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v3.24.3

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Sep. 30, 2024 | Dec. 31, 2023
--- | --- | ---
CURRENT ASSETS |  |
Cash and cash equivalents | $ 640 | $ 450
Trade accounts receivable and other receivables, net | 3,952 | 3,760
Inventory | 436 | 548
Other current assets | 141 | 155
Total current assets | 5,169 | 4,913
PROPERTY AND EQUIPMENT | 21,464 | 21,143
Accumulated depreciation | (5,813) | (5,361)
Property and equipment, net | 15,651 | 15,782
OTHER ASSETS |  |
Investments in unconsolidated entities | 2,846 | 2,820
Intangible assets, net | 1,674 | 1,875
Linefill | 991 | 976
Long-term operating lease right-of-use assets, net | 298 | 313
Long-term inventory | 257 | 265
Other long-term assets, net | 269 | 411
Total assets | 27,155 | 27,355
CURRENT LIABILITIES |  |
Trade accounts payable | 3,675 | 3,844
Short-term debt | 765 | 446
Other current liabilities | 696 | 713
Total current liabilities | 5,136 | 5,003
LONG-TERM LIABILITIES |  |
Senior notes, net | 7,140 | 7,242
Other long-term debt, net | 72 | 63
Long-term operating lease liabilities | 269 | 274
Other long-term liabilities and deferred credits | 1,006 | 1,041
Total long-term liabilities | 8,487 | 8,620
COMMITMENTS AND CONTINGENCIES (NOTE 9) |  |
PARTNERS’ CAPITAL |  |
Total partners’ capital excluding noncontrolling interests | 10,235 | 10,422
Noncontrolling interests | 3,297 | 3,310
Total partners’ capital | 13,532 | 13,732
Total liabilities and partners’ capital | 27,155 | 27,355
Series A Preferred Units |  |
PARTNERS’ CAPITAL |  |
Partners' capital | 1,513 | 1,509
Series B Preferred Units |  |
PARTNERS’ CAPITAL |  |
Partners' capital | 787 | 787
Common Units |  |
PARTNERS’ CAPITAL |  |
Partners' capital | $ 7,935 | $ 8,126

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