XML 34 R67.htm IDEA: XBRL DOCUMENT v2.4.0.6
Business Segments (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2008
Business Segments [Abstract]                        
Largest non-affiliated customer percentage (in hundredths)                 10.60% 9.40% 9.80%  
Segment Gross Operating Margin [Abstract]                        
Revenues $ 11,585.7 $ 11,327.1 $ 11,216.5 $ 10,183.7 $ 9,583.6 $ 8,067.8 $ 7,543.4 $ 8,544.5 $ 44,313.0 $ 33,739.3 $ 25,510.9  
Less: Operating costs and expenses                 (41,318.5) (31,449.3) (23,565.8)  
Add: Equity in income of unconsolidated affiliates                 46.4 62.0 92.3  
Depreciation, amortization and accretion in operating costs and expenses                 958.7 [1] 936.3 [1] 809.3 [1]  
Non-cash asset impairment charges                 27.8 8.4 33.5  
Operating lease expenses paid by EPCO                 0.3 0.7 0.7  
Gains from asset sales and related transactions in operating costs and expenses                 (156.0) [2] (44.4) [2] 0 [2]  
Total segment gross operating margin                 3,871.7 3,253.0 2,880.9  
Reconciliation of total Segment Gross Operating Margin [Abstract]                        
Total segment gross operating margin                 3,871.7 3,253.0 2,880.9  
Adjustments to reconcile total segment gross operating margin to operating income:                        
Depreciation, amortization and accretion in operating costs and expenses                 (958.7) [1] (936.3) [1] (809.3) [1]  
Non-cash asset impairment charges                 (27.8) (8.4) (33.5)  
Operating lease expenses paid by EPCO                 (0.3) (0.7) (0.7)  
Gains from asset sales and related transactions in operating costs and expenses                 156.0 [2] 44.4 [2] 0 [2]  
General and administrative costs                 (181.8) (204.8) (182.8)  
Operating income 909.2 681.1 643.9 624.9 505.4 543.2 539.7 558.9 2,859.1 2,147.2 1,854.6  
Other expense, net                 (743.6) (737.4) (689.0)  
Income before provision for income taxes                 2,115.5 1,409.8 1,165.6  
Information by business segment [Abstract]                        
Revenues from third parties                 43,537.9 33,040.9 24,911.9  
Revenues from related parties                 775.1 698.4 599.0  
Intersegment and intrasegment revenues                 0 0 0  
Total revenues                 44,313.0 33,739.3 25,510.9  
Equity in income (loss) of unconsolidated affiliates                 46.4 62.0 92.3  
Gross operating margin                 3,871.7 3,253.0 2,880.9  
Segment assets 27,799.7       25,575.4       27,799.7 25,575.4 23,188.5  
Property, plant and equipment, net 22,191.6       19,332.9       22,191.6 19,332.9 17,689.2  
Investments in unconsolidated affiliates (see Note 9) 1,859.6       2,293.1       1,859.6 2,293.1 2,416.2  
Intangible assets, net (see Note 11) 1,656.2       1,841.7       1,656.2 1,841.7 1,064.8  
Goodwill (see Note 11) 2,092.3 [3]       2,107.7 [3]       2,092.3 [3] 2,107.7 [3] 2,018.3 [3] 2,019.6
Consolidated Revenues and Expenses [Abstract]                        
Total consolidated revenues 11,585.7 11,327.1 11,216.5 10,183.7 9,583.6 8,067.8 7,543.4 8,544.5 44,313.0 33,739.3 25,510.9  
Operating costs and expenses:                        
Cost of sales related to our marketing activities                 34,086.8 25,885.2 18,656.7  
Depreciation, amortization and accretion                 958.7 [1] 936.3 [1] 809.3 [1]  
Gains from asset sales and related transactions                 (156.0) [2] (44.4) [2] 0 [2]  
Non-cash asset impairment charges                 27.8 8.4 33.5  
Other operating costs and expenses                 6,401.2 4,663.8 4,066.3  
General and administrative costs                 181.8 204.8 182.8  
Total costs and expenses (see Note 14)                 41,500.3 31,654.1 23,748.6  
NGL Pipelines & Services [Member]
                       
Segment Gross Operating Margin [Abstract]                        
Revenues                 17,483.3 14,202.5 12,309.0  
Add: Equity in income of unconsolidated affiliates                 21.8 17.7 11.3  
Non-cash asset impairment charges                 11.3 2.8 4.1  
Total segment gross operating margin                 2,184.2 1,732.6 1,628.7  
Reconciliation of total Segment Gross Operating Margin [Abstract]                        
Total segment gross operating margin                 2,184.2 1,732.6 1,628.7  
Adjustments to reconcile total segment gross operating margin to operating income:                        
Non-cash asset impairment charges                 (11.3) (2.8) (4.1)  
Information by business segment [Abstract]                        
Revenues from third parties                 16,938.1 13,736.8 11,928.3  
Revenues from related parties                 545.2 465.7 380.7  
Intersegment and intrasegment revenues                 13,657.7 10,209.9 6,865.5  
Total revenues                 31,141.0 24,412.4 19,174.5  
Equity in income (loss) of unconsolidated affiliates                 21.8 17.7 11.3  
Gross operating margin                 2,184.2 1,732.6 1,628.7  
Segment assets 7,966.4       7,665.5       7,966.4 7,665.5 7,191.2  
Property, plant and equipment, net 7,137.8       6,813.1       7,137.8 6,813.1 6,392.8  
Investments in unconsolidated affiliates (see Note 9) 146.1       131.5       146.1 131.5 141.6  
Intangible assets, net (see Note 11) 341.3       379.7       341.3 379.7 315.6  
Goodwill (see Note 11) 341.2 [3]       341.2 [3]       341.2 [3] 341.2 [3] 341.2 [3] 341.2
Consolidated Revenues and Expenses [Abstract]                        
Sales of NGLs and related products                 16,724.6 13,449.4 11,600.7  
Midstream services                 758.7 753.1 708.3  
Total consolidated revenues                 17,483.3 14,202.5 12,309.0  
Operating costs and expenses:                        
Non-cash asset impairment charges                 11.3 2.8 4.1  
Onshore Natural Gas Pipelines & Services [Member]
                       
Segment Gross Operating Margin [Abstract]                        
Revenues                 3,730.2 3,701.6 3,149.9  
Add: Equity in income of unconsolidated affiliates                 5.5 4.6 4.9  
Non-cash asset impairment charges                 10.4 5.2 4.3  
Total segment gross operating margin                 675.3 527.2 501.5  
Reconciliation of total Segment Gross Operating Margin [Abstract]                        
Total segment gross operating margin                 675.3 527.2 501.5  
Adjustments to reconcile total segment gross operating margin to operating income:                        
Non-cash asset impairment charges                 (10.4) (5.2) (4.3)  
Information by business segment [Abstract]                        
Revenues from third parties                 3,510.0 3,479.4 2,938.7  
Revenues from related parties                 220.2 222.2 211.2  
Intersegment and intrasegment revenues                 1,131.8 900.8 515.3  
Total revenues                 4,862.0 4,602.4 3,665.2  
Equity in income (loss) of unconsolidated affiliates                 5.5 4.6 4.9  
Gross operating margin                 675.3 527.2 501.5  
Segment assets 9,949.6       8,184.8       9,949.6 8,184.8 6,918.7  
Property, plant and equipment, net 8,495.4       6,595.0       8,495.4 6,595.0 6,074.6  
Investments in unconsolidated affiliates (see Note 9) 30.1       32.6       30.1 32.6 32.0  
Intangible assets, net (see Note 11) 1,127.8       1,246.1       1,127.8 1,246.1 527.2  
Goodwill (see Note 11) 296.3 [3]       311.1 [3]       296.3 [3] 311.1 [3] 284.9 [3] 284.9
Consolidated Revenues and Expenses [Abstract]                        
Sales of natural gas                 2,866.5 2,928.7 2,410.5  
Midstream services                 863.7 772.9 739.4  
Total consolidated revenues                 3,730.2 3,701.6 3,149.9  
Operating costs and expenses:                        
Non-cash asset impairment charges                 10.4 5.2 4.3  
Onshore Crude Oil Pipelines & Services [Member]
                       
Segment Gross Operating Margin [Abstract]                        
Revenues                 16,061.1 10,794.8 7,191.0  
Add: Equity in income of unconsolidated affiliates                 (4.1) 6.7 9.3  
Total segment gross operating margin                 234.0 113.7 164.4  
Reconciliation of total Segment Gross Operating Margin [Abstract]                        
Total segment gross operating margin                 234.0 113.7 164.4  
Information by business segment [Abstract]                        
Revenues from third parties                 16,061.0 10,794.7 7,191.2  
Revenues from related parties                 0.1 0.1 (0.2)  
Intersegment and intrasegment revenues                 4,904.3 927.0 47.6  
Total revenues                 20,965.4 11,721.8 7,238.6  
Equity in income (loss) of unconsolidated affiliates                 (4.1) 6.7 9.3  
Gross operating margin                 234.0 113.7 164.4  
Segment assets 944.6       917.5       944.6 917.5 865.4  
Property, plant and equipment, net 456.9       427.9       456.9 427.9 377.4  
Investments in unconsolidated affiliates (see Note 9) 170.7       172.2       170.7 172.2 178.5  
Intangible assets, net (see Note 11) 5.8       6.2       5.8 6.2 6.5  
Goodwill (see Note 11) 311.2 [3]       311.2 [3]       311.2 [3] 311.2 [3] 303.0 [3] 303.0
Consolidated Revenues and Expenses [Abstract]                        
Sales of crude oil                 15,962.6 10,710.4 7,110.6  
Midstream services                 98.5 84.4 80.4  
Total consolidated revenues                 16,061.1 10,794.8 7,191.0  
Offshore Pipelines & Services [Member]
                       
Segment Gross Operating Margin [Abstract]                        
Revenues                 256.0 310.7 339.9  
Add: Equity in income of unconsolidated affiliates                 27.1 44.8 36.9  
Non-cash asset impairment charges                 5.5 0 0  
Total segment gross operating margin                 228.2 297.8 180.5  
Reconciliation of total Segment Gross Operating Margin [Abstract]                        
Total segment gross operating margin                 228.2 297.8 180.5  
Adjustments to reconcile total segment gross operating margin to operating income:                        
Non-cash asset impairment charges                 (5.5) 0 0  
Information by business segment [Abstract]                        
Revenues from third parties                 246.4 300.3 332.9  
Revenues from related parties                 9.6 10.4 7.0  
Intersegment and intrasegment revenues                 6.6 3.6 1.3  
Total revenues                 262.6 314.3 341.2  
Equity in income (loss) of unconsolidated affiliates                 27.1 44.8 36.9  
Gross operating margin                 228.2 297.8 180.5  
Segment assets 2,000.9       2,004.9       2,000.9 2,004.9 2,121.4  
Property, plant and equipment, net 1,416.4       1,390.9       1,416.4 1,390.9 1,480.9  
Investments in unconsolidated affiliates (see Note 9) 424.9       443.2       424.9 443.2 456.9  
Intangible assets, net (see Note 11) 77.5       88.7       77.5 88.7 101.5  
Goodwill (see Note 11) 82.1 [3]       82.1 [3]       82.1 [3] 82.1 [3] 82.1 [3] 82.1
Consolidated Revenues and Expenses [Abstract]                        
Sales of natural gas                 1.1 1.3 1.2  
Sales of crude oil                 9.4 9.5 5.3  
Midstream services                 245.5 299.9 333.4  
Total consolidated revenues                 256.0 310.7 339.9  
Operating costs and expenses:                        
Non-cash asset impairment charges                 5.5 0 0  
Petrochemical & Refined Products Services [Member]
                       
Segment Gross Operating Margin [Abstract]                        
Revenues                 6,782.4 4,729.7 2,521.1  
Add: Equity in income of unconsolidated affiliates                 (18.7) (9.0) (11.2)  
Non-cash asset impairment charges                 0.6 0.4 25.1  
Total segment gross operating margin                 535.2 584.5 364.7  
Reconciliation of total Segment Gross Operating Margin [Abstract]                        
Total segment gross operating margin                 535.2 584.5 364.7  
Adjustments to reconcile total segment gross operating margin to operating income:                        
Non-cash asset impairment charges                 (0.6) (0.4) (25.1)  
Information by business segment [Abstract]                        
Revenues from third parties                 6,782.4 4,729.7 2,520.8  
Revenues from related parties                 0 0 0.3  
Intersegment and intrasegment revenues                 1,799.1 1,106.7 612.3  
Total revenues                 8,581.5 5,836.4 3,133.4  
Equity in income (loss) of unconsolidated affiliates                 (18.7) (9.0) (11.2)  
Gross operating margin                 535.2 584.5 364.7  
Segment assets 3,769.5       3,758.7       3,769.5 3,758.7 3,359.0  
Property, plant and equipment, net 2,539.5       2,498.8       2,539.5 2,498.8 2,156.3  
Investments in unconsolidated affiliates (see Note 9) 64.7       76.8       64.7 76.8 81.6  
Intangible assets, net (see Note 11) 103.8       121.0       103.8 121.0 114.0  
Goodwill (see Note 11) 1,061.5 [3]       1,062.1 [3]       1,061.5 [3] 1,062.1 [3] 1,007.1 [3] 1,008.4
Consolidated Revenues and Expenses [Abstract]                        
Sales of petrochemicals and refined products                 6,000.6 4,009.1 1,991.8  
Midstream services                 781.8 720.6 529.3  
Total consolidated revenues                 6,782.4 4,729.7 2,521.1  
Operating costs and expenses:                        
Non-cash asset impairment charges                 0.6 0.4 25.1  
Other Investment [Member]
                       
Segment Gross Operating Margin [Abstract]                        
Add: Equity in income of unconsolidated affiliates                 14.8 (2.8) 41.1  
Total segment gross operating margin                 14.8 (2.8) 41.1  
Reconciliation of total Segment Gross Operating Margin [Abstract]                        
Total segment gross operating margin                 14.8 (2.8) 41.1  
Information by business segment [Abstract]                        
Revenues from third parties                 0 0 0  
Revenues from related parties                 0 0 0  
Intersegment and intrasegment revenues                 0 0 0  
Total revenues                 0 0 0  
Equity in income (loss) of unconsolidated affiliates                 14.8 (2.8) 41.1  
Gross operating margin                 14.8 (2.8) 41.1  
Segment assets 1,023.1       1,436.8       1,023.1 1,436.8 1,525.6  
Property, plant and equipment, net 0       0       0 0 0  
Investments in unconsolidated affiliates (see Note 9) 1,023.1       1,436.8       1,023.1 1,436.8 1,525.6  
Intangible assets, net (see Note 11) 0       0       0 0 0  
Goodwill (see Note 11) 0       0       0 0 0  
Adjustments and Eliminations [Member]
                       
Segment Gross Operating Margin [Abstract]                        
Add: Equity in income of unconsolidated affiliates                 0 0 0  
Total segment gross operating margin                 0 0 0  
Reconciliation of total Segment Gross Operating Margin [Abstract]                        
Total segment gross operating margin                 0 0 0  
Information by business segment [Abstract]                        
Revenues from third parties                 0 0 0  
Revenues from related parties                 0 0 0  
Intersegment and intrasegment revenues                 (21,499.5) (13,148.0) (8,042.0)  
Total revenues                 (21,499.5) (13,148.0) (8,042.0)  
Equity in income (loss) of unconsolidated affiliates                 0 0 0  
Gross operating margin                 0 0 0  
Segment assets 2,145.6       1,607.2       2,145.6 1,607.2 1,207.2  
Property, plant and equipment, net 2,145.6       1,607.2       2,145.6 1,607.2 1,207.2  
Investments in unconsolidated affiliates (see Note 9) 0       0       0 0 0  
Intangible assets, net (see Note 11) 0       0       0 0 0  
Goodwill (see Note 11) $ 0       $ 0       $ 0 $ 0 $ 0  
[1] Amount is a component of "Depreciation, amortization and accretion" as presented on the Statements of Consolidated Cash Flows.
[2] Amount is a component of "Gains from asset sales" as presented on the Statements of Consolidated Cash Flows.
[3] The total carrying amount of goodwill at December 31, 2011, 2010 and 2009 is net of $1.3 million of accumulated impairment charges.