Related Party Transactions

12 Months Ended

Dec. 31, 2020

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 table provides a summary of related party activity included in our consolidated statements of operations:


	Years Ended December 31,
	2020		2019		2018
Operating revenues	$	90	$	95	$	97

Operating and maintenance	10		6		3
General and administrative	23		18		24


Interest expense — related company	32		25		13

The Company settled affiliate payables with a subsidiary of ETO through non-cash contributions during the year ended December 31, 2020 for $4 million and during the year ended December 31, 2018 for $31 million.

As of December 31, 2020 and 2019, the Company had $550 million and $732 million, respectively, outstanding under a note payable to ETO. The note payable accrues interest monthly with an annual interest rate of 4.845% as of December 31, 2020 and matures on July 31, 2027.