Company: PAGP
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001581990-25-000006
Chunk: 318

Company: PLAINS GP HOLDINGS LP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 318
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 that our amortization expense related to finite-lived intangible assets for the next five years will be as follows (in millions):2025$255 2026$218 2027$194 2028$172 2029$154 

F-29

Table of ContentsIndex to Financial StatementsPLAINS GP HOLDINGS, L.P. AND SUBSIDIARIESNOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Note 10—Debt

Debt consisted of the following (in millions):December 31,2024December 31,2023SHORT-TERM DEBTPAA commercial paper notes, bearing a weighted-average interest rate of 4.6% and 5.8%, respectively (1)$393 $433 Other15 13 Total short-term debt408 446 LONG-TERM DEBTPAA senior notes:3.60% senior notes due November 2024 (2)— 750 4.65% senior notes due October 2025 (3)1,000 1,000 4.50% senior notes due December 2026750 750 3.55% senior notes due December 20291,000 1,000 3.80% senior notes due September 2030750 750 5.70% senior notes due September 2034650 — 6.70% senior notes due May 2036250 250 6.65% senior notes due January 2037600 600 5.15% senior notes due June 2042499 499 4.30% senior notes due January 2043 348 348 4.70% senior notes due June 2044687 687 4.90% senior notes due February 2045649 649 Unamortized discounts and debt issuance costs(42)(41)PAA senior notes, net of unamortized discounts and debt issuance costs7,141 7,242 Other long-term debt:Other72 63 Total long-term debt7,213 7,305 Total debt (4)$7,621 $7,751 (1)PAA classified these commercial paper notes as short-term as of December 31, 2024 and 2023, 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 NYM