XML 55 R8.htm IDEA: XBRL DOCUMENT

Related Party Transactions

12 Months Ended

Dec. 31, 2019

RELATED PARTY TRANSACTIONS:

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

The following tables provide a summary of related party activity included in our consolidated statements of operations:



	Years Ended December 31,
	2019		2018		2017
Operating revenues	$	95	$	97	$	43
Operating and maintenance	6		3		7
General and administrative	18		24		23
Interest income — affiliates	—		—		10
Interest expense — affiliates	25		13		—

The Company settled related party payables with a subsidiary of ETO through non-cash contributions during the year ended December 31, 2018 for $31 million.

As of December 31, 2019 and 2018, the Company had $732 million and $356 million, respectively, outstanding under a note payable with ETO. The note payable accrues interest monthly with an annual interest rate of 5.314% as of December 31, 2019. The note matures on July 31, 2027.