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Related Party Transactions (Tables)
9 Months Ended
Sep. 30, 2016
Oxy  
Related Party Transactions  
Schedule of related party transactions
The impact to our Condensed Consolidated Statements of Operations from those transactions is included below (in millions):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2016
 
2015
 
2016
 
2015
Revenues
$
171

 
$
187

 
$
424

 
$
745

 
 
 
 
 
 
 
 
Purchases and related costs (1)
$
4

 
$
(34
)
 
$
(46
)
 
$
112

___________________________________________
(1) 
Purchases and related costs include crude oil buy/sell transactions that are accounted for as inventory exchanges and are presented net in our Condensed Consolidated Statements of Operations.
 
We currently have a netting arrangement with Oxy. Our gross receivable and payable amounts with Oxy were as follows (in millions):
 
September 30,
2016
 
December 31, 2015
Trade accounts receivable and other receivables
$
610

 
$
405

 
 
 
 
Accounts payable
$
587

 
$
363