Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 0 $ 0
Restricted cash 1,521 1,589
Accounts and other receivables 241 191
Accounts receivable—affiliate 19 163
Advances to affiliate 139 36
Inventory 87 95
Other current assets 54 65
Other current assets—affiliate 1 0
Total current assets 2,062 2,139
Property, plant and equipment, net 15,207 15,139
Debt issuance costs, net 18 38
Non-current derivative assets 31 31
Other non-current assets, net 224 206
Total assets 17,542 17,553
Current liabilities    
Accounts payable 14 12
Accrued liabilities 572 637
Due to affiliates 39 68
Deferred revenue 98 111
Deferred revenue—affiliate 0 1
Derivative liabilities 7 0
Total current liabilities 730 829
Long-term debt, net 16,046 16,046
Non-current deferred revenue 0 1
Non-current derivative liabilities 7 3
Other non-current liabilities 8 10
Other non-current liabilities—affiliate 23 25
Partners’ equity    
Common unitholders’ interest (348.6 million units issued and outstanding at June 30, 2018 and December 31, 2017) 1,739 1,670
Subordinated unitholders’ interest (135.4 million units issued and outstanding at June 30, 2018 and December 31, 2017) (1,016) (1,043)
General partner’s interest (2% interest with 9.9 million units issued and outstanding at June 30, 2018 and December 31, 2017) 5 12
Total partners’ equity 728 639
Total liabilities and partners’ equity $ 17,542 $ 17,553