XML 44 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
Related Party Transactions (Tables)
 9 Months Ended
Sep. 30, 2017
Oxy  
Related Party Transaction [Line Items]  
Schedule of related party transactions
The impact to our Condensed Consolidated Statements of Operations from those transactions is included below (in millions):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
Revenues
$
204

 
$
171

 
$
657

 
$
424

 
 
 
 
 
 
 
 
Purchases and related costs (1)
$
(68
)
 
$
4

 
$
(169
)
 
$
(46
)
 
(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 (in millions):
 
September 30,
2017
 
December 31, 2016
Trade accounts receivable and other receivables
$
877

 
$
789

 
 
 
 
Accounts payable
$
833

 
$
836