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Marathon Petroleum MPC Midstream — Goodwill, Acquired During Period
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Where this comes from
Reported directly by Marathon Petroleum in its filing.
Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.
The source filing: Marathon Petroleum’s 10-K, filed February 26, 2026.
- Filed
- Feb 26, 2026, 1:30 PM EST
- Fiscal year
- FY2025
- Accession
- 0001510295-26-000009
| (Millions of dollars) | Refining & Marketing | Midstream | Total |
|---|---|---|---|
| Balance as of December 31, 2023 | $561 | $7,683 | $8,244 |
| Impairment losses | — | — | — |
| Balance as of December 31, 2024 | 561 | 7,683 | 8,244 |
| Acquisitions | — | 1,110 | 1,110 |
| Impairment losses | — | — | — |
| Balance as of December 31, 2025 | $561 | $8,793 | $9,354 |
| Gross goodwill as of December 31, 2025 | $6,141 | $11,934 | $18,075 |
| Accumulated impairment losses | (5,580) | (3,141) | (8,721) |
Item 8. Financial Statements and Supplementary Data
FAQ
- What is Marathon Petroleum's midstream — goodwill, acquired during period?
- Marathon Petroleum (MPC) reported midstream — goodwill, acquired during period of $277.5M in Q4 2025.
- What does midstream — goodwill, acquired during period mean?
- The value of goodwill recorded on the balance sheet during the current reporting period resulting from the acquisition of other businesses or assets within the midstream segment. It represents the premium paid over the fair value of the net identifiable assets acquired.
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