MPLXP.PFD (MPLX LP) Total Liabilities : $24,904.00 Mil (As of Mar. 2025)

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What is MPLX LP Total Liabilities?

MPLX LP's Total Liabilities for the quarter that ended in Mar. 2025 was $24,904.00 Mil.

MPLX LP's quarterly Total Liabilities declined from Sep. 2024 ($24,533.00 Mil) to Dec. 2024 ($23,501.00 Mil) but then increased from Dec. 2024 ($23,501.00 Mil) to Mar. 2025 ($24,904.00 Mil).

MPLX LP's annual Total Liabilities increased from Dec. 2022 ($22,151.00 Mil) to Dec. 2023 ($22,945.00 Mil) and increased from Dec. 2023 ($22,945.00 Mil) to Dec. 2024 ($23,501.00 Mil).

MPLX LP Total Liabilities Historical Data

The historical data trend for MPLX LP's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MPLX LP Total Liabilities Chart

MPLX LP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Liabilities

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22,429.00

22,490.00

22,151.00

22,945.00

23,501.00

MPLX LP Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Total Liabilities	Get a 7-Day Free Trial															22,814.00	24,516.00	24,533.00	23,501.00	24,904.00

MPLX LP Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

MPLX LP's Total Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	3235	+	(19696	+	125
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	445	+	0	+	0)
	=	23,501.00

Total Liabilities	=	Total Assets (A: Dec. 2024 )	-	Total Equity (A: Dec. 2024 )
	=	37511	-	14010
	=	23,501.00

MPLX LP's Total Liabilities for the quarter that ended in Mar. 2025 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	4169	+	(20170	+	128
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	437	+	0	+	0)
	=	24,904.00

Total Liabilities	=	Total Assets (Q: Mar. 2025 )	-	Total Equity (Q: Mar. 2025 )
	=	38972	-	14068
	=	24,904.00

MPLX LP Total Liabilities Related Terms

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MPLX LP Business Description

Industry

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MPLX:USA

Address

200 East Hardin Street, Findlay, OH, USA, 45840-3229

Website

https://www.mplx.com

MPLX is a partnership that owns both pipelines and gathering and processing assets with extensive holdings in the Appalachian region. The asset base is made up of pipeline assets dropped down from Marathon Petroleum, its sponsor, and gathering and processing assets from MarkWest, which it acquired in 2015. MPLX also acquired Andeavor Logistics in 2019.