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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 404.5 $ 1,059.9
Restricted cash 206.5 98.2
Accounts receivable - trade, net of allowance for credit losses of $50.0 at June 30, 2021 and $46.5 at December 31, 2020 5,253.8 4,802.6
Accounts receivable - related parties 7.8 5.6
Inventories 3,346.8 3,303.5
Derivative assets 552.3 228.6
Prepaid and other current assets 539.5 411.0
Total current assets 10,311.2 9,909.4
Property, plant and equipment, net 42,233.1 41,912.8
Investments in unconsolidated affiliates 2,442.7 2,429.2
Intangible assets, net 3,229.7 3,309.1
Goodwill 5,448.9 5,448.9
Other assets 1,139.5 1,097.3
Total assets 64,805.1 64,106.7
Current liabilities:    
Current maturities of debt 1,398.9 1,325.0
Accounts payable - trade 853.4 704.6
Accounts payable - related parties 97.0 149.5
Accrued product payables 6,686.7 5,395.4
Accrued interest 443.1 455.6
Derivative liabilities 608.0 349.2
Other current liabilities 441.5 608.7
Total current liabilities 10,528.6 8,988.0
Long-term debt 27,148.6 28,540.7
Deferred tax liabilities 502.3 464.7
Other long-term liabilities 729.5 686.6
Commitments and contingent liabilities
Redeemable preferred limited partner interests:    
Series A cumulative convertible preferred units (50,412 units outstanding at June 30, 2021 and 50,138 units outstanding at December 31, 2020) 49.3 49.3
Partners' equity    
Common limited partner interests (2,185,381,669 units issued and outstanding at June 30, 2021 and 2,182,308,958 units issued and outstanding at December 31, 2020) 26,268.8 25,766.6
Treasury units, at cost (1,297.3) (1,297.3)
Accumulated other comprehensive loss (198.7) (165.2)
Total partners' equity 24,772.8 24,304.1
Noncontrolling interests in consolidated subsidiaries 1,074.0 1,073.3
Total equity 25,846.8 25,377.4
Total liabilities, preferred units, and equity $ 64,805.1 $ 64,106.7