10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001070423-18-000009 |
| Period End Date | 20180331 |
| Filing Date | 20180509 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | paa-20180331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
52 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$47.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$23.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$38.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$37.00M | USD | Point-in-time |
| Trade accounts receivable and other receivables, net |
ReceivablesNetCurrent
|
$3.02B | USD | Point-in-time |
| Trade accounts receivable and other receivables, net |
ReceivablesNetCurrent
|
$3.03B | USD | Point-in-time |
| Inventory |
InventoryNet
|
$620.00M | USD | Point-in-time |
| Inventory |
InventoryNet
|
$713.00M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$221.00M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$296.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$4.00B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$3.96B | USD | Point-in-time |
| PROPERTY AND EQUIPMENT |
PropertyPlantAndEquipmentGross
|
$16.86B | USD | Point-in-time |
| PROPERTY AND EQUIPMENT |
PropertyPlantAndEquipmentGross
|
$16.94B | USD | Point-in-time |
| Accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$2.82B | USD | Point-in-time |
| Accumulated depreciation |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
$2.77B | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$14.09B | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$14.11B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$2.54B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$2.57B | USD | Point-in-time |
| Investments in unconsolidated entities |
EquityMethodInvestments
|
$2.88B | USD | Point-in-time |
| Investments in unconsolidated entities |
EquityMethodInvestments
|
$2.76B | USD | Point-in-time |
| Linefill and base gas |
LinefillAndBaseGas
|
$872.00M | USD | Point-in-time |
| Linefill and base gas |
LinefillAndBaseGas
|
$870.00M | USD | Point-in-time |
| Long-term inventory |
InventoryNoncurrent
|
$159.00M | USD | Point-in-time |
| Long-term inventory |
InventoryNoncurrent
|
$164.00M | USD | Point-in-time |
| Other long-term assets, net |
OtherAssetsNoncurrent
|
$904.00M | USD | Point-in-time |
| Other long-term assets, net |
OtherAssetsNoncurrent
|
$893.00M | USD | Point-in-time |
| Total assets |
Assets
|
$25.35B | USD | Point-in-time |
| Total assets |
Assets
|
$25.42B | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$3.46B | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$3.57B | USD | Point-in-time |
| Short-term debt |
DebtCurrent
|
$737.00M | USD | Point-in-time |
| Short-term debt |
DebtCurrent
|
$774.00M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$256.00M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$337.00M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$4.53B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$4.60B | USD | Point-in-time |
| Senior notes, net of unamortized discounts and debt issuance costs |
SeniorLongTermNotes
|
$8.94B | USD | Point-in-time |
| Senior notes, net of unamortized discounts and debt issuance costs |
SeniorLongTermNotes
|
$8.93B | USD | Point-in-time |
| Other long-term debt |
OtherLongTermDebtNoncurrent
|
$250.00M | USD | Point-in-time |
| Other long-term debt |
OtherLongTermDebtNoncurrent
|
$115.00M | USD | Point-in-time |
| Other long-term liabilities and deferred credits |
LiabilitiesOtherThanLongtermDebtNoncurrent
|
$736.00M | USD | Point-in-time |
| Other long-term liabilities and deferred credits |
LiabilitiesOtherThanLongtermDebtNoncurrent
|
$679.00M | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$9.79B | USD | Point-in-time |
| Total long-term liabilities |
LiabilitiesNoncurrent
|
$9.86B | USD | Point-in-time |
| COMMITMENTS AND CONTINGENCIES (NOTE 12) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| COMMITMENTS AND CONTINGENCIES (NOTE 12) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Total partners capital |
PartnersCapital
|
$11.04B | USD | Point-in-time |
| Total partners capital |
PartnersCapital
|
$10.96B | USD | Point-in-time |
| Total liabilities and partners capital |
LiabilitiesAndStockholdersEquity
|
$25.42B | USD | Point-in-time |
| Total liabilities and partners capital |
LiabilitiesAndStockholdersEquity
|
$25.35B | USD | Point-in-time |
Income Statement
40 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest expense, capitalized interest |
InterestCostsCapitalized
|
$6.00M | USD | 1 Quarter |
| Interest expense, capitalized interest |
InterestCostsCapitalized
|
$6.00M | USD | 1 Quarter |
| Supply and Logistics segment revenues |
SalesAndRelatedRevenues
|
$6.39B | USD | 1 Quarter |
| Supply and Logistics segment revenues |
SalesAndRelatedRevenues
|
$8.11B | USD | 1 Quarter |
| Transportation segment revenues |
PipelineTariffActivitiesTruckingAndRelatedRevenues
|
$146.00M | USD | 1 Quarter |
| Transportation segment revenues |
PipelineTariffActivitiesTruckingAndRelatedRevenues
|
$138.00M | USD | 1 Quarter |
| Facilities segment revenues |
StorageTerminallingProcessingAndRelatedRevenues
|
$141.00M | USD | 1 Quarter |
| Facilities segment revenues |
StorageTerminallingProcessingAndRelatedRevenues
|
$134.00M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$6.67B | USD | 1 Quarter |
| Total revenues |
Revenues
|
$8.40B | USD | 1 Quarter |
| Purchases and related costs |
CostOfGoodsAndServicesSold
|
$5.59B | USD | 1 Quarter |
| Purchases and related costs |
CostOfGoodsAndServicesSold
|
$7.52B | USD | 1 Quarter |
| Field operating costs |
OperatingCostsAndExpenses
|
$292.00M | USD | 1 Quarter |
| Field operating costs |
OperatingCostsAndExpenses
|
$288.00M | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$74.00M | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$79.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$127.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$121.00M | USD | 1 Quarter |
| Total costs and expenses |
CostsAndExpenses
|
$6.08B | USD | 1 Quarter |
| Total costs and expenses |
CostsAndExpenses
|
$8.02B | USD | 1 Quarter |
| OPERATING INCOME |
OperatingIncomeLoss
|
$591.00M | USD | 1 Quarter |
| OPERATING INCOME |
OperatingIncomeLoss
|
$381.00M | USD | 1 Quarter |
| Equity earnings in unconsolidated entities |
IncomeLossFromEquityMethodInvestments
|
$75.00M | USD | 1 Quarter |
| Equity earnings in unconsolidated entities |
IncomeLossFromEquityMethodInvestments
|
$53.00M | USD | 1 Quarter |
| Interest expense (net of capitalized interest of $6 and $6, respectively) |
InterestExpense
|
$106.00M | USD | 1 Quarter |
| Interest expense (net of capitalized interest of $6 and $6, respectively) |
InterestExpense
|
$129.00M | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-5.00M | USD | 1 Quarter |
| Other expense, net |
OtherNonoperatingIncomeExpense
|
$-1.00M | USD | 1 Quarter |
| INCOME BEFORE TAX |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$349.00M | USD | 1 Quarter |
| INCOME BEFORE TAX |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$510.00M | USD | 1 Quarter |
| Current income tax expense |
CurrentIncomeTaxExpenseBenefit
|
$10.00M | USD | 1 Quarter |
| Current income tax expense |
CurrentIncomeTaxExpenseBenefit
|
$13.00M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$56.00M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$48.00M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$288.00M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$444.00M | USD | 1 Quarter |
| Net income allocated to common unitholders Basic |
NetIncomeLossAllocatedtoCommonUnitholdersBasic
|
$237.00M | USD | 1 Quarter |
| Net income allocated to common unitholders Basic |
NetIncomeLossAllocatedtoCommonUnitholdersBasic
|
$406.00M | USD | 1 Quarter |
| Net income allocated to common unitholders Diluted |
NetIncomeLossAllocatedtoCommonUnitholdersDiluted
|
$443.00M | USD | 1 Quarter |
| Net income allocated to common unitholders Diluted |
NetIncomeLossAllocatedtoCommonUnitholdersDiluted
|
$237.00M | USD | 1 Quarter |
Cash Flow Statement
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$288.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$444.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$127.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$121.00M | USD | 1 Quarter |
| Equity-indexed compensation expense |
AllocatedShareBasedCompensationExpense
|
$17.00M | USD | 1 Quarter |
| Equity-indexed compensation expense |
AllocatedShareBasedCompensationExpense
|
$12.00M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$56.00M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$48.00M | USD | 1 Quarter |
| (Gain)/loss on foreign currency revaluation |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-8.00M | USD | 1 Quarter |
| (Gain)/loss on foreign currency revaluation |
ForeignCurrencyTransactionGainLossBeforeTax
|
$3.00M | USD | 1 Quarter |
| Equity earnings in unconsolidated entities |
IncomeLossFromEquityMethodInvestments
|
$75.00M | USD | 1 Quarter |
| Equity earnings in unconsolidated entities |
IncomeLossFromEquityMethodInvestments
|
$53.00M | USD | 1 Quarter |
| Distributions on earnings from unconsolidated entities |
EquityMethodInvestmentDividendsOrDistributions
|
$52.00M | USD | 1 Quarter |
| Distributions on earnings from unconsolidated entities |
EquityMethodInvestmentDividendsOrDistributions
|
$101.00M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-11.00M | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-10.00M | USD | 1 Quarter |
| Changes in assets and liabilities, net of acquisitions |
IncreaseDecreaseInOperatingCapital
|
$-177.00M | USD | 1 Quarter |
| Changes in assets and liabilities, net of acquisitions |
IncreaseDecreaseInOperatingCapital
|
$4.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$816.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$521.00M | USD | 1 Quarter |
| Cash paid in connection with acquisitions, net of cash acquired |
PaymentsToAcquireBusinessesAndInterestInAffiliates
|
$1.25B | USD | 1 Quarter |
| Investments in unconsolidated entities |
CapitalContributionsToEquityMethodInvestees
|
$123.00M | USD | 1 Quarter |
| Investments in unconsolidated entities |
CapitalContributionsToEquityMethodInvestees
|
$40.00M | USD | 1 Quarter |
| Additions to property, equipment and other |
PaymentsToAcquirePropertyPlantAndEquipment
|
$275.00M | USD | 1 Quarter |
| Additions to property, equipment and other |
PaymentsToAcquirePropertyPlantAndEquipment
|
$266.00M | USD | 1 Quarter |
| Proceeds from sales of assets |
ProceedsFromSaleOfProductiveAssets
|
$161.00M | USD | 1 Quarter |
| Proceeds from sales of assets |
ProceedsFromSaleOfProductiveAssets
|
$83.00M | USD | 1 Quarter |
| Other investing activities |
PaymentsForProceedsFromOtherInvestingActivities
|
$-2.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.49B | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-221.00M | USD | 1 Quarter |
| Net borrowings/(repayments) under commercial paper program (Note 8) |
ProceedsFromRepaymentsOfCommercialPaper
|
$-8.00M | USD | 1 Quarter |
| Net borrowings/(repayments) under commercial paper program (Note 8) |
ProceedsFromRepaymentsOfCommercialPaper
|
$149.00M | USD | 1 Quarter |
| Net borrowings under senior unsecured revolving credit facility (Note 8) |
NetProceedsFromRepaymentsOfSeniorUnsecuredRevolvingCreditFacilities
|
$350.00M | USD | 1 Quarter |
| Net repayments under senior secured hedged inventory facility (Note 8) |
NetProceedsFromRepaymentsOfHedgedInventoryFacility
|
$-501.00M | USD | 1 Quarter |
| Net repayments under senior secured hedged inventory facility (Note 8) |
NetProceedsFromRepaymentsOfHedgedInventoryFacility
|
$-498.00M | USD | 1 Quarter |
| Repayments of senior notes |
RepaymentsOfSeniorDebt
|
$400.00M | USD | 1 Quarter |
| Net proceeds from sales of common units |
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
|
$1.66B | USD | 1 Quarter |
| Distributions paid to common unitholders (Note 9) |
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
$371.00M | USD | 1 Quarter |
| Distributions paid to common unitholders (Note 9) |
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
$218.00M | USD | 1 Quarter |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$125.00M | USD | 1 Quarter |
| Other financing activities |
ProceedsFromPaymentsForOtherFinancingActivities
|
$63.00M | USD | 1 Quarter |
| Net cash provided by/(used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$666.00M | USD | 1 Quarter |
| Net cash provided by/(used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-311.00M | USD | 1 Quarter |
| Effect of translation adjustment on cash |
EffectOfExchangeRateOnCashAndCashEquivalentsContinuingOperations
|
$-3.00M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-9.00M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-14.00M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$47.00M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$23.00M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$38.00M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$37.00M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$47.00M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$23.00M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$38.00M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$37.00M | USD | Point-in-time |
| Interest, net of amounts capitalized |
InterestPaidNet
|
$76.00M | USD | 1 Quarter |
| Interest, net of amounts capitalized |
InterestPaidNet
|
$92.00M | USD | 1 Quarter |
| Income taxes, net of amounts refunded |
IncomeTaxesPaidNet
|
$27.00M | USD | 1 Quarter |
| Income taxes, net of amounts refunded |
IncomeTaxesPaidNet
|
$9.00M | USD | 1 Quarter |
Stockholders Equity
15 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
PartnersCapital
|
$11.04B | USD | Point-in-time |
| Beginning balance |
PartnersCapital
|
$10.96B | USD | Point-in-time |
| Beginning balance, including noncontrolling interest |
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
|
$8.82B | USD | Point-in-time |
| Beginning balance, including noncontrolling interest |
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
|
$10.59B | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$288.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$444.00M | USD | 1 Quarter |
| Distributions (Note 9) |
PartnersCapitalAccountDistributions
|
$372.00M | USD | 1 Quarter |
| Sales of common units |
PartnersCapitalAccountSaleOfUnits
|
$1.66B | USD | 1 Quarter |
| Other comprehensive income/(loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$36.00M | USD | 1 Quarter |
| Other comprehensive income/(loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-65.00M | USD | 1 Quarter |
| Other |
PartnersCapitalOther
|
$2.00M | USD | 1 Quarter |
| Ending balance |
PartnersCapital
|
$11.04B | USD | Point-in-time |
| Ending balance |
PartnersCapital
|
$10.96B | USD | Point-in-time |
| Ending balance, including noncontrolling interest |
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
|
$8.82B | USD | Point-in-time |
| Ending balance, including noncontrolling interest |
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
|
$10.59B | USD | Point-in-time |
Comprehensive Income
6 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$288.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$444.00M | USD | 1 Quarter |
| Other comprehensive income/(loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$36.00M | USD | 1 Quarter |
| Other comprehensive income/(loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-65.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$480.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$223.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.