Company: PAGP
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001581990-25-000028
Chunk: 18

Company: PLAINS GP HOLDINGS LP
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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PREHENSIVE INCOME/(LOSS)

(in millions)

 DerivativeInstrumentsTranslationAdjustmentsOtherTotal (unaudited)Balance at December 31, 2024$(44)$(1,039)$— $(1,083)Reclassification adjustments4 — — 4 Unrealized gain on hedges9 — — 9 Currency translation adjustments— 127 — 127 Other— — 2 2 Total period activity13 127 2 142 Balance at September 30, 2025$(31)$(912)$2 $(941)

DerivativeInstrumentsTranslationAdjustmentsOtherTotal (unaudited)Balance at December 31, 2023$(81)$(755)$— $(836)Reclassification adjustments6 — — 6 Unrealized gain on hedges9 — — 9 Currency translation adjustments— (84)— (84)Other— — 1 1 Total period activity15 (84)1 (68)Balance at September 30, 2024$(66)$(839)$1 $(904)

The accompanying notes are an integral part of these condensed consolidated financial statements.

5

PLAINS GP HOLDINGS, L.P. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(in millions)

 Nine Months EndedSeptember 30, 20252024 (unaudited)CASH FLOWS FROM OPERATING ACTIVITIES  Net income$1,279 $953 Reconciliation of net income to net cash provided by operating activities:  Income from discontinued operations, net of tax(281)(156)Depreciation and amortization696 675 (Gains)/losses on asset sales, net(64)2 Deferred income tax expense65 34 (Gain)/loss on foreign currency revaluation19 (12)Settlement of terminated interest rate hedging instruments (Note 8)7 57 Equity earnings in unconsolidated entities(292)(298)Distributions on earnings from unconsolidated entities369 383 Gain on investments in unconsolidated entities, net (Note 12)(31)— Other48 53 Changes in assets and liabilities, net of acquisitions18 (99)Cash provided by operating activities - continuing operations1,833 1,592 Cash provided