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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 42 $ 47
Restricted cash 64 37
Trade accounts receivable and other receivables, net 1,919 3,614
Inventory 662 604
Other current assets 476 312
Total current assets 3,163 4,614
PROPERTY AND EQUIPMENT 18,304 18,983
Accumulated depreciation (3,694) (3,616)
Property and equipment, net 14,610 15,367
OTHER ASSETS    
Investments in unconsolidated entities 3,781 3,683
Goodwill 0 2,540
Deferred tax asset 1,442 1,280
Linefill and base gas 962 981
Long-term operating lease right-of-use assets, net 416 466
Long-term inventory 125 182
Other long-term assets, net 990 856
Total assets 25,489 29,969
CURRENT LIABILITIES    
Trade accounts payable 2,138 3,687
Short-term debt 729 504
Other current liabilities 767 828
Total current liabilities 3,634 5,019
LONG-TERM LIABILITIES    
Senior notes, net 9,067 8,939
Other long-term debt, net 326 248
Long-term operating lease liabilities 356 387
Other long-term liabilities and deferred credits 853 891
Total long-term liabilities 10,602 10,465
COMMITMENTS AND CONTINGENCIES (NOTE 12)
PARTNERS’ CAPITAL    
Noncontrolling interests 9,788 12,330
Total partners’ capital 11,253 14,485
Total liabilities and partners’ capital 25,489 29,969
Class A Shares    
PARTNERS’ CAPITAL    
Class A shareholders (184,260,178 and 182,138,592 shares outstanding, respectively) $ 1,465 $ 2,155