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Inventories (Notes)

3 Months Ended

Mar. 31, 2018

Inventory, Net [Abstract]

Inventories

INVENTORIES

Inventories consisted of the following:

	March 31, 2018				December 31, 2017
Natural gas, NGLs, and refined products	$	812			$	1,120
Crude oil	701				551
Spare parts and other	348				351
Total inventories	$	1,861			$	2,022

ETP utilizes commodity derivatives to manage price volatility associated with its natural gas inventories. Changes in fair value of designated hedged inventory are recorded in inventory on our consolidated balance sheets and cost of products sold in our consolidated statements of operations.

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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- References

No definition available.

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