UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 251	$ 361
Accounts receivable – third parties, net	15	16
Accounts receivable – related parties	47	40
Allowance oil	27	22
Prepaid expenses	17	26
Total current assets	357	465
Equity method investments	979	974
Property, plant and equipment, net	640	654
Operating lease right-of-use assets	3	3
Other investments	2	2
Contract assets – related parties	214	218
Other assets – related parties	2	2
Total assets	2,197	2,318
Current liabilities
Accounts payable – third parties	6	4
Accounts payable – related parties	14	17
Deferred revenue – third parties	4	2
Deferred revenue – related parties	36	31
Accrued liabilities – third parties	12	11
Accrued liabilities – related parties	18	24
Debt payable – related party	250	400
Total current liabilities	340	489
Noncurrent liabilities
Debt payable – related party	2,292	2,292
Operating lease liabilities	4	4
Finance lease liabilities	22	23
Deferred revenue and other unearned income	3	3
Total noncurrent liabilities	2,321	2,322
Total liabilities	2,661	2,811
Commitments and Contingencies
(DEFICIT) EQUITY
Preferred unitholders (50,782,904 units issued and outstanding as of both March 31, 2022 and December 31, 2021)	(1,059)	(1,059)
Financing receivables – related parties	(292)	(293)
Accumulated other comprehensive loss	(8)	(8)
Total partners’ deficit	(465)	(494)
Noncontrolling interests	1	1
Total deficit	(464)	(493)
Total liabilities and deficit	2,197	2,318
Common Units
(DEFICIT) EQUITY
Common unitholders	3,363	3,354
Common Units | Shell Pipeline Company L P
(DEFICIT) EQUITY
Common unitholders	$ (2,469)	$ (2,488)