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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 40 $ 47
Restricted cash 122 37
Trade accounts receivable and other receivables, net 2,200 3,614
Inventory 181 604
Other current assets 530 312
Total current assets 3,073 4,614
PROPERTY AND EQUIPMENT 17,962 18,983
Accumulated depreciation (3,549) (3,616)
Property and equipment, net 14,413 15,367
OTHER ASSETS    
Investments in unconsolidated entities 3,714 3,683
Goodwill 0 2,540
Deferred tax asset 1,455 1,280
Linefill and base gas 955 981
Long-term operating lease right-of-use assets, net 430 466
Long-term inventory 73 182
Other long-term assets, net 1,053 856
Total assets 25,166 29,969
CURRENT LIABILITIES    
Trade accounts payable 2,246 3,687
Short-term debt 363 504
Other current liabilities 750 828
Total current liabilities 3,359 5,019
LONG-TERM LIABILITIES    
Senior notes, net 8,941 8,939
Other long-term debt, net 477 248
Long-term operating lease liabilities 370 387
Other long-term liabilities and deferred credits 833 891
Total long-term liabilities 10,621 10,465
COMMITMENTS AND CONTINGENCIES (NOTE 12)
PARTNERS’ CAPITAL    
Noncontrolling interests 9,729 12,330
Total partners’ capital 11,186 14,485
Total liabilities and partners’ capital 25,166 29,969
Class A Shares    
PARTNERS’ CAPITAL    
Class A shareholders (184,240,079 and 182,138,592 shares outstanding, respectively) $ 1,457 $ 2,155