MPLX LP

For the period ended Dec 31, 2024. Filed Feb 27, 2025.

About 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$56.80+1.6%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Financial Statements and Supplementary Data

INDEX

	Page
Management’s Responsibilities for Financial Statements	75
Management's Report on Internal Control over Financial Reporting	75
Report of Independent Registered Public Accounting Firm	(PCAOB ID 238)	76
Audited Consolidated Financial Statements:
Consolidated Statements of Income	78
Consolidated Statements of Comprehensive Income	79
Consolidated Balance Sheets	80
Consolidated Statements of Cash Flows	81
Consolidated Statements of Equity and Series A Preferred Units	82
Notes to Consolidated Financial Statements	83
1. Description of the Business and Basis of Presentation	83
2. Summary of Principal Accounting Policies	83
3. Accounting Standards and Disclosure Rules	88
4. Acquisitions and Other Transactions	89
5. Investments and Noncontrolling Interests	91
6. Related Party Agreements and Transactions	92
7. Equity	96
8. Net Income Per Limited Partner Unit	97
9. Series A Preferred Units	97
10. Segment Information	98
11. Major Customers and Concentration of Credit Risk	100
12. Inventories	100
13. Property, Plant and Equipment	101
14. Goodwill and Intangibles	101
15. Fair Value Measurements	102
16. Derivative Financial Instruments	103
17. Debt	105
18. Net Interest and Other Financial Costs	107
19. Revenue	107
20. Supplemental Cash Flow Information	110
21. Leases	110
22. Commitments and Contingencies	114

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.