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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2019
Revenue Recognition [Abstract]  
Disaggregation of Revenue [Table Text Block]
The following table presents our revenue disaggregated by major service line:
 
Northeast
Midstream
 
Atlantic-
Gulf Midstream
 
West Midstream
 
Transco
 
Northwest Pipeline
 
Other
 
Intercompany Eliminations 
 
Total
 
(Millions)
Three Months Ended March 31, 2019
 
 
Revenues from contracts with customers:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-regulated gathering, processing, transportation, and storage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Monetary consideration
$
239

 
$
128

 
$
344

 
$

 
$

 
$

 
$
(18
)
 
$
693

Commodity consideration
5

 
13

 
46

 

 

 

 

 
64

Regulated interstate natural gas transportation and storage

 

 

 
570

 
114

 

 

 
684

Other
32

 
4

 
11

 

 

 

 
(4
)
 
43

Total service revenues
276

 
145

 
401

 
570

 
114

 

 
(22
)
 
1,484

Product Sales:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
NGL and natural gas product sales
47

 
58

 
479

 
24

 

 

 
(58
)
 
550

Total revenues from contracts with customers
323

 
203

 
880

 
594

 
114

 

 
(80
)
 
2,034

Other revenues (1)
5

 
4

 
4

 
3

 

 
7

 
(3
)
 
20

Total revenues
$
328

 
$
207

 
$
884

 
$
597

 
$
114

 
$
7

 
$
(83
)
 
$
2,054

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended March 31, 2018
Revenues from contracts with customers:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Service revenues:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Non-regulated gathering, processing, transportation, and storage:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Monetary consideration
$
202

 
$
137

 
$
408

 
$

 
$

 
$

 
$
(18
)
 
$
729

Commodity consideration
4

 
15

 
82

 

 

 

 

 
101

Regulated interstate natural gas transportation and storage

 

 

 
461

 
112

 

 
(1
)
 
572

Other
21

 
6

 
11

 

 

 

 
(3
)
 
35

Total service revenues
227

 
158

 
501

 
461

 
112

 

 
(22
)
 
1,437

Product Sales:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
NGL and natural gas
98

 
68

 
521

 
25

 

 

 
(85
)
 
627

Other

 

 
4

 

 

 

 

 
4

Total product sales
98

 
68

 
525

 
25

 

 

 
(85
)
 
631

Total revenues from contracts with customers
325

 
226

 
1,026

 
486

 
112

 

 
(107
)
 
2,068

Other revenues (1)
5

 
2

 
5

 
3

 

 
8

 
(3
)
 
20

Total revenues
$
330

 
$
228

 
$
1,031

 
$
489

 
$
112

 
$
8

 
$
(110
)
 
$
2,088


______________________________
(1)
Service revenues in our Consolidated Statement of Income include leasing revenues associated with our headquarters building and management fees that we receive for certain services we provide to operated equity-method investments. The leasing revenues and the management fees do not constitute revenue from contracts with customers. Product sales in our Consolidated Statement of Income include amounts associated with our derivative contracts that are not within the scope of ASC 606, “Revenue from Contracts with Customers.
Contract with Customer, Asset and Liability [Table Text Block]
The following table presents a reconciliation of our contract assets:
 
Year-to-Date  March 31, 2019
 
(Millions)
Balance at beginning of period
$
4

Revenue recognized in excess of amounts invoiced
19

Minimum volume commitments invoiced
(1
)
Balance at end of period
$
22

Contract With Customer, Liability 1 [Table Text Block]
The following table presents a reconciliation of our contract liabilities:
 
Year-to-Date   March 31, 2019
 
(Millions)
Balance at beginning of period
$
1,397

Payments received and deferred
33

Noncash interest expense for significant financing component
4

Recognized in revenue
(99
)
Balance at end of period
$
1,335

Contract With Customer, Liability Expected Timing Of Revenue Recognition [Table Text Block]
The following table presents the amount of the contract liabilities balance as of March 31, 2019, expected to be recognized as revenue in each of the next five years as performance obligations are expected to be satisfied:
 
(Millions)
2019 (remainder)
$
200

2020
148

2021
124

2022
111

2023
101

Thereafter
651

Total
$
1,335

Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]
The following table presents the transaction price allocated to the remaining performance obligations under certain contracts as of March 31, 2019. These primarily include long-term contracts containing Minimum Volume Commitments (MVCs) associated with our midstream businesses, fixed payments associated with offshore production handling, and reservation charges on contracted capacity on our gas pipeline firm transportation contracts with customers, as well as storage capacity contracts. Amounts included in the table below for our interstate natural gas pipeline businesses reflect the rates for such services in our current Federal Energy Regulatory Commission (FERC) tariffs, net of estimated reserve for refund, for the life of the related contracts; however, these rates may change based on future tariffs approved by the FERC and the amount and timing of these changes is not currently known. This table excludes variable consideration as well as consideration in contracts that is recognized in revenue as billed. It also excludes consideration received prior to March 31, 2019, that will be recognized in future periods (see above for Contract Liabilities and the expected recognition of those amounts within revenue). Certain of our contracts contain evergreen and other renewal provisions for periods beyond the initial term of the contract. The remaining performance obligation amounts as of March 31, 2019, do not consider potential future performance obligations for which the renewal has not been exercised. The table below also does not include contracts with customers for which the underlying facilities have not received FERC authorization to be placed into service.
 
(Millions)
2019 (remainder)
$
2,214

2020
2,831

2021
2,704

2022
2,408

2023
2,149

Thereafter
18,161

Total
$
30,467

Contract With Customer Accounts Receivable [Table Text Block]
The following is a summary of our Trade accounts and other receivables:
 
March 31, 2019
 
December 31, 2018
 
(Millions)
Accounts receivable related to revenues from contracts with customers
$
794

 
$
858

Other accounts receivable
135

 
134

Total reflected in Trade accounts and other receivables
$
929

 
$
992