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Investments in Unconsolidated Affiliates
 6 Months Ended
Jun. 30, 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		June 30,
2020		December 31, 2019
  (millions)
DCP Sand Hills Pipeline, LLC66.67%$1,757  $1,764  
DCP Southern Hills Pipeline, LLC66.67%741  738  
Front Range Pipeline LLC33.33%204  206  
Gulf Coast Express LLC25.00%441  449  
Texas Express Pipeline LLC10.00%99  101  
Cheyenne Connector50.00%144  83  
Mont Belvieu Enterprise Fractionator12.50%27  27  
Mont Belvieu 1 Fractionator20.00%7  9  
Discovery Producer Services LLC40.00%251  322  
Panola Pipeline Company, LLC15.00%21  22  
OtherVarious4  3  
Total investments in unconsolidated affiliates$3,696  $3,724  
Earnings from investments in unconsolidated affiliates were as follows:
 Three Months Ended June 30,Six Months Ended June 30,
 2020201920202019
 (millions)
DCP Sand Hills Pipeline, LLC$70  $72  $148  $140  
DCP Southern Hills Pipeline, LLC20  22  40  45  
Front Range Pipeline LLC9  9  20  16  
Gulf Coast Express LLC16  —  32  —  
Texas Express Pipeline LLC5  4  9  9  
Mont Belvieu Enterprise Fractionator3  3  6  7  
Mont Belvieu 1 Fractionator3  4  6  8  
Discovery Producer Services LLC (a)1  3  (60) 3  
Other(2) —  —  2  
Total earnings from unconsolidated affiliates$125  $117  $201  $230  
(a) See Note 11 for further discussion
The following tables summarize the combined financial information of our investments in unconsolidated affiliates:
 Three Months Ended June 30,Six Months Ended June 30,
 2020201920202019
 (millions)
Statements of operations:
Operating revenue$510  $432  $1,037  $853  
Operating expenses$191  $162  $376  $353  
Net income$318  $269  $659  $500  
 
 June 30,
2020		December 31,
2019
 (millions)
Balance sheets:
Current assets$346  $463  
Long-term assets7,609  7,546  
Current liabilities(147) (231) 
Long-term liabilities(259) (252) 
Net assets$7,549  $7,526