Slide 1: Third Quarter 2020 Table of Contents: Investor Relations
Third Quarter 2020 Table of Contents: Investor Relations 200 East Hardin Street Consolidated Statements of Income 2 Findlay, OH 45840 Consolidated Statements of Comprehensive Income 3 MPLXInvestorRelations@marathonpetroleum.com Consolidated Balance Sheets 4 419/421-2071 Consolidated Statements of Ca
Slide 2: Consolidated Statements of Income
CONSOLIDATED STATEMENTS OF INCOME MPLX LP Year Year Year 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Year 1st Qtr 2nd Qtr 3rd Qtr Year (In millions, except per unit data) 2016 2017 2018 2019 2019 2019 2019 2019 2020 2020 2020 2020 Revenues and other income: 1 Service revenue $ 958 $ 1,156 $ 1,856 $ 614 $ 619 $
Slide 3: Consolidated Statements of Comprehensive Income
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME MPLX LP Year Year Year 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Year 1st Qtr 2nd Qtr 3rd Qtr Year (In millions) 2016 2017 2018 2019 2019 2019 2019 2019 2020 2020 2020 2020 1 Net income (loss) $ 434 $ 836 $ 2,006 $ 689 $ 657 $ 689 $ (573) $ 1,462 $ (2,716) $ 655
Slide 4: Consolidated Balance Sheets
CONSOLIDATED BALANCE SHEETS MPLX LP (In millions, except ratio data) Dec 31, 2016 Dec 31, 2017 Dec 31, 2018 Dec 31, 2019 Mar 31, 2020 Jun 30, 2020 Sep 30, 2020 Assets Current assets: 1 Cash and cash equivalents $ 234 $ 5 $ 77 $ 15 $ 57 $ 67 $ 28 2 Receivables, net 299 292 611 593 522 562 477 3 Curre
Slide 5: Consolidated Statements of Cash Flows (YTD)
CONSOLIDATED STATEMENTS OF CASH FLOWS (YTD) MPLX LP Dec. 31 Dec. 31 Dec. 31 Mar. 31 Jun. 30 Sep. 30 Dec. 31 Mar. 31 Jun. 30 Sep. 30 (In millions) 2016 2017 2018 2019 2019 2019 2019 2020 2020 2020 Increase (decrease) increase in cash, cash equivalents and restricted cash Operating activities: 1 Net i
Slide 6: Financial Statistics
FINANCIAL STATISTICS MPLX LP Year Year Year 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Year 1st Qtr 2nd Qtr 3rd Qtr Year (In millions, except ratio and per unit data) 2016 2017 2018 2019 2019 2019 2019 2019 2020 2020 2020 2020 Common unit distributions: 1 Common units (LP) - public(1) $ 533 $ 656 $ 732 $ 191 $
Slide 7: L&S Selected Operating Data
L&S Selected Operating Data MPLX LP Logistics and Storage Year Year Year 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Year 1st Qtr 2nd Qtr 3rd Qtr Year 2016 2017 2018 2019 2019 2019 2019 2019 2020 2020 2020 2020 Pipeline throughput (mbpd): 1 Crude oil pipelines 1,643 1,936 3,121 3,105 3,242 3,367 3,196 3,228 3,2
Slide 8: G&P Selected Operating Data
G&P Selected Operating Data MPLX LP Gathering and Processing (Consolidated entities plus Year Year Year 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Year 1st Qtr 2nd Qtr 3rd Qtr Year Partnership-Operated Equity Method Investments) 2016 2017 2018 2019 2019 2019 2019 2019 2020 2020 2020 2020 Gathering throughput (
Slide 9: Reconciliation of Segment Adjusted EBITDA attributable to MPLX LP to Net Income
Reconciliation of Segment Adjusted EBITDA attributable to MPLX LP to Net Income MPLX LP Logistics and Storage Year Year Year 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Year 1st Qtr 2nd Qtr 3rd Qtr Year (In millions) 2016 2017 2018 2019 2019 2019 2019 2019 2020 2020 2020 2020 1 Segment income from operations $
Slide 10: Reconciliation of Adjusted EBITDA and Distributable Cash Flow from Net Income
Reconciliation of Adjusted EBITDA attributable to MPLX LP and Distributable Cash Flow attributable to GP and LP Unitholders from Net Income MPLX LP Year Year Year 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Year 1st Qtr 2nd Qtr 3rd Qtr Year (In millions) 2016 2017 2018 2019 2019 2019 2019 2019 2020 2020 2020 20
Slide 11: Reconciliation of Adjusted EBITDA and DCF from Net Cash Provided by Operating Activities
Reconciliation of Adjusted EBITDA attributable to MPLX LP and Distributable Cash Flow attributable to GP and LP Unitholders from Net Cash Provided by Operating Activities (YTD) MPLX LP Dec. 31 Dec. 31 Dec. 31 Mar. 31 Jun. 30 Sep. 30 Dec. 31 Mar. 31 Jun. 30 Sep. 30 (In millions) 2016 2017 2018 2019 2
Slide 12: Reconciliation of Capital Expenditures
Reconciliation of Capital Expenditures MPLX LP Year Year Year 1st Qtr 2nd Qtr 3rd Qtr 4th Qtr Year 1st Qtr 2nd Qtr 3rd Qtr Year (In millions) 2016 2017 2018 2019 2019 2019 2019 2019 2020 2020 2020 2020 Capital Expenditures: 1 Maintenance $ 84 $ 103 $ 175 $ 37 $ 62 $ 75 $ 88 $ 262 $ 34 $ 33 $ 41 $ 10