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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 145 $ 96
Trade accounts and other receivables (net of allowance of $6 at December 31, 2016 and $3 at December 31, 2015) 926 1,026
Inventories 138 127
Other current assets and deferred charges 205 190
Total current assets 1,414 1,439
Investments 6,701 7,336
Property, plant, and equipment – net 28,021 28,600
Intangible assets – net of accumulated amortization 9,662 10,016
Regulatory assets, deferred charges, and other 467 479
Total assets 46,265 47,870
Accounts payable:    
Trade 589 648
Affiliate 109 141
Accrued interest 258 231
Asset retirement obligations 61 57
Other accrued liabilities 804 469
Commercial paper 93 499
Long-term debt due within one year 785 176
Total current liabilities 2,699 2,221
Long-term debt 17,685 19,001
Asset retirement obligations 798 857
Deferred income tax liabilities 20 119
Regulatory liabilities, deferred income, and other 1,860 1,066
Contingent liabilities and commitments (Note 18)
Partners’ equity:    
Common units (607,064,550 and 588,546,022 units outstanding at December 31, 2016 and 2015, respectively) 18,300 19,730
Class B units (16,690,016 and 14,784,015 units outstanding as of December 31, 2016 and 2015, respectively) 769 771
General partner 2,385 2,552
Accumulated other comprehensive income (loss) (1) (172)
Total partners’ equity 21,453 22,881
Noncontrolling interests in consolidated subsidiaries 1,750 1,725
Total equity 23,203 24,606
Total liabilities and equity $ 46,265 $ 47,870