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Related Party Transactions (Tables) | 9 Months Ended
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Sep. 30, 2015
Oxy |
Related party transaction |
Schedule of related party transactions | These transactions were conducted at posted tariff rates or prices that we believe approximate market. The impact to our Condensed Consolidated Statements of Operations from those transactions is included below (in millions):
|  | Three Months Ended |  | Nine Months Ended |
|  | September 30, |  | September 30, |
|  | 2015 |  | 2014 |  | 2015 |  | 2014 |
Revenues |  | $ | 187 |  | $ | 369 |  | $ | 745 |  | $ | 812 |
Purchases and related costs (1) |  | $ | (34) |  | $ | 233 |  | $ | 112 |  | $ | 701 |
| (1) |  | Purchases and related costs include crude oil buy/sell transactions that are accounted for as inventory exchanges and are presented net in our Condensed Consolidated Statements of Operations.
We currently have a netting arrangement with Oxy. Our gross receivable and payable amounts with Oxy were as follows as of the dates indicated (in millions):
|  | September 30, |  | December 31, |
|  | 2015 |  | 2014 |
Trade accounts receivable and other receivables |  | $ | 535 |  | $ | 489 |
Accounts payable |  | $ | 494 |  | $ | 441 |

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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