UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 332	$ 290
Accounts receivable – third parties, net	10	12
Accounts receivable – related parties	36	29
Allowance oil	5	12
Prepaid expenses	6	16
Total current assets	389	359
Equity method investments	1,069	926
Property, plant and equipment, net	710	726
Operating lease right-of-use assets	4	4
Other investments	2	2
Contract assets – related parties	240	0
Other assets – related parties	2	2
Total assets	2,416	2,019
Current liabilities
Accounts payable – third parties	5	5
Accounts payable – related parties	21	10
Deferred revenue – third parties	5	0
Deferred revenue – related party	4	0
Accrued liabilities – third parties	17	12
Accrued liabilities – related parties	20	19
Total current liabilities	72	46
Noncurrent liabilities
Debt payable – related party	2,692	2,692
Operating lease liabilities	4	4
Finance lease liabilities	24	24
Deferred revenue and other unearned income	3	2
Total noncurrent liabilities	2,723	2,722
Total liabilities	2,795	2,768
Commitments and Contingencies (Note 12)
(DEFICIT) EQUITY
Preferred unitholders (50,782,904 units issued and outstanding as of June 30, 2020 and 0 units issued and outstanding as of December 31, 2019)	(1,059)	0
Financing receivables – related parties	(301)	0
Accumulated other comprehensive loss	(8)	(8)
Total partners’ deficit	(403)	(775)
Noncontrolling interests	24	26
Total deficit	(379)	(749)
Total liabilities and deficit	$ 2,416	$ 2,019
Common unitholders' capital account, units outstanding (in shares)	393,289,537	233,289,537
Shell Pipeline Company L P
(DEFICIT) EQUITY
General partner – SPLC (0 and 4,761,012 units issued and outstanding as of June 30, 2020 and December 31, 2019)	$ 0	$ (4,014)
Common Units
(DEFICIT) EQUITY
Common unitholders	$ 3,421	$ 3,450
Common unitholders' capital account, units outstanding (in shares)	123,832,233	123,832,233
Common Units | Shell Pipeline Company L P
(DEFICIT) EQUITY
Common unitholders	$ (2,456)	$ (203)
Common unitholders' capital account, units outstanding (in shares)	269,457,304	109,457,304