Related Party Transactions

12 Months Ended

Dec. 31, 2021

RELATED PARTY TRANSACTIONS:

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

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


	Years Ended December 31,
	2021		2020		2019
Operating revenues	$	90	$	90	$	95

Operating and maintenance	19		15		27
General and administrative	25		23		18


Interest expense — related company	17		32		25

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

As of December 31, 2021 and 2020, the Company had $221 million and $550 million, respectively, outstanding under a note payable to Energy Transfer. The note payable accrues interest monthly with an annual interest rate of 4.898% as of December 31, 2021 and matures on July 31, 2027.