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Related Party Transactions (Tables) (Oxy)
6 Months Ended
Jun. 30, 2014
Oxy
 
Related party transaction  
Information related to transactions with related parties

These transactions were conducted at posted tariff rates or prices that we believe approximate market. See detail below (in millions):

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

Revenues

 

$

351

 

$

424

 

$

443

 

$

694

 

 

 

 

 

 

 

 

 

 

 

Purchases and related costs

 

$

209

 

$

214

 

$

468

 

$

375

 

 

We currently have a netting arrangement with Oxy. Our gross receivable and payable amounts with affiliates of Oxy were as follows (in millions):

 

 

 

June 30,

 

December 31,

 

 

 

2014

 

2013

 

Trade accounts receivable and other receivables

 

$

460

 

$

133

 

 

 

 

 

 

 

Accounts payable

 

$

321

 

$

181