Company: PAGP
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001581990-25-000006
Chunk: 359

Company: PLAINS GP HOLDINGS LP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 359
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F-58

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

Crude OilNGLIntersegmentEliminationTotalYear Ended December 31, 2022Revenues (1):Product sales$53,840 $2,575 $(467)$55,948 Services1,240 186 (32)1,394 Total revenues$55,080 $2,761 $(499)$57,342 Significant segment expenses:Purchases and related costs (1)$(52,088)$(1,587)$499 $(53,176)Field operating costs(1,003)(312)— (1,315)Segment general and administrative expenses(250)(75)— (325)Total significant segment expenses$(53,341)$(1,974)$499 $(54,816)Equity earnings in unconsolidated entities$403 $— Other segment items (2):Depreciation and amortization of unconsolidated entities (3)85 — Derivative activities and inventory valuation adjustments (4)(11)(269)Long-term inventory costing adjustments (5)(3)(1)Deficiencies under minimum volume commitments, net (6)7 — Equity-indexed compensation expense (7)32 — Foreign currency revaluation (8)3 1 Line 901 incident (9)95 — Segment amounts attributable to noncontrolling interests in consolidated joint ventures (10)(364)— Total other segment items$(156)$(269)Segment Adjusted EBITDA $1,986 $518 Investment and acquisition capital expenditures (11) (12)$461 $157 $618 Maintenance capital expenditures (12)$112 $99 $211 As of December 31, 2022   Investments in unconsolidated entities$3,084 $— $3,084 (1)Segment revenues include intersegment amounts that are eliminated in Purchases and related costs. Intersegment activities are conducted at posted tariff rates where applicable, or otherwise at rates similar to those charged to third parties or rates that we believe approximate market at the time the agreement is executed or renegotiated.(2)Represents adjustments utilized by our CODM in the evaluation of segment results.(3)Includes our proportionate share of the depreciation and