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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 2,180 $ 2,216 $ 858
Reconciliation of net income to net cash provided by operating activities:      
Depreciation and amortization 601 520 517
(Gains)/losses on asset sales and asset impairments, net 28 (114) 109
Equity-indexed compensation expense 34 79 41
Inventory valuation adjustments (Note 5) 11 8 35
Deferred income tax expense/(benefit) (46) 132 16
Settlement of terminated interest rate hedging instruments (55) 14 (29)
Equity earnings in unconsolidated entities (388) (375) (290)
Distributions on earnings from unconsolidated entities 401 422 304
Gain on investment in unconsolidated entities (271) (200)  
Other 21 39 (3)
Changes in assets and liabilities, net of acquisitions:      
Trade accounts receivable and other (1,158) 309 (511)
Inventory (5) (75) 605
Trade accounts payable and other 1,151 (367) 847
Net cash provided by operating activities 2,504 2,608 2,499
CASH FLOWS FROM INVESTING ACTIVITIES      
Cash paid in connection with acquisitions, net of cash acquired (Note 7) (50)   (1,280)
Investments in unconsolidated entities (Note 9) (524) (468) (416)
Additions to property, equipment and other (1,181) (1,634) (1,024)
Proceeds from sales of assets (Note 7) 77 1,334 1,083
Return of investment from unconsolidated entities (Note 9)   10 21
Cash received from sales of linefill and base gas     49
Cash paid for purchases of linefill and base gas (74) (45) (2)
Other investing activities (13) (10) (1)
Net cash used in investing activities (1,765) (813) (1,570)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net borrowings/(repayments) under commercial paper program (Note 11) 93 (123) (690)
Net borrowings/(repayments) under senior secured hedged inventory facility (Note 11) 325 (778) 36
Proceeds from GO Zone term loans (Note 11)   200  
Proceeds from the issuance of senior notes (Note 11) 998    
Repayments of senior notes (Note 11) (1,000)   (1,350)
Net proceeds from the sale of Series B preferred units (Note 12)     788
Net proceeds from the sale of common units (Note 12)     1,664
Sale of noncontrolling interest in a subsidiary (Note 12) 128    
Other financing activities (62) (24)  
Net cash used in financing activities (720) (1,757) (943)
Effect of translation adjustment on cash (3) (9) 4
Net increase/(decrease) in cash and cash equivalents and restricted cash 16 29 (10)
Cash and cash equivalents and restricted cash, beginning of period 66 37 47
Cash and cash equivalents and restricted cash, end of period 82 66 37
Cash paid for:      
Interest, net of amounts capitalized 397 400 486
Income taxes, net of amounts refunded 136 21 50
Series A Preferred Units      
CASH FLOWS FROM FINANCING ACTIVITIES      
Distributions paid to unitholders (Note 12) (149) (112)  
Series B Preferred Units      
CASH FLOWS FROM FINANCING ACTIVITIES      
Distributions paid to unitholders (Note 12) (49) (49) (5)
Common Units      
CASH FLOWS FROM FINANCING ACTIVITIES      
Distributions paid to unitholders (Note 12) $ (1,004) $ (871) $ (1,386)