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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 11 $ 4
Restricted cash 0  
Accounts receivable, net of allowance for doubtful accounts (Note 1) 223 244
Accounts receivable—affiliated companies 15 25
Inventory 43 46
Gas imbalances 38 35
Other current assets 44 35
Total current assets 374 389
Property, Plant and Equipment:    
Property, plant and equipment 13,172 13,161
Less: Accumulated depreciation and amortization 2,430 2,291
Property, plant and equipment, net 10,742 10,870
Other Assets:    
Intangible assets, net 570 601
Goodwill 0 12
Investment in equity method affiliate 301 309
Other, net of allowance for doubtful accounts (Note 1) 74 85
Total other assets 945 1,007
Total Assets 12,061 12,266
Current Liabilities:    
Accounts payable 88 161
Accounts payable—affiliated companies 2 1
Current portion of long-term debt 0 251
Short-term debt 30 155
Taxes accrued 38 32
Gas imbalances 19 19
Other 113 161
Total current liabilities 290 780
Other Liabilities:    
Accumulated deferred income taxes, net 5 4
Regulatory liabilities 25 24
Other 75 80
Total other liabilities 105 108
Long-Term Debt 4,349 3,969
Commitments and Contingencies (Note 14)
Partners’ Equity:    
Series A Preferred Units (14,520,000 issued and outstanding at June 30, 2020 and December 31, 2019) 362 362
Common Units (435,454,209 issued and outstanding at June 30, 2020 and 435,201,365 issued and outstanding at December 31, 2019) 6,937 7,013
Accumulated other comprehensive loss (9) (3)
Noncontrolling interest 27 37
Total Partners’ Equity 7,317 7,409
Total Liabilities and Partners’ Equity $ 12,061 $ 12,266