Related Party Transactions (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Other Related Party Balances

Other related party balances consist of the following:


	September 30, 2019		December 31, 2018
Accounts receivable	$	30	$	29
Prepaid expenses	2		15
Other assets	2		3
Accounts payable⁽¹⁾	10		9
Deferred revenue	—		3
Accrued liabilities⁽²⁾	19		16
Debt payable ⁽³⁾	2,691		2,091

⁽¹⁾ Accounts payable reflects amounts owed to SPLC for reimbursement of third-party expenses incurred by SPLC for our benefit.

⁽²⁾ As of September 30, 2019, accrued liabilities reflects $18 million accrued interest and $1 million other accrued liabilities. As of December 31, 2018, accrued liabilities reflects $14 million accrued interest and $2 million other accrued liabilities.

⁽³⁾Debt payable reflects borrowings outstanding after taking into account unamortized debt issuance costs of $3 million as of both September 30, 2019 and December 31, 2018.

The following table shows related party expenses, including certain personnel costs, incurred by Shell and SPLC on our behalf that are reflected in the accompanying unaudited consolidated statements of income for the indicated periods. Included in these amounts, and disclosed below, is our share of operating and general corporate expenses, as well as the fees paid to SPLC under certain agreements.


	Three Months Ended September 30,						Nine Months Ended September 30,
	2019		2018		2019		2018
Allocated operating expenses	$	5	$	3	$	13	$	11
Insurance expense⁽¹⁾	4		4		13		11
Other ⁽²⁾	5		6		18		17
Operations and maintenance – related parties	$	14	$	13	$	44	$	39

Allocated general corporate expenses	$	8	$	8	$	22	$	27
Management Agreement fee	3		2		7		6
Omnibus Agreement fee	3		2		8		6
General and administrative – related parties	$	14	$	12	$	37	$	39

⁽¹⁾The majority of our insurance coverage is provided by a wholly owned subsidiary of Shell with the remaining coverage provided by third-party insurers.

⁽²⁾Other expenses primarily relate to salaries and wages and other payroll expenses.

Schedule of Reimbursements from Parent

The following table reflects reimbursements from our Parent for the three and nine months ended September 30, 2019 and September 30, 2018:


	Three Months Ended September 30,						Nine Months Ended September 30,
	2019		2018		2019		2018
Cash received ⁽¹⁾	$	—	$	1	$	10	$	7
Changes in receivable from Parent ⁽²⁾	—		—		—		—
Total reimbursements ⁽³⁾	$	—	$	1	$	10	$	7

⁽¹⁾These reimbursements are included in Other contributions from Parent in the accompanying unaudited consolidated statements of cash flows.

⁽²⁾These reimbursements are included in Other non-cash contributions from Parent in the accompanying unaudited consolidated statements of cash flows.

⁽³⁾These reimbursements are included in Other contributions from (distributions to) Parent in the accompanying unaudited consolidated statements of changes in (deficit) equity.