Plains All American Pipeline, L.P. Contract with Customer, Liability decreased by 46.0% to $47.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 75.5%, from $192.00M to $47.00M. Over 5 years (FY 2020 to FY 2025), Contract with Customer, Liability shows a downward trend with a -29.5% CAGR.
An increase indicates higher deferred revenue and future service obligations, while a decrease suggests revenue is being recognized faster than new prepayments are received.
This represents the obligation to transfer services to a customer for which the entity has received consideration or for...
Similar to deferred revenue or contract liabilities reported by other asset management and financial services companies.
other_contract_with_customer_liability| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $139.00M | $132.00M | $141.00M | $137.00M | $138.00M | $143.00M | $229.00M | $204.00M | $216.00M | $234.00M | $228.00M | $220.00M | $217.00M | $222.00M | $87.00M | $192.00M | $77.00M | $66.00M | $87.00M | $47.00M |
| QoQ Change | — | -5.0% | +6.8% | -2.8% | +0.7% | +3.6% | +60.1% | -10.9% | +5.9% | +8.3% | -2.6% | -3.5% | -1.4% | +2.3% | -60.8% | +120.7% | -59.9% | -14.3% | +31.8% | -46.0% |
| YoY Change | — | — | — | — | -0.7% | +8.3% | +62.4% | +48.9% | +56.5% | +63.6% | -0.4% | +7.8% | +0.5% | -5.1% | -61.8% | -12.7% | -64.5% | -70.3% | +0.0% | -75.5% |