Cash And Cash Equivalents

9 Months Ended

Sep. 30, 2023

Supplemental Cash Flow Information [Abstract]

CASH AND CASH EQUIVALENTS

Cash and cash equivalents include all cash on hand, demand deposits and investments with original maturities of three months or less. We consider cash equivalents to include short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. The Partnership’s consolidated balance sheets did not include any material amounts of restricted cash as of September 30, 2023 or December 31, 2022.

We place our cash deposits and temporary cash investments with high credit quality financial institutions. At times, our cash and cash equivalents may be uninsured or in deposit accounts that exceed the Federal Deposit Insurance Corporation insurance limit.

The net change in operating assets and liabilities, net of effects of acquisitions, included in cash flows from operating activities is comprised as follows:


	Nine Months Ended September 30,
	2023		2022
Accounts receivable	$	(1,125)	$	(999)
Accounts receivable from related companies	(8)		17
Inventories	(3)		(287)
Other current assets	208		(176)
Other non-current assets, net	(135)		106
Accounts payable	1,076		599
Accounts payable to related companies	(12)		1
Accrued and other current liabilities	562		585
Other non-current liabilities	669		254
Derivative assets and liabilities, net	(50)		(312)
Net change in operating assets and liabilities, net of effects of acquisitions and divestitures	$	1,182	$	(212)

Non-cash investing and financing activities were as follows:


	Nine Months Ended September 30,
	2023		2022

Accrued capital expenditures	$	354	$	454

Lease assets obtained in exchange for new lease liabilities	26		37
Distribution reinvestment	70		42