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Investments in Unconsolidated Affiliates (Tables)
12 Months Ended
Dec. 31, 2011
Investments in Unconsolidated Affiliates [Abstract]  
Investments in Unconsolidated Affiliates
The following table shows our investments in unconsolidated affiliates by business segment at the dates indicated:

   
Ownership
Interest at
December 31,
2011
  
December 31,
 
     
2011
  
2010
 
NGL Pipelines & Services:
         
Venice Energy Service Company, L.L.C. (“VESCO”)
 13.1%  $35.5  $31.9 
K/D/S Promix, L.L.C.  (“Promix”)
 50%   40.7   43.5 
Baton Rouge Fractionators LLC (“BRF”)
 32.2%   21.0   21.9 
Skelly-Belvieu Pipeline Company, L.L.C.  (“Skelly-Belvieu”)
 50%   35.0   34.2 
Texas Express Pipeline LLC (“TEP”)
 45%   13.9   -- 
Onshore Natural Gas Pipelines & Services:
           
Evangeline (1)
 49.5%   4.4   6.4 
White River Hub, LLC (“White River Hub”)
 50%   25.7   26.2 
Onshore Crude Oil Pipelines & Services:
           
Seaway Crude Pipeline Company (“Seaway”)
 50%   170.7   172.2 
Offshore Pipelines & Services:
            
Poseidon Oil Pipeline Company, L.L.C. (“Poseidon”)
 36%   55.4   57.2 
Cameron Highway Oil Pipeline Company (“Cameron Highway”)
 50%   222.8   233.7 
Deepwater Gateway, L.L.C. (“Deepwater Gateway”)
 50%   94.6   98.4 
Neptune Pipeline Company, L.L.C. (“Neptune”)
 25.7%   51.1   53.9 
Southeast Keathley Canyon Pipeline Company L.L.C. (“SEKCO”)
 50%   1.0   -- 
Petrochemical & Refined Products Services:
            
Baton Rouge Propylene Concentrator, LLC  (“BRPC”)
 30%   9.5   10.1 
Centennial Pipeline LLC (“Centennial”)
 50%   51.8   63.1 
Other (2)
 
Various
   3.4   3.6 
Other Investments:
            
Energy Transfer Equity
 13.1%   1,023.1   1,436.8 
Total
     $1,859.6  $2,293.1 
  
            
(1)   Evangeline refers to our ownership interests in Evangeline Gas Pipeline Company, L.P. and Evangeline Gas Corp., collectively.
(2)   Other unconsolidated affiliates include a 50% interest in a propylene pipeline extending from Mont Belvieu, Texas to La Porte, Texas and a 25% interest in a company that provides logistics communications solutions between petroleum pipelines and their customers.
 
 
The following table presents our equity in income (loss) of unconsolidated affiliates by business segment for the periods presented:

   
For Year Ended December 31,
 
   
2011
  
2010
  
2009
 
NGL Pipelines & Services
 $21.8  $17.7  $11.3 
Onshore Natural Gas Pipelines & Services
  5.5   4.6   4.9 
Onshore Crude Oil Pipelines & Services
  (4.1)  6.7   9.3 
Offshore Pipelines & Services
  27.1   44.8   36.9 
Petrochemical & Refined Products Services
  (18.7)  (9.0)  (11.2)
Other Investments
  14.8   (2.8)  41.1 
Total
 $46.4  $62.0  $92.3 

The following table presents the unamortized excess cost amounts by business segment at the dates indicated:

   
December 31,
 
   
2011
  
2010
 
NGL Pipelines & Services
 $24.7  $25.7 
Onshore Crude Oil Pipelines & Services
  19.2   19.7 
Offshore Pipelines & Services
  14.8   16.0 
Petrochemical & Refined Products Services
  2.9   3.0 
Other Investments (1)
  1,119.0   1,525.1 
Total
 $1,180.6  $1,589.5 
          
(1)   Holdings' investment in Energy Transfer Equity exceeded its share of the historical cost of the underlying net assets of such investee by $1.66 billion in May 2007. At December 31, 2011, this basis differential decreased to $1.12 billion (after taking into account related amortization amounts and the sale of 9.67 million Energy Transfer Equity common units during 2011) and consisted of the following: $348.7 million attributed to fixed assets; $383.1 million attributed to the incentive distribution rights (an indefinite-life intangible asset) held by Energy Transfer Equity in the cash flows of ETP; $136.7 million attributed to amortizable intangible assets and $250.5 million attributed to equity method goodwill. These unamortized excess cost amounts are being amortized over their estimated economic lives of 20-27 years, as applicable.
 

The following table presents our amortization of such excess cost amounts by business segment for the periods presented:

   
For Year Ended December 31,
 
   
2011
  
2010
  
2009
 
NGL Pipelines & Services
 $1.0  $0.9  $0.9 
Onshore Crude Oil Pipelines & Services
  0.7   0.7   0.7 
Offshore Pipelines & Service
  1.2   1.3   1.3 
Petrochemical & Refined Products Services
  0.1   1.0   3.9 
Other Investments
  31.5   36.3   36.6 
Total
 $34.5  $40.2  $43.4 

The following table presents forecasted amortization of excess cost amounts for the years indicated.  The forecast takes into account the January 2012 sale of Energy Transfer Equity units and the resulting reduction in unamortized excess cost amounts.

2012
  
2013
  
2014
  
2015
  
2016
 
$3.3  $3.0  $3.0  $3.0  $3.0 
 
Combined balance sheet information for the last two years and results of operations data for the last three years for our unconsolidated affiliates, including Energy Transfer Equity, are summarized in the following table (all data presented on a 100% basis):

   
At December 31,
    
   
2011
  
2010
    
BALANCE SHEET DATA:
         
Current assets
 $1,680.3  $1,490.3    
Property, plant and equipment, net
  16,413.5   13,775.5    
Other assets
  4,893.7   4,266.2    
Total assets
 $22,987.5  $19,532.0    
             
Current liabilities
 $1,955.7  $1,208.1    
Other liabilities
  11,897.1   10,277.0    
Combined equity
  9,134.7   8,046.9    
Total liabilities and combined equity
 $22,987.5  $19,532.0    
             
   
For Year Ended December 31,
 
    2011   2010   2009 
INCOME STATEMENT DATA:
            
Revenues
 $9,119.9  $7,437.0  $6,155.4 
Operating income
  1,393.4   1,241.8   1,279.6 
Net income
  458.1   386.8   598.4