Business Combinations (Tables)

3 Months Ended

Mar. 31, 2022

Business Combinations [Abstract]

Allocation of Total Purchase Prices Paid in Connection with Business Combinations

The following table presents the preliminary fair value allocation of assets acquired and liabilities assumed in the acquisition at February 17, 2022 (the effective date of the acquisition).  The allocation is provisional and subject to ongoing efforts to clarify the values assigned to tangible and identifiable intangible assets.

Purchase price for 100% interest in Navitas Midstream	$	3,231
Recognized amounts of identifiable assets acquired and liabilities assumed:
Assets acquired in business combination:
Current assets, including cash of $27 million	$	127
Property, plant and equipment		2,076
Contract-based intangible asset		989
Other assets		34
Total assets acquired	$	3,226
Liabilities assumed in business combination:
Current liabilities	$	(114	)
Long-term liabilities		(40	)
Total liabilities assumed	$	(154	)
Total identifiable net assets	$	3,072
Goodwill	$	159