CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
CURRENT ASSETS
Cash and cash equivalents	$ 450	$ 401
Trade accounts receivable and other receivables, net	3,760	3,907
Inventory	548	729
Other current assets	155	318
Total current assets	4,913	5,355
PROPERTY AND EQUIPMENT	21,143	20,020
Accumulated depreciation	(5,361)	(4,770)
Property and equipment, net	15,782	15,250
OTHER ASSETS
Investments in unconsolidated entities	2,820	3,084
Intangible assets, net	1,875	2,145
Linefill	976	961
Long-term operating lease right-of-use assets, net	313	349
Long-term inventory	265	284
Other long-term assets, net	411	464
Total assets	27,355	27,892
CURRENT LIABILITIES
Trade accounts payable	3,844	4,044
Short-term debt	446	1,159
Other current liabilities	713	688
Total current liabilities	5,003	5,891
LONG-TERM LIABILITIES
Senior notes, net	7,242	7,237
Other long-term debt, net	63	50
Long-term operating lease liabilities	274	308
Other long-term liabilities and deferred credits	1,041	1,081
Total long-term liabilities	8,620	8,676
COMMITMENTS AND CONTINGENCIES (NOTE 18)
PARTNERS’ CAPITAL
Total partners’ capital excluding noncontrolling interests	10,422	10,057
Noncontrolling interests	3,310	3,268
Total partners’ capital	13,732	13,325
Total liabilities and partners’ capital	27,355	27,892
Series A Preferred Units
PARTNERS’ CAPITAL
Partners' capital	1,509	1,505
Series B Preferred Units
PARTNERS’ CAPITAL
Partners' capital	787	787
Common Units
PARTNERS’ CAPITAL
Partners' capital	$ 8,126	$ 7,765