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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income/(loss) $ 423 $ (2,845)
Reconciliation of net income/(loss) to net cash provided by operating activities:    
Depreciation and amortization 177 168
(Gains)/losses on asset sales and asset impairments, net 2 619
Goodwill impairment losses 0 2,515
Inventory valuation adjustments 0 232
Deferred income tax expense 23 15
(Gain)/loss on foreign currency revaluation (8) 46
Change in fair value of Preferred Distribution Rate Reset Option (Note 8) 67 (26)
Equity earnings in unconsolidated entities (88) (110)
Distributions on earnings from unconsolidated entities 110 125
(Gain on)/impairment of investments in unconsolidated entities, net 0 22
Other 14 1
Changes in assets and liabilities, net of acquisitions 71 128
Net cash provided by operating activities 791 890
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash paid in connection with acquisitions, net of cash acquired 0 (308)
Investments in unconsolidated entities (35) (147)
Additions to property, equipment and other (97) (245)
Proceeds from sales of assets 21 104
Other investing activities 3 (14)
Net cash used in investing activities (108) (610)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net repayments under commercial paper program (Note 6) (410) (93)
Net borrowings/(repayments) under senior secured hedged inventory facility (Note 6) (166) 89
Other financing activities 56 111
Net cash used in financing activities (687) (192)
Effect of translation adjustment 0 (10)
Net increase/(decrease) in cash and cash equivalents and restricted cash (4) 78
Cash and cash equivalents and restricted cash, beginning of period 60 82
Cash and cash equivalents and restricted cash, end of period 56 160
Cash paid for:    
Interest, net of amounts capitalized 65 65
Income taxes, net of amounts refunded 24 51
Series A Preferred Units    
CASH FLOWS FROM FINANCING ACTIVITIES    
Distributions paid to unitholders (Note 7) (37) (37)
Common Units    
CASH FLOWS FROM FINANCING ACTIVITIES    
Distributions paid to unitholders (Note 7) $ (130) $ (262)