Series B Redemption (Details) - USD ($) $ / shares in Units, $ in Millions |
3 Months Ended | ||
|---|---|---|---|
Feb. 15, 2023 |
Mar. 31, 2024 |
Mar. 31, 2023 |
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| Equity, Class of Treasury Stock [Line Items] | |||
| Partners' Capital Account, Distributions | $ 864 | $ 808 | |
| Series B Preferred Stock [Member] | |||
| Equity, Class of Treasury Stock [Line Items] | |||
| Partners' Capital Account, Units, Redeemed | 600,000 | ||
| Dividend rate, percentage | 6.875% | ||
| Preferred Stock, Redemption Price Per Share | $ 1,000 | ||
| Partners' Capital Account, Distributions | $ 21 | ||
| Distribution date | Feb. 15, 2023 | ||
| Preferred Stock, Redemption Terms | MPLX exercised its right to redeem all 600,000 outstanding 6.875 percent Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the “Series B preferred units”). MPLX paid unitholders the Series B preferred unit redemption price of $1,000 per unit. | ||
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- Definition Date of distribution for distribution of cash or unit to limited partner of limited partnership (LP), in YYYY-MM-DD format. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Total distributions to each class of partners (i.e., general, limited and preferred partners). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The number of units redeemed during the year of each class of partners' capital account. Units represent shares of ownership of the general, limited, and preferred partners. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The percentage rate used to calculate dividend payments on preferred stock. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The price per share at which the preferred stock of an entity that has priority over common stock in the distribution of dividends and in the event of liquidation of the entity is redeemed or may be called at. The redemption features of this preferred stock are solely within the control of the issuer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The redemption terms of preferred stock of an entity that has priority over common stock in the distribution of dividends and in the event of liquidation of the entity. The redemption features of this capital stock are solely within the control of the issuer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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