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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]  
Income Statement Impact Of Discontinued Operations [Table Text Block]
 
Year Ended December 31,
 
2014
 
2013
 
2012
 
(in millions)
REVENUES
 
 
 
 
 
NGL sales
$
109.3

 
$
101.9

 
$
137.9

Other revenues
140.9

 
166.6

 
154.1

Purchased gas, oil and NGL sales(1)
(47.1
)
 
(17.8
)
 
(13.9
)
Total Revenues
203.1


250.7


278.1

OPERATING EXPENSES
 
 
 
 
 
Purchased gas, oil and NGL expense(1)
(48.5
)
 
(17.6
)
 
(15.1
)
Lease operating expense(1)
(5.5
)
 
(3.5
)
 
(3.5
)
Natural gas, oil and NGL transport & other handling costs(1)
(55.4
)
 
(80.6
)
 
(49.2
)
Gathering, processing, and other
85.9

 
82.2

 
79.8

General and administrative
42.1

 
30.7

 
17.9

Production and property taxes
7.3

 
5.2

 
5.1

Depreciation, depletion and amortization
45.9

 
52.2

 
55.1

Total Operating Expenses
71.8


68.6


90.1

Net gain (loss) from asset sales
1,793.4

 
(0.5
)
 

OPERATING INCOME
1,924.7


181.6


188.0

Realized derivative gains

 

 
8.4

Interest and other income (expense)
0.3

 
(10.0
)
 
(8.2
)
Income from unconsolidated affiliates
4.9

 
5.6

 
6.7

Loss on early extinguishment of debt
(2.4
)
 

 

Interest expense (income)
(3.8
)
 
1.8

 
3.4

INCOME FROM DISCONTINUED OPERATIONS BEFORE INCOME TAXES (2)
1,923.7


179.0


198.3

Income tax provision
(708.2
)
 
(59.7
)
 
(68.7
)
NET INCOME FROM DISCONTINUED OPERATIONS
1,215.5


119.3


129.6

Net income attributable to noncontrolling interest
(21.6
)
 
(12.0
)
 
(3.7
)
NET INCOME FROM DISCONTINUED OPERATIONS, NET OF INCOME TAX
$
1,193.9


$
107.3


$
125.9

___________________________
(1) 
Includes discontinued intercompany eliminations.
(2) 
Includes income from discontinued operations before income taxes attributable to QEP from QEP Midstream (of which QEP owned 57.8%) of $28.9 million, $33.5 million and $38.9 million for the years ended December 31, 2014, 2013 and 2012, respectively.
Assets And Liabilities Of Discontinued Operations [Table Text Block]
 
December 31, 2013
 
 
Cash and cash equivalents
$
18.1

Accounts receivable, net
53.9

Income taxes receivable
38.4

Deferred income taxes - current
2.7

Prepaid expenses and other
8.9

Current assets of discontinued operations
$
122.0

 
 
Property, Plant and Equipment
 
Midstream field services
$
1,500.8

Material and supplies
4.8

Total Property, Plant and Equipment
1,505.6

Less Accumulated Depreciation, Depletion and Amortization
(381.6
)
Net Property, Plant and Equipment
1,124.0

Investment in unconsolidated affiliates
39.0

Other noncurrent assets
4.7

Noncurrent assets of discontinued operations
$
1,167.7

 
 
Accounts payable and accrued expenses
$
74.1

Production and property taxes
1.2

Current liabilities of discontinued operations
$
75.3

 
 
Deferred income taxes
$
195.7

Asset retirement obligations
28.5

Other long-term liabilities
14.1

Noncurrent liabilities of discontinued operations
$
238.3