Related Party Transactions (Notes)

9 Months Ended

Sep. 30, 2016

RELATED PARTY TRANSACTIONS

Accounts receivable from related companies reflected on the consolidated balance sheets primarily related to services provided to ETE, ETP and other affiliates. Accounts payable to related companies reflected on the consolidated balance sheets related to various services provided by ETP and other affiliates.

The following table provides a summary of the related party activity included in the consolidated statements of operations:



	Three Months Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
Operating revenues	$	4	$	4	$	13	$	13
Operating and maintenance	4		4		11		12
General and administrative	6		8		20		24
Interest income — affiliates	9		6		23		7
Equity in earnings of unconsolidated affiliates	—		28		—		26

The Company received $54 million in cash distributions related to its investment in ETP during the nine months ended September 30, 2015.

As discussed in Note 3, the Company settled a note receivable from a subsidiary of ETP through a non-cash distribution during the three months ended September 30, 2016.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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