Acquisitions And Divestitures (Tables)

9 Months Ended

Sep. 30, 2011

Acquisitions and Dispositions [Abstract]

Summary Of Preliminary Assets And Liability Acquired

The following table summarizes the assets acquired and liabilities assumed recognized as of the acquisition date:

Total current assets	$	118,177
Property, plant and equipment(1)	1,419,591
Goodwill	432,026
Intangible assets	81,000
Other assets	157
	2,050,951
Total current liabilities	74,964
Other long-term liabilities	438
	75,402
Total consideration	1,975,549
Cash received	31,231
Total consideration, net of cash received	$	1,944,318

(1) Property, plant and equipment (and estimated useful lives) consists of the following:

Land and improvements	$	30,759
Buildings and improvements (10 to 40 years)	3,123
Pipelines and equipment (20 to 65 years)	662,881
Natural gas liquids storage (40 years)	682,419
Linepack	704
Vehicles (3 to 20 years)	242
Furniture and fixtures (3 to 10 years)	49
Other (5 to 10 years)	8,526
Construction work-in-process	30,888
Property, plant and equipment	$	1,419,591

Components And Useful Lives Of Property, Plant And Equipment

Property, plant and equipment (and estimated useful lives) consists of the following:

Land and improvements	$	30,759
Buildings and improvements (10 to 40 years)	3,123
Pipelines and equipment (20 to 65 years)	662,881
Natural gas liquids storage (40 years)	682,419
Linepack	704
Vehicles (3 to 20 years)	242
Furniture and fixtures (3 to 10 years)	49
Other (5 to 10 years)	8,526
Construction work-in-process	30,888
Property, plant and equipment	$	1,419,591

Pro Forma Results Of Operations

The following unaudited pro forma consolidated results of operations for the three and nine months ended September 30, 2011 and 2010 are presented as if the LDH Acquisition had been completed on January 1, 2010.

	Three Months Ended September 30,					Nine Months Ended September 30,
	2011			2010		2011		2010
Revenues	$	1,715,316		$	1,359,787	$	5,139,577	$	4,663,167
Net income	76,050			108,399		480,031		393,738
Net income attributable to partners	66,765			102,914		455,401		377,176
Basic net income (loss) per Limited Partner unit	$	(0.19	)	$	0.03	$	0.65	$	0.47
Diluted net income (loss) per Limited Partner unit	$	(0.19	)	$	0.03	$	0.64	$	0.46