Note 13 - Revenues Revenues (Tables)

12 Months Ended

Dec. 31, 2018

Revenue from Contract with Customer [Abstract]

Schedule of Customer Contract Asset and Liabilities

Summary of Customer Contract Assets and Liabilities (in millions)

	December 31, 2017 (a)	Adjustments for ASC 606 (b)(c)	Balance at January 1, 2018	December 31, 2018
Contract assets	—	34	34	32
Deferred income, current	23	—	23	24
Deferred income, noncurrent	43	16	59	57

(a) Adjusted to include the historical results of the Predecessors. See Notes 1 and 2 for further discussion.

(b) These amounts exclude balances associated with equity method investments. We recognized a cumulative adjustment of $3 million as a decrease to Equity Method Investments in our consolidated balance sheets as of January 1, 2018 for the impacts related to our equity method investment in TRG. There were no material impacts to this balance during the year ended December 31, 2018 due to the adoption.

(c) Included in the $34 million change to contract assets is a $32 million reclass from Receivables for amounts for which we were not allowed to invoice as of January 1, 2018.

Schedule of Revenue Disaggregation by Type and Product Line

Revenue Disaggregation by Type and Product Line (in millions)

	Year Ended December 31, 2018
	Terminalling and Transportation (a)		Gathering and Processing (a)		Wholesale
Service Revenues (b)
Refined products	$	898	$	—	$	17
Crude oil and water	153		438		—
Natural gas	—		391		—
Other	3		—		—
Total Service Revenues	1,054		829		17
Product Revenues
NGL products	—		434		—
Refined products	—		—		46
Total Product Revenues	—		434		46
Total Revenues	$	1,054	$	1,263	$	63

(a) Adjusted to include the historical results of the Predecessors. See Notes 1 and 2 for further discussion.

(b) Includes $425 million of lease revenues for the year ended December 31, 2018.