Income StatementBalance SheetCash FlowSegments
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MPLX Balance Sheet Statement

Assets, liabilities, and shareholders' equity

MPLX holds $42.9B in total assets. Cash and equivalents total $1.5B. The current ratio is 1.10. Based on the Q1 2026 filing.

Total Assets$42.9BCash And Equivalents$1.5BTotal Current Assets$3.5BTotal Current Liabilities$3.2B
Latest FilingQ1 2026
Report Date2026-05-05
Market Cap$54.8B
P/E Ratio11.57

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$147.0M$145.0M$149.0M$131.0M$108.0M$126.0M
Accrued interest$244.0M$203.0M$267.0M$273.0M$354.0M$264.0M
Accrued Liabilities, Current$295.0M$269.0M$262.0M$261.0M$254.0M$333.0M
Current Portion of Long-Term Debt and Finance Lease Obligations$1.7B———$1.5B—
Operating lease liabilities, current$45.0M$47.0M$47.0M$49.0M$53.0M$53.0M
Total current liabilities$3.2B$4.2B$3.1B$3.5B$3.2B$3.2B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$718.0M$858.0M$736.0M$729.0M$735.0M$769.0M
Cash and cash equivalents$1.5B$2.5B$1.4B$1.8B$2.1B$1.5B
Other current assets$29.0M$33.0M$33.0M$38.0M$51.0M$62.0M
Inventories$180.0M$186.0M$192.0M$175.0M$172.0M$178.0M
Total current assets$3.3B$4.5B$3.2B$4.6B$4.0B$3.5B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$3.0M$5.0M$5.0M$5.0M$5.0M$5.0M
Total liabilities and stockholders' equity$37.5B$39.0B$37.8B$43.2B$43.0B$42.9B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Goodwill$7.6B$7.6B$7.6B$8.7B$8.8B$8.7B
Other intangible assets—net$518.0M$529.0M$497.0M$1.4B$1.4B$1.4B
Operating lease right-of-use assets$273.0M$286.0M$275.0M$276.0M$276.0M$268.0M
Other non-current assets$994.0M$998.0M$1.0B$1.1B$1.1B$1.2B
Property, plant and equipment, net$19.2B$19.1B$19.2B$21.3B$21.7B$22.0B
Total assets$37.5B$39.0B$37.8B$43.2B$43.0B$42.9B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Long-Term Debt and Finance Lease Obligations$19.3B$19.7B$19.7B$24.1B$24.2B$24.4B
Accrued property, plant and equipment$208.0M$211.0M$253.0M$400.0M$438.0M$533.0M
Deferred income$317.0M$317.0M$308.0M$121.0M$119.0M$115.0M
Operating lease liabilities, non-current$217.0M$227.0M$218.0M$220.0M$217.0M$208.0M
Total liabilities$23.5B$24.9B$23.8B$28.7B$28.5B$28.6B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Income Taxes and Other Tax Liabilities, Noncurrent$18.0M$18.0M$18.0M$20.0M$25.0M$25.0M
Equity method investments (Note 11)$4.5B$4.8B$5.0B$4.8B$4.8B$5.0B
Less: current maturities$1.7B$2.7B$1.5B$1.5B$1.5B$1.3B
Partners Capital$13.6B$13.8B$13.8B$14.3B$14.3B$14.1B