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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 117 $ 452
Trade accounts receivable and other receivables, net 7,136 4,705
Inventory 527 783
Other current assets 320 200
Total current assets 8,100 6,140
PROPERTY AND EQUIPMENT 19,434 19,292
Accumulated depreciation (4,565) (4,383)
Property and equipment, net 14,869 14,909
OTHER ASSETS    
Investments in unconsolidated entities 3,807 3,805
Intangible assets, net 1,901 1,960
Deferred tax asset 1,341 1,362
Linefill 919 907
Long-term operating lease right-of-use assets, net 387 393
Long-term inventory 374 253
Other long-term assets, net 293 249
Total assets 31,991 29,978
CURRENT LIABILITIES    
Trade accounts payable 6,871 4,811
Short-term debt 900 822
Other current liabilities 801 601
Total current liabilities 8,572 6,234
LONG-TERM LIABILITIES    
Senior notes, net 7,931 8,329
Other long-term debt, net 55 69
Long-term operating lease liabilities 331 339
Other long-term liabilities and deferred credits 901 830
Total long-term liabilities 9,218 9,567
Commitments and Contingencies
PARTNERS’ CAPITAL    
Noncontrolling interests 12,661 12,644
Total partners’ capital 14,201 14,177
Total liabilities and partners’ capital 31,991 29,978
Class A Shares    
PARTNERS’ CAPITAL    
Class A shareholders (194,228,477 and 194,192,777 shares outstanding, respectively) $ 1,540 $ 1,533