MPLX LP
For the period ended Sep 30, 2026. Filed Nov 3, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 3, 2026
MPLX$56.71-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows (Unaudited)
MPLX LP
Consolidated Statements of Cash Flows (Unaudited)
| Nine Months Ended September 30, | ||
|---|---|---|
| (In millions) | 2026 | 2025 |
| Operating activities: | ||
| Net income | $3,183 | $3,749 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Amortization of deferred financing costs and debt discount | 23 | 23 |
| Depreciation and amortization | 1,101 | 996 |
| Deferred income taxes | — | 1 |
| Gain on equity method investments | — | (484) |
| (Gain)/loss on disposal of assets | 2 | (1) |
| Income from equity method investments | (644) | (542) |
| Distributions from unconsolidated affiliates | 685 | 631 |
| Changes in derivative assets and liabilities | 38 | (7) |
| Changes in: | ||
| Current receivables | (23) | 44 |
| Inventories | (32) | (19) |
| Current liabilities and other current assets | 209 | (38) |
| Assets and liabilities - related parties | (17) | 105 |
| Right of use assets and operating lease liabilities | 4 | 3 |
| Deferred revenue | (5) | (52) |
| All other, net | 2 | 4 |
| Net cash provided by operating activities | 4,526 | 4,413 |
| Investing activities: | ||
| Additions to property, plant and equipment | (2,195) | (1,094) |
| Acquisitions, net of cash acquired | 14 | (3,316) |
| Disposal of assets | 12 | 1 |
| Investments - acquisitions and contributions | (720) | (776) |
| Investments - redemptions, repayments, return of capital and sales proceeds | 32 | 143 |
| All other, net | 4 | 108 |
| Net cash used in investing activities | (2,853) | (4,934) |
| Financing activities: | ||
| Long-term debt borrowings | 3,716 | 6,541 |
| Long-term debt repayments | (2,756) | (2,464) |
| Related party debt borrowings | 231 | 50 |
| Related party debt repayments | (231) | (50) |
| Debt issuance costs | (36) | (62) |
| Unit repurchases | (150) | (300) |
| Distributions to noncontrolling interests | (33) | (33) |
| Distributions to Series A preferred unitholders | — | (6) |
| Distributions to LP unitholders | (3,277) | (2,923) |
| Contributions from MPC | 24 | 20 |
| All other, net | (1) | (6) |
| Net cash provided by (used in) financing activities | (2,513) | 767 |
| Net change in cash, cash equivalents and restricted cash | (840) | 246 |
| Cash, cash equivalents and restricted cash at beginning of period | 2,137 | 1,519 |
| Cash, cash equivalents and restricted cash at end of period | $1,297 | $1,765 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.