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Acquisitions and Related Transactions (Tables) | 12 Months Ended
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Dec. 31, 2021
SemGroup [Member] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | During the first and second quarters of 2020, Energy Transfer contributed former SemGroup assets to ETO through sale and contribution transactions. The following table represents the fair value, as of December 5, 2019, of the SemGroup assets and liabilities transferred from Energy Transfer to ETO:
| At December 5, 2019
Total current assets | $ | 794 |
Property, plant and equipment | 3,891 |
Other non-current assets | 617 |
Goodwill | 295 |
Intangible assets | 460 |
Total assets | $ | 6,057 |
Total current liabilities | $ | 629 |
Long-term debt, less current maturities (1) | 2,576 |
Other non-current liabilities | 197 |
Energy Transfer Canada Preferred shares | 241 |
Total liabilities | 3,643 |
Noncontrolling interest | 822 |
Partners’ capital | 1,592 |
Total liabilities and partners’ capital | $ | 6,057 |
(1)Long-term debt at December 5, 2019 includes SemGroup senior notes with an aggregate principal amount of $1.375 billion and SemGroup subsidiary debt of $593 million, all of which was redeemed in December 2019, subsequent to the close of the SemGroup Transaction. During 2020, the Partnership has recorded impairments on certain of the contributed SemGroup assets. Those impairments include a $244 million impairment of goodwill and a $129 million impairment of other non-current assets.
Enable |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] | The following table summarizes the assumed allocation of the purchase price among the assets acquired and liabilities assumed:
| At December 2, 2021
Total current assets | $ | 593 |
Property, plant and equipment, net | 7,076 |
Investments in unconsolidated affiliates | 40 |
Other non-current assets | 39 |
Intangible assets, net | 440 |
Goodwill | 138 |
Total assets | 8,326 |
Total current liabilities | 488 |
Long-term debt, less current maturities(1) | 4,267 |
Other non-current liabilities | 18 |
Total liabilities | 4,773 |
Noncontrolling interests | 34 |
Total consideration | 3,519 |
Cash received | 61 |
Total consideration | $ | 3,458 |
(1)Long-term debt at December 2, 2021 includes Enable senior notes with an aggregate principal amount of $3.18 billion in senior notes and a fair value of $3.43 billion. It also includes $800 million outstanding on the Enable 2019 Term Loan Agreement and $35 million outstanding on the Enable Five-Year Revolving Credit Facility, both of which were repaid and terminated in December 2021, immediately subsequent to the close of the Enable Acquisition.

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472 + Details
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