Related Party Transactions

12 Months Ended

Dec. 31, 2018

RELATED PARTY TRANSACTIONS:

In June 2017, the Partnership acquired all of the publicly held PennTex common units through a tender offer and exercise of a limited call right, as further discussed in Note 8.

ET previously paid ETO to provide services on its behalf and on behalf of other subsidiaries of ET, which included the reimbursement of various operating and general and administrative expenses incurred by ETO on behalf of ET and its subsidiaries. These agreements expired in 2016.

The Partnership also has related party transactions with several of its equity method investees. In addition to commercial transactions, these transactions include the provision of certain management services and leases of certain assets.

The following table summarizes the affiliate revenues on our consolidated statements of operations:



	Years Ended December 31,
	2018		2017		2016
Affiliated revenues	$	431	$	303	$	221

The following table summarizes the related company balances on our consolidated balance sheets:



	December 31,
	2018		2017
Accounts receivable from related companies:
FGT	25		11
Phillips 66	42		20
Other	44		22
Total accounts receivable from related companies	$	111	$	53

As of December 31, 2018 and 2017, accounts payable with related companies in the Partnership’s consolidated balance sheets totaled $59 million and $31 million, respectively.