Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 0 $ 0
Restricted cash 1,477 1,589
Accounts and other receivables 240 191
Accounts receivable—affiliate 114 163
Advances to affiliate 97 36
Inventory 83 95
Other current assets 54 65
Total current assets 2,065 2,139
Property, plant and equipment, net 15,145 15,139
Debt issuance costs, net 34 38
Non-current derivative assets 24 31
Other non-current assets, net 197 206
Total assets 17,465 17,553
Current liabilities    
Accounts payable 11 12
Accrued liabilities 509 637
Due to affiliates 30 68
Deferred revenue 95 111
Deferred revenue—affiliate 0 1
Derivative liabilities 4 0
Total current liabilities 649 829
Long-term debt, net 16,052 16,046
Non-current deferred revenue 0 1
Non-current derivative liabilities 3 3
Other non-current liabilities 11 10
Other non-current liabilities—affiliate 25 25
Partners’ equity    
Common unitholders’ interest (348.6 million units issued and outstanding at March 31, 2018 and December 31, 2017) 1,731 1,670
Subordinated unitholders’ interest (135.4 million units issued and outstanding at March 31, 2018 and December 31, 2017) (1,019) (1,043)
General partner’s interest (2% interest with 9.9 million units issued and outstanding at March 31, 2018 and December 31, 2017) 13 12
Total partners’ equity 725 639
Total liabilities and partners’ equity $ 17,465 $ 17,553