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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 609 $ 66
Restricted cash 59  
Trade accounts receivable and other receivables, net 2,912 2,454
Inventory 816 640
Other current assets 280 373
Total current assets 4,676 3,533
PROPERTY AND EQUIPMENT 18,694 17,866
Accumulated depreciation (3,437) (3,079)
Property and equipment, net 15,257 14,787
OTHER ASSETS    
Goodwill 2,532 2,521
Investments in unconsolidated entities 3,485 2,702
Linefill and base gas 930 916
Long-term operating lease right-of-use assets, net 443  
Long-term inventory 159 136
Other long-term assets, net 895 916
Total assets 28,377 25,511
CURRENT LIABILITIES    
Trade accounts payable 3,034 2,704
Short-term debt 1,084 66
Other current liabilities 754 686
Total current liabilities 4,872 3,456
LONG-TERM LIABILITIES    
Senior notes, net 8,937 8,941
Other long-term debt, net 236 202
Long-term operating lease liabilities 348  
Other long-term liabilities and deferred credits 873 910
Total long-term liabilities 10,394 10,053
COMMITMENTS AND CONTINGENCIES (NOTE 13)
PARTNERS’ CAPITAL    
Total partners’ capital excluding noncontrolling interests 12,978 12,002
Noncontrolling interests 133  
Total partners’ capital 13,111 12,002
Total liabilities and partners’ capital 28,377 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 $ 10,686 $ 9,710