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Business Segments (Tables)
 12 Months Ended
Dec. 31, 2016
Business Segments [Abstract]  
Measurement of Total Segment Gross Operating Margin

The following table presents our measurement of total segment gross operating margin for the periods presented.  The GAAP financial measure most directly comparable to total segment gross operating margin is operating income.

  
For the Year Ended December 31,
 
  
2016
  
2015
  
2014
 
Income before income taxes
 
$
2,576.4
  
$
2,555.9
  
$
2,856.6
 
Add total other expense, net
  
1,004.3
   
984.3
   
919.1
 
Operating income
  
3,580.7
   
3,540.2
   
3,775.7
 
Adjustments to reconcile operating income to total gross operating margin:
            
   Add depreciation, amortization and accretion expense in operating costs and expenses
  
1,456.7
   
1,428.2
   
1,282.7
 
   Add asset impairment and related charges in operating costs and expenses (1)
  
52.8
   
162.6
   
34.0
 
   Add net losses and subtract net gains attributable to asset sales and insurance recoveries
  
(2.5
)
  
15.6
   
(102.1
)
   Add general and administrative costs
  
160.1
   
192.6
   
214.5
 
Adjustments for make-up rights on certain new pipeline projects:
            
   Add non-refundable payments received from shippers attributable to make-up rights (2)
  
17.5
   
53.6
   
84.6
 
   Subtract the subsequent recognition of revenues attributable to make-up rights (3)
  
(34.6
)
  
(60.7
)
  
(2.9
)
Total segment gross operating margin
 
$
5,230.7
  
$
5,332.1
  
$
5,286.5
 
             
(1)The amount presented for 2016 includes $7.1 million recorded in connection with the fire at Pascagoula (see Note 5).
(2)Since make-up rights entail a future performance obligation by the pipeline to the shipper, these receipts are recorded as deferred revenue for GAAP purposes; however, these receipts are included in gross operating margin in the period of receipt since they are nonrefundable to the shipper.
(3)As deferred revenues attributable to make-up rights are subsequently recognized as revenue under GAAP, gross operating margin must be adjusted to remove such amounts to prevent duplication since the associated non-refundable payments were previously included in gross operating margin.
 
Reconciliation of Total Segment Gross Operating Margin to Operating Income and Income Before Provision for Income Taxes
Gross operating margin by segment is calculated by subtracting segment operating costs and expenses from segment revenues, with both segment totals reflecting the adjustments noted in the preceding table, as applicable, and before the elimination of intercompany transactions.  The following table presents gross operating margin by segment for the periods indicated:

 
 
For the Year Ended December 31,
 
 
 
2016
  
2015
  
2014
 
Gross operating margin by segment:
         
NGL Pipelines & Services
 
$
2,990.6
  
$
2,771.6
  
$
2,877.7
 
Crude Oil Pipelines & Services
  
854.6
   
961.9
   
762.5
 
Natural Gas Pipelines & Services
  
734.9
   
782.6
   
803.3
 
Petrochemical & Refined Products Services
  
650.6
   
718.5
   
681.0
 
Offshore Pipelines & Services
  
--
   
97.5
   
162.0
 
Total segment gross operating margin
 
$
5,230.7
  
$
5,332.1
  
$
5,286.5
 
Information by Business Segments
Information by business segment, together with reconciliations to amounts presented on our Statements of Consolidated Operations, is presented in the following table:

 
 
Reportable Business Segments
       
 
 
NGL
Pipelines
& Services
  
Crude Oil
Pipelines
& Services
  
Natural Gas
Pipelines
& Services
  
Petrochemical
& Refined
Products
Services
  
Offshore
Pipelines
& Services
  
Adjustments
and
Eliminations
  
Consolidated
Total
 
Revenues from third parties:
                     
Year ended December 31, 2016
 
$
10,232.7
  
$
6,478.7
  
$
2,532.4
  
$
3,721.8
  
$
--
  
$
--
  
$
22,965.6
 
Year ended December 31, 2015
  
9,779.0
   
10,258.3
   
2,729.5
   
4,111.9
   
76.9
   
--
   
26,955.6
 
Year ended December 31, 2014
  
17,078.4
   
20,151.9
   
4,182.6
   
6,316.5
   
150.3
   
--
   
47,879.7
 
Revenues from related parties:
                            
Year ended December 31, 2016
  
9.8
   
36.3
   
10.6
   
--
   
--
   
--
   
56.7
 
Year ended December 31, 2015
  
9.0
   
47.6
   
13.8
   
--
   
1.9
   
--
   
72.3
 
Year ended December 31, 2014
  
11.4
   
32.4
   
21.2
   
--
   
6.5
   
--
   
71.5
 
Intersegment and intrasegment revenues:
                            
Year ended December 31, 2016
  
19,150.0
   
9,052.0
   
668.5
   
1,234.8
   
--
   
(30,105.3
)
  
--
 
Year ended December 31, 2015
  
10,217.9
   
5,162.0
   
662.1
   
1,126.0
   
0.6
   
(17,168.6
)
  
--
 
Year ended December 31, 2014
  
13,716.5
   
12,678.7
   
1,106.7
   
1,779.6
   
6.5
   
(29,288.0
)
  
--
 
Total revenues:
                            
Year ended December 31, 2016
  
29,392.5
   
15,567.0
   
3,211.5
   
4,956.6
   
--
   
(30,105.3
)
  
23,022.3
 
Year ended December 31, 2015
  
20,005.9
   
15,467.9
   
3,405.4
   
5,237.9
   
79.4
   
(17,168.6
)
  
27,027.9
 
Year ended December 31, 2014
  
30,806.3
   
32,863.0
   
5,310.5
   
8,096.1
   
163.3
   
(29,288.0
)
  
47,951.2
 
Equity in income (loss) of unconsolidated affiliates:
                            
Year ended December 31, 2016
  
61.4
   
311.9
   
3.8
   
(15.1
)
  
--
   
--
   
362.0
 
Year ended December 31, 2015
  
57.5
   
281.4
   
3.8
   
(15.7
)
  
46.6
   
--
   
373.6
 
Year ended December 31, 2014
  
30.6
   
184.6
   
3.6
   
(13.3
)
  
54.0
   
--
   
259.5
 

Information by business segment, together with reconciliations to our Consolidated Balance Sheet totals, is presented in the following table:

  
Reportable Business Segments
       
 
 
NGL
Pipelines
& Services
  
Crude Oil
Pipelines
& Services
  
Natural Gas
Pipelines
& Services
  
Petrochemical
& Refined
Products
Services
  
Offshore
Pipelines
& Services
  
Adjustments
and
Eliminations
  
Consolidated
Total
 
Property, plant and equipment, net: (see Note 5)
                     
At December 31, 2016
 
$
14,091.5
  
$
4,216.1
  
$
8,403.0
  
$
3,261.2
  
$
--
  
$
3,320.7
  
$
33,292.5
 
At December 31, 2015
  
12,909.7
   
3,550.3
   
8,620.0
   
3,060.7
   
--
   
3,894.0
   
32,034.7
 
At December 31, 2014
  
11,766.9
   
2,332.2
   
8,835.5
   
3,047.2
   
1,145.1
   
2,754.7
   
29,881.6
 
Investments in unconsolidated affiliates: (see Note 6)
                            
At December 31, 2016
  
750.4
   
1,824.6
   
21.7
   
80.6
   
--
   
--
   
2,677.3
 
At December 31, 2015
  
718.7
   
1,813.4
   
22.5
   
73.9
   
--
   
--
   
2,628.5
 
At December 31, 2014
  
682.3
   
1,767.7
   
23.2
   
75.1
   
493.7
   
--
   
3,042.0
 
Intangible assets, net: (see Note 7)
                            
At December 31, 2016
  
350.2
   
2,279.0
   
1,054.5
   
180.4
   
--
   
--
   
3,864.1
 
At December 31, 2015
  
380.3
   
2,377.5
   
1,087.7
   
191.7
   
--
   
--
   
4,037.2
 
At December 31, 2014
  
689.2
   
2,223.6
   
972.9
   
374.8
   
41.6
   
--
   
4,302.1
 
Goodwill: (see Note 7)
                            
At December 31, 2016
  
2,651.7
   
1,841.0
   
296.3
   
956.2
   
--
   
--
   
5,745.2
 
At December 31, 2015
  
2,651.7
   
1,841.0
   
296.3
   
956.2
   
--
   
--
   
5,745.2
 
At December 31, 2014
  
2,210.2
   
918.7
   
296.3
   
793.0
   
82.0
   
--
   
4,300.2
 
Segment assets:
                            
At December 31, 2016
  
17,843.8
   
10,160.7
   
9,775.5
   
4,478.4
   
--
   
3,320.7
   
45,579.1
 
At December 31, 2015
  
16,660.4
   
9,582.2
   
10,026.5
   
4,282.5
   
--
   
3,894.0
   
44,445.6
 
At December 31, 2014
  
15,348.6
   
7,242.2
   
10,127.9
   
4,290.1
   
1,762.4
   
2,754.7
   
41,525.9
 
Consolidated Revenues and Expenses
Other Revenue and Expense Information
The following table presents additional information regarding our consolidated revenues and costs and expenses for the periods indicated:

 
 
For the Year Ended December 31,
 
 
 
2016
  
2015
  
2014
 
NGL Pipelines & Services:
         
Sales of NGLs and related products
 
$
8,380.5
  
$
8,044.8
  
$
15,460.1
 
Midstream services
  
1,862.0
   
1,743.2
   
1,629.7
 
Total
  
10,242.5
   
9,788.0
   
17,089.8
 
Crude Oil Pipelines & Services:
            
Sales of crude oil
  
5,802.5
   
9,732.9
   
19,783.9
 
Midstream services
  
712.5
   
573.0
   
400.4
 
Total
  
6,515.0
   
10,305.9
   
20,184.3
 
Natural Gas Pipelines & Services:
            
Sales of natural gas
  
1,591.9
   
1,722.6
   
3,181.7
 
Midstream services
  
951.1
   
1,020.7
   
1,022.1
 
Total
  
2,543.0
   
2,743.3
   
4,203.8
 
Petrochemical & Refined Products Services:
            
Sales of petrochemicals and refined products
  
2,921.9
   
3,333.5
   
5,575.5
 
Midstream services
  
799.9
   
778.4
   
741.0
 
Total
  
3,721.8
   
4,111.9
   
6,316.5
 
Offshore Pipelines & Services:
            
Sales of natural gas
  
--
   
--
   
0.3
 
Sales of crude oil
  
--
   
3.2
   
8.6
 
Midstream services
  
--
   
75.6
   
147.9
 
Total
  
--
   
78.8
   
156.8
 
Total consolidated revenues
 
$
23,022.3
  
$
27,027.9
  
$
47,951.2
 
 
            
Consolidated costs and expenses
            
Operating costs and expenses:
            
Cost of sales
 
$
15,710.9
  
$
19,612.9
  
$
40,464.1
 
Other operating costs and expenses (1)
  
2,425.6
   
2,449.4
   
2,541.8
 
Depreciation, amortization and accretion
  
1,456.7
   
1,428.2
   
1,282.7
 
Impairment and related charges
  
52.8
   
162.6
   
34.0
 
Net losses (gains) attributable to asset sales and insurance recoveries
  
(2.5
)
  
15.6
   
(102.1
)
General and administrative costs
  
160.1
   
192.6
   
214.5
 
Total consolidated costs and expenses
 
$
19,803.6
  
$
23,861.3
  
$
44,435.0
 
  
(1)Represents the cost of operating our plants, pipelines and other fixed assets excluding: depreciation, amortization and accretion charges; asset impairment and related charges; and net losses (or gains) attributable to asset sales and insurance recoveries.
 

Our largest non-affiliated customer for 2016 was Vitol Holding B.V. and its affiliates (collectively, “Vitol”), which accounted for $2.28 billion, or 9.9%, of our consolidated revenues for the year.  Vitol is a global energy and commodity trading company. The following table presents our consolidated revenues from Vitol by business segment for the year ended December 31, 2016:

NGL Pipelines & Services
 
$
1,830.1
 
Crude Oil Pipelines & Services
  
171.9
 
Natural Gas Pipelines & Services
  
7.8
 
Petrochemical & Refined Products Services
  
270.3
 
Total
 
$
2,280.1