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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
CURRENT ASSETS    
Cash and cash equivalents $ 25 $ 45
Restricted cash 21 37
Trade accounts receivable and other receivables, net 2,153 3,614
Inventory 683 604
Other current assets 523 312
Total current assets 3,405 4,612
PROPERTY AND EQUIPMENT 18,420 18,948
Accumulated depreciation (3,802) (3,593)
Property and equipment, net 14,618 15,355
OTHER ASSETS    
Investments in unconsolidated entities 3,743 3,683
Goodwill 0 2,540
Linefill and base gas 966 981
Long-term operating lease right-of-use assets, net 395 466
Long-term inventory 120 182
Other long-term assets, net 999 858
Total assets 24,246 28,677
CURRENT LIABILITIES    
Trade accounts payable 2,091 3,686
Short-term debt 790 504
Other current liabilities 923 827
Total current liabilities 3,804 5,017
LONG-TERM LIABILITIES    
Senior notes, net 9,069 8,939
Other long-term debt, net 312 248
Long-term operating lease liabilities 337 387
Other long-term liabilities and deferred credits 873 891
Total long-term liabilities 10,591 10,465
COMMITMENTS AND CONTINGENCIES (NOTE 12)
PARTNERS’ CAPITAL    
Total partners’ capital excluding noncontrolling interests 9,706 13,062
Noncontrolling interests 145 133
Total partners’ capital 9,851 13,195
Total liabilities and partners’ capital 24,246 28,677
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 $ 7,414 $ 10,770