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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income/(loss) $ (2,555) $ 1,872
Reconciliation of net income/(loss) to net cash provided by operating activities:    
Depreciation and amortization 493 439
(Gains)/losses on asset sales and asset impairments, net (Note 14) 617 (7)
Goodwill impairment losses (Note 6) 2,515 0
Equity-indexed compensation expense 8 31
Inventory valuation adjustments 233 11
Deferred income tax benefit (32) (30)
Settlement of terminated interest rate hedging instruments (100) (55)
Change in fair value of Preferred Distribution Rate Reset Option (Note 10) (7) (16)
Equity earnings in unconsolidated entities (280) (274)
Distributions on earnings from unconsolidated entities 344 307
(Gain on)/impairment of investments in unconsolidated entities, net (Note 7) 182 (271)
Other 29 22
Changes in assets and liabilities, net of acquisitions (191) (251)
Net cash provided by operating activities 1,256 1,778
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash paid in connection with acquisitions, net of cash acquired (Note 14) (310) (47)
Investments in unconsolidated entities (386) (367)
Additions to property, equipment and other (606) (919)
Proceeds from sales of assets (Note 14) 246 8
Cash paid for purchases of linefill and base gas (14) (33)
Other investing activities 4 (9)
Net cash used in investing activities (1,066) (1,367)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net borrowings under commercial paper program (Note 8) 19 0
Net repayments under senior secured hedged inventory facility (Note 8) (325) 0
Proceeds from the issuance of senior notes (Note 8) 748 998
Repayments of senior notes (Note 8) (17) 0
Contributions from noncontrolling interests (Note 9) 11 0
Sale of noncontrolling interest in a subsidiary 0 128
Other financing activities 8 (52)
Net cash (used in)/provided by financing activities (217) 196
Effect of translation adjustment (9) (5)
Net increase/(decrease) in cash and cash equivalents and restricted cash (36) 602
Cash and cash equivalents and restricted cash, beginning of period 82 66
Cash and cash equivalents and restricted cash, end of period 46 668
Cash paid for:    
Interest, net of amounts capitalized 285 263
Income taxes, net of amounts refunded 72 110
Series A Preferred Units    
CASH FLOWS FROM FINANCING ACTIVITIES    
Distributions paid to unitholders (Note 9) (112) (112)
Series B Preferred Units    
CASH FLOWS FROM FINANCING ACTIVITIES    
Distributions paid to unitholders (Note 9) (25) (25)
Common Units    
CASH FLOWS FROM FINANCING ACTIVITIES    
Distributions paid to unitholders (Note 9) $ (524) $ (741)