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Consolidated Statements Of Operations (USD $)
In Millions, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
REVENUES:        
Natural gas sales $ 721 $ 655 $ 2,286 $ 1,572
NGL sales 708 460 1,885 1,300
Crude sales 4,215 0 11,408 0
Gathering, transportation and other fees 648 530 1,977 1,429
Refined product sales 4,633 0 13,945 0
Other 977 157 2,806 420
Total revenues 11,902 1,802 34,307 4,721
COSTS AND EXPENSES:        
Cost of products sold 10,654 1,026 30,477 2,606
Operating expenses 331 167 950 493
Depreciation and amortization 253 162 764 419
Selling, general and administrative 138 82 424 272
Total costs and expenses 11,376 1,437 32,615 3,790
OPERATING INCOME 526 365 1,692 931
OTHER INCOME (EXPENSE):        
Interest expense, net of interest capitalized (210) (147) (632) (479)
Equity in earnings of unconsolidated affiliates 28 8 137 64
Gain on deconsolidation of Propane Business 0 0 0 1,057
Gain on sale of AmeriGas common units 87 0 87 0
Loss on extinguishment of debt 0 0 0 (115)
Gains (losses) on interest rate derivatives 0 0 46 (9)
Other, net 7 7 6 10
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAX EXPENSE 438 233 1,336 1,459
Income tax expense from continuing operations 47 27 139 36
INCOME FROM CONTINUING OPERATIONS 391 206 1,197 1,423
Income (loss) from discontinued operations 13 (142) 44 (136)
NET INCOME 404 64 1,241 1,287
LESS: NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST 49 28 244 25
NET INCOME ATTRIBUTABLE TO PARTNERS 355 36 997 1,262
GENERAL PARTNER’S INTEREST IN NET INCOME 146 116 429 342
LIMITED PARTNERS’ INTEREST IN NET INCOME (LOSS) $ 209 $ (80) $ 568 $ 920
INCOME FROM CONTINUING OPERATIONS PER LIMITED PARTNER UNIT:        
Basic 0.51 0.26 1.55 4.54
Diluted 0.51 0.26 1.55 4.52
NET INCOME (LOSS) PER LIMITED PARTNER UNIT:        
Basic 0.55 (0.33) 1.63 3.91
Diluted 0.55 (0.33) 1.63 3.89