Plains All American Pipeline, L.P. (PAA)

PAA Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	328	348	450	401	449
Cash & Short-Term Investments	328	348	450	401	449
Cash Growth	-5.75%	-22.67%	12.22%	-10.69%	1940.91%
Accounts Receivable	3,598	3,679	3,760	3,907	4,705
Inventory	211	261	548	729	783
Other Current Assets	596	514	155	318	200
Total Current Assets	4,733	4,802	4,913	5,355	6,137
Net Property, Plant & Equipment	17,058	13,635	16,095	15,599	15,296
Other Intangible Assets	1,754	1,677	1,875	2,145	1,960
Long-Term Investments	2,846	2,811	2,820	3,084	3,805
Other Long-Term Assets	3,778	3,637	1,652	1,709	1,411
Total Assets	30,169	26,562	27,355	27,892	28,609
Accounts Payable	3,457	3,647	3,844	4,044	4,810
Short-Term Debt	563	407	446	1,159	822
Other Current Liabilities	911	896	713	688	600
Total Current Liabilities	4,931	4,950	5,003	5,891	6,232
Long-Term Debt	10,696	7,211	7,305	7,287	8,398
Long-Term Leases	202	192	274	308	339
Other Long-Term Liabilities	1,260	1,113	1,041	1,081	830
Total Long-Term Liabilities	12,158	8,516	8,620	8,676	9,567
Total Liabilities	17,089	13,466	13,623	14,567	15,799
Preferred Stock	2,035	2,301	2,296	2,292	2,292
Common Stock	7,801	7,512	8,126	7,765	7,680
Total Common Shareholders' Equity	9,836	9,813	10,422	10,057	9,972
Minority Interest	3,244	3,283	3,310	3,268	2,838
Shareholders' Equity	13,080	13,096	13,732	13,325	12,810
Total Liabilities & Equity	30,169	26,562	27,355	27,892	28,609
Total Debt	11,461	7,810	8,025	8,754	9,559
Net Cash (Debt)	-11,133	-7,462	-7,575	-8,353	-9,110
Net Cash Per Share	-15.81	-10.63	-10.84	-11.92	-
Book Value	9,836	9,813	10,422	10,057	9,972
Book Value Per Share	13.97	13.98	14.91	14.35	-
Tangible Book Value	8,082	8,136	8,547	7,912	8,012
Tangible Book Value Per Share	11.48	11.59	12.23	11.29	-

Updated Feb 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q