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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 26 $ 25
Restricted cash 7 38
Trade accounts receivable and other receivables, net 3,897 2,553
Inventory 675 647
Other current assets 1,073 405
Total current assets 5,678 3,668
PROPERTY AND EQUIPMENT 17,577 18,620
Accumulated depreciation (4,119) (4,000)
Property and equipment, net 13,458 14,620
OTHER ASSETS    
Investments in unconsolidated entities 3,745 3,764
Deferred tax asset 1,414 1,444
Linefill and base gas 909 982
Long-term operating lease right-of-use assets, net 344 378
Long-term inventory 210 130
Other long-term assets, net 1,054 965
Total assets 26,812 25,951
CURRENT LIABILITIES    
Trade accounts payable 4,113 2,425
Short-term debt 1,456 831
Other current liabilities 594 999
Total current liabilities 6,163 4,255
LONG-TERM LIABILITIES    
Senior notes, net 8,326 9,071
Other long-term debt, net 63 311
Long-term operating lease liabilities 289 317
Other long-term liabilities and deferred credits 910 807
Total long-term liabilities 9,588 10,506
COMMITMENTS AND CONTINGENCIES (NOTE 10)
PARTNERS’ CAPITAL    
Noncontrolling interests 9,640 9,726
Total partners’ capital 11,061 11,190
Total liabilities and partners’ capital 26,812 25,951
Class A Shares    
PARTNERS’ CAPITAL    
Class A shareholders (194,123,869 and 194,051,436 shares outstanding, respectively) $ 1,421 $ 1,464