MPLX LP Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	-	1,519	1,048	238	13
Cash & Short-Term Investments	1,765	1,519	1,048	238	13
Cash Growth	16.20%	44.94%	340.34%	1730.77%	-13.33%
Accounts Receivable	-	1,544	1,562	1,479	1,316
Receivables	-	1,544	1,562	1,479	1,316
Inventory	-	180	159	148	142
Prepaid Expenses	-	5	5	5	4
Other Current Assets	-	28	34	35	32
Total Current Assets	-	3,276	2,808	1,905	1,507
Property, Plant & Equipment	-	19,653	19,755	19,359	20,539
Long-Term Investments	-	4,531	3,743	4,095	3,981
Goodwill	-	7,645	7,645	7,645	7,657
Other Intangible Assets	-	518	654	705	831
Long-Term Accounts Receivable	-	677	790	884	856
Other Long-Term Assets	-	1,211	1,134	1,072	136
Total Assets	-	37,511	36,529	35,665	35,507
Accounts Payable	-	435	431	486	424
Accrued Expenses	-	539	542	506	565
Short-Term Debt	-	-	-	-	1,450
Current Portion of Long-Term Debt	-	1,692	1,134	987	497
Current Portion of Leases	-	48	47	48	62
Current Unearned Revenue	-	106	81	80	77
Other Current Liabilities	-	415	389	294	273
Total Current Liabilities	-	3,235	2,624	2,401	3,348
Long-Term Debt	-	19,250	19,291	18,801	18,065
Long-Term Leases	-	446	442	465	440
Long-Term Unearned Revenue	-	427	446	329	457
Long-Term Deferred Tax Liabilities	-	18	16	13	10
Other Long-Term Liabilities	-	125	126	142	170
Total Liabilities	-	23,501	22,945	22,151	22,490
Common Stock	-	13,579	12,458	11,706	11,217
Comprehensive Income & Other	-	-3	-4	-8	-17
Total Common Equity	14,296	13,576	12,454	11,698	11,200
Minority Interest	-	231	235	237	241
Shareholders' Equity	14,524	14,010	13,584	13,514	13,017
Total Liabilities & Equity	-	37,511	36,529	35,665	35,507
Total Debt	26,138	21,436	20,914	20,301	20,514
Net Cash (Debt)	-24,373	-19,917	-19,866	-20,063	-20,501
Net Cash Per Share	-23.92	-19.58	-19.83	-19.86	-19.96
Filing Date Shares Outstanding	1,015	1,023	1,011	1,001	1,015
Total Common Shares Outstanding	1,015	1,017	1,003	1,001	1,016
Working Capital	-	41	184	-496	-1,841
Book Value Per Share	14.05	13.35	12.41	11.69	11.02
Tangible Book Value	4,121	5,413	4,155	3,348	2,712
Tangible Book Value Per Share	4.05	5.32	4.14	3.34	2.67
Land	-	2,160	2,134	2,096	2,103
Machinery	-	3,593	3,469	3,328	3,305
Construction In Progress	-	475	540	455	411

Updated Feb 3, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q