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Investments in Unconsolidated Affiliates
 3 Months Ended
Mar. 31, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Investments in Unconsolidated Affiliates Investments in Unconsolidated Affiliates
The following table summarizes our investments in unconsolidated affiliates:
  Carrying Value as of
 Percentage
Ownership		March 31,
2020		December 31, 2019
  (millions)
DCP Sand Hills Pipeline, LLC66.67%$1,768  $1,764  
DCP Southern Hills Pipeline, LLC66.67%742  738  
Front Range Pipeline LLC33.33%209  206  
Gulf Coast Express LLC25.00%445  449  
Texas Express Pipeline LLC10.00%100  101  
Cheyenne Connector50.00%100  83  
Mont Belvieu Enterprise Fractionator12.50%27  27  
Mont Belvieu 1 Fractionator20.00%8  9  
Discovery Producer Services LLC40.00%256  322  
Panola Pipeline Company, LLC15.00%22  22  
OtherVarious4  3  
Total investments in unconsolidated affiliates$3,681  $3,724  
Earnings from investments in unconsolidated affiliates were as follows:
 Three Months Ended March 31,
 20202019
 (millions)
DCP Sand Hills Pipeline, LLC$78  $68  
DCP Southern Hills Pipeline, LLC20  23  
Front Range Pipeline LLC11  7  
Gulf Coast Express LLC16  —  
Texas Express Pipeline LLC4  5  
Mont Belvieu Enterprise Fractionator3  4  
Mont Belvieu 1 Fractionator3  4  
Discovery Producer Services LLC (a)(61) —  
Other2  2  
Total earnings from unconsolidated affiliates$76  $113  
(a)See Note 11 for further discussion
The following tables summarize the combined financial information of our investments in unconsolidated affiliates:
 Three Months Ended March 31,
 20202019
 (millions)
Statements of operations:
Operating revenue$527  $421  
Operating expenses$185  $191  
Net income$341  $231  
 
 March 31,
2020		December 31,
2019
 (millions)
Balance sheets:
Current assets$368  $463  
Long-term assets7,598  7,546  
Current liabilities(169) (231) 
Long-term liabilities(257) (252) 
Net assets$7,540  $7,526