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Quarterly Financial Information (Unaudited)
 12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]

The following table provides a summary of unaudited quarterly financial information:
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Year
 
(in millions, except per share information)
2014
 
 
 
 
 
 
 
 
 
Revenues
$
817.5

 
$
887.2

 
$
910.0

 
$
799.6

 
$
3,414.3

Operating income (loss)
140.8

 
(35.9
)
 
115.1

 
(1,067.3
)
 
(847.3
)
Income (loss) from continuing operations
12.7

 
(106.1
)
 
153.7

 
(469.8
)
 
(409.5
)
Discontinued operations, net of income taxes (1)
27.0

 
13.8

 
17.4

 
1,135.7

 
1,193.9

Net income (loss) attributable to QEP
39.7

 
(92.3
)
 
171.1

 
665.9

 
784.4

Non-recurring items in operating income (loss) (2)
0.4

 
(202.5
)
 
(11.9
)
 
(1,077.8
)
 
(1,291.8
)
Per share information attributable to QEP
 
 
 
 
 
 
 
 
 
Basic EPS from continuing operations
$
0.07

 
$
(0.59
)
 
$
0.85

 
$
(2.62
)
 
$
(2.28
)
Basic EPS from discontinued operations
0.15

 
0.08

 
0.10

 
6.34

 
6.64

Diluted EPS from continuing operations
0.07

 
(0.59
)
 
0.84

 
(2.62
)
 
(2.28
)
Diluted EPS from discontinued operations
0.15

 
0.08

 
0.10

 
6.34

 
6.64

2013
 
 
 
 
 
 
 
 
 
Revenues
$
651.3

 
$
694.0

 
$
719.5

 
$
620.3

 
2,685.1

Operating income (loss)
27.3

 
159.1

 
83.3

 
(66.7
)
 
203.0

Income (loss) from continuing operations
(24.8
)
 
149.2

 
12.1

 
(84.4
)
 
52.1

Discontinued operations, net of income taxes (1)
20.5

 
29.2

 
25.2

 
32.4

 
107.3

Net income (loss) attributable to QEP
(4.3
)
 
178.4

 
37.3

 
(52.0
)
 
$
159.4

Non-recurring items in operating income (loss) (2)
(0.2
)
 
100.2

 
9.0

 
$
(98.5
)
 
10.5

Per share information attributable to QEP
 
 
 
 
 
 
 
 
 
Basic EPS from continuing operations
$
(0.14
)
 
$
0.83

 
$
0.07

 
$
(0.47
)
 
$
0.29

Basic EPS from discontinued operations
0.12

 
0.16

 
0.14

 
0.18

 
0.60

Diluted EPS from continuing operations
(0.14
)
 
0.83

 
0.07

 
(0.47
)
 
0.29

Diluted EPS from discontinued operations
0.12

 
0.16

 
0.14

 
0.18

 
0.60

 ____________________________
(1)
In December 2014, QEP completed the Midstream Sale. QEP Field Services' financial results (excluding results of the Haynesville Gathering System) have been reflected as discontinued operations and all prior periods have been reclassified.
(2) 
Includes net gains and losses from asset sales and losses due to asset impairments.