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Fair Value Measurements Nonrecurring Measurements (Details) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Aug. 31, 2019
Jun. 30, 2019
[2]
Mar. 31, 2019
[8]
Mar. 17, 2019
Dec. 31, 2018
Jun. 30, 2018
Mar. 31, 2020
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of certain assets (Note 18)                           $ 182 $ 464 $ 1,915
Impairment of equity-method investments                           1,046 186 32
Share Price Change                     26.00% 40.00%        
Goodwill, Impairment Loss                           187 0 0
Noncontrolling Interests                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of certain assets     $ 209                          
Goodwill, Impairment Loss                       $ 65        
Fair Value, Nonrecurring [Member] | Level 2 [Member] | Property, plant, and equipment, net [Member] | Other [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Fair value of property, plant, and equipment [1]                   $ 25            
Fair Value, Nonrecurring [Member] | Level 2 [Member] | Assets Held For Sale [Member] | West [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Assets Held-for-sale, Long Lived, Fair Value Disclosure [2]     25                       25  
Fair Value, Nonrecurring [Member] | Level 2 [Member] | Property Plant And Equipment, Net And Intangible Assets, Net Of Accumulated Amortization [Member] | Northeast G And P [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Property Plant And Equipment And Intangibles, Fair Value Disclosure [3] $ 5                         5    
Fair Value, Nonrecurring [Member] | Level 2 [Member] | Investments [Member] | Northeast G And P [Member] | Pennant Midstream, LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Fair value of investment [4]         $ 11                      
Fair Value, Nonrecurring [Member] | Level 2 [Member] | Investments [Member] | Northeast G And P [Member] | Utica East Ohio Midstream, LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Fair value of investment [5]               $ 1,210                
Fair Value, Nonrecurring [Member] | Level 3 [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Goodwill, Impairment Loss                       187        
Fair Value, Nonrecurring [Member] | Level 3 [Member] | Property, plant, and equipment, net [Member] | Transmission And Gulf Of Mexico [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Fair value of property, plant, and equipment 42 [6]   22 [7]                     42 [6] 22 [7]  
Fair Value, Nonrecurring [Member] | Level 3 [Member] | Property, plant, and equipment, net [Member] | West [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Fair value of property, plant, and equipment           $ 40 $ 0           $ 0 [8]      
Fair Value, Nonrecurring [Member] | Level 3 [Member] | Property Plant And Equipment, Net And Intangible Assets, Net Of Accumulated Amortization [Member] | West [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Property Plant And Equipment And Intangibles, Fair Value Disclosure [9]                 $ 470             470
Fair Value, Nonrecurring [Member] | Level 3 [Member] | Investments [Member] | Transmission And Gulf Of Mexico [Member] | Discovery Producer Services LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Fair value of investment [10]   $ 367                 $ 367 367        
Fair Value, Nonrecurring [Member] | Level 3 [Member] | Investments [Member] | West [Member] | Rocky Mountain Midstream Holdings LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Fair value of investment 421 [11] 557 [12]                 557 [12] 557 [12]   421 [11]    
Fair Value, Nonrecurring [Member] | Level 3 [Member] | Investments [Member] | West [Member] | Brazos Permian II, LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Fair value of investment [12]   0                 0 0        
Fair Value, Nonrecurring [Member] | Level 3 [Member] | Investments [Member] | Northeast G And P [Member] | Laurel Mountain Midstream, LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Fair value of investment   236 [10]   $ 242 [13]             236 [10] 236 [10]        
Fair Value, Nonrecurring [Member] | Level 3 [Member] | Investments [Member] | Northeast G And P [Member] | Utica East Ohio Midstream, LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Fair value of investment [5]                 1,293             1,293
Fair Value, Nonrecurring [Member] | Level 3 [Member] | Investments [Member] | Northeast G And P [Member] | Caiman Energy II [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Fair value of investment [10]   191                 191 191        
Fair Value, Nonrecurring [Member] | Level 3 [Member] | Investments [Member] | Northeast G And P [Member] | Aux Sable Liquid Products LP [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Fair value of investment [10]   7                 $ 7 $ 7        
Impairment Of Certain Assets [Member] | Fair Value, Nonrecurring [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of certain assets (Note 18)                           182 464 1,915
Impairment Of Certain Assets [Member] | Fair Value, Nonrecurring [Member] | Level 2 [Member] | West [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of certain assets [2]     20                          
Impairment Of Certain Assets [Member] | Fair Value, Nonrecurring [Member] | Level 2 [Member] | Other [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of certain assets [1]                   $ 66            
Impairment Of Certain Assets [Member] | Fair Value, Nonrecurring [Member] | Level 2 [Member] | Northeast G And P [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of certain assets (Note 18) [3] 12                              
Impairment Of Certain Assets [Member] | Fair Value, Nonrecurring [Member] | Level 3 [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of certain assets [14]                             19  
Impairment Of Certain Assets [Member] | Fair Value, Nonrecurring [Member] | Level 3 [Member] | Transmission And Gulf Of Mexico [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of certain assets 170 [6]   $ 354 [7]                          
Impairment Of Certain Assets [Member] | Fair Value, Nonrecurring [Member] | Level 3 [Member] | West [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of certain assets           $ 59 $ 12                  
Impairment of certain assets (Note 18) [9]                 1,849              
Impairment Of Equity-Method Investments [Member] | Fair Value, Nonrecurring [Member] | Level 2 [Member] | Northeast G And P [Member] | Pennant Midstream, LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of equity-method investments [4]         $ 17                      
Impairment Of Equity-Method Investments [Member] | Fair Value, Nonrecurring [Member] | Level 2 [Member] | Northeast G And P [Member] | Utica East Ohio Midstream, LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of equity-method investments [5]               $ 74                
Impairment Of Equity-Method Investments [Member] | Fair Value, Nonrecurring [Member] | Level 3 [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of equity-method investments                             (1)  
Impairment Of Equity-Method Investments [Member] | Fair Value, Nonrecurring [Member] | Level 3 [Member] | Transmission And Gulf Of Mexico [Member] | Discovery Producer Services LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of equity-method investments [10]   97                            
Impairment Of Equity-Method Investments [Member] | Fair Value, Nonrecurring [Member] | Level 3 [Member] | West [Member] | Rocky Mountain Midstream Holdings LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of equity-method investments $ 108 [11] 243 [12]                            
Impairment Of Equity-Method Investments [Member] | Fair Value, Nonrecurring [Member] | Level 3 [Member] | West [Member] | Brazos Permian II, LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of equity-method investments [12]   193                            
Impairment Of Equity-Method Investments [Member] | Fair Value, Nonrecurring [Member] | Level 3 [Member] | Northeast G And P [Member] | Laurel Mountain Midstream, LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of equity-method investments   10 [10]   $ 79 [13]                        
Impairment Of Equity-Method Investments [Member] | Fair Value, Nonrecurring [Member] | Level 3 [Member] | Northeast G And P [Member] | Utica East Ohio Midstream, LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of equity-method investments                 $ 32 [5]       $ 74      
Impairment Of Equity-Method Investments [Member] | Fair Value, Nonrecurring [Member] | Level 3 [Member] | Northeast G And P [Member] | Caiman Energy II [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of equity-method investments [10]   229                            
Impairment Of Equity-Method Investments [Member] | Fair Value, Nonrecurring [Member] | Level 3 [Member] | Northeast G And P [Member] | Aux Sable Liquid Products LP [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of equity-method investments [10]   $ 39                            
Impairment Of Equity-Method Investments [Member] | Fair Value, Nonrecurring [Member] | Fair Value, Inputs, Level 1, 2 and 3 [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of equity-method investments                           $ 1,046 $ 186 $ 32
Measurement Input, Discount Rate [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Property Plant And Equipment And Intangibles Fair Value Inputs                 8.50%             8.50%
Measurement Input, Discount Rate [Member] | Laurel Mountain Midstream, LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Investments Fair Value Inputs       10.20%                        
Measurement Input, Discount Rate [Member] | Rocky Mountain Midstream Holdings LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Investments Fair Value Inputs 18.00% 17.00%                 17.00% 17.00%   18.00%    
Measurement Input, Discount Rate [Member] | Brazos Permian II, LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Investments Fair Value Inputs   17.00%                 17.00% 17.00%        
Measurement Input, Discount Rate [Member] | Appalachia Midstream Services LLC And Laurel Mountain Midstream LLC And Discovery Producer Services LLC [Member] | Minimum [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Investments Fair Value Inputs   9.70%                 9.70% 9.70%        
Measurement Input, Discount Rate [Member] | Appalachia Midstream Services LLC And Laurel Mountain Midstream LLC And Discovery Producer Services LLC [Member] | Maximum [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Investments Fair Value Inputs   13.50%                 13.50% 13.50%        
Measurement Input, Discount Rate [Member] | Appalachia Midstream Services LLC And Laurel Mountain Midstream LLC And Discovery Producer Services LLC [Member] | Weighted Average [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Investments Fair Value Inputs   12.60%                 12.60% 12.60%        
Measurement Input, EBITDA Multiple [Member] | Caiman Energy II And Aux Sable Liquid Products LP [Member] | Minimum [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Investments Fair Value Inputs   500.00%                 500.00% 500.00%        
Measurement Input, EBITDA Multiple [Member] | Caiman Energy II And Aux Sable Liquid Products LP [Member] | Maximum [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Investments Fair Value Inputs   620.00%                 620.00% 620.00%        
Measurement Input, EBITDA Multiple [Member] | Caiman Energy II And Aux Sable Liquid Products LP [Member] | Weighted Average [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Investments Fair Value Inputs   600.00%                 600.00% 600.00%        
Williams Companies Inc [Member] | Fair Value, Nonrecurring [Member] | Level 3 [Member] | Investments [Member] | Northeast G And P [Member] | Appalachia Midstream Services, LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Fair value of investment   $ 2,700 [10]   $ 102 [15]             $ 2,700 [10] $ 2,700 [10]        
Williams Companies Inc [Member] | Impairment Of Equity-Method Investments [Member] | Fair Value, Nonrecurring [Member] | Level 3 [Member] | Northeast G And P [Member] | Appalachia Midstream Services, LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Impairment of equity-method investments   $ 127 [10]   $ 17 [15]                        
Williams Companies Inc [Member] | Measurement Input, Discount Rate [Member] | Appalachia Midstream Services, LLC [Member]                                
Fair Value Assets Measured On Nonrecurring Basis [Abstract]                                
Investments Fair Value Inputs       9.00%                        
[1] Relates to certain idle pipelines. The estimated fair value of the Property, plant, and equipment – net was determined by a market approach incorporating information derived from bids received for these assets, which we marketed for sale together with certain other assets. These inputs resulted in a fair value measurement within Level 2 of the fair value hierarchy. We sold these assets in the fourth quarter of 2018. (See Note 3 – Acquisitions and Divestitures.)
[2] Relates to a gas gathering system in the Eagle Ford Shale region with expected declines in asset utilization and possible idling of the gathering system. We designated these operations as held for sale, included in Other current assets and deferred charges, as of December 31, 2019. As a result, we measured the fair value of the disposal group using the expected sales price under a contract with a third party. These inputs resulted in a fair value measurement within Level 2 of the fair value hierarchy. The estimated fair value of the Property, plant, and equipment – net at June 30, 2019, was determined using a market approach, which incorporated indications of interest from third parties.
[3] Relates to a gathering system in the Marcellus Shale region, that is more likely than not to be sold in the short term. The estimated fair value of the Property, plant, and equipment – net and Intangible assets – net of accumulated amortization was determined using a market approach, which incorporated an indication of interest by a third party. These inputs resulted in a fair value measurement within Level 2 of the fair value hierarchy.
[4] The estimated fair value of Pennant Midstream, LLC (Pennant) was determined by a market approach based on recent observable third-party transactions. These inputs resulted in a fair value measurement within Level 2 of the fair value hierarchy.
[5] The estimated fair value at March 17, 2019, was determined by a market approach based on the transaction price for the purchase of the remaining interest in UEOM as finalized just prior to the signing and closing of the acquisition in March 2019 (see Note 3 – Acquisitions and Divestitures). These inputs resulted in a fair value measurement within Level 2 of the fair value hierarchy. The estimated fair value at December 31, 2018, was determined by a market approach based on our analysis of inputs in the principal market.
[6] Relates to capitalized project development costs for the Northeast Supply Enhancement project. As previously disclosed, approvals required for the project from the New York State Department of Environmental Conservation and the New Jersey Department of Environmental Protection have been denied and we have not refiled at this time. Beginning in May 2020, we discontinued capitalization of costs related to this project. Considering that the customer precedent agreements and FERC certificate for the project remain in effect, we had previously concluded that the probability of completing the project was sufficient to not require impairment. However, recent developments in the political and regulatory environments have caused us to slightly lower that assessed probability such that the capitalized project costs now required impairment. The estimated fair value of the materials within the capitalized project costs considered other internal uses and salvage values for the Property, plant, and equipment – net. The remaining capitalized costs were determined to have no fair value.
[7] Relates to the Constitution proposed pipeline project extending from Susquehanna County, Pennsylvania, to the Iroquois Gas Transmission and the Tennessee Gas Pipeline systems in New York. Although Constitution received a certificate of public convenience and necessity from the FERC to construct and operate the proposed pipeline and obtained, among other approvals, a waiver of the water quality certification under Section 401 of the Clean Water Act for the New York portion of the project, the members of Constitution, following extensive evaluation and discussion, determined that the underlying risk-adjusted return for this greenfield pipeline project had diminished in such a way that further development was no longer supported. The estimated fair value of the Property, plant, and equipment – net was based on probability-weighted third-party quotes. Our partners’ $209 million share of this impairment is reflected within Net income (loss) attributable to noncontrolling interests in the Consolidated Statement of Operations.
[8] Reflects impairment of Property, plant, and equipment – net that is no longer in use for which the fair value was determined to be lower than the carrying value.
[9] Relates to our gathering operations in the Barnett Shale region. Certain of our contractual gathering rates, primarily those in the Barnett Shale region, are based on a percentage of the New York Mercantile Exchange (NYMEX) natural gas prices. During the fourth quarter of 2018, we determined there was a sustained decline in the forward price curves for natural gas. During this same period, a large producer customer in the Barnett Shale region removed their remaining drilling rig. These factors gave rise to an impairment evaluation of these assets, which incorporated management’s projections of future drilling activity and gathering rates, taking into consideration the information previously noted as well as recently available information regarding producer drilling cost assumptions in the basin. The resulting estimate of future undiscounted cash flows was less than our carrying value, necessitating the estimation of the fair value of the Property, plant, and equipment – net and Intangible assets – net of accumulated amortization. To arrive at the fair value, we utilized an income approach with a discount rate of 8.5 percent, reflecting an estimated cost of capital and risks associated with the underlying assets.
[10] Following the previously described declining market conditions during the first quarter of 2020, we evaluated these investments for other-than-temporary impairment. The impairments within our Northeast G&P segment are primarily associated with operations in wet-gas areas where producer drilling activities are influenced by NGL prices which historically trend with crude oil prices. The fair values of our investments in Caiman II and Aux Sable Liquid Products LP (Aux Sable) were estimated using a market approach, reflecting valuation multiples ranging from 5.0x to 6.2x EBITDA (weighted-average 6.0x). The fair values of the other investments, including gathering systems that are part of Appalachia Midstream Investments, were estimated using an income approach, with discount rates ranging from 9.7 percent to 13.5 percent (weighted-average 12.6 percent). We also considered any debt held at the investee level, and its impact to fair value. The assumed valuation multiples and industry weighted-average discount rates utilized were both significantly influenced by the recent market declines previously discussed.
[11] During the fourth quarter of 2020, RMM renegotiated service contracts with a significant customer in connection with the customer’s Chapter 11 bankruptcy proceedings. The renegotiated contracts result in lower service rates and lower projected future cash flows. As a result, we evaluated this investment for other-than-temporary impairment. The fair value was measured using an income approach. We utilized a discount rate of 18 percent in our analysis
[12] Following the previously described declining market conditions during the first quarter of 2020, we evaluated these investments for other-than-temporary impairment. The fair value was measured using an income approach. Both investees operate in primarily oil-driven basins where significant expected reductions in producer activities led to reduced estimates of expected future cash flows. Our fair value estimates also reflected discount rates of approximately 17 percent for these investments. We also considered any debt held at the investee level, and its impact to fair value. The industry weighted-average discount rates utilized were significantly influenced by the recent market declines previously discussed.
[13] Relates to a gas gathering system in the Marcellus Shale region that was adversely impacted by lower sustained forward natural gas price expectations and changes in expected producer activity. The estimated fair value was determined using an income approach. We utilized a discount rate of 10.2 percent in our analysis.
[14] Reflects multiple individually insignificant impairments and write-downs of other certain assets that may no longer be in use or are surplus in nature for which the fair value was determined to be lower than the carrying value.
[15] Relates to a certain gathering system held in Appalachia Midstream Investments that was adversely impacted by changes in the timing of expected producer activity. The estimated fair value was determined using an income approach. We utilized a discount rate of 9 percent in our analysis.