Related Party Transactions

9 Months Ended

Sep. 30, 2014

Related Party Transactions [Abstract]

Related Party Transactions

RELATED PARTY TRANSACTIONS:

ETE has agreements with subsidiaries to provide or receive various general and administrative services. ETE pays us to provide services on its behalf and on behalf of other subsidiaries of ETE, which includes the reimbursement of various operating and general and administrative expenses incurred by us on behalf of ETE and its subsidiaries.

In connection with the Lake Charles LNG Transaction, ETP agreed to continue to provide management services for ETE through 2015 in relation to both Lake Charles LNG’s regasification facility and the development of a liquefaction project at Lake Charles LNG’s facility, for which ETE has agreed to pay incremental management fees to ETP of $75 million per year for the years ending December 31, 2014 and 2015.

The Partnership also has related party transactions with several of its equity method investees. In addition to commercial transactions, these transactions include the provision of certain management services and leases of certain assets.

The following table summarizes the affiliate revenues on our consolidated statements of operations:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
Affiliated revenues	$	295	$	439	$	1,026	$	1,154

The following table summarizes the related company balances on our consolidated balance sheets:

	September 30, 2014		December 31, 2013
Accounts receivable from related companies:
ETE	$	73	$	18
Regency	57		53
PES	4		7
FGT	12		29
ET Crude Oil	28		24
Lake Charles LNG	2		—
Other	19		34
Total accounts receivable from related companies:	$	195	$	165
Accounts payable to related companies:
ETE	$	1	$	8
Regency	36		24
FGT	2		8
Lake Charles LNG	2		—
Other	1		5
Total accounts payable to related companies:	$	42	$	45