Company: PAGP
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001581990-25-000021
Chunk: 23

Company: PLAINS GP HOLDINGS LP
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 23
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 interests— 29 29 Other(4)12 8 Balance at June 30, 2025$1,354 $12,771 $14,125 Class AShareholdersNoncontrollingInterestsTotal Partners’ Capital(unaudited)Balance at March 31, 2025$1,356 $12,704 $14,060 Net income30 253 283 Distributions (Note 7)(75)(343)(418)Other comprehensive income53 134 187 Repurchase of common units by a subsidiary (Note 7)1 (9)(8)Contributions from noncontrolling interests— 25 25 Other(11)7 (4)Balance at June 30, 2025$1,354 $12,771 $14,125 

Class A ShareholdersNoncontrolling InterestsTotal Partners’ Capital(unaudited)Balance at December 31, 2023$1,548 $13,424 $14,972 Net income81 572 653 Distributions(125)(645)(770)Other comprehensive loss(29)(75)(104)Contributions from noncontrolling interests— 24 24 Other15 10 25 Balance at June 30, 2024$1,490 $13,310 $14,800 Class A ShareholdersNoncontrolling InterestsTotal Partners’ Capital(unaudited)Balance at March 31, 2024$1,518 $13,360 $14,878 Net income39 277 316 Distributions(63)(320)(383)Other comprehensive loss(9)(24)(33)Contributions from noncontrolling interests— 12 12 Other5 5 10 Balance at June 30, 2024$1,490 $13,310 $14,800 

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

7

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

Note 1—Organization and Basis of Consolidation and Presentation

 Organization Plains GP Holdings, L.P. (“PAGP”) is a Delaware limited partnership formed in 2013 that has elected to be taxed as a corporation for United States federal income tax