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CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Dec. 31, 2018 | Dec. 31, 2017
--- | --- | ---
CURRENT ASSETS |  |
Cash and cash equivalents | $ 66 | $ 37
Trade accounts receivable and other receivables, net | 2,454 | 3,029
Inventory | 640 | 713
Other current assets | 373 | 221
Total current assets | 3,533 | 4,000
PROPERTY AND EQUIPMENT | 17,866 | 16,862
Accumulated depreciation | (3,079) | (2,773)
Property and equipment, net | 14,787 | 14,089
OTHER ASSETS |  |
Goodwill | 2,521 | 2,566
Investments in unconsolidated entities | 2,702 | 2,756
Linefill and base gas | 916 | 872
Long-term inventory | 136 | 164
Other long-term assets, net | 916 | 904
Total assets | 25,511 | 25,351
CURRENT LIABILITIES |  |
Trade accounts payable | 2,704 | 3,323
Short-term debt | 66 | 737
Other current liabilities | 686 | 471
Total current liabilities | 3,456 | 4,531
LONG-TERM LIABILITIES |  |
Senior notes, net | 8,941 | 8,933
Other long-term debt, net | 202 | 250
Other long-term liabilities and deferred credits | 910 | 679
Total long-term liabilities | 10,053 | 9,862
COMMITMENTS AND CONTINGENCIES (NOTE 18) |  |
PARTNERS’ CAPITAL |  |
Total partners’ capital | 12,002 | 10,958
Total liabilities and partners’ capital | 25,511 | 25,351
Series A Preferred Units |  |
PARTNERS’ CAPITAL |  |
Unitholders | 1,505 | 1,505
Series B Preferred Units |  |
PARTNERS’ CAPITAL |  |
Unitholders | 787 | 788
Common Units |  |
PARTNERS’ CAPITAL |  |
Unitholders | $ 9,710 | $ 8,665

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