Accounts Receivable, net

6 Months Ended

Jun. 30, 2020

Accounts Receivable, after Allowance for Credit Loss [Abstract]

Accounts Receivable, net

Accounts Receivable, net

Trade accounts receivable are recorded at the invoiced amount and do not bear interest. The Partnership maintains allowances for expected credit losses. Following the adoption of ASU 2016-13, the allowances are based on the best estimate of the amount of expected credit losses in existing accounts receivable. The Partnership determines the allowances based on historical write-off experience by industry, economic data and current expectations of future credit losses. The Partnership reviews the allowances for expected credit losses quarterly.

Accounts receivable, net, consisted of the following:

	June 30, 2020			December 31, 2019
	(in millions)
Accounts receivable, trade	$	208		$	337
Credit card receivables	55			29
Vendor receivables for rebates and branding	21			19
Other receivables	4			16
Allowance for expected credit losses	(18		)	(2		)
Accounts receivable, net	$	270		$	399