Energy Transfer 2015 Annual Report Download - page 165

Table of Contents
ENERGY TRANSFER PARTNERS, L.P. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Dollars in millions)
December 31,
2015
2014
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable $ 1,859
$ 3,348
Accounts payable to related companies 25
25
Exchanges payable 105
183
Derivative liabilities 63
21
Accrued and other current liabilities 1,943
2,000
Current maturities of long-term debt 126
1,008
Total current liabilities 4,121
6,585
Long-term debt, less current maturities 28,553
24,831
Long-term notes payable – related company 233
—
Non-current derivative liabilities 137
154
Deferred income taxes 4,082
4,331
Other non-current liabilities 968
1,258
Commitments and contingencies
Series A Preferred Units 33
33
Redeemable noncontrolling interests 15
15
Equity:
General Partner 306
184
Limited Partners:
Common Unitholders (505,645,703 and 355,510,227 units authorized, issued and outstanding as of
December 31, 2015 and 2014, respectively) 17,043
10,430
Class E Unitholders (8,853,832 units authorized, issued and outstanding – held by subsidiary) —
—
Class G Unitholders (90,706,000 units authorized, issued and outstanding – held by subsidiary) —
—
Class H Unitholders (81,001,069 and 50,160,000 units authorized, issued and outstanding as of December 31,
2015 and 2014, respectively) 3,469
1,512
Class I Unitholders (100 units authorized, issued and outstanding) 14
—
Accumulated other comprehensive income (loss) 4
(56)
Total partners’ capital 20,836
12,070
Noncontrolling interest 6,195
5,153
Predecessor equity —
8,088
Total equity 27,031
25,311
Total liabilities and equity $ 65,173
$ 62,518
The accompanying notes are an integral part of these consolidated financial statements.
F - 4