acquisition. We determined the preliminary value of goodwill by giving consideration to various qualitative factors. Management is reviewing the valuation and confirming the results to determine the final purchase price allocation. As a result, adjustments to this preliminary allocation may occur in the future. Goodwill acquired in connection with the Gladieux Capital Partners, LLC acquis ition is deductible for tax purposes. 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)	6 Months Ended
	Jun. 30, 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 June 30, 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 $72 million and $87 million for the three months ended June 30, 2022 and 2021, respectively, and $143 million and $164 million for the six months ended June 30, 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)	6 Months Ended
	Jun. 30, 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 June 30, 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 $253 million higher than the fuel inventory balance as of June 30, 2022. For the three and six months ended June 30, 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 June 30, 2022 and 2021, the Partnership’s cost of sales included favorable inventory adjustments of $1 million and $59 million, respectively, and for the six months ended June 30, 2022 and 2021, the Partnership’s cost of sales included favorable inventory adjustments of $121 million and $159 million, respectively.

Revenue from Contract with Cust

Revenue from Contract with Customer (Policies)	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue	Contract Balances with CustomersCosts to Obtain or Fulfill a Contract For the three and six months ended June 30, 2022, the Partnership recognized $3 million and $10 million,

Partners' Capital Partners' Cap

Partners' Capital Partners' Capital (Policies)	6 Months Ended
	Jun. 30, 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)	6 Months Ended
	Jun. 30, 2022
Accounts Receivable, after Allowance for Credit Loss [Abstract]
Schedule of Accounts Receivable	Accounts receivable, net, consisted of the following: June 30, December 31, (in millions) Accounts receivable, trade $ 745 $ 428 Credit card receivables 59 37 Vendor receivables for rebates and branding 43 35 Other receivables 61 28 Allowance for expected credit losses (2) (2) Accounts receivable, net $ 906 $ 526

Inventories, net (Tables)

Inventories, net (Tables)	6 Months Ended
	Jun. 30, 2022
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories, net, consisted of the following: June 30, December 31, (in millions) Fuel $ 746 $ 526 Other 11 8 Inventories, net $ 757 $ 534

Accrued Expenses and Other Cu_2

Accrued Expenses and Other Current Liabilities (Tables)	6 Months Ended
	Jun. 30, 2022
Accrued Expenses And Other Current Liabilities [Abstract]
Schedule of Accrued Liabilities	Accrued expenses and other current liabilities consisted of the following: June 30, December 31, (in millions) Wage and other employee-related accrued expenses $ 19 $ 23 Accrued tax expense 162 152 Accrued insurance 23 22 Accrued interest expense 30 31 Dealer deposits 22 21 Accrued environmental expense 7 7 Other 51 35 Total $ 314 $ 291

Long-Term Debt (Tables)

Long-Term Debt (Tables)	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Schedule of Long-term Debt	Long-term debt consisted of the following: June 30, December 31, (in millions) Sale leaseback financing obligation $ 85 $ 91 Credit Facility 869 581 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 3,563 3,281 Less: current maturities — 6 Less: debt issuance costs 25 26 Long-term debt, net $ 3,538 $ 3,249

Other Noncurrent Liabilities (T

Other Noncurrent Liabilities (Tables)	6 Months Ended
	Jun. 30, 2022
Other Liabilities Disclosure [Abstract]
Other Noncurrent Liabilities [Table Text Block]	June 30, December 31, (in millions) Asset retirement obligations $ 81 $ 79 Accrued environmental expense, long-term 12 12 Other 18 13 Total $ 111 $ 104

Related-Party Transactions (Tab

Related-Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2022
Related Party Transactions [Abstract]
Schedule of Related Party Transactions [Table Text Block]	Related party transactions with affiliates for the three and six months ended June 30, 2022 and 2021 were as follows (in millions): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Motor fuel sales to affiliates $ 23 $ 7 $ 28 $ 9 Bulk fuel purchases from affiliates $ 703 $ 419 $ 1,243 $ 752

Revenue (Tables)

Revenue (Tables)	6 Months Ended
	Jun. 30, 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 June 30, Six Months Ended June 30, 2022 2021 2022 2021 (in millions) Fuel Distribution and Marketing Segment Distributor $ 3,346 $ 2,123 $ 5,753 $ 3,738 Dealer 1,427 903 2,481 1,582 Unbranded wholesale 2,193 744 3,456 1,412 Commission agent 515 369 918 659 Non motor fuel sales 41 16 82 30 Lease income 32 32 64 65 Total 7,554 4,187 12,754 7,486 All Other Segment Motor fuel 197 153 347 264 Non motor fuel sales 61 50 110 109 Lease income 3 2 6 4 Total 261 205 463 377 Total revenue $ 7,815 $ 4,392 $ 13,217 $ 7,863
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 June 30, 2022 and December 31, 2021 were as follows: June 30, 2022 December 31, 2021 (in millions) Contract balances Contract asset $ 182 $ 157 Accounts receivable from contracts with customers $ 802 $ 463 Contract liability $ — $ —

Commitments And Contingencies (

Commitments And Contingencies (Tables)	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Lease, Cost [Table Text Block]	The details of the Partnership's operating and finance lease liabilities are as follows: June 30, Lease Term and Discount Rate 2022 2021 Weighted-average remaining lease term (years) Operating leases 23 23 Finance leases 28 29 Weighted-average discount rate (%) Operating leases 6 % 6 % Finance leases 4 % 4 % Six Months Ended June 30, Other information 2022 2021 (in millions) Cash paid for amount included in the measurement of lease liabilities Operating cash flows from operating leases $ (24) $ (25) Operating cash flows from finance leases $ — $ (1) 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 $ 11 $ 1
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	Maturity of lease liabilities (as of June 30, 2022) Operating leases Finance leases Total (in millions) 2022 (remainder) $ 25 $ — $ 25 2023 48 — 48 2024 47 — 47 2025 47 — 47 2026 46 — 46 Thereafter 783 15 798 Total lease payment 996 15 1,011 Less: interest 456 6 462 Present value of lease liabilities $ 540 $ 9 $ 549

Income Tax Expense (Tables)

Income Tax Expense (Tables)	6 Months Ended
	Jun. 30, 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 June 30, Six Months Ended June 30, 2022 2021 2022 2021 (in millions) Income tax expense at statutory federal rate $ 27 $ 37 $ 73 $ 69 Partnership earnings not subject to tax (22) (30) (66) (61) State and local tax, net of federal benefit 2 2 3 3 Other 1 (1) 1 — Net income tax expense $ 8 $ 8 $ 11 $ 11

Partners' Capital (Tables)

Partners' Capital (Tables)	6 Months Ended
	Jun. 30, 2022
Partners' Capital [Abstract]
Schedule of Common Units	The change in our outstanding common units for the six months ended June 30, 2022 was as follows: Number of Units Number of common units at December 31, 2021 83,670,950 Vested phantom units exercised 91,316 Number of common units at June 30, 2022 83,762,266
Schedule of Net Income Allocation By Partners	The calculation of net income allocated to the partners was as follows (in millions): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Attributable to Common Units Distributions $ 69 $ 69 $ 138 $ 138 Distributions less than net income 33 78 160 143 Limited partners' interest in net income $ 102 $ 147 $ 298 $ 281
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) August 19, 2022 $ 0.8255 $ 69 $ 18 May 19, 2022 $ 0.8255 $ 69 $ 18 February 18, 2022 $ 0.8255 $ 69 $ 18

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended June 30, 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 $ 7,481 $ 197 $ 7,678 $ 4,139 $ 153 $ 4,292 Non motor fuel sales 41 61 102 16 50 66 Lease income 32 3 35 32 2 34 Intersegment sales 161 — (161) — 107 — (107) — Total revenue $ 7,715 $ 261 $ (161) $ 7,815 $ 4,294 $ 205 $ (107) 4,392 Net income and comprehensive income $ 121 $ 166 Depreciation, amortization and accretion 49 43 Interest expense, net 45 43 Income tax expense 8 8 Non-cash unit-based compensation expense 3 3 Gain on disposal of assets (5) (8) Unrealized gain on commodity derivatives (11) (2) Inventory adjustments (1) (59) Equity in earnings of unconsolidated affiliate (1) (1) Adjusted EBITDA related to unconsolidated affiliate 3 2 Other non-cash adjustments 3 6 Adjusted EBITDA $ 200 $ 14 $ 214 $ 191 $ 10 $ 201 Capital expenditures $ 23 $ 6 $ 29 $ 28 $ 2 $ 30 Total assets as of June 30, 2022 and December 31, 2021, respectively $ 5,833 $ 1,090 $ 6,923 $ 4,825 $ 990 $ 5,815 ________________________________ Six Months Ended June 30, 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 $ 12,608 $ 347 $ 12,955 $ 7,391 $ 264 $ 7,655 Non motor fuel sales 82 110 192 30 109 139 Lease income 64 6 70 65 4 69 Intersegment sales 277 — (277) — 182 — (182) — Total revenue $ 13,031 $ 463 $ (277) $ 13,217 $ 7,668 $ 377 $ (182) $ 7,863 Net income and $ 337 $ 320 Depreciation, amortization and accretion 96 90 Interest expense, net 86 84 Income tax expense 11 11 Non-cash unit-based compensation expense 8 7 Gain on disposal of assets and impairment charges (5) (8) Loss on extinguishment of debt — 7 Unrealized gain on commodity derivatives (20) (7) Inventory adjustments (121) (159) Equity in earnings of unconsolidated affiliate (2) (2) Adjusted EBITDA related to unconsolidated affiliate 5 4 Other non-cash adjustments 10 11 Adjusted EBITDA $ 374 $ 31 $ 405 $ 344 $ 14 $ 358 Capital expenditures $ 46 $ 9 $ 55 $ 45 $ 3 $ 48 Total assets as of June 30, 2022 and December 31, 2021, respectively $ 5,833 $ 1,090 $ 6,923 $ 4,825 $ 990 $ 5,815 ________________________________

Net Income per Unit (Tables)

Net Income per Unit (Tables)	6 Months Ended
	Jun. 30, 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 June 30, Six Months Ended June 30, 2022 2021 2022 2021 (in millions, except units and per unit amounts) Net income and comprehensive income $ 121 $ 166 $ 337 $ 320 Less: Incentive distribution rights 18 18 36 36 Distributions on nonvested phantom unit awards 1 1 3 3 Limited partners ’ interest in net income $ 102 $ 147 $ 298 $ 281 Weighted average common units outstanding: Basic 83,737,613 83,350,567 83,710,409 83,346,719 Dilutive effect of nonvested phantom unit awards 1,030,359 1,052,300 1,039,486 929,921 Diluted 84,767,972 84,402,867 84,749,895 84,276,640 Net income per common unit: Basic $ 1.22 $ 1.76 $ 3.56 $ 3.37 Diluted $ 1.20 $ 1.73 $ 3.52 $ 3.33

Organization and Principles o_3

Organization and Principles of Consolidation - Additional Information (Details) - USD ($) $ in Millions		3 Months Ended
	Apr. 01, 2022	Jun. 30, 2022	Dec. 31, 2021
Common Units [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Limited Partners' Capital Account, Units Outstanding		83,762,266	83,670,950
Gladieux Capital Partners, LLC
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Other Payments to Acquire Businesses	$ 264
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	96
Goodwill, Acquired During Period	19
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets	149
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	72
Gladieux Capital Partners, LLC | Working Capital
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	$ 77
Energy Transfer Operating, L.P. [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Percentage of Common Units Owned		28.40%
Energy Transfer Operating, L.P. [Member] | Common Units [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Limited Partners' Capital Account, Units Outstanding		28,463,967

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Accounting Policies [Abstract]
Motor fuel and sales taxes	$ 72	$ 87	$ 143	$ 164

Accounts Receivable, net (Detai

Accounts Receivable, net (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for expected credit losses	$ (2)	$ (2)
Accounts receivable, net	906	526
Trade Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, gross, current	745	428
Credit Card Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, gross, current	59	37
Vendor Receivables For Rebates Branding And Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, gross, current	43	35
Other Receivables [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, gross, current	$ 61	$ 28

Inventories, net - Additional I

Inventories, net - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Inventory Disclosure [Abstract]
Inventory Adjustments	$ 0		$ 0		$ 121
Inventory valuation adjustment	(1)	$ (59)	121	$ 159
Excess of Replacement or Current Costs over Stated LIFO Value	$ 253		$ 253

Inventories, net (Details)

Inventories, net (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Inventory Disclosure [Abstract]
Fuel	$ 746	$ 526
Other	11	8
Inventories, net	$ 757	$ 534

Accrued Expenses and Other Cu_3

Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Accrued Expenses And Other Current Liabilities [Abstract]
Wage and other employee-related accrued expenses	$ 19	$ 23
Accrued tax expense	162	152
Accrued insurance	23	22
Accrued interest expense	30	31
Dealer deposits	22	21
Accrued environmental expense	7	7
Other	51	35
Total	$ 314	$ 291

Long-Term Debt (Details)

Long-Term Debt (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Credit Facility	$ 869	$ 581
Finance leases	9	9
Total debt	3,563	3,281
Less: current maturities	0	6
Less: debt issuance costs	25	26
Long-term debt, net	3,538	3,249
Sales leaseback financial obligation
Debt Instrument [Line Items]
Sale leaseback financing obligation	85	91
Two Thousand Eighteen Revolver [Member] | Revolving Credit Agreement [Member]
Debt Instrument [Line Items]
Credit Facility	$ 869	581
Four Point Eight Seven Five Percentage Senior Notes Due Two Thousand Twenty Three [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	6%
Senior Notes	$ 600	600
Five Point Five Zero Zero Percentage Senior Notes Due Two Thousand Twenty Six [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	5.875%
Senior Notes	$ 400	400
Six Percentage Senior Notes Due Two Thousand Twenty Seven [Member] | Senior Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Stated Percentage	4.50%
Senior Notes	$ 800	800
Five Point Eight Seven Five Percentage Senior Notes Due Two Thousand Twenty Eight [Member] | Senior Notes [Member]
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	Jun. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Revolving line of credit	$ 869	$ 581
Line of Credit Facility, Maximum Borrowing Capacity	1,500
Accordion feature of line of credit
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	500
Revolving Credit Agreement [Member] | Two Thousand Eighteen Revolver [Member]
Debt Instrument [Line Items]
Revolving line of credit	869	$ 581
Letters of Credit Outstanding, Amount	6
Debt Instrument, Unused Borrowing Capacity, Amount	$ 600
Debt, Weighted Average Interest Rate	3.48%

Long-Term Debt Fair Value Measu

Long-Term Debt Fair Value Measurements (Details) $ in Billions	Jun. 30, 2022 USD ($)
Fair Value Measurements [Abstract]
Long-term Debt, Fair Value	$ 3.2

Other Noncurrent Liabilities (D

Other Noncurrent Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Other Liabilities Disclosure [Abstract]
Reserve for underground storage tank removal	$ 81	$ 79
Accrued environmental expense, long-term	12	12
Other	18	13
Other noncurrent liabilities	$ 111	$ 104

Related-Party Transactions (Det

Related-Party Transactions (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Related Party Transaction [Line Items]
Investment in unconsolidated affiliate	$ 131		$ 131		$ 132
Equity in earnings of unconsolidated affiliate	1	$ 1	2	$ 2
Advances from affiliates	118		118		126
Receivables from affiliates	13		13		12
Accounts payable to affiliates	171		171		$ 59
Wholesale motor fuel sales to affiliates [Member]
Related Party Transaction [Line Items]
Revenue from Related Parties	23	7	28	9
Wholesale Motor Fuel [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Purchases from Related Party	$ 703	$ 419	$ 1,243	$ 752

Revenue (Disaggregation of Reve

Revenue (Disaggregation of Revenue) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Disaggregation of Revenue [Line Items]
Revenues	$ 7,815	$ 4,392	$ 13,217	$ 7,863
Motor Fuel Sales [Member]
Disaggregation of Revenue [Line Items]
Revenues	7,678	4,292	12,955	7,655
Lease Income [Member]
Disaggregation of Revenue [Line Items]
Revenues	35	34	70	69
Fuel Distribution and Marketing [Member]
Disaggregation of Revenue [Line Items]
Revenues	7,554	4,187	12,754	7,486
Fuel Distribution and Marketing [Member] | Dealer Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenues	3,346	2,123	5,753	3,738
Fuel Distribution and Marketing [Member] | Distributor Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenues	1,427	903	2,481	1,582
Fuel Distribution and Marketing [Member] | Unbranded Wholesale Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenues	2,193	744	3,456	1,412
Fuel Distribution and Marketing [Member] | Commission Agent Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenues	515	369	918	659
Fuel Distribution and Marketing [Member] | Non Motor Fuel [Member]
Disaggregation of Revenue [Line Items]
Revenues	41	16	82	30
Fuel Distribution and Marketing [Member] | Lease Income [Member]
Disaggregation of Revenue [Line Items]
Revenues	32	32	64	65
All Other [Member]
Disaggregation of Revenue [Line Items]
Revenues	261	205	463	377
All Other [Member] | Motor Fuel Sales [Member]
Disaggregation of Revenue [Line Items]
Revenues	197	153	347	264
All Other [Member] | Non Motor Fuel [Member]
Disaggregation of Revenue [Line Items]
Revenues	61	50	110	109
All Other [Member] | Lease Income [Member]
Disaggregation of Revenue [Line Items]
Revenues	$ 3	$ 2	$ 6	$ 4

Revenue (Contract Balances with

Revenue (Contract Balances with Customer) (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Contract with Customer, Contract Asset, Contract Liability, and Receivable [Abstract]
Contract asset	$ 182	$ 157
Receivables from Customers	802	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		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
Capitalized Contract Cost, Amortization	$ 3	$ 5	$ 10	$ 9

Commitments And Contingencies_2

Commitments And Contingencies (Lessee Disclosures) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2022	Dec. 31, 2021
Lease Term and Discount Rate [Abstract]
Operating Lease, Weighted Average Remaining Lease Term	23 years	23 years
Finance Lease, Weighted Average Remaining Lease Term	29 years	28 years
Operating Lease, Weighted Average Discount Rate, Percent	6%	6%
Finance Lease, Weighted Average Discount Rate, Percent	4%	4%
Cash Flow, Operating Activities, Lessee [Abstract]
Operating cash flows from operating leases	$ (25)	$ (24)
Operating cash flows from finance leases	(1)	0
Financing cash flows from finance leases	0	0
Leased assets obtained in exchange for new finance lease liabilities	9	0
Leased assets obtained in exchange for new operating lease liabilities	$ 1	11
Lessee, Operating Lease, Liability, Payment, Due, Rolling Maturity [Abstract]
Operating lease - 2022 (remainder)		25
Operating lease - 2023		48
Operating lease - 2024		47
Operating lease - 2025		47
Operating lease - 2026		46
Operating lease - Thereafter		783
Total lease payment		996
Less: interest		(456)
Present value of lease liabilities - operating leases		540
Finance Lease, Liability, Payment, Due, Rolling Maturity [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		15
Total lease payment		15
Less: interest		(6)
Present value of lease liabilities - finance leases		9	$ 9
Maturity of lease liabilities [Abstract]
2022 (remainder)		25
2023		48
2024		47
2025		47
2026		46
Thereafter		798
Total lease payment		1,011
Less: interest		(462)
Present value of lease liabilities		$ 549

Commitments And Contingencies_3

Commitments And Contingencies (Lessor Disclosures) (Details)	Jun. 30, 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		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Income tax expense at statutory federal rate	$ 27	$ 37	$ 73	$ 69
Partnership earnings not subject to tax	(22)	(30)	(66)	(61)
State and local tax, net of federal benefit	2	2	3	3
Other	1	(1)	1	0
Net income tax expense	$ 8	$ 8	$ 11	$ 11
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			21%

Partners' Capital Narrative (De

Partners' Capital Narrative (Details) - shares	3 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Common Units
Schedule of Partners' Capital [Line Items]
Limited Partners' Capital Account, Units Outstanding	55,298,299
Common Units [Member]
Schedule of Partners' Capital [Line Items]
Limited Partners' Capital Account, Units Outstanding	83,762,266	83,670,950
Class C Units [Member]
Schedule of Partners' Capital [Line Items]
Limited Partners' Capital Account, Units Outstanding	16,410,780	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]	6 Months Ended
	Jun. 30, 2022 shares
Class of Stock [Line Items]
Number of common units at December 31, 2021	83,670,950
Vested phantom units exercised	91,316
Number of common units at June 30, 2022	83,762,266

Partners' Capital (Allocations

Partners' Capital (Allocations of Net Income) (Details) - Common Units [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Schedule of Partners' Capital [Line Items]
Distributions	$ 69	$ 69	$ 138	$ 138
Distributions in excess of income	(33)	(78)	(160)	(143)
Limited partners’ interest in net income	$ 102	$ 147	$ 298	$ 281

Partners' Capital (Cash Distrib

Partners' Capital (Cash Distributions) (Details) - USD ($) $ / shares in Units, $ in Millions				6 Months Ended
	Aug. 19, 2022	May 19, 2022	Feb. 18, 2022	Jun. 30, 2022	Jun. 30, 2021
Distribution Made To Managing Member Or General Partner [Line Items]
Per Unit Distribution (in dollars per unit)		$ 0.8255	$ 0.8255
Total Cash Distribution		$ 69	$ 69	$ 176	$ 176
General Partner
Distribution Made To Managing Member Or General Partner [Line Items]
Total Cash Distribution		$ 18	$ 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)	6 Months Ended
	Jun. 30, 2022 segment
Segment Reporting [Abstract]
Number of Operating Segments	2

Segment Reporting (Details)

Segment Reporting (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Segment Reporting Information [Line Items]
Revenues	$ 7,815	$ 4,392	$ 13,217	$ 7,863
Operating income	173	216	432	420
Interest expense, net	(45)	(43)	(86)	(84)
Other income (expense), net	0	0	0	7
Income (loss) from operations before income taxes	129	174	348	331
Net income and comprehensive income	121	166	337	320
Depreciation, amortization and accretion	49	43	96	90
Non-cash unit-based compensation expense	3	3	8	7
Gain on disposal of assets	(5)	(8)	(5)	(8)
Unrealized gain on commodity derivatives	11	2	20	7
Inventory adjustments	(1)	(59)	(121)	(159)
Equity in earnings of unconsolidated affiliate	(1)	(1)	(2)	(2)
Adjusted EBITDA related to unconsolidated affiliate	3	2	5	4
Other non-cash adjustments	3	6	10	11
Income tax expense	8	8	11	11
Adjusted EBITDA	214	201	405	358
Capital expenditures	29	30	55	48
Assets	6,923		6,923		$ 5,815
Gross Revenue
Segment Reporting Information [Line Items]
Revenues	7,815	4,392	13,217	7,863
Intersegment Revenue Not Eliminated
Segment Reporting Information [Line Items]
Revenues	0	0	0	0
Fuel Distribution and Marketing [Member]
Segment Reporting Information [Line Items]
Revenues	7,554	4,187	12,754	7,486
Adjusted EBITDA	200	191	374	344
Capital expenditures	23	28	46	45
Assets	5,833		5,833		4,825
Fuel Distribution and Marketing [Member] | Gross Revenue
Segment Reporting Information [Line Items]
Revenues	7,715	4,294	13,031	7,668
All Other [Member]
Segment Reporting Information [Line Items]
Revenues	261	205	463	377
Adjusted EBITDA	14	10	31	14
Capital expenditures	6	2	9	3
Assets	1,090		1,090		$ 990
All Other [Member] | Gross Revenue
Segment Reporting Information [Line Items]
Revenues	261	205	463	377
Motor Fuel Sales [Member]
Segment Reporting Information [Line Items]
Revenues	7,678	4,292	12,955	7,655
Motor Fuel Sales [Member] | Gross Revenue
Segment Reporting Information [Line Items]
Revenues	7,678	4,292	12,955	7,655
Motor Fuel Sales [Member] | Fuel Distribution and Marketing [Member] | Gross Revenue
Segment Reporting Information [Line Items]
Revenues	7,481	4,139	12,608	7,391
Motor Fuel Sales [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Revenues	197	153	347	264
Motor Fuel Sales [Member] | All Other [Member] | Gross Revenue
Segment Reporting Information [Line Items]
Revenues	197	153	347	264
Non Motor Fuel Sales [Member]
Segment Reporting Information [Line Items]
Revenues	102	66	192	139
Non Motor Fuel Sales [Member] | Gross Revenue
Segment Reporting Information [Line Items]
Revenues	102	66	192	139
Non Motor Fuel Sales [Member] | Fuel Distribution and Marketing [Member] | Gross Revenue
Segment Reporting Information [Line Items]
Revenues	41	16	82	30
Non Motor Fuel Sales [Member] | All Other [Member] | Gross Revenue
Segment Reporting Information [Line Items]
Revenues	61	50	110	109
Lease Income [Member]
Segment Reporting Information [Line Items]
Revenues	35	34	70	69
Lease Income [Member] | Gross Revenue
Segment Reporting Information [Line Items]
Revenues	35	34	70	69
Lease Income [Member] | Fuel Distribution and Marketing [Member]
Segment Reporting Information [Line Items]
Revenues	32	32	64	65
Lease Income [Member] | Fuel Distribution and Marketing [Member] | Gross Revenue
Segment Reporting Information [Line Items]
Revenues	32	32	64	65
Lease Income [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Revenues	3	2	6	4
Lease Income [Member] | All Other [Member] | Gross Revenue
Segment Reporting Information [Line Items]
Revenues	3	2	6	4
Non Motor Fuel [Member] | Fuel Distribution and Marketing [Member]
Segment Reporting Information [Line Items]
Revenues	41	16	82	30
Non Motor Fuel [Member] | All Other [Member]
Segment Reporting Information [Line Items]
Revenues	61	50	110	109
Consolidation, Eliminations | Gross Revenue
Segment Reporting Information [Line Items]
Revenues	(161)	(107)	(277)	(182)
Consolidation, Eliminations | Fuel Distribution and Marketing [Member] | Gross Revenue
Segment Reporting Information [Line Items]
Revenues	161	107	277	182
Consolidation, Eliminations | All Other [Member] | Gross Revenue
Segment Reporting Information [Line Items]
Revenues	$ 0	$ 0	$ 0	$ 0

Net Income per Unit (Details)

Net Income per Unit (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share Basic [Line Items]
Net Income (Loss) Attributable to Parent	$ 121	$ 216	$ 166	$ 154	$ 337	$ 320
Incentive distribution rights	18		18		36	36
Distributions on nonvested phantom unit awards	$ 1		$ 1		$ 3	$ 3
Weighted average common units outstanding:
Common - basic (in shares)	83,737,613		83,350,567		83,710,409	83,346,719
Common - diluted (in shares)	84,767,972		84,402,867		84,749,895	84,276,640
Basic	$ 1.22		$ 1.76		$ 3.56	$ 3.37
Diluted	$ 1.20		$ 1.73		$ 3.52	$ 3.33
Common Units [Member]
Earnings Per Share Basic [Line Items]
Limited partners’ interest in net income	$ 102		$ 147		$ 298	$ 281
Weighted average common units outstanding:
Common - basic (in shares)	83,737,613		83,350,567		83,710,409	83,346,719
Common - equivalents (in shares)	1,030,359		1,052,300		1,039,486	929,921
Common - diluted (in shares)	84,767,972		84,402,867		84,749,895	84,276,640