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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 419 $ 66
Restricted cash 42  
Trade accounts receivable and other receivables, net 2,835 2,454
Inventory 558 640
Other current assets 428 373
Total current assets 4,282 3,533
PROPERTY AND EQUIPMENT 18,460 17,866
Accumulated depreciation (3,319) (3,079)
Property and equipment, net 15,141 14,787
OTHER ASSETS    
Goodwill 2,537 2,521
Investments in unconsolidated entities 3,377 2,702
Linefill and base gas 922 916
Long-term operating lease right-of-use assets, net 469  
Long-term inventory 152 136
Other long-term assets, net 877 916
Total assets 27,757 25,511
CURRENT LIABILITIES    
Trade accounts payable 3,042 2,704
Short-term debt 470 66
Other current liabilities 782 686
Total current liabilities 4,294 3,456
LONG-TERM LIABILITIES    
Senior notes, net 8,945 8,941
Other long-term debt, net 231 202
Long-term operating lease liabilities 370  
Other long-term liabilities and deferred credits 844 910
Total long-term liabilities 10,390 10,053
COMMITMENTS AND CONTINGENCIES (NOTE 13)
PARTNERS’ CAPITAL    
Total partners’ capital excluding noncontrolling interests 12,941 12,002
Noncontrolling interests 132  
Total partners’ capital 13,073 12,002
Total liabilities and partners’ capital 27,757 25,511
Series A Preferred Units    
PARTNERS’ CAPITAL    
Partners' capital 1,505 1,505
Series B Preferred Units    
PARTNERS’ CAPITAL    
Partners' capital 787 787
Common Units    
PARTNERS’ CAPITAL    
Partners' capital $ 10,649 $ 9,710