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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 361.0 $ 320.0
Accounts receivable – third parties, net 16.0 20.0
Accounts receivable – related parties 40.0 21.0
Allowance oil 22.0 9.0
Prepaid expenses 26.0 24.0
Total current assets 465.0 394.0
Equity method investments 974.0 1,013.0
Property, plant and equipment, net 654.0 699.0
Operating lease right-of-use assets 3.0 4.0
Other investments 2.0 2.0
Contract assets – related parties 218.0 233.0
Other assets – related parties 2.0 2.0
Total assets 2,318.0 2,347.0
Current liabilities    
Accounts payable – third parties 4.0 5.0
Accounts payable – related parties 17.0 16.0
Deferred revenue – third parties 2.0 4.0
Deferred revenue – related parties 31.0 19.0
Accrued liabilities – third parties 11.0 10.0
Accrued liabilities – related parties 24.0 28.0
Debt payable – related party 400.0 0.0
Total current liabilities 489.0 82.0
Noncurrent liabilities    
Debt payable – related party 2,292.0 2,692.0
Operating lease liabilities 4.0 4.0
Finance lease liabilities 23.0 24.0
Deferred revenue and other unearned income 3.0 3.0
Total noncurrent liabilities 2,322.0 2,723.0
Total liabilities 2,811.0 2,805.0
Commitments and Contingencies
(DEFICIT) EQUITY    
Preferred unitholders (50,782,904 units issued and outstanding as of both December 31, 2021 and December 31, 2020) (1,059.0) (1,059.0)
Financing receivables – related parties (293.0) (298.0)
Accumulated other comprehensive loss (8.0) (9.0)
Total partners’ deficit (494.0) (481.0)
Noncontrolling interests 1.0 23.0
Total deficit (493.0) (458.0)
Total liabilities and deficit $ 2,318.0 2,347.0
Common unitholders' capital account, units outstanding (in shares) 393,289,537  
Common Units    
(DEFICIT) EQUITY    
Common unitholders $ 3,354.0 $ 3,382.0
Common unitholders' capital account, units outstanding (in shares) 123,832,233 123,832,233
Shell Pipeline Company L P | Common Units    
(DEFICIT) EQUITY    
Common unitholders $ (2,488.0) $ (2,497.0)
Common unitholders' capital account, units outstanding (in shares) 269,457,304 269,457,304