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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
CURRENT ASSETS    
Cash and cash equivalents $ 41 $ 50
Trade accounts receivable and other receivables, net 2,218 2,279
Inventory 1,219 1,343
Other current assets 736 603
Total current assets 4,214 4,275
PROPERTY AND EQUIPMENT 16,509 16,261
Accumulated depreciation (2,432) (2,371)
Property and equipment, net 14,077 13,890
OTHER ASSETS    
Goodwill 2,596 2,344
Investments in unconsolidated entities 2,469 2,343
Deferred tax asset 2,221 1,876
Linefill and base gas 883 896
Long-term inventory 131 193
Other long-term assets, net 917 286
Total assets 27,508 26,103
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 2,475 2,590
Short-term debt 1,341 1,715
Other current liabilities 342 361
Total current liabilities 4,158 4,666
LONG-TERM LIABILITIES    
Senior notes, net of unamortized discounts and debt issuance costs 9,876 9,874
Other long-term debt 3 250
Other long-term liabilities and deferred credits 644 606
Total long-term liabilities 10,523 10,730
COMMITMENTS AND CONTINGENCIES (NOTE 12)
PARTNERS’ CAPITAL    
Noncontrolling interests 10,223 8,970
Total partners’ capital 12,827 10,707
Total liabilities and partners’ capital 27,508 26,103
Class A Shares    
PARTNERS’ CAPITAL    
Class A Shareholders (151,779,960 and 101,206,526 shares outstanding, respectively) $ 2,604 $ 1,737