XML 45 R31.htm IDEA: XBRL DOCUMENT v2.4.0.6
Investments in Unconsolidated Affiliates (Tables)
3 Months Ended
Mar. 31, 2013
Investments in Unconsolidated Affiliates [Abstract]  
Investments in Unconsolidated Affiliates
 
 
Ownership
Interest at
March 31,
2013
 
 
March 31,
2013
 
 
December 31,
2012
 
NGL Pipelines & Services:
 
 
 
 
 
 
Venice Energy Service Company, L.L.C.
 
13.1%
 
 
$
29.9
 
 
$
29.6
 
K/D/S Promix, L.L.C.
 
50%
 
 
 
46.2
 
 
 
46.9
 
Baton Rouge Fractionators LLC
 
32.2%
 
 
 
20.3
 
 
 
20.2
 
Skelly-Belvieu Pipeline Company, L.L.C.
 
50%
 
 
 
38.7
 
 
 
38.2
 
Texas Express Pipeline LLC
 
35%
 
 
 
196.2
 
 
 
144.4
 
Texas Express Gathering LLC
 
45%
 
 
 
25.4
 
 
 
20.9
 
Front Range Pipeline LLC
 
33.3%
 
 
 
55.4
 
 
 
24.4
 
Onshore Natural Gas Pipelines & Services:
 
 
 
 
 
 
 
 
 
 
 
 
White River Hub, LLC
 
50%
 
 
 
24.6
 
 
 
24.9
 
Onshore Crude Oil Pipelines & Services:
 
 
 
 
 
 
 
 
 
 
 
 
Seaway Crude Pipeline Company LLC
 
50%
 
 
 
463.6
 
 
 
341.4
 
Eagle Ford Pipeline LLC
 
50%
 
 
 
196.7
 
 
 
152.4
 
Offshore Pipelines & Services:
 
 
 
 
 
 
 
 
 
 
 
 
Poseidon Oil Pipeline Company, L.L.C. ("Poseidon")
 
36%
 
 
 
46.2
 
 
 
47.3
 
Cameron Highway Oil Pipeline Company
 
50%
 
 
 
212.2
 
 
 
220.0
 
Deepwater Gateway, L.L.C.
 
50%
 
 
 
88.8
 
 
 
90.0
 
Neptune Pipeline Company, L.L.C.
 
25.7%
 
 
 
45.6
 
 
 
46.8
 
Southeast Keathley Canyon Pipeline Company L.L.C.
 
50%
 
 
 
116.2
 
 
 
74.9
 
Petrochemical & Refined Products Services:
 
 
 
 
 
 
 
 
 
 
 
 
Baton Rouge Propylene Concentrator, LLC
 
30%
 
 
 
8.2
 
 
 
8.5
 
Centennial Pipeline LLC ("Centennial")
 
50%
 
 
 
61.9
 
 
 
60.8
 
Other (1)
 
Various
 
 
 
2.9
 
 
 
3.0
 
Total
 
 
 
 
 
$
1,679.0
 
 
$
1,394.6
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)   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 the Three Months
 
 
 
Ended March 31,
 
 
 
2013
 
 
2012
 
NGL Pipelines & Services
 
$
3.9
 
 
$
5.2
 
Onshore Natural Gas Pipelines & Services
 
 
1.0
 
 
 
1.4
 
Onshore Crude Oil Pipelines & Services
 
 
36.6
 
 
 
0.5
 
Offshore Pipelines & Services
 
 
6.4
 
 
 
6.9
 
Petrochemical & Refined Products Services
 
 
(3.4
)
 
 
(6.5
)
Other Investments
 
 
--
 
 
 
2.4
 
Total
 
$
44.5
 
 
$
9.9
 

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

 
 
March 31,
2013
 
 
December 31,
2012
 
NGL Pipelines & Services
 
$
28.6
 
 
$
28.9
 
Onshore Crude Oil Pipelines & Services
 
 
18.3
 
 
 
18.5
 
Offshore Pipelines & Services
 
 
13.3
 
 
 
13.6
 
Petrochemical & Refined Products Services
 
 
2.7
 
 
 
2.7
 
Total
 
$
62.9
 
 
$
63.7
 

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

 
 
For the Three Months
 
 
 
Ended March 31,
 
 
 
2013
 
 
2012
 
NGL Pipelines & Services
 
$
0.3
 
 
$
0.2
 
Onshore Crude Oil Pipelines & Services
 
 
0.2
 
 
 
0.2
 
Offshore Pipelines & Services
 
 
0.3
 
 
 
0.3
 
Petrochemical & Refined Products Services
 
 
--
 
 
 
0.1
 
Other Investments
 
 
--
 
 
 
0.3
 
Total
 
$
0.8
 
 
$
1.1
 

The following table presents unaudited income statement information (on a 100% basis for the periods presented) of our unconsolidated affiliates, aggregated by the business segments to which they relate:

 
 
Summarized Income Statement Information for the Three Months Ended
 
 
 
March 31, 2013
 
 
March 31, 2012
 
 
 
 
 
Operating
 
 
Net
 
 
 
 
Operating
 
 
Net
 
 
 
Revenues
 
 
Income (Loss)
 
 
Income (Loss)
 
 
Revenues
 
 
Income (Loss)
 
 
Income (Loss)
 
NGL Pipelines & Services
 
$
83.4
 
 
$
15.3
 
 
$
15.2
 
 
$
110.9
 
 
$
27.0
 
 
$
27.0
 
Onshore Natural Gas Pipelines & Services
 
 
2.9
 
 
 
1.9
 
 
 
1.9
 
 
 
30.9
 
 
 
2.6
 
 
 
2.6
 
Onshore Crude Oil Pipelines & Services
 
 
78.5
 
 
 
71.7
 
 
 
67.9
 
 
 
12.3
 
 
 
0.8
 
 
 
0.8
 
Offshore Pipelines & Services
 
 
42.3
 
 
 
18.0
 
 
 
17.3
 
 
 
41.1
 
 
 
19.1
 
 
 
18.4
 
Petrochemical & Refined Products Services
 
 
6.0
 
 
 
(3.9
)
 
 
(5.8
)
 
 
5.4
 
 
 
(9.4
)
 
 
(11.4
)