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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 1,099 $ 667
Reconciliation of net income to net cash provided by operating activities:    
Depreciation and amortization 306 401
Equity-indexed compensation expense 59 33
Inventory valuation adjustments   35
Deferred income tax expense 1 21
(Gain)/loss on foreign currency revaluation 2 (20)
Settlement of terminated interest rate hedging instruments 14 (29)
Equity earnings in unconsolidated entities (281) (201)
Distributions on earnings from unconsolidated entities 324 222
Gain on sale of investment in unconsolidated entities (210)  
Other 17 19
Changes in assets and liabilities, net of acquisitions (37) 770
Net cash provided by operating activities 1,294 1,918
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash paid in connection with acquisitions, net of cash acquired   (1,282)
Investments in unconsolidated entities (300) (356)
Additions to property, equipment and other (1,184) (778)
Proceeds from sales of assets 1,298 407
Return of investment from unconsolidated entities 10 21
Other investing activities (8) 25
Net cash used in investing activities (184) (1,963)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net repayments under commercial paper program (Note 9) (63) (115)
Net borrowings/(repayments) under senior secured hedged inventory facility (Note 9) (479) 7
Proceeds from GO Zone term loans (Note 9) 200  
Repayments of senior notes   (400)
Net proceeds from sales of common units   1,664
Other financing activities (20) 41
Net cash provided by/(used in) financing activities (1,115) 29
Effect of translation adjustment on cash (3) 2
Net decrease in cash and cash equivalents (8) (14)
Cash and cash equivalents, beginning of period 37 47
Cash and cash equivalents, end of period 29 33
Cash paid for:    
Interest, net of amounts capitalized 281 325
Income taxes, net of amounts refunded 20 47
Series A Preferred Units    
CASH FLOWS FROM FINANCING ACTIVITIES    
Distributions paid to unitholders (Note 10) (75)  
Series B Preferred Units    
CASH FLOWS FROM FINANCING ACTIVITIES    
Distributions paid to unitholders (Note 10) (25)  
Common Units    
CASH FLOWS FROM FINANCING ACTIVITIES    
Distributions paid to unitholders (Note 10) $ (653) $ (1,168)