Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.19.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 0 $ 0
Restricted cash 1,297 1,541
Accounts and other receivables 208 348
Accounts receivable—affiliate 113 114
Advances to affiliate 316 228
Inventory 109 99
Other current assets 46 26
Other current assets—affiliate 1 0
Total current assets 2,090 2,356
Property, plant and equipment, net 15,615 15,390
Operating lease assets, net 93 0
Debt issuance costs, net 11 13
Non-current derivative assets 36 31
Other non-current assets, net 160 184
Total assets 18,005 17,974
Current liabilities    
Accounts payable 31 15
Accrued liabilities 725 821
Due to affiliates 51 49
Deferred revenue 106 116
Deferred revenue—affiliate 0 1
Current operating lease liabilities 5 0
Derivative liabilities 10 66
Total current liabilities 928 1,068
Long-term debt, net 16,073 16,066
Non-current operating lease liabilities 87 0
Non-current derivative liabilities 10 14
Other non-current liabilities 4 4
Other non-current liabilities—affiliate 22 22
Partners’ equity    
Common unitholders’ interest (348.6 million units issued and outstanding at March 31, 2019 and December 31, 2018) 1,872 1,806
Subordinated unitholders’ interest (135.4 million units issued and outstanding at March 31, 2019 and December 31, 2018) (965) (990)
General partner’s interest (2% interest with 9.9 million units issued and outstanding at March 31, 2019 and December 31, 2018) (26) (16)
Total partners’ equity 881 800
Total liabilities and partners’ equity $ 18,005 $ 17,974