Company: PAGP
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001581990-25-000013
Chunk: 30

Company: PLAINS GP HOLDINGS LP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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barrels102 $29.91 6,985 barrels166 $23.77 OtherN/A 12 N/AN/A 14 N/AInventory subtotal  335    439  Linefill        Crude oil15,754 barrels924 $58.65 15,521 barrels906 $58.37 NGL2,269 barrels64 $28.21 2,259 barrels62 $27.45 Linefill subtotal  988    968  Long-term inventory        Crude oil3,501 barrels244 $69.69 3,424 barrels239 $69.80 NGL1,355 barrels45 $33.21 1,355 barrels41 $30.26 Long-term inventory subtotal  289    280  Total  $1,612    $1,687  (1)Price per unit of measure is comprised of a weighted average associated with various grades, qualities and locations. Accordingly, these prices may not coincide with any published benchmarks for such products.

14

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

Note 5—Debt

     Debt consisted of the following (in millions):March 31,2025December 31,2024SHORT-TERM DEBT  PAA commercial paper notes, bearing a weighted-average interest rate of 4.6% and 4.6%, respectively (1)$464 $393 Other14 15 Total short-term debt478 408 LONG-TERM DEBTPAA senior notes, net of unamortized discounts and debt issuance costs of $52 and $42, respectively (2)8,131 7,141 Other73 72 Total long-term debt8,204 7,213 Total debt (3)$8,682 $7,621 (1)We classified these PAA commercial paper notes as short-term as of March 31, 2025 and December 31, 2024, as these notes were primarily designated as working capital borrowings, were required to be repaid within one year and were primarily for hedged NGL and crude oil inventory and NYMEX