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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 96 $ 171
Accounts and notes receivable (net of allowance of $3 at December 31, 2015 and $0 at December 31, 2014) 1,026 905
Inventories 127 231
Other current assets 190 198
Total current assets 1,439 1,505
Investments 7,336 8,399
Property, plant, and equipment – net 28,600 27,322
Goodwill 47 1,120
Other intangible assets – net of accumulated amortization 9,969 10,451
Regulatory assets, deferred charges, and other 479 451
Total assets 47,870 49,248
Accounts payable:    
Trade 648 808
Affiliate 141 137
Accrued interest 231 215
Asset retirement obligations 57 40
Other accrued liabilities 469 392
Long-term debt due within one year 176 4
Commercial paper 499 798
Total current liabilities 2,221 2,394
Long-term Debt and Capital Lease Obligations 19,001 16,252
Asset retirement obligations 857 791
Deferred income tax liabilities 119 133
Regulatory liabilities, deferred income, and other $ 1,066 $ 993
Contingent liabilities and commitments (Note 17)
Partners’ equity:    
Common units (588,546,022 and 362,556,333 units outstanding at December 31, 2015 and 2014, respectively) $ 19,730 $ 10,367
Class B units (14,784,015 units outstanding as of December 31, 2015) 771 0
Class D units (21,574,035 units outstanding at December 31, 2014) 0 1,011
General partner 2,552 9,214
Accumulated other comprehensive income (loss) (172) 2
Total partners’ equity 22,881 20,594
Noncontrolling interests in consolidated subsidiaries 1,725 8,091
Total equity 24,606 28,685
Total liabilities and equity $ 47,870 $ 49,248