Inventories (Notes)

9 Months Ended

Sep. 30, 2016

Inventory, Net [Abstract]

Inventories

INVENTORIES

Inventories consisted of the following:

	September 30, 2016		December 31, 2015
Natural gas and NGLs	$	684	$	415
Crude oil	590		424
Refined products	458		420
Other	368		377
Total inventories	$	2,100	$	1,636

We utilize commodity derivatives to manage price volatility associated with our natural gas inventories stored in our Bammel storage facility. Changes in fair value of designated hedged inventory are recorded in inventory on our consolidated balance sheets and cost of products sold in our consolidated statements of operations.