XML 82 R58.htm IDEA: XBRL DOCUMENT v3.3.1.900
Discontinued Operations Income Statement Impact Of Discontinued Operations (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
NGL sales                 $ 80.0 $ 223.3 $ 192.2
Other revenues                 15.1 11.1 22.4
Purchased gas, oil and NGL sales                 620.8 913.9 774.9
Total Revenues $ 468.3 $ 507.6 $ 574.6 $ 468.1 $ 757.1 $ 858.5 $ 850.0 $ 827.6 2,018.6 3,293.2 2,685.1
Purchased gas, oil and NGL expense                 (626.8) (910.1) (783.5)
Lease operating expense                 (238.8) (240.1) (181.3)
Natural gas, oil and NGL transportation and other handling costs                 (291.3) (277.6) (222.0)
Gathering and other expense                 5.8 6.7 8.4
General and administrative                 181.1 204.4 160.4
Production and property taxes                 117.6 205.2 161.3
Depreciation, depletion and amortization                 881.1 994.7 963.8
Total Operating Expenses                 2,400.8 3,991.9 2,585.6
Net gain (loss) from asset sales                 4.6 (148.6) 103.5
OPERATING INCOME (LOSS) $ (144.6) $ (87.7) $ (16.7) $ (128.6) (1,067.3) 115.1 (35.9) 140.8 (377.6) (847.3) 203.0
Realized and unrealized gains (losses) on derivative contracts                 277.2 363.3 58.9
Interest and other income                 3.0 12.8 15.2
Income from unconsolidated affiliates                 0.0 0.3 0.2
Loss from early extinguishment of debt                 0.0 (2.0) 0.0
Interest expense                 145.6 169.1 165.1
Net income attributable to noncontrolling interest                 0.0 21.6 12.0
NET INCOME FROM DISCONTINUED OPERATIONS, NET OF INCOME TAX         $ 1,135.7 $ 17.4 $ 13.8 $ 27.0 $ 0.0 1,193.9 107.3
Income from discontinued operations before income taxes attributable to QEP from QEP Midstream [1]                   $ 28.9 33.5
Ownership Percentage [1]         57.80%         57.80%  
Midstream Business Held For Sale [Member]                      
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                      
Payments to Acquire Oil and Gas Property and Equipment                   $ 55.2 88.9
NGL sales                   109.3 101.9
Other revenues                   140.9 166.6
Purchased gas, oil and NGL sales [2]                   (47.1) (17.8)
Total Revenues                   203.1 250.7
Purchased gas, oil and NGL expense [2]                   (48.5) (17.6)
Lease operating expense [2]                   (5.5) (3.5)
Natural gas, oil and NGL transportation and other handling costs [2]                   (55.4) (80.6)
Gathering and other expense                   85.9 82.2
General and administrative                   42.1 30.7
Production and property taxes                   7.3 5.2
Depreciation, depletion and amortization                   45.9 52.2
Total Operating Expenses                   71.8 68.6
Net gain (loss) from asset sales                   1,793.4 (0.5)
OPERATING INCOME (LOSS)                   1,924.7 181.6
Interest and other income                   0.3 (10.0)
Income from unconsolidated affiliates                   4.9 5.6
Loss from early extinguishment of debt                   (2.4) 0.0
Interest Income (Expense), Net                   (3.8) 1.8
INCOME FROM DISCONTINUED OPERATIONS BEFORE INCOME TAXES [1]                   1,923.7 179.0
Income taxes                   (708.2) (59.7)
NET INCOME FROM DISCONTINUED OPERATIONS                   1,215.5 119.3
Net income attributable to noncontrolling interest                   (21.6) (12.0)
NET INCOME FROM DISCONTINUED OPERATIONS, NET OF INCOME TAX                   $ 1,193.9 $ 107.3
[1] Includes income from discontinued operations before income taxes attributable to QEP from QEP Midstream (of which QEP owned 57.8%) of $28.9 million and $33.5 million for the years ended December 31, 2014 and 2013, respectively.
[2] Includes discontinued intercompany eliminations.