Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 0 $ 0
Restricted cash 1,395 605
Accounts and other receivables 172 90
Accounts receivable—affiliate 18 99
Advances to affiliate 57 38
Inventory 77 97
Other current assets 35 29
Total current assets 1,754 958
Non-current restricted cash 48 0
Property, plant and equipment, net 15,097 14,158
Debt issuance costs, net 42 121
Non-current derivative assets 37 83
Other non-current assets, net 213 222
Total assets 17,191 15,542
Current liabilities    
Accounts payable 24 27
Accrued liabilities 419 418
Current debt 0 224
Due to affiliates 55 99
Deferred revenue 134 73
Deferred revenue—affiliate 1 1
Derivative liabilities 4 14
Total current liabilities 637 856
Long-term debt, net 16,040 14,209
Non-current deferred revenue 2 5
Non-current derivative liabilities 2 2
Other non-current liabilities—affiliate 25 27
Partners’ equity    
Common unitholders’ interest (348.6 million units and 57.1 million units issued and outstanding at September 30, 2017 and December 31, 2016, respectively) 1,559 130
Class B unitholders’ interest (zero and 145.3 million units issued and outstanding at September 30, 2017 and December 31, 2016, respectively) 0 62
Subordinated unitholders’ interest (135.4 million units issued and outstanding at September 30, 2017 and December 31, 2016) (1,086) 240
General partner’s interest (2% interest with 9.9 million units and 6.9 million units issued and outstanding at September 30, 2017 and December 31, 2016, respectively) 12 11
Total partners’ equity 485 443
Total liabilities and partners’ equity $ 17,191 $ 15,542