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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 1 $ 2
Accounts receivable:    
Trade, net of allowance for doubtful accounts of $1 million 64 73
Affiliates 72 81
Inventories 37 43
Unrealized gains on derivative instruments 48 105
Other 1 2
Total current assets 223 306
Property, plant and equipment, net 3,446 3,476
Goodwill 72 72
Intangible assets, net 110 112
Investments in unconsolidated affiliates 1,486 1,493
Unrealized gains on derivative instruments 7 9
Other long-term assets 10 9
Total assets 5,354 5,477
Accounts payable:    
Trade 85 98
Affiliates 20 19
Unrealized losses on derivative instruments 5 18
Interest Payable, Current 30 19
Taxes Payable, Current 18 12
Other 17 34
Total current liabilities 175 200
Long-term debt 2,377 2,424
Unrealized losses on derivative instruments 0 1
Other long-term liabilities 48 47
Total liabilities $ 2,600 $ 2,672
Commitments and contingent liabilities
Equity:    
Limited partners (114,742,948 and 114,742,948 common units issued and outstanding, respectively) $ 2,713 $ 2,762
General partner 18 18
Accumulated other comprehensive loss (8) (8)
Total partners' equity 2,723 2,772
Noncontrolling interests 31 33
Total equity 2,754 2,805
Total liabilities and equity $ 5,354 $ 5,477