XML 50 R5.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
[1]
Current assets:    
Cash and cash equivalents $ 696 $ 103
Accounts receivable 48 32
Due from related parties 34 219
Restricted cash ($13 and $55 related to VIEs, respectively) 16 82
Prepaid expenses 4 4
Other current assets 13 10
Total current assets 811 450
Non-current assets:    
Property, plant and equipment - net ($707 and $722 related to VIEs, respectively) 3,145 3,276
Construction work in progress 2 9
Deferred income taxes 151 144
Investments in equity method investees - VIEs 18 19
Other non-current assets 90 90
Total non-current assets 3,406 3,538
TOTAL ASSETS 4,217 3,988
Current liabilities:    
Accounts payable and accrued expenses 17 119
Short-term debt 12 0
Due to related parties 14 37
Current maturities of long-term debt 86 86
Accrued interest 13 23
Other current liabilities 27 21
Total current liabilities 169 286
Non-current liabilities:    
Long-term debt 1,824 1,847
Deferral related to differential membership interests - VIEs 419 428
Accumulated deferred income taxes 52 75
Asset retirement obligation 29 28
Non-current due to related party 18 19
Other non-current liabilities 25 25
Total non-current liabilities 2,367 2,422
TOTAL LIABILITIES $ 2,536 $ 2,708
COMMITMENTS AND CONTINGENCIES
EQUITY    
Limited partners (common units issued and outstanding - 29.7 and 18.7, respectively) $ 897 $ 551
Accumulated other comprehensive loss (7) (3)
Noncontrolling interest 791 732
TOTAL EQUITY 1,681 1,280
TOTAL LIABILITIES AND EQUITY $ 4,217 $ 3,988
[1] Prior-period financial information has been retrospectively adjusted as discussed in Note 2.