Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 0 $ 0
Restricted cash 865 605
Accounts and other receivables 138 90
Accounts receivable—affiliate 41 99
Advances to affiliate 40 38
Inventory 93 97
Other current assets 39 29
Total current assets 1,216 958
Non-current restricted cash 698 0
Property, plant and equipment, net 14,922 14,158
Debt issuance costs, net 73 121
Non-current derivative assets 43 83
Other non-current assets, net 211 222
Total assets 17,163 15,542
Current liabilities    
Accounts payable 44 27
Accrued liabilities 467 418
Current debt 0 224
Due to affiliates 44 99
Deferred revenue 65 73
Deferred revenue—affiliate 1 1
Derivative liabilities 2 14
Total current liabilities 623 856
Long-term debt, net 16,025 14,209
Non-current deferred revenue 3 5
Non-current derivative liabilities 1 2
Other non-current liabilities—affiliate 25 27
Partners’ equity    
Common unitholders’ interest (57.1 million units issued and outstanding at June 30, 2017 and December 31, 2016) (198) 130
Class B unitholders’ interest (145.3 million units issued and outstanding at June 30, 2017 and December 31, 2016) 1,092 62
Subordinated unitholders’ interest (135.4 million units issued and outstanding at June 30, 2017 and December 31, 2016) (420) 240
General partner’s interest (2% interest with 6.9 million units issued and outstanding at June 30, 2017 and December 31, 2016) 12 11
Total partners’ equity 486 443
Total liabilities and partners’ equity $ 17,163 $ 15,542