Company: PAGP
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001581990-25-000028
Chunk: 30

Company: PLAINS GP HOLDINGS LP
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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, and do not contain any variability other than expected timing within a limited range. The following table presents the amount of consideration associated with remaining performance obligations for the population of contracts with external customers meeting the presentation requirements as of September 30, 2025 (in millions):Remainder of 202520262027202820292030 and ThereafterPipeline revenues supported by minimum volume commitments and capacity agreements (1)$79 $286 $243 $205 $106 $425 Terminalling, storage and other agreement revenues59 232 203 148 105 492 Total$138 $518 $446 $353 $211 $917 (1)Calculated as volumes committed under contracts multiplied by the current applicable tariff rate. 

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Table of ContentsPLAINS GP HOLDINGS, L.P. AND SUBSIDIARIESNOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

The presentation above does not include (i) expected revenues from legacy shippers not underpinned by minimum volume commitments, (ii) intersegment revenues and (iii) the amount of consideration associated with certain income generating contracts, which include a fixed minimum level of service, that are either not within the scope of ASC 606 or do not meet the requirements for presentation as remaining performance obligations. The following are examples of contracts that are not included in the table above because they are not within the scope of ASC 606 or do not meet the requirements for presentation:•Minimum volume commitments on certain of our joint venture pipeline systems; •Acreage dedications;•Buy/sell arrangements with future committed volumes;•Short-term contracts and those with variable consideration, due to the election of practical expedients;•Contracts within the scope of ASC Topic 842, Leases; and•Contracts within the scope of ASC Topic 815, Derivatives and Hedging.Trade Accounts Receivable and Other Receivables, Net At September 30, 2025 and December 31, 2024, substantially all of our trade accounts receivable were less than 30 days past their invoice date. Our expected credit losses are immaterial. Although we consider our credit procedures to be adequate to mitigate any significant credit losses, the actual amount of current and future credit losses could vary significantly from estimated amounts.The following is a reconciliation of trade accounts receivable from revenues from contracts with customers to total trade accounts receivable and other receivables, net as presented on our