MPLX LP
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 27, 2025
MPLX$56.71-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Equity and Series A Preferred Units
MPLX LP
Consolidated Statements of Equity and Series A Preferred Units
| Partnership | |||||||
|---|---|---|---|---|---|---|---|
| (In millions) | CommonUnit-holdersPublic | CommonUnit-holderMPC | Series B Preferred Unit-holders | Accumulated Other Comprehensive Loss | Non-controllingInterests | Total | Series A Preferred Unit-holders |
| Balance at December 31, 2021 | $8,579 | $2,638 | $611 | $(17) | $241 | $12,052 | $965 |
| Net income | 1,371 | 2,444 | 41 | — | 34 | 3,890 | 88 |
| Unit repurchases | (491) | — | — | — | — | (491) | — |
| Distributions | (1,050) | (1,871) | (41) | — | (38) | (3,000) | (85) |
| Contributions | — | 82 | — | — | — | 82 | — |
| Other | 4 | — | — | 9 | — | 13 | — |
| Balance at December 31, 2022 | 8,413 | 3,293 | 611 | (8) | 237 | 12,546 | 968 |
| Net income | 1,336 | 2,493 | 5 | — | 38 | 3,872 | 94 |
| Conversion of Series A preferred units | 73 | — | — | — | — | 73 | (73) |
| Redemption of Series B preferred units | (2) | (3) | (595) | — | — | (600) | — |
| Distributions | (1,125) | (2,056) | (21) | — | (41) | (3,243) | (94) |
| Contributions | — | 31 | — | — | — | 31 | — |
| Other | 5 | — | — | 4 | 1 | 10 | — |
| Balance at December 31, 2023 | 8,700 | 3,758 | — | (4) | 235 | 12,689 | 895 |
| Net income | 1,555 | 2,735 | — | — | 40 | 4,330 | 27 |
| Unit repurchases | (326) | — | — | — | — | (326) | — |
| Conversion of Series A preferred units | 675 | — | — | — | — | 675 | (675) |
| Distributions | (1,289) | (2,270) | — | — | (44) | (3,603) | (44) |
| Contributions | — | 34 | — | — | — | 34 | — |
| Other | 7 | — | — | 1 | — | 8 | — |
| Balance at December 31, 2024 | $9,322 | $4,257 | $— | $(3) | $231 | $13,807 | $203 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.