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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 4 $ 4
Restricted cash 0  
Accounts receivable, net of allowance for doubtful accounts (Note 1) 192 244
Accounts receivable—affiliated companies 17 25
Inventory 43 46
Gas imbalances 36 35
Other current assets 41 35
Total current assets 333 389
Property, Plant and Equipment:    
Property, plant and equipment 13,183 13,161
Less: Accumulated depreciation and amortization 2,366 2,291
Property, plant and equipment, net 10,817 10,870
Other Assets:    
Intangible assets, net 585 601
Goodwill 0 12
Investment in equity method affiliate 305 309
Other, net of allowance for doubtful accounts (Note 1) 77 85
Total other assets 967 1,007
Total Assets 12,117 12,266
Current Liabilities:    
Accounts payable 100 161
Accounts payable—affiliated companies 2 1
Current portion of long-term debt 0 251
Short-term debt 110 155
Taxes accrued 25 32
Gas imbalances 17 19
Other 137 161
Total current liabilities 391 780
Other Liabilities:    
Accumulated deferred income taxes, net 3 4
Regulatory liabilities 24 24
Other 77 80
Total other liabilities 104 108
Long-Term Debt 4,270 3,969
Commitments and Contingencies (Note 14)
Partners’ Equity:    
Series A Preferred Units (14,520,000 issued and outstanding at March 31, 2020 and December 31, 2019) 362 362
Common units (435,443,494 issued and outstanding at March 31, 2020 and 435,201,365 issued and outstanding at December 31, 2019, respectively) 6,972 7,013
Accumulated other comprehensive loss (9) (3)
Noncontrolling interest 27 37
Total Partners’ Equity 7,352 7,409
Total Liabilities and Partners’ Equity $ 12,117 $ 12,266