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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
CURRENT ASSETS    
Cash and cash equivalents $ 45 $ 66
Restricted cash 37  
Trade accounts receivable and other receivables, net 3,614 2,454
Inventory 604 640
Other current assets 312 373
Total current assets 4,612 3,533
PROPERTY AND EQUIPMENT 18,948 17,866
Accumulated depreciation (3,593) (3,079)
Property and equipment, net 15,355 14,787
OTHER ASSETS    
Goodwill 2,540 2,521
Investments in unconsolidated entities 3,683 2,702
Linefill and base gas 981 916
Long-term operating lease right-of-use assets, net 466  
Long-term inventory 182 136
Other long-term assets, net 858 916
Total assets 28,677 25,511
CURRENT LIABILITIES    
Trade accounts payable 3,686 2,704
Short-term debt 504 66
Other current liabilities 827 686
Total current liabilities 5,017 3,456
LONG-TERM LIABILITIES    
Senior notes, net 8,939 8,941
Other long-term debt, net 248 202
Long-term operating lease liabilities 387  
Other long-term liabilities and deferred credits 891 910
Total long-term liabilities 10,465 10,053
COMMITMENTS AND CONTINGENCIES (NOTE 19)
PARTNERS’ CAPITAL    
Total partners' capital excluding noncontrolling interests 13,062 12,002
Noncontrolling interests 133  
Total partners’ capital 13,195 12,002
Total liabilities and partners’ capital 28,677 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 $ 10,770 $ 9,710