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Acquisitions and Divestitures (Tables)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2012
Business Combinations [Abstract]    
Schedule of Purchase Price Allocation [Table Text Block]
 
 
As of December 31, 2014
 
 
(in millions)
Consideration:
 
 
Total consideration paid
 
$
941.8

 
 
 
Amounts recognized for fair value of assets acquired and liabilities assumed:
 
 
Proved properties
 
$
472.1

Unproved properties
 
480.6

Asset retirement obligations
 
(9.7
)
Liabilities assumed
 
(1.2
)
Total fair value
 
$
941.8

 
Business Acquisition, Pro Forma Information [Abstract]
 
Year ended December 31,
 
2014
 
2013
 
Actual
 
Pro forma
 
Actual
 
Pro forma
 
(in millions, except per share data)
 
 
 
 
 
 
 
 
Revenues
$
3,414.3

 
$
3,440.4

 
$
2,685.1

 
$
2,858.8

Net income attributable to QEP
$
784.4

 
$
791.4

 
$
159.4

 
$
195.3

Earnings per common share attributable to QEP
 
 
 
 
 
 
 
Basic
$
4.36

 
$
4.40

 
$
0.89

 
$
1.09

Diluted
$
4.36

 
$
4.40

 
$
0.89

 
$
1.09

 
Year ended December 31,
 
2012
 
Actual
 
Pro forma
 
(in millions, except per share data)
Revenues
$
2,071.7

 
$
2,207.2

Net income attributable to QEP
$
128.3

 
$
143.0

Earnings per common share attributable to QEP
 
 
 
Basic
$
0.72

 
$
0.80

Diluted
$
0.72

 
$
0.80