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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current Assets    
Cash and cash equivalents $ 10 $ 75 [1]
Receivables, net of allowance for doubtful accounts    
Trade and other 195 219 [1]
Affiliate 279 264 [1]
Prepayments and other current assets 79 27 [1]
Total Current Assets 563 585 [1]
Property, Plant and Equipment, Net 6,845 6,249 [1],[2]
Acquired Intangibles, Net 1,104 1,154 [1]
Goodwill 1,051 956 [1]
Equity Method Investments 602 440 [1]
Other Noncurrent Assets, Net 130 121 [1]
Total Assets 10,295 9,505 [1],[3]
Accounts payable    
Trade and other 214 186 [1]
Affiliate 252 207 [1]
Accrued interest and financing costs 41 40 [1]
Current maturities of debt 504 1
Other current liabilities 81 84 [1]
Total Current Liabilities 1,092 518 [1]
Debt, Net of Unamortized Issuance Costs 4,460 4,127 [1]
Other Noncurrent Liabilities 69 54 [1]
Total Liabilities 5,621 4,699 [1]
Commitments and Contingencies [1]
Equity    
Equity of Predecessors 0 1,292 [1]
Preferred unitholders: 600,000 units issued and outstanding in 2018 and 2017 604 589 [1]
Common unitholders: 245,493,184 units issued and outstanding (217,097,057 in 2017) 4,070 2,925 [1]
Total Equity 4,674 4,806 [1]
Total Liabilities and Equity $ 10,295 $ 9,505 [1]
[1] Adjusted to include the historical results of the Predecessors. See Notes 1 and 2 for further discussion.
[2] Property, plant and equipment transferred to the Partnership in the 2018 Drop Down was recorded at historical costs. The Partnership recorded property, plant and equipment of $948 million and accumulated depreciation of $112 million as of December 31, 2017 in connection with the 2018 Drop Down.
[3] Adjusted to include the historical results of the Predecessors. See Notes 1 and 2 for further discussion.