Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.19.3
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 1,707 $ 0
Restricted cash 185 1,541
Accounts and other receivables 277 348
Accounts receivable—affiliate 67 114
Advances to affiliate 177 228
Inventory 103 99
Derivative assets 8 6
Other current assets 65 20
Total current assets 2,589 2,356
Property, plant and equipment, net 16,338 15,390
Operating lease assets, net 91 0
Debt issuance costs, net 17 13
Non-current derivative assets 29 31
Other non-current assets, net 157 184
Total assets 19,221 17,974
Current liabilities    
Accounts payable 17 15
Accrued liabilities 657 821
Due to affiliates 40 49
Deferred revenue 169 116
Deferred revenue—affiliate 0 1
Current operating lease liabilities 6 0
Derivative liabilities 29 66
Total current liabilities 918 1,068
Long-term debt, net 17,571 16,066
Non-current operating lease liabilities 84 0
Non-current derivative liabilities 32 14
Other non-current liabilities 4 4
Other non-current liabilities—affiliate 20 22
Partners’ equity    
Common unitholders’ interest (348.6 million units issued and outstanding at September 30, 2019 and December 31, 2018) 1,692 1,806
Subordinated unitholders’ interest (135.4 million units issued and outstanding at September 30, 2019 and December 31, 2018) (1,035) (990)
General partner’s interest (2% interest with 9.9 million units issued and outstanding at September 30, 2019 and December 31, 2018) (65) (16)
Total partners’ equity 592 800
Total liabilities and partners’ equity $ 19,221 $ 17,974