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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
CURRENT ASSETS    
Cash and cash equivalents $ 27 $ 403
Trade accounts receivable and other receivables, net 1,785 2,615
Inventory 916 891
Other current assets 241 270
Total current assets 2,969 4,179
PROPERTY AND EQUIPMENT 15,654 14,178
Accumulated depreciation (2,180) (1,906)
Property and equipment, net 13,474 12,272
OTHER ASSETS    
Goodwill 2,405 2,465
Investments in unconsolidated entities 2,027 1,735
Linefill and base gas 898 930
Long-term inventory 129 186
Other long-term assets, net 386 431
Total assets 22,288 22,198
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 2,038 2,986
Short-term debt 999 1,287
Other current liabilities 370 482
Total current liabilities 3,407 4,755
LONG-TERM LIABILITIES    
Senior notes, net of unamortized discounts and debt issuance costs 9,698 8,699
Other long-term debt 677 5
Other long-term liabilities and deferred credits 567 548
Total long-term liabilities $ 10,942 $ 9,252
COMMITMENTS AND CONTINGENCIES (NOTE 16)
PARTNERS' CAPITAL    
Common unitholders (397,727,624 and 375,107,793 units outstanding, respectively) $ 7,580 $ 7,793
General partner 301 340
Total partners' capital excluding noncontrolling interests 7,881 8,133
Noncontrolling interests 58 58
Total partners' capital 7,939 8,191
Total liabilities and partners' capital $ 22,288 $ 22,198