v3.25.4
Cash and Cash Equivalents
 12 Months Ended
Dec. 31, 2025
Cash and Cash Equivalents [Abstract]  
Cash and Cash Equivalents Cash And Cash Equivalents
Cash and cash equivalents include cash on hand, demand deposits and short-term investments with original maturities of three months or less.
The net change in operating assets and liabilities, net of effects of acquisitions and divestitures, included in cash flows from operating activities is comprised as follows:
Year Ended December 31,
202520242023
Accounts receivable, net$212 $(212)$34 
Accounts receivable from affiliates— 20 (5)
Inventories, net(275)(265)(182)
Other assets(30)43 47 
Accounts payable(255)357 (101)
Accounts payable to affiliates129 29 61 
Accrued expenses and other current liabilities(86)(66)43 
Other non-current liabilities(76)(106)(18)
$(381)$(200)$(121)
Non-cash investing and financing activities were as follows:
Year Ended December 31,
202520242023
Non-cash investing and financing activities and supplemental cash flow information:
Senior notes redeemed and issued in exchange transaction$3,654 $— $— 
Units issued in connection with acquisitions4,038 2,850 — 
Contribution of assets to ET-S Permian— 1,159 — 
Lease assets obtained in exchange for new lease liabilities280 3 — 
Interest paid434 339 202