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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 444 $ 203
Reconciliation of net income to net cash provided by operating activities:    
Depreciation and amortization 121 114
Equity-indexed compensation expense 12 4
Deferred income tax (benefit)/expense 56 (12)
(Gain)/loss on foreign currency revaluation (3) (3)
Equity earnings in unconsolidated entities (53) (47)
Distributions from unconsolidated entities 52 52
Other 10 6
Changes in assets and liabilities, net of acquisitions 177 318
Net cash provided by operating activities 816 635
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash paid in connection with acquisitions, net of cash acquired (1,254) (85)
Investments in unconsolidated entities (123) (75)
Additions to property, equipment and other (275) (372)
Proceeds from sales of assets 161 246
Other investing activities   (1)
Net cash used in investing activities (1,491) (287)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net borrowings/(repayments) under commercial paper program (Note 8) 149 (1,211)
Net repayments under senior secured hedged inventory facility (Note 8) (501) (300)
Repayments of senior notes (Note 8) (400)  
Net proceeds from the sale of Series A preferred units   1,570
Net proceeds from the sale of common units (Note 9) 1,664  
Contributions from general partner   33
Distributions paid to common unitholders (Note 9) (371) (278)
Distributions paid to general partner   (155)
Other financing activities 125 (2)
Net cash provided by/(used in) financing activities 666 (343)
Effect of translation adjustment on cash   4
Net increase/(decrease) in cash and cash equivalents (9) 9
Cash and cash equivalents, beginning of period 47 27
Cash and cash equivalents, end of period 38 36
Cash paid for:    
Interest, net of amounts capitalized 92 85
Income taxes, net of amounts refunded $ 27 $ 16